$BTC #新手必学

Common money-losing operations

Let’s talk briefly about how novices should trade cryptocurrencies. Here are some common ways novices lose money:

  1. When you see that the coin is rising, you buy some, and when it is falling, you sell it. The end result is that the principal becomes less and less.

  2. Then I saw the contract leverage and thought that I could earn back the principal with just one opening. However, I did not control the stop loss and my position was liquidated.

  3. I saw some bloggers make dozens of times profit in 7 days, and then I followed their orders without thinking, and I got back the money I want after one order.

  4. I saw coins with very low value and thought there was a lot of room for growth, so I bought a lot of them, and then they were taken off the shelves.

  5. I heard others say that they took advantage of airdrops in the primary market and used their money to buy coins, but in the end they found that both their time and money were gone.

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Correct Operation

So, as a novice, what should we do to protect our capital while having a certain probability of getting rich?

  1. When you first get involved in the cryptocurrency world, spend a few days getting familiar with the operation of the software, learning some common knowledge about the cryptocurrency world, knowing what the K-line chart is, and being able to basically understand it.

  2. The principal always comes first, no matter you have tens of thousands or hundreds of thousands of dollars, only by protecting the principal can you have the opportunity to get rich quickly, otherwise everything is just castles in the air.

  3. More than 70% of the principal is mainly spot trading, mostly BTC and ETH, and a small part can be invested in some altcoins for short-term buying and selling operations. About 5% of the funds can be used for contract operations. Don't open too high a multiple, 5-10 times for small funds is enough. About 20% can be saved in the form of legal currency, which can be used as contract margin. Don't think that you can't make much money by opening a small leverage of dozens of U. You have to remember that contracts are used to make money. But the premise of making money is to keep the principal.

  4. Don't invest your money casually just because you see some opinions on the square, because you don't know whether the information is true or false. No matter what others say about investing, whether they say they will lose money or make money, please think carefully before investing. The money is yours, not someone else's.

  5. You can read and learn from many bloggers' articles, but don't copy them mechanically. Behind every coin in the cryptocurrency circle is basically a project or capital. Although the price fluctuations in the cryptocurrency circle are related to news to a certain extent, the most important relationship is the relationship between capital and coins. Therefore, the price changes of many coins do not conform to the so-called rules and regulations. In the cryptocurrency circle, money is the rule and regulation. As long as you have enough money, you can pull up or smash the market at will. $