If you plan to stay in the cryptocurrency circle for the next three years and are determined to make trading a second career, you must read these 10 iron rules; they are practical tips for making a living from trading, and it is recommended to save them!
1. Suppose you have 100W, when the return reaches 100%, your assets will reach 200W. If you then lose 50%, it means your assets will return to
100W. Clearly, losing 50% is easier than gaining 100%.
2. If you have 100W, after a 10% increase on the first day, your assets will reach 110W, then after a 10% decrease on the second day, your assets will remain at 99W. Conversely, if you decrease by 10% on the first day and increase by 10% on the second day, your assets will still be 99W. If you have 100W, earn 40% in the first year, lose 20% in the second year, earn 40% in the third year, lose 20% in the fourth year, earn 40% in the fifth year, and lose 20% in the sixth year, your assets will remain at 140.5W, with a six-year annual return rate of only 5.83%, which is even lower than the 5-year treasury bond coupon rate.
4. If you have 1 million yuan, and you leave the market every day if you can earn 1%, then after 250 days, your assets can reach
1203.2W, after 500 days your assets will reach 1.45
100 million.
5. If you have 1 million yuan, if your income reaches
200% return, then after 5 years your assets will reach
243 million, but such high returns are difficult to sustain.
6. If you have 1 million, you hope to achieve
10 million yuan, reaching 100 million yuan in 20 years, and 1 billion yuan in 30 years, then you need to achieve an annualized rate of return of 25.89.
7. Suppose you bought 10,000 yuan of a certain currency when it was 10 yuan, and now it has fallen to 5 yuan. If you buy 10,000 yuan again, then the cost of holdings in your hand can be reduced to 6.67 yuan, not 7.5 yuan as you imagined.
8. If you have 1 million yuan, invest in a certain currency to make a profit
10%, which you can keep when you decide to sell
100,000 yuan worth of chips, then your holding cost will be
Zero, then you can hold it for a long time without any pressure
If you are extremely optimistic about this currency and have left 200,000 yuan in the market
You will find that your profit will increase from 10%
It is 100%, but don’t be complacent, because if the coin falls later
If your investment has increased by 50%, then you may still lose money.
10. A sharp drop is the touchstone for testing high-quality coins*. If the market plummets and your coin drops slightly, it is obvious that the dealer is protecting the market and refusing it to fall. Therefore, you can hold this kind of coin with confidence and you will definitely gain something.
I'm Sister Wei, and it's great to meet you all. Sister Wei specializes in Ethereum spot trading. There's still room on the team, so jump on board quickly and help you become a banker and a winner. #加密市场观察 $ETH
