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🔥🔥 Must-read in the cryptocurrency circle🔥🔥
In the past few years of cryptocurrency trading, I have understood a truth. Have you ever thought about the accounts of cryptocurrency trading and understood the secrets?
If you have 3 million yuan, it will rise by 100% first and then fall by 50%, and the result is still 3 million yuan. Whether it rises by 50% first and then falls by 50%, or falls by 50% first and then rises by 50%, the result is 2.15 million yuan. This shows that it is crucial to control the retracement. Short-term profits may be high, but if the retracement exceeds 50%, it will return to zero.
A stable annualized rate of return is not inferior to a high volatility rate of return. A stable return of 30% per year is considerable, and the power of compound interest will bring amazing returns. Buffett has maintained a profit of more than 20% for 47 consecutive years because he believes in the power of compound interest.
When trading cryptocurrencies, you must do a good job of position management, choose carefully, and control risks in order to move forward steadily and obtain stable returns. Adhere to a prudent investment strategy and pursue long-term and stable wealth growth.
