In a cycle, only by understanding your income expectations, your risk control scope and your amount of funds, will you know how to choose when facing the market.

According to the BTC next 2-year high of 15wu as the background.

Let's talk about expectations first, if your expectations are 3 times, then whether it is 20,000 or 40,000 BTC, it makes no difference, and it can be achieved according to your expectations. Yes, everyone wants to make more, and if you are sure that you can buy 39999 BTC, no one will choose 4w. However, there is never 100% certainty in the market, so under this premise, when you are hesitant, you will make a decision according to expectations. If you expect a high probability to be reached, you can buy it.

Let's talk about risk control, according to the target market (4w) to make assumptions, if you buy at the current price, the subsequent experience of the quilt will not affect you anything, the timeline is extended, the probability of your loss is very small, and you can also meet your income expectations. In this way, there is no need to hesitate to buy.

The second is the amount of funds, which is better understood, combined with the previous two, the smaller the general amount of funds, the higher the expectation, and the worse the risk tolerance. Therefore, small funds are the most difficult, and in the face of the market, they are also the most volatile.

As mentioned in the previous article, the risks and returns of the currency circle are directly proportional to some things in the field, such as contract mountain copycat dogs. Only the cycle, the profit and loss ratio is the most suitable, the benefits far outweigh the risks, and the returns far exceed any industry outside the circle.

So when you do a cycle with a small amount of money, you may be most concerned about the entry point, which is actually wrong.

The first point is that no one is sure where the bottom is, and there are always people who sell and buy as the market goes down and up. At this time, the risk is on them, and of course, the return is also, don't they want to buy at the bottom and sell at the top? Therefore, after combining expectations and risk control, they feel that it is appropriate to go to Bo, then the short- and medium-term profits are deserved, after all, before making a profit, they also bear the risk of loss. If it is a floating loss, it is also within the scope of their risk control, and the back quilt cover can withstand it.

On the other hand, with small funds, compared with those who have strong risk control tolerance + low expectations, why do they want to pursue the bottom + high expectations while minimizing the risk? This is obviously a contradiction. As I said before, you can't do trading at the same time.

It has been said many times that small funds are generally fragile, and if you play with small funds as big funds, then the profit-loss ratio is much worse. Take 1000w and 10w as a comparison, 1000w to chase up, profit 5 points, there are also 50w. You chase 10w, profit and loss of 5 points, 0.5w, the experience is actually not good. Therefore, in this process, emotions are easily driven, and the contract goes to the high-risk copycat. The two, compared with the principal, although the rate of return is the same, but the experience is very different.

Let's put it this way, a person with a 10w principal, who consumes 100 a day and makes a profit of 5000, can use it for 50 days.

1000w, which is 100 times that of 10w. However, people who have 1000w, under normal circumstances, 500 per day is already a lot. As a person in the currency circle, it may be less. Then the profit of 50w can be used for 100 days, or even longer. Take yourself as an example, when you are at home, you have 80 cigarette money a day + 90 three meals + 50 others, and more than 200 a day is dead.

This is to say profit, floating loss, 1000w loss of 500w, cut will not be too uncomfortable, can not affect the normal quality of life, in addition to 1000w to do people, most of them are not only 1000w. On the other hand, 10w may be all the funds that are bankrupt, and if you lose 5w, it will become very painful.

Therefore, in terms of mentality, small funds are not as good as large funds. When all aspects are not as good as big money, all I can think of is to seek stability. Yes, don't be afraid to miss out, the point is not important, the profit and loss ratio is what you should care about.

Finally, let's talk about ETFs, if it passes, you can buy now with a high probability of making a profit, but even if the bull opens, a 20%-40% pullback in the middle is also essential.

To make a high-profile assumption, if the ETF is approved and the BTC rush to 5W, then in the face of the subsequent 20% callback, it can also reach 4W. Do you think that it is more likely that 5W will go all the way back to 6.9W, or do you think that it is more likely that 5W will call back to 4W? If it is the former, then the current price of about 4W is a set fact, and it must be rushed. If it's the latter, then you might as well wait, 5w has not become a settled fact, maybe it will be lower, then waiting is undoubtedly the best choice.

There are still 10,000 points in the bear market rally, how can the bull market rush up so smoothly.

Ok! The current market, according to personal circumstances, just weigh what I have mentioned above to make a decision.