Dao Ge's sincere thoughts for brothers who only have a few thousand yuan budget
1. How to allocate money
If you have 3,000 yuan to invest in the cryptocurrency circle, it is better to divide it like this:
1. Spot trading (2,500 yuan): We have to take it step by step and find those coins that seem to have great potential and can rise a lot at once. If the market is good and it rises unilaterally, this 2,500 yuan may soon become 5,000 yuan.
2. Contract trading (500 yuan): Try the water with this 500 yuan first. Divide it into five parts, 100 yuan each, and then use 10 times leverage, and only open one position at a time. You have to know that leverage can make you earn a lot, but if the market goes against 10%, your position will explode and the money will be gone. So use the position-by-position mode, so that even if you lose, you will only lose the money of this position, and you will not lose all 500 yuan. Don't go all in. If you encounter an extreme market, you will really lose everything.
2. Tips for spot trading
Choose the right coin: Look for coins whose prices can fluctuate greatly in the short term and rise as soon as they are said to rise. Then you have to study the market carefully and wait for the right time to enter the market, so that the chance of success is high.
- Don't use leverage indiscriminately: You can make more money by using leverage, but don't get dizzy when you see the price of the coin rising all the time. If you keep chasing high, you will be trapped at a high position and you won't be able to take out the money.
3. Difficulties that novices have to overcome
If you want to do well in the currency circle, it is not enough to just know the trading strategy, you also have to control yourself. People are greedy, afraid, and impulsive at times, and these emotions can be fatal in the currency circle. At critical moments, you have to think the other way around, don't follow everyone and make a fuss, so you may get unexpected gains.
4. Be aware of it
If you come to the currency circle to invest in 3,000 yuan, don't always think about getting rich all of a sudden. Many novices lose everything at the beginning. If you can keep the 3,000 yuan principal after a few transactions, you are better than many people. You must be calm when investing and have a long-term plan. This is the key to making money all the time.
5. Potential coin opportunities
Recently, I found a coin with great potential. I feel that it will rise sharply soon. If you are interested, you can click like and ask me. #BTC投资案未获微软股东同意 #doge⚡ #pepe⚡ #puppies币