It's not difficult to make a million in the crypto world, what's hard is—can you hold onto it?
Let's start with three truths of the crypto world:
It's not difficult to make a million.
It's very difficult to keep a million.
Not losing money is the hardest.
But what you don’t see is that they may have been liquidated five times, cut losses ten times, and gone to zero time and again.
So:
Can you make a million in the crypto world? Yes.
The question is: Can you survive to earn that day?
1. Are there people in the crypto world who really made a million?
The answer is: of course there are! And there are many!
Let me give a few real examples (not just stories):
• In the 2020 DeFi boom, many people made a fortune with UNI, SUSHI, AAVE;
• In 2021, NFT airdrops, SHIB, and DOGE exploded; many people turned a few thousand into hundreds of thousands;
• In 2023 and 2024, relying on airdrops (like Arbitrum, Starknet) and early on-chain projects, one can earn tens of thousands or even millions;
• Some people built early communities for meme coins and incubated tokens, directly multiplying their worth tenfold.
So, it's possible to earn. The crypto world has never lacked opportunities.
But:
These people did not 'make money as soon as they entered'; they endured the bear market, avoided mines, seized the right opportunities, and controlled their impulsiveness.
Secondly, is there a 'shortcut'?
Yes. But every path is marked with **'high risk.'**
1. Competing for airdrops: Low threshold, relying on execution, competing in information asymmetry + early action.
• L2 ecosystems (ZKSync, LayerZero, Blast) have great airdrop potential;
• GameFi/NFT/Web3 social/on-chain interactions, those who start early have the advantage;
• Advantages: Doesn't require too much initial capital;
• Disadvantages: Lack of experience can lead to pitfalls, many fake projects/ineffective interactions.
In one sentence: Airdropping is the best hope for small capital to turn around, but you need to be diligent and proactive.
2. Meme coins/small cap coin battles: gambling-style wealth, easy to lose it all overnight.
• Entering early, multiplying 10 times or 100 times is not a dream;
• Entering late, it’s normal to see your investment halved in 10 minutes;
• Some people bought cars with Dogecoin, while others lost everything on 'Dogecoin 3rd generation.'
Target audience: Those with strong psychological endurance, understanding on-chain, able to seize early opportunities, and willing to take losses to the end.
Summary: If you want to rush in, go ahead; but please only use money you can afford to lose.
3. Chasing mainstream in a bull market: The safest way, but 'slow.'
• Buying mainstream coins like BTC, ETH, BNB during a bear market, and directly doubling when the bull market arrives;
• Advantages: Not easy to go to zero;
• Disadvantages: Slow growth, tests your patience, easy to get shaken out.
If you have a large amount of capital and don't want to roll or gamble, then mainstream dollar-cost averaging is definitely a safe strategy.
Thirdly, why can’t most people make a million?
Because you think the problem lies in the market, but the problem lies within yourself.
1. Greed: Don’t sell when it rises 30%, thinking it will triple; after it doubles and goes to zero, still stubbornly saying 'I’m holding long-term.'
2. Panic: Cutting losses on a drop, chasing high on a rise, always making choices while getting slapped back and forth.
3. Pretending to understand: Seeing others launching tokens and rushing in; seeing others say 'must grab airdrops,' then using the entire set of interactions, ultimately getting burned.
4. Copying homework until liquidation: You hear a group friend say they bought a certain coin, and you rush in only to see it peak that day.
In the crypto world, it's not who is smart who makes money, but:
Who can endure volatility more, control their emotions, and withstand temptation.
Fourthly, how can I actually make a million?
Three phrases to share with you:
1. Survive first, then talk about making money.
Liquidations, full margins, messing around, will eventually lead to death. Be more stable, go slower, and surviving three rounds of bull and bear markets gives you a chance.
2. The logic of making money is not based on luck, but on the accumulation of understanding.
The more you know, the earlier and faster you know it, the greater your chance of winning.
3. Diversifying positions, taking profits, and managing emotions are more important than you think.
Too many people haven't made money; they made it and then lost it back.
Written in conclusion:
Making a million in the crypto world is not a myth, but it is definitely not something that can be done by just 'opening the app and buying casually.'
It is a tug of war between cognition and mentality.
It's a long-term exam of information, execution, and patience.
Opportunities still exist, but human nature is the hardest barrier you will face.
What do you think?
Have you made money in the crypto world? Have you lost money? What do you think is the most reliable way to make money now?
Feel free to discuss in the comments, and also share your 'pits stepped on along the way to a million.'
Maybe the next breakthrough opportunity is hidden in each other's stories.
If you just entered the market, come to me, follow me, and I will teach you to learn and operate at the same time;
If you are already in a less than ideal situation, you can come to me for help; I will not let you make the same mistake again. If your position is trapped, I will provide reasonable strategies for you based on your entry point.
Because everyone has different entry points, the solutions will also vary; some are suitable for conservative investors, while others are for aggressive ones.
I will definitely use the most appropriate methods to genuinely solve your problems and assist you in exiting. $GUN $TON $PEPE #BNBChain爆发
