Many people ask me: Can you really make big money from small money in the cryptocurrency world?
My answer is: Yes.
But the process is by no means as smooth as in a cool novel. It contains both doubled joy and the pain of losing everything in one night.
Today I will share my experience of making 1 million from 20,000.
1. Execution: Dare to think, and dare to act
There is an explosion of information in the cryptocurrency world every day, and there are countless opportunities, but most people just watch and don’t take action.
A big part of the reason why I was able to make 1 million from 20,000 is because:
Once you understand the trend, act without hesitation.
After setting a goal, strictly implement it, such as buying in batches and insisting on regular investment.
When the opportunity comes, dare to bet heavily.
Execution determines whether you can reap the first wave of profits.
2. Cognition: Understand the rules before making big money
Cognition is the biggest gap between people.
People with insufficient cognition will only chase rising and falling prices and be carried away by emotions; people with improved cognition can understand the flow of funds and comprehend the logic of narrative.
For example:
Make arrangements in advance before the ETH ETF is approved, because you know that funds will definitely flow in.
After suffering huge losses in contracts, I realized that the cryptocurrency world is a long-term race, not a gamble, and turning to spot trading is the only way to achieve real stability.
The higher your cognition, the farther you can see, and the more you earn.
3. Control: Whether you can hold on is the key
Many people are not unable to make money, but unable to keep the money they earn.
Some people made 500% profit only to lose it all, while others were greedy and wanted to make 10 times their money, but ended up losing half of their money. I have fallen into this trap myself.
Then I learned:
Take profits in batches, quit when you are ahead, and pocket the profits.
Control your position and don’t put all your chips on one point.
Manage your emotions, don’t get carried away when you make money, and don’t panic when you lose money.
Control is the confidence to survive in the face of fluctuations.
Summary: From 20,000 to 1 million, my biggest gains are three points:
Execution: Dare to act when the opportunity comes, don’t delay.
Cognition: Understand market rules and understand trends.
Control: Don’t be swayed by emotions and learn to hold on to profits.
Finally, I want to say that this is not a "copy and paste" tutorial, but my real experience.
The secret to wealth in the cryptocurrency world isn't blindly rushing to riches, but rather a combination of cognition, execution, and control. Even if your capital isn't large, as long as you master these three key points, you'll have a chance to seize your own $1 million.
Remember: making quick money depends on luck, making big money depends on cognition and execution.
