Can you make a million with 3000 in the cryptocurrency market? Is there really such a high wealth effect in the crypto world?
First, the answer: there is a chance, but you can only do contracts, and it also requires some luck.
3000 in the crypto market is about 400 USD!
Recommended optimal strategy: contracts.
Use 100 USD each time to bet on hot coins, and ensure you set profit-taking and stop-loss points.
100 turns into 200, 200 turns into 400, 400 turns into 800.
Remember a maximum of three times! Because the crypto market requires a bit of luck, betting all in like this can easily result in 9 wins and 1 loss!
If you pass three levels with 100, then your principal will reach 1100 USD!
At this point, it's advisable to use a three-fold strategy to play.
Make two types of trades a day: ultra-short trades and strategic trades; if the opportunity arises, then enter trend trades.
Ultra-short trades are for quick strikes, at the 15-minute level,
Advantages: high returns
Disadvantages: high risk
Only do trades at a high level.
The second type of trade, strategic trades, is to use small positions.
For example, using 15 USD with 10x leverage to do contracts at around the four-hour level.
Save the profits for regular investments in Bitcoin every week.
The third type, trend trades.
Medium to long-term trading, go directly when you see the right opportunity.
Advantages: more profits
Find the right price point.
Set a relatively high risk-reward ratio.
Made over 8000 USD on one trade, following Brother Jie, eating nine meals a day! You can choose to earn more or less, but I only give the opportunity once. If you want to get in, hurry up; don’t wait until others have made their profits and then regret it!
The market waits for no one; hesitation means missing out!