Is it really that difficult to earn 1 million in the cryptocurrency world? What are the ways?

When trading cryptocurrencies, never be greedy. Keep these pieces of advice in mind to ensure you navigate the crypto space smoothly:

First: Averaging down is not meant to make big profits, but to reduce losses. If you're stuck, don't think about making back your money through a rebound, that’s just asking for trouble. The purpose of averaging down is to minimize losses, don't let temporary setbacks cloud your judgment.

Second: Calm markets often hide significant volatility, don’t be misled by temporary stability. The market is unpredictable; any day could bring drastic changes. Remember, after a big rise, there will be a correction, so be cautious when K-lines form a triangle. If prices rise too much, a correction is certain; be careful not to get trapped at high levels.

Third: Timing your trades is crucial. Remember: buy on a bearish candlestick, sell on a bullish candlestick. Be brave when others are panicking and buy in, be decisive when others are euphoric and sell out. Experts always operate against the market trend. Don’t sell when prices are high, don’t buy when prices are falling, and definitely don’t make moves during sideways trends. Pay attention to resistance levels during uptrends and support levels during downtrends to avoid panic.

Fourth: Being fully invested is a big taboo; flexibility is key. The cryptocurrency market is unpredictable, and effective position management is crucial; being flexible will help you navigate it well.

Fifth: Mindset is very important; greed and fear are the greatest enemies. Chasing rises and cutting losses will only lead to greater losses. Maintaining a calm mindset is essential to standing firm in the market.