How to Turn Three Thousand into One Million in the Crypto Space?
If you really want to make a million in the crypto space, you can try the method below. As long as you can persist, it might really be achievable. Step 1: Save some principal first Work hard for two months to save up about 10,000 as your starting capital; this is very important. Step 2: Choose the right coins, buy new coins When Bitcoin's weekly line is above the 20-day moving average (MA20), buy coins. But don’t buy old coins, like Bitcoin (BTC) or Ethereum (ETH), as they rise slowly and can't support your dreams. Buy new coins, especially hot coins during a bear market. For example, APT is a coin that emerged from the bear market; it can take off as soon as Bitcoin rises a little. OP is also a good choice. In short, buy coins that have popularity and stories.
2025 Altcoin Explosion! Buying these 6 coins now = financial freedom in 5 years?
"Those who bought SHIB in 2020 are now financially free!" "Those who went all in on Solana in 2021 saw their assets multiply by 100 times!"
History is always astonishingly similar—every bull market will give birth to a batch of altcoins that soar by 100 times. And now, the market is on the eve of a bull market, six coins worth going all in on in 2025 have already surfaced! If you position now, it could completely change your fate in 5 years!
One, why will altcoins experience an epic explosion in 2025? 1. Bitcoin halving effect, funds overflow to altcoins In 2024, Bitcoin will complete its halving; historical patterns show that 12-18 months after halving, altcoins will enter a frenzied bull market (this has been the case in 2016 and 2020).
Tonight at 8:30 PM, the non-farm payroll data will be released, with July expected to add 11,000 jobs, and the unemployment rate is projected to rise slightly from 1.4% to 4.2%. If this meets expectations, it will reinforce the view of a slowing job market.
At this week's meeting, Chairman Powell provided guidance on the September interest rate decision. Many data points have been released recently, and tonight's non-farm payroll will help influence the Federal Reserve's expectations for a rate cut in September, with significant implications for the September interest rate decision.
There is a term in the cryptocurrency world that is often mythologized - "rolling over". Some say it is a "wealth accelerator", turning 50,000 into a million; others criticize it as a "liquidation catalyst", where 100,000 can disappear in days. In fact, rolling over is neither mysterious nor evil, just like driving: following the rules can get you to your destination safely, while reckless driving will lead to disaster. If you only have 5000 yuan in capital and want to roll over to reach the million threshold, this article will break down the specific path - it’s not about luck but a combination of "profit-taking + low leverage + strict discipline", with replicable operational details at every step. First understand: rolling over is not about "adding leverage to gamble on size", but "using profits to roll the snowball".
Can you still make money in the cryptocurrency market?
Your thinking is correct; don't always aim for millions or billions. The cryptocurrency market is indeed a place for ordinary people to turn their fortunes, but it's not suitable for those who think of getting rich overnight. If your strategy is wrong, you can face liquidation and lose everything. Even if you only have 100U in capital, you can still manage your positions. Slow and steady wins the race; let me share my thoughts with you:
Only invest in mainstream coins, avoid altcoins. First, consider the size of your capital. If you haven't reached 5000U, there's no need to buy spot. Those with larger funds can consider buying in batches at 70% when the price dips. When the market rises, sell your holdings. Use 30% for day trading contracts. For each trade, only risk 1-3% of your capital, and set stop-loss orders. Enter trades at resistance and support levels, and if you're wrong, cut your losses. Avoid trading during uncertain times; your win rate will improve. If you’re always thinking about going all in, that leads to liquidation. You can also come and chat, let's play and learn together, sharing multiple strategies.
Continue to follow: CFX ENA ETH SOL XRP DOGE OM SUI BIO $BTC
Can a newbie make money in the cryptocurrency space?
It's difficult; you might get lucky and make some money, but will you exit after making a profit? If you don't exit, then it becomes risky.
Moreover, this isn't just a question of whether a newbie in cryptocurrency can succeed; it's a matter of trading principles and experience. Trading is essentially a process of continuous learning and practical application in a cyclical manner.
