Is it really that hard to earn 1 million RMB in the cryptocurrency world? What are the ways?
Today, let's talk about something practical, and I'll guide you step-by-step on how to earn your first 1 million in the cryptocurrency space. Three approaches, choose the one that suits you:
First: The Zen Investment Strategy
Prepare a principal of 100,000 to 200,000 RMB, convert it all into Tether (USDT) and deposit it into a reliable exchange. Then set up an automatic investment plan, buying a fixed amount weekly, dividing the principal into 96 parts to invest gradually. Specific allocation: 60% Bitcoin, 30% Ethereum, 10% Binance Coin. After investing, uninstall the app and resist the urge to check the market every day.
Wait for 4-8 years, survive one or two bull and bear cycles, and your million-dollar asset will be credited automatically. What’s the best part about this strategy? It’s simple! No competition, suitable for office workers and lazy people.
Second: The Technical Approach to Harvesting Airdrops
Want to play with airdrops and grab whitelist spots? First, assess whether you can program, whether you can mess with cloud servers, and whether your English is good enough to browse Twitter and read project Telegram groups. This field is no longer a playground for retail investors; now it’s operated in bulk by studios, requiring script writing, account management, and anti-ban techniques.
In simple terms, this is a technical job that requires you to keep an eye on new projects every day, stay up late completing tasks, and if you lack a geek spirit, give up early.
Third: The Bull Market Tenfold Coin Hunter
Want something exciting? At the start of a bull market, pick a potential coin and bet on a tenfold coin to take off. But don’t just rely on luck; you need to analyze:
Is the coin gaining traction? Is the concept new? Who is endorsing it?
(If you see Sun Yuchen or domestic projects, avoid them as they are likely to be scams)
Network more, pay tuition fees to the big shots, and when the time comes, your understanding must keep pace, and act when necessary.
Lastly, here’s a harsh truth
There’s another way—create your own coin to exploit others. But this field is very risky; without technical reserves and experience, you could easily fall victim to others. It looks easy, but it’s actually the hardest.
These three methods are laid out here; if you want to earn a million, first assess how long you can endure. Dollar-cost averaging requires time, the technical approach requires energy, and the hunter needs to maintain a mindset. Choose the right path and get started; don’t just think without action. The cryptocurrency world never lacks opportunities, only lacks bold individuals willing to bet big.