Is it really difficult for ordinary people to make 1 million in the cryptocurrency world? To be honest, there is no standard answer to this question.
When the market is good, some people get rich quickly by trading meme coins, while others double their investments by leveraging contracts, but more people end up losing everything in the volatility; when the market is bad, those holding physical assets get stuck, those trading contracts face liquidation, and even conservative investments yield unsatisfactory returns.
Speaking for myself, I did make a little money early on by chasing trends and trading meme coins, but I quickly lost it all in the next wave of the market. Later, I tried trading contracts; the thrill from leveraging became addictive, but one misjudgment not only wiped out my profits but also cut my principal by more than half.
In the end, I returned to investing in physical assets and low-risk financial products. Although I didn't become rich overnight, the gradual accumulation has also yielded decent returns.
Therefore, I believe that for ordinary people to make 1 million in the cryptocurrency world, both luck and skill are essential.
Meme coins and contracts seem to bring quick money, but the risks are extremely high;
Physical assets require a long-term perspective and patience;
Financial product returns are relatively stable, but the cycles are long. The key is to find a method that suits you and manage the risks properly.