How to turn 1000 into 1 million? A step-by-step guide to making money!
Don't listen to people who talk nonsense about getting rich overnight! If you follow my advice, you can really turn your life around from being broke!
Step 1: Use 1000 to trade contracts, roll it to 100,000 in 3 months! Our 1000 can be converted to around 140 in the crypto world.
Remember this trick:
Every time you take out 30U, choose popular coins and go all in, and make sure to set a stop-loss! It's like playing a game, 100 becomes 200, 200 becomes 400, 400 becomes 800.
But remember! Stop after three rounds! Luck is very important in the crypto world, you might win 9 times, but the 10th time could wipe you out! If you pass three rounds, your capital can reach 1100U!
At this point, let's change our strategy:
Ultra-short quick cuts, resolve it within 15 minutes, focus on Bitcoin and Ethereum, it's quick profit but high risk;
Strategic dollar-cost averaging: use 15U, with 10x leverage to do long-term contracts, and invest in Bitcoin once you make a profit;
Trend hunting: seize the opportunity and go all in, calculate the risk-reward ratio, and when you act, aim for big profits!
Step 2: How to pick coins and how to trade?
Coin selection tips: Open the daily chart, only choose coins with a MACD golden cross, especially those with the golden cross above the 0 axis, these are the most reliable!
Keep a close eye on the 20-day moving average! If the price is above the average, hold on tight;
If it breaks below the moving average, clear your position immediately, don't hesitate!
If the price breaks above the moving average with a surge in volume, decisively increase your position; sell one-third when it rises 40%, sell another one-third when it rises 80%, and sell everything if it breaks below the moving average!
If it breaks below the moving average the next day, regardless of how strong it was before, you must sell everything! Wait for it to stabilize above the moving average, and then we can jump back in!
The key is simple: don't act recklessly, strictly follow the rules!
I am Angel, skilled in short to medium-term contracts and medium to long-term spot layout. For detailed strategy teaching, contact @Angel.