Funds below $100,000 are not suitable for buying ETH and BTC because it's indeed impossible to rely on BTC and ETH to turn things around. For amounts above $100,000, you can allocate 10% to BTC and ETH. As your capital increases, for example, reaching $1 million, you can allocate up to 90%, and for amounts above $10 million, you can allocate up to 95%. Each capital stage has different ways to play and paths to survival. Do not blindly learn from anyone.
In the stage of $10,000 to $100,000, if the market is bad or exceptionally good, you might try to short contracts and end up stuck halfway. This is because they see hope and want greater success but don't want to waste a downturn. They believe they are trading geniuses or that the direction pointed out by some famous figures regarding Bitcoin is the absolute truth, and then they are caught off guard by unexpected market movements. After a night of sleeplessness, they find themselves close to liquidation but still firmly believe in their chosen direction, continuing to add margin until they have transferred all their spot account funds to the contract account, only to realize they have no way out. They just need to endure this most difficult phase of the market, convinced that all losses will eventually be recovered. They are no longer thinking about making profits but just hoping to break even, anxiously checking the account every few minutes, fearing liquidation. Tense, they just want to smoke a cigarette and drink some water to calm their anxiety, with their back tense. They have been tortured for several nights around their liquidation price, thinking that dawn is near. With bleary eyes, they wake up one day, check their account and see it's okay, not liquidated, get up, relieve themselves, wash their face, still fearing that the position will explode, glancing back at the phone while washing their face, relieved to find it still intact. Just as they close the bathroom door, their phone vibrates three times in their pocket. They hurriedly check their phone, and the screen shows three messages: two prompt for margin calls, and one is a liquidation notice. Their brain goes blank, and they still can't believe it. Reluctantly, they open the app that has kept them awake for nights, only to find it empty—no open orders, just a blank screen. They don't want to accept this reality, slapping their head and grabbing their hair, switching to total assets, and see 0.3u... They smoke a cigarette, check the app again, and still see 0.3u... They open a borrowing app and remember there's still some credit available. They check WeChat and find a micro-loan notification indicating there’s still $15,000 available. Unwilling to accept the situation, they apply but receive a message saying the product is temporarily unavailable. Thinking about the various loans of $26,000 due this month and their monthly salary of $7,000, they lower their head and ask friends and siblings for help, not daring to mention crypto trading, only saying they need a few thousand for renovations. They manage to borrow $30,000 smoothly, thinking that after paying this back, they will be broke again and dive back in. Looking at their account with $5,000, originally with a 10x contract, they believe they can quickly recover their losses and directly open a 20x position, thinking it absolutely cannot go up anymore. After opening the position, they pretend to chat calmly in the group. Suddenly, a Twitter notification pops up: BlackRock has increased its position by 20,000 BTC today. They immediately switch to the app and see a nearly 4% bullish candle. At the same time, their phone vibrates three times again. They know it's too late; everything is over... Countless debt collection messages and phone calls from various loan platforms bombard them, with inquiries from parents asking if they owe a lot of money... Regret, self-blame... They rummage through all their previously used accounts and addresses like a lazy gambler, checking if there are any leftover funds, going through their bank cards to see how much is left. They start making up lies to those around them and begin to deceive... Their once-active presence in the group is no longer there; the person who could speak 800 words a day has vanished, and they no longer comment on the upcoming market. Others even think they made a profit on some coins and are no longer trading crypto. Well, they indeed aren't trading anymore... because they have no money to trade. Years later, after a round of bull and bear markets, they finally catch their breath outside. They have resolved most debts, but still cling to the losses in the crypto space, firmly believing that this is the only place to turn things around. 'I must get back what I lost!' They return... carrying the lessons of past losses, ready to accept the market's baptism anew! Cautious and after many trials, they stand back on the $100,000 mark! They have transformed back into that confident crypto trader boy but still carry an inescapable fear and respect for contracts.
With small funds, the first rule to survive is not to go all in with leverage on contracts, and avoid touching Bitcoin and ETH. It's best to operate altcoins based on the peaks and troughs of Bitcoin. If you have less than $1000, you shouldn't be playing with 'shitcoins' or Bitcoin and ETH; you can only trade on exchanges with low fees. Moreover, individuals with this amount of capital have very poor cognitive abilities and safety awareness. It's best to trade within exchanges first. If you happen to reach $10,000 through luck, you can use 5% of your funds to try some 'shitcoins' on-chain. At this stage, whether making money or losing money, you must run immediately and hold onto your precious principal.
If you have just entered the market, come to me, follow me, and I will teach you how to learn and operate at the same time.
If you are already in a less than ideal situation, you can come to me for help. I won't let you repeat the same mistakes. If your positions are trapped, I will provide reasonable solutions based on your entry points.
Since each person gets trapped at different points, the methods to resolve them will also differ. Some are suitable for conservative investors, while others are for aggressive ones.
I will definitely use the most appropriate methods to effectively solve your problems and assist you in exiting. #美国加征关税 #币安合约将上线JELLYJELLY
