$SKHYNIX
Some advice for friends who don’t have many assets (under one million RMB)
Don’t do secondary-market trading (including US stocks/A-shares/large commodity futures/crypto, etc.)
Put all your principal into finding “free-money” opportunities
Products like Binance Alpha, digital product national subsidies, Moutai, cross-platform new listings, etc.
If you do “free-money” well, your return rate won’t be lower than secondary trading, while the risk is much lower
After going through the “free-money” practice, you’ll learn a lot of knowledge yourself; once you’ve made money from “free-money,” then take the profits and see whether you have a talent for trading
I also entered the industry last year through Binance Alpha. I probably made 300–400k RMB in total, and then gradually started trying trading, using the money I earned so I felt much less pressure
I’ve already reached level A8, yet I’m still doing “free-money.” For friends with limited principal, what reason is there not to do it?
Don’t be overly ambitious or look down on it; don’t think about getting rich overnight. Do it steadily and earnestly—slow is fast
Some advice for friends who don’t have many assets (under one million RMB)
Don’t do secondary-market trading (including US stocks/A-shares/large commodity futures/crypto, etc.)
Put all your principal into finding “free-money” opportunities
Products like Binance Alpha, digital product national subsidies, Moutai, cross-platform new listings, etc.
If you do “free-money” well, your return rate won’t be lower than secondary trading, while the risk is much lower
After going through the “free-money” practice, you’ll learn a lot of knowledge yourself; once you’ve made money from “free-money,” then take the profits and see whether you have a talent for trading
I also entered the industry last year through Binance Alpha. I probably made 300–400k RMB in total, and then gradually started trying trading, using the money I earned so I felt much less pressure
I’ve already reached level A8, yet I’m still doing “free-money.” For friends with limited principal, what reason is there not to do it?
Don’t be overly ambitious or look down on it; don’t think about getting rich overnight. Do it steadily and earnestly—slow is fast