Can one thousand yuan in the cryptocurrency market turn into one hundred thousand? Let me share from personal experience: there are two methods!
Method One: Chase three 10x coins to achieve financial freedom?
Core Logic
There is a seemingly tempting basic theorem: in life, as long as one bets on three 10x coins in a row, financial freedom can be achieved. Specifically, if you prepare 10,000 yuan and achieve three consecutive 10x increases, you can grow from 10,000 to 100,000, then to 1 million, and ultimately reach 10 million. This means breaking down the goal of earning 10 million into the task of finding three 10x coins, and during each 10x growth, repeating the profitable operations 100 times. It seems that 10 million is within easy reach.
Real-life Dilemmas
However, finding a 10x coin is much more difficult than imagined. The cryptocurrency market has a wide variety of coins, and the market is highly volatile with extreme uncertainty. Many coins that claim to have potential ultimately either go to zero or remain stagnant for a long time. For example, in 2024, a large number of new coins emerged in the market, with over 90% dropping more than 50% in price within three months, and those that can become 10x coins are extremely rare.
Moreover, even if lucky enough to find a 10x coin, accurately grasping the timing for entry and exit is not easy, let alone finding three in a row. Additionally, the so-called repeating 100 profitable operations is nearly an impossible task in the rapidly changing cryptocurrency market, as each market situation is different, making it difficult to replicate successful experiences.
Method Two: Rolling Operations, a 'shortcut' from tens of thousands to 1 million?
Key Points of Rolling Operations
Patience is paramount: once rolling over is successful, profits can be enormous, potentially earning tens of millions or even hundreds of millions. Therefore, one must not act recklessly and must wait for high-certainty opportunities.
Opportunity Judgment: High-certainty opportunities usually appear after a sharp drop in the cryptocurrency price, entering a stage of sideways consolidation, and then breaking out upwards. At this time, the probability of a trending market is relatively high, and it is important to identify the key points of trend reversal and get in on time.
Operation Direction: Only engage in long positions.
Risk Analysis
Although some claim that the risks of rolling operations are much lower than futures trading, the reality is not so simple. For example, with a capital of 50,000, suppose you open a position when Bitcoin is at 10,000, setting 10x leverage and using a gradual position model, only opening a 10% position (i.e., 5,000 yuan as margin, equivalent to 1x leverage), with a stop loss set at 2 points.
It may seem that a stop loss only incurs a 2% loss (1000 yuan), but if the market trend is unfavorable and stop losses occur repeatedly, the capital can quickly shrink. Moreover, in actual operations, the cryptocurrency market is highly volatile. When encountering extreme market conditions, such as a significant drop in Bitcoin in a short time, even with good position control, one may face liquidation due to insufficient margin.
Additionally, wanting to seize two 50% market rallies to earn 1 million requires extremely high judgment of market trends. The market will not always develop as expected, and uncertainty always exists. At the same time, believing that 100-fold returns rely on a few multiples of growth rather than daily or monthly compound interest overlooks the powerful effect of compounding in long-term investment, instead emphasizing multiple growth which increases operational difficulty and risk.
Final Thoughts
In the cryptocurrency market, these two seemingly feasible methods for achieving wealth leaps face numerous insurmountable obstacles and risks. The cryptocurrency market is complex and ever-changing, filled with uncertainty and speculation. Behind the stories of overnight wealth are countless individuals who have lost everything.
Investment requires rationality; one cannot be overwhelmed by the fantasy of getting rich quickly. It is essential to fully recognize the risks involved and treat one's capital with caution. After all, in this tempting market, preserving capital is fundamental for long-term survival.
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