It turns out that going from 300,000 to 10 million is true!!
I went from a principal of 300,000 to 10 million by trading cryptocurrencies,
relying on capturing cycles and trends.
During the bear market, I mainly hoarded mainstream coins like Bitcoin and Ethereum;
when the halving occurs, I will buy some platform coins,
investing about 100,000 in each.
When the price of Bitcoin exceeds the highest point of the previous bull market,
I will look for promising altcoins,
buying 50,000 to 100,000 based on their weight,
and if I have high hopes for a particular project, I will invest up to 300,000.
Once the profit reaches 10 times, I will sell half to lock in profits.
When the market is extremely euphoric,
when everyone is talking about trading cryptocurrencies,
I will liquidate all my holdings within a month,
switch to holding USDT,
and use it for wealth management to obtain stable returns.
When the market hits a new high,
I will borrow Bitcoin and Ethereum by mortgaging USDT,
gradually sell them for USDT,
usually selling 0.1 per day,
keeping the total borrowing within 25% of total assets.
During the bear market, I will again exchange USDT for Bitcoin and Ethereum,
and wait for the arrival of the next bull market.
My strategy is simple; I don’t watch the market closely,
nor do I conduct complex market analysis,
the key lies in understanding market cycles and trends.