The time it takes to accumulate the first pot of gold in the currency circle varies from person to person, but the key lies in strategy and mentality.
If the principal is limited, spot trading may not be the first choice for rapid appreciation. Imagine that even if two thousand yuan doubles, it will only increase to four thousand, and this requires good luck to meet the real potential currency. Frequent position changes are like drifting in the sea of currencies. You may end up just standing still or even regressing, while steady holders may move forward steadily.
For investors who are eager for rapid growth, contract trading seems attractive, but it actually hides risks. It requires extremely high professional knowledge, keen judgment and indispensable luck, all three are indispensable. In a volatile market, especially in a fluctuating market, the risk of long and short explosions cannot be ignored. Therefore, if you are not a professional player and the timing is wrong, it may not be a wise move to easily get involved in contracts.
The most prudent advice may be to deploy spot in the early stage of the bull market. At this time, the market enthusiasm is high, and you may be lucky enough to catch a miracle currency with a fifty-fold or a hundred-fold increase. Of course, this also requires vision and patience.
Recently, I am working on some potential spot projects, aiming to achieve steady value-added. If you are also interested in spot or contract trading, please follow my steps and witness the ups and downs and opportunities of the market together. For more details and strategy sharing, please click on my avatar, and let us explore the infinite possibilities of the currency circle together!
