New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
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1. Download and update the Gate APP to version v8.0.5
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#数字资产动态追踪 Holding only 5000 yuan, which is just over 700 dollars, what should I do? First, I need to clarify one thing—don't jump into "gambling" right away. You must think through how to make the money work.
One idea is to split the funds into 7 parts, each 100 USD, and use 3x leverage to establish positions and then let them roll.
Suppose you take 100 USD with 3x leverage to go long on NEIRO. After short-term fluctuations, if it breaks above the previous high, you can usually see about a 30% upside. This means even if you just hold and do nothing, you can earn back 100 USD. If you coordinate rolling positions during the rise, the profit could reach 300-500 USD.
After one cycle, the account will have a floating profit of 400-500 USD—this doesn't even include the remaining 600 USD principal.
Next, you can withdraw the 100 USD principal from the second trade and use the pure profit from this wave as operating capital to continue. For example, holding 300-500 USD, still with 3x leverage, to go long on another hot coin. It's best to wait for signals like "dragonfly doji" or bottom divergence before entering.
Step by step, keep rolling. If the technical analysis is correct, luck is on your side, and the market moves favorably, your funds can gradually grow. This is the charm of the crypto world—it's truly one of the few places where ordinary people can see reversals.
But definitely don't follow those gamblers who go all-in with 30x, 50x, or 100x leverage. That's not trading; it's just spending money to buy adrenaline. The ending is already written—account wiped out.
Starting with small funds, the goal isn't to get rich overnight but to do the right things each time. Stick to a good rhythm, and when opportunities come, strike precisely. Opportunities are always there in popular coins like $ETH and $SOL .