A fan asked, he plans to invest 5000 yuan in cryptocurrency, how can he play to earn 100,000?
I believe many friends also want to know if it is possible to earn? I tell you, it is. Turning 5000 yuan into 100,000 means 20 times. You will need about 3 bull-bear cycles. One bull-bear cycle is 4 years, so three bull-bear cycles would be 12 years. You must stick to a methodology for 12 years.
First, ask yourself if you can do it?
When you have confirmed your inner self, and feel that you can indeed turn 5000 into 100,000, and can persist for more than 10 years, with a clear logical methodology.
You only buy BTC and ETH, accumulating positions during bear markets. If you don't know how to accumulate, then just do DCA passive investment during the bear market, can you understand?
Then hold until the peak of the bull market. How to identify the peak of the bull market? I will tell you the simplest method: it is the 120-day moving average.
If it falls below the 120-day moving average, it can be seen as a bull turning into a bear. Then combine with time judgment, for example, in this bull-bear cycle, the peak is expected to be in 2025.
After one cycle, your assets should have a return of 2-3 times. Persisting for 3 cycles, your assets will have a return of 20 times.
The hardest part of this methodology is actually the unwavering persistence, the undistracted persistence. No hesitation, no discouragement. It’s still quite difficult to say. Anyway, with all methodologies, the hardest part of achieving success is persistence, but the success rate is quite high. Are you willing to give it a try?
Surely there will be people asking, what if I use 5000 yuan for contracts?
It is very likely that you can reach 100,000 in a very short time. Previously, a fan followed me with more than 1000 U to do contracts, and within a month reached 20,000 U, so contracts are definitely much quicker than spot trading.