How long does it really take to hit the jackpot in cryptocurrency? In my experience, starting with a small amount of capital makes spot trading less effective. For example, doubling 2,000 yuan only gets you to 4,000 yuan, and thatâs assuming youâre lucky enough to pick a coin that doubles in value. Constantly jumping between different coins often feels like youâre taking three steps forward and two steps backâafter all the effort, you barely make any progress. In contrast, those who hold onto a single coin long-term often see more significant gains.
For those willing to take on bigger risks, contract trading might offer faster rewards, but without the right mix of knowledge, good judgment, and luck, it can feel more like gambling. The key is timingâcapitalizing on a strong bull or bear market when trends are easier to predict. Another strategy is to follow someone with a proven track record or align with a solid network, but ultimately, success comes down to your own decisions and timing.
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