I have accumulated 100,000 yuan and dream of turning it into a million. This idea itself is not flawed, but the way to achieve it is crucial.
Upon careful consideration, there are really only two options.
**Article 1: Bet on a tenfold market**
Turning 100,000 directly into 1,000,000 sounds exhilarating. But how big is the risk? It's big enough to scare off most rational people. Yet there are still a bunch of people rushing in - chasing altcoins, playing with high leverage, going all-in on small coins, feeling triumphant with a 50% rise today, only to see a halving tomorrow; even the fastest reactions can't save their accounts. Trying to magnify a 5-point fluctuation into a 50% profit with 10x leverage? It sounds profitable, but in reality, the principal disappears faster than the profit.
**Article 2: Gradual Stable Doubling**
100,000 → 200,000 → 400,000 → 800,000, three times of doubling to reach the target. This path seems slow, but every step is solid. In reality, those who can truly make stable profits often do it this way. To be honest, very few people can change their fate with a single market wave; rather, it is those who stick to the "slow path" who live more comfortably.
**Why is the slow road more reliable?**
There is a formula that explains it clearly: **Profit = Principal × Volatility × Time**.
A 100% increase in a year sounds easy, but it's not that simple in practice. Many people, in pursuit of quick doubling, have simply given up on leverage and turned to spot trading, yet they still frantically chase after trending coins. What they don't realize is that by doing this, the risk hasn't actually decreased; they have just changed the method of decline.
If you really decide not to use leverage and only trade in spot, then there are just two key choices left. One is to select potential projects, picking those currencies with practical application prospects and solid fundamentals; the second is to extend the time frame, allowing compound interest and time to become your friends, not seeking to get rich overnight, but instead aiming for steady growth.
This road may be slow, but it is steady enough. There is no need to monitor the market daily, chase after price increases and panic sell, living in constant fear. Instead, one can steadily progress in a volatile market, eating when it's time to eat and sleeping when it's time to sleep. In plain terms, the winner in the crypto world is never the smartest one, but the one who can persist the longest.
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I have accumulated 100,000 yuan and dream of turning it into a million. This idea itself is not flawed, but the way to achieve it is crucial.
Upon careful consideration, there are really only two options.
**Article 1: Bet on a tenfold market**
Turning 100,000 directly into 1,000,000 sounds exhilarating. But how big is the risk? It's big enough to scare off most rational people. Yet there are still a bunch of people rushing in - chasing altcoins, playing with high leverage, going all-in on small coins, feeling triumphant with a 50% rise today, only to see a halving tomorrow; even the fastest reactions can't save their accounts. Trying to magnify a 5-point fluctuation into a 50% profit with 10x leverage? It sounds profitable, but in reality, the principal disappears faster than the profit.
**Article 2: Gradual Stable Doubling**
100,000 → 200,000 → 400,000 → 800,000, three times of doubling to reach the target. This path seems slow, but every step is solid. In reality, those who can truly make stable profits often do it this way. To be honest, very few people can change their fate with a single market wave; rather, it is those who stick to the "slow path" who live more comfortably.
**Why is the slow road more reliable?**
There is a formula that explains it clearly: **Profit = Principal × Volatility × Time**.
A 100% increase in a year sounds easy, but it's not that simple in practice. Many people, in pursuit of quick doubling, have simply given up on leverage and turned to spot trading, yet they still frantically chase after trending coins. What they don't realize is that by doing this, the risk hasn't actually decreased; they have just changed the method of decline.
If you really decide not to use leverage and only trade in spot, then there are just two key choices left. One is to select potential projects, picking those currencies with practical application prospects and solid fundamentals; the second is to extend the time frame, allowing compound interest and time to become your friends, not seeking to get rich overnight, but instead aiming for steady growth.
This road may be slow, but it is steady enough. There is no need to monitor the market daily, chase after price increases and panic sell, living in constant fear. Instead, one can steadily progress in a volatile market, eating when it's time to eat and sleeping when it's time to sleep. In plain terms, the winner in the crypto world is never the smartest one, but the one who can persist the longest.