$paid 5 million in the currency circle and learned something $BTC
1. The important thing about speculation is not to make money, but not to lose money.
As long as you can avoid losing money, huge fluctuations will carry you to make money.
The approach is to buy at a safe position and sell at the end of the craze.
The so-called cutting off losses and letting profits run is actually a false proposition.
For example, if you buy it for 60,000 U in November 2021, you will lose money no matter how much you cut.
The real meaning of this sentence is "Buy at a position where you won't lose money and let the fluctuations run."
Also known as Sun Tzu's Art of War, win first and then go to war.
2. What is a no-loss position?
It's the darkest moment, when all the shortcomings have been taken out, how can it still fall?
Therefore, profits come from fluctuations, that is, the opposite of the movement of the Tao
Then the position to build a position should be at the darkest moment, that is, for the weak.
3. When to reduce positions
When various memes like "how many u's you see, how many times it will double" become popular, it's time for the short side to counter the bull side. This is also the way of the counter move, and it is just a counter move to deceive others.
The real idea behind it is the exchange of yin and yang, the endless regeneration.
Nothing can only rise but not fall, and nothing can only fall but not rise. This is the truth.
Tai Chi generates two rituals, two rituals generate four images, and the sixty-four hexagrams cycle.
So profits come from fluctuations, fluctuations are the movement of the market, and time is a function of movement.
4. When to add positions
If you want to make money, you need to buy risk exposure and follow the market fluctuations.
If you want to continue to make money, you need to use the wisdom of the weak to open up risk exposure in the darkest moments.
If you want to continue to make big money, you need to continue to do this repeatedly, that is, live long enough.
Live long enough to earn enough.
5. Profit and loss come from the same source
Time is money, time is also life, then life is money.
When you are lucky, use your luck to do it; when you are not lucky, stop your losses in time.
Always remember that profits and losses come from the same source.
Hope it can help more people