Playing in the cryptocurrency space with only 100 yuan in capital, what should I do?
#Blockchain First, think of a way to increase the capital to around 730 yuan, which is equivalent to 100 USDT, this is known as the 100 USDT warrior start. #BTC
With 100 USDT, the first step is to seize the opportunity, take half of it, which is 50 USDT, to use as margin, and with 100x leverage, you can buy 0.20 of $ETH.
If the market moves against you by 20 points, you will be liquidated, so you need to at least double it before you take action. If you do get liquidated, there will be another chance. If not, wait for it to rise by more than 50 points before selling.
This way, the capital can grow to 200 USDT. Then take 100 USDT as margin, and do it again, you can grow to 400 USDT. Next, take 200 USDT as margin, and do it again, you can grow to 800 USDT. If you operate correctly three times in a row, you can reach 800 USDT.
After reaching 800 USDT, start diversifying your positions, taking 100 USDT each time to play slowly. Even if you make a few mistakes, it’s okay, don’t rush, within a month, you can basically reach 200 USDT.
A month later, diversify into 10 positions, 200 USDT each, and if you play like this for a month, the capital can grow to 10,000-20,000 USDT. Once the capital exceeds 10,000 USDT, diversify into 20 positions, 50 USDT each. Before reaching 10,000 USDT, open positions should be timed well, using the isolated margin mode. Once the capital exceeds 10,000 USDT, you can operate with the entire margin, but be sure to manage your positions well. From 100 USDT to 10,000 USDT, it only takes 2-3 months.
Once the capital exceeds 1,000 USDT, it depends on your position management ability, whether you can resist temptation, and not blindly operate with full confidence, otherwise, you will be liquidated in one go, and there will be no chance to recover later. #ETH
Trading should not be rushed; if you rush, something will definitely go wrong. If the direction is wrong, admit it, don’t hold on, if you’re wrong, admit your mistake, stand firm when taking hits, befriend time, and take it slow!
The trend is ahead, and the layout is behind!!!
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