​Basic knowledge about the currency circle! ! !

Chapter 4

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7. About covering positions

​Suppose you bought 1,000 yuan of a certain currency when it was 10 yuan, and now it has dropped to 5 yuan, and you buy 1,000 yuan again.

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Then at this time, the cost you hold can be reduced to 6.67 yuan, not the 7.5 yuan you imagined.

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8. Regarding holding costs

​Suppose you have 1 million yuan and make a profit of 10% by investing in a certain currency. When you make the decision to sell, you can leave 10 million yuan of chips with a market value. Then your holding cost will return to zero, and then you can make nothing. Stress-free long-term holding.

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​If you are extremely optimistic about this currency and leave chips with a market value of 200,000 yuan, you will find that your profit will increase from 10% to 100%, but don’t be complacent, because if the currency falls by 50% later, then You may still lose money.