First method:
You only need 2 tenfolds to earn 1 million.
First, prepare 10,000 yuan, 10,000 - 100,000, 100,000 - 1 million.
Break down 1 million into 2 tenfolds, look for corresponding opportunities at each level, and repeat the profitable operations 100 times in each tenfold; you can basically secure 1 million.
So you just need to find 2 tenfold coins next.
Second method: In the crypto world, to earn 1 million from 10,000, there is only one way, which is to roll positions.
Once you have 1 million, even if you do not use leverage, if you hold spot and it rises by 20%, you will have 200,000, which is already the income ceiling for the vast majority of people in a year.
And at this point, you will also grasp some ideas and logic for making big money, and your mindset will calm down a lot; thereafter, it’s just copy and paste.
In trading, you need to have the ability to identify the size of opportunities; you cannot always play with small positions or always with heavy positions. Usually, play with small positions, and when big opportunities arise, you can act.
For example, you can only operate when rolling positions is a big opportunity; you cannot keep rolling; missing out is okay because you only need to succeed in rolling a few times in your life to upgrade to the ranks of the wealthy.
Things to pay attention to when rolling positions:
1. Enough patience, the profit from rolling positions is huge; as long as you can successfully roll a few times, you can earn hundreds of thousands to millions, so you must not roll easily and should look for high certainty opportunities.
2. High certainty opportunities refer to situations where there is a sharp drop followed by sideways consolidation and then an upward breakout; at this time, the probability of following the trend is very high, find the point of trend reversal and get on board from the start.
3. Only roll long.
Rolling position risks:
Many people think this is risky, but I can tell you, the risk is very low, far lower than the logic of trading futures.
If you open a position in Bitcoin at 10,000 with a 10x leverage setting, using a margin mode, only opening 10% of the position, which is only 5,000 yuan as margin, this is actually equivalent to 1x leverage, with a 2-point stop loss. If you stop loss, you only lose 2%, which is 1,000 yuan. How do those who get liquidated end up in that situation? Even if you get liquidated, you only lose 5,000, so how can you lose everything?
If you are correct and Bitcoin rises to 11,000, you continue to open 10% of your total funds, also setting a 2% stop loss. If you stop loss, you can earn 8%. What about the risk? This can continue…
If Bitcoin rises to 15,000 and you successfully increase your position, in this wave of 50% market, you should be able to earn around 200,000; capturing two such market movements is about 1 million.
