Yes, because the cryptocurrency market has leverage and is highly volatile.
It is very difficult to improve the success rate. No matter how hard you try to learn various so-called techniques, the success rate is still 50-50, that is, half right and half wrong.
Therefore, the key to making money is not to increase the success rate, but to improve the profit and loss ratio: lose less when you are wrong, and earn more when you are right.
Profits are achieved either by margin or by position.
For example, if the price increases from $2 to $100, which is a 50-fold increase, and you invested $100,000, you would earn 50 times, which is $5 million. This is a win by magnitude.
It increased from 10,070 to 11,073, an increase of 10%. If you invested 100,000 yuan and used 10 times leverage, you would earn 100,000 yuan. This is a winning position.
However, if you rely on positions to win, the tolerance rate is low. If you make a mistake once, even if you stop loss, you will suffer huge losses, so you cannot rely entirely on it to win.
You see, this was also done with small capital. There are many cases like this, and it is not an isolated case.
But this is not the case in the stock market. The leverage of the stock market is too low, so small funds are simply not enough. Only emerging markets can provide such opportunities.
Funding is never a problem; internal strength is.
The distance between you and the first pot of gold is not half a pot of gold, but deep inner strength.
If you borrow money, have a bad mentality, and have weak inner strength, it is almost impossible for you to make money, and you will only continue to lose money.
However, some people will borrow tens of thousands or even hundreds of thousands of yuan to make up for the tens of thousands of yuan they lost.
The distance between you and your return is not one time the principal, but a deep inner strength plus waiting for a historic opportunity.
I only took out one-fiftieth of the money I lost in 2018, and after two years of dormancy, I finally got my money back.
The more you lose, the more you should reduce your trading capital, not double it.
Can you make money by trading?
Most people are definitely cannon fodder, but it is normal for them to be cannon fodder. From my experience of buying and selling OKU a few days ago, many people don’t even know how to withdraw cash or transfer coins. They just come to recharge and gamble. Of course, they can only be cannon fodder. It is not easy for poor people to turn over. No more than 10% of entrepreneurs can survive for two years. Most physical stores can’t survive for more than half a year. What is easy to turn over? Although not many people survive in the currency circle, it is definitely the easy way for ordinary people.
It is also possible to make big money in the cryptocurrency world with small capital and only play with Bitcoin. Even if you only go long, you can still make more than many people who do everything. There are many such stories in the cryptocurrency world.
With only 50,000 yuan as capital, can anyone tell me how many times I can earn in a year? A fried chicken shop will only last half a year at most before it goes bankrupt, and you still have to deal with the industrial and commercial administration, taxation, fire protection, and those vampires of Meituan.
I just want to tell you here that small capital can also turn around and grow big. Don’t use too much money to play futures, especially for novices.
I have been shouting loudly about the recent two waves of increases. Even if coin friends only followed the last wave, they would have made a lot of money.
Speculation is a very professional business, and professionalism is a quality that can only be acquired through professional learning and professional training. Most people who first enter this market do not have this professional ability.
If you are sick, you know it is best to go to a tertiary hospital to see a doctor, rather than just asking anyone. Even if you don’t want to go to a small hospital, you must go to a tertiary hospital. If you want to drive, you need to apply for a driving school first, and then you can drive after professional training and get a driver’s license. You need to go to college for 4 years and take hundreds of courses, but you may not be able to find a job after graduation...
Then why do people think that just anyone, without any professional qualities in the trading field and without any professional training, can make money in the trading market?
The capital market has the smartest people in the world. The cryptocurrency world does not generate profits, and everyone is cutting into each other. We should always reflect on why we can take money out of other people's pockets?
So I hope this can help everyone, and I hope you can survive longer in this market and have the chance to make money, even a lot of money.
There are many people in the market who provide learning materials on trading, but they are basically teaching the techniques of K-line. They think they make money by using the techniques, so they teach you the techniques. But I think they rely on their talent and experience, that is to say, they can make money by using the techniques, but if you learn them, you probably can’t.
The core of trading is not technology, but things other than K-line. You cannot form a complete trading system of your own by relying on the technology you have learned.
For example, recently, there are many people who predict that the market will rise, and they predict that it will rise to 40,000, but how many people can get 40,000? If there is a profit, they want to take the money and put it in the bag, and if there is a loss, they want to increase their position...
The market is dangerous, and retail investors are a vulnerable group. We are all primary school students in front of the market. We should make the best use of our strengths and overcome our weaknesses to drink some fresh soup. #BullRun #Ledger #BTC #MagicEden #xmr $BTC $ETH $BNB