1. Determine the trading variety and understand its content and characteristics. 2. Carefully review others' experience sharing, analyzing their successes and failures. 3. Set reasonable profit-taking targets and acceptable loss limits.
Can trading cryptocurrencies really make you rich?
Find the right target, Enter at the right moment, And be able to choose to exit at the right time, Then making money is certain. As for what is the right target? For example, buying Bitcoin, What is the right moment? For example, ten years ago, Or today, As the saying goes, The best time to plant a tree was ten years ago, The second best time is now, Bitcoin has never owed anyone, As for the right moment, For Bitcoin, If the quantity is not large, It is worth holding onto continuously.
The market is about to explode! Focus on 3 altcoins with a potential for 10x growth!
According to the current liquidation map, the market is currently dominated by short positions. Based on the current Bitcoin price near $117,700, if the market fluctuates up or down by $2,000, rising back to around $119,700, the estimated cumulative liquidatable short amount would be about $1.02 billion. Conversely, if the market drops to around $115,700, the estimated cumulative liquidatable long amount would be about $1.184 billion. Yesterday, the net outflow of funds for Bitcoin spot ETFs was $83.4 million, and for Ethereum spot ETFs, it was $5.1 million. The overall market direction is primarily sideways and fluctuating. Based on the current market and Ethereum trends, the daily chart is still in a sideways consolidation phase. Currently, the market is paying more attention to the upcoming news, so caution is needed to prevent large fluctuations. At the same time, most altcoins have slowly adjusted downwards, and the strategy for the major Ethereum market remains unchanged, focusing on short-term swings. Additionally, pay close attention to news from the US-China trade negotiations. If substantial progress can be made, it will be beneficial for various financial sectors in both countries, avoiding another major fluctuation.
A Summary of the Underlying Logic of Making Profits in the Crypto Market
Having navigated the crypto world for nearly 10 years, I have made profits and incurred losses along the way. I have been involved in ICOs, meme coins, mining, and have experienced three rounds of bull and bear markets. After summarizing countless operations, I found that there is only one method to make steady profits. That is simple and straightforward: it's something everyone understands. Buy in a bear market, sell in a bull market, and you will make a profit without loss. A bull market generally lasts 6 months to 1 year, while a bear market usually lasts 1 to 2 years. One complete cycle of bull and bear markets takes about 3 to 4 years. Seizing the opportunity to earn at least 50%+ in each bull market is enough to outperform various financial products, stocks, and funds, as this 50%+ gain is guaranteed with no suspense.
If I made a lot of money in the cryptocurrency world, will the bank question the source of the money when I withdraw it?
Whether you are a newcomer or an old hand in the cryptocurrency world, there are many confusions regarding withdrawal issues. Newcomers are afraid they can't withdraw money, while veterans are worried about encountering dirty money. If newcomers are only making small transactions, there is no need for such worries. After all, the domestic OTC market is peer-to-peer (C2C) trading; there are people who want to buy and people who want to sell, so there will always be C2C trading methods. Currently, the C2C trading markets of Binance and OKX are still stable, so find merchants with high credibility and don't be greedy for small profits; you can use it with peace of mind. Next, let's focus on the issue of old hands in the cryptocurrency world being concerned about withdrawal bank cards being frozen, which is the worry of receiving dirty money.
A Comprehensive Guide to Safe Cashing Out in the Cryptocurrency World
Pay attention to the following points to effectively prevent receiving illicit funds that could lead to card freezing: (1) For OTC transactions, try to choose large platforms like Binance and OKEx. These platforms have good communication channels and risk control measures with mainland regulatory and law enforcement agencies. (2) Try to choose OTC platforms that support T+1/T+2 withdrawal strategies. Although you cannot withdraw immediately after selling coins, it reduces the risk of being implicated in money laundering through OTC transactions. For example, Binance T+1, Huobi Strict Selection Trading (compared to free trading, T+2 withdrawal). (3) Avoid directly using stablecoins like USDT for OTC transactions; try to use mainstream coins like BTC and ETH for OTC transactions.
