Few people can get a hundred times return. To be honest, many people do not deserve a hundred times return. It takes ten months of pregnancy to become a parent, and three seasons of rain and wind to harvest crops. Do you think that's the end? Did you see the process of careful care in the middle? People always like simple things, but they don't know that the simplest actions are often supported by complex thinking, mentality, etc. Again, many people are not qualified to make a profit.
Read the full text and think carefully. In this impetuous society, being able to calmly read some sincere and deeply shared articles is a blessing for readers and creators.
If you happen to come across this article, I suggest you calm down and read it slowly. If you encounter something you don’t understand, you can skip it first. After reading How to Achieve a Hundred-fold Return in Cryptocurrency Investment? Today, I will tell you how to achieve a hundred-fold return in cryptocurrency investment!
When you understand what the trend is, trading will no longer be confusing. When you understand what is important and what is secondary, it means that you know how to weigh the pros and cons. Trading is the consideration of human hearts. If it falls, you want it to go lower, and if it rises, you want it to go higher. Every failed case is due to human greed, and every successful case is a rational reward. In the face of the trend, all operations against the trend will bury your own funds, but you dare not take action in line with the trend. If it falls for a long time, you have to go long, and if it rises for a long time, you have to go short. Many people are trading according to this idea, but they don’t know that this idea has no technical basis. I believe that every investor thinks that if there is enough theoretical knowledge and technical analysis in the market, it will be smooth sailing, but they also ignore several places that are not taken seriously. It leads to the explosion of the order! Today, the madman will remind everyone and talk about the most easily overlooked skills. Help you improve the winning rate of orders!
1. Know your mistakes, admit them, and correct them: Traders often suffer losses when they enter the market. At this time, you should think whether the losses are temporary or the trend has changed. If it is the latter, you should admit your mistakes and leave the market. When the market trend is inconsistent with your own ideas, don't think that the market is wrong. The only one who is wrong is the investor. The measures you need to take at this time are to think and correct your views, rather than being stubborn.
2. Reverse thinking: When you want to go long, look for reasons that are not conducive to going long. If there are reasons to go short, don't look for reasons to go long at this time. If all the reasons do not support going short, then go long. This is a way of reverse thinking, a forced change in mentality. It helps you filter out unnecessary transactions and makes your transactions more secure.
3. Don’t fall in love with orders: The purpose of making orders is to make a profit. If the direction of the order is inconsistent with your prediction, you can choose to leave the market instead of holding on to it. When the conditions for holding long orders change, leave the long orders, and when the conditions for holding short orders change, leave the short orders. Refuse to rely on luck and refuse to fall in love with orders.
4. Good state: Before making a trade, traders can adjust their state, including clear mind and sufficient physical strength. If the physical and mental state of the trader is not good on that day, it is best not to intervene in and arrange the transaction. Generally, those who are busy with work, in a bad mood, and sick should not enter. Apart from these three points, if you are sure that your thoughts are clear today, you can start trading;
5. Confidence: When trading in the market, you must have enough confidence. Don't be discouraged after a loss. Just follow the plan in advance. After a failure, you can choose to look for the next opportunity instead of worrying about it. Trading in the market requires caution, but you don't need to be timid. You need to admit that losses are inevitable. What you need to consider in trading is how to increase your winning rate and how to reduce losses.
6. Refuse to act arbitrarily: Traders must refuse to act arbitrarily when trading. Strictly implementing the pre-trading plan is the best way to combat the psychological factors of traders. A complete trading plan includes entry point, profit-taking point, stop-loss point, margin call point, position usage, entry conditions, exit conditions, etc. When the transaction is carried out according to the plan, the arbitrariness and contingency of the transaction are reduced to a minimum. In the investment market, every small detail is very important and cannot be ignored. Only by taking every small step well can we take a big step forward.
For more knowledge on cryptocurrency investment, please follow Du Ge. You can read more in the past articles in the column. The two most important points for investment are: one is to know how to analyze the market; the other is to know how to control risks. As an investor, you must have a good attitude and correct investment concepts; positive people see an opportunity in every worry, while negative people see some kind of worry in every opportunity; in the face of volatile market conditions, we must seize every opportunity, and seizing the opportunity is equivalent to seizing tomorrow! I won’t say much about chicken soup, just understand it in your heart! The reason for pain is the pursuit of the wrong things. It is better to say that your experience is not enough than that the market makes you suffer. Don’t lose heart, no one is always unfortunate; don’t be discouraged, no one is smooth sailing, have experienced the bull market, felt the energy market, accepted the plunge, and crossed the surge. Nothing can make you stronger than this. When everyone is no longer optimistic about you, I will firmly turn around for you
