A monthly salary of 3,000 yuan, an annual income of 36,000 yuan, and a lifetime total income is expected to reach 1.44 million yuan;
A monthly salary of 4,000 yuan, an annual income of 48,000 yuan, and a lifetime wealth accumulation is expected to reach 1.92 million yuan;
A monthly salary of 5,000 yuan, an annual income of 60,000 yuan, and a lifetime total income expected to be 2.4 million yuan;
A monthly salary of 6,000 yuan, an annual income of 72,000 yuan, and a lifetime wealth accumulation will likely reach 2.88 million yuan;
A monthly salary of 7,000 yuan, an annual income of 84,000 yuan, and a lifetime income is expected to be 3.36 million yuan;
A monthly salary of 8,000 yuan, an annual income of 96,000 yuan, and a lifetime total income is estimated to reach 3.84 million yuan;
A monthly salary of 9,000 yuan, an annual income of 108,000 yuan, and a lifetime wealth accumulation is expected to exceed 4.32 million yuan;
A monthly salary of 10,000 yuan, an annual income of 120,000 yuan, and a lifetime total income is expected to be 4.8 million yuan;
A monthly salary of 20,000 yuan, an annual income of 240,000 yuan, and a lifetime wealth accumulation will likely reach 9.6 million yuan;
A monthly salary of 30,000 yuan, an annual income of 360,000 yuan, and a lifetime total income estimated at 14.4 million yuan;
A monthly salary of 40,000 yuan, an annual income of 480,000 yuan, and a lifetime wealth accumulation is expected to reach 19.2 million yuan;
A monthly salary of 50,000 yuan, an annual income of 600,000 yuan, and a lifetime total income is expected to reach 24 million yuan.
However, only a few people earn more than 10,000 yuan a month, and even fewer earn more than 20,000 yuan. Most people's monthly salary is still below 10,000 yuan. It seems that the income of ordinary people in their lifetime is barely enough to buy a house.
So, how much do you want to earn before you stop in the currency circle?
If you are over fifty years old, then my suggestion is to hold 10 Bitcoins is enough. After all, the value of Bitcoin is likely to soar to millions in the future. Conservatively estimated, one Bitcoin is worth millions, and 10 Bitcoins is tens of millions. Holding 10 Bitcoins is equivalent to owning a lifetime income of an ordinary working elite!
If you are in your forties, then 5 Bitcoins are enough;
If you are in your thirties, 2 Bitcoins are enough;
If you are in your youth, 0.5 Bitcoins is enough;
If you are still a child, then 0.36 Bitcoins is enough.
If you have entered the ranks of 30-40 years old and now hold 20 Bitcoins, then you have the key to a free life; if you hold 100 Bitcoins, then the whole world will be yours to travel. Come on, friends in the currency circle!
Although there are many ways to make money, the lessons learned from them are often similar.
My 13x experience and investment strategy in the currency circle in 1 year:
The first principle, choose products and choose the time: study good targets and study how to buy:
There are several indicators for buying good targets:
1. Fundamentals, good fundamentals, can be held for a long time, so at least you will be trapped for 3-4 years at worst, and the next bull market can still earn several times
2. Price, the price of buying is not high, and it is at a relatively low level
3. Timing. If there is a trend later, the return will be faster. For example, if there is a strong positive later, such as buying at the end of a bear market, it will be better than buying in the early stage of the bear market. After all, in the early stage of the bear market, your money will be trapped for 1-3 years. If you buy at the end of the bear market, the trend will rise quickly, and your money will increase several times quickly.
The second principle: study the top indicators clearly, and make low buys and high sells based on the entire bull market cycle with a large position.
My core bull market top indicators that I have been using internally in the community:
1. btc market value share, if it is a bull market top, the probability is to fall below the previous low of 36, pay special attention to falling below 40, for example, 9.7 is a big drop after the market value share hovered around 40
2. eth/btc ratio, break through 0.1, the target reaches about 0.12, and can even reach 0.14-0.2. Pay special attention to the risk of large corrections if it breaks through 0.1
The third principle, coin standard, coin standard is my very important core idea. I use the coin standard to open grids and earn coins.
