Is it really that difficult to make 1 million RMB in the cryptocurrency world with #币安Alpha上新 ? What are the ways?
What do you mean by holding coins? Buying any coin is just a matter of luck. If you think you can win the lottery, then go ahead.
Let's talk scientifically. Taking contracts as an example, there are only two directions: going long and going short. You could either bring in an old lady or flip a coin, and if you do it infinitely, you have a 50% win rate. There's really nothing to argue about here. If you are willing to put in the effort to study and spend half a year going through most trading books, creating your own trading system, can you improve your win rate by just 1%? Just 1%, no need for more. With a 51% win rate now, if you strictly apply stop-loss and take-profit on each trade, with a ratio of at least 1:1.5, it means that if you lose 1 on a trade, you gain 1.5 when you win. So, over the long term, not counting transaction fees, you only need a 40% win rate to ensure you break even. If you have a 50% win rate, you can achieve 50% profit after 100 trades, even if your win-loss ratio is 1:1. Taking the example of short-term trades in 5 minutes, there are many opportunities in a day. Let's assume you make 5 trades a day, that’s 50 trades in 10 days and 100 trades in 20 days. With a win-loss ratio of 1:1.5, you can achieve a 50% return in 20 days. If you start with 1000 USDT, then mechanically calculating, after 240 days, you could exceed 1 million. If your win-loss ratio is only 1:1 and your win rate is 51%, then after 3 years, your 1000 USDT could turn into 1 million. Of course, those who know how to trade would never gamble with a win-loss ratio of 1:1. In the case of contract trading with a win-loss ratio of 1:1.5 and a 50% win rate, using 10x leverage, the risk of liquidation is 0.8%. But if you add that extra 1% win rate you gained through hard study, there will be no liquidation risk, provided that you strictly enforce take-profit and stop-loss on every trade.
So study hard, learn like you would for the college entrance exam, and then execute scientifically and mechanically. Don’t be influenced by what others say; anything can be achieved through long-term persistence, and the cryptocurrency world is no different.
In the end, you'll find that the hardest thing is not the technology, not whether to go long or short, and not how much capital you have. 1 million is not a luxury; it’s about how to overcome your own humanity. When you have 1000 USDT or 10,000 USDT, can you maintain your mindset? What about 50,000 USDT? Or 100,000 USDT? Can you stay grounded in the face of the temptation of huge sums of money?
What do you mean by holding coins? Buying any coin is just a matter of luck. If you think you can win the lottery, then go ahead.
Let's talk scientifically. Taking contracts as an example, there are only two directions: going long and going short. You could either bring in an old lady or flip a coin, and if you do it infinitely, you have a 50% win rate. There's really nothing to argue about here. If you are willing to put in the effort to study and spend half a year going through most trading books, creating your own trading system, can you improve your win rate by just 1%? Just 1%, no need for more. With a 51% win rate now, if you strictly apply stop-loss and take-profit on each trade, with a ratio of at least 1:1.5, it means that if you lose 1 on a trade, you gain 1.5 when you win. So, over the long term, not counting transaction fees, you only need a 40% win rate to ensure you break even. If you have a 50% win rate, you can achieve 50% profit after 100 trades, even if your win-loss ratio is 1:1. Taking the example of short-term trades in 5 minutes, there are many opportunities in a day. Let's assume you make 5 trades a day, that’s 50 trades in 10 days and 100 trades in 20 days. With a win-loss ratio of 1:1.5, you can achieve a 50% return in 20 days. If you start with 1000 USDT, then mechanically calculating, after 240 days, you could exceed 1 million. If your win-loss ratio is only 1:1 and your win rate is 51%, then after 3 years, your 1000 USDT could turn into 1 million. Of course, those who know how to trade would never gamble with a win-loss ratio of 1:1. In the case of contract trading with a win-loss ratio of 1:1.5 and a 50% win rate, using 10x leverage, the risk of liquidation is 0.8%. But if you add that extra 1% win rate you gained through hard study, there will be no liquidation risk, provided that you strictly enforce take-profit and stop-loss on every trade.
So study hard, learn like you would for the college entrance exam, and then execute scientifically and mechanically. Don’t be influenced by what others say; anything can be achieved through long-term persistence, and the cryptocurrency world is no different.
In the end, you'll find that the hardest thing is not the technology, not whether to go long or short, and not how much capital you have. 1 million is not a luxury; it’s about how to overcome your own humanity. When you have 1000 USDT or 10,000 USDT, can you maintain your mindset? What about 50,000 USDT? Or 100,000 USDT? Can you stay grounded in the face of the temptation of huge sums of money?