How long does it take to earn the first pot of gold in the crypto world?
Usually, a leek takes a bull-bear cycle to grow from sprouting to maturity, about 5 years. For relatively dull people, like the author, it may take about 10 years to establish oneself in the crypto world, but I can't say that the first pot of gold guarantees a sustainable living. Of course, unlike the average millionaires on Zhihu, being able to support oneself means being able to generate stable income in the crypto world. The investment method is quite simple: accumulate coins in a bear market and sell in a bull market. Of course, investment strategies and returns are multidimensional, which I won't elaborate on here. The saying goes that if you don't open for three years, when you do open, you can eat for three years. This is true in the crypto world more than anywhere else.
What strategy has the highest probability of doubling five thousand yuan in the cryptocurrency world to one hundred thousand?
Hey, I'm familiar with this. There are options that allow you to trade contracts, options for participating in the primary market, and options for holding spot assets. I wouldn't recommend any of those. I suggest participating in major projects (only limited to blockchain projects with over a hundred million dollars in funding) with a small amount of capital for ecological governance, to earn your deserved participation rewards.
Here are the reasons: 1. Opening contracts with 5000 yuan is quite awkward; high leverage makes it easy to blow up. With low leverage, you can't have enough margin for long positions. Moreover, contracts must have your own (definitely your own) strategy. With a principal of 5000, you can't afford to make mistakes. Ultimately, it’s just a path to zero. So, basically, forget about contracts; the chances are high that you'll end up at zero. 2. Playing in the primary market is not advisable if you don't have a reliable information channel. There's a high probability that you’re just giving money to the market makers. Newcomers indeed have a high probability of purely giving money to the market makers. 3. Holding spot assets is even less recommended. With 5000 yuan, the capital is too small, and the secondary market is still very bearish. With this amount of capital, you can't hold onto it or cut losses. I completely do not recommend it.
So, that leaves the airdrop track, which I personally believe is very early stage. By participating in ecological governance for some blockchain projects (engaging in network interactions), you can obtain distributed token rewards. (Limited to large tokens; small tokens are easily pulled back) Participating in governance to earn returns is certain. Choosing good projects and having enough understanding of this track, you will know that the returns are indeed incredibly certain. And the investment is just the gas fees. Of course, if you create multiple accounts, there will also be management fees for those accounts. Including some fingerprint browsers and some services for purchasing IP addresses. (The costs in the cryptocurrency world can truly be described as extremely low.) For specific costs and returns, refer to previous articles. Can 5000 reach 100,000? It’s obvious that even 100,000 is considered low…
How much do you know about the cryptocurrency world?
You only know that Li Xiaolai was once the Bitcoin billionaire, but you may not know that in 2011, Li Xiaolai bought 2,100 BTC at an average price of $6, which then dropped below $1, experiencing a 97% decrease in asset value and the resulting melancholy. You only know that Zhao Changpeng made it onto the Forbes rich list, but you may not know that in 2014, he sold his house in Shanghai and invested all his funds into BTC, only to regret it when the price plummeted. You only know that Zhao Dong is a big player in over-the-counter trading, but you may not know that in 2013, he bought 2,000 BTC for 1 million, and after his assets soared to over a billion, he faced a collapse in 2014 with three futures liquidations leading to a total loss of 1.5 billion and debts of 60 million, yet he persevered, and spring eventually came! Now, you only know about immediate benefits, but you don't realize the future market value! In this industry: 1. When it drops, there is no bottom. 2. When it rises, there are no limits. 3. If you can't handle the panic of turning 1 million into 100,000, you won't enjoy the blessings of turning 1 million into 1 billion.
How to Treat Cryptocurrency Trading as a Profession?
Personal advice: Those without certain experience in the cryptocurrency circle should not treat it as a profession; at least experience one or two rounds of bull-bear cycles to qualify for treating it as a profession! Or consider this after being active in the circle for four years! In my seven years of trading, I have experienced ups and downs, from debt to wealth freedom; I have made money, lost money, and gone through countless pitfalls. It is said to be a game of bulls and bears, but it feels more like managing one's mindset—full of surprises and disappointments. A magical circle, a charming place, where I have summarized countless operational methods and strategies! Read and learn from what I share before considering whether to go full-time in the cryptocurrency circle!
