#CryptoUsersHit18M How to Turn $7 into $55 with #VELODROME ($0.2082, -14.74%)

#Spot Trading Strategy $VELODROME :

1. Entry Point: Buy Velodrome near $0.20 after a slight pullback.

2. Targets:

Short-term: $0.50 (2.5x profit).

Mid-term: $1.00 (5x profit).

3. Stop-Loss: Set at $0.15 to minimize losses.

4. Capital Allocation: Invest $7 without leverage for a more stable approach.

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#Futures #Trading Strategy:

1. Leverage: Use 3x leverage cautiously to boost returns.

2. Entry Point: Long above $0.22 for a momentum trade.

3. Targets:

First target: $0.50.

Final target: $0.80.

4. Stop-Loss: Place at $0.18 to limit risk.

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Risk Management:

Allocation: Split $3 for spot trading, $4 for futures.

Monitoring: Keep an eye on Velodrome’s volatility.

Diversification: Spread risk across different assets for balance.

With discipline, this strategy could maximize your returns while keeping risk manageable