It has been more than half a year to invest in blockchain, and it is really difficult to find investment.
In this crazy market, there are too many ways to make a profit. But if you adjust the operation methods frequently, I am afraid it will be difficult to make a profit. Find the game that suits you best, think clearly, study thoroughly, and enforce it firmly. The market will not treat you badly.
Today's article, let's talk about a few investment disciplines that are being practiced. Not necessarily all right, welcome everyone to communicate.
1 free money investment, do not touch the lever
Practice index: ★★★★★
The first element of investment is to hedge, and adding a bar is a risk-adding act, and it is determined not to touch it. Maybe sometimes you are lucky, so you get extra excess income because of the leverage. But if you provoke greed and damage your mindset, then the money will be returned to the market sooner or later.
Regarding the definition of free money, you can understand that losing this money will not have a major impact on your life. The specific ratio can be set according to your cash flow, debt level, risk appetite, etc. There is no certain standard.
2 asset allocation, diversification risk
Practice index: ★★★★
Asset allocation is also essentially to share the risk. Never put your bullets in a certain currency like the popular Stud emoticons in various currency groups.
The troika theory mentioned by the big cats in the industry is a typical asset allocation model. However, one day in the currency circle, one year in the world, now the three carriages should also be adjusted with the adjustment of the times.
At the stage of the current currency circle, Raiders suggested that most of the assets are allocated in the bitcoin and the underlying public chain. The former is the belief of the currency circle, and the latter is the future of the blockchain, which is the most stable and most in the world. Imaginative existence.
However, asset allocation also has an extreme, that is, excessive dispersion. This may be a lot of problems that are easy to make, and I feel that it is more likely to be in a high-powered project.
This kind of configuration is naturally cool in the bull market, it is likely to bloom more, after all, it is going up. But even in this case, because the funds are excessively dispersed, even if you encounter a high rate, the absolute value may not be high.
If you are in a bear market, you will face a lot of decision-making problems, you have to make up the position everywhere, but there are not enough bullets. Even if you want to play bullets in one place, because you are too scattered, you don't know enough about each project, and there is no clear goal.
At this point, my brother is not doing well, and is constantly focusing on the scope. The ideal variety should be between 5-8.
3 either do not buy, or buy enough
Practice index: ★★★
In order to maximize the return on investment, we must concentrate on bullets, that is, buy enough. Buying is different from person to person, here are two references:
In absolute terms, how many bullets you have, focus on 5 to 8 assets, so that each has a larger component.
By relative value, it is the amount of bullets that you have invested in a single project, and the amount of circulation in the project. The standard of the local tyrant is one percent, and the standard of the middle class is one thousandth. Then we can do one thousandth of the first.
Therefore, this article can be seen as a supplement to the second article, which I often use to restrain my impulse to participate in new projects.
4 spend the most time research, spend the least time operation
Practice index: ★★★
When we choose a project, we are vulnerable to other people's gains or recommendation incentives, make quick decisions, and blindly buy projects that we don't understand, thus causing the above-mentioned problem of being too scattered.
Most of the rest of the time, someone staring at the K-line to calculate the point of buying and selling, the operation took a long time; some people look at the disk every day, because of the market is excited or depressed.
However, these are not right. A qualified investor must spend the most time on project research and spend the least amount of time on operations.
As for the short-term market, I quoted a paragraph written by Qiu Guolu, I am very useful:
Invest in the eyes of the industry.
After the fall, grief, after the rise, rejoicing. Neither is necessary. In fact, the economy is still the economy, the company is still the company, neither is it worse because of the sharp fall, nor will it become better because of the surge. The short-term ups and downs of stock prices reflect only the emotional fluctuations of the visitors, and have nothing to do with the value of the company. Investing in the mindset of buying a company, do not lose sight of the sudden fall, and do not forget the shape due to the rapid rise.
Of course, it is difficult to know how to do it. This is also a hard work. The time spent on the market has been quite a lot. Recently, because of the writing of this public number, attention has shifted dramatically. So if you can't help but watch the market, you must have found something that you love more.
If you research the project well, I think it is okay to adopt a fast-forward or long-term strategy. But you must think about whether it is short-term or long-term, and resolutely implement your plan. Don't be clear about speculation, but you are eager to gain a fortune and become a prisoner. It is a tragedy.
5 bull market to make money, bear market coins
Practice index: ★★★
The market for the currency circle has changed too fast. Although the Raiders have not encountered the big bear, they have experienced many bulls and bears in just half a year.
The experience of 9.4 tells me that it is the best coin opportunity when the market is in a downturn, and it is the easiest to get a value coin with a high margin of safety. The so-called everywhere is gold, this time must dare to coin.
In the bull market, a part of the appropriate take-profit can reserve more bullets and provide more support for the next bear market.
Regardless of whether it is a coin or a take profit, Raiders recommends trying to avoid the idea of escaping from the top and bottoming out. Because the so-called top and bottom can only be determined after the fact, the short-term market can not be predicted, so the more suitable for ordinary people is the stage of profit and continuous investment.
Continuous investment may be better understood, that is, adopting a fixed investment method to reduce the cost of holding positions by pulling for a long time. Note that the fixed here is the same amount of investment. The mistake that the Raiders made in the early days is that the number of purchases is the same, resulting in a very slow cost reduction.
As for the take profit, you must avoid clearing the position. Through the value-based profit-taking method, you can get enough profit and retain most of the positions.
6 stop loss should be decisive, change positions should be cautious
Execution index: ★★★
This sentence may not be so well understood. At first it sounds a bit contradictory, let me explain the explanation.
The stop loss should be decisive, and it is the measure we take when we find that our judgment is wrong. As mentioned above, the first need for investment is to hedge. There are three specific risks:
Project risk, is there ample market space for the prospect of this project, is it suitable for blockchain technology?
Team risk, what is the team background for this project? How effective is the execution? What is the quality of the things that are done?
Valuation risk, what is the current price of this project? Is it seriously overestimated? Is there a sufficient margin of safety?
Once we find ourselves making mistakes, it is wise to stop as soon as possible, and not because we have sunk costs already, let us get deeper and deeper. In short, the stop loss is internal and is based on the project's own factors.
It is necessary to change the position carefully because there are too many items in the currency circle. There are star currencies every day, and our funds are limited, so it is easy for us to take the opportunity to raise funds by changing positions. Then you must pay attention to this time:
How much can we buy for the item to be changed? Can you buy enough? Can the increase really determine whether to outperform the assets that have been exchanged?
What are the future expectations of the projects that have been exchanged? What is the price now, is it overestimated? Is there a possibility of a callback?
You must know that the most regrettable thing in the currency circle is not the loss, but the emptying. So, unless you can really be sure that the new project can outperform the old project, it is easy to not change positions. Don't buy it with the wind, but lose all your good chips. Therefore, I said that it is necessary to be cautious when changing positions. This is more based on the comparison between projects and is external.
If you really feel that the new project has good potential, and the old project can't be judged at the same time, then you must make up the position as soon as possible after changing the position. For example, if you use ETH to participate in private placement, you should buy ETH back as soon as possible.
The above six points are the investment disciplines that Raiders currently summarizes and pursues.
It’s really hard to tell the truth and keep your investment discipline. I don't do it every time. After all, there are more news and more temptations in the currency circle. There are always various reasons for you to throw out your bullets and exchange your high-quality coins. But every time I make a mistake, the Raiders will reflect on it well: Is the discipline wrong, or am I wrong?
Finally, I would like to share with you: to be able to stand the prosperous.