💥 A Must-Read for Beginners! Practical Strategies for Steadily Entering the Crypto Space with 3000 Yuan

If you have 3000 Yuan, here is a steady and efficient starting plan to help you gradually build confidence and experience in the market:

1️⃣ 2500 Yuan for Spot Trading: Steady Appreciation

• Strategy: Select potential cryptocurrencies and perform precise operations based on market fluctuations, with a reasonable plan to achieve capital appreciation.

• Key Points of Operation:

- Focus on cryptocurrencies with significant volatility and high market enthusiasm, using technical analysis to accurately capture entry opportunities.

- If using leverage, please be cautious and avoid blindly chasing after rising prices.

2️⃣ 500 Yuan for Contract Trading: Small Scale Experiment

• Strategy: Use a single position model, dividing 500 Yuan into 5 parts, with each part being 100 Yuan, gradually entering the market with 10x leverage.

• Contract Trading Tips:

- Leverage Risk: Leverage can magnify profits, but if the market fluctuates in the opposite direction, it may lead to significant losses.

- Single Position Model: Helps to diversify risk and ensure the overall safety of funds.

- Avoid full position trading, especially during significant market fluctuations, to prevent large losses due to improper operations.

Core Suggestions for Spot Trading:

• Prioritize popular cryptocurrencies with significant short-term volatility to seize short-term profit opportunities.

• Use leverage cautiously, set stop-losses, and avoid emotional trading.

Key Reminders:

• Adjust Your Mindset: Set reasonable expectations before entering the market to avoid the fantasy of “getting rich overnight.” Gradually accumulate experience and keep the principal safe is the primary goal for beginners.

Additionally, you may want to learn about 𝒑𝒖𝒑𝒑𝒊𝒆𝒔 on the Web3 Ethereum chain; there might be surprises.