Haonan will share with you my experience in currency speculation today, if I hope it can give you some help

Let’s first summarize the several reasons for losing money. Only by knowing why you lose money can you know where you can make money.
1. Don’t stop losing, the short-term becomes the mid-term, and the mid-term becomes the long-term.
As an investment practitioner for many years, we are often asked, "What are the most common mistakes investors make in the investment market?" My answer is not to stop losses immediately and quickly. Due to the leverage effect of long-short two-way investment, both profits and losses are magnified. The consequences of not stopping losses in time are often extremely serious. The same is true for the currency speculation market. We all know that our most valuable wealth in the currency speculation market is our investment capital. Capital is like our ammunition on the battlefield. Without ammunition, we are doomed to fail. We must always pay attention to protecting our capital and not allow losses to expand indefinitely. Many people hope, pray, and dream about finding the perfect trading method that will make them completely profitable without having to stop their losses. In a word, this perfect way to make money is impossible in any field. A successful trading method, like a successful life, is not obtained by avoiding losses, but by controlling the quality of losses.

Today I will share with you the self-report of a student. Let’s take a look at his investment past and what kind of person he is. He lost 500E due to liquidation while he was in school.

In 16 days, I finally experienced the ups and downs.
When I was in high school, I came into contact with this market for the first time after a friend showed off his stock holdings to me several times. (Some people will probably ask him how he opened an account as a minor. I don't know, and it's not the point).
When I first joined the fund, I didn’t know there was a concept of trading hours. I went home after school every day and picked up my mobile phone to study. I was still a freshman in high school. Although there was a lot of homework, I still had a lot of free time to write and copy. I have known for a few days that I don’t trade on weekends, but I thought that after buying every day, I had to wait until the next day to buy. I read other people’s comments about fund managers and randomly selected the most popular ones to buy. I don’t remember which track I was on at the time. It has improved by leaps and bounds. At least none of the games I bought have made continuous losses. After playing for a year, I still don’t understand the game and I am out of the game with a loss.

Anyone with a little bit of financial knowledge has heard of the Kangbo cycle, which is the economic cycle. There are peaks and troughs. Some people ride the wind and waves, and the willows are hidden, and the flowers are bright. Another village, and more people can't survive the dawn and die on the beach.
Therefore, before we actually enter the market, in addition to understanding the project background, future development, historical prices, etc. of various cryptocurrencies, we should first establish an investment strategy and give ourselves a clear position ratio.
You must know that any project has risks: market risks, policy risks, technological ecological risks, etc. are always present. When investing, you must stick to your own circle of competence and earn profits that you can control with high probability.

A lot of people have joined me in the past few days, and they are all people who have lost money in the currency circle. Some are even heavily in debt, their wives and children are separated, and I heard some of the situations they told me. I couldn't help but sigh, so I came up with the idea of ​​writing this article. I hope that after reading this article, it will inspire you to survive in the currency circle in the future.

Without exception, these people who lose a lot of money want to get rich quickly and make a comeback. Their strategy usually goes like this: collect enough principal, buy small coins, and then expect the coins to rise hundreds or thousands of times.

Their methodologies are very complex and many, many more. I have seen all kinds of them, some use winding theory, some use technical indicators, some watch the news, some watch the position flow, and some watch the hot spots. Their methodology is full of a sense of undisclosed secrets. Not surprisingly, if there are enough people doing it, there will always be a few people who will become rich.

Today I will take you to learn about NUTS in the Solana ecosystem

After experiencing the bear market and the FTX crisis, Solana regained its position among the top five in market capitalization. Among them, FDV’s JUP surpassed UNI. Meme coins such as BONK and SILLY brought a lot of income to early investors. Now let’s focus on NUTS, which has the potential to become the next alpha in the Solana ecosystem.
What is NUTS
NUTS is the first token of the Tiny SPL protocol, issued through Free Mint, with a total supply of 21 million and a current valuation of $8 million. $NUTS benefits from the unique features of Tiny SPL and can implement cNFT (Deez Nuts ) and FT ($NUTS) to enhance the liquidity of NFT.

Speaking of the myth of getting rich, the one that happens every year besides buying lottery tickets is the currency circle. Everyone knows that the probability of buying a lottery ticket is 0.0000 in 10,000. I won’t go into it later. After all, there are only a few people who get rich through lottery tickets. Moreover, it is said that there are always Shady. But the currency circle is different. This is also its charm. Maybe at a certain moment, you follow the trend and buy a certain coin. You are busy with your work and life and forget about it. Wait until you think of it one day. Looking at the wallet, I didn't know it. I was shocked when I saw it. The coins I bought for a small amount of money are now worth several years of my salary? It immediately added icing on the cake to my life. Of course, this is not groundless nonsense. This is something that actually happens every year in the currency circle. From last year’s Dogecoin and Shitcoin to the previous Bitcoin and Ethereum, every year The rise of each currency will give birth to batches of small rich people. At that time, active groups will burst out who bought a certain currency. They forgot about it. When they looked at their wallets, they suddenly became multi-millionaires. , and there was also a previous private equity incident. It is said that a young man invested all his tens of thousands of dollars. Later, on the day he got the coins, before he could sell them, he got into a fight and was sent to the detention center. He stayed there for three months. , the currency has been ups and downs in the past three months, ups and downs, the previous group of private investors sold at the right price, and it happened to be in the third month that the currency exploded, and when young people came out , thinking of this, I quickly looked at my wallet. Good guy, the principal has increased from tens of thousands to more than 30 million. Although these examples cannot be said to be extremely rich, compared with the previous life, it can be said that N years of struggle have been saved, and I have been able to get out of the poverty area immediately. As long as the money I earn is used properly, I can live for the rest of my life. It's pretty good.