In the cryptocurrency world, how to turn 100U into 5000U

Assuming we initially have a capital of 100U.

In the first trade, we use 10% of our capital, which is 10U. If we successfully take profit, the funds will increase to 130U.

In the second operation, we use 10% of the funds we have at that time, which is 13U as our position size. Suppose this time we are unlucky and hit the stop loss, the funds drop back to 117U.

In the third attempt, we again use 13U as our position size. If this time we successfully take profit, the total funds will rise to 156U.

In the fourth investment, we increased the position size and invested 16U, which is also about 10% of the current funds. As a result, we took profit again, and the final account balance is 204U.

When opening a position, always follow the strategy to manage the position size:

For example, if the entry price is 2685 (using 10% of the capital), when the price rises to 2695, we can increase the position size (still using 10% of the funds). At the same time, set the stop loss at 2705. If you want to be more aggressive in trading, you can buy in batches, investing 7% each time. The advantage of this approach is that the risk-reward ratio can be better, reaching 1 to 1.5, and for those who are skilled, it can even reach 1 to 2.6.

When approaching the profit target, about 5 to 10 points away, you can first close 70% to 80% of the position. For the remaining portion, raise the stop loss line by 5 to 10 points. If the price does not break this new stop loss point, then hold on. However, once it breaks and does not meet our expectations, gradually reduce the position. For every key resistance level passed, close 70% of the position and adjust the stop loss position accordingly.

If luck is on our side, and we make profits in 2 to 4 consecutive operations, our total funds can increase significantly. This method considers both risk control and maximizing profits #卡尔达诺稳定币提案 #以色列伊朗冲突 #币安HODLer空投HOME #美国加征关税 #X平台封号