Newbie 100U Strategy, Must-Read for Newbies
Recently, many fans mentioned that they just started playing and didn’t know how to operate. The funds they just entered were less than 1000u, and asked me if there were any good strategies. Today I will share my suggestions.
For example, if you have 1000U, divide it into 10 parts, and invest 100U each time. The leverage recommendation is 20X. It is difficult for newbies to control their mentality with too high multiples. The remaining 900u is placed in the financial account. If you lose 100U, you must not think that you can make up for it. If you lose it all,
The first thing you have to do is to reflect and summarize, and then take a break for 1-2 days. Don’t be afraid of missing the market, Bitcoin fluctuations are always possible. There are big fluctuations every month, and things with many opportunities depend on whether you have the life to play. After the adjustment, you divide the remaining 900U by 10 to 90U per share, and then invest again. Be careful this time and try to make the money back. Suppose you make 300U this time, you keep 100U and transfer the remaining 200U. In this way, you will feel at ease and your mentality will be much better. Don't invest all of it. In the end, a black swan appears in the market, then you will lose it all at once. Start from the beginning again.
Objectively speaking, for contract trading, just open 10X. If you are in the wrong direction, you will be liquidated if it falls by 10%. Even if it is BTC, a 20% fluctuation in a year is too normal. If you are fully invested every time, then no matter how much you have earned before, it is meaningless, and it will all be zero in the end. If you often walk by the river, no one can guarantee that you will be right every time. For a great trader, a 60% success rate is very impressive. Therefore, position management is very important. Even if you have a 90% winning rate, a mistake will make you fall into ruin.
Learn trading knowledge, practice light positions, and reduce losses. Most people lose money in trading because they don't understand the market well enough and don't know how to control their positions and manage risks. Therefore, avoid adding positions when you feel bad, and reduce or close positions instead. If you lose more than 2% of your total funds in one day, you should be alert. When the loss reaches 6%, clear all losing contracts and set a break-even price stop profit on the profitable contracts, and rest for at least 2-3 days. Chasing the rise is dangerous, so don't blindly chase the rise unless the market conditions are clear. Be cautious when adding positions after making a profit, especially after a large profit, as adding new positions often leads to failure.
If you want to increase your position, either act immediately or wait until a major pullback is over, and follow the pyramid method of increasing your position. When the margin profit exceeds 200%, set a 40% retracement stop profit for half of the position, and set a break-even price stop profit for the other half. This is to protect profits and ensure that large profits will not turn into losses. Never trade when you are in a bad mood, feel depressed, or have troubles in life. If you have lost money overall in the past 24 hours, you should also take a break for 2-3 days. Never trade against the trend, reduce the frequency of transactions, and look for the right time to enter the market. For the right trades, keep the bottom position as much as possible, because the right decision may bring continuous benefits.
Newcomer suggestions:
[Powerful] Small funds, 30-50U starting position
[Powerful] High leverage, 20 times leverage
[Powerful] Stop loss: set a stop loss when entering the market, and the stop loss is 20-30 dollars
[Powerful] Stop profit: Hedge stop profit (profit retracement 30%, stop profit strategy)
[Powerful] Profit withdrawal, deposit 500-1000 US dollars each time, don’t be too much.
Practice well and consider adding positions
Just catch the rapid rise or fall of People, Yfii, USTC, AR, etc., 50U can achieve 2000-9000U, 200U can achieve more.
As an investor who has been working in the cryptocurrency circle for many years, I am willing to share my experience and insights with you. If you are interested in the cryptocurrency circle, but don’t know how to start, you might as well follow my homepage and discuss the mysteries and future possibilities of the cryptocurrency circle with me. Click on the avatar introduction to find me.
