The cryptocurrency world doesn’t need 500,000, 100,000, or even 50,000
With only 20,000, it is possible to earn 2 million;
But, but, but
If you are a newbie who has just entered the cryptocurrency circle, you are like a sheep walking into a tiger's mouth. You will never come back. Don't think that you are a genius who is one in a million. You are nothing!
The premise for anyone to make money is based on professionalism;
In the cryptocurrency world, only contracts can help you realize your dream of wealth, but contracts also happen to be the most risky. If you don’t have your own ideas, logic, personality, mentality, professionalism, etc., I’m afraid you will definitely be cannon fodder!
Therefore, any big shot who has come out of the cryptocurrency circle has experienced several liquidations, or even major liquidations. I am a good example. In the first month after entering the cryptocurrency circle, I had 8 liquidations (a total loss of 120,000 yuan). It can be said that liquidation is a stage that all players must go through, and it is all tuition fees!
Therefore, as a newbie, if you start with 500,000 yuan, you can only say that you are really arrogant, but you will definitely lose it all in the end!
If I had 50 people entering the cryptocurrency world, I would definitely arrange it like this:
First time: bring one in, the purpose is to understand the rules;
Second time: bring in 2, because the first time will definitely blow up the position, this time, establish your own trading ideas, set up normalized position positions, etc.;
The third time: bring in 3, the second time will still explode, because you will experience all kinds of unreasonable pins, so that you will know how to configure the position!
The fourth time: If you bring in 4, you will still get liquidated the third time, because even if you can configure your positions rationally, your mentality and personality will naturally make you suffer;
The biggest problem for many people is that they can’t overcome the mentality and personality. It is not rational to resist orders without thinking. At the same time, it is also common to compete with oneself. Knowing that the upward or downward trend has formed, they still don’t take decisive action because they have a certain loss, and finally they are dragged into the market!
After 4 liquidations, what can you gain?
Gain 1: Clearly know how many positions, leverage and other core configurations to use in various market conditions;
Gain 2: Overcome your own mentality and personality, treat gains and losses rationally, and be able to decisively cut positions and increase positions; rationally maximize the benefits at each stage!
Gain three: Know what coins to trade and what coins not to trade, know how to control your hands, use your brain, and not be impatient and have bad habits such as passionate operations!
Gain 4: Be able to analyze trends with high quality, analyze market news rationally, understand the banker's thinking, etc.!
The fifth and most important point is to build your own trading system. If you spend so much money but don’t even have your own trading system, then you are still speculating rather than investing!
After going through the above, you will gradually become a qualified trader, which is also the beginning of your success!
Then, wouldn't it be a natural thing for you to use the remaining 400,000 to make 2 million?
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