脱口秀小企鹅

2023.11.20
1.6 The most important thing in investment is not to lose money
Is this nonsense? Yes and no. Oops, I seem to have said nonsense again.

How to avoid losing money? No loss is an investment strategy suitable for ordinary people, that is, bronze and silver players. The market cycle of the currency circle has the distinctive characteristics of bullish short and bearish long. As long as you don’t lose all your money, you will be able to wait for the silver and bronze games sooner or later. Wait until the silver and bronze games appear and then work hard. This is the way suitable for most ordinary people to get rich in this market. If you insist on taking the opposite approach, hahahaha, then when you are liquidated, I will build a leek hero monument for you.

2023.11.03
1.5.1 Difficulty of distinguishing market trends 2
​​​The difficulty levels between King and Bronze are Silver, Gold, Platinum, and Diamond. Each level up requires you to master one more key trading skill.
Silver market is very common in bull market, especially in altcoins. The characteristic is two steps forward and one step back. Occasionally, there is a sharp drop to clear the ultra-high leverage. After clearing, it will go back to a new high within two days. Silver market requires you to understand basic trading techniques and know how to read K-line. Don't blindly chase new highs and add positions, or blindly sell at a loss. You also need to set stop-profit and stop-loss, and know the cooling-off period. Learn to look at the large-scale K-line, don't stare at it for a minute all day, and be able to play Yang Wei. I have a brother who got Yang Wei this way. Looking at ultra-small-level K-lines is one of the obvious characteristics of gambling. Small levels will provide instant feedback like scratch cards, which is particularly prone to mentality problems. The overall silver market is in line with human nature and is a simple market that conforms to human nature. The silver market requires you to have simple trading disciplines at the beginning, such as a cooling-off period, and a fixed percentage of the full position when the high point retreats, such as 15%, 30%, or other proportions, and then stop for three days. This can help you avoid the knife when the market switches from silver to gold. Compared with the bronze market, the higher the difficulty of the market, the lower the leverage needs to be. Learn position management, and the same applies to the following other difficulties.

2023.11.02
1.5 Difficulty in distinguishing market conditions
Last year, I wrote a long Weibo post, which said that the difficulty of the Crypto market is constantly changing. When it is easy, anyone can make money, but when it is difficult, everyone loses money. We use a standard to classify the market difficulty and the level of participating players, and divide them into King, Diamond, Platinum, Gold, Silver and Bronze in the form of King of Glory. Sometimes in the market, a difficulty level lasts for several months, and sometimes it changes direction in half a month. Although you cannot change the difficulty of the market, you can have an idea of ​​the difficulty of the market, know your level, and know what kind of market you should not participate in. I beg you to stop sending me.

2023.11.01
1.4 What does investment mean to you?
For me, investing is my way of understanding the world.
A friend of mine who likes to watch football told me that it is boring to just watch football. Only when you place a bet, the ups and downs of your mood when watching the game will be exciting and maximize the effect of the show. For me, investment is somewhat similar to this. The modern financial system sets prices for almost all physical and abstract resources in the world based on the theory of supply and demand, and can be traded in the secondary market. In the financial market, you can bet based on your own views on a thing, and the market will eventually use numbers to prove whether you are right or wrong. I am actually a bit serious about right and wrong, so this is a perfect match.

2023.10.31
1.3 Distinguishing between investment, speculation and gambling
I believe everyone is familiar with the concepts of investment, speculation and gambling. In the financial market, these three things are not completely opposite in concept, but three points on the same coordinate axis. Their boundaries sometimes become blurred and ambiguous, making it difficult for investors who are new to the market to identify them, making them confused and misguided, and eventually causing serious losses.
Let's take an example. For example, if the same full position 3x leverage contract transaction is betting on the short-term upward movement of Bitcoin at 2wu, it may be a speculative transaction with a relatively good profit and loss if there are technical reasons for bullishness and reasonable and scientific stop loss. But if there is a sudden market news that changes the fundamentals and hits the price to 1.9wu, you just withdrew the stop loss, and frequently covered the position before the decline stopped in an attempt to lower the cost. The more you cover, the lower the price will be. In the process of covering the position, the three times leverage is increased to 20 times. This speculative transaction has become a gamble. If the same 3x long position of 2wu is suddenly driven to 3wu by a piece of news, hitting your cost area, you find that the full position has more than doubled, and there is no sign of the upward trend stopping. At this time, you cancel the stop profit, move up a wave of stop loss, and prepare to hold it for a long time. Looking back a few months later, you find that you have copied the bottom. At this time, this speculative transaction has turned into an investment. To give another example, Zhang San bought all of Bitcoin in 2wu spot, which looked like a healthy investment with low-level spot layout and no leverage. However, Zhang San's actual source of funds was loans + online loans. At this point, everyone can see that the coordinate axis has tilted again, and the nature of this transaction has obviously become gambling.