Can a cryptocurrency novice turn 1000 into 100,000 in a year?
Let me suggest a viable plan. If you can execute it, turning 1000 into 1 million is achievable.
Divided into two phases:
Phase one: Use 1000 to make contract rollovers quickly accumulate to 100,000! (It takes about 1 to 3 months.)
In the crypto space, 1000 is about 140 USD! Optimal strategy recommendation: Use 30 USD for contracts each time, bet on hot currencies, and set proper take profit and stop loss. 100 turns into 200, 200 turns into 400, and 400 turns into 800. Remember, at most three times! Because luck is needed in the crypto space, betting like this can easily yield 9 wins and one loss! If you pass three levels with 100, your capital will reach 1100 USD! At this point, it’s recommended to use a three-tiered strategy to trade two types of orders in a day: ultra-short orders and strategy orders. If the opportunity arises, then move to trend orders. Ultra-short orders are for quick strikes, at the 15-minute level. Advantages: High returns. Disadvantages: High risk. Only do it with major currencies. The second type of order, strategy orders, is to use a small position to trade contracts at around the 4-hour level, like 10x with 15 USD. Use profits to save up, and conduct regular investments into major currencies weekly. The third type, trend orders, is for medium to long-term trading. Once you see the right point, go directly for it. Advantages: High profit. Find suitable points and set a relatively high cost-performance ratio for profit and loss.