Do you know how long it takes to recover 100,000 with 1,000 in the cryptocurrency world?
Can you earn 100,000 with 1,000 in the cryptocurrency world?
Let me tell you from personal experience: two methods!
First method:
You only need three 10x gains to earn 10 million.
First, let's establish a basic theorem: in a person's life, you only need to consecutively gamble on three 10x coins to achieve financial independence.
Step one, prepare 10,000.
10,000 - 100,000
100,000 - 1,000,000
1,000,000 - 10,000,000
Break down 10 million into three 10x opportunities. Look for corresponding opportunities during the first, second, and third 10x gains. Repeat profitable operations 100 times in each 10x, and you can basically secure 10 million.
So your next task is to find three 10x coins.
Second method:
In the cryptocurrency world, you need to find a way to first earn 1 million in capital. There is only one way to earn 1 million from tens of thousands, and that is through rolling positions.
A few points to note about rolling positions:
1. Sufficient patience; the profits from rolling positions are enormous. As long as you can successfully roll a few times, you can at least earn tens of millions or even billions. So you shouldn't roll easily; you need to find high-certainty opportunities.
2. High-certainty opportunities refer to sideways consolidation after a sharp drop, followed by an upward breakout. At this point, the probability of following the trend is very high. Identify the trend reversal point and get in right from the start.
3. Only roll long;
Rolling position risks
Let’s talk about rolling position strategies. Many people think this is risky, but I can tell you that the risk is very low, far lower than the logic of trading futures.
If you only have 50,000, how to start with 50,000? First, this 50,000 should be your profit. If you are still at a loss, don’t bother looking.
If you open a position at 10,000 for Bitcoin, set the leverage to 10x, using a sequential position mode, only opening 10% of the position, which means opening only 5,000 as margin. This is actually equivalent to 1x leverage with a 2% stop loss. If you hit the stop loss, you would only lose 2%, just 2%? That's 1,000. How do those who get liquidated end up losing everything? Even if you get liquidated, isn’t it just a loss of 5,000? How can you lose everything?
If Bitcoin rises to 15,000, and you successfully add to your position, in this 50% market move, you should be able to earn around 200,000. Grabbing two such market moves would bring you to about 1 million.
Compounding doesn’t really exist; 100 times is earned from 2 times 10x, 3 times 5x, and 4 times 3x, not from compounding 10% or 20% every day or month; that’s nonsense.
