If you don’t want a one-day trip, read this article carefully. Turning 3000 yuan into 1 million, let me share some practical advice! See how I turned over 1100 U, equivalent to 8000 yuan, into millions in just a month through compound interest trading!
The core message is: leverage contract trading to amplify profits!
But don't rush to get in, first convert this 3000 yuan into 400 U (approximately 400 US dollars)
Let's take it step by step:
Step 1: Turn small capital into a snowball (300 U to 1100 U)
Every time take out 100 U to play, focus on the recent popular coins. Remember two things:
① Take profit as soon as you double your investment (for example, if 100 becomes 200, stop immediately) ② Cut losses if it drops to 50 U. If lucky, winning three times in a row can roll up to 800 U
(100-200~400~800). But take profits when they are available! Play a maximum of three rounds; if you make around 1100 U, stop. This stage relies heavily on luck; don’t be greedy!
Step 2: When you have more money, start using a combination strategy (starting from 1100 U)
At this time, divide your funds into three parts to play different strategies:
1. Quick in and out (100 U)
Focus on 15-minute fluctuations, such as Bitcoin+/Ethereum+, those more stable coins. For instance, if you see Bitcoin suddenly surge in the afternoon, follow the trend, grab a 3%-5% profit and exit, like a street vendor, with small profits through high sales.
2. Zen-like dollar-cost averaging (15 U weekly)
Every week, I regularly invest 15 U in Bitcoin contracts (for example, if it’s currently 50,000 dollars, and you believe it will rise to 100,000 in the long run). Treat it as saving; don’t panic if it drops, just wait for half a year to a year. This is suitable for those who do not have time to watch the market.
3. The main event is trend trading (put everything else on it)
Seize the big market opportunities decisively! For example, if you find out that the Fed is going to cut interest rates, Bitcoin might skyrocket, go long immediately. But you must think ahead: how much to profit before you leave (e.g., double your investment), and how much to accept as a loss (at most 20%). This move requires news awareness and technical analysis; beginners shouldn’t act recklessly!
Important reminder:
Never bet more than 1/10 of your capital at a time; don’t be reckless!
② Always set a stop-loss for each order!
③ Play a maximum of 3 trades a day; if feeling restless, just play a game instead
④ Withdraw profits when you hit your target, don’t think about ‘getting one more wave’!
Remember: those who rely on this method to turn their fortunes are tough; they are harsh on others and even harsher on themselves.
Treat trading coins as a job, clock in and out at regular hours
In the first few years of trading coins, like many others, I stayed up all night watching the market, chasing highs and cutting losses, and lost sleep over it. Later, I gritted my teeth and stuck to a simple method, surprisingly I survived and gradually started to walk steadily towards profit.
Looking back now, although this method seems foolish, it works: 'If I don’t see the signals I’m familiar with, I absolutely won’t act!'
Better to miss the market than to place orders recklessly
With this strict rule, I can now stabilize my annual profit rate at over 50%, and I finally don’t have to rely on luck to survive.
Here are a few safety tips for beginners, all based on my real trading losses:
1. Trade only after 9 PM
During the day, news is too chaotic, with various false positives and negatives flying around, making the market jump around unpredictably; it's easy to get trapped.
I usually wait until after 9 PM to operate, by then the news has stabilized, and the K-line is cleaner, making the direction clearer.
2. If you make a profit, immediately secure it
Stop always thinking about doubling your money! For example, if you made 1000 U today, I suggest you withdraw 300 U to your bank card immediately, and continue to play with the rest.
3. Look at indicators, not feelings
Don’t trade based on feelings; that’s just blind.
Install TradingView on your phone, check these indicators before placing an order:
·MACD+: Is there a golden cross or death cross?
·RSI+: Is there overbought or oversold?
·Bollinger Bands+: Is there a contraction or breakout?
Consider entering the market only when at least two of the three indicators give consistent signals.
5. Must withdraw profits weekly
Non-withdrawn funds are just a numbers game!
Every Friday without fail, I transfer 30% of my profits to my bank card, and continue to roll the rest. Over time, this builds a thicker account.
6. There are tricks to reading K-lines
For short-term trading, look at the 1-hour chart: if the price has two consecutive bullish candles, consider going long
, if the market is stagnant, switch to the 4-hour chart to find support lines: consider entering when it falls near the support level
7. Never step into these traps!
, do not exceed 10x leverage, it's best for beginners to keep it within 5x
Avoid coins like Dogecoin and shitcoins, they can easily lead to losses
Make a maximum of 3 trades a day; too many can lead to loss of control
Absolutely do not borrow funds to trade coins!