TheFourthMasterOfThe
vip

4 crypto world trivia that no one tells you, understanding them early can save you a lot of detours.


First: The cost of averaging down is not calculated the way you think.
For example: You bought 10 for 10,000, and later it dropped to 5 and you bought 10,000 again. You think the average cost is 7.5? Actually, it's not; it's 6.67. Because you bought more coins at 5, it lowered the average cost. Don't be fooled by the surface numbers; make sure to calculate clearly to avoid panic.
Second, earning only 1% every day will still multiply ten times in a year.
You have 100,000, and if you steadily earn 1% every day and stop, it can turn into 1.32 million after 250 trading days in a year. Sounds like a dream? Just calculate the compound interest yourself to see. The hard part isn’t the calculation, it’s the discipline to take the profit and run.
Thirdly, a success rate of 60% can also earn a lot.
If you operate 100 times, with 60 profitable trades earning 10% each and 40 losing trades losing 10% each, overall you would make a profit, totaling 300%. It sounds simple, but in reality, many people can't even manage to take profits or cut losses and rely solely on luck, eventually losing it all.
Fourth: Turning 10,000 into 100 million is theoretically possible, but don't expect it in reality.
Every time you earn 10%, winning 97 times in a row can turn 10,000 into 1 billion. It sounds good, but almost no one can do it. Why? Two words: greed. Most people want to double their earnings after making a little profit, and in the end, they lose everything.
Summary
Investing in coins is not just about technology and luck, but also about mindset and execution. Steadiness is key; don't fantasize about achieving success overnight. Only by staying in the game can you have the opportunity to see the benefits of a bull market.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 25
  • Share
Comment
0/400
Jidewovip
· 15h ago
These people's comprehension ability is really poor, I need to share some valuable insights, they can't even see this🤨
View OriginalReply0
TraderCryptoTradervip
· 15h ago
The most dangerous order to reverse
The scariest opponent is not the market, but the uncontrolled self
Making the right trades relies on technology, but long-term survival depends on mindset.
View OriginalReply0
Mr.PigYatvip
· 15h ago
Changing the track means that the stock trading is over, or is it about the content being published?
View OriginalReply0
View More
GateUser-55c18751vip
· 15h ago
The diary of stock trading while soliciting, there are 365 trading days in a year of Cryptocurrency Trading.
View OriginalReply0
SmoothSailingvip
· 16h ago
Fourth Master, could you conveniently reveal a bit about the track?
View OriginalReply0
View More
GateUser-404f3f70vip
· 16h ago
👍
Reply0
BigForest180vip
· 17h ago
What track has changed?? buddy hardcore fan!!!
View OriginalReply0
View More
A-Chavip
· 18h ago
Contract track?
View OriginalReply0
Posolokvip
· 19h ago
the class is a very beautiful picture
View OriginalReply0
TheFourthMasterOfThevip
· 19h ago
No more sending messages to the young ladies, always getting blocked. Share some learning, motivational, and practical content!
View OriginalReply4
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)