Can 3000 yuan turn into 1 million? The first lesson for newcomers in the crypto world
I have found that many in the crypto world love stories like turning 10 dollars into a fortune, betting 1000 dollars to make 10 million dollars, and so on. They enjoy fantasies and dream of having that kind of luck! But once you enter the crypto world, you will realize that it’s built on the remains of many.
Many people enter the crypto world with such dreams: turning a few thousand yuan into a million fortune. To be realistic, in this world, any business that allows you to turn 3000 yuan into 1 million is either written in the criminal law or in the casino rules. The crypto world is no exception.
If you are a complete novice, I have a straightforward plan for you: take this 3000 yuan to trade contracts. Don’t rush to criticize, let me finish —
Start with 5x leverage, gradually increase to 100x, but remember, never lose more than 50 yuan at a time. Consider this money as tuition. Why let you trade contracts? Because this is the most authentic “newbie village” in the crypto world. No one can avoid contracts for a lifetime, just as no one can resist the temptation of gambling forever. Sooner or later, you will hear about someone you know making a fortune trading contracts (even if it's just a rumor), and at that moment, you will still feel tempted. It’s better to use this little money early on to personally experience what “excitement” means.
Don’t fantasize about winning. The newbie halo might allow you to make some money a few times, but ultimately, you will lose both your capital and profits back. Because you don’t understand anything, what gives the market the right to let you make money? But losing money is a good thing — when you lose, you will start to ponder: why? How to avoid it? You will actively learn techniques, look into projects, mingle in circles, and find truly reliable people. This is the beginning of growth.
Contracts are just a tool, like a knife, it can chop vegetables or kill. It all depends on how you use it. The most valuable thing in the crypto world is not the myth of getting rich quickly, but the understanding gained from losses.
So, hold on to your 3000 yuan, either leave completely or prepare for a total loss — but remember, what you are buying is not cryptocurrency, but your future self.
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