In 2 days, I made 110,000 with 3,000; I just went through it!

Let me tell you how I made 110,000 in one night with 3,000;

Strictly speaking, it was 500U (about 3,500);

I made 3 contracts in total, as follows!

First contract: opened a 60% position (100x), about 30,000 U in holdings, went long on Auntie!

Coincidentally, that night there was sudden news, an American official announced that the probability of the SEC approving the ETF would rise to 75%. Following this stimulus, Ethereum surged nearly 20% in one day;

And me, I happened to almost capture the entire wave,

the funds rose from 500U to nearly 6,000U;

For the second contract, I used 6,000U to open 50% (100x),

kept chasing long, kept eating, kept feeling happy and high!

The next day, I gained nearly 1.5% (4,500U),

Adding to the principal, it had already reached nearly 11,000U,

For the third contract, I made a small coin BB, just at its upward channel, made a small wave!

Used 11,000U to open a 20% contract (20x), which is nearly 70,000U in holdings, made nearly 5,000U;

With these 3 operations, I turned 500U into 15,000U;

Alright, back to the point, what conclusion did I draw?

1. There is a saying in the crypto world, become a contract, lose also a contract!

The crypto world is indeed a 'place' where the poor can create myths, and it is also a place where many people can become wealthy overnight!

Contracts are, in my opinion, the place with the greatest risk but also the greatest opportunity. If you want to get rich in the crypto world, you must pay attention to the following advice!

Suggestion 1: Low position, low leverage operation

The main thing about doing contracts is not how much you earn in one go, but to survive continuously and try to increase your capital like a snowball. You can say that over 10,000U is definitely easy to operate, while under 1,000U is basically gambling; the range of 1,000 to 10,000U mainly relies on skills, discipline, and mindset!

Suggestion 1: Low position, low leverage operation

The main thing about doing contracts is not how much you earn in one go, but to survive continuously and try to increase your capital like a snowball. You can say that over 10,000U is definitely easy to operate, while under 1,000U is basically gambling; the range of 1,000 to

10,000U mainly relies on skills, discipline, and mindset!

Below 1,000U won't be discussed, it all relies on a gamble!

For operations above 3,000U, my suggestion is to keep a position below 1/5 and leverage below 50 times (big cake and Auntie);

This can greatly reduce your risk!

As we all know, the biggest risk of contracts is mainly liquidation, and there are many reasons that can easily lead to liquidation, one of which is being suddenly pulled up or down with little space, which can easily cause liquidation. Therefore, it is recommended to maintain operations above 5,000 points, so low position and low leverage are very important!

To put it bluntly, the purpose of low position and low leverage is to keep you alive; only by staying alive do you have a chance!

Suggestion 2: Transaction frequency must be low

Transaction frequency must be low; this is regarded by me as the manual for doing crypto. How low should the transaction frequency be? Below 2 times a day (if temporarily stuck, it may take 2-3 days to make a move), reducing transaction frequency has these benefits;

Benefit 1: You have enough time to analyze and study each trade, which greatly increases the accuracy; the reality is that many people's first operation of the day often has the highest accuracy, while the more trades you make, the easier it is to make mistakes!

Benefit 2: Can avoid emotional trading; most crypto friends lose money not due to extreme market conditions, but because after making too many trades, if the error rate is high, emotional trading becomes severe, and in the end, the problems all stem from emotions!

Benefit 3: Reducing transaction fees; this goes without saying. In reality, many high-frequency traders lose more money than their transaction fees, of course, this is both yours and not yours!

Suggestion 3: Avoid passionate and emotional trading

Passionate trading and emotional trading are the two types of people who go bankrupt in the crypto world: one cannot control their hands, and the other cannot control their thoughts!

Emotional trading: cannot control one's thoughts, mainly manifested in blindly holding positions against the trend; to be more specific,

when a certain one-sided trend has formed, and one clearly knows this situation, but is unwilling to cut losses and insists until liquidation!

I define this as emotional trading, fighting with oneself, always holding onto a glimmer of hope. In reality, the easiest problem to occur in the crypto world is holding onto hope stubbornly!

Therefore, my suggestion is to be decisive!

Do not trade against the trend; when the direction is clear, you must be bold to cut losses; if it’s time to leave, leave, if it’s time to stay, stay. Be decisive in your operations, admit mistakes; making mistakes in one direction is definitely possible, but you cannot let mistakes lead to an end; that would truly be the end!

Suggestion 4: Small coins carry great risks

I personally do not recommend playing with small coins; as everyone knows, small coins can be very exciting, but the risks are too big. You can get it right 10 times, but getting it wrong once could destroy you!

Therefore, I personally do not recommend playing with small coins!#美国加征关税 $BTC