In the field of cryptocurrency, which is full of opportunities and risks, the bull market should be the golden period for harvesting wealth. However, surprisingly, 99% of people find it difficult to really make money in the bull market. What is the secret behind this? In fact, it is not that they are unlucky, but that they do not really understand the operating rules of the cryptocurrency circle. Today, a senior veteran trader will unveil the mysterious veil of the cryptocurrency circle for us and summarize 9 major survival rules. These valuable experiences are only said once, but they are worth remembering for a lifetime.
The cycle of ups and downs is about compound interest, not a wave of market trends
The price trend of the cryptocurrency market is like a turbulent sea, with ups and downs being the norm. Many people tend to only focus on the current market trend, fantasizing about getting rich overnight, but ignoring the powerful force of compound interest. For example, suppose an investment strategy is to make 40% profit each time and then drop 20%, and repeat this cycle for 6 years. On the surface, each operation seems to be profitable, which feels good. However, after professional calculations, the actual annualized rate of return in this case is only 5.8%, which is not even better than the return of government bonds. This fully shows that in the cryptocurrency market, if you only pursue short-term single returns without paying attention to the accumulation of compound interest, it is difficult to achieve a substantial increase in assets. Real masters know how to achieve compound growth of assets through reasonable strategies in the cycle of ups and downs. This is the key to long-term survival and profit in the cryptocurrency market.
1% a day can make you take off
In the cryptocurrency world, there is a seemingly crazy but mathematically verified fact: if you can achieve a 1% return every day, then after 250 trading days, the assets will magically double 12 times; and after 500 trading days, the assets will soar to 140 million. This data is undoubtedly very attractive, but the key lies in the three words "stable". In actual operation, it is not easy to achieve a stable profit of 1% every day. The market in the cryptocurrency world is changing rapidly and is full of uncertainties and risks. However, this also provides us with a revelation, that is, in cryptocurrency investment, stable income growth is more important than short-term profiteering. We should pursue a sustainable and stable profit model, rather than blindly pursuing high-risk short-term opportunities to get rich. Only in this way can we achieve steady growth of assets in the cryptocurrency world and ultimately achieve a leap in wealth.
200% annualized is not as good as 25% annualized for ten years
In the world of cryptocurrency, which is full of temptations, many people dream of getting a super high annualized rate of return, such as 200% annualized. However, the reality is cruel, and it is almost impossible to maintain such a high rate of return. In comparison, although the annualized rate of 25.89% may seem insignificant, if it can last for 30 years, its power will be beyond imagination. Assuming that the initial capital is 1 million, after 30 years of compound interest growth, this amount of money will magically become 1 billion. This is the great charm of compound interest, which is like a snowball, rolling bigger and bigger over time. In cryptocurrency investment, we should not be confused by short-term high returns, but should pay more attention to the stability and sustainability of returns. Only by choosing an investment strategy that can achieve long-term stable profits and sticking to it can we truly achieve the accumulation and appreciation of wealth.
Don't blindly cover your position, knowing how to flatten is the best way
In the process of cryptocurrency investment, when the price of the currency we bought falls, many people think of covering their positions first, trying to recover losses by reducing costs. However, covering positions is not simply buying again, and there is an important lesson in it. For example, when we buy 10,000 coins at a price of 10 yuan, and then buy another 10,000 coins when the price drops to 5 yuan, our cost at this time is not the intuitive (10 + 5) ÷ 2 = 7.5 yuan, but 6.67 yuan calculated by professional calculation. This shows that if you do not understand the principle of covering positions and the correct calculation method, blindly covering positions may not only fail to achieve the purpose of reducing costs, but will put yourself in a deeper predicament. Therefore, in cryptocurrency investment, we must learn the correct method of spreading costs, and carefully carry out covering operations according to market conditions and our own investment strategies to avoid greater losses caused by blindly covering positions.
After making a profit, you should reduce your position and lock in the profit so that you can go into battle with ease.
