Right now, if you don't engage in contracts, thinking you can 'get rich' is impossible.
Entering contracts with 100x, 50x, or amounts of dozens or hundreds of USD might be possible, but opening 100x contracts with amounts exceeding 10,000 USD is unlikely to lead to consistent profits. It's easy to understand that having billions to play with 100x contracts is essentially gambling your entire fortune, and beginners wouldn't start this recklessly. That number is something you can't afford to bear. Do you know how much margin you need? I believe there aren't that many fools in this world, so please stop asking if there's a way to make a million overnight.
Making contracts usually involves leveraging 5 to 20 times, continuously investing 200 USD until reaching 10,000 USD, which took about two months. I don't know if this trend will last; my strategy is to find out which coins are being hyped through social media, then look at the overall market and the volume from major players. I estimate that trading volume is higher around 11 or 12 PM and 2 or 3 AM. When the long-term outlook is bullish, I set my position during significant drops. For example, if you have 100 USD, the margin is 100, and the position is 20 USD, opening a 20x leverage. Generally, 1 to 4 hours is one point. If it continues to drop, I keep making positions, and when social media traffic decreases, I realize it will drop, which is a simple theory.
Social media traffic can be viewed using plugins to see data. This approach can easily lead to blind following, as believing in oneself too much makes staying calm crucial. During continuous declines, I would trade dozens of dollars with a hundred times leverage adjustment.
In the past, I actually played with 100 times positions for 5-10 minutes, but later I got scared because continuously making money can make you believe in yourself. However, every now and then, within 5 minutes, you could be blown up by someone.
Newbies should not get involved in the crypto space anymore; those days of buying altcoins for hundred times returns are gone.
More of it is about playing early with faith, thinking that in the future, one Bitcoin will be worth 10 million. Now there are still many holding a hundred coins, and in 2017, they laughed at them for being silly, buying coins if they had money.
Chen Xi only does real trading, and the team still has spots to get in fast $BTC $ETH #合约养家 #滚仓
