How to Earn 1 Million in the Cryptocurrency World

In the cryptocurrency world, everyone has heard the story of turning 10,000 into 1 million, but the reality is that most people not only fail to make money but are instead left devastated by the market.

We have no insider information, no capital advantages, and no trading experience to withstand several rounds of bull and bear markets. All we can rely on is recognizing the market, understanding ourselves, establishing rules, and controlling our emotions. The cryptocurrency world is not a shortcut to wealth, but rather a battleground where only a few survive.

1. First, Recognize the Market: This is a world where uncertainty reigns; the essence of the market is not a technical contest but a highly complex probability game.

You must accept that no matter how sophisticated a strategy is, it cannot consistently profit in all environments. Any trading system that claims a "100% success rate" is a scam.

What we can do is not to conquer the market but to adapt to it, using discipline to combat uncertainty. Profits and losses are rooted in the same source: the way you make money determines how deeply you can lose.

Heavy leverage on all-in bets: It can double your money but can also lead to a total loss.

High leverage for rebound chasing: You may gain a little, but just one wrong direction can lead to a complete liquidation.

Averaging down against the trend: Sometimes it can save you, but in a one-way trend, it is a slow form of suicide. The traders who truly survive are those who repeatedly bet within a "probability advantage" using a systematic method—earning more when they are right and losing less when they are wrong.

2. Next, Understand Yourself: You are not a genius, nor are you invincible. Most people in the market do not perish from ignorance but from self-righteousness:

Obsessed with predictions: Trying to catch every top and bottom.

Technical obsession: Piling on indicators while ignoring position sizing and risk control.

Superstitious about luck: Taking credit for profits while blaming the market for losses.

Overconfidence: After a series of wins, believing oneself to be invulnerable.

Remember: Discipline > Technique, Execution > Inspiration, Stability > Excitement. Real money-making trading is often boring.