In the crypto world, turning 3,000 yuan into 1 million is not impossible, but you need to be on the right path.

In fact, starting with 3,000 yuan is sufficient; the key is not about having more or less money, but being able to earn steadily; if you operate blindly, you can lose it all in an instant.

You can use 2,500 yuan for spot trading and try 500 yuan for contracts, depending on the market chart for operations. If you can pick a type that experiences a sharp increase, in three days, 2,500 yuan could turn into 5,000 yuan, making your principal 5,500 yuan. However, that 500 yuan for contracts, if a newcomer trades it, is very likely to be liquidated quickly, so consider it as tuition.

The 500 yuan for contracts can be divided into five parts, using 100 yuan each time to open 10x leverage. With 10x leverage, if the price moves 10 points in the opposite direction, it will be liquidated. Newcomers are advised to open positions gradually, so even if they are liquidated, the remaining money in the account is still there. Full positions are different; when encountering sudden volatile 'spike' markets, the account could be wiped to zero in an instant! There have been newcomers who lost in contracts and couldn't handle it, simply because they used full positions.

For spot trading, you need to learn to choose types that can experience explosive growth. In the same timeframe, these types can double or even multiply several times; sometimes it happens in a few days, or even in a few hours. This is also why many people become fascinated with the crypto world; this is just spot trading, and if you add 10x leverage, the volatility is even more terrifying.

As for how to select these explosive growth types, everyone can follow me; I will share for free in future articles.

However, what I've mentioned above is not very significant for newcomers. Because to make a profit, one not only needs trading skills but also must overcome human nature. Trading often starts with skills but ends up falling due to human nature. If you enter the crypto world with 3,000 yuan, don't expect the outcome to be too good. If you have done a few trades and your principal is still intact, you are already better than many people.

Finally, I wish everyone smooth trading!

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