Can you make 1 million in the cryptocurrency world from 10,000?

Let me tell you from my experience: Two methods!

First method:

You only need two 10x investments to make 1 million.

First, prepare 10,000, then 100,000, and then 1 million.

Break down 1 million into two 10x opportunities, and find corresponding opportunities at each level. Repeat the profitable operations 100 times in each 10x investment, and you can basically achieve 1 million.

So next, you just need to find two 10x coins.

Second method: In the cryptocurrency world, the only way to make 1 million from 10,000 is through rolling positions.

Once you have 1 million, even if you don't use leverage, a 20% increase in your spot positions will yield 200,000, which is already the income ceiling for most people in a year.

At that point, you will also grasp some ideas and logic for making big money, and your mindset will calm down a lot. From then on, it's just copy and paste.

Trading requires the ability to recognize the size of opportunities; you can't always keep a light position or a heavy position. Usually, play with a small position, and when a big opportunity arises, take action.

For example, rolling positions can only be executed at big opportunities; you can't keep rolling. It's okay to miss some, because in your lifetime, you only need to successfully roll a few times to upgrade to the ranks of the wealthy.

Points to note about rolling positions:

1. Sufficient patience; the profits from rolling positions are enormous. As long as you can roll successfully a few times, you can earn hundreds of thousands or millions. So you shouldn't roll lightly; look for high certainty opportunities.

2. High certainty opportunities refer to sideways fluctuations after a sharp decline, followed by an upward breakout. The probability of a trend following is very high at this point; identify the reversal point and get on board from the start.

3. Only roll long positions.

Rolling position risks:

Many people think this is risky; I can tell you that the risk is very low, far lower than the logic of trading futures.

If you open a position in Bitcoin at 10,000, set leverage to 10x, and use the isolated position mode, only opening 10% of the position, which means only opening 5,000 as margin, this is actually equivalent to 1x leverage. If you set a 2% stop-loss and you hit it, you only lose 2%, which is 1,000. How do those who get liquidated actually get liquidated? Even if you get liquidated, you only lose 5,000; how can you lose everything?

If you are right and Bitcoin rises to 11,000, you continue to open 10% of your total funds, setting the same 2% stop-loss. If you hit the stop-loss, you can earn 8%. What about the risk? And so on...

If Bitcoin rises to 15,000 and you have successfully added positions, in this 50% surge, you should be able to earn around 200,000. Catching two such surges would give you around 1 million.