I am Bitcoin standard. Although many people buy various altcoins, 96% of people ultimately cannot beat those who hoard Bitcoins. Therefore, my goal is to earn Bitcoin coins with the ups and downs of the market, especially to choose my varieties to earn Bitcoin. Open Bitcoin standard grid orders in a quantitative grid manner, so that my risk will be relatively low. If other coins rise relative to Bitcoin, I will sell them in batches to buy Bitcoin. If the market falls, I will sell Bitcoin to buy these coins (because Bitcoin will fall less relative to other coins).
Fourth principle: Combine long and short trading systems: for example, my long-term position is hoarding coins, and I will never do short-term high selling and low buying
My short-term positions use quantitative grids to automatically help me do high selling and low buying. Like the order below, the profit from grid high selling and low buying is about the same as the profit from the rise in my coin holdings.
Fifth principle: patience, ambush at low positions, hold coins patiently, and don't chase highs.
You must be patient. Valuable coins will definitely rise. It's just that there is a rotation of sectors. It is impossible to eat all the coins that have skyrocketed.
When the coins in your hand are still and you want to sell them to chase other coins, study the coins you bought, its team, business, track, official website, community (twitter, instegram), etc.
Don't sell out just because you waited too long and then it rose a little bit, as a result you waited so long but didn't eat its big rise
And as the saying goes, it is more difficult to guard coins than to guard a widow. The best way to hold coins is to open a grid, especially a coin standard grid, so that you can outperform hoarding coins and the risk is relatively low.
Sixth principle: You must think about your trading rhythm and trading cycle.
Many people watch the market every day, but they don't know what cycle they should be watching. If you look at the minute line, it will be a bull-bear conversion every minute, and the result will make you sleep poorly and eat poorly.
Generally speaking, look at the large cycle first, and then look at the small cycle.
If you are a long-term holder, look more at the weekly line, then the daily line, and the four-hour line, and occasionally look at the 1-hour and 30-minute lines, mainly as an opportunity to buy. Basically, don't look at the 1-minute and 5-minute lines. I used to make big mistakes and often looked at the 1-minute and 5-minute lines, and then I was worried about gains and losses. Short-term trading is likely to result in fewer and fewer coins. Many people can't even earn fiat currency, let alone increase the number of coins in their hands.
Look at the time cycle of the K-line, and decide the maximum holding time: 1 minute, tens of minutes; 5 minutes, several hours; 15 minutes, one or two days; 1 hour, several days. 4 hours, several weeks.
The basic principles of Dow Theory combined with the actual situation of the currency circle can be summarized in the following six points:
First, the average price encompasses and digests all factors. Fundamentals, policies, news, and funds can all affect supply and demand, and all of this will be directly reflected on the market, and the market will eventually digest and absorb it through price changes.
Second, the market has three trends. Dow divides trends into three categories: primary trends, secondary trends, and minor trends.
The primary trend is like the tide of the sea, which is a long-term trend, similar to the four seasons of the currency circle, and the cycle of bulls and bears has no beginning and no end.
The secondary trend is the waves in the tide, representing the retracement in the primary trend, generally retracing to the three important Fibonacci positions of 38%, 50%, and 62%. The minor trend is a ripple, referring to the subtle fluctuations, which are highly uncertain and change rapidly.
Third, the major trend can be divided into three stages. The first stage is the accumulation stage, similar to yin reaching its peak and yang rising, which means that the bear market is coming to an end. Although everyone is bearish, it has fallen to a point where it can fall, and the main force begins to absorb goods in batches at this time.
The second stage is the bull market offensive stage. Favorable news begins to appear, and most retail investors who know some technology begin to gradually enter the market, and prices begin to gradually rise.
The third stage is the climax sprint. At this time, major media began to report overwhelmingly good news and made bold predictions for the continued rise in prices. Retail investors actively bought, and no one wanted to sell, for fear of missing this once-in-a-lifetime opportunity to make money, but in fact, the main force that bought at the bottom had begun to ship.
