How to turn $1000 into $1 million? đž
1. Don't fall for the big headlines.
Headlines like "make a million from a thousand" are a trap. Cryptocurrency is not quick money. đ
2. Real success stories are rare.
Yes, someone made x10, x20 in the last bull market. But there are only a few of them. Most lose everything. đ
3. Learn from other people's mistakes.
Many people invest looking at advice like "buy now, it will grow." But smart money learns from other people's mistakes, not from their own. đ§
4. Be prepared for losses.
I've had liquidations too. I've lost money on futures several times. This is the reality of the market. Don't invest more than you're willing to lose. đž
5. Don't risk your life's money.
Your mental peace is more important than potential profits. Invest only in what is not critical to your budget. đ§ââïž
6. Diversify risks.
Don't put all your eggs in one basket. Hold different assets to minimize risks. đŒ
7. Knowledge is your weapon.
Don't invest in what you don't understand. Understand the technology before investing. đ
