Can an ordinary person earn 500,000 a year in the cryptocurrency market? The answer is: Of course!
However, behind this, one must abandon the gambler's mentality and rely on a steady approach and rigorous execution.
First, focus on timing rather than blindly pursuing quick riches.
The fundamental reason most people lose money is chasing prices up and down, while successful traders understand restraint.
In the early stages of a bull market, invest regularly in mainstream coins, and test hot spots with a small position.
In the medium term, use small positions to trade contracts; in the later stage, take profits and reduce positions.
Catch 2-3 major waves in a year, and with a capital of 100,000, it is expected to steadily grow to 500,000.
Second, be cautious at the beginning and avoid being greedy for quick gains.
Investors with a capital of 50,000-100,000 should not fantasize about getting rich overnight.
Focus on the long-term trend of mainstream coins, start with small funds (like a 10% position) to test and learn, and increase positions after verifying success.
You must master some basic skills: reading candlestick charts to identify support and resistance, judging capital flow, and understanding chip distribution.
Learn to control positions (do not go all in) and set stop-losses (immediately stop-loss if it breaks key points).
Survival is the first step; profit is the next goal.
Third, establish a trading system rather than relying on luck.
Many people earn little and lose a lot due to following trends without having their own trading system.
The key is not to seize every opportunity but to focus on the patterns you are good at—such as regular investments or hot spot rotations.
Each trade should have a clear reason for buying, target returns, and stop-loss levels; treat investing as a decision rather than a simple game of chance.
Fourth, have a clear path and combine strategies.
In the main rising wave of a bull market, positioning in mainstream coins to earn 30%-50% returns is sufficient.
Keep 30% of capital for opportunities like airdrops and new listings.
When the trend is clear, use 10% of the capital to open contracts to amplify returns, with drawdowns strictly controlled within 5%.
The key is to know when to enter and exit; enter when it's time to enter, take profits when it's time to take profits, and strictly execute the trading plan.
Finally, investors with a capital of millions may achieve their goals in one trade, but ordinary people need to first master 'timing, stability, system, and combination.'
Step by step, one can go further and steadier.
