Can earning a million really only rely on luck? In fact, choosing the right method is more important.
Whether you are a newcomer to the market or an experienced player who has gone through several market cycles, many people have a goal in mind: can I earn my first pot of gold in this market?
The answer is: yes, but not by guessing.
I will share three different styles of thinking for you to see which one suits you best.
The first type: Steady Progress
If you have a budget of over 100,000 and are not pursuing quick riches or want to monitor the market daily, you might consider dollar-cost averaging.
For example, split this amount into 100 parts and buy once a week, building your position in a rhythmic manner. Choose cryptocurrencies with high market capitalizations and strong risk resistance, such as Bitcoin and Ethereum, with a ratio of about 6:3:1.
The benefit of this method is: no need to time the market, not afraid of short-term fluctuations, relying on time + compound interest for steady growth. After two bull markets, there is a high probability of doubling your capital, or even more.
The second type: Hands-On Player
If you have relatively free time and some technical background, you can try deeply participating in ecosystem building - for example, participating in new blockchain testing or joining project communities to gain early rights.
Although this path does not yield immediate returns, the rewards are significant: early project incentive mechanisms are relatively generous, and as long as you study diligently and take action, capturing an opportunity to earn tens of thousands is not difficult.
This method requires continuous learning and patience, suitable for players who are willing to engage for the long term.
The third type: Cyclical Opportunity
Another is the “Bull Market Strategy.”
Every bull market will produce some cryptocurrencies with astonishing price increases. As long as you position yourself well in the early stages, capture a 10x cryptocurrency, and combine it with a reasonable position and profit-taking strategy, you may achieve significant progress in one market cycle.
Of course, the premise is that you need to understand trends, assess popularity, and research fundamentals. You can't just buy a hot coin and expect to take off.
What you lack is not effort or opportunity, but someone who can help you achieve stable profits in this market.