🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
I am often asked: How long will it take for 1000 to turn into 100,000 in the crypto world? Can I earn 100,000? Based on my experience, there are two methods to consider:
The first is to rely on "10x coins": to achieve high returns, the key is to find 3 10x coins. For example, starting from 10,000, turning 10,000 into 100,000, 100,000 into 1,000,000, and 1,000,000 into 10,000,000, break down the goal into 3 10x, find corresponding opportunities at each stage, repeat profitable operations, and the core is to find these 3 10x coins.
The second is "rolling positions": if you want to start with tens of thousands and earn 1 million in principal, rolling positions are key. Pay attention to three points: first, be patient and only act when there are high-certainty opportunities; second, recognize the trend of "a sharp decline followed by sideways consolidation before breaking upwards" and get in early; third, only take long positions.
Many people think that rolling positions carry high risks, but that's not the case; it's even lower risk than regular futures trading. For example, with a profit capital of 50,000 (if you're still losing, don't try it yet), opening a position in Bitcoin at 10,000 with 10x leverage and a per-contract model, only open 10% of the position (5,000 margin, equivalent to 1x leverage), set a stop loss at 2 points, even if the stop loss is triggered, you only lose 2% (1,000), and even if it gets liquidated, you only lose 5,000, not the entire amount. #BTC#