As a newcomer to the cryptocurrency circle, what do you need to pay attention to?
Most people just come into contact with the cryptocurrency circle, all of which are in the secondary market.
And the two major ways of playing in the secondary market must be deeply understood: spot and contract.
Note: Contracts only open big cakes or concubines.
If it is a small amount of funds, or an amount that does not matter to you after losing it, such as 10,000 yuan, it is about 1500U when converted into U.
It is recommended to take out 100U of it first, put it into the contract account, and then open only 10% each time, 50-100 times leverage, position by position.
If you don’t know anything about trading, you can use this 100U based on your feelings first. Whether you lose or make money depends on luck. This 100U is just to let you feel how worthless money is.
After losing this 100U, you need to start learning technical analysis.
Any kind of technical analysis is fine, or any kind of indicator, even naked K-line is fine. While learning, observe the success rate of the technology you have learned on the historical K-line chart of the target you are trading.
When you feel that you have a better understanding of K-line and indicators, transfer 100U again, according to your learning The results of learning guide your trading
At this time, you still have losses and gains. In most cases, you may not be able to strictly follow the content of learning. In any case, you will soon lose all 100U
Next, you need to start learning trading psychology
You need to improve your execution according to trading psychology, and even judge market sentiment through indicators and technology
If you have sufficient learning ability and strong execution, you can now strictly implement the technical analysis methods you have learned
Transfer to 100U again, your chances of winning are greatly increased, but after a period of time, you still successfully lost all 100U
Next, you should learn some mathematical knowledge
The biggest difference between trading and gambling is that the winning rate and profit and loss ratio can be changed through subjective initiative
Learning technology, learning psychological analysis, and improving execution can increase the winning rate, but the profit and loss ratio is the secret of making big money in contracts
Recently, I am also preparing to lay out some potential spot.
Those who like spot contracts can follow up to see the strength.
Click on my avatar,
Follow, more information on the homepage, enter the setting skirt, and share strategies!
I need fans, you need references, it’s better to pay attention than to guess!