I have grown from a capital of 100,000 to almost 2 million, mainly relying on spot money, but today I want to say something different from others, the heartfelt words of an old leek who has traveled through bulls and bears.

My principal is 100,000, and now it is about 168,000. This is because of the recent retracement. At the beginning of the month, the total assets in the currency circle were a little more than 200.

But why many people can't make money? Because many people come here to be du, but it shouldn't be like this.

You should first ensure that the funds are safe enough and make a safety cushion, that is, after gradually accumulating profits, you can take some radical risks with the profits.

The most practical way to put a good safety cushion is to reduce the initial opening position: only take 1% of the position to play at the beginning. For example, if your total position is 10 million, you only use 100,000 to play; first, ensure the ultimate level of funds. Safety, and then accumulate profits through this position.

In the first year of their trading, most successful traders basically accumulated profits and used safety cushions, and then gradually relied on profits to become aggressive in their operations. After that, their funds increased by 120%.

Making money in the currency circle is actually very simple, as long as you can do it without losing money.

Most people think that this statement is nonsense and is always correct. In fact, these people do not understand odds, let alone how to make money from odds.

The basis for making money is to first not lose money; the core of not losing money is to protect your principal from risks; if there are risk-free profits and cash flow, then the principal will naturally not be subject to risks; use risk-free profits and Cash flow comes and goes relatively aggressively. If you make money, you will naturally make money without taking risks on your principal.

Therefore, the core of making money without losing money is how to use risk-free profits and cash flow? Or how to make risk-free profits and cash flow?

For example: you can use part of the real financial management income to compete in the currency circle, you can use part of the income from arbitrage to compete, you can use the premium earned from the cash flow strategy of options to compete, and you can use part of the profit from staking. Go fight.

Essentially a barbell strategy.

Many people have wrong perceptions of risk and profit. They think that how much risk corresponds to how much profit is actually not the case.

There are many levels of du. Some people can take lower risks to gain considerable profits, but some people take the greatest risks and end up making a fool of themselves.

To put it simply, du and du are different. Depending on the cognition and ability of different people, du also looks different:

The first level: take the biggest risks, do the stupidest things, and suffer the most losses in the end; these are basically the stupidest people in the market, using high leverage to guess long and short in a disorderly market He will die every year. Even if you learn to stop losses, it can only make you lose money more slowly, but it cannot change the essence.

The second level: taking small risks and making small profits; these people can realize the boundaries of their abilities. In the market, they can do financial management, regular arbitrage, and new investments, earning 20% ​​a year to earn some pocket money.

The third level: Take small or even zero risks and make big profits; such as those who master the rules of trading, do niche arbitrage, engage in quantification, and find high-odds paths in immature markets (Lumaoke, VC, etc.) ;

The fourth level: Use other people's money to take risks and make money yourself; this requires you to do things by yourself and rely on your own resources to make money from other people's money, such as asset management, projects, etc. Most of those successful traders will eventually go to asset management. This path is the same for Buffett and Druckenmiller; taking risks with other people's money can greatly improve the odds and error tolerance of your own investment.

Therefore, one of the core methods for ordinary people to increase their probability of making money in the market is to find a path that is asymmetrical between risk and profit, and then execute it.

Finally, like-minded friends are welcome to join as members and achieve financial freedom together.

Okay, that’s it for today~ Please subscribe, let’s achieve wealth and freedom together in the next bull market!#BTC #ETH