Recently, many fans mentioned that they just started playing and didn’t know how to operate. The funds they just entered were less than 1000u, and they asked me if there were any good strategies. Today, I will share my suggestions.
For example, if you have 1000U, divide it into 10 parts, and invest 100U each time. The leverage recommendation is 20X. It is difficult for newcomers to control their mentality with too high multiples. The remaining 900u is placed in the financial management account.
If you lose 100U, you must not think that you can make up for it. If you lose it all, the first thing you have to do is to reflect and summarize, and then take a break for 1-2 days.
Don’t be afraid of missing the market, Bitcoin fluctuations are always possible. There are big fluctuations every month, and things with many opportunities depend on whether you have the life to play.
After the adjustment, you divide the remaining 900U by 10 to 90U per share, and then invest again. Be careful this time and try to make the money back. Suppose you make 300U this time, you keep 100U and transfer the remaining 200U. In this way, you will feel at ease and your mentality will be much better. Don't invest all of it. In the end, a black swan appears in the market, then you will lose it all at once.
Start from the beginning again. Objectively speaking, for contract trading, just open 10X. If you are in the wrong direction, you will be liquidated if it falls by 10%, and even for BTC, a 20% fluctuation in a year is too normal. If you are fully invested every time, then no matter how much you have earned before, it is meaningless, and it will all be zero in the end. If you often walk by the river, no one can guarantee that you will be right every time.
For a great trader, a 60% success rate is very impressive. So position management is very important.
Even if you have a 90% winning rate, a mistake will make you fall into ruin.