If you want to turn 5000 yuan into 50,000 by trading cryptocurrencies, the core logic is clear: use contract trading to amplify profits. But don’t rush blindly; first, convert 2000 yuan into about 300U, and follow the two steps below steadily to avoid pitfalls.
Step 1: Snowballing with small capital (300U → 1100U)
At this stage, the focus is on 'testing the waters, accumulating capital', entering with only 100U each time, specifically targeting recently popular cryptocurrencies, remember two iron rules:
1. Run when you double your earnings: For example, if 100U rises to 200U, immediately stop, don’t be greedy;
2. Cut losses at 50U: If losses reach 50%, decisively stop loss to avoid further entrapment.
If you're lucky enough to win three rounds in a row (100U→200U→400U→800U), then add a few small profitable trades, you can quickly roll up to around 1100U. But be careful: play a maximum of three rounds and take profits! At this stage, luck plays a large role, and greed can easily lead to losing your capital back.
Step 2: After doubling the capital, move to 'comprehensive strategies' (starting from 1100U)
With 1100U capital, don’t rely solely on luck, split it into three parts using different strategies, diversifying risks while amplifying returns:
1. Quick in and out style (100U)
Focus on major coins like Bitcoin and Ethereum, doing short-term trades on 15-minute charts. For example, if you see Bitcoin suddenly surge, immediately follow with a small position, earning 3%-5% before exiting - like 'street vending', small profits from many sales, don’t linger in battle, earn a little every day and accumulate wealth.
2. Buddhist-style regular investment (15U weekly)
Invest a fixed 15U weekly in Bitcoin contracts (for instance, if you judge that Bitcoin can rise from 50,000 to 100,000 in the long term), treating it as a 'digital piggy bank'. Don’t panic if it drops in the short term; wait for the market to explode in the long term, suitable for those who don't have time to monitor frequently or don’t want to trade often.
3. The main event: Trend trades (bet all remaining funds)
This is the key to driving up returns, but you must 'wait for the right moment to strike'. For example, judge through news that the Federal Reserve is likely to cut interest rates (which is positive for cryptocurrencies), or through technical analysis discover a strong upward trend for Bitcoin, then decisively open a long position.
Core premise: Set goals in advance - run when you've doubled your earnings, and stop loss at a maximum of 20% loss. Newbies should not try this strategy before learning to read news and analyze technicals!
4 life-saving reminders, none can be missed!
1. Position limit 1/10: Each order must use no more than 1/10 of the capital, absolutely no all-in, leaving enough margin for error;
2. Always set a stop loss: No matter how confident you are, always set a stop loss in advance to avoid losing all your capital on a single trade;
3. Limit to 3 trades per day: When you feel like trading more, distract yourself by playing games; frequent trading will lead to losses;
4. Withdraw when you reach your target: Once you reach a milestone (like increasing to 50,000), immediately withdraw a portion of the money from the market, don’t think about 'making another wave'; securing profits is what truly matters.
To be frank: Those who use this method to multiply tenfold are 'tough people' - they are tough on market volatility (neither greedy nor fearful), and even tougher on their own operations (strictly adhere to the rules). Before having this mindset, start practicing on simulated accounts, don’t gamble real money on luck.
