How long does it really take to strike gold in the world of cryptocurrency? In my experience, if you're starting with a small amount of capital, spot trading might not be the most effective route. For example, doubling 2,000 yuan will only net you 4,000 yuan, and that’s assuming you're lucky enough to pick a coin that doubles in value. Constantly shifting between different coins isn’t practical either; the back-and-forth movement often results in minimal progress. It's like taking three steps forward and two steps back—after a while, you're still standing in the same spot. Meanwhile, those who hold onto a single coin for the long term are often the ones seeing real growth.
For those looking to take bigger risks, contract trading may offer faster rewards, but without the right combination of expertise, sound judgment, and luck, it can easily turn into a gamble. Ideally, you'd want to capitalize on either a major bull or bear market when trends are more predictable. Alternatively, aligning yourself with a strong network or following someone with a proven track record can fast-track your progress, though success still depends largely on your own decisions and timing.
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