In the field of cryptocurrency, there are some knowledge and skills that are not well known but are crucial. Today, let's explore some of these secrets together:
1. The complex truth of cost sharing
Imagine that when the price of a cryptocurrency is 10U, you invest 10,000U; then the price is cut in half to 5U, and you add another 10,000U. At this time, your average cost is not 7.5U as intuitively, but 6.67U. This cost calculation method is extremely critical in the turmoil of the cryptocurrency circle. Correctly understanding it will help you manage your positions more effectively and avoid misjudgment.
2. The miracle of compound interest effect
Suppose you have 100,000U in your hand, and you only need to earn 1% every day to leave the market with satisfaction. If you can keep doing this for 250 trading days in a year, your assets will miraculously grow to 1.3232 millionU in a year. If it continues for another two years, the asset scale can reach tens of millions. Of course, this is based on the idealized assumption of stable returns, but it reveals the amazing power of the compound interest effect, and also challenges the problem of how to maintain this growth rate.
3. The art of stop-profit and stop-loss under probability management
Suppose your investment strategy has a 60% success rate, and each transaction sets a 10% stop-profit and stop-loss point. After 100 transactions, your total rate of return can be as high as 300%. However, the cornerstone of this achievement lies in strictly implementing the trading plan, not being affected by market sentiment fluctuations, especially staying rational and calm in a highly unstable market.
4. Greed: The biggest stumbling block on the road to trading
Starting from 10,000 U, if you can achieve 10% growth every day, theoretically, you can have a million assets on the 49th day, enter the ranks of multi-millionaires on the 73rd day, and may even reach the threshold of billionaires on the 97th day. However, the reality is cruel, and very few people can achieve this goal, because most people find it difficult to control their inner greed, and often fail on the way due to excessive pursuit of profits. This is the fundamental reason why many traders find it difficult to maintain profits in the long run even if they make short-term profits.
Through these little-known facts, it is not difficult to find that successful cryptocurrency investment is not just a simple buying and selling operation, but also a profound test of self-cognition, risk management and emotional control. #财富自由