Many fans have mentioned that when they first start playing, they don't know how to operate.
When you just come in, the capital is less than 1000U, and you ask me for good strategies. Today, I will share my suggestions.
For example, if you have 1000U, divide it into 10 parts, and invest 100U each time, with a recommended leverage of 20X. Newcomers find it hard to control their mindset with too high a multiple. Keep the remaining 900U in the financial account. If you lose 100U, you must not think about adding more funds.
If you lose everything, the first thing you need to do is reflect and summarize, then take a break for 1-2 days. Don't be afraid to miss out on market opportunities; Bitcoin's fluctuations are always there. There are significant fluctuations every month, and whether you have the opportunity to play depends on your luck.
Once you adjust well, you can divide the remaining 900U by 10 to make each part 90U, and then invest again. This time, you need to be more careful to try to earn this money back. Suppose you earn 300U this time; you will keep 100U and transfer all of the remaining 200U out. This way, you will feel more secure, and your mindset will improve a lot. Do not invest everything at once; if a black swan event occurs in the market, you will lose everything in one go. You will be starting over.
Objectively speaking, when doing contract trading, just open 10X. If your direction is wrong and it drops 10%, you will be liquidated. Even for BTC, a 20% fluctuation in a year is very normal. If you are fully invested every time, then no matter how much you earn before, it will be meaningless; in the end, it will all go to zero. Walking by the river often, no one can guarantee that they will be right every time.
A great trader with a 60% success rate is already impressive. Therefore, position management is very important. Even if you have a 90% win rate, one mistake can lead to irreversible consequences.
Experienced in the crypto world, sharing freely; feel free to click on my avatar to find me for consultation.