Can you really make 1 million with 3000 in the crypto world? Is there really such a high wealth effect in the crypto world?
First, the answer: there is a chance, but you can only do contracts, and you also need a bit of luck.
Three thousand in the crypto world is about 400 USD!
Recommended optimal strategy: contracts
Use 100 USD each time, gamble on trending coins, and set proper take profit and stop loss.
100 turns into 200, 200 turns into 400, 400 turns into 800.
Remember a maximum of three times! Because the crypto world requires a bit of luck; every time you gamble like this, it's easy to win 9 times and lose once!
If you pass three rounds with 100, then your principal will reach 1100 USD!
At this point, it is recommended to use a three-pronged strategy.
Trade two types of orders in a day: ultra-short orders and strategic orders; if an opportunity arises, then enter trend orders.
Ultra-short orders are used for quick strikes, at a 15-minute level.
Advantages: high returns
Disadvantages: high risk
Only trade major coins.
The second type of order, strategic orders, is to use small positions.
For example, use 15 USD with 10x leverage to trade contracts at a four-hour level.
Save the profits and do regular investments in major coins every week.
The third type, trend orders.
Medium to long-term trading, go directly when you see a good opportunity.
Advantages: more profits.
Find the right price levels.
Set a relatively high risk-reward ratio.