In the cryptocurrency world, when our investment is profitable, we often fall into a dilemma: we want to continue holding to get more benefits, but we are also worried that the market will suddenly reverse and cause profit taking. At this time, a wise strategy is to reduce the position after making a profit to lock in the profit. Specifically, it is to recover the cost first, and then hold the remaining part for a long time. The advantage of doing this is that we have ensured the safety of the principal, and even if there are adverse changes in the subsequent market, there will be no loss to our principal, so that we can go into battle lightly and deal with market fluctuations more calmly. For example, when we buy a certain digital currency and the price rises by 50%, we can sell part of it first, lock in the principal and part of the profit, and continue to hold the rest to pursue higher returns. This "eat meat without taking risks" strategy allows us to better balance risks and benefits in cryptocurrency investment and avoid the ultimate loss caused by greed.
Don’t be superstitious about the “stories” of successful people
In the cryptocurrency world, we often hear stories of all kinds of successful people. Their wealth legends are often exciting and yearning. However, we must be aware that people often take results as causes. The success of these successful people may be the result of the combined effect of multiple factors, not just the "truths" they tell. We cannot blindly believe that the experience and methods they share must be applicable to ourselves just because they succeeded. In cryptocurrency investment, we need to have our own independent thinking and judgment ability, and we cannot blindly believe in the success stories of others. We must deeply analyze the nature and laws of the market, combine our own actual situation, and formulate an investment strategy that suits us. Only in this way can we avoid falling into the trap of cause and effect mismatch and make correct investment decisions in the cryptocurrency world.
Don't follow the crowd, make money by doing the opposite
The cryptocurrency market is full of enthusiasm and bandwagon-following phenomena. When a certain hot spot appears, it often attracts a large number of investors to flock in. However, those who can really make money in the cryptocurrency market are often those who can keep calm and not follow the crowd. When others are frantically chasing the hot dog coins, we might as well keep a clear head and choose to hoard mainstream digital currencies such as BTC. Historical experience has proved that if you insist on holding mainstream currencies such as BTC for a long time, after 10 years, the benefits will far exceed all short-term speculation fantasies. This is because mainstream digital currencies have stronger value support and stability, while short-term hot speculation is often just a flash in the pan, full of uncertainty and risk. In cryptocurrency investment, we must dare to go against market sentiment, not be swayed by the enthusiasm of the public, and through independent thinking and rational judgment, seize opportunities that are truly worth investing in order to succeed in this market.
Make the difference, don't do the majority of things
In the complex and ever-changing market of the cryptocurrency circle, if you want to stand out and gain wealth, you need to have a different way of thinking and action. We must learn to stay calm in the noise and take the initiative in the dullness. When others think a certain field is boring and ignore it, we might as well study it in depth, perhaps there are huge investment opportunities hidden here. For example, when most investors focus on popular digital currency transactions, some people focus on studying the application of blockchain technology in specific industries, thereby discovering some potential projects, laying out in advance, and finally getting rich returns. This shows that in cryptocurrency investment, we cannot blindly follow the footsteps of most people, but we must look for differences that are ignored by the market and tap into the value in them to achieve unique wealth growth.
The core is just one sentence: You insist on doing what others don't do. You are determined not to do what others do.
To sum up, the core of the iron law of survival in the cryptocurrency circle can be summarized in one sentence: You insist on doing what others don't do. You resolutely don't do what others do. There is no perpetual motion machine in the cryptocurrency circle. If you want to succeed in this market, you must follow the anti-human discipline. In the process of cryptocurrency investment, we will face various temptations and challenges. Only by overcoming the weaknesses of human nature and adhering to our own principles and strategies can we survive those difficult "lonely periods" and finally deserve to enjoy the joy of "getting rich". Whether it is the pursuit of compound growth, stable income, or avoiding blindly following the trend and correctly handling profits and losses, we need to keep a clear mind at all times and strictly abide by these iron laws of survival. Only in this way can we move forward steadily in the cryptocurrency market full of risks and opportunities and achieve our wealth goals.
