Many people like to ask: what to buy in January, what to buy in February, and by the end of the year, can I become a millionaire?
To be honest, such answers are mostly nonsense. Because the core of the problem is never 'what to buy', but - how do you first get your initial 100,000.
Why do you say that?
Because in a bull market like the cryptocurrency market, where you can casually make 10 times your investment, without capital, everything is just talk.
One, the first step: make money, not fantasize about getting rich
When you only have ten thousand, if your monthly salary can earn ten thousand, that means your assets double in a month, which is certain.
But if you take this ten thousand to gamble on the market and choose the wrong coin, not only will you not earn, but you may also lose everything.
So, when you have no money, making money outside the market is the way to go.
The only task for these months is to save money.
Everything else is a side task; save where you can, earn where you can.
Look for part-time jobs after work, such as driving, Didi, delivery, or setting up a stall without limits, filling your 16 hours every day. Don't complain about being tired; you've already wasted too much time.
Ensure you have an income of 10,000 to 15,000 each month. After six months to a year, you can save your first bucket of gold - around 100,000.
Two, the second step: wait for your panic moment
When you have 100,000 in capital, the next step is crucial.
Don't hesitate, first convert everything to U (gradually is fine too).
Then what are you waiting for?
Wait for the panic low.
What is a panic low?
For example, the scene on the morning of August 5, 2024:
The market crashes, and the bearish candles get bigger and bigger;
Trading volume is increasing;
Finally, a sharp drop, with stop-loss orders and liquidation orders collapsing in a chain;
The market is filled with voices saying 'it's over' and 'the market has collapsed.'
This is the panic low.
At such times, do not hesitate:
Buy everything in spot market;
If you dare, use double leverage in the cryptocurrency market to gradually go long;
Ensure your position is safe; once you buy, don't touch it again.
Then, forget about it.
Three, the third step: witness the million moment
When should you sell?
When people around you start asking, 'Which coin can make money?' or when distant relatives excitedly recommend some pump-and-dump coin to you, it's time to take partial profits.
At this point, you are likely already sitting on the threshold of a million.
Four, the harsh reality
It sounds great, but very few people can actually do it. Why?
The first step is stuck: it's very hard for ordinary people to work hard for half a year without resting, just like Musk did when starting a business. Most people slack off at work, play games after work, stay up late watching short videos, talk about getting rich, but their actions are a mess.
Choosing the right coin is hard: you don't even know what a 'good coin' is, let alone picking the best among the best.
Not daring to take action: when the market truly crashes, the screen is full of 'it's over', and most people are scared to death and dare not buy.
Lack of faith: once trapped, many people begin to waver, doubt themselves, and ultimately give up halfway.
Five, Summary
It is not impossible to go from 0 to 1 million in a year.
But the prerequisite is that you have to do:
Work hard and save enough for your first bucket of gold;
With someone reliable to guide you, or you can judge independently;
Dare to bet heavily during panic;
Unconditionally stick to the path you choose.
If you can do these few things, congratulations, you have a high probability of achieving a leap to freedom in 2025.
The future is bright, but the road is winding.
May you not be the kind of person who just talks about getting rich but can't even take the first step.
