Can you make 1 million with just 3000 in the crypto world? Is there really such a high effect of getting rich quickly in the crypto world?
First, the answer: there is a chance, but you can only do contracts, and you need a bit of luck.
3000 in the crypto world is about 400 USD!
Recommended optimal strategy: contracts
Use 100 USD each time to bet on hot coins, and set proper take profit and stop loss levels.
100 to 200, 200 to 400, 400 to 800.
Remember a maximum of three times! Because the crypto world requires some luck, if you keep betting like this, it's easy to win 9 times and lose once!
If you successfully navigate three rounds with 100, then your principal will reach 1100 USD!
At this point, it's recommended to use a threefold strategy to play.
Do two types of trades a day: ultra-short trades and strategic trades; if the opportunity arises, then go for trend trades.
Ultra-short trades are for quick strikes, at the 15-minute level,
Advantages: high returns
Disadvantages: high risk
Only do large coin trades.
The second type of trade, strategic trades, is to use small positions.
For example, use a leverage of 10 times with 15 USD to do contracts around the 4-hour level.
Save the profits and invest in big coins weekly.
The third type, trend trades.
Medium to long-term trading; when you see the right opportunity, just go for it.
Advantages: more profit
Find the right entry points.
Set a relatively high risk-reward ratio.
Veteran traders only do real trades, the team still has spots available to join.