Can you earn 1 million by trading cryptocurrencies in a year? This strategy is amazing!
Want to earn 1 million in a year through cryptocurrency trading? Don't panic, Brother Zheng is here to share a simple yet practical trading strategy with you!
Fund Allocation: Attack in Five Equal Parts
No matter if you have 10,000 or 100,000, divide it evenly into five parts. If you have 10,000, take 2,000 each time to enter the battlefield; if you have 100,000, charge in with 20,000 each time.
Operation Secrets: Buy Low, Sell High in a Cycle
Buying: Take one part of your funds and decisively buy a cryptocurrency at the current price. Averaging Down: If the price drops by 10%, don’t panic, just invest another part to buy the dip. Selling: Wait until the price rises by 10%, then immediately sell one part to secure your profits. Cycle: Repeat this operation until you run out of money or sell all your coins.
Following this strategy, even if the price of cryptocurrencies plummets, you can calmly average down. If all five parts of your funds are used up, the price would have to drop nearly 50% unless there’s an extreme situation like a market crash; otherwise, the price won’t drop that drastically.
From the perspective of returns, each sale can earn you 10%. If you have a total of 100,000, using 20,000 each time, every sale can earn you an extra 2,000, and this money is so easy to make!
Weaknesses of the Strategy and Solutions
This strategy is not perfect; a 10% fluctuation range is a bit large, and trades may not execute well—leaving funds idle and significantly reducing efficiency.
But don’t worry, Brother Zheng has a trick! Choose stable cryptocurrencies, and when your funds are idle, go for some extra earnings in Binance's financial products. This way, you can wait for price changes while also making extra money—it's truly a win-win situation!
Still feeling lost on the path of cryptocurrency trading? Follow Brother Zheng, take the initiative, and I’ll directly hand you the wealth code!
