Is it very difficult to turn a few thousand into the first million through contracts?

Let me share a few practical methods I used when I first entered the crypto space,

The core idea is one sentence: leverage contracts to magnify profits! But don't get carried away.

For example, if you have around 3000, first convert it to 400-500U, then take two steps:

Step 1: Small capital snowball

Every time take out 50-100U to play, specifically targeting recently popular small coins.

Remember two things:

① Run away as soon as you double your money (for example, if 100 turns into 200, stop immediately)

② Cut loss immediately if you lose 50%. If you're lucky, you can roll it up to 800U (100-200-400-800)

Play a maximum of three rounds, if you can make around 1000U, stop. At this stage, it’s largely based on luck, don’t be greedy!

Step 2: When you have more money, go for combination tickets, around 1000U

At this point, divide the money into three parts to play different strategies:

1. Short-term operation: quick in and out

Focus on mainstream coins: the 15-minute ups and downs of Bitcoin/Ethereum, for example, if you see Bitcoin suddenly surge in the afternoon, immediately follow the trend and make a quick profit of 500 points and run.

2. Zen-style regular investment: long-term holding

Every week, regularly use a few dozen U to buy Bitcoin contracts (for example, if it’s 50,000 now, you think it can rise to 100,000 long-term) treat it as a piggy bank, don’t panic if it drops, wait for a year or so, suitable for people who don’t have time to monitor the market.

3. The main event: stable trend trades

Act decisively when you spot a major market trend! For example, if you find out that the Federal Reserve is going to cut interest rates, Bitcoin may surge, then directly open a long position. But you must think ahead: how much to take profit (for example, when it doubles), and how much to accept loss (strictly control stop-loss).

The premise is to be able to read news and understand technical analysis, beginners should not act blindly!

The most important thing with contracts is to control your psychological quality well. If you can do the above points along with these useful methods, your first bucket of gold in the crypto space will not be too far away!