The principal is small, and if I want to earn my first million in the crypto world, I can only use this method!!!
If you have enough capital, then making a million is not difficult at all. If the capital is really too small, the only help I can offer is contract rolling.
Usually, if a popular coin rises by 30% in a day and you only have a small amount of $50 to $100, you can choose to long with 20x leverage at a low price and continuously roll profits (i.e., reinvest profits).
If the increase really reaches 30% that day, your profit could be between $5,000 and $10,000. For example, recently strong performing coins like turbo, not, and people are very suitable for rolling operations.
However, 20x leverage carries high risk, and even a slight market pullback could lead to losses. Therefore, using 10x leverage might be a better choice; although the expected return will decrease, the margin of error will significantly improve.
Once you successfully roll over, even if you make a mistake afterward, your loss is limited to the initial $50.
If you have a certain market perception or skills, and you are lucky, then even with just $50, you might double your investment.
On the contrary, if you lack luck and skills, even with 500 million in capital, you could still lose it all.
Therefore, even if you start from trial and error, you only need to invest $50 instead of blindly pouring in a large amount of capital.
The market has stabilized, and the targets that Old Li has been researching for a long time are about to be laid out.
Each expected target has an increase of over 30%.
For those who like spot trading and have over 1000 USDT to invest.
Leave a comment in the comment section, let me see!!!
