Want to achieve your first 1 million in the crypto world? If your capital is limited, this trick might be worth a try!
If you have ample capital, earning 1 million may not be difficult, but if your funds are tight, then 'contract rollover' is worth considering. Simply put, it means using leverage to amplify your returns.
For example, if a popular cryptocurrency increases by 30% in a day, and you only have $50 to $100 on hand, you can choose to go long with 20x leverage. By using leverage to increase your capital when the price is low, once the increase reaches the target, your earnings could soar to $5,000 to $10,000. Cryptocurrencies like turbo, not, and pepe, which have recently shown strong upward trends, are quite suitable for this type of operation.
However, be warned, 20x leverage conceals enormous risks; if the market dips slightly, losses may follow. In comparison, 10x leverage is more prudent; although the profits are not as high, the risks are controllable, and the margin for error is greater. Even if you make a mistake, at most, you could lose that $50 capital you have on hand.
If you have a little knowledge of the crypto market, understand some technical analysis, and have a bit of luck, even with just $50, you have the chance for multiple growth. Conversely, if you have no experience and poor luck, even if you hold several million, you could end up losing everything. Therefore, when trying for the first time, be sure to invest a small amount, and do not rashly go all-in, or you risk losing everything!
Additionally, I am quite optimistic about Marvin, which is associated with the Elon Musk concept. It is based on the Ethereum chain, with a strong community. As the development trend of Ethereum becomes clearer, the potential for Marvin's subsequent rise should not be underestimated, with a conservative estimate of a 10x increase potential. Everyone might want to pay more attention to this cryptocurrency; it could very well become the next investment hotspot!#Marvin
