How to turn 10,000 into 10 million in the crypto space?

Many people have made 10 million in the crypto space, but making 10 million yourself and summarizing a methodology for ordinary people to make 10 million are completely different matters; the latter is obviously much harder.

The thinking method here is to break down 10 million into three tenfolds, looking for corresponding opportunities for each of the first, second, and third tenfolds, and replicate profitable operations 100 times within each tenfold. I think these ideas are very practical, scientific, and effective.

So how to earn 10 million in the crypto space?

First, let’s state a basic theorem:

In a person's life, you only need to go all in on three tenfold coins consecutively.

Prepare 10,000 USD, a fund that may or may not matter to you.

Then 1-10 million, 10 million-100 million, 100 million-1 billion.

10 million USD can basically be considered a small target.

If you don't have 10,000 USD as startup capital or if this 10,000 USD is not something you can afford to lose.

Then just work and study hard. Investing might not be suitable for you.

Because at this point, your risk tolerance is too low.

Once an all-in fails, it’s very likely to fail and will severely affect your real life; in the end, it will be a case of losing more than gaining.

One must not be too greedy; remember this!

For most investment targets, liquidity is sufficient.

First, you need to close your eyes and seriously recall what project made you the most money or what project you had the most confidence in making money.

If this 'money-making project' can be replicated, then repeat the profitable operation 100 times!

If you can't think of anything, or haven't earned your first bucket of gold, then I personally think the best options at this stage are two.

1. Grab airdrops

As for how to grab airdrops, since each project is different, everyone essentially knows that this part of the cost is actually very low.

2. Find ways to get popular NFT whitelist spots

The basic idea is to find popular projects to work hard for whitelist spots. You need to utilize some cleverness, and small cleverness is also not excluded.

Don’t dismiss it right away, thinking it’s impossible; I really can’t do it. In fact, the better the project, the lower the threshold for ordinary people, but it requires effort to research and innovate.

Most NFT projects support creation for whitelist spots; the earliest idea was to build snowmen—if you are a bear project, I'll build a bear; if you are a monkey, I'll build a monkey; a salted fish only costs a few dozen dollars.

Project parties will have various lotteries, Twitter retweet lotteries, Discord lotteries. Create massive small accounts to participate and increase winning chances.

Even the most primitive method—chatting. For projects like hape that are hard to get whitelist spots, I have several friends who clock in daily like at work to keep the rhythm. After mastering the 'methods,' they all got whitelists.

As long as you are willing to think, there are always more solutions than difficulties.

But if you have no ideas and just want to follow the crowd, then you definitely won't get far.

The cost of this part depends on the project; the key is to correctly identify the project. Then, if you create multiple accounts, it still requires some cost. 10,000 USD should be enough for the current market.

All content does not constitute any investment advice! Everyone needs to make their own research judgment to make decisions.

3. Shit coins and contracts

This is not considered the best option, and I strongly advise against it. The reason is well known, so I won't elaborate.

But if you are exceptionally talented, you can indeed earn a high multiple in a very short time.

Not going to elaborate now; we can chat separately when there's an opportunity.

4. Participate in IDOs, IEOs, private placements, Coinlist public offerings, etc.

This part has a relatively high threshold.

Currently, public market IDOs and IEOs require initial investment, and there's a possibility that the principal loss could exceed profits.

It mainly depends on the project and luck. This part will require specific analysis for specific projects later.

For the private placement part, you need help from benefactors.

If you have friends working in large institutions, you can maintain contact regularly. If a good project comes up, who knows, you might take off with it.

Now institutional investment in projects is also very tight; a few thousand or ten thousand dollars can also be invested.

Still, it's not blind investing; you need to understand the project. Reliable projects suggest going all in.

A very simple idea is that investing in projects is investing in people; if you don't understand the project, just see if the person is reliable. A reliable person's project is generally also reliable.

5. DeFi mining

As of now, old mines basically don't have much profit space.

You need to continuously pay attention to new projects.

The earlier you enter, the more chances you have for tenfolds.

Since each project's gameplay varies greatly, I won’t elaborate further. Different projects have different gameplay.

Overall, the most important point in this stage is to endure loneliness.

