If you want to lose all, just sign the contract.
Many people think that contracts can make money quickly, but this is a misunderstanding.
If we look at the spot market from a longer-term perspective, in a bull market of one and a half years, the earnings of three coins that have increased 5 times would be 5×5×5=125 times, which is 125 times.
Assuming you take 50,000 yuan as the principal, 5×125=6 million yuan. Is it exciting? Is it tempting?
Don’t exaggerate. In every bull market in the cryptocurrency circle, many coins with a hundred-fold increase and a few with a thousand-fold increase will be born. As for 1-10 times, if you buy the coins listed on the big exchanges at the beginning of the bull market, it is not difficult to get 5-10 times as long as you hold on to them.
Let me give you an example and explain it briefly.
Xiao Ming had a capital of 50,000 yuan. He went all in at the end of the bear market and the beginning of the bull market (a leader in a certain sector), and then held on to it. In the middle of the bull market, his capital increased tenfold, and he now had 500,000 yuan.
Then go all in on the new public chains and hot coins in the bull market, such as dot, uni, sol in the last round. At the very least, as long as it is a new hot coin in the bull market, there will be at least 5-10 times of room for growth. Taking 5 times as an example, 50×5=2.5 million. At this time, you will have 2.5 million.
You can be more cautious in the following operations, and you can run after getting 1-2 times the profit. Or, when the bull market is going on and Bitcoin has a big correction, you can go all in.
Group data: In a bull market, Bitcoin has at least two pullbacks of more than 50%, and at least 10 pullbacks of 20%-30%.
As long as the bull market has not ended, buy when the market plummets.
If you are bolder, you can invest 2.5 million and look for new public chains and new hot coins. If you are lucky, you may get A8. If you are unlucky, as long as the bull market is still there, you don’t have to worry about the principal being drastically lost.
This kind of spot rolling operation seems simple, but it actually tests one's ability to integrate knowledge and action.
One thing to note when going all in: buy coins from big exchanges.