How to more reliably earn 10 million?
Treat trading cryptocurrencies as a job, go to work on time every day
1: Fixed trading hours, avoid market chaos
Fake news runs rampant during the day, causing prices to fluctuate wildly, making it easy to be lured into the market. After 9 PM, the market stabilizes, and the candlestick patterns become clearer, making direction easier to judge.
2: Withdraw profits immediately, lock in earnings
Don't be greedy for doubling! For example, if you make 1000U, withdraw 300U to your bank account right away, and continue to operate with the remaining funds. Too many people lose everything because they “want to make three times more or five times more” and get wiped out during a correction.
3: Rely on indicators, not intuition
Trading based on feelings is equivalent to gambling. Use TradingView to analyze: MACD golden cross/death cross, RSI overbought/oversold, Bollinger Bands contraction/breakout; at least two indicators must align before entering a trade.
4: Dynamic stop-loss, protect principal
When monitoring the market, move the stop-loss up with profits (e.g., if the purchase price goes from 1000 to 1100, raise the stop-loss to 1050). If going out, set a hard stop-loss at 3% to guard against sudden crashes.
5: Mandate weekly withdrawals, secure your gains
Money that isn't withdrawn is just a number! Every Friday, regularly transfer 30% of profits to your bank account, and roll over the remaining funds for compound interest.
6: Analyze candlestick patterns over different periods, accurately grasp opportunities
For short-term: Monitor 1-hour charts; consider going long after two consecutive bullish candles.
For sideways markets: Check the 4-hour chart; enter when prices approach support levels.
Strictly control position sizes and emotions, avoid fatal pitfalls.
7: Leverage ≤ 10x (recommended for beginners ≤ 5x) to avoid exchange-triggered liquidations.
Stay away from junk coins (like Dogecoin) to prevent being wiped out.
Limit to 3 trades a day to avoid losing control; absolutely do not borrow money to trade cryptocurrencies.
Divide capital into 3 parts: each part is a fixed amount (e.g., 30,000U split into 3), supplement losses, withdraw excess profits, and gradually increase position sizes.
Path to advancement: From survival to a 10 million goal
8: Start with a small capital (e.g., 10,000) to accumulate funds, earning 1 million through low-leverage and disciplined trading.
After reaching 1 million, a 20% fluctuation results in a 200,000 annual return; replicate successful strategies to scale up.
The ultimate goal relies on three opportunities for 10x growth (10,000 → 100,000 → 1,000,000 → 10,000,000), focusing on high-probability altcoins and compounding.
Trading cryptocurrencies is definitely not gambling, but rather a disciplined profession.
Go to work “on time” every day, turn off the computer at the designated time, eat when it's time to eat, and sleep when it's time to sleep. You will find: earning money becomes steadier, and the 10 million goal gets closer and closer.