Can 10,000 earn 1,000,000 in the cryptocurrency world?

Based on my experience, I can tell you: two methods!

First method:

You only need two 10x opportunities to earn 1,000,000.

First, prepare 10,000, then 10,000-100,000, 100,000-1,000,000.

Break down 1,000,000 into two 10x opportunities, and find corresponding opportunities at each level. Repeat the profitable operations 100 times in each 10x, and you can basically achieve 1,000,000.

So next, you just need to find two 10x coins.

Second method: In the cryptocurrency world, the only way to earn 1,000,000 from 10,000 is to roll over.

Once you have 1,000,000, even if you don’t use leverage and hold a spot that rises by 20%, you will have 200,000, which is already the income ceiling for most people in a year.

At this point, you will also grasp some ideas and logic for making big money, and your mindset will become much calmer; from then on, it's just copy and paste.

Trading requires the ability to identify the size of opportunities. You can't always have a small position, nor can you always have a heavy position. Usually, play with a small position, and when there's a big opportunity, take action.

For example, rolling over should only be done when there's a big opportunity; you can't roll over all the time. Missing out is fine because in your lifetime, you only need to roll over successfully three or four times to join the ranks of the wealthy.

Things to note about rolling over:

1. Sufficient patience; the profits from rolling over are huge. As long as you can succeed a few times, you can earn hundreds of thousands or millions, so you shouldn't roll over lightly. Look for high certainty opportunities.

2. High certainty opportunities refer to a sharp decline followed by sideways fluctuations and then upward breaks. At this point, the probability of following the trend is very high; find the point of trend reversal and get on board from the start.

3. Only roll long.

Risks of rolling over:

Many people think this is risky; I can tell you, the risk is very low, far lower than the logic of the futures you are playing.

If you open a position at 10,000 in Bitcoin with a leverage of 10 times, using a gradual position model, only opening 10% of the position, which means only using 5,000 as margin, this is actually equivalent to 1x leverage, with a 2% stop loss. If you stop loss, you only lose 2%, which is 1,000. How do those who get liquidated actually get liquidated? Even if you get liquidated, you only lose 5,000; how can you lose everything?

Suppose you are right, and Bitcoin rises to 11,000; you continue to open 10% of the total funds, also set a 2% stop loss. If you stop loss, you can earn 8%; what’s the risk? And so on...

Suppose Bitcoin rises to 15,000, and you increase your position smoothly; in this wave of 50%, you should be able to earn around 200,000. Catching two such waves would be about 1,000,000.