How to turn 3000 yuan into 1 million in the cryptocurrency world?
Can you make 1 million with 3000 yuan? The strategy for getting rich in the cryptocurrency world is here!!
This question is tailored just for me, and as someone who has been through it, I will provide a detailed answer.
In 2018, I entered the cryptocurrency world with 3000 yuan to experiment, summarizing replicable methods and techniques as well as real trading records, and by 2020, I had earned 1 million.
Below is pure practical advice; if you read this article carefully, you will benefit for a lifetime.
3000 yuan in the cryptocurrency world is about 400 USD!
Recommended optimal strategy: Contracts
Use 100 USD each time to bet on popular coins, and set stop-loss and take-profit levels.
100 turns into 200, 200 turns into 400, and 400 turns into 800.
Remember, a maximum of three times! Because the cryptocurrency world requires a bit of luck, each time you go all in like this, it's easy to win 9 times and lose once!
If you pass three rounds with 100, then your capital will reach 1100 USD!
At this point, it's recommended to use a three-fold strategy to play.
Trade two types of orders each day: ultra-short orders and strategy orders, and if an opportunity arises, then enter trend orders.
Ultra-short orders are for quick strikes, at a 15-minute level,
Advantages: high returns
Disadvantages: high risk
Only do major coins like Bitcoin or Ethereum.
The second type of order, strategy order, is to use a small position.
For example, use 15 USD at 10x leverage to trade at a 4-hour level.
Save the profits and invest in major coins weekly.
The third type, trend orders,
Medium to long-term trading, go directly when you spot a good opportunity.
Advantages: higher profits
Find the right entry point
Set a relatively high risk-reward ratio.
In mid-November, I advised fans to position for XRP long-term, with the entry point around 0.8, and the highest price currently at 2.49, achieving a 207% increase. This also multiplied the position by 7-8 times.
For friends who are confused about trading right now, comment and leave a message with 111, to help you get rich.
$XRP $BTC $DOGE