If you are still at a loss, you should take a good look at the following content. This is a concise yet very practical cryptocurrency trading strategy:
1. Divide your available funds into five equal parts. For example, if you have 50,000, divide it into five parts, using 10,000 for each trade.
2. Use one part of the funds to buy a cryptocurrency at the current price.
3. If the price of the cryptocurrency drops by 10%, buy another part.
4. When the price rises by 10%, sell one part.
5. Repeat the above steps until all funds are used up or all cryptocurrencies are sold.
With this strategy, once you buy in, you don't need to worry even if the price drops because we will continue to buy when the price drops. In fact, if all five parts of the funds are used up, the price has likely dropped by nearly 50%. Unless there is a market crash, the price will not drop that quickly.
From the perspective of profit, each sale will yield a 10% gain. Taking a total capital of 100,000 as an example, if you use 20,000 each time, you will gain 2,000 from each sale.
However, this strategy also has certain issues. A 10% fluctuation is relatively large and may make trading less likely to execute, requiring a longer wait time. This can affect the efficiency of fund usage, as funds may remain idle for a long time or be tied up in a particular cryptocurrency.
However, this issue can be resolved by narrowing the fluctuation range. For example, you can choose to buy cryptocurrencies with high stability and invest in Binance financial products when funds are idle. This way, you can earn additional returns while waiting for price movements.
If you still can't hold onto the current market and are always at a loss, feel free to follow me. Learn more and gain a different trading experience.
#美国加密战略储备 #特朗普国会演讲 #白宫首届加密货币峰会