The conclusion of the previous article mentioned that contracts account for the percentage of "total investment in the currency circle":
＊Contract novice 0%
＊Non-newbies 0 ~ 15%
First, let’s explain the “total investment in the currency circle”.
The currency circle is an extremely high-risk investment target, and even investing in stablecoins is not absolutely safe. Therefore, if the money invested in the currency circle returns to zero, it will not affect the money in life. And absolutely cannot borrow money to invest. Although I have a mentality of returning to zero, the goal is not to return to zero. Contracts are one of the fastest ways to rise and fall to zero. So build a portfolio allocation, not a gambling stud.
Today let’s talk about the contract allocation ratio.
Novice: Don’t invest any money in the contract, but you must learn the relevant knowledge about the contract. And use simulated gold or experience gold to open orders. Remember to make a habit of placing a take-profit/stop-loss on every order, and don’t get too high. This good habit must be established from pretend play.
Non-novice: This refers to someone who already knows some contract knowledge, what is a full position/isolated position, and can read simple line charts, etc. The most important thing is to have used simulated money or trial money to place an order. At this time you should be able to have a rough idea of whether the contract is suitable for you. If it feels inappropriate, then 0%. If you think it's okay, you can first put 1% of your funds to play, and then gradually add more, but no more than 15% at most. It is necessary to review the market frequently, whether it is profit or loss. If you make money, move the money you make to other allocations. If you lose, don't move other funds in.
Remember, even if the contract is not opened, the money will still be there. If you invest in financial management, you will at least earn interest. Don’t worry if you are not ready!
As for how other funds are allocated, we will talk about it later.
