Do you think ordinary people in the cryptocurrency world can really turn their fortunes around?
The cryptocurrency world is indeed a place where ordinary people can turn their fortunes around, but it is not suitable for those who think about getting rich overnight. Slow is fast; if your direction is wrong, you will face liquidation to zero. Even if you only have 100 USDT in capital, you can still manage your position. Slow is fast. Let me share my thoughts with you:
Only trade mainstream coins, avoid altcoins. First, look at the size of your capital. If it’s not up to 5000 USDT, there’s no need to buy spot. Those with larger funds can consider buying in batches at a 70% low, and sell when the market rises. Use 30% for contract day trading. For each trade, only open 1-3% of your capital, set a stop-loss, and enter when the price hits resistance or support. If the direction is wrong, stop-loss. Avoid trading during garbage time, and your win rate will improve. Always thinking about going all in will lead to liquidation. You can also come find me to play and learn together, explore multiple strategies