In the cryptocurrency world, some people turn an initial investment of 100,000 into 2 million in three years, while others go bankrupt and lose everything in just three days—what's the difference? Let me tell you two stories to explain.
Old Li is an honest man who only invests in BTC and ETH. His strategy is very simple: when the market crashes, he buys some to hold; when it surges, he sells some to cash out, and he never touches leveraged contracts. As a result, after three years, 50,000 turned into 2 million. He eats big profits in a bull market and accumulates assets in a bear market, steadily outperforming the market. He often says: "Making money in cryptocurrency is like making soup; it requires slow simmering over low heat, and you can't rush it."
In contrast, Young Li is all about excitement. He enters with 3,000 dollars and in a week rolls it up to 200,000, posting profit screenshots on his social media every day. What happened next? Three days later, a reversal in the market wipes him out completely, leaving him with nothing. He himself says: "Contracts are like a meat grinder; you can make money quickly but lose it even faster!"
Now the question arises: if you only have 10,000 dollars, how should you play? If you go for spot trading, it’s stable but the earnings are slow, and you must be patient; if you go for contracts, you might become wealthy overnight, but you could also lose everything in an instant. The real savvy players use a dual approach: spot trading for a safety net and contracts to seize opportunities for profits.
In simple terms, there are no guaranteed profits in cryptocurrency. With 100,000 in spot trading, it might grow to 500,000 in three years, while in contracts it could either become 1,000,000 or go to zero in three months. How to choose? It depends on whether you want to earn steadily or gamble on turning a bicycle into a motorcycle.
There are no saviors in the cryptocurrency world, only legends that survive. Will the next myth be you?
