How to turn 10,000 into 1,000,000 in the crypto trading world

It's all about experience. Here are 9 tips↓ Learning these will help you earn your first 1,000,000 in life.

1. If your initial capital is not very large, for example, under 100,000, being able to seize a big market fluctuation once a day is already enough. Do not be greedy and always hold positions!

2. When encountering significant positive news, if you don't sell on the same day, remember to sell at the high opening the next day. Positive news often turns into negative news when it is realized.

3. The news and holidays are also very important. When facing major events, adjustments should be made in advance (reduce positions or even go to cash). Historically, major events will lead to significant market fluctuations. If you can't determine the direction ahead of time, wait for the market to come and follow the trend!

4. Mid to long-term strategies should be light on positions, leaving enough room for operation. A steady approach is the best strategy; do not operate with heavy positions.

5. Short-term trading is about following the trend, quick entry and exit. Avoid being greedy and hesitant. When the market fluctuates widely, look for suitable entry points. If the market is sluggish, wait patiently in cash.

6. When market fluctuations are slow, rebounds will also be slow. When market fluctuations are quick, corresponding corrections will be rapid as well!

7. If you enter the market at the wrong point, cut your losses in a timely manner (do not hesitate to hold the position). Stopping losses is a form of profit; preserving capital is the foundation of survival in the market.

8. For short-term trades, it is essential to look at the 15-minute candlestick chart. The KDJ indicator can help better capture suitable entry positions.

9. There are countless techniques and methods for trading cryptocurrencies, but the most important thing is still the mindset. A person's mindset is crucial; the crypto world can easily make you feel the ups and downs, so adjust yourself well.