Want to break into the cryptocurrency world with just 3,000 yuan? Forget about making a million just yet. Hear what the seasoned veterans have to say.
Mr. Zhang was an ordinary office worker who had saved 3,000 yuan (about 420 U). Seeing his friends posting screenshots of people getting rich quick in the cryptocurrency world every day, he was itching to jump in.
Until he met a veteran investor, and after hearing his advice, he finally calmed down.
The veteran investor said frankly:
There are tons of stories on Twitter about people making 1 million U from 500 U, but no one has ever shared a complete, real-world trading account. Those who do exist are a minority among the minority.
Instead of dreaming of making a fortune with 3,000 yuan, it's better to first develop your OTC profit skills. The key to successful investing is stable cash flow, not expecting overnight wealth.
Start by pursuing activities that yield compounding returns: e-commerce, social media, and sales.
Over time, these industries will generate increasing income and enhance your skills.
Why?
Because investing is much harder than you think. Buying in and expecting to get rich is just an illusion. If you don't have the money, you can't wait. If you buy too little, waiting won't help.
Looking for a comeback by selling high and buying low, or leveraging your position? That depends on luck and market sense.
Practical Experience Sharing:
I often short small coins. My trading logic is:
First, look at the market capitalization. Only consider coins that are clearly overvalued.
Since the platform has a limit, I short 500U per trade. When I make a profit, I open a new account and increase my position.
How to identify overvaluation? Compare frequently, conduct more statistics, and accumulate experience.
For example, I once used 1800U to reach 4600U in just over a month.
Opening a 500U position on one coin allows you to trade three coins simultaneously—this is information advantage.
Risk Warning:
If the on-chain chips are concentrated and mostly locked, avoid it. If the market capitalization is not high, temporarily abandon it and move on to another target. Never blindly chase hot spots, and don't bet everything on one coin.
Those who survive in the cryptocurrency world aren't the most skilled at making bets, but the most calculating and adept at avoiding pitfalls.
A 3,000 yuan investment isn't a springboard to instant wealth, but rather your tuition for practicing risk management.
Want to learn how I screen for "high-priced small coins" and identify market capitalization bubbles? Contact us. We'll conduct real-world trading, no hype.
