A fan asked how to play in this bull market with 5000 yuan to earn 100,000?
I believe many friends also want to know if it is possible to earn that much? I tell you, it is. From 5000 to 100,000, that's a 20 times increase. You will need about 3 bull-bear cycles. One bull-bear cycle lasts 4 years, so three cycles would be 12 years. You must stick to a methodology for 12 years.
First, ask yourself if you can do it?
When you have confirmed within yourself that you can indeed turn 5000 into 100,000, and you can persist for more than 10 years, with a clear logical methodology.
You should only buy BTC and ETH, establishing positions in the bear market. If you don't know how to establish positions, then you can just DCA for passive investment during the bear market, can you understand that?
Then hold until the peak of the bull market. How to identify the peak of the bull market? I can tell you the simplest method: it's the 120-day moving average.
Once it breaks below the 120-day moving average, it can be seen as a transition from bull to bear. Combine this with timing; for example, in this bull-bear cycle, the expected peak is around 2025.
By the end of one cycle, your assets should have increased by 2 to 3 times. If you persist through 3 cycles, your assets will have increased 20 times.
The hardest part of this methodology is actually the unwavering persistence, the non-distracted persistence. Not being indecisive, not being discouraged. To say it is quite difficult. Anyway, all methodologies, to succeed, the hardest part is persistence, but the success rate is quite high. Are you willing to give it a try?
Surely there will be people asking, what if I use 5000 yuan for contracts?
If you trade contracts, it is possible to reach 100,000 in a very short time. Previously, a fan used over 1000 USDT to follow me in trading contracts, and within a month, he reached 20,000 USDT, a 20 times increase. So contracts definitely have a much shorter duration than spot trading.
Friends who are currently confused and lack direction in trading can comment with 1; this bull market will help you get rich.
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