Strictly adhere to these two iron rules, if you can't make money, consider it my loss!
"99% of people don't understand position management at all, and deserve to be cut!"
Do you often hear big players say "go all in" or "double down", only to find yourself stuck as soon as you enter the market?
The ultimate secret of turning small funds into larger ones is not by gambling, but by "mechanical harvesting"!
1. Position Management: Your funds are not meant for all-in betting!
10,000 USDT directly all in? Then you are no different from a gambler! A true expert will divide the money into 5-6 "magazines", for example, using only 20,000 USDT each time to enter the market.
Why?
If the coin price drops by 10%, you still have ammunition to average down!
If the coin price rises by 10%, you can directly harvest profits, absolutely no missed opportunities!
The most ruthless part is: even if you encounter a black swan and the price drops by 50%, you still have chips to buy the dip, while others have already been liquidated and are crying!
What if the 10% volatility is too large, and you can't wait for a buying or selling point?
The ultimate solution:
Choosing the right coins is key! Only play with valuable coins like BTC, ETH, BNB, etc.
Put idle funds into Binance Wealth Management!
While waiting for opportunities, your money is still earning interest, getting free annualized returns of 5%+!
Adjust volatility to 5%-7%! Small funds can narrow the range, double the frequency, and profit even more!
If you didn't calculate the position ratio correctly, or if you arbitrarily changed trading discipline
Are you afraid to average down when it drops? You directly miss the opportunity to lower your cost!
Are you greedy and don’t sell when it rises? The next second, a waterfall will teach you a lesson!
Remember: In this market, surviving longer is 100 times more important than making quick profits! With the strategy of position management + compound interest, you may not get rich overnight, but you will definitely steadily outperform 90% of people!