In this magical field of cryptocurrency, the idea of 'ordinary people earning 1 million' is like a tempting fruit hanging high, attracting countless people. So, how difficult is it to achieve this goal in the current market? Do ordinary people really have a chance to get a piece of the pie?
First, let's look at the current market situation. The cryptocurrency market is famously volatile. From 2024 to 2025, the overall market is trending upward but is occasionally disrupted by black swan events, such as policy adjustments and major project failures, which can instantly change the market landscape. In such an environment, some people become overnight millionaires, while others lose everything. While there are opportunities, accurately grasping them is far from easy for ordinary people, making it evident how difficult it is to earn 1 million.
Let's talk about different investment methods. Meme coins, with their extremely low market value and high topicality, are often seen as the cradle of 'wealth myths.' The skyrocketing prices of Meme coins like Dogecoin and SHIB have multiplied the assets of many early participants by dozens or even thousands of times. However, Meme coins essentially lack actual value support, and their prices are often driven by market sentiment, with wild fluctuations being the norm. Trying to earn 1 million steadily from them is like dancing on a tightrope.
Contract trading is a double-edged sword. It comes with leverage, allowing for multiplied returns, but simultaneously, the risks grow exponentially. Experienced traders may gain substantial profits in the contract market through precise technical analysis and risk control, but for most ordinary people lacking professional knowledge and trading experience, contract trading is like a high-stakes gamble; a liquidation can happen in an instant. If you want to earn 1 million this way, you might first want to ask yourself if you can bear the risk of losing everything.
Spot investment is relatively stable. Holding quality cryptocurrencies like Bitcoin and Ethereum for the long term could lead to significant asset appreciation as the industry develops and the market expands. However, this requires strong patience and determination, and choosing the right cryptocurrencies is crucial. Many people find it hard to resist the temptation of short-term fluctuations in the market, leading them to miss out on wealth. Relying on spot investment to make 1 million is a long battle.
Cryptocurrency wealth management, such as staking and lending, offers relatively stable returns but usually with lower rates of return. To accumulate 1 million through wealth management, a substantial principal amount is needed as a foundation. For ordinary people, achieving this goal through wealth management requires a long time and certain capital accumulation.
In fact, ordinary people do have the opportunity to earn 1 million in the cryptocurrency space, but it is by no means easy. It requires luck in choosing the right investment targets at the right time, as well as technical skills to analyze the market and manage risks. I personally have an unforgettable experience in the cryptocurrency space. When I first entered the market, I was blinded by stories of instant wealth, blindly following trends and investing in Meme coins. Initially, I did make some money, but as market enthusiasm waned, I not only lost all my profits but also lost a significant amount of my principal. Later, I began to study diligently, researching project fundamentals, learning technical analysis, and adjusting my investment strategies. Gradually, I started to see gains in spot investments. Therefore, my advice to everyone is: make sure to learn first, understand the basic rules and risks of the cryptocurrency space; control your positions reasonably, don’t invest your entire fortune; and remain rational, not swayed by market emotions.
Having said so much, if you also want to achieve your wealth goals in the cryptocurrency space, now is a great opportunity!
