First of all, starting with 3000 yuan in the cryptocurrency market is enough.

It’s not about having a lot of money, but about making a profit; random operations can lead to instant zero.

1. You can use 2500 yuan for spot trading and 500 yuan for contracts, see the chart.

If you can pick such a one-sided skyrocketing variety, then in just three days your 2500 can become 5000, meaning you already have a capital of 5500 yuan. Remove 500 yuan because newcomers trading contracts usually face instant liquidation!

2. 500 yuan can be divided into five trades of 100 yuan each with a tenfold leverage. If the price moves in the opposite direction by 10 points with 10x leverage, it will liquidate. Newcomers are advised to use isolated margin, because even if it is liquidated, the remaining funds in your trading account will still be there. In contrast, if using the full margin, your account can instantly go to zero in the event of a sudden market spike! This is the reason why some newcomers jump off buildings after losing in contracts!

3. When doing spot trading, you must know how to choose skyrocketing varieties: the same variety can double or even multiply several times in the same period, which can happen in just a few days, or even in a few hours. This is why many people are obsessed with the cryptocurrency market. This is just for spot trading; what if you add tenfold leverage?

Regarding how to choose a skyrocketing variety, you can follow me, and I will share it for free in my future articles.

4. The methods mentioned above are not very meaningful for newcomers, because to achieve profitability, one needs certain trading skills and to overcome human nature. Trading often starts with technology but ends with human nature!

5. If you enter the cryptocurrency market with 3000 yuan, don’t expect too much from the results. If after a few trades your principal is still intact, you are already much smarter than others!

Finally, I wish everyone happy trading!

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