How to turn one hundred thousand into one million in the currency circle?
The first way: 100,000 to 1 million, doubled 10 times!
The second way is to double 10w once to 20w, double it again to 40w, and double it again to 80w. Three doublings will almost reach 1 million.
Most people think of the first way when they think about it, but most people who have already made money use the second way.
There is a formula to understand: income = principal ✖️Volatility ✖️Time For example, if the principal of 100,000 has increased by 100% in one year, the principal will become 200,000, doubled after that year.
Nowadays, a common method used by leeks in the currency circle is to amplify the volatility. For example, buying an altcoin that jumps up and down can increase by 50% in one day, or it can be cut in half in one day;
Or use leverage to amplify the volatility. For example, if the price rises by 5% in one day and the leverage is 10 times, then the profit in one day will be 50%.
Now that you have made it clear that you only buy spot stocks and do not want to amplify returns by amplifying volatility, then there are only two ways, one is to choose a copycat, and the other is to extend the time.
You can travel 80,000 miles a day while surveying the sky, and you can see a thousand rivers in the distance. In fact, everything develops. It all depends on your own karma and luck. Relax, tomorrow will definitely be better than today! #BTC
The first way: 100,000 to 1 million, doubled 10 times!
The second way is to double 10w once to 20w, double it again to 40w, and double it again to 80w. Three doublings will almost reach 1 million.
Most people think of the first way when they think about it, but most people who have already made money use the second way.
There is a formula to understand: income = principal ✖️Volatility ✖️Time For example, if the principal of 100,000 has increased by 100% in one year, the principal will become 200,000, doubled after that year.
Nowadays, a common method used by leeks in the currency circle is to amplify the volatility. For example, buying an altcoin that jumps up and down can increase by 50% in one day, or it can be cut in half in one day;
Or use leverage to amplify the volatility. For example, if the price rises by 5% in one day and the leverage is 10 times, then the profit in one day will be 50%.
Now that you have made it clear that you only buy spot stocks and do not want to amplify returns by amplifying volatility, then there are only two ways, one is to choose a copycat, and the other is to extend the time.
You can travel 80,000 miles a day while surveying the sky, and you can see a thousand rivers in the distance. In fact, everything develops. It all depends on your own karma and luck. Relax, tomorrow will definitely be better than today! #BTC