How to turn 100,000 into 1,000,000 in the cryptocurrency world?

The first method: 100,000 to 1,000,000, a tenfold increase!

The second method: 100,000 doubled once to 200,000, then doubled again to 400,000, and then doubled again to 800,000. Three doubles and you are almost at 1,000,000.

Most people think of the first method, but most of those who have already earned money actually used the second method.

One formula to understand: Profit = Principal ✖️ Volatility ✖️ Time. For example, with a principal of 100,000, if it rises by 100% in one year, after that year the principal becomes 200,000, a double.

The common strategy among retail investors in the cryptocurrency market is to amplify volatility, such as buying highly volatile altcoins that can rise 50% in a day and also drop by half in a day; or using leverage to amplify volatility, for example, if it rises 5% in a day with 10x leverage, then the daily profit becomes 50%.

Since you have already thought it through clearly, only buying spot and not wanting to amplify returns through increased volatility, then there are only two methods left: one is to choose altcoins, and the other is to extend the time.