How to make your first 1 million in the cryptocurrency world? Practical experience
Don’t enter the cryptocurrency world thinking about making 10 million or 100 million right away; the key is to first hold onto that first 1 million — even if you only use this money for stable investments, an annualized return of 20% can equal an ordinary person’s annual salary. This is the core logic for starting in the cryptocurrency world.
After years of navigating the cryptocurrency space, I’ve never relied on profiting from daily small gains but rather broken down compound interest into several precise high-impact rolling strategies.
Usually, I practice with a small amount to find my market sense, and when the real signals appear, I ramp up the main position, rolling only long and not short. Protecting the principal is the top priority.
Here are 3 core signals I have verified in practice:
1⃣️ Oversold reversal signal
After a plunge, a long-term consolidation forms a bottom, suddenly breaking through key resistance with huge volume; only when the trend completely reverses is it considered stable. At this time, the margin for error is the highest.
2⃣️ Moving average resonance signal
When the daily chart firmly stands above key moving averages (like MA60/MA120), with volume and price rising in sync, market sentiment shifts from panic to recovery, significantly increasing the probability of a trending market.
3⃣️ Major player accumulation signal
When there is no buzz on hot searches, and retail investors are still complaining about the market, chips are quietly consolidating, and the major players have already laid the groundwork. This is the easiest time to catch the “main rising wave.”
The cryptocurrency world is not a place to rely on luck; if you find the right signals and control your positions, that first million isn’t as unattainable as it seems.