How to buy and sell DAO1 currency (how to trade one currency)

Remember the following points when buying funds:

1. Don’t be cheap when choosing a fund

When choosing a fund, don’t just look at the cheap price. For example: if you buy Fund No. 1, its net value is 1.5 yuan, which was about 1 yuan a year ago. This shows that the fund's income is not high, and it may not improve much after one year.

2. New funds are not necessarily good funds

The prices of new funds that have just been launched are relatively low. It is mistakenly believed that if the investment is small, you will not lose much. If you perform well, you can make a lot of money. In fact, no factors are certain for new funds, and their risks are the greatest.

3. The fund company is strong and has been in business for a long time

When buying a fund, you must first check the strength of the company and how long it has been in business.

4. Look at the professional level of the fund manager

When purchasing a fund, you must first check the operating level of the fund manager. The level of the fund manager determines the future performance of the fund.

5. Look at the historical performance of the fund

When purchasing a fund, you must first understand how the fund has performed in the past (at least within half a year) before you can decide whether to buy it.

6. Buy funds that suit you

When purchasing funds, you should choose to buy open-end, closed-end, high-risk, low-risk, combination, stock, etc. according to your own situation.

7. Low-cost funds

Choose channels with promotions or discounts to purchase funds to reduce costs; long-term fund holding is also a way to reduce purchase costs.

Extended information:

How to get started with fund speculation for beginners

1. Collect information, understand the meaning and risks of funds, and then make an objective comparison of your own conditions to see whether you are really suitable for contacting funds and whether you can afford it. The biggest risk in this investment.

2. After you have a certain understanding of this investment, you can choose a good platform. A stable fund platform. Generally, the annualized interest rate is only below 20%. If you see those online that say annualized interest rate You don’t need to look at funds above 20% because the risk is particularly high. Funds with lower risks are generally bank funds with an annual interest rate of about 6%.

If you want a relatively high income, you can find some internationally renowned large platforms to operate. The general income is 5%-18%. They have third-party custody of banks and cooperate with some large companies. They also have principal and interest guarantees. Be sure to choose them. There are computer systems and mobile APP software platforms.

3. When choosing a good platform, you must be familiar with the platform’s model and enter the market when you identify a good time. It will definitely take more time at the beginning. It is recommended to choose a fund type with a relatively short cycle, such as The period is within one month, and based on personal financial situation, it is recommended to use a small amount of funds to operate first, so as not to affect the operation of your own life funds.

4. After officially starting the operation, you should keep a few points in mind, always calculate your profit and loss, pay more attention to the company's evaluation, and never feel that you have mastered the skills enough. It is not too little knowledge, and a cautious attitude is very important.

Reference source: Baidu Encyclopedia - Buying Funds

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