How to Turn 3,000 into 1 Million in the Crypto World?
Recently, many people have asked this question: how to make 1 million with 3,000 in the crypto world?
The emergence of such questions roughly indicates the grand 'dreams' of newcomers entering the crypto space.
What businesses do you think exist in this world that can yield such high profits from turning 3,000 into a million?
For complete beginners, take your 3,000 and play with contracts, starting from 5x to 100x, but allow yourself to lose only 50 each time (you need some basic knowledge of position management).
After reading the above, there will definitely be people who criticize me.
The reason is simple: understanding contracts with 3,000 is much better than using 30,000 or 300,000 to experience contracts. No one, not a single person in the crypto world, can avoid contracts; I mean someone who has never touched them at all. So sooner or later, you will have to engage with contracts; only by experiencing them can you understand why they are not worth it. Otherwise, even if others tell you that trading contracts is just gambling, you won’t truly believe it. One day, when someone you know tells you they made 200,000 trading contracts (regardless of whether it’s true), you will immediately jump in.
Moreover, the entry barrier for trading contracts is very low; it can be said to be the simplest path to enter the crypto world. If you really want to get into the circle, contracts are the easiest way to step in.
Finally, and most importantly, you will lose money trading contracts, even if you can make money during the rookie halo period. However you make money is how you will lose it, because you are a newbie; you don’t understand anything, so why should you be able to make money? But once you lose money, you will start to think about how to make money. You will begin to learn trading, learn technical analysis, learn to evaluate projects, and gradually join some quality circles, following role models worth learning from. You will ultimately grow on your own.
The tool itself is not wrong; it all depends on how you use it and what kind of person you want to become.
