Let's just say, can ordinary people really rely on trading cryptocurrencies to achieve a turnaround?
In a bull market, altcoins can only rise for 1 to 2 weeks, with increases of 3 to 10 times not being unusual.
If you want to earn your first million in the crypto space, especially when your capital is pitifully small, you might really have to go down the path of contract rolling.
If you have enough capital, making a million is no big deal, it's quite easy. But if your capital is indeed pitifully small, just a few tens or hundreds of dollars, contract rolling might be the strategy I can suggest.
Take popular coins as an example, if one day it rises by 30%, and you have a small amount of 50 to 100 U, you can watch for a low point, use 20x leverage to go long, and then continuously use the profits to buy more, that’s rolling.
If you happen to catch a day when it rises by 30%, hey, your returns can be impressive, possibly reaching 5000 to 10000 U. Just like the coins turbo, not, and people that have recently surged, rolling operations are quite enjoyable.
However, a 20x leverage carries significant risk; if the market pulls back slightly, you could lose everything. So, using 10x leverage might be safer. Although the returns may not be as high as with 20x leverage, the margin for error is much greater.
If the rolling is successful, even if there are mistakes in later operations, you might only lose your initial 50 dollars at most.
If you have a feel for the market, or some skills, along with a stroke of luck, even with just 50 dollars, it’s possible to double your investment.
But if you lack luck and skills, even with 500 million in capital, you could lose it all. So, even if you want to test the waters, just invest 50 U, don’t throw all your money in blindly.
If you’re not good with contracts, spot trading is also worth considering. Recently, we’ve secured doubles with AFT and PORT3, which have genuinely brought everyone doubling profits. Today, we are preparing to ambush another project that could double in the short term, so if you want to know more, grab the opportunity☝🚗
