80/20 rule

In any system, 20% of the key elements determine 80% of the overall results

The 80/20 rule in the crypto space refers to
1. Give up frequent trading, focus only on the 20% of market moves with the highest certainty, and reduce ineffective short-term operations
2. Concentrate capital on quality targets; don’t spread it across a large number of low-potential picks, such as fake coins
3. Distinguish primary from secondary, and put 80% of your effort into core opportunities that can generate returns. In a good wave of the market, you can achieve several times the profit over costs

For beginners, the 80/20 rule means 20% is the predetermined profit
This means that if you’re a beginner, the highest you can 🧱 in the market is only
this 20%
80% is the required cost
This means that if you want to 🧱 on that 20%, you need to pay 80% of the cost, including sunk costs, opportunity costs, fixed costs, variable costs, marginal costs, etc.#比特 #币圈