Can.
But to be honest, less than one-tenth really achieve it, the rest either crashes halfway or earns back and loses again.
First thing: Consider how many bullets you have in your pocket
Don't think you can turn $2,000 into $1 million in a month; that's a story from Macau, not a market rule.
With a principal of $10,000, do you want to multiply it by 100 times? Extreme operations, success is less than 1%.
With a principal of $20,000, multiply by 50 times? You have to hit a big bull and hold on tightly all the way. With a principal of $50,000, multiply by 20 times? A combination of cycles and stable strategies is needed for it to be possible.
Case: At the beginning of 2020, someone used $20,000 to buy ETH around $190, and sold at over $4,000 at the peak of the bull market in 2021, directly multiplying by 20 times. Opportunities of this level come only once every four years.
Second thing: Choose your knife carefully
Trend follows the mainstream
If you don't know anything, just buy BTC, ETH, buy low, sell in a bull market.
Case: At the end of 2022, large holders bought BTC in bulk at $11,000 (addresses can be checked, cold wallet bought over 2,000 at once), and by the end of 2024 BTC surged to $60,000, doubling profits.
Swing trading
Don't be greedy, just take that middle 30%.
Case: In September 2023, SOL rose from $18 to $68, large holders on-chain took profits in batches, and later it returned to the $40s - swing traded two rounds, doubled steadily.
High volatility arbitrage
Arbitrage, futures and spot, compete in speed and execution.
Case: During the LUNA surge in 2021, the price difference between OKX and Binance futures was consistently 0.5%-1%, many people made hundreds of thousands of U each day through arbitrage, ending up with million-level profits after six months.
Value coin low absorption
Real research, real ambush, wait for it to take off.
Case: In April 2023, someone on-chain bought $30,000 of PEPE when no one was calling it, three weeks later the wallet was up $1.5 million.
Small funds risk it all
$5,000 to $1 million? It has happened, but most end in liquidation.
Case: In the bull market of 2021, someone leveraged $5,000 to long ETH at 20x, resulting in $600,000 in three days, but on the fourth day the market corrected 30% and it was liquidated.
Third thing: Risk control + profit taking, otherwise it’s all in vain
The most classic way to lose in crypto: make money but don’t exit, return to loss.
Make $50,000, first recoup the principal
To $200,000, cut half the position
To $1 million, first calm down and then watch the market
On-chain reality: At the beginning of 2024, a whale built a large position in LDO at $0.94, rising to $1.31 in batches. Most retail investors instead rushed in, and a month later it fell back to $1.05.
Fourth thing: Set strict rules, or you'll be ruined
Most people die from frequent trading.
No more than two trades a day
Don't chase explosive rises, don't chase hot spots
Review once a month, see how many times you made money and how many times you lost money
On-chain reality: Many new wallets have a frighteningly high trading frequency in the first week, averaging 7-10 trades a day, resulting in a more than 30% net worth drop after a week.
Let's be frank
In the crypto world, the million is not taken by the luckiest, but by those who can hold, endure, and know when to stop.
Principal, time, cognition, execution - miss one, don't say 1 million, even 100,000 is in jeopardy!#以太坊创历史新高倒计时