
What are the investment options for novices in the currency circle? What problems should we pay attention to when investing?
Jan 05,2023
6247Many people enter the currency circle only to make more investments and hope to gain more profits in this market. How can new comers find their own investment methods? It is said that people will know how to make money only after losing money. No one will always make money at the beginning. There must be times of loss. As long as we learn from it, we can avoid unnecessary risks. We can also choose investment methods suitable for ourselves from various investments. So, what are the investment options for novices in the currency circle? What problems should we pay attention to when investing? Next, let's have a look.
What are the investment options for novices in the currency circle?
1. Spot
Take Bitcoin (BTC), the leader of today's virtual currency, for example. Why does Bitcoin continue to appreciate as long as it is bought and kept? Here are some examples:
Rarity: Bitcoin has a total of 21 million pieces, which is different from the legal tender in the traditional credit market. It can not be manufactured and issued without restrictions, which also allows Bitcoin to have a "quantitative". It is often said that Bitcoin is "artificial gold". Because of its rarity, it will continue to increase in value over time.
Divisiveness: One Bitcoin can be divided into 100 million Nakamoto enterprises, which also means that everyone can be more convenient and flexible when trading in the market. Although many French coins have less than one unit of credit, there is no way to divide them into small enterprises like digital currencies.
Convenience: As long as you have the network and address, you can directly trade and transfer money, no matter where you are from or where you are from, and there will be no loss in transactions due to national boundaries.
Durability: Bitcoin is called virtual currency because it has no entity, so there is no problem of consumption. So you can not be afraid that the Bitcoin you buy is damaged or unusable. The price of the same amount of Bitcoin is the same.
2. Fixed investment
This should be something that most people with sufficient assets can do. The fixed investment can be divided into fixed investment in different time lines. It can be made every ten minutes, every hour, every day or even every month. The less the interval between fixed investments, the more you can share the currency price. If you buy higher or lower, it means that the purchase price is actually the middle value. As long as the currency price continues to rise, it will eventually be profitable through fixed investment.
The so-called "fixed investment" is also known as the Dollar Cost Average (DCA), which is an investment choice that is also highly praised by Warren Buffett. If you have some assets in the currency market just now, you can try the "fixed investment" investment method without visiting!
3. Grid
There is no intention of advertising here, just to suggest that you use the grid.
Generally speaking, the white people who enter the currency market will fall back three points when they see the range of rise and fall. They feel that if they don't follow a good car, they will be dumped at any time. They are afraid that they will not sell at a low point once they are out of position. Then the grid will be your first choice. Because the grid can help you hold your spot goods to the point where you want to sell, you will not worry about market shocks. As long as the currency price falls, the grid will automatically help you buy, and when the currency price rises, the grid will automatically help you sell. Therefore, you can get your profits from it, so it is a long-term investment.
What problems should we pay attention to when investing?
1. Emotion: This is the most critical one. It is recommended to use a rational attitude first when you are depressed or extremely excited. When you are depressed, you usually cut your position too early or stop your profit too early. When you are extremely excited, you usually have greed, which may make the profit sheet lose money.
2. Point: The point of order entry is very important. The contract transaction is operated in two ways: multiple and short. In fact, there are four operating steps: low multiple, low multiple, high multiple, and high multiple. In a one-sided trend, these four methods are all desirable. If you are in a volatile trend, remember not to be low and high multiple. That is tantamount to chasing up and down. Remember that many people are losing money by chasing up and down.
3. Position: How to allocate funds is related to the amount of psychological endurance. If the position is too large or full, once the trend reverses, the loss will increase, and the psychological endurance will also increase. Usually, the market trend cannot be carefully analyzed, resulting in operational errors.
4. Stop profit: Many people usually can't stop profit, so that the profit sheet becomes a loss sheet. In a unilateral trend, stop profit can be used to increase profit space. In a volatile market, stop profit usually requires personal consideration to close the position. Not every order must earn tens of thousands of dollars. Sometimes, hundreds of gains are accumulated in a volatile market.
5. Decisiveness: A qualified investor needs to place an order decisively. If he has ideas, he should follow his own ideas without hesitation. Don't be afraid of losing money. A reasonable stop loss will help you prevent risks and be your strong backing.
6. Frequency: It is impossible to catch every wave of the market. Proper trading frequency is a must. Excessive trading may cause technical analysis errors.
7. Mentality: This is the most critical point. When you enter this market, it is undeniable that everyone is making money. The more you earn, the less you earn affects your mentality. What we should do is to prefer to make small profits rather than lose money, rather than make more and earn less; Concerned about Jinxin's timely grasp of market information and new trends to help you make steady profits.
8. Adding position: Adding position is a knowledge. In a unilateral trend, you can add an opportunity order slightly, but remember never to add orders while taking the opportunity. Adding orders while taking the opportunity usually increases the loss, and you can't write off and modify the opportunity order to stop loss at will.
9. Take the opportunity: Take advantage of the situation. When the market is unilateral, don't think about adjusting at any time. Maybe all indicators are high tonnage, but when the indicators also deviate, remember not to go against the trend.
Speaking of this, I believe that you have a certain understanding of the investment options suitable for novices in the currency circle and what problems should be paid attention to when investing. In general, the editor here also reminds investors that the currency circle market is volatile and unpredictable, and any investment is accompanied by certain risks. You must have a comprehensive understanding before entering the market, and do not invest blindly.