Fourth, various average prices must verify each other. For example, the common gains of Bitcoin and mainstream currencies have exceeded the previous peak of the medium trend, then it can be called a large-scale bull market! Similarly, if the common losses of Bitcoin and mainstream currencies have broken the neckline position of the high-level shock stage in the bull market trend
Fifth, trading volume must verify the trend. Dow believes that volume ranks second in technical analysis. When the price is developing along the major trend, the trading volume should also increase accordingly.
Sixth, only after an unmistakable reversal signal has occurred can we judge that a given trend has ended. A major trend has inertia and will generally move in the main direction for a while, so you must wait until the trend confirms the reversal, such as the head and shoulders pattern confirming a break below the neckline to be considered a trend reversal.
Dow Theory is a macro technical analysis system, the purpose of which is to capture the largest part of the most important movement in the market, which is the most delicious middle part of the fish's belly.
Its advantage is that it is relatively successful in judging the major trend of bulls and bears, but its disadvantages are also obvious. The signal is usually more delayed. Generally speaking, it will miss 20%-25% of the profit margin.
Secrets of the currency circle, mastering one can start a life of wealth, one trick is really enough to eat all over the world.
I. The longer the horizontal trading, the higher the rise. The longer the horizontal, the higher the rise.
Horizontal trading and shock are the performance of bottom accumulation, the more chips are absorbed, the greater the ambition.
II. If it falls suddenly after horizontal trading, it must be a small fall, and it will rise after the fall. If it rises suddenly after horizontal trading, it must be a small rise, and it will fall after the rise.
The horizontal trading and potential accumulation stage, the shock is a strong accumulation stage. The way of expression is washing the market. Washing the market is rising and falling back and forth. It is simple and rude, but it works every time.
Third, if it doesn't make a new low, it will rise soon; if it doesn't make a new high, it's bad.
Not making a new low indicates that the main force has entered the market to continue buying, and the bottom is about to be seen. Not making a new high indicates that the dealer is secretly shipping, which is very bad.
Fourth, when the volume reaches the size of a sesame seed, it is bound to rise sharply if it is low, and it is bound to fall sharply if it is a head.
Sesame-sized volumes are all watching, no one is buying or selling, either they are all holding chips waiting for a rise, or the dealer has no chips waiting for a fall.
Fifth, after rising to the top and falling shallowly, explore again; after falling to the foot and rebounding, touch the foot again.
Exploring again is for the dealer to sell the goods that have not been sold, and touching the foot again is to collect the chips that have been shaken out at the bottom again.
Today, I will explain the asset allocation of the currency circle to protect the fruits of victory
Regarding asset allocation, most investors in the currency circle have concepts, but no specific practice. Many people speculate in coins, in fact, imitating Pixiu, funds only go in and not out, only seeing a steady stream of funds invested in the currency market, only having paper profits, but not taking out the profits, resulting in not making money in fact, although experiencing many rebounds, but ultimately being trapped.
The cryptocurrency market is volatile, and the market created by concepts and hype cannot last. The bull market is short and the bear market is long. If you cannot take profit and exit at high points in the middle, you will basically face: the money you earn by luck will be lost by strength.
Although there are some big players who have achieved financial freedom by holding digital currencies for a long time, they are all individual cases. Behind the individual cases, the silent majority is withdrawing sadly. For ordinary people, hoarding to death is not advisable, but rather to have a more detailed and clear asset allocation, with goals as the guidance.
Personal asset allocation in the currency circle, simply put, can be summarized into two focuses, one trading strategy, and one Nirvana Rebirth method:
Two focuses: position management + capital allocation;
Trading strategy: short, medium and long-term strategies;
Nirvana Rebirth Method: Clear and start again.
1. Capital allocation
Let's talk about capital allocation first. For personal investment, the capital can only be your available capital and idle capital, which will not affect your survival. Therefore, borrowing money, loans, and mortgage speculation in coins are all unacceptable. We are playing investment, not gambling with our lives.
