Newbies can turn 50,000 in the cryptocurrency world into 10,000,000. Just remember the following points!

1. Divide the funds you have into five equal parts. For example, if you have 10,000 USD, split it into five parts, using 2,000 USD for each trade.

2. Use one part of the funds to buy a cryptocurrency at the current price.

3. If the price drops by 10%, buy another part.

4. When the price rises by 10%, sell one part.

5. Repeat the above steps until all funds are used up or all coins are sold.

With this strategy, once you buy, there’s no need to worry even if the price drops, because when the price declines, we will continue to buy.

In fact, if all five parts of the funds are used up, the price has at least dropped by nearly 50%. Unless there’s a market crash, the price won’t drop so quickly. From a profit perspective, each time you sell, the funds can bring a 10% profit.

Taking a total fund of 100,000 as an example, if you use 20,000 each time, then each sale will generate a profit of 2,000.

However, this strategy also has certain issues. A 10% fluctuation is relatively large, which may lead to trades not being executed easily, requiring longer waiting times. This can affect the efficiency of fund usage, as funds may remain idle for long periods, or be occupied by specific coins.

However, this issue can be solved by reducing the fluctuation range. For example, you can choose to buy cryptocurrencies with high stability and invest in Binance financial products when funds are idle. This way, you can gain additional profits while waiting for price changes.