For those who want to turn their fortunes around, how much capital should they invest in the cryptocurrency space?
My answer is 10,000 RMB.
I have a very good case around me; initially, my friend planned to invest 500,000 in the cryptocurrency space. He had never played in this space before, so I told him to first put in 10,000 and see if he could double that.
He said you can't turn 10,000 into a fortune; I said losses are calculated as a percentage, not by amount. If you can't even double 10,000,
It’s even less likely for you with a 50 principal, because 500,000 is psychologically harder for you.
It's a pity I didn't listen; his 500,000 principal went to contracts, starting with a multiplier of 5-10 times, and now his leverage is 20 times, with only 60,000 left.
How long is this cycle? Less than a month and a half.
Moreover, this friend of mine is a very smart person in the real world.
That's why I've always been very averse to friends coming into the cryptocurrency space; 10 out of 10 end up with a bad outcome.
The cryptocurrency space has never been a tool for class ascension, but rather a deadly weapon for class decline. First, understand its evils and negatives, ensure survival before talking about making money or changing classes.
Seize the opportunity, sign up immediately, and collaborate with an experienced strategy team to uncover certain opportunities in market fluctuations, responding calmly and rationally to the unpredictable cryptocurrency market.