How to turn $1000 into $1 million? 💸
1. Don't fall for the big headlines.
Headlines like "make a million from a thousand" are a trap. Cryptocurrency is not quick money. 🚀
2. Real success stories are rare.
Yes, someone made x10, x20 in the last bull market. But there are only a few of them. Most lose everything. 📉
3. Learn from other people's mistakes.
Many people invest looking at advice like "buy now, it will grow." But smart money learns from other people's mistakes, not from their own. 🧠
4. Be prepared for losses.
I've had liquidations too. I've lost money on futures several times. This is the reality of the market. Don't invest more than you're willing to lose. 💸
5. Don't risk your life's money.
Your mental peace is more important than potential profits. Invest only in what is not critical to your budget. 🧘♂️
6. Diversify risks.
Don't put all your eggs in one basket. Hold different assets to minimize risks. 💼
7. Knowledge is your weapon.
Don't invest in what you don't understand. Understand the technology before investing. 🔍
