Here's a revised version to avoid plagiarism:
When starting with limited capital, it's crucial to avoid diving into value investing prematurely or recklessly hoarding BTC. Instead, adopt a cautious approach, utilizing leverage wisely without wavering on its use.
For those starting with minimal funds, consider the following strategy:
1. Begin with zero principal by engaging in income-generating activities like food delivery, aiming to save 10,000 yuan within a few months.
2. Progress to the next stage by leveraging tenfold, trading with 100,000 yuan per transaction. Implement a 5% stop loss for each trade, allowing for two trading attempts.
3. Enter the market during favorable conditions, focusing on trend trading for optimal results.
Results may vary:
- If both attempts fail, revert to delivering food and repeat the process.
- If one out of two attempts yields â€30% profit, reinvest the profits and continue trading.
- If one out of two attempts results in â„30% profit, increase leverage to 300,000 yuan and continue the cycle.
Key points to remember:
- Leverage can expedite wealth accumulation but carries inherent risks.
- Only trade with funds you can afford to lose; avoid trading with borrowed money.
- Minimize actions and transactions, emphasizing efficiency over frequency.
- Trend trading remains a reliable strategy, prioritizing long-term gains over short-term fluctuations.
- With consistent execution, achieving your first million within approximately ten transactions is feasible.
- Alternatively, once your financial goal is reached, consider exiting the market permanently.