Why? Because this part varies from person to person; some people take a long time to break through.

Sometimes it may take many losses to realize the method of making money.

It's also possible that after a round of operations, you find that you really aren't cut out for this.

If you really feel lonely, you can find like-minded people to team up with.

Exchanging information and encouraging each other is very important.

Chatting and communicating to find someone who resonates with you, with a similar asset level, for mutual prosperity.

After successfully getting the first tenfold dividend, congratulations, you are very close to success.

Second step: 100,000 - 1 million, you can use the simplest yet practical method, which is to repeat the first step 10 times.

Simple and straightforward, but practical.

With 100,000 USD, take 10,000 USD to repeat the first step. You need to patiently wait for the remaining 90,000 USD for an opportunity.

Every year, miracles happen in the market, and there will be miraculous coins appearing.

Such coins have a baseline of tenfold increase. Some may even have a hundredfold. LINK, AAVE, YFI, AXS, LUNA, MATIC, BNB...

Your goal is to lock it in early. Go all in. Sell at the high.

It sounds challenging, but in practice, it’s really quite difficult. Almost impossible.

To put it simply, if a coin rises tenfold, trimming the ends, we need to capture a 3-5 fold increase in the middle, which is entirely possible.

Such coins will have strong consensus; as long as you are slightly perceptive, you will definitely sense their popularity.

If it’s a bull market, then the overall market may rise more than twice; choosing coins becomes easier. Buying casually might yield tenfold coins.

If it's a bear market and everyone is falling, if there's a coin that keeps rising against the trend, you wouldn't be unaware.

After finding this coin, you need to formulate a detailed strategy.

How to enter? Is it to go all in after a pullback, or dollar-cost averaging, or to go all in at the current price, or to buy in batches?

Then if it’s a judgment error on your part, when to stop loss.

If it’s a fake drop, should you still get in? If it keeps rising without a pullback, should you rush in directly?

Questions like these need to have response strategies thought out in advance. Then confidently get in.

No matter how the market situation changes, you are already prepared.

This way, you will hold on for longer and won't be washed out by small fluctuations.

Of course, this also requires some luck. Good luck is also part of strength.

After completing the second step, the urgent thing you need to do is to calm down.
Many people become arrogant after making money.

Then they will play around aimlessly and end up losing everything they had.

Go back to the first step and start over.

So at this stage, the most important thing is to overcome your inner desires. Calm your mind, and then you can accomplish the final great task.

The goal of the third stage is to go from 1 million to 10 million. Although the same tenfold increase is required, the difficulty is not just a little bit higher.

I personally believe that the element of luck at this stage is already very low.

Your ability to achieve your goals largely indicates that your cognition and strength have risen to a new height.

Conversely, this means you need to wildly improve your cognition and knowledge level to achieve your goals.

You need to have a thorough understanding of the entire market, you need to have strong learning abilities, and you also need to possess very strong psychological qualities.

To achieve these goals, you need to continuously learn and enrich yourself. Make yourself stronger.

When your knowledge base and cognitive ability break through that critical point, you'll find that this stage is not very difficult.

The main goal at this stage should be in public chains, platform coins, and emerging markets (such as NFT, WEB3, SocialFi, etc.).

The projects you invest in need to have a high ceiling, significant development space, and must integrate with the current environment.

Specifically, you may need to wait for an opportunity, similar to black swan events like 312 or 519, which will be the biggest opportunities.

You can take a small portion of money and infinitely repeat the first and second steps, making money while learning and looking for your all-in target.

Large funds can find safe and stable mining opportunities in DeFi to earn interest, which is also very appealing.

After finding the target, patiently wait for the opportunity to come.

You can dollar-cost average or buy in batches.

After buying, validate your logic. Because at this point, you are already strong; I think your win rate will be very high.

The last step will be a major cycle; it's not an overnight wealth.

So prepare to be friends with time.

Are you going to keep toiling away alone? When will the tenfold opportunities come to us? Hurry up and follow along with Guang Ge. Hold on to the first-level market's pathways, dig for potential coins, and it’s better not to wait for the wind to come; stay close, and don’t let the meat fall into someone else’s bowl.

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