Can you really make money trading contracts?
You can make money, but it may not be you who can earn it.
It's the outstanding individuals.
Newcomers should learn more from experience.
Do not invest too much.
You should have a sufficient understanding of your trading abilities. Start with small funds; this is my first piece of advice for newcomers entering the market.
Trading is such a professional matter.
It requires professional learning and training.
The cryptocurrency market is highly volatile. You only need to catch one big market movement in a lifetime. Many people never manage to catch a significant move; they just keep flipping back and forth in short trades, losing and earning, without holding onto profits, only to lose them again in the next wave.
Work diligently, study contracts seriously, but do not trade with heavy positions. Use light positions to gradually compound from 5000 to 50000. This process is the hardest, but it nurtures trading character. During this process, you can develop your own trading system, which can later be modified for other speculative markets.
Then, use the same method of compounding from 50000 to 100000, 100000 to 200000, 200000 to 500000. Once you reach this point, you are not far from success, and you will find that you have already developed a stable method for earning profits, bringing you just one step away from becoming a millionaire.
The essence of trading profit is not complicated; it's just spring planting and autumn harvesting. While fertilizing and tilling the soil are necessary, they are not essential. Even the best seeds need the right climate to germinate, and the germinated seeds need enough time to grow, blossom, and bear fruit. You need to be patient; pulling up seedlings will not help them grow. The most important thing is that if the climate is poor that year, no matter how much you plow and fertilize, it will all be in vain. Accepting this fact will help you know what to do.
In life, you only need two bull markets, and you only need to be rich once.
Friends who are currently confused and lack direction in trading, leave a comment 1; this bull market will help you come ashore.