Is it really so hard to make 1 million RMB in the crypto space? What are the ways?
In the last bull market, I earned 32 million. Let me share my personal experience of making my first pot of gold in the crypto space.
A male born in the 90s, graduated from university in 2014, worked in Shenzhen, and entered the crypto space in early 2016.
Currently, I have a house in Shenzhen, three cars, and can comfortably spend 100,000 monthly without much pressure. Most of my other assets are in exchanges.
I used to work in e-commerce in Shenzhen, earning 20,000 to 30,000 per month, with monthly expenses of over 10,000, allowing me to save around 10,000 to 20,000. Like many 'Shenzhen drifters,' I also wanted to buy a house in Shenzhen.
However, this level of income means that saving for a down payment is uncertain and will take a long time. There are bottlenecks in work income, and salaries are hard to increase.