What should a newbie do when he starts playing with 5,000 yuan?
You can consider buying some potential altcoins. If they really soar, you will make a fortune😉. However, the risk of altcoins is much higher than others, and the market liquidity is not very good. In addition, the strength and reputation of different project parties vary greatly, and the investment uncertainty is very large. You may even encounter such a bad thing as the project party running away directly😰.
There is also participation in staking and liquidity mining🧐. Some cryptocurrency platforms will provide such services. You can study and refer to them yourself. Then there is airdrops, which you don’t need to invest in😜. In order to promote themselves and increase the number of users, some blockchain projects will organize airdrop activities and give tokens to users for free.
There is also leveraged trading. You can take 5,000 yuan as a deposit and then borrow money from the trading platform to trade, which can magnify the investment income. But oh, the risk of leveraged trading is super high😱! If the market situation is different from what you think, you may lose a lot of money, or even lose all your capital, which is called a margin call!
In short, investment is risky😕. If you invest 5,000 yuan in the cryptocurrency circle, you may make a small profit, or you may lose it all at once. You must always remember one sentence: Don't think about making wealth beyond your own cognition💰.
So, before making any investment, you must be fully prepared and understand the relevant risks clearly🤗.
If you want to seize this round of bull market, it is definitely too late to learn and sell now. It is best for someone to take you to get started quickly.
I am David, welcome to communicate!
