In the cryptocurrency world, what should one do with only 3000 yuan?
The key is to make money; just avoid reckless operations, as they may lead to instant zero.
1. You can invest 2500 yuan in spot trading and try 500 yuan in contracts.
If you can accurately choose a bullish variety, in just a few days, 2500 yuan can appreciate to 5000 yuan. After deducting the 500 yuan loss from contracts, you still have 5000 yuan in principal.
2. Split the 500 yuan into five parts, with 100 yuan each, to open a contract position with ten times leverage.
With ten times leverage, a 10-point reverse price fluctuation can trigger a liquidation.
Newcomers are advised to choose isolated margin, so even if liquidation occurs, the remaining funds in the trading account will still be retained.
In contrast, using full margin can lead to an instant zero balance in extreme market conditions, which is why some people jump off buildings due to contract failures.
3. When trading in spot markets, be skilled at selecting explosive varieties: within the same time frame, certain varieties may double or even multiply several times, in just a few days or even hours.
If coupled with ten times leverage, the profit can be substantial.
This is why many people are obsessed with the cryptocurrency world.
4. For newcomers, the significance of the above methods is limited.
To achieve profitability, not only a certain trading skill is needed, but also the ability to overcome human weaknesses.
In trading, often the technical starting point determines the endpoint, and sometimes going against the grain can bring unexpected results.
5. Entering the cryptocurrency world with 3000 yuan should not lead to excessive expectations for good results.
If after a few trades you haven’t lost your principal and it remains, you have already surpassed many.