How to turn 100,000 yuan into 1,000,000 yuan in the cryptocurrency circle?
The first way: 100,000 yuan to 1,000,000 yuan, double 10 times!
The second way, 100,000 yuan doubles once to 200,000 yuan, doubles again to 400,000 yuan, and doubles again to 800,000 yuan. Three doubles to 1,000,000 yuan.
Most people think it is the first way, but most people who have made 1,000,000 yuan use the second way.
You need to understand a formula: income = principal ✖️ volatility ✖️ time. For example, if the principal of 100,000 yuan increases by 100% in one year, then the principal will become 200,000 yuan after one year, doubling.
The common method used by leeks in the cryptocurrency circle now is to amplify volatility, such as buying a fake currency that jumps up and down, and increases by 50% in one day, or cuts in half in one day; or use leverage to amplify volatility, such as increasing by 5% in one day, 10 times leverage, then the income for one day becomes 50%.
If you have thought it through clearly, then there are only two ways: buy spot goods, choose counterfeit goods, and extend the time.
