8 Years of Experience Sharing in Cryptocurrency: How to Manage Positions Well
Dear friends, whether you are a novice in the cryptocurrency world or a seasoned player who has been through ups and downs for a while, you cannot miss this experience sharing. Today, I will take you deep into two highly practical position management methods to help everyone maintain an undefeated position amidst the ever-changing cryptocurrency landscape. These methods not only allow your investments to be more stable but also effectively reduce risks and achieve stable profits. Be sure to save this, as you might find it useful one day.
1. Buy in batches, do not spend all at once
· Do not spend all your bullets at once; buy in batches. This can effectively average the cost and reduce the psychological pressure after a one-time purchase.
2. Average the cost in batches
· Divide the funds into several parts; when you are unsure about the bottom, buying in batches is the most suitable method to average the cost price. You can specifically divide into three or five parts and gradually buy according to the market situation.
3. Flexibly handle additional purchases
· The bottom for additional purchases should be handled flexibly according to market changes; do not add too frequently, as it may negatively affect the average coin price. You can adopt methods of advancing 20%, 30%, or 50%, suitable for aggressive investors who are keen on bottom fishing.
4. Start with a small amount of initial investment, gradually increase positions
· Start with a relatively small amount of initial investment. If the coin price does not rise and continues to fall after purchase, gradually increase the position in the future, with an increasing proportion, thus averaging the cost. This method has a lower initial risk; the higher the funnel, the more considerable the profit.
Today's key focus: WCT AAVE COW
Brothers, the candlestick chart you want will be drawn by me, VV. Like and follow not to get lost.