After making a tenfold profit in the crypto world, what will you do with this money?
Let’s assume you earned a billion. If you sell a lot of U every day and do not withdraw, reaching 5 million, the bank will call you to visit your home, asking you to buy financial products, trusts, or insurance, and to apply for a VIP gold card. If you sell U on a platform, you will definitely encounter dirty money. Level three dirty money is not too much, it will be frozen for three days, but with that much in your account, it will probably be frozen for six months. If you have second-level dirty money, it may be frozen for six months or even confiscated. If the amount is not too much, you might compensate 10%, and that could resolve it. If it’s too much, then people might end up going to prison, and you won’t be able to use the internet, open cards, or take loans for five years.
The God of Cryptocurrency Contracts, Liang Xi's Paranoia
Liang Xi, whose real name is Geng Zhiyu, was born in 2002 in Jinan. He came from a love-deprived family and was a bit rebellious and foul-mouthed. He donated 500,000 yuan to charity and was once a young swimmer in Jinan. He loved playing games and was addicted to them. He was sent to a school to quit Internet addiction and was later sent to a mental hospital by his father, which led to schizophrenia. He often suffered from split personality, talked nonsense, fought, and gambled. He was detained repeatedly by Jinan police. Liang Xi mentioned his father's education method in his Weibo: sending him to an Internet addiction treatment school and a mental hospital. An Internet addiction treatment school is a dark place, which is countless times more terrible than a prison. It is a modern Auschwitz concentration camp. So I completely understand the girl who killed the enemy who sent her to hell after she walked out of the Internet addiction treatment school in the news. As for the mental hospital, common sense also knows that it is not a place for human beings. Normal people are tortured into mental illness in it. In China, there is neither a perfect law to protect minors nor a resolute crackdown on the abuse and torture of others.
In the cryptocurrency world, there is a phenomenon called collective self-destruction. For example, when Elon Musk tweeted and changed Twitter's logo from the little blue bird to a dog, the crypto community erupted and rushed to buy the dog-themed coin. Musk secretly enjoyed it and quietly sold 450 million Dogecoin, leaving retail investors to pick up the pieces. A world-famous trademark, with a brand value of over a hundred million, cannot just be changed at will. Indeed, the next day, Musk changed the dog back to the little blue bird, and Dogecoin plummeted, leaving those who traded contracts in a dire situation. A mere bluff, relying solely on hype will lead to self-destruction.
As the Starship launched, retail investors thought this time they could finally get rich overnight and rushed in. Unexpectedly, the rocket froze and delayed its launch, leaving the retail investors trapped at the peak.
Retail investors are like ants, while the big players are like elephants. Ants always think that unity is strength, but this way of thinking is truly misguided; the more coins retail investors concentrate their holdings on, the more likely they are to lose. A single ant doesn’t weigh much, but when there are many ants, they become a meal for the big players. Anyone who shouts together in the group to rush in will invariably end up losing.
The essence of the capital market is a game of wits and courage between retail investors and big players, a game where money is the cost, similar to cat-and-mouse. Big players aim to make retail investors suffer. If retail investors all made money, wouldn't the big players have to go hungry? Do they really think retail investors can defeat the big players? Yes, the pigs think the same way. Looking at the cryptocurrency market, the more hope retail investors place on a coin, the more likely it is to crash, like FiL or People...
Blockchain must be combined with real economic applications to have value. In the long run, the application of coins must either serve as currency applications or as ecological technology applications; apart from these two, everything else is just air and will eventually go to zero. Currently, the essence is speculation; since it's speculation, one must train oneself to be a hunting dog, with keen instincts and insight into the market. When the slightest change occurs, one must rush in and seize the food from the big players' mouths to be considered excellent.
Learn skills, master survival techniques, and you can enjoy endless fun in the battle against the big players!!!