Do you know how long it takes to turn 1,000 yuan into 100,000 in the cryptocurrency circle?
Can you make 100,000 from 1,000 in the cryptocurrency circle?
Let me tell you from my own experience: there are two methods!
First method:
You only need three 10x returns to earn 10 million.
First, here's a basic theorem: in a person's life, you only need to continuously bet three 10x cryptocurrencies to achieve financial independence.
Step one, prepare 10,000 yuan.
10,000 - 100,000
100,000 - 1,000,000
1,000,000 - 10,000,000
Break down 10 million into three 10x opportunities, find corresponding opportunities in the first, second, and third 10x, and repeat the profitable operations 100 times in each 10x; with this, 10 million can basically be achieved.
So your next task is to find three 10x cryptocurrencies.
Second method:
In the cryptocurrency circle, you need to find a way to first earn 1 million yuan in capital, and the only way to earn 1 million from tens of thousands 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 earn at least tens of millions or even billions, so you shouldn't roll carelessly; look for highly certain opportunities.
2. Highly certain opportunities refer to sideways fluctuations after a sharp drop, followed by upward breakouts; at this time, the probability of following the trend is very high. Find the point of trend reversal and get in right from the start.
3. Only roll long;
Rolling position risks
Let’s talk about the rolling position strategy. Many people think this is risky, but I can tell you that the risk is very low, much lower than the logic of opening futures positions.
If you only have 50,000, how to start with 50,000? First, this 50,000 should be your profit; if you are still losing, stop looking.
If you open a position in Bitcoin at 10,000, set the leverage to 10x, and use the isolated margin mode, only opening 10% of your position, which means you are only using 5,000 as margin, this is actually equivalent to 1x leverage, with a 2% stop loss. If you hit the stop loss, you only lose 2%, just 2%? 1,000 yuan. How do those who get liquidated end up getting liquidated? Even if you get liquidated, isn't it just losing 5,000? How can you lose everything?
If you are correct, and Bitcoin rises to 11,000, you continue to open 10% of your total funds, setting the same 2% stop loss. If you hit the stop loss, you still earn 8%, where's the risk? Didn't they say the risk is huge? Continuing this way...
If Bitcoin rises to 15,000 and you increase your position smoothly, in this wave of 50% market movement, you should be able to earn around 200,000. Catching two such movements would amount to around 1 million.