How to make a million per year

1. Initial accumulation of funds: First, through two months of hard work, strive to earn and accumulate funds to increase the principal to about 10,000 yuan.

2. Choose investment timing and targets: When the weekly chart of Bitcoin shows that the price is above the MA20 moving average (moving average), choose to buy two or three new cryptocurrencies. These currencies should be hot coins in the bear market, with market heat and attractive story backgrounds, such as APT or similar currencies that have emerged in the bear market. Remember, focus on new coins because their potential gains may be higher.

3. Risk management: When the price of Bitcoin falls below the MA20 moving average, stop loss immediately to protect your investment. At the same time, while holding these cryptocurrencies, continue to look for other opportunities to make money. Since your initial capital is 20,000 yuan and you plan to invest 10,000 yuan, you have two or three chances of failure.

4. Holding and selling strategy: If you successfully buy currencies like APT, consider selling them when they rise to 4-5 times the initial investment. Repeat this strategy over and over again, but remember that since you have limited funds, you must focus on new currencies with potential, rather than investing a lot of money in mainstream currencies such as ETH or BTC, whose growth may not meet your return expectations.

5. Long-term planning and mentality adjustment: The process from a bear market to a bull market may take one to three years. During this period, you need to be patient and calm. If three attempts fail, you may need to re-evaluate whether you are suitable for this field. If you really don’t achieve the expected results, it is recommended to shift your energy to other areas, such as work, hobbies, or personal ability improvement.

6. Try again after maturity: When you are more mature and stable, such as in your 30s, if you encounter a bear market opportunity like 2022 again, you can consider taking out 20,000 yuan again and try it according to the above strategy. But remember that even if you try again, you still need to be cautious and rational.

The core of this plan is patience, rationality and risk management. In the investment process, be sure to keep a cool head and clear goals, and don’t be confused by short-term market fluctuations.