In the crypto space, many people make 10 million from 10,000, but figuring out and summarizing methods that ordinary people can replicate is a completely different story, and the latter is much harder.
Break down 10 million into three 10-folds, look for corresponding opportunities at each 10-fold stage, and repeat the profitable operations in each stage hundreds of times. This approach is quite practical and scientifically effective.
So how specifically do you go from 10,000 to 10 million?
Let me explain a basic principle: In one's lifetime, as long as you can continuously catch three 10-fold coins, that's enough.
Prepare 10,000 US dollars, which should be money that is not essential for you. Then proceed in three steps: from 10,000 to 100,000, from 100,000 to 1 million, and from 1 million to 10 million. 10 million US dollars is roughly considered a small goal.
Let's talk about the specifics:
The first 10-fold, from 10,000 to 100,000, has a wide range of options, and the liquidity of most investment targets is sufficient.
Participate in airdrops. Each project's operations vary, but everyone knows that the cost of this part is actually very low.
Find a way to get onto popular NFT whitelists. The basic idea is to focus on popular projects and 'grind' for whitelists, using some clever strategies occasionally.
Engage with meme coins and contracts. This is not considered a good strategy, and I strongly advise against it; the reasons are well understood and need not be elaborated. However, if you truly have talent, you can achieve high multiples in a short time.
Participate in IDOs, IEOs, and private placements. The threshold for these is actually not low; currently, public market IDOs and IEOs require capital investment, and you might lose more than you gain.
Congratulations on successfully earning your first 10 times; you are one step closer to success.
The second step, from 100,000 to 1 million, can use the simplest yet practical method, which is to repeat the first step 10 times. It's straightforward but effective. Take 10,000 from the 100,000 to repeat the first step's operations, and patiently wait with the remaining 90,000. Every year, there will be miracles in the market, and there will always be 'god coins' emerging, which at least increase by 10 times, with some even increasing by 100 times.
After completing the second step, the most important thing is to calm down. Many people get carried away after making money, act recklessly, and end up losing everything, having to start over. So at this stage, it is crucial to restrain your desires, settle down, and achieve the final goal.
The third stage, from 1 million to 10 million. The same 10-fold increase, but the difficulty has increased significantly.
I think at this stage, the element of luck has become quite low. Achieving the goal indicates that your understanding and abilities have reached a new level. Conversely, you need to drastically improve your understanding and knowledge level to accomplish this.
You need to have a thorough understanding of the entire market, possess strong learning abilities, and have excellent psychological qualities. To achieve your goals, you must keep learning, enriching yourself, and making yourself stronger.
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