There are many people who have made 10 million in the cryptocurrency circle. However, making 10 million by yourself and summarizing the methodology for ordinary people to make 10 million are two completely different things. The latter is obviously much more difficult.
The thinking method is to break down 10 million into three times of 10, look for opportunities of corresponding magnitude in the first, second and third times of 10, and repeat the profitable operation 100 times in each times of 10. I think these ideas are very scientific and effective.
So how do you make 10 million in the cryptocurrency world?
Let's start with a basic theorem:
In one's lifetime, one only needs to bet three ten-fold coins in a row.
Prepare 10,000 US dollars, which is dispensable to you
Then 10,000-100,000 100,000-1 million 1 million-10 million
10 million US dollars can basically be considered a small goal
If you don’t even have $10,000 in startup capital or if you think this $10,000 is not necessary for you,
Then just work and study like crazy. Investing may not be for you yet.
Because your risk tolerance is too low at this time.
Once the all-in fails, it can be said that there is a high probability of failure, which will seriously affect your real life and the loss will outweigh the gain!
Don’t know what to study? English! Can’t find a job? Takeout!
If you only want 10 million RMB, then just change the unit or scale it up or down. The principle is the same.
First of all, your current task is to find 3 "10x coins" in a row.
Why the quotation marks?
Because you don’t necessarily need coins here, you can have a lossless arbitrage opportunity, it can be DEFI mining, it can be local dog, it can be NFT, it can be any target...
Let's talk about it in detail:
In the initial stage of 10,000 to 100,000, the replication and expansion of money-making projects are the key. If you have successful experience, you can repeat the operation to amplify the income; if not, it is recommended to try airdrops or strive for the popular NFT whitelist, which requires innovative thinking and energy investment. The cost of airdrops is low but the operation is different, and the popular NFT whitelist requires ingenuity and strategy. Of course, all actions must be based on in-depth research and judgment of the project. Tugou and contracts are not recommended solutions and have high risks. Participating in IDO, IEO, private placement, etc. requires thresholds and noble help, but investing in projects is investing in people, and projects of reliable teams are more trustworthy. DEFI mining requires attention to new projects, patience, and considerable returns after breakthroughs. After successfully achieving the first 10-fold growth, you can repeat this strategy to move towards the goal of 1 million. Find and lock in the market's god coin opportunities every year, and through keen observation and formulation of strategies, eat the middle increase and gradually realize wealth accumulation. When the bull market is generally rising, it is more convenient to select coins; in the bear market, the coins that rise against the trend are more worthy of attention. Each step requires accurate judgment and patient execution to gradually move towards success.
How to enter the market? Should I go all-in after the correction, make fixed investments, go all-in at the current price, or buy in batches?
Then if it is a mistake in judgment, when should I stop loss?
If it is a fake fall, should I still get on board? If the stock keeps rising without a correction, should I just rush in?
For problems like these, you need to think of a strategy in advance, and then get on the bus with confidence.
No matter how market conditions change, you will be prepared.
This way you will be able to hold on to it for a long time and won’t be washed out by a small fluctuation.
Of course, some luck is also needed here. Good luck is also part of strength.
After completing the second step, the most urgent thing you need to do is to meditate.
Many people become arrogant after they make money.
Then I will play around and end up losing everything for myself.
Go back to step one and start over.
Therefore, at this stage, the most important thing is to overcome your inner desires and calm down, and then you can complete the final great task.
The third phase target is 1 million to 10 million. Although it is still a 10-fold increase, the difficulty is not a little bit greater.
I personally think that the luck factor at this stage is already very low.
Your ability to achieve your goals says a lot about your cognition
If you can’t find your direction in the cryptocurrency circle and don’t know what coins to buy, please find me at the top of my page and I will share more information and strategies related to the cryptocurrency circle for free.
