The cryptocurrency industry has been profitable for 9 years! 9 iron laws have been summarized, every word is precious
1. If the capital is less than 100,000, only hold one currency. If the capital is 200,000-300,000, buy two. If the capital is less than 500,000, buy 3-4. No matter how much capital you have, do not hold more than 5. Many people say that eggs should be placed in multiple baskets. Let me tell you, when the market is turbulent, the more baskets you put, the more eggs will rot. Only those who have experienced many bull and bear markets know that in a bull market, you can make a lot of money by concentrating funds. In a bad market, you can stop losses in time with a small amount. I have seen people who bought 300,000 yuan in funds. They may not lose much, but they certainly won't make any money.
Only those who have experienced many bull and bear markets know that in a bull market, you can make a lot of money by concentrating your funds. In a bad market, you can stop losses in time even if you have a small amount. I have seen people who bought with 300,000 yuan of funds. They may not lose much, but they certainly won't make any money.
2. Read the news and learn technology. The only purpose is to improve the winning rate. It can be summed up in two words: follow the trend. Most of the rebounds in the downward trend are to lure more, and most of the declines in the upward trend are to dig a hole! When you are not a master yet, don't think about buying at the bottom, and don't guess what the main force is thinking. The main force is not something you can guess if you want to. Don't play too many tricks when your strength is limited.
3. Trade only when the market is active
4. In the loss state, fix the stop loss position, and never move it down. How many people who hold the fluke mentality have turned short-term into long-term, and long-term into contribution! In the profitable state, the exit point is constantly increasing, and don't let the profit go back. If the profit is 50%, sell it unconditionally if it retreats 5%, and sell it unconditionally if it retreats 30% and falls back 10%.
5. Meet your own buying conditions, be decisive when entering, and be resolute when selling. The currency circle requires vigorous execution, without dragging your feet. Indecisive people are bound to miss out or ride a roller coaster.
6 Before adding positions, ask yourself, if you didn’t buy before, would you buy again in this situation? If yes, then you can, if not, then sell! Generally, I will look at the K-line chart in reverse, so that the top and bottom will change, which will be more effective.
7. Don’t be too obsessed with intraday short-term trading. You have to admit that the smaller the fluctuation, the more confused people are and the harder it is to grasp. There is a famous saying: small profits depend on speculation, big money depends on momentum.
8. You can choose not to buy stocks just because they are too high, but don’t buy stocks just because they are too low. Only 20% of people make money in the market. Never put yourself in a stage where your dividends return to zero.
The cryptocurrency world is a game of human nature. There will be times when you feel uncomfortable, and you must learn to release it. Don’t be angry
