How long does it take to make the first pot of gold in the crypto world?
How much is this first pot of gold, 100,000? 1,000,000? It also depends on how much your principal is.
Some people play contracts with 100,000 and make 1,000,000 in just a few days, but they don’t want to stop, wanting to wait until they make 2,000,000 before stopping, then 3,000,000, and thinking about 5,000,000. If they don't reach 5,000,000, their luck runs out, and they start losing money.
The profits go back to the market, and the principal is lost, even needing to continue borrowing to try to win it back, resulting in a vicious cycle, getting deeper and deeper.
Others invest a few thousand in a meme coin and hit a 10x or 100x return, having good luck and exiting at the peak.
By picking the right meme coin, they accumulate their first pot of gold.
Everyone has different ways and timelines for making their first pot of gold in the crypto world.
It’s still essential to combine your strength and resources, find a way, stay grounded, and you will definitely reap rewards.
In the cases of my friends around me, some have accumulated 1,000,000 in one year, while others took three years; some even went from having millions in assets to being in debt.
Everyone's luck is limited; what is earned through strength can also be lost through luck.
In these past few days, MOODENG plummeted, and I let my fans short it in advance, achieving a 30% profit; a 30% profit at 30 times leverage is 900%.
So how long does it take to make the first pot of gold in the crypto world? It varies from person to person.
Friends who are currently confused and directionless in trading, leave a comment 1, this bull market will help you get ashore.