It used to be the 80/20 rule, but now it’s only one in ten!

It’s getting harder and harder to make money in the cryptocurrency world now, not because the market is bad, nor because there are no coins that have skyrocketed, but the key lies in position management, entry points and timing judgment.

There are only two results in cryptocurrency trading: profit or loss, each with a 50% chance. But investors with a net worth of 1 million are obviously more likely to win than those with a net worth of 100,000. Why? At the same point, an investor with 100,000 takes 50,000 to cover his position, which is stressful; while an investor with 1 million takes out 50,000, and his mentality is very stable. Therefore, it is not luck that determines winning or losing, but strength.

It is very important to control your position.

If you want to make a lot of money in the cryptocurrency world, you must first learn to build your own framework! Then, restrain and restrain again! Only let in opportunities that fit your framework, and ignore others directly, no matter how tempting it looks.

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