If you plan to invest in cryptocurrency, please take a few minutes to read my answer word for word, because it may save your life and a family.
Thousands of originally happy families ended up broken up because of the unattainable dream of pursuing a fortune in the cryptocurrency world.
I think if I really want to go down the path of trading, I still have to study hard. In addition to understanding the basic knowledge and analyzing the news, I should also study the technical indicators.
If you don't conduct in-depth research and plan your money properly, your funds will be exhausted. In the end, as a retail investor with no foundation, you will only be happy to enter the market and leave sadly.
There is a reason why some famous technical indicators have been passed down for a long time, such as MACD divergence signal, KDJ overbought and oversold signals, support and pressure signal Q, etc. Although they cannot guarantee profits, they can allow you to conduct quantitative analysis in a more mature model, thus giving investors a basic direction.
In the cryptocurrency world, there is only one way to earn 100Wu from a few thousand U, and that is rolling positions.
When you have 1 million yuan in capital, you will find that your whole life seems to be different. Even if you do not use leverage, if the spot price increases by 20%, you will have 200,000 yuan. 200,000 yuan is already the annual income ceiling for most people.
Don't always brag about tens of millions or hundreds of millions. You should start from your actual situation. Bragging all the time will only make you feel good. Trading requires the ability to identify the size of opportunities. You can't always have a light position or a heavy position. Usually, you can play with a small position, and when a big opportunity comes, you can pull out the Italian cannon.
For example, rolling position a, this can only be performed when a big opportunity comes. You can't roll it all the time. It doesn't matter if you miss it, because you only need to roll successfully three or four times in your lifetime!
First of all, we need to know when rolling operations are suitable:
Currently, only the following three situations are suitable for rolling positions:
1- Long-term sideways volatility "select direction after the new low
2- Buy at the bottom after a sharp rise in the bull market
3-Break through the major weekly resistance/support level
Generally speaking, only the above three situations have a greater chance of winning, and all other opportunities should be abandoned.
The following is the operation method of rolling warehouse:
Adding positions with floating profits: After making floating profits, you can consider adding positions to buy. But before adding positions, you need to ensure that the cost of holding positions has been reduced to reduce the risk of losses. This does not mean blindly adding positions after making profits, but it should be done at the right time.
Base position + T-rolling operation: Divide the funds into multiple parts, leaving a part of the base position unchanged, and the other part of the position for high-selling and low-buying operations. The specific proportion can be selected according to personal risk preference and fund size. For example, you can choose to roll half of the position for T-rolling, 30% of the base position for T-rolling, or 70% of the base position for T-rolling. This operation can reduce the cost of holding positions and increase profits.
The martial arts secrets have been given to you all. Whether you can become famous in the world depends on yourself.
To put it bluntly, playing in the cryptocurrency circle is a battle between retail investors and bankers. If you don’t have cutting-edge news and first-hand information, you will only be cut off! Those who want to make plans together and reap the benefits of the bankers together can come!
