Trading coins from 30,000 to 10,000,000! Thanks to the master 🤝
1. Manage all funds with good position management, it's very important, very important!!! For example, if you have 100,000 USDT, divide it into 5-6 parts, using only 20,000 USDT for each trade.
2. Take out one part 💰 for spot trading.
3. If the coin price drops by 10%, buy in another part.
4. When the coin price rises by 10%, sell one part.
5. Repeat the above until 💰 is fully used or fully sold out.
According to this strategy, even if the coin price drops, there is no need to worry because we will continue to buy when the coin price drops.
In fact, if all five parts of funds are used up, the coin price has at least dropped by nearly 50%.
Unless encountering a major crash, the coin price won't drop that fast. However, from the perspective of the past three years, the probability of a major crash is very small. From the perspective of profit, each time the funds are sold can bring a 10% profit.
Taking 100,000 total funds as an example, if 20,000 is used each time, then each sale will earn a profit of 2,000 yuan.
But this strategy also has a bug.
A 10% fluctuation is quite large, which may make trades not easy to execute, increasing a long waiting time cost.
During this period, you cannot engage in other trades.
But!!! This problem can be solved by reducing the fluctuation range.
For example, you can choose to buy stable cryptocurrencies and invest in Binance financial products during idle funds. This way, you can earn additional income while waiting for price changes.