In the field of cryptocurrency, which is full of opportunities and risks, the bull market should be the golden period for harvesting wealth. However, surprisingly, 99% of people find it difficult to really make money in the bull market. What is the secret behind this? In fact, it is not that they are unlucky, but that they do not really understand the operating rules of the cryptocurrency circle. Today, a senior veteran trader will unveil the mysterious veil of the cryptocurrency circle for us and summarize 9 major survival rules. These valuable experiences are only said once, but they are worth remembering for a lifetime.
The cycle of ups and downs is about compound interest, not a wave of market trends
The price trend of the cryptocurrency market is like a turbulent sea, with ups and downs being the norm. Many people tend to only focus on the current market trend, fantasizing about getting rich overnight, but ignoring the powerful force of compound interest. For example, suppose an investment strategy is to make 40% profit each time and then drop 20%, and repeat this cycle for 6 years. On the surface, each operation seems to be profitable, which feels good. However, after professional calculations, the actual annualized rate of return in this case is only 5.8%, which is not even better than the return of government bonds. This fully shows that in the cryptocurrency market, if you only pursue short-term single returns without paying attention to the accumulation of compound interest, it is difficult to achieve a substantial increase in assets. Real masters know how to achieve compound growth of assets through reasonable strategies in the cycle of ups and downs. This is the key to long-term survival and profit in the cryptocurrency market.
1% a day can make you take off
In the cryptocurrency world, there is a seemingly crazy but mathematically verified fact: if you can achieve a 1% return every day, then after 250 trading days, the assets will magically double 12 times; and after 500 trading days, the assets will soar to 140 million. This data is undoubtedly very attractive, but the key lies in the three words "stable". In actual operation, it is not easy to achieve a stable profit of 1% every day. The market in the cryptocurrency world is changing rapidly and is full of uncertainties and risks. However, this also provides us with a revelation, that is, in cryptocurrency investment, stable income growth is more important than short-term profiteering. We should pursue a sustainable and stable profit model, rather than blindly pursuing high-risk short-term opportunities to get rich. Only in this way can we achieve steady growth of assets in the cryptocurrency world and ultimately achieve a leap in wealth.
200% annualized is not as good as 25% annualized for ten years
In the world of cryptocurrency, which is full of temptations, many people dream of getting a super high annualized rate of return, such as 200% annualized. However, the reality is cruel, and it is almost impossible to maintain such a high rate of return. In comparison, although the annualized rate of 25.89% may seem insignificant, if it can last for 30 years, its power will be beyond imagination. Assuming that the initial capital is 1 million, after 30 years of compound interest growth, this amount of money will magically become 1 billion. This is the great charm of compound interest, which is like a snowball, rolling bigger and bigger over time. In cryptocurrency investment, we should not be confused by short-term high returns, but should pay more attention to the stability and sustainability of returns. Only by choosing an investment strategy that can achieve long-term stable profits and sticking to it can we truly achieve the accumulation and appreciation of wealth.
Don't blindly cover your position, knowing how to flatten is the best way
In the process of cryptocurrency investment, when the price of the currency we bought falls, many people think of covering their positions first, trying to recover losses by reducing costs. However, covering positions is not simply buying again, and there is an important lesson in it. For example, when we buy 10,000 coins at a price of 10 yuan, and then buy another 10,000 coins when the price drops to 5 yuan, our cost at this time is not the intuitive (10 + 5) ÷ 2 = 7.5 yuan, but 6.67 yuan calculated by professional calculation. This shows that if you do not understand the principle of covering positions and the correct calculation method, blindly covering positions may not only fail to achieve the purpose of reducing costs, but will put yourself in a deeper predicament. Therefore, in cryptocurrency investment, we must learn the correct method of spreading costs, and carefully carry out covering operations according to market conditions and our own investment strategies to avoid greater losses caused by blindly covering positions.
After making a profit, you should reduce your position and lock in the profit so that you can go into battle with ease.
