People often ask: 'Is it hard to make 1 million in the cryptocurrency space?' I've seen the craziest cases: someone used 1,000 dollars to buy a certain altcoin and multiplied it by 100 in a year; I've also seen more people turn 100,000 dollars into just 1,000. Today, I don't want to serve motivational quotes, but rather break down a hardcore logic: the goal of 1 million can actually be broken down into 3 '10x jumps', and the key to each step lies in the anti-human nature operations that most people cannot achieve.

First, do the math: starting with 1,000 dollars, the first time multiplies by 10 to become 10,000, the second time 10,000 multiplies by 10 to become 100,000, and the third time 100,000 multiplies by 10 to become 1 million. Does that sound like a fantasy? But I really know people who have done it, not by luck, but by hitting the 'corresponding opportunities' at each step.

First jump (1,000 → 10,000): Be brave to seize 'wild opportunities'. At this stage, the capital is small, and the margin for error is actually high, suitable for finding potential targets that have not yet been overly speculated. In 2020, I completed the first jump through DeFi mining, when mainstream coins had small fluctuations, but some newly launched mining projects offered daily yields of 3% on a single coin.

The key is to get in and out quickly: withdraw once you have tripled your investment, and never get attached to the battle. Many people get stuck at this step, either afraid to touch new things or wanting to earn more after making a profit, resulting in projects running away and losing everything.

Second jump (10,000 → 100,000): You need to learn to 'hitch a ride on mainstream trends'. Once the capital reaches 10,000, you can no longer bet on small altcoins, but must seize 'trend opportunities'. In 2021, when Ethereum rose from 2,000 to 4,000 dollars, I heavily invested in its ecosystem coins, earning 5x by following the trend of mainstream coins. The core at this stage is 'replicating success': find a stable profit-making model (like buying when mainstream coins pull back 15%) and repeat it 10 times, 20 times.

I set a rule for myself at that time: as long as the same strategy makes money consecutively 3 times, then solidify it and replicate it in bulk. That year alone, I executed 12 trades on ETH, each earning 5%-10%, accumulating little by little to complete the second jump.

Third jump (100,000 → 1 million): You must understand 'using positions to control risk'. At this stage, the capital has increased, a 10% fluctuation means 10,000 dollars, and the margin for error diminishes. In 2023, I completed the final jump relying on Bitcoin's halving trend, allocating 70% of my capital to Bitcoin, 20% to stablecoins, and 10% for short-term trial and error.

When the market rises, rely on mainstream coins to take the large share, and when it falls, use stablecoins to average down. Just from this wave, I earned 600,000. Many people stumble at this step, either being greedy and using leverage or panicking and cutting losses during a pullback, forgetting that 'from 100,000 to 1 million, stability is more important than speed'.

But more important than methods is that you must first overcome the 'human nature barrier'. The cryptocurrency circle is an 'anti-human nature battlefield'. Livermore once said: 'The greatest enemy of speculators is their own human nature weaknesses', and I deeply agree.

For example, the word 'greed': some people want to earn 50% after making 30%, resulting in a loss; 'anger': losing and then recklessly adding positions to retaliate against the market, losing more; 'ignorance': believing that a certain coin 'must rise', regardless of whether the trend has changed or not, they stubbornly hold on; 'slowness': looking down on small opportunities, always waiting for '10x big trends', resulting in missing a bunch of 5% fluctuations; 'doubt': analyzing correctly but not daring to take action, watching opportunities slip away while regretting.

In the past five years, I've seen too many people, no matter how good their skills are, fall victim to this 'five poisons mentality'. For example, there was a fan who accurately predicted in 2022 that a certain coin would rise 10 times but only bought 1,000 due to 'doubt'. When it rose, he became 'greedy', didn't sell when it fell, and ended up only making a few thousand.

In fact, the core of making 1 million is not finding how many 10x coins, but rather each time you achieve a 10x, replicate the logic of making money 100 times, while also plugging the loopholes of human nature 100 times.#RWA热潮 #BNB创新高