HOW TO MANAGEMENT CUSTOMER CAPITAL IN TRADE COIN
Today I have a time to write a share of how to manage capital in Trade Coin for reference people apply how reasonable.
Firstly, I will point out two ways of managing capital that are not properly observed, most people are caught
1. Divide too much coin
- This way is common in the case of new trade, to hear who says good ji good, delicious is to buy a little to wait for it to increase. This is a lot to lose, but the biggest one is that when you hold too much coin will not have enough time to check and heart to see if your coin is hugging or not. When this coin increases, the other coin decreases => total capital increase. Coin increase ko do not know, until the reduction is too afraid to cut losses.
2. All in to a coin
- This way will be the fastest way to find the best coin if the coin is sure to increase sharply. But it is the ideal case, while the vast majority of cases, but I know that coin coin holding delicious but distortion increases but also decreases, while the others increased roaring
). Too intestinal cut hole to jump over the child is growing, then the child drops and cut his coin it increases
)
So there is an optimal and headache to choose the best coin. It should only be 3 to 5 coin at a time, just enough to have enough time to check every day and not as risky as all in. Where all the coins themselves hug increased too good, but human cases increases the other decreases, you do increase your profit, turn to eat Wavelet not increased or DCA figure dropped to a most optimal way .
And certainly one thing in the market does not have a coin increase forever or forever (unless it is delist off the floor). Knowing how to manage capital, take profits and cut losses is also a prerequisite for winning the market
