How to become a real rich man in the currency circle, how to turn over
Investment is the process of constantly exchanging money for assets. The education background of ordinary people is that they should study hard since childhood, and then enter a good university. It is best to become a civil servant after graduation and then have no worries about food and clothing. Only a very small number of parents will tell their children not to pursue stability or stable jobs. The only pursuit is opportunity. If you want to become rich, you should not agree with most people. The only way to buy real assets and turn over in the trading market is to invest, that is, to constantly buy assets. The so-called assets are things that can bring positive capital flows, which means things that can help you make money. Liabilities are things that help you spend money. Cars are standard liabilities. You need to spend money to buy them and maintain them. Food, clothing, housing and transportation are consumption. Most people spend almost all their money on consumption, and then they buy liabilities that they think are assets. Increase investment amount to reduce risk①Increase income: If you want to buy assets, you must increase income, such as side jobs, part-time jobs, etc. (earn 500 more a month. 6000 a year)②Reduce consumption: Reduce unnecessary waste, it is not easy to make money, save money, (save 500 a month, 6000 a year) Note: Every penny you earn and save can be used to buy assets. ③Be brave to try and take risks; investing your extra earnings and savings will not affect your normal life and trading mentality. ④Don't borrow money to invest, the risk is too high, accelerate debt, and belong to gambling (the essential reason is that the money will not be given to you for a long time, resulting in fear of loss and wanting to make quick money)Asset purchase strategyLong-term coin hoarding strategy ①Choose coins to buy: Choose a currency that has fallen to the monthly level and is sideways (more than 3 months). ②Double position change: When the assets you purchased double, choose to sell the principal, and then repeat the first step. ③Resolutely implement the strategy without changing positions midway, do not cut losses and leave the market, hold for a long time, and follow the big cycle. ④ When to sell and re-enter: (at least 3 to 5 times later) Distinguish between rising and falling trends, sell when the rising trend is broken, and buy when it returns to the rising trend.