To make 20 million in the crypto space is not just about luck; it requires a practical logic and solid execution, backed by a threefold competition of cognition, strategy, and mentality.
First, do the math: suppose your principal is 1 million, to earn 20 million means you need to at least multiply it by 20. This cannot be achieved by relying on a single trade; it needs to be broken down into several achievable stages—like first reaching 2 million, then 4 million. Only when each step is stable can there be possibilities for subsequent gains. If the principal is lower, say 100,000, you need to accept a longer cycle or seize larger fluctuations in key opportunities, but the premise is that risks are controllable.
The core logic is simple: place heavy bets on high-certainty opportunities, experiment with small positions in ambiguous areas, and absolutely do not waste bullets on garbage opportunities.
How to find high-certainty opportunities? You need to understand 'trend resonance.' For example, if Bitcoin stabilizes above the 200-day moving average on the weekly chart, breaks previous resistance on the daily chart, and trading volume increases, the certainty of going long is much higher than guessing randomly. Conversely, if the weekly chart breaks down, the daily chart continues to decline, and mainstream coins collectively plunge, the odds of going short are naturally higher. This kind of multi-cycle and multi-asset resonance signal is key to filtering noise and capturing major trends.
Position management is a lifeline. With a principal of 1 million, encountering top-tier opportunities (like Bitcoin rebounding from 15,000 in November 2022, with a clear bottom structure on the weekly chart) allows you to increase your position to 50%-60%, but you must use stop-losses effectively—for example, cutting losses if it falls below key support by 5%, keeping the maximum single loss within 3% of your principal. For ordinary opportunities, the position should never exceed 30%, and trial trades can even be as low as 5%-10%. Remember, real big money is accumulated through 'small losses and big gains'; a few trades that double can cover countless small stop-losses, while one heavy position can potentially lead to complete exit.
Tools must be used correctly. Spot trading is suitable for capturing major cyclical trends, such as determining when Bitcoin enters a bull market, holding onto mainstream coins without movement, and using time to gain space; however, if you want to accelerate returns, the dual-direction and leverage of contracts are unavoidable. Leverage is not a monster; it depends on how you use it: use low multiples (5-10 times) in a major trend to make money from the trend; use high multiples (20-50 times) in volatile markets, but you must strictly control the range and take profits when you see them. For example, with Bitcoin fluctuating in the 30,000-40,000 range, go long at the lower edge and short at the upper edge, using high leverage with small stop-losses, repeatedly harvesting the volatility can also accumulate wealth over time.
You also need to learn 'reverse thinking.' In the crypto space, 80% of people chase highs and sell lows; when the WeChat group is full of people shouting trades and trading account openings are surging, it often means the top is near; when everyone is cursing 'the crypto market is going to zero' and the forums are full of loss posts, it may actually be the bottom. After the drastic drop on March 12, 2020, how many people sold at the floor? But those who dared to catch the bottom then became winners. Reverse thinking is not about going against the market but finding mispriced opportunities in extreme emotions, which requires you to have an understanding of the true value of the assets—like Bitcoin's total network hash rate and Ethereum's ecosystem activity; these hard indicators are fundamental to supporting prices.
The last point, and the easiest to overlook: after making money, you need to 'take it off the table.' 20 million is not just a number game; it must be able to truly convert into your assets. After achieving each stage goal, convert 30%-50% of the profits into stablecoins or fiat currency; don’t always think about 'doubling down.' The crypto market can change quickly, so preserving your principal and profits is essential to continue snowballing in the next cycle.
Ultimately, the core of earning 20 million is not about finding a 'secret,' but establishing a system of 'winning more and losing less': use technical analysis to find opportunities, manage positions to control risks, use tools to amplify returns, and apply reverse thinking to seize turning points. This system may take 3-5 years to refine, but once it becomes muscle memory, making money will shift from 'luck' to 'high probability events.' Of course, the premise is that you can endure the initial losses and trials because, in the crypto space, there is no such thing as easy success.$ETH $BNB $SOL