How can you improve your winning rate and tolerance rate when investing in the cryptocurrency circle?

1. Lower your expectations:

You fantasize about getting rich quickly and making 100 times a year, but it is actually a very difficult thing to achieve. Luck and ability are indispensable. There are many people with desires, but too few people with ability. Most people who want to get rich will eventually choose to go all-in to gamble on their luck: if you encounter a small project, go all-in; if a teacher calls an order, go all-in. Your system is likely to be fragile, and your account will shrink in rounds of games.

Believe that you can reach the end slowly, at least you will be more rational when making decisions. You have rationality in the market, which can ensure that you will not be cut too hard.

2. Calculate odds + position management, both are indispensable:

Even if you think the odds of a certain investment are high, you go all-in, and there is still a risk of bad luck causing the principal to suffer a large drawdown or even bankruptcy. You can completely use code to simulate this process and calculate the best investment position under a certain profit and loss ratio and a certain winning rate. Even if your winning rate is as high as 90% and the odds are 1:1 (generally speaking, with such a high winning rate, the profit and loss ratio is much lower than most people imagine), as long as you go all-in, there is still a great possibility of a large loss.

Position management is the core of your life-saving. On the basis of position management, it will be much better to invest again.

a. If you are looking for a project, the odds of many projects are actually very easy to calculate and are quite high. You can invest up to 5% of the principal in each project, and stop loss/exit when the fundamentals change. This can make you lose dozens of times in a row; if you don’t make money for dozens of times, then work hard and don’t force yourself to do things you are not good at. A single loss will not affect you. Making money once is enough for you to lose 10 times. Relying on mathematics rather than luck, the principal can always go up slowly.

b. If you do trading, avoid betting on long and short positions, and choose a method with high odds, you can still outperform most people. Part of the position is cash, waiting for a big drop to buy the bottom. According to historical data, the cryptocurrency market will have a significant rapid drop every six months. After a 20% drop, you can always get a good return after buying; part of the position is for new listings and arbitrage. If there is no market, you can drink some soup, and if there is a market, you can eat meat.

In this way, you can free your investment behavior from prediction, and change from predicting the market to following the market.Although the return is unlikely to be as good as that of a gambler, the security and stability of your investment will be much higher, and you can live longer and better than 95% of gamblers.

Of course, there are also thresholds for this. a. It is hard work and requires execution. 2. It requires restraint of desire. Most people who are used to the sweetness of poker cannot do it.

3. Off-site cash flow:

Buffett's insurance float is his cash flow, which is also the moat of Buffett's investment. With the supplement of off-site cash flow, your investment mentality will be calmer, easier to make rational decisions, and more willing to gamble in the face of high odds opportunities, and the tolerance rate of investment will be multiplied.

Therefore, don't indulge in gambling on long and short positions, and improving your own abilities is the top priority. Love flies to those who are not short of love, and money will flow to those who are not short of money. Don't rush to get money.

Of course, after saying so much, most people won't listen. These lazy people will still have fantasies, imagining that they can get rich by just tapping their fingers when they find someone to call orders every day, or imagining that they can become gods who can control the market and make money by learning some technical analysis.

#BTC #BOME

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There is a well-known but unspoken truth in the cryptocurrency world: people with small capital usually find it difficult to make a lot of money (except for a few exceptions). Do you know why? The reason why people with small capital find it difficult to make money is not because of the lack of capital, but because of the impatience and greed caused by the lack of capital.

For example, suppose the capital is only 100,000 yuan. After a round of bull market, those with good technology may increase dozens of times, and those with average technology may earn 10 times. Then two rounds of bull market will easily exceed 10 million.

But why can't most people do it? Feeling that the capital is small, they frequently engage in short-term operations, trying to compound interest in a short period of time. As a result, they often stop loss or get trapped, make small profits and big losses, and their capital becomes less and less. Or, they are eager for quick success and open high-multiple leveraged contracts,幻想一夜暴富, but the consequence is overnight暴负.

Humans are beings with desires and are driven by emotions. The weaknesses of human nature are fully reflected in the trading market. Impatience, greed, fear, confusion, etc. are the fundamental reasons for the failure of most retail investors. What do you think?

A towering building rises from the ground, and today's comments depend on you. Please comment before leaving!

Ten years ago, my friend asked me to buy BTC,
In 2014, my friend told me to buy ETH,
In 2019, a friend asked me to buy SHIB
In 2022, my friend told me to buy CCDS
In 2023, he asked me to buy pepe again
I didn't fall for it, I knew it was a scam.
Fortunately, I didn't buy it at the time. Now those friends who bought BTC and ETH are lazy, doing nothing, living like a waste, driving tens of millions of luxury cars, accompanying beautiful women, traveling around the world, what does this mean? The point? This is not the life I want!

Hahaha. . . How could such a coincidence happen? Let’s just have some fun after dinner😊😊😊
$BTC $SOL $ORDI #ARB #op #PEPEP

8 people who determine the direction of the trillion-dollar market in the cryptocurrency industry

1: Bitcoin founder--Satoshi Nakamoto
2: Founder of Ethereum--Vitalik Buterin
3: Founder of the world's largest exchange--Zhao Changpeng
4: Federal Reserve Chairman--Jerome Powell
5: The richest man in the world--Elon Musk
6:King of hot spots--Sun Yuchen
7: When trading in the currency circle, I will fight with you as your opponent.
8: Yourself (you who are troubled by greed, fear, confusion... and cannot overcome your inner demons)

Hahaha, what do you think? Welcome to leave wonderful comments!

The night is deep and I am getting ready to go to bed, but just now some important news came from the encryption market, which is destined to make many blockchain participants think deeply, what news is it? Is Satoshi Nakamoto, the father of Bitcoin, coming out? Let's all take a look together

1. The Russian Federal Intellectual Property Office announced on January 15 at the beginning of this week that Tether, the world’s largest US dollar stablecoin USDT issuer, has submitted four trademark registration applications to Russia. Lawyers said that this means that Tether may conduct related business in Russia. On Thursday (January 18), Tether’s market value approached a new high of US$100 billion.

Tether is currently waiting for approval from the Russian authorities. The four trademarks are Alloy by Tether, AUSDT, Tether Alloy, and Tether USDT.

2. Jamie Dimon, CEO of JPMorgan Chase, put forward an unusual theory, revealing that Satoshi Nakamoto will reappear and bring a new wave of money printing to Bitcoin. He emphasized that all Bitcoins will be deleted.

Satoshi Nakamoto, known as the "Father of Bitcoin", released the "Bitcoin White Paper" in 2008, and Bitcoin was born in 2009. But since then, the traces of Satoshi Nakamoto have become the mystery of the century. Today, no one can accurately prove who Satoshi Nakamoto is.

Dimon came up with an unusual theory that Bitcoin could become obsolete once its maximum supply is issued. “I think it’s very likely that when we get to 21 million Bitcoins, Satoshi Nakamoto will show up, laugh hysterically, then quiet down, and then all Bitcoins will be deleted,” he explained.

3. The cryptocurrency field has undergone tremendous changes in the past few years, and the transaction volume of stable coins has challenged traditional payment giants such as PayPal and Visa.

According to Andrew Peel, head of digital asset markets at investment banking giant Morgan Stanley, the development could mark a “potential paradigm shift in the global perception and use of digital assets.”

In a recent note to investors, Peel examined the current challenges facing the U.S. dollar's dominance as the world's main reserve currency, with 60% of global foreign exchange reserves denominated in greenbacks.

An estimated 100 million people around the world hold the cryptocurrency, with Bitcoin ATMs operating in 82 countries

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