In the cryptocurrency world, when our investment is profitable, we often fall into a dilemma: we want to continue holding to get more benefits, but we are also worried that the market will suddenly reverse and cause profit taking. At this time, a wise strategy is to reduce the position after making a profit to lock in the profit. Specifically, it is to recover the cost first, and then hold the remaining part for a long time. The advantage of doing this is that we have ensured the safety of the principal, and even if there are adverse changes in the subsequent market, there will be no loss to our principal, so that we can go into battle lightly and deal with market fluctuations more calmly. For example, when we buy a certain digital currency and the price rises by 50%, we can sell part of it first, lock in the principal and part of the profit, and continue to hold the rest to pursue higher returns. This "eat meat without taking risks" strategy allows us to better balance risks and benefits in cryptocurrency investment and avoid the ultimate loss caused by greed.
Don’t be superstitious about the “stories” of successful people
In the cryptocurrency world, we often hear stories of all kinds of successful people. Their wealth legends are often exciting and yearning. However, we must be aware that people often take results as causes. The success of these successful people may be the result of the combined effect of multiple factors, not just the "truths" they tell. We cannot blindly believe that the experience and methods they share must be applicable to ourselves just because they succeeded. In cryptocurrency investment, we need to have our own independent thinking and judgment ability, and we cannot blindly believe in the success stories of others. We must deeply analyze the nature and laws of the market, combine our own actual situation, and formulate an investment strategy that suits us. Only in this way can we avoid falling into the trap of cause and effect mismatch and make correct investment decisions in the cryptocurrency world.
Don't follow the crowd, make money by doing the opposite
The cryptocurrency market is full of enthusiasm and bandwagon-following phenomena. When a certain hot spot appears, it often attracts a large number of investors to flock in. However, those who can really make money in the cryptocurrency market are often those who can keep calm and not follow the crowd. When others are frantically chasing the hot dog coins, we might as well keep a clear head and choose to hoard mainstream digital currencies such as BTC. Historical experience has proved that if you insist on holding mainstream currencies such as BTC for a long time, after 10 years, the benefits will far exceed all short-term speculation fantasies. This is because mainstream digital currencies have stronger value support and stability, while short-term hot speculation is often just a flash in the pan, full of uncertainty and risk. In cryptocurrency investment, we must dare to go against market sentiment, not be swayed by the enthusiasm of the public, and through independent thinking and rational judgment, seize opportunities that are truly worth investing in order to succeed in this market.
Make the difference, don't do the majority of things
In the complex and ever-changing market of the cryptocurrency circle, if you want to stand out and gain wealth, you need to have a different way of thinking and action. We must learn to stay calm in the noise and take the initiative in the dullness. When others think a certain field is boring and ignore it, we might as well study it in depth, perhaps there are huge investment opportunities hidden here. For example, when most investors focus on popular digital currency transactions, some people focus on studying the application of blockchain technology in specific industries, thereby discovering some potential projects, laying out in advance, and finally getting rich returns. This shows that in cryptocurrency investment, we cannot blindly follow the footsteps of most people, but we must look for differences that are ignored by the market and tap into the value in them to achieve unique wealth growth.
The core is just one sentence: You insist on doing what others don't do. You are determined not to do what others do.
To sum up, the core of the iron law of survival in the cryptocurrency circle can be summarized in one sentence: You insist on doing what others don't do. You resolutely don't do what others do. There is no perpetual motion machine in the cryptocurrency circle. If you want to succeed in this market, you must follow anti-human discipline. In the process of cryptocurrency investment, we will face various temptations and challenges. Only by overcoming the weaknesses of human nature and adhering to our own principles and strategies can we survive those difficult "lonely periods" and finally deserve to enjoy the joy of "getting rich". Whether it is the pursuit of compound growth, stable income, or avoiding blindly following the trend and correctly handling profits and losses, we need to keep a clear head at all times and strictly abide by these iron laws of survival. Only in this way can we move forward steadily in the cryptocurrency market full of risks and opportunities and achieve our wealth goals. #以太坊走势 #BTC走势分析 #牛市进行中… $BTC $ETH $BNB
