Cryptocurrency Trivia

Cost Averaging: Don't be deceived by the surface, for example, buying 10,000 U at 10 U, and then adding another 10,000 U at 5 U, the average cost is 6.67 U, not 7.5 U. Understanding this is crucial for managing your position.

Compound Interest Effect: With a principal of 100,000 U, earning 1% daily, over 250 trading days in a year, your assets can grow to 1,323,200 U. If sustained for two years, assets can reach tens of millions. The challenge lies in maintaining compounding.

Probability and Profit Taking/Loss Cutting: With a 60% success rate, and 10% profit taking/loss cutting each time, after 100 trades, the total return can reach 300%. The key is to strictly execute the trading plan and remain calm.

Controlling Greed: Starting with 10,000 U, earning 10% each time, theoretically, you can reach 1 million U in 49 days, break 10 million in 73 days, and surpass 100 million in 97 days. However, in reality, very few achieve this, as greed leads to failure.

Contract Trading and Position Management: The above techniques are particularly important in contract trading and position management, requiring flexible application based on actual circumstances. #比特币市场波动观察