How can I turn $10,000 into $1,000,000 in the crypto world through contracts
All are experiences. Organized 9 tips ↓ to help you make your first 1 million in life! 1. If your initial capital is not very large, such as within 100,000, it is already enough to seize a major market fluctuation once a day. Do not be greedy, and always avoid holding positions! 2. When encountering major good news, if you don't sell on the same day, remember to sell at the high opening the next day, as good news often turns into bad news. 3. The news and holidays are also very important. When encountering major events, adjustments should be made in advance (reducing positions or even going empty). Based on past experiences, whenever major events occur, the market will inevitably see significant fluctuations. If you are unsure about the direction in advance, then wait for the market to arrive and follow the trend! 4. The strategy for the medium and long term must be to enter with a light position, leaving enough operating space, and steady operation is the best policy, never over-leverage. 5. Short-term trading focuses on following the trend, entering and exiting quickly, avoiding greed and hesitation, finding appropriate entry points in volatile markets, and patiently waiting when the market is sluggish. 6. The market fluctuates slowly, so the rebound is also slow. If the market fluctuates rapidly, the corresponding pullback is also very quick! 7. If you enter the wrong position, then stop loss in time (do not hesitate to hold the position), stop loss is a disguised profit, and preserving capital is the fundamental of survival in the market. 8. When doing short-term 15-minute candlestick chart analysis, it is essential to refer to KDJ indicator to capture the right entry points more effectively.
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How can I turn $10,000 into $1,000,000 in the crypto world through contracts
All are experiences. Organized 9 tips ↓ to help you make your first 1 million in life!
1. If your initial capital is not very large, such as within 100,000, it is already enough to seize a major market fluctuation once a day. Do not be greedy, and always avoid holding positions!
2. When encountering major good news, if you don't sell on the same day, remember to sell at the high opening the next day, as good news often turns into bad news.
3. The news and holidays are also very important. When encountering major events, adjustments should be made in advance (reducing positions or even going empty). Based on past experiences, whenever major events occur, the market will inevitably see significant fluctuations. If you are unsure about the direction in advance, then wait for the market to arrive and follow the trend!
4. The strategy for the medium and long term must be to enter with a light position, leaving enough operating space, and steady operation is the best policy, never over-leverage.
5. Short-term trading focuses on following the trend, entering and exiting quickly, avoiding greed and hesitation, finding appropriate entry points in volatile markets, and patiently waiting when the market is sluggish.
6. The market fluctuates slowly, so the rebound is also slow. If the market fluctuates rapidly, the corresponding pullback is also very quick!
7. If you enter the wrong position, then stop loss in time (do not hesitate to hold the position), stop loss is a disguised profit, and preserving capital is the fundamental of survival in the market.
8. When doing short-term 15-minute candlestick chart analysis, it is essential to refer to KDJ indicator to capture the right entry points more effectively.