If you want to increase your investment from 10,000 to 10,000,000, it is easiest to rely on contracts. However, you should also take some precautions to protect yourself and not operate blindly.

1. Risk control: strictly control positions and do not overweight any one

Altcoins, avoid over-concentrated investment.

2. Capital management: Invest with spare money, stay away from borrowing, and avoid using leverage to avoid being left with empty-handed investments.

3. Trading strategy: Buy low and sell high, do not chase rising prices and sell falling prices, formulate and execute trading plans.

4. Long-term investment: Hold high-quality coins for a long time, make appropriate periodic swings, and patiently wait for market opportunities.

5. Avoid frequent trading: The more you trade, the more mistakes you make.

Reduce unnecessary transactions and lower costs.

6. Market analysis: Using technical analysis and market sentiment indicators

Indicators, such as MACD, trading volume, etc., are used to assist decision-making.

7. Stop loss and stop profit: Set reasonable stop loss and stop profit points

Points, control losses and protect profits.

8. Stay calm: Cryptocurrency trading is all about mentality. Greed and fear are the biggest harms. Maintain a good mentality and avoid emotional trading.

9. Continuous learning: In-depth study of cryptocurrency knowledge and blockchain

Don’t enter the market easily before you understand the principle. 10. Stay away from high-risk behaviors: avoid contract leverage, borrowing

High-risk behaviors such as borrowing to trade cryptocurrencies and short-term operations