$ETH 5000 What can you do in the crypto world?
$BTC Playing contracts. You can only play BTC in contracts because other coins fluctuate too much, and most of the time you lose.
$ZEC Find the right opportunity, make a long position, and with rolling positions, it's possible to achieve 20 times.
For example, if you go long around 30,000 and reach 70,000, you can achieve that.
Such opportunities are rare, they may occur once a year or once every two years!
But can you endure the big fluctuations in between?
I admire the fat guy and Ouyang.
I remember Ouyang opened 500 long positions at 3800 in 2019, and by June 2019, it rose to 14,000 without closing, then dropped back to 4000 in 2020, and then rose again; such long-term fluctuations are not something ordinary people can hold.
The fat guy too, he held a long position and made a billion in the big bull market of 2021.
The biggest problem with long positions is when to close them; it's hard to judge the top.
For example, many people say a double top is forming, and there will definitely be a big correction.
But some say it's still far from the top, not reaching 150,000, 200,000, or even 500,000 dollars.
The famous author of "Rich Dad Poor Dad" predicted it would reach 500,000 dollars by the end of 2024; of course, we can just take it as a joke.
However, reaching 100,000 dollars before the end of the year is completely possible.
If Bitcoin can return to around 50,000, then it’s possible to go all in, take a 2-3 times long position, hold it long-term, and aim for a new high.
Try not to trade contracts with altcoins; the fluctuations are severe, and retail investors can't grasp it; it's purely speculative and very risky!
Just stick to Bitcoin; after all, we open positions below 3 times, and the risk is much smaller!
Although I don't recommend beginners to trade contracts, high returns come with high risks. I hope everyone considers this carefully.
In the past, I was stumbling around in the dark, now I have the lamp in my hand, and the light is always on; will you follow or not? #加密市场反弹 #美联储降息


