How can a novice in the crypto world make money?
If you're a complete novice, take your 3000 yuan and start trading contracts, moving from 10x to 100x, but only allow yourself to lose 50 yuan each time (you need a bit of position management + the most basic knowledge).
Seeing this statement, I’m sure some people will criticize me.
The reason is simple: using 3000 yuan to understand what a contract is is better than using 30,000 or 300,000 yuan to experience it. No one, and I mean no one in the crypto world, can avoid contracts. I’m talking about those who have never touched them at all. So sooner or later, you will have to play with contracts; only by playing with them will you understand why they are not worth it. Otherwise, if someone tells you that playing contracts is just gambling, you won’t really believe it. When one day, someone you know tells you that they made 200,000 yuan from contracts (whether true or not), you will immediately jump in.
Moreover, the barrier to entry for trading contracts is very low; it can be said to be the lowest entry-level project in the crypto world. If you really want to enter the space, trading contracts is the simplest path to get started.
Finally, and most importantly, you will lose money trading contracts. Even if you can make money during the novice halo period, the way you make money is the same way you will lose it because you are a novice; you don’t understand anything, so why should you be able to make money? However, once you lose money, you will start to ponder how to make money; you will begin to learn trading, learn technical analysis, learn to evaluate projects, and gradually join some quality communities and follow some worthy role models. You will ultimately grow on your own.
Along this journey, you will eventually find a way to turn your crypto fortunes around that suits you. You might become an alpha hunter, battling for hundred-fold returns every day; you might become a scientist (the respectful term for programmers in the crypto world, haha), remaining invincible; or perhaps you have a natural talent for trading and can truly make money with contracts. It’s all uncertain.
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