In the crypto world, 'earning your first million' is like a massive magnet, attracting countless investors to come and go. But you must know that having a few thousand yuan in your pocket and holding hundreds of thousands are two entirely different games. Today, I will tailor a 'million-dollar strategy' for you based on your situation. Following it may not guarantee 100% success, but it can at least save you three years of detours.

If you have little capital and don't understand much, the first step is to learn how to 'stay alive.' Stop fantasizing about finding some hundred-fold coin to become rich overnight; preserving your principal is the top priority. Bitcoin and Ethereum, these two 'big brothers,' are your best choices. They have withstood multiple rounds of bull and bear markets, have strong market consensus, good liquidity, and their resilience is unmatched by unknown altcoins.

In terms of operations, a dollar-cost averaging strategy is perfect for you. Set aside a fixed portion of your spare cash each month, like 20% of your income, and consistently buy Bitcoin regardless of whether the price goes up or down. This way, you can average out your costs without worrying about buying at peaks or troughs.

For example, a few years ago, some people consistently invested 5,000 yuan each month in Bitcoin, and now their assets have multiplied several times. At the same time, you must calm down and study, from the basics of blockchain to trading rules and market analysis, accumulating knowledge bit by bit. Don't let those 'get-rich-quick myths' cloud your judgment.

If you don't have much capital but are knowledgeable about the crypto space, you have the opportunity to win with your 'insight.' Crypto trends change quickly, from DeFi to NFT to now AI + blockchain, and each trend hides opportunities. Your task is to keep up with these core narratives and identify promising projects in advance.

How to dig? Start by looking at the project's white paper to understand what problem it aims to solve; then check the team's background to see if they have real skills; also look at community activity to see if users genuinely recognize it.

Just like early Uniswap, those in the know saw its potential in the DeFi space and invested early, ending up with substantial gains. But remember, don't put all your eggs in one basket. Diversify your investments and manage your positions; even if a particular project fails, it won't cripple you.

If you have moderate capital and know a little about everything but are not an expert, a diversified investment strategy is key. Invest the majority of your money, say over 70%, in mainstream coins like Bitcoin and Ethereum, which act as stabilizers for your asset base. Use the remaining funds, at most 20%, to invest in hot projects.

For instance, if a certain new concept is trending, pick a few projects with solid fundamentals and test the waters with a small position. But be sure to set stop-loss and take-profit levels; sell when the target is reached, and don't hold on stubbornly if it drops.

Just like when the Layer 2 concept emerged, some people bought related project tokens with small positions while mainstream coins held steady, making significant profits in just a few weeks. This strategy ensures stable returns while capturing potential high-reward opportunities.

If you have ample funds, then you should think long-term and follow market cycles. At the end of a bear market, when the market is in despair and asset prices are severely undervalued, it’s a great time for you to step in and buy a large amount of core assets like Bitcoin.

Once you buy in, don't keep staring at the candlestick charts every day. Regardless of short-term fluctuations, hold firm. Over the years, Bitcoin has gone through numerous bull and bear markets, and those who held long-term have generally made a fortune. Of course, you can adjust your positions based on market cycles; for instance, during a bull market, you might reduce your holdings slightly, but the main strategy is still to hold long-term and let time compound your assets.

Making money in the crypto world requires not only strategy but also a reliable guide. After years of navigating the crypto space, I've seen too many people take wrong turns because they lacked guidance. Follow me, and I will frequently share market analysis and investment tips to help you avoid pitfalls and seize opportunities.

Lastly, let me ask, what situation are you in now? How do you plan to achieve your 'million-dollar goal'? Let's discuss in the comments section. For those who like and follow, I'll randomly select a few to send exclusive market analysis reports to help you navigate the crypto space more smoothly and realize your dreams sooner!