Let's talk about a few methods in the crypto world, a personal discussion!
Can you turn 5000 yuan into 1 million? Let me share some practical advice! See what methods I used to earn over 20 million!
The core idea is: leverage profits through contract trading! But don't rush into it; first, let's convert this 2000 yuan into 300 USDT (approximately 300 USD), and we will take two steps: Step 1: Start with a small capital and snowball (300 USDT 100 USDT)
Take out 100 USDT to trade, focusing on the latest popular coins. Remember two things:
① Run away after doubling your money (for example, if 100 turns into 200, immediately cash out)
② If you lose down to 50 USDT, cut your losses. If you're lucky to win three times in a row, you can snowball to 800 USDT
(100-200~400~800). But take profits when you see them! Play a maximum of three rounds, and stop when you've earned around 1100 USDT; at this stage, it relies heavily on luck, so don't be greedy!
Step 2: When you have more money, use a combination approach (starting with 1100 USDT)
At this point, split the money into three parts to play different strategies:
1. Quick in and out type (100 USDT)
Focus on 15-minute fluctuations, stable coins like Bitcoin/Ethereum. For example, if you see Bitcoin suddenly spike in the afternoon, jump in to follow, make a quick 3-5 profit, like street vending, small profits with high volume.
2. Zen-style regular investment (15 USDT per week)
Every week, consistently invest 15 USDT in Bitcoin contracts (for example, now at 50,000 dollars, you think it can rise to 100,000 in the long term). Treat it like a piggy bank; don't panic if it drops, wait for half a year to a year, suitable for those who don't have time to watch the market.
3. Main event trend trades (bet the rest)
When you spot a big market trend, go all in! For example, if you find that the Federal Reserve is going to cut interest rates, Bitcoin might soar, so open a long position directly. But you must plan ahead: how much to run away with (for example, if you double your money), how much to accept as a loss (maximum 20). This move requires understanding news and technical analysis; beginners should not act recklessly!
Important reminders:
① Never bet more than 1110 as principal each time; don't go all in!
② Set a stop-loss for each trade!
③ Play a maximum of 3 trades a day; if you're itching to trade, play a game instead.
④ Withdraw once you reach your target; don't think about 'earning another wave'!