There is no overnight wealth, only patiently waiting for the right moment. I have earned around five million in the cryptocurrency space. I have been traveling everywhere, and I don't have to worry about hotel prices when going out. Let me tell you from personal experience: there are two methods!
First method:
You only need three tenfolds to reach 10 million. First, a basic theorem: in a person's life, you only need to continuously bet three tenfold 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 10,000,000 into three tenfolds, and look for corresponding opportunities in the first, second, and third tenfolds. Repeat the profitable operations 100 times in each tenfold, and 10 million can basically be achieved.
So your next task is to find 3 tenfold cryptocurrencies.
Second method:
In the cryptocurrency space, you need to find a way to earn 1 million yuan first, and the only way to turn a few thousand yuan into 1 million yuan is to roll over your investments.
Here are some points to note about rolling over:
1. Sufficient patience. The profits from rolling over are huge. As long as you can successfully roll over a few times, you can earn at least tens of millions or even billions, so you shouldn't roll over carelessly; look for high-certainty opportunities.
2. High-certainty opportunities refer to a situation where there is a sharp drop followed by sideways fluctuations, and then a breakout upwards. The probability of following the trend at this time is very high, so you should identify the trend reversal point and get in at the start.
3. Only roll over long positions;
Rolling over risks
Let's talk about the rolling over strategy. Many people think this is risky. I can tell you, the risk is very low, much lower than the risk of trading futures.
Suppose you only have 50,000 yuan. How to start with 50,000? First, this 50,000 should be your profit. If you are still at a loss, then don't look at it.
If you open a position in Bitcoin at 10,000, set the leverage to 10 times, use the isolated margin mode, and only open 10% of your position, which is to only use 5,000 yuan 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%? That’s 1,000 yuan. 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?
