If you only have 3000 yuan (about 420 U) and want to use this money to turn your fortunes around in the crypto world and earn hundreds of thousands, you might need to give up that fantasy. Those influencers you see on Twitter, claiming they turned 500 U into 1 million U, probably haven't shown any real trading records. Even if there are such cases, they are merely the success stories of a very small number of people.

My advice is to first make money through a stable job outside of trading, working hard in areas that have a compound interest effect, such as e-commerce, self-media, sales, and other industries. The income from these sectors will increase with the accumulation of time, or you can continuously improve your abilities. A stable cash flow is the foundation of successful investment, not what many people think: 'It's hard to make money outside, so I turn to cryptocurrency trading.' In fact, investing is a very difficult thing and is far more challenging than making money through work.

Many people mistakenly believe that once they buy in, they can just wait to get rich. In reality, it's not that simple. If you don't have enough money, you won't see returns. If you buy little, even if you wait for an opportunity, it won't make much of a difference. If you want to achieve high sell-low buy and leverage, it all depends on your luck and skills.

I personally often short small coins. Before doing so, I will first calculate the market capitalization. For those coins that are obviously overvalued, I will choose to short them. There are some limits on the platform, and I usually start with a short position of 500 U. If I make a lot, I will open a second account and make another 500 U position. This way, I can hold two short positions at the same time.

As for how to judge whether the coin price is too high or too low, that requires experience and understanding. You need to accumulate by comparing, estimating, and statistics. There are no shortcuts.

I myself had a personal experience where I used 1800 U to increase my capital to 4600 U in a little over a month. I opened a position of 500 U for one coin, so I could open positions for 3 coins at the same time. As for these coins, I mostly choose those that have obviously high market capitalization and uneven on-chain chip distribution. Because I feel that most market makers will distribute chips on such coins rather than push up the coin price.

However, there are some prerequisites. If the on-chain chips of the coin are mostly locked up and the positions are relatively concentrated, then I do not recommend opening a position. Coins without obvious high market capitalization can also be temporarily set aside, and you can continue to observe the next opportunity.

$EDU $HAEDAL $DIA #美联储降息预期 #加密市场回调