BabyMain Cryptocurrency Trading Words, Must Read and Collect, Full of Valuable Information!
First point, if you have 1 million, and you double it to become 2 million, but if you lose half, you return to square one. So, losing money is much easier than making money.
Second point, if you make 10% on the first day, your assets become 1.1 million, and on the second day you lose 10%, returning to 990,000. The reverse is true as well; if you lose first and then gain, the result is still 990,000. In the long run, gains and losses offset each other, resulting in wasted effort.
Third point, if you earn 40% in the first year and lose 20% in the second year, after six years of this, your assets will only be over 1.4 million, with an annualized return of 5.83%, which is even worse than government bonds.
Fourth point, with a principal of 1 million, if you earn 1% daily, after 250 days your assets will multiply by over ten times, and after 500 days it could exceed 100 million.
Fifth point, consistently earning twice a year for five years will send your assets skyrocketing, but such fortune is not easily encountered.
Sixth point, if you want your assets to reach tens of millions in 10 years, hundreds of millions in 20 years, and billions in 30 years, your annualized return must exceed 25%.
Seventh point, buying 10,000 coins for 10 dollars, and then buying another 10,000 when it drops to 5 dollars, the average cost is not 7.5 dollars, but 6.67 dollars.
Eighth point, with a 1 million investment, if you earn 10% and sell half, leaving 100,000 as base capital, the cost is gone, and you won’t panic over future fluctuations.
Ninth point, if you have strong confidence in a certain coin, keep 200,000 as base capital to earn more, but if it drops by half, you might still lose money.
Tenth point, significant drops are a test for good coins. If the market crashes and your coin only dips slightly, it means big players are supporting it; hold on tight, and there is definitely profit to be made.
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Recently, I plan to position myself with a potential coin that is ready for a big surge, doubling it is quite simple. At the same time, I'm looking for some potential coins to hold until the end of the year, with an expected growth of over 10 times being no problem. If you want to follow along, pay attention, and I will share without charge.
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