How to make 100,000 from 5,000 in the cryptocurrency circle?
1. Discover potential altcoins and seize the opportunity of 20 times.
2. Use the rolling strategy to continuously roll positions in contract transactions to pursue higher returns.
Key tips:
1. Get rich by altcoins, but don't blindly follow the trend, make rational choices.
2. The market fluctuates greatly in the bull market, but there are also opportunities to make money. In the bear market, you must remain rational and not blindly follow.
3. Be cautious when building a position, choose mainstream currencies as the starting point, and gradually expand to altcoins.
4. Be patient, don't be greedy to add positions when rising, don't hold blindly when falling, and adjust positions in time according to market conditions.
5. Bitcoin is the leader of the currency market, and it is wise to maintain a good relationship with it.
6. The value of altcoins lies in continuous innovation, but we must also be wary of the risk of value collapse. The value of Bitcoin lies in its stability and immutability.
7. Only Bitcoin and Ethereum are suitable for left-side trading, and altcoins are more risky.
8. Position management is crucial. When the price is rising, it is not advisable to over-increase the position, but to gradually control the position.
9. The positions of Bitcoin and Ethereum should account for more than half of the total position to ensure the safety of funds.
10. When the altcoin rises, you should take the initiative to miss the opportunity and sell it in time to obtain profits.
11. When you lose money, you should be calm, don't stick to one strategy, and adjust and transfer funds in time.
12. Opportunity cost is the biggest cost of loss, so you should always be vigilant and stop loss in time.
13. When trading altcoins, you should grasp the selling time and don't be greedy.
14. Be cautious, eat only three-quarters full, don't be too greedy, so as not to fall into risks.
15. When playing altcoins, you should have a light position, and avoid heavy positions to stay calm and rational.
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