Why can I make money by speculating in cryptocurrencies? Let me talk about my thinking (contract version)
Position management and mentality are the most important. My thinking is that if I have 10,000 yuan, I will divide it into three parts, 3,000 at a time, and do it when I see a direction. Many people don’t know whether to go long or short, so this will test your self-control ability. Go long when it falls and go short when it rises. Be patient. If you open positions frequently, the probability of losing money is 70%. Trading is very simple. I open one order a day, never carry an order, and never high-multiple all-in. This is what I call position management. Take out at most one-tenth of the money. Even if you lose, you still have the principal to continue playing. Don’t think about getting rich overnight by high-multiple all-in. Do you have the ability and technology? Don’t have a gambling mentality when speculating in cryptocurrencies. I see too many people who like to carry orders, run away when they make a little profit, and hold on to them when they lose. In this way, they always make money by luck. If there is no stop loss point for each order, then you are not suitable for this circle. The above is just a personal opinion. Please don’t gamble