Revealing the secrets of cryptocurrency trading! Do you know that in cryptocurrency trading, some seemingly simple operations hide big secrets behind them?
First of all, the cost calculation of buying a currency is not that simple.
For example, if you buy 10,000 U of a certain currency when it is 10U, and then buy another 10,000 U when it falls to 5U, you think the cost is 7.5U, but in fact the cost is 6.67U. Secondly, the power of compound interest is beyond imagination.
If you have 100,000 and leave the market when you make 1% every day, your assets can reach an astonishing 1.3232 million in a year!
Moreover, even if the investment success rate is only 60%, as long as you invest 100 times in a row and set the stop profit and stop loss positions reasonably, the final rate of return can be as high as 300%.
However, these seemingly simple operations actually require extremely high self-discipline and control. Because human greed often makes us lose our minds and make wrong decisions.
Therefore, in cryptocurrency trading, position management and fund management are crucial. Reasonable position and fund management can keep us calm in trading, not be affected by short-term fluctuations, and make more wise decisions.
In cryptocurrency trading, controlling greed, managing positions and funds are the keys to long-term profitability. Come to the comment section to share your trading experience!