In terms of capital allocation, based on the balance of risk and return, a sound capital allocation that can resist market risks must be a diversified allocation combination of low-risk, medium-risk, and high-risk products.
For the current investment targets on the financial market, they are classified according to risk preference as follows:
Low risk: cash, bank deposits, money funds, bonds
Medium risk: gold, funds, real estate
High risk: stocks, foreign exchange, digital currencies
In terms of capital allocation ratio, the differences among investors with various risk preferences are large:
Risk averse: low risk: 60%, medium risk 30%, high risk 10%
Conservative investors: low risk: 40%, medium risk 30%, high risk 30%
Risk appetite: low risk: 20%, medium risk 30%, high risk 50%
The essence of the currency market is high risk and the expected high returns brought by high risk. Therefore, for ordinary people, it is irrational to invest all available funds in the currency market without realizing the risks and returns of the currency market.
The financial market cannot be a unilateral market. Very few people can make money in the market. We need to reasonably allocate the flow of funds, especially in the currency market. Be cautious instead of blindly going all in.
2. Position management
After clarifying the allocation ratio of various risk assets, we can look at the position management of the currency market (taking 50% of available funds invested in the currency market as an example).
Position management in the currency market involves two aspects: one is the position level of cash utilization, and the other is the position management of specific digital currencies.
In terms of cash utilization, in non-obvious bull market conditions, the position level of conservative investors is as follows:
Cash: 30%
Digital assets: 50%
Liquid funds: 20%
Cash is used to wait for the trend market, and it is gradually used to increase the position when the trend market comes; the 50% digital asset position ratio is not a one-time purchase of the holding position ratio, but is achieved through fixed investment and batch increases in position based on the prediction of the market; 20% of the liquid funds are to respond to the short-term market and seize potential opportunities to buy. When the opportunity passes or the judgment is wrong, sell in time and outflow the proportion of liquid funds.
Specific to the position of digital currency, you can refer to the following position allocation:
BTC, ETH: 60%.
Platform currency: 20%, platform currencies of mainstream exchanges, such as HT, BNB, OKB.
Mainstream currency: 10%, which needs to meet two conditions: the daily trading volume ratio and the market value ranking ratio are both in the top 50.
Altcoins: 10%, to seize short-term opportunities.
Bitcoin and ETH, as the leaders in the market, occupy an absolute advantage in terms of market value, liquidity, and audience, and are must-have currencies.
In addition, mainstream exchange platform coins with stable profit models and user base are also must-have coins. Whether it is the mainstream coin market or the local altcoin market, platform coins will perform. As long as there is trading, the liquidity of platform coins is not a concern.
For the current currency market, it belongs to a unilateral market. Mainstream currencies move with the BTC market and do not have many independent market opportunities. They only have the characteristic of greater volatility when rising and falling together. Therefore, considering stability and profitability, a small amount of allocation is sufficient.
For most altcoins, there is only a short-term market, and there is no value and necessity for long-term holding. After these years of development, the era of altcoins telling stories is over. Blockchain projects without landing application scenarios and without technical uniqueness are basically not promising.
3. Trading strategy
Next is the trading strategy. Unless professional investors who are deliberately trained have a relatively complete trading strategy, ordinary people do not have a strategy idea. They confuse the concepts of short-term, medium-term, and long-term, and the position management of buying and selling, but blindly look for various methods and keep trying and making mistakes, but have not summarized and practiced a strategy suitable for themselves.
For trading strategies, simply put, one is a short, medium and long-term trading strategy, one is take profit and stop loss, and one is a buying strategy. Mastering these three points and learning and using them flexibly is enough.
Short, medium and long-term trading strategies, you need to distinguish each of your trades, whether it is short-term trading, medium-term trading or long-term trading.
Short-term: end the battle within 3 days to 2 weeks, at most about 1 month;
Mid-term: 2 weeks to 3 months, up to 6 months;
Long-term: more than 6 months.
