In 2023, Xiao Zhang was laid off by his company and was burdened with 50,000 in credit card debt. During that time, he locked himself at home every day, afraid to see anyone, and even contemplated giving up on himself. Who would have thought that a year later he not only paid off his debt but also opened his own small studio, and the turning point for all of this was the "dollar-cost averaging mindset" he explored in the cryptocurrency market.
When he first lost his job, Xiao Zhang happened to see someone online who achieved financial freedom through dollar-cost averaging in digital assets. With a mindset of trying anything as a last resort, he began to study dollar-cost averaging. However, he did not blindly follow the trend, but instead spent a month learning to understand the core logic of dollar-cost averaging: using a fixed amount of money at a fixed time to purchase a certain asset, thereby averaging the cost through long-term holding to earn returns.
Here, I share the four regular investment avoidance tips summarized by Xiao Zhang, which I personally highly endorse as practical methods. First, choose the right investment targets. For regular investors, it is essential to select assets that have practical application scenarios and high consensus; do not choose air coins that have no value support, or you may very likely lose everything. Second, set a reasonable investment cycle. Xiao Zhang initially set it to invest once a week, but later found that his cash flow was unstable, so he changed it to monthly investments, adjusting according to his actual situation to avoid being forced to cut losses due to funding gaps. Third, strictly implement profit-taking and stop-loss measures. Xiao Zhang set his profit-taking line at 50%. As long as the return on a certain asset reaches 50%, he will sell half to lock in profits; the stop-loss line is 20%. If the loss reaches 20%, he will pause regular investments, analyze the reasons, and then decide whether to continue. Fourth, do not frequently change investment targets. The core of regular investing is long-term holding. Frequently changing targets will increase costs and make it difficult to enjoy long-term gains.
Once, Xiao Zhang's regular investment in a certain asset suddenly plummeted, falling more than 15%. Many people around him who were also investing panicked and sold to cut their losses. But Xiao Zhang did not follow the trend; he carefully analyzed the fundamentals of the asset and found that it was just a short-term fluctuation. Therefore, not only did he not sell, but he also added to his position at the low. Before long, the asset rebounded, and Xiao Zhang made a considerable profit. He said, 'The most challenging aspect of regular investing is maintaining the right mindset. Don't panic when there is a significant drop; as long as the asset is sound, sticking with it will yield rewards.'
Now, Xiao Zhang has completely freed himself from the shadow of unemployment and debt. He often says, 'The crypto world is not a casino, but a place that requires continuous learning and accumulation.' For ordinary people to succeed through regular investing, the key is to choose the right methods and maintain patience. If you are also doing regular investments or want to try it, follow me. I will share more practical tips on regular investing to help you avoid detours!@男神说币 #巨鲸动向 $BTC
