This article explores whether it is feasible for ordinary people to work full-time in the currency circle
If you want to work in the currency circle full-time, you should first look at your positioning. As a newcomer, the risks in the currency circle full-time are basically greater than the opportunities. I don't recommend it.
There are several paths that can be taken in the currency circle.
1. Analyze information every day, build your own community, and then use your popularity to monetize, such as cooperating with the project party to issue ido, or helping the project party advertise and get low-price chips.
2. Becoming a professional professional trader is a difficult path. Although the threshold is low, it requires experience and psychological training. In addition to making money through your own trading, you can also open follow-up orders and let others follow you and make profits. You can raise some points.
3. Specialize in the band on the chain, specialize in popular currencies to go to the band, and make a few simple models, such as buying the bottom of the big drop of the popular currency, increasing the volume, the band of the White Horse Pool, etc., with high returns and fault tolerance. The rate is also high, but it takes effort to screen and keep an eye on the market.
4. Be a technician and develop scripts and software. You can sell software and scripts to make money, and you can also help yourself with airdrops and track big investors. The easiest person to be small and broad in the currency circle is the technical one.
5. Specializing in various airdrops requires energy and gas costs. It is cost-effective, but relatively boring, and the airdrop cycle is relatively long.
Combining your own abilities and interests, you can try multiple channels at the same time. Don't just do transactions by yourself. The risk is too high and it will be difficult to survive when the market is bad. As long as you survive, the currency circle will always allow you to see opportunities.
In addition, I would like to give some suggestions to those who really want to trade in the currency circle full-time:
1. If you are a good person, you must be confident about yourself. Don’t have the mentality of getting rich suddenly and try and make mistakes with a small amount of money: many people have a miserable life in reality, and they don’t even know how to calculate their positions. If you can get tens of thousands in one go by betting on dogs, and open a shuttle with 10 times leverage on all positions, how can you have a good mentality? If these people don’t lose, who will lose? Take out all the money that you won’t feel bad about if you lose all; or take out your risk-free profits and divide them into several or dozens of shares to learn from the market; it can be hundreds or thousands to pay for tuition.
2. Even if the funds are small, you must have risk control, strictly implement strategies, and develop good habits. The maximum retracement for a single trade is 2~3%, and the maximum is 5%; if you don’t have the habit of admitting your mistakes, if your position becomes larger in the future and encounters the event of 312 519 Luna returning to zero, you will be doomed.
3. If you make a small amount of money, you should withdraw it in cash, keep it for future tuition, and then continue playing with hundreds or thousands; if you lose, continue to add some pocket money/risk-free profit. Coupled with risk control, even for a few hundred yuan, you can play for a long time, accumulate considerable experience without spending much money, and have a better understanding of your own ability level.
4. When your trading account can survive for half a year without continuing to charge money, and has a certain profit and a good capital curve, then consider enlarging the position by 2 to 3 times. After experiencing 3 rounds of such tests, you can then consider whether to take a large position and come to the currency circle to trade full-time.
It is estimated that this process will make many people very painful and confused. They will realize that they are not good at trading and eventually give up on this path of gambling. But this is a good thing. Once you do trading, you will be successful, and the bosses who treat the second level as cash machines climbed up by stepping on a pile of human corpses. The difficulty of succeeding in trading is not as difficult as getting into a prestigious school or entering a big factory in reality. , it is easy to get promoted and get a salary increase; in the end, if you get obsessed with the thrill of stud and ruin your life, it will really be more than worth the gain. If you want to succeed in subjective trading, the opportunity cost you have to pay is too high. If you don't have absolute confidence and courage, and you will be beaten to death by the K-line every day, it is really not as good as yours to be more diligent and run more takeaways, which will also cost you a lot of errands.