Fans from Fujian asked me, will there be a chance to reach 1 million this year?

I directly said, yes.

In the cryptocurrency world, to get the first 1 million, don't focus on the big goal right away; you need to first accumulate starting capital. Even if you make a 20% profit on spot trading, it's far better than what an average person earns in a year of hard work.

Over the years I have realized that it's difficult to turn around by earning a little profit every day; the key is to utilize compound interest and seize a few critical opportunities to achieve warehouse appreciation.

In daily practice, use a small position to practice, and when signals appear, strike with full force, only going long and not shorting.

Key signals include: sideways movement after a sharp decline, sudden volume breakout, trend reversal; daily candlesticks above key moving averages, volume and price rising together, market sentiment warming up; when hot searches cool down and retail investors complain, the main forces may have quietly built positions.

Taking an example of 50,000 in capital, use early profits to set stop-losses to recover and then roll over.

In a gradual position-building mode, the total position should not exceed 10%, leverage should not exceed 10 times, and stop-loss should be 2%. After the breakout, first add to the position when the price rises by 10%, using the new profits to add to the position, while keeping the stop-loss unchanged.

Throughout the process, do not go all in, do not average down, do not hold losing positions; exit when stop-loss is triggered.

Seize two rounds of 50% main upward waves, and the first 1 million will be in hand. It's entirely possible to roll over 3-4 times in a lifetime, from 50,000 to 10 million.

Remember, rolling over is about waiting for opportunities; it's better to miss out than to act recklessly. Once you secure the first 1 million, you can replicate the experience later. #巨鲸动向