The secrets of cryptocurrency trading are revealed. These key points will help you to ride the cryptocurrency sea! 🚀
Return VS Risk: Imagine that you bravely invest 1 million and get 100% return, doubling your funds in an instant! But then, if you accidentally lose 50%, everything will be back to square one. 😢 Therefore, setting stop-profit and stop-loss is like a lighthouse in navigation, which is very important! Because losses often come faster and more violently than profits. 🛡️
The secret of rise and fall: Suppose you have 1 million in your hand. On the first day, the asset rises by 10%, and the asset jumps to 1.1 million; but on the second day, it suffers a Waterloo, falls by 10%, and the asset shrinks to 990,000. Although the rise and fall seem symmetrical, it is the kingly way to keep the fruits of victory and reduce losses! 💸
Market fluctuation enlightenment: Imagine that you set sail with 1 million, and you earn 40% in the first year, but you lose 20% in the second year. After six years of this cycle, the final profit is only 5.83%, which is not even better than the bank interest! 😓
Magic of compound interest: Compound interest is a friend of time! Assuming your funds grow by 1% every day, after 250 days, you will have 12.032 million; and after 500 days, it will grow to 145 million! 💎
Miracle of annual doubling: If you have a unique vision, invest twice a year, and double your funds every year, five years later, congratulations, you may become an invisible rich man with 243 million assets! This is the power of persistence and faith! 👑
Art of covering positions: wisely cover positions and turn danger into safety! For example, if you start with 10 yuan, and then cover it when it drops to 5 yuan, the average cost will magically drop to 6.67 yuan, instead of the intuitive 7.5 yuan. Short positions and covering positions are your sword to reduce costs and increase profits! 🗡️
Investment portfolio wisdom: In the sea of cryptocurrency, diversified investment is the North Star on the nautical chart. Stablecoins are like safe havens, with an annualized return of about 3%. Building a 4:1 risk and stability investment portfolio and moving forward steadily is a conservative and wise choice. 📊
Mastering these key points will make you more comfortable in the cryptocurrency market, effectively manage risks, and steadily pursue returns! 🚀
