Today I give some advice to those who want to trade in the cryptocurrency circle full-time:
1. If you are a novice, you must know yourself, don't hold the mentality of getting rich quickly, don't think that you are the chosen one, and try and make mistakes with small funds: many people have a miserable life in reality, and they don't even know how to calculate their positions. They come to the cryptocurrency circle to be gamblers and get tens of thousands of dollars. They open a 10x leveraged shuttle with all positions. How can they have a good mentality? If these people don't lose, who will lose? Take out the money that you won't feel bad about losing all; or take out your risk-free profit and divide it into several or dozens of parts to learn from the market; hundreds or thousands are fine, to pay tuition.
2. Even if the funds are small, there must be risk control, strict implementation of strategies, and good habits. The maximum single drawdown is 2~3%, and the maximum is 5%; if you don't have the habit of admitting mistakes, you will be finished if you encounter an event of 312 519 Luna returning to zero when your position becomes larger in the future.
3. Even if you make a small amount of money, you must withdraw it, keep it as tuition in the future, and then continue to play with hundreds or thousands; if you lose, continue to charge some pocket money/risk-free profit. With risk control, even if it is only a few hundred yuan, you can play for a long time. You can accumulate considerable experience without spending much money, and you will have a better understanding of your ability level.
4. Wait until your trading account can survive for half a year without continuing to charge money, and have a certain profit and a good capital curve, then consider increasing your position by 2~3 times. After going through 3 rounds of such tests, consider whether to take a large position to trade full-time in the currency circle.
It is estimated that this process will make many people very painful and confused, realize that they are not good at trading, and finally give up the road of gambling. But this is a good thing. To be successful in trading, you must sacrifice thousands of lives. The big guys who use the second level as an ATM climbed up on a pile of corpses; the difficulty of trading to succeed is no less than the difficulty of entering a famous school, entering a big factory, and getting promoted and getting a raise in reality; in the end, if you get addicted to the pleasure of poker and ruin your life, it is really not worth the loss. To succeed in subjective trading, the opportunity cost is too high. If you donât have absolute confidence and courage, and you are tortured to death by the K-line every day, itâs really better for you to be more diligent and run a few more takeaways. There are also a lot of errands.
Speculation is as old as the mountains, but human nature is immutable. A life that goes in the wrong direction is a failure. The nature of speculation will not change, and human nature will not change, but many things in investment need to go against human nature, which is destined to make most people lose money.Most people are mediocre. If you trade in cryptocurrencies full-time, most people will inevitably lose money.
That is why it is not recommended for most people to trade in cryptocurrencies full-time. The most important thing about investment is to improve cognition. Your investment return will eventually match your cognition. The greatest fairness in this world is that when a person's wealth is greater than his cognition, this society has 100 ways to harvest you until your cognition matches your wealth.
There are two final results for full-time crypto traders: either financial freedom, or poverty, or heavy debts. This is the end of full-time crypto trading. A good investor should never be a gambler, but a well-prepared professional investor, including more than three years of experience, appropriate funds, and a third career without worries. In this way, you can be at ease in the currency circle, shine your own strengths, not worry about gains and losses when opportunities come, and grasp every fluctuation in the currency market with minimal psychological pressure.
Whether it is currency trading or stock trading, it is essentially a way of investment. If you are not fully prepared and want to enter the blockchain industry full-time, then don't give up your job.
Professional coin traders live on isolated islands. They breathe the same air as me and eat the same food as me. Unfortunately, they are no longer the same kind of people as ordinary people. They choose to isolate themselves, choose to pay attention to the ups and downs of various coin prices every day, choose the pleasure brought by money, and be bought by money for their lives. Life is not only about making money, and making money is not only about the coin circle.
If you donât know how to screen strong coins, then I suggest you follow me. Whether it is spot or Heyue, a slight move may be your limit. The opportunity is very short, so you must seize it! Success is not based on luck, choice is greater than hard work, and the circle determines destiny. In the coin circle, in addition to having a keen eye for judging the situation, you must also keep up with a good team and a good leader. If you follow me, you are already halfway to success in the coin circle! #Meme #WIF #sui #SHIB #APT