How long will it take for a thousand to turn into a hundred thousand in the cryptocurrency world? The answer is: it can happen, but you need to take the right path!
The abbot shares two paths summarized from personal experiences:
Method 1: Three 10x coins for a violent comeback
Classic law in the cryptocurrency world: By hitting 3 consecutive 10x coins, you can achieve financial freedom.
Example: 10,000 → 100,000 → 1,000,000 → 10,000,000.
The difficulty lies in: Identifying opportunities before they take off; holding on patiently; not cutting losses easily or chasing highs and lows.
The key is the ability to select coins and resilient patience, breaking down the 10x into 100 small victories, repeatedly reviewing, refining, and replicating.
Method 2: Start with rolling positions to earn your first bucket of gold
No ability to select coins? Then use the rolling method.
Key points: Patience, only engage in trends that are clear, such as sideways movement after a sharp decline or a breakout on increased volume; only go long, don’t short, and stay in cash when the trend is unclear;
Extreme position control and risk management: Only take 10% of the principal each time, leverage 10 times, 2% stop loss, with a maximum loss of 10% of the principal; as long as you capture two waves of trends continuously, for example, BTC rising from 10,000 to 15,000, executing the strategy well can earn you 200,000. It’s not hard to go from 50,000 to 1,000,000 in two waves.
Wealth accumulation in the cryptocurrency world relies on a few explosive trends, not the fantasy of daily 10% or monthly compound interest.
Real explosions come from: two 10x; three 5x; a few small multiple segments.
The prerequisite is: understanding position management and knowing risk control.
As long as you are alive, opportunities are always there!
Do the right thing, use the right methods, don't be greedy or reckless, the 10x path belongs to you!
