What does it take to make big money?


Everyone has heard a saying: heavy positions create miracles.
Everyone knows that making big money depends on having heavy positions.
So how do you build a heavy position?
You’ve only got a few tens of thousands of yuan—if you go all-in, it’s only a few tens of thousands. If it goes up 5x, that’s only a few hundred thousand. Are you just getting back to break-even, or are you getting rich?
So you have to use 100x leverage to call it a heavy position. Then if it goes up 5x, you’ll end up with hundreds of times the gains.
Is it really like that?
Not necessarily—there’s also something called volatility, which is the “dividend.”
You’ve only got a few tens of thousands of yuan, but if it rises 100x, you’d have a few million.
The problem is: the “dividend” disappears. Forget 100x—if it’s only a few times, even that is like a miracle.
When it comes to alpha’s demon coin $rave , how many people have held it from start to finish without missing out?
Longs didn’t even get a bite—while shorts got liquidated.
RAVE-6.54%
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