Many beginners enter the crypto space with the idea of getting rich overnight, but often end up losing money even faster. My advice is to change your mindset—first, secure your first 1 million, then figure out how to reach 10 million.

Why do I say this? It's actually very realistic. If you invest 1 million in spot trading and earn a steady 20% annually, that's a 200,000 profit. In any traditional investment, this return already far exceeds the annual salary of an average office worker. With a stable mindset, everything else becomes much easier.

Having been in this market for many years, I’ve noticed that those who truly make money are never the ones trading frequently every day, chasing highs and selling lows. Instead, it’s those who can patiently wait—waiting for truly confident opportunities to strike, going all in at once, and enjoying the gains. These people end up laughing last.

How to wait? The key is to recognize three signals.

First, after a significant decline, the price consolidates for a long time, then suddenly a large volume is released. This indicates that the bottom absorption is nearly complete, and a reversal is imminent. Second, on the daily chart, the price stabilizes above important moving averages, with volume and price rising together, signaling a market mood improvement. At this point, the upward trend is basically confirmed. The third, which is often overlooked, is that during times of market noise and low enthusiasm, large funds are secretly accumulating. These are all good entry points.

How to operate specifically? It’s not complicated.

Start with the profits you’ve made (must be from idle funds, not life-saving money), for example, starting with 50,000. In a partial position mode, keep your total position within 10% of your account, control leverage, and set a fixed stop-loss at 2%. This way, the maximum loss is only 2,000, helping you stay calm.

Once the price breaks out and rises by, say, 10%, don’t rush to add heavily. Instead, take a small portion of this 10% profit to increase your position, keeping the stop-loss unchanged. The benefit of this approach is that even if the market reverses later, the loss won’t be too severe. But if the trend continues in your favor, small additions can leverage significant profits.

A main upward wave can generate over 50% gains, and with compound growth, your capital can double. Seize two or three such opportunities, and reaching 1 million is not far off. But there’s a strict rule—never go all-in, never add blindly, and never hold through a stop-loss. When the stop-loss is hit, cut your position immediately—no second thoughts. Many people lose money because they fail to do this last step.

Next, three bottom-line rules you must never violate.

Avoid trading in choppy sideways markets, as this often leads to frequent stop-losses. Don’t touch coins that are in continuous decline—these dead markets lack clear opportunities. Also, avoid trading news-based tokens, because news is always lagging, and the risk of catching the wrong end is high.

Additionally, only use isolated margin (partial leverage), so if things go wrong, it won’t affect your main account. After making profits, withdraw them promptly—don’t treat floating gains as real profits. Many people can’t get past this psychological hurdle.

Ultimately, position rolling is not gambling but a precise game of "waiting." When the right opportunity comes, decisively cut in; if not, rest assured and wait patiently. Many fail because they can’t wait and always want to do something, which often causes trouble for themselves.

Once the logic of reaching the first 1 million is proven, just repeat and replicate this process. Over time, the goal of 10 million will naturally come within reach.