How to turn 10,000 into 1,000,000 in the cryptocurrency world?

The cryptocurrency world in the eyes of a novice: Invest 10,000, wait 10 years to reach 1,000,000, and never sell even when it rises 100 times.

But the reality of the cryptocurrency world:

Situation 1:

Investing 10,000, and by the next day, it has dropped to only 5,000.

That day you find it hard to sleep.

After that, on every wakeful night, you check the exchange for market updates.

Then, you consider whether to cut your losses, thinking of selling once it rises back to your initial investment.

As a result, after a month, it rises to 9,000, and you think, if I sell now, I’ll have nothing left; I should hold on, I must have faith.

However, the price continues to decline. After half a year or a year, your coins fluctuate between 1,000 and 6,000, and your unwillingness to accept losses gradually dissipates.

Eventually, when the value is at 6,000, you can't wait any longer and cut your losses.

Situation 2:

Investing 10,000, a few months later, after the ups and downs, it becomes 12,000.

Then, you decisively sell, hoping for lower prices.

You are full of confidence, but the price rises to 15,000 and 20,000; fearing to miss out, you chase the price upwards.

However, your cost has already doubled, and then the price drops directly back to 6,000.

The first step into the cryptocurrency world is to learn how to lose money.

Although what I say might not be useful, I will keep saying it.

Only after you have truly lost money will you understand the reasoning I am conveying. For those who have experienced losses, do you think I’m right?