To reach 10 million in the crypto world, it's not about shouting slogans or gambling; it requires a complete logical loop—from principal planning to opportunity capture, and then to risk control, every step must be meticulously addressed.
First, calculate the real account: if the principal is 500,000, reaching 10 million means you need to multiply by 20. This 20 times is not achieved by a single all-in bet but must be broken down into phased goals—like first reaching 1 million (doubling), then 2 million (doubling again), each step must be steady. If the principal is only 100,000, the cycle will be longer, or you will need to capture larger fluctuations in key market conditions, but the prerequisite is not to lose all the principal halfway.
The core logic is simple: only place heavy bets on high certainty opportunities, use small positions for uncertain opportunities, and directly pass on garbage opportunities. How to judge high certainty? Look for 'multi-dimensional resonance'—for example, Bitcoin's weekly line stabilizing above the 50-day moving average, the daily line breaking through previous high resistance, while the trading volume is more than 1.5 times the average of the previous three days, and mainstream coins rising simultaneously; this is when going long has a high probability of success. Conversely, when the weekly line breaks below the 200-day moving average, and the daily line shows three consecutive days of bearish action with increased volume, the certainty of going short is far greater than guessing tops and bottoms.
Position management is crucial. With a principal of 100,000, when encountering a top opportunity (like Bitcoin around 15,000 in November 2022, with a weekly bottom divergence), you can invest up to 60,000 (60% position), but you must set a stop loss—like cutting if it breaks a key support level by 3%, thus keeping the maximum single loss within 18,000 (18% of the principal). For ordinary opportunities, the position should never exceed 30%; for trial trades (like short-term trends of new coins), the maximum is 10,000, losing it won't hurt, and if you earn, you can figure out the pattern. Remember, big money is accumulated through 'small losses and big gains'. Three double-up trades can cover ten small stop losses, but a single heavy investment without a stop loss can wipe you out completely.
Tools must be used wisely. Spot trading is suitable for capturing large cycles, like determining when Bitcoin enters a bull market, holding onto mainstream coins like Ethereum with solid ecosystems, exchanging time for space; but if you want to accelerate earnings, the bidirectional contracts and leverage are unavoidable. Leverage is not a monster; it depends on the market: use 5-10x leverage in a big trend to earn trend profits (for instance, from 30,000 to 60,000 in 2021, 10x leverage can amplify returns by ten times); in a volatile market, use 20-50x, but you must stick to specific ranges, for example, if Bitcoin is fluctuating between 30,000 and 40,000, going long at 30,000, short at 40,000, set a stop loss of 500 points, and run when you're in profit, accumulating small wins into big wins.
Reverse thinking must be ingrained. 80% of people in the crypto world chase rises and panic sell; when the group is filled with posts shouting 'the bull is here', and the exchange app downloads surge to the top, it’s often not far from the peak; when forums are filled with posts about 'cutting losses' and 'never touching crypto again', and even experienced players start complaining, that might actually be the bottom. After the crash on March 12, 2020, how many people sold off below 10,000? But those who dared to buy at the bottom later enjoyed the benefits of the rise from 10,000 to 60,000. Reverse thinking is not about stubbornly holding on but about observing 'hard indicators'—for example, if Bitcoin's total network hash rate hasn't dropped, and Ethereum's gas fees are still high, it indicates that the ecosystem hasn't collapsed, and if prices drop significantly, that's an opportunity.
The last point is to 'take profits off the table'. Ten million is not just a number game; it must be tangible. After reaching each phase goal (like from 500,000 to 1 million), convert 40% of the profit into stablecoins or fiat currency; don’t always think about 'doubling again'. The cryptocurrency market moves quickly, and many people fell from millions back to negative in 2017. Protecting your principal and profits gives you the confidence to wait for the next cycle.
Ultimately, the core of earning 10 million is not finding a 'secret formula' but establishing a system where 'the probability of winning is greater than losing': use technical analysis to filter opportunities, use position control to manage risks, use tools to amplify returns, and use reverse thinking to catch turning points. This system may take 3-5 years to master, but once it becomes a habit, making money will shift from 'luck' to a 'high-probability event'—provided you can endure the initial phase of paying tuition without being crushed by a sudden crash.