How to Make $500,000 in the Cryptocurrency Market with Small Capital: How to Effectively Use Leverage and Strategies If you have a small initial capital (e.g., only $200-1,000) and want to achieve rapid growth in the cryptocurrency market, rolling contracts is a viable but high-risk method. The key ideas are: • Use leveraged contracts to enter the market when a trend is clear, such as a popular currency with a 30% daily increase; • Go long at a low level with 10-20x leverage, and continue to add to your position with the profit after making a profit, creating a rolling strategy; • If successful, you could potentially turn $200 into thousands or even tens of thousands of yuan; • If unsuccessful, keep your losses within your initial principal. But it's important to note that this strategy is suitable for traders who understand risk management, possess basic market sense, and possess technical judgment. Blindly using leverage will only accelerate losses. 8 Ironclad Trading Rules for Survival and Profit in the Cryptocurrency Market 1. Control Human Nature: Operate in the Opposite Direction of Profit and Loss A common mistake retail investors make is holding onto losses and running out of profits. The opposite should be true: let profits run when they're profitable, and cut losses quickly when they're losing. Establish clear take-profit and stop-loss lines, for example: • Take-profit point: Take profit at 15% of unrealized profit, or at 10% of retracement; • Stop-loss point: Stop loss immediately at 5% of loss; Persistent trading over the long term can lead to steady growth, even with a win rate of only 50%. 2. Trade with the trend, don't buy against it. Don't try to predict the market, and don't fantasize about getting rich trading against the trend. When the trend is clear, follow it decisively; when the trend is unclear, going short is a better option. Only trade high-probability trades, and don't waste energy on speculation or fantasy. 3. Actively close positions after a profit to prevent overconfidence. Profits boost a trader's confidence, but continuous profits can easily lead to overconfidence, ultimately leading to impulsive trading and large losses. After a large profit, take a break and review your trading sessions, and don't rush back in. 4. Simplify your strategy and focus on one method. Don't blindly learn a large number of technical indicators. Find a strategy that works for you and continuously optimize, execute, and iterate. Profitable systems are often simple, repetitive, and stable. Focus is more important than nitpicking. 5. Plan your trades, avoid impulsive trading. Each trade should be logically supported. Avoid frequent trades driven by "empty position anxiety." The market presents opportunities every day, but your opportunities are few and far between. Patiently waiting for signals that "it's imperative" is a habit of high-quality traders. 6. Continuously review and identify patterns. Without reviewing and analyzing, you won't make progress. Your gains and losses have their causes, and reviewing is the only way to find a replicable strategy. Don't just "do it"; understand "why you did it and what the results were." 7. Protect profits and prevent unrealized gains from turning into losses. Once you have unrealized gains of more than 10%, set a "profit stop-loss" near your opening price to ensure the safety of your principal. Many people experience profits only to see drawdowns or even losses because they don't lock in profits. 8. Prioritize discipline, not emotion. Trading relies on execution, not intuition. Don't change your strategy based on short-term fluctuations in gains and losses. Discipline trumps emotion, and systems trump impulsiveness. Treat trading as a game of chance, not a place to unleash your emotions. Summary There are no shortcuts to profitability in the cryptocurrency market; it relies on long-term execution, a combination of strategy, discipline, and risk control. Doubling your profits with a small capital using futures contracts is possible, but the risks are extremely high. Here's what you need to do: 1. Understand whether you're suited for high-risk trading; 2. Develop a stable, executable strategy; 3. Stay calm, maintain discipline, and control your emotions; 4. Analyze and optimize after each trade, rather than complaining about the market. Trading is never about who's smarter, but about who's more stable. If you're still confused, here's a quick three-click combo. Join the Tai Family Army and fight together on TG: https://t.co/X8hLPgsxEy