Some friends often come to me to consult about the spot trend and entry point. In fact, I am not against spot trading. I just want to share with you some information about the current situation. I think there are several prerequisites for spot trading:

1. Is the current point relatively low?

In view of the current situation, the current point is hovering around 60,000, and there is no big room for decline. It is impossible to enter the market and it is easy to be cut in half.

2. Is the environment of the entire market relatively optimistic?

In the entire market, the incremental funds are not particularly obvious. The impact of the epidemic and the downward pressure on the economy are still very large. Even if BTC has a better hedging property, the bubble will burst one day.

3. Do you have enough funds?

If the amount of funds is too small, it is really unnecessary to buy spot at a high price. After all, it is not the past. All investment products in the world are getting harder and harder. As the point becomes higher, the growth rate will slow down. This is an unchanging law of finance.

4. Is your time cost enough?

Each round of rise has a cycle. The first batch of people who bought BTC did become financially free, but they all waited for ten years. Do you have time to get another ten years? Take BTC for example. If the funds of 60,000 USDT are multiplied by 100 times, do you think you can get it?

Contract

I think there are common misunderstandings about contracts:

1. Contracts are risky

Any investment is risky. The key is how investors invest. Contracts are leveraged transactions, so they cannot be operated with heavy positions like spot transactions. If you keep your position in a reasonable range during the operation, and operate with stop-profit and stop-loss, the contract risk can be completely controlled. In the final analysis, the risk originates from people's endless greed.

2. The market changes too fast and can't keep up with the market rhythm?

Contract operation is very flexible. We must have our own ideas for operation. If we don't reach the predetermined point, we must resolutely wait and see. The market is every day. We don't need to follow the market every time to grasp it. We can plan operations according to our spare time and get considerable returns in the short term, which can be used for both investment and life.

At present, I think contracts are more suitable for investment than spot, and I hope that all coin friends will return with a full load!

Author of this article: Chen Fei talks about coins

Author's message: Eight years in the coin circle, accompany you all the way!