From a general perspective, trading is a game of probability. Sometimes you get profit and sometimes loss. Your return curve always spins. But who are the real winners who will make stable profits? In reality, only the certainty of value return is the essence of profitable trading. Speculation means that you are certain about the value of an asset. The only obstacle you will face is whether this trend continues or covers your previous losses.
Typically, in every trader’s portfolio, there are many crypto coins. Most often, 95% of them result in losses, and only one or two coins contribute to the profit. This will reveal how much money you will collect from trading, depending on your cognition. Beyond your cognition is your luck. It depends on the market situation; your luck generates wealth for you.
Many new traders believe in speculation, and they perform trading with 100% certainty, and their winning rate is always low compared to those who believe in probability. But if you are a probability believer, you have to admit that the result of probability is always a mixed bag of losses and gains. So what is the best way to achieve the maximum winning rate?
From my experience, the two core points are important.
- Pay more attention to the trends because they remain constant.
- If you can ride the accurate trend, you just need to increase your position and maximize the floating profits. In this way, you can increase the profit-loss ratio and thereby obtain the inevitable results.
In summary, speculation and probability are the two common methods for crypto trading. Which one is suitable for you depends on your trading style. The reason for the continuous trading is to maximize the profit-loss ratio. If you are not profitable, then avoid trading and do some other jobs. Thanks for reading.
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