How to earn your first million in the crypto world? 🔥🔥🔥
Don't think about the ten million goal first, the first step in the crypto world is to touch 1 million — with this amount, even if you only take 20% profit from spot trading, it’s equivalent to what an ordinary person earns in a whole year.
Having survived in this circle for so many years, it's not about earning a bit every day, but rather about breaking down compound interest into several rounds of critical rolling: practice with small positions normally, and when the signal comes, bring out the heavy artillery, and only roll long, not short.
What does the signal look like?
Firstly, a long-term sideways movement after a sharp drop, suddenly breaking up with high volume; a trend reversal is considered stable.
Secondly, the daily line stands above key moving averages, with both volume and price rising, and market sentiment clearly warming up.
Thirdly, when there are no movements on the hot searches, and retail investors are still cursing, the main force has quietly built positions.
How to operate specifically?
Taking 50,000 as an example:
First, this 50,000 must be from earlier profits; stop-loss to recover first, then talk about rolling positions.
Using a gradual position mode, the maximum overall position is 10%, leverage should not exceed 10 times; calculated, the actual leverage is just 1 time, with a stop-loss set at 2% for safety.
After the breakout, the first time to scale in, wait for the price to rise 10%, then take 10% of the new profit to open a position, and keep the stop-loss at 2% at all times.
Never go all-in, never average down, never hold losing positions; when it reaches the stop-loss point, shut down and preserve your bullets for the next opportunity.
A wave of 50% in a main upward trend can compound to 200,000; catching two rounds is enough for 1 million. In fact, if you roll 3 or 4 times in a lifetime, from 50,000 to 1 million and then to 10 million, you can retire.
Finally, remember the risk control mantra:
1️⃣ Don’t roll in volatile markets, don’t roll in downtrends, don’t roll in news coins.
2️⃣ If the principal is lost completely, only the incremental margin is lost; other funds automatically lock positions, and even if there is a liquidation, the total account cannot be cut off.
3️⃣ During the rolling period, withdraw 30% of profits; buying a house or a car secures your gains, don’t let human greed backfire.
Ultimately, rolling positions is not about gambling with your life; it’s about waiting for opportunities. If you can roll when you find them and lie down when you can’t, it’s better to miss the chance than to act recklessly.
Once you truly roll to your first 1 million, you will naturally understand positions, emotions, and cycles; the paths ahead are just copies and pastes.
This market is like this; opportunities are reserved for those who are prepared.
If you feel confused now, feel free to like and follow, let’s improve together.
