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If I only have 3000 yuan, can it become 1 million in the cryptocurrency space? 1 million minus the 3000 is 330 times, and for an average person working, saving 3000 after expenses in a month is considered good, right? If there are no unexpected situations, it would take at least 300 months, or 25 years, to reach 1 million in assets. In the cryptocurrency space, you can't say for sure that you will earn money, nor can you say you won't earn money. Why is that?
You must like, follow, and save this, as it relates to how far you can go in this circle, and it all depends on how you operate. Take this bull market as an example: if you are a spot trader and have good luck, encountering a 10x or 20x altcoin, waking up every day to see your account balance increasing, when your 3000 turns into 30,000, ask yourself if you can still hold on? This is still the lucky scenario because there are so many projects in the cryptocurrency space now that no one can guarantee that a specific asset will definitely reach 10 times or more.
What about another type of player? The technical requirements are extremely high; you need precise positions, the ability to understand trends, and to judge directions. More importantly, it's a test of psychological quality, which beginners cannot possess, so this method is even less realistic for newcomers. Turning 3000 into 30,000 in the cryptocurrency space is achievable, but nothing can be accomplished overnight. Therefore, you must strictly adhere to trading discipline, avoid greed and recklessness, and gradually improve your understanding and abilities step by step.