For new players, if you come in with 30,000 to 50,000 to trade cryptocurrencies or do contracts, it's definitely not worth it. Taking 50,000 as principal, for example, in ETH perpetual contracts, a 30% drop means a 100% loss. With 100x leverage, it means you would lose 5,000. That's most people's monthly salary, which is quite a lot. And for beginners, even 50,000 seems too much. Actually, using a month's salary is best, around 1,000 USD. When I first traded cryptocurrencies, I used a few hundred dollars, purely for fun, and I ended up losing it all. At that time, I didn't really look at the direction or the overall market trend; I just opened positions based on my feelings, and the results were predictable.

The vast majority of beginners cannot handle the daily fluctuations of a 50,000 principal. Of course, you can't just trade with small amounts for a lifetime. But if you want to use a large amount, you must have the capability. Only when you get used to the daily fluctuations of your current funds and have a stable trading system, can you double your principal in one or two months, and then increase your capital. If you turn 1,000 USD into 2,000 USD, you can try using 10,000 USD. Not to mention a bull market, even in a sideways market, if you have a pattern strategy, small funds can double very quickly. If you haven't doubled your small funds in three months, it indicates that your operating methods and strategies definitely have issues that need improvement. Of course, even if your principal doubles in a short time, you still need to adapt for a period.

With 2,000 USD, it's certainly possible to have fluctuations of 200 USD up and down in a day, equivalent to over 1,000 in quick cash. If the market is bad and you're wrong on direction, it's normal to lose a few hundred dollars in a day. If you haven't adapted to this volatility, even with your operating strategies and methods, your emotions will greatly affect your operations. You may hesitate when you should expand profits and be indecisive when you should cut losses, which can lead to liquidation. At this point, it's easy to get overwhelmed, and in the end, you could lose everything.

Success is not accidental; opportunities are also reserved for those who are prepared. Follow me, a captain skilled in combining medium and short-term swing arbitrage, here to accompany you on your cryptocurrency trading journey. No matter the market conditions, I will walk this path with you.

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Impermanence brings

Impermanence brings

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