From 10,000 to 1 million in the crypto world: 9 practical principles to help you achieve your first million in life.
Achieving the leap from 10,000 dollars to 1 million dollars in the crypto world is not about luck or random guessing, but rather about having a set of practical strategies. I have compiled 9 effective experiences that I have personally tested; by fully understanding these, you can get one step closer to your first million in life!
1. Don't be greedy with small capital, catching a big market trend once a day is enough. With funds of 100,000 or less, don't think about "holding positions all the time and making money every day." The crypto world is volatile, and frequent operations can easily lead to missteps. Focus on core opportunities, seize a profitable market situation once a day, and gradually accumulate wealth in a more stable manner. 2. The good news leads to a high opening the next day, decisively take profits without hesitation. Positive news often serves as a "top signal"—if you haven't sold by the end of the day when the good news arrives, you must sell promptly when the market opens high the next day. Don't wait until the market turns down and then regret it; securing profits is more practical than "waiting for a higher point." 3. News + holidays are the "key watershed" for market trends. In the event of major events (such as policy releases, significant project announcements) or holidays, consider reducing positions or even going to cash in advance. Once the market direction is clear, enter the market in the direction of the trend, which can avoid unknown risks and accurately seize the trend, ensuring a steady profit without panic. 4. For medium to long-term positions, "keep a light position to leave room"; don't start with a heavy bet. Investing in the medium to long term is not a "one-shot deal"; entering the market with a light position allows you to withstand fluctuations. Give yourself enough room to average down and adjust, and gradually accumulate profits through phased operations, which is far more reliable than regretting after a heavy position goes wrong. 5. Short-term trading is all about "quick in and out", never dragging your feet. The core of short trading is "catching the wave, making quick money": once you see the entry signal, get in decisively. If the market does not meet expectations, immediately cut losses and exit. Don't let greed make you think "just wait a bit longer"; otherwise, it can easily turn from "small profit" to "deep loss". 6. Follow the market rhythm, don't go against the trend. Market trends can sometimes be as slow as a snail (sideways fluctuations) and at other times as fast as lightning (sharp rises and falls). Don't stubbornly wait based on your "subjective judgment"; instead, follow the current trend—don't try to guess the top during an uptrend, and don't try to catch the bottom during a downtrend; only by following the trend can you leverage the momentum. 7. If the direction is wrong, stop loss immediately; don't stubbornly hold on until you "lose all your capital". It's not scary to make mistakes in point and direction judgment; what's scary is "being reluctant to cut losses." Stop-loss is not a loss but a "safety line" to protect the principal. Timely cutting off wrong positions allows you to keep funds for the next opportunity and avoid losing more. 8. For short-term trading, look at the 15-minute candlestick chart and use KDJ to find precise entry points. When day trading, don't focus on daily charts to "save time"; pay attention to the 15-minute K-line: when the KDJ indicator shows a golden cross (buy signal) or a dead cross (sell signal), combined with trading volume analysis, it can help you accurately catch the rhythm of short-term fluctuations. 9. A positive mindset is more important than skills; staying calm is the key to winning in the end. In the crypto world, it's common to see fluctuations of 20% in a day. Don't let short-term volatility affect your emotions: don't get overly excited when prices rise (avoid chasing highs), and don't panic when they fall (assess whether to cut losses). Maintaining a calm and rational mindset is essential to preserving profits during volatility and achieving long-term success.
Is it hard to make money in the crypto world? Yes, but if you find the right methods, it won't be difficult. These 9 principles are not a "get-rich-quick secret," but rather a "practical guide" to help you avoid pitfalls and keep the right pace. Remember: being a bit slower and steadier will get you closer to the goal of 1 million than rushing to double your investment! #非农就业数据来袭
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
From 10,000 to 1 million in the crypto world: 9 practical principles to help you achieve your first million in life.
Achieving the leap from 10,000 dollars to 1 million dollars in the crypto world is not about luck or random guessing, but rather about having a set of practical strategies. I have compiled 9 effective experiences that I have personally tested; by fully understanding these, you can get one step closer to your first million in life!
1. Don't be greedy with small capital, catching a big market trend once a day is enough.
With funds of 100,000 or less, don't think about "holding positions all the time and making money every day." The crypto world is volatile, and frequent operations can easily lead to missteps. Focus on core opportunities, seize a profitable market situation once a day, and gradually accumulate wealth in a more stable manner.
2. The good news leads to a high opening the next day, decisively take profits without hesitation.
Positive news often serves as a "top signal"—if you haven't sold by the end of the day when the good news arrives, you must sell promptly when the market opens high the next day. Don't wait until the market turns down and then regret it; securing profits is more practical than "waiting for a higher point."
3. News + holidays are the "key watershed" for market trends.
In the event of major events (such as policy releases, significant project announcements) or holidays, consider reducing positions or even going to cash in advance. Once the market direction is clear, enter the market in the direction of the trend, which can avoid unknown risks and accurately seize the trend, ensuring a steady profit without panic.
4. For medium to long-term positions, "keep a light position to leave room"; don't start with a heavy bet.
Investing in the medium to long term is not a "one-shot deal"; entering the market with a light position allows you to withstand fluctuations. Give yourself enough room to average down and adjust, and gradually accumulate profits through phased operations, which is far more reliable than regretting after a heavy position goes wrong.
5. Short-term trading is all about "quick in and out", never dragging your feet.
The core of short trading is "catching the wave, making quick money": once you see the entry signal, get in decisively. If the market does not meet expectations, immediately cut losses and exit. Don't let greed make you think "just wait a bit longer"; otherwise, it can easily turn from "small profit" to "deep loss".
6. Follow the market rhythm, don't go against the trend.
Market trends can sometimes be as slow as a snail (sideways fluctuations) and at other times as fast as lightning (sharp rises and falls). Don't stubbornly wait based on your "subjective judgment"; instead, follow the current trend—don't try to guess the top during an uptrend, and don't try to catch the bottom during a downtrend; only by following the trend can you leverage the momentum.
7. If the direction is wrong, stop loss immediately; don't stubbornly hold on until you "lose all your capital".
It's not scary to make mistakes in point and direction judgment; what's scary is "being reluctant to cut losses." Stop-loss is not a loss but a "safety line" to protect the principal. Timely cutting off wrong positions allows you to keep funds for the next opportunity and avoid losing more.
8. For short-term trading, look at the 15-minute candlestick chart and use KDJ to find precise entry points.
When day trading, don't focus on daily charts to "save time"; pay attention to the 15-minute K-line: when the KDJ indicator shows a golden cross (buy signal) or a dead cross (sell signal), combined with trading volume analysis, it can help you accurately catch the rhythm of short-term fluctuations.
9. A positive mindset is more important than skills; staying calm is the key to winning in the end.
In the crypto world, it's common to see fluctuations of 20% in a day. Don't let short-term volatility affect your emotions: don't get overly excited when prices rise (avoid chasing highs), and don't panic when they fall (assess whether to cut losses). Maintaining a calm and rational mindset is essential to preserving profits during volatility and achieving long-term success.
Is it hard to make money in the crypto world? Yes, but if you find the right methods, it won't be difficult. These 9 principles are not a "get-rich-quick secret," but rather a "practical guide" to help you avoid pitfalls and keep the right pace. Remember: being a bit slower and steadier will get you closer to the goal of 1 million than rushing to double your investment! #非农就业数据来袭