Rich experience in the currency circle. You can ask any questions. See the signature on the homepage.
100,000: Is this what you think of 10 million?
You may think that the currency circle is like this: you take out one million yuan, sit back and wait for a few years, and suddenly one day you check your account, wow, 50 million yuan, and you become a rich man instantly!
But the real currency circle is: you invest one million yuan in the market, and wake up the next day to find that you only have 400,000 yuan left. From the day you bought it, you will have sleepless nights every night, often waking up to check the price trend on the mobile app because you are worried about the market trend. After a year, the value of your currency fluctuates between 100,000 and 400,000. You make up your mind that once it rebounds to 500,000, you will sell it even if there is a floating loss.
In the following years, the market began to prosper, and your coins finally rose to 1 million. You recall your past experience and believe that the market will inevitably correct to 800,000, so you decide to sell 1 million coins and prepare to buy again at 800,000 to earn a profit of 200,000. After several successful short-term transactions, you have really made a fortune. But when the price rises to 1.2 million again, you start to worry about missing the opportunity to get on the bus, so you decide to use the 1 million you sold to buy again, but this time the number of coins bought is reduced.
Later, the market price falls back to 900,000, and you begin to regret it and decide to trade again. You observe the market and the price slowly rises to 1.5 million. You finally make money after waiting for a whole year. You decide to sell the currency and check your account. The annualized return is an astonishing 30%. You proudly feel that you are better than Buffett, and even begin to doubt Buffett's investment ability.
Stud, full position, cut off the stock, chase the rise and kill the fall, these are the typical operations of a novice investor. As for those experienced old investors, their coins and assets gradually decreased at the beginning, but now they are getting richer and richer. However, they rarely enjoy the opportunity to triple or quintuple their assets again. 2
