How to Turn 3000 into 1 Million in the Cryptocurrency World
From 3000 to a million can be achieved in the following steps:
Step 1: Initial Accumulation First, through two months of hard work, increase your principal from 3000 to around 10000 yuan. Although this step is tough, it is the foundation of success.
Step 2: Select the Right Timing and Cryptocurrency When Bitcoin's weekly line is above the MA20, it is the best time for you to enter the market. Remember to choose new coins, especially those that are emerging in the market as hot topics. For example, APT was the focus of the market before it increased significantly. Remember, popularity, storytelling, and potential are key factors in choosing cryptocurrencies.
Step 3: Strict Stop-Loss and Capital Management Once Bitcoin falls below the MA20, immediately implement a stop-loss. Also, during the buying or waiting period, do not stop making money. Give yourself two to three chances to fail, but always ensure your investment is within a controllable range.
Step 4: Seize Opportunities and Act Decisively If you successfully buy a potential coin like APT, when it reaches a 4-5 times increase, act decisively. Then continuously repeat this strategy. Remember, as a small-cap investor, you must seize opportunities with new coins and avoid blindly chasing large-cap cryptocurrencies.
Step 5: Patience and Perseverance From bear market to bull market, if you can successfully seize three opportunities for a 5-fold increase, your capital will grow by about 125 times. This process may take a year or even three years, but as long as you maintain patience and perseverance, success is within reach.