According to the transaction at different times, it needs to be strictly implemented. Short-term trading generally pursues short-term market hotspots. When the market changes, it is necessary to exit at any time; the mid-term corresponds to the trend market. In this process, you can gradually build positions and increase positions; the long-term market corresponds to the large cycle and fixed investment strategy.
Regardless of short, medium, or long-term trading, the key to your profitability in the market is still buying low and selling high. Therefore, no matter what the market is, we need to take profit and stop loss in time to grasp the profit of each market stage.
Taking profit is actually not easy to calculate. It is better to deal with it flexibly according to your own expectations and the specific market conditions. Don't worry about selling too early and earning less money. Compared with losses, being able to make a profit has defeated the vast majority of investors in the market. After so many market conditions, everyone can actually find that it is not difficult to make a profit on paper, but it is difficult to take profit in time.
Stop loss is relatively easy to formulate a plan, but it is difficult to implement, especially when paranoia is on the head, when going against the trend, because of your emotions, you miss the opportunity to stop loss and get trapped, which is countless.
If you don't know how to stop loss, you can execute it according to the following method:
Short-term: loss within 20%, stop loss immediately if there is no result after buying. Short-term is to obtain short-term opportunities. If the judgment fails, stop loss immediately and do not delay trying to wait for the market to improve.
Mid-term: stop loss at one time within 30% loss. Because the mid-term position is not bought at one time, but in several times. Relatively speaking, the average price is almost the same as the cost of short-term 20% loss, or even less.
Long-term: about 30% loss, pay attention not to clearing the position, but to stop loss in batches, each time stopping loss is the profitable position built at the low position.
The buying strategy is not a one-time all-in operation, nor is it necessary to operate with a light position every time, but to distinguish buying based on whether the transaction is short-term, medium-term, or long-term.
Short-term: full position, since it is short-term, it is best to buy directly at one time, no need to wait, because the opportunity is fleeting.
Mid-term: buy in 1-3 times, the first time is a light position intervention, wait for the development of the market, after obvious signals appear, you can gradually increase the position.
Long-term: buy in batches, similar to a fixed investment strategy, to reduce the purchase cost through long-term continuous investment. When buying in batches, the space and time should be separated by some distance. You have already replenished your position several times if it drops by 5% or only a week. At least a space of more than 10% and a time of more than two weeks to a month. It is recommended to appropriately reduce the sensitivity to short-term ups and downs and slowly learn to operate large cycles.
4. Nirvana Rebirth Method
Finally, let’s talk about the Nirvana Rebirth method. In fact, it is very simple. No matter what reason leads to the current position, and no matter whether the account is profitable or loss, since the current result has been caused, it means that your previous methods and strategies were problematic. The only way to escape reality is: clear and start again.
To put it bluntly, sell all the digital currencies in your account and exchange them for stablecoins or cash, and then start again according to the various methods above. Be sure to invest rationally in each operation and have methods and strategies, so that there will be no previous baggage.
But this is actually the most difficult, which is equivalent to overturning and starting again, telling yourself that the past operations were all wrong, and admitting your failure.
There is also Nirvana Rebirth in a second sense. There can be no long-term thinking in the currency market, but to constantly clear the position and start again at high points or appropriate prices according to the market bull and bear cycle.
Otherwise, inevitably, it will be restricted by historical positions and operations. When you should stop loss, you are unwilling to stop loss, and when you should take profit, you are too greedy, which eventually leads to the money you earned being returned to the market. Only a steady stream of real money is invested in the currency circle, but no funds are taken out. This is completely a paradoxical market.
Of course, it does not mean to cut meat and start again now at a low position, but to have a sense of clearing. When you feel it is appropriate, urgent, or when the market rebounds to an appropriate opportunity, try this operation. After all, it is much easier to travel lightly than to travel with a heavy load.
Ten years of sharpening a sword, the above heartfelt words, may guide those who are destined and avoid detours. Speculating in coins is not difficult. I have never felt tired, but enjoy it, just like those gamers who play late at night, how can they say they are tired?
Strong recovery, assets doubled! Follow the nostalgia, layout in advance, and easily get huge profits!
Keep following: NEWT T
