$WIF How to turn 100,000 into 1 million in the cryptocurrency circle?
The first way: 100,000 to 1 million, double 10 times!
The second way, 10w doubles once to 20w, doubles again to 40w, doubles again to 80w. Three times double, it will soon reach 1 million.
Most people think it is the first way, but most people who have made money use the second way.
You need to understand a formula: income = principal ✖️ volatility ✖️ time. For example, if the principal is 10w and it increases by 100% in 1 year, then the principal will become 20w after one year, doubling.
Now the common method used by leeks in the cryptocurrency circle is to amplify volatility, such as buying altcoins that jump up and down, and increase by 50% in one day, or cut in half in one day; or leverage, amplify volatility, such as a 5% increase in one day, 10 times leverage, then the income for one day becomes 50%.
Since you have thought clearly that you only buy spot and do not want to amplify the return by amplifying volatility, then there are only two ways, one is to choose a copycat, and the other is to extend the time.
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