海绵讲币
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In the cryptocurrency world, going from 50,000 to 30 million, your turnaround requires keeping the following points in mind!
1. Divide the available funds into five equal parts. For example, if you have 10,000 dollars, divide it into five parts, using 2,000 dollars for each trade.
2. Use one part of the funds to buy a cryptocurrency at the current price.
3. If the cryptocurrency price drops by 10%, buy another part.
4. When the cryptocurrency price rises by 10%, sell one part.
5. Repeat the above steps until all funds are used up or all cryptocurrencies are sold.
With this strategy, once you buy, you don't need to worry even if the cryptocurrency price drops, because when the price drops, we will continue to buy.
In fact, if all five parts of the funds are used up, the price of the cryptocurrency has at least dropped by nearly 50%. Unless there is a market crash, the price of the cryptocurrency will not drop that quickly. From a profit perspective, each time you sell, the funds will yield a 10% profit.
Taking a total fund of 100,000 dollars as an example, if you use 20,000 each time, you will gain 2,000 dollars in profit each time you sell.
However, this strategy also has certain issues. A 10% fluctuation is relatively large and may make transactions less likely to be executed, leading to longer waiting times. This can affect the efficiency of fund usage, as the funds may remain idle for long periods or be occupied by particular cryptocurrencies.
However, this problem can be solved by reducing the fluctuation range. For example, you can choose to buy more stable cryptocurrencies and invest in Binance wealth management products when funds are idle. This way, you can earn additional income while waiting for price changes.
1. Divide the available funds into five equal parts. For example, if you have 10,000 dollars, divide it into five parts, using 2,000 dollars for each trade.
2. Use one part of the funds to buy a cryptocurrency at the current price.
3. If the cryptocurrency price drops by 10%, buy another part.
4. When the cryptocurrency price rises by 10%, sell one part.
5. Repeat the above steps until all funds are used up or all cryptocurrencies are sold.
With this strategy, once you buy, you don't need to worry even if the cryptocurrency price drops, because when the price drops, we will continue to buy.
In fact, if all five parts of the funds are used up, the price of the cryptocurrency has at least dropped by nearly 50%. Unless there is a market crash, the price of the cryptocurrency will not drop that quickly. From a profit perspective, each time you sell, the funds will yield a 10% profit.
Taking a total fund of 100,000 dollars as an example, if you use 20,000 each time, you will gain 2,000 dollars in profit each time you sell.
However, this strategy also has certain issues. A 10% fluctuation is relatively large and may make transactions less likely to be executed, leading to longer waiting times. This can affect the efficiency of fund usage, as the funds may remain idle for long periods or be occupied by particular cryptocurrencies.
However, this problem can be solved by reducing the fluctuation range. For example, you can choose to buy more stable cryptocurrencies and invest in Binance wealth management products when funds are idle. This way, you can earn additional income while waiting for price changes.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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