How to make 100,000 in the cryptocurrency world? There is not just one answer, but the method matters.
Recently, people keep asking me:
"Teacher, how can I make 100,000 in the cryptocurrency world?"
I want to say, this question should be viewed in different situations:
If your principal is 1 million:
Then it's actually very simple—
Just buy Bitcoin, hold it, and patiently wait for the bull market.
As long as you don’t need to use this money in the next two years, you are very likely to easily make 100,000,
Because Bitcoin itself is a "slow bull" asset, and the increase is visible.
But most people are not like this—
Many people might just take out 1,000, 2,000, or even 500 USDT trying to gamble,
Hoping to get "rich overnight."
But the reality is:
It's too hard to make a hundred times your money, unless you are particularly knowledgeable or particularly lucky,
Otherwise, many people end up as "chives," losing all their money without making a profit.
So if your principal is small, what should you do to be more reliable?
Focus on the big trends, not rush into hot topics.
For example, last year’s ETH wave, from September to December, the market was very strong.
If you catch it well, even small funds can achieve several times the return.
Only engage in new tracks that everyone recognizes.
What does this mean?
It means do not touch those "unknown" or "shady" projects,
They are easy to be cut off or run away with.
Focus on mainstream platforms, new tracks, and topics that are rising in popularity,
For example, certain policy directions, certain types of AI chains, Layer 2, etc.
Control the number of times you act, research more, act less.
Your principal is already small,
Every loss hurts more, so treat each move as if you are going to "war" and be cautious.
Look and learn more, operate less, and don’t act if you don’t understand!
The money used for trading cryptocurrencies must be spare money!
If you expect to rely on trading cryptocurrencies to pay off debts, pay rent, or supplement living expenses,
Then the risk is too great.
In the cryptocurrency world, often the reason for a price not rising is not that the project is bad, but that the timing is not right,
So you must have the capital to "wait patiently!"
Take profits when you make them, don’t be greedy!
Many people originally made a profit, but are reluctant to sell,
As a result, when there is a pullback, all the profits are gone.
The cryptocurrency world is highly volatile, when emotions rise, you must know when to stop!
It’s not that you can’t make 100,000 in the cryptocurrency world,
But you need to have the right strategy + the right mindset + enough patience.
Whether you have small or large funds,
It is advisable to first find the right direction, then seek steady progress.
