After four years of struggling in the cryptocurrency circle, I finally understood an important truth. Have you ever calculated the account of cryptocurrency trading and understood the mystery?

Imagine that you have 1 million yuan in your hand, and it first rises by 100%, then falls by 50%. How much is left in the end? Surprisingly, the answer is still 1 million yuan! Again, if it falls by 50% first and then rises by 50%, what will the result be? The answer is 750,000 yuan! Even if you rise by 50% first and then fall by 50%, the result is still 750,000 yuan.

What do these two examples tell us? They clearly show that in cryptocurrency trading, controlling retracements is crucial. Many people may make high profits in the short term, but as long as the retracement exceeds 50%, they will eventually return to the starting point and work in vain. This is simply doing useless work!

Another revelation is that a steady annualized rate of return is not inferior to a high rate of return with volatile fluctuations. A steady 30% return every year is already quite considerable! If you can maintain this growth every year and let compound interest work, the returns will be amazing over time!

Just like Warren Buffett, the stock god, he became the stock god not because he could easily double his money in the short term, but because he could maintain a profit of more than 20% for 47 years. There are very few people who can maintain profits for a long time. Therefore, we must keep a normal mind, be down-to-earth, and believe in the power of compound interest.

In the journey of currency speculation, position management is crucial. Only by choosing carefully and controlling risks can we move forward steadily and obtain more substantial returns. Let us stick to a sound investment strategy, believe in ourselves, and pursue long-term and stable wealth growth! #Mt.Gox将启动偿还计划 #btc $BTC