I've been in the crypto space for a full ten years. In the beginning, I lost a few hundred coins—which still makes me cringe when I think about it. But over time, I figured things out, and over the years I've made tens of millions. Now, I can travel whenever I want and don't even need to check my account balance before spending.
A lot of people ask me how I've managed to survive and make money in this market. To be honest, I've tried plenty of methods, but only two approaches have really worked.
**First: Focus on three 10x targets**
This sounds simple, but the logic is solid—if in your lifetime you can consistently catch three coins that each go up tenfold, you'll basically achieve financial freedom.
Let me break it down: Start with $10,000. The first 10x gets you $100,000, the second 10x gets you $1,000,000, and the third 10x gets you to $10,000,000.
If you look at this $10 million goal in stages, it really just means repeating the right moves a few dozen times during each 10x cycle. Your core task? Find those three coins that can go up tenfold.
**Second: Use contract compounding to build your principal**
If you only have a few tens of thousands to start with and want to get your first $1 million, contract compounding is almost the only realistic path.
When it comes to compounding, two things are key:
**Be patient and wait for opportunities.** Compounding is extremely powerful, but you have to hold back and only take action when the odds are highly in your favor. What does "high certainty" mean? After a sharp drop, when the price has been consolidating for a while and then breaks upward—that's when the trend is most likely to reverse.
**Only go long.** Ride the trend, and your win rate will be much higher.
A lot of people think compounding is extremely risky, but that's a misunderstanding. Its logic is actually safer than randomly trading futures.
Here's an example: Say your account has $50,000, and that's profit, not your initial capital. You use 10% of your account ($5,000) per trade, pick 10x leverage but use isolated margin mode—which is effectively just 1x leverage—and set a stop loss at 2%. Even if you get stopped out, the maximum loss is only $1,000.
Most people who get completely wiped out are the ones who go all in.
But what if your call is right? For example, if Bitcoin goes from $10,000 to $11,000, you add another position with 10% of your account, keeping the stop loss at 2%. Even if you get stopped out, you only give back a small portion of profits; but if the trend continues, you can keep compounding and magnifying your returns.
When Bitcoin reaches $15,000, this trend could take you from $50,000 to $200,000. Do this for a couple more cycles, and you’ll hit your $1 million target.
Remember this: Wealth is never made by making 100x in one shot, but by steadily compounding—two 10x, three 5x, or four 3x gains.
The market will always be there, and opportunities will keep coming. Your job is to stick to your discipline and wait for those moments when you’re truly confident.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
I've been in the crypto space for a full ten years. In the beginning, I lost a few hundred coins—which still makes me cringe when I think about it. But over time, I figured things out, and over the years I've made tens of millions. Now, I can travel whenever I want and don't even need to check my account balance before spending.
A lot of people ask me how I've managed to survive and make money in this market. To be honest, I've tried plenty of methods, but only two approaches have really worked.
**First: Focus on three 10x targets**
This sounds simple, but the logic is solid—if in your lifetime you can consistently catch three coins that each go up tenfold, you'll basically achieve financial freedom.
Let me break it down: Start with $10,000. The first 10x gets you $100,000, the second 10x gets you $1,000,000, and the third 10x gets you to $10,000,000.
If you look at this $10 million goal in stages, it really just means repeating the right moves a few dozen times during each 10x cycle. Your core task? Find those three coins that can go up tenfold.
**Second: Use contract compounding to build your principal**
If you only have a few tens of thousands to start with and want to get your first $1 million, contract compounding is almost the only realistic path.
When it comes to compounding, two things are key:
**Be patient and wait for opportunities.** Compounding is extremely powerful, but you have to hold back and only take action when the odds are highly in your favor. What does "high certainty" mean? After a sharp drop, when the price has been consolidating for a while and then breaks upward—that's when the trend is most likely to reverse.
**Only go long.** Ride the trend, and your win rate will be much higher.
A lot of people think compounding is extremely risky, but that's a misunderstanding. Its logic is actually safer than randomly trading futures.
Here's an example: Say your account has $50,000, and that's profit, not your initial capital. You use 10% of your account ($5,000) per trade, pick 10x leverage but use isolated margin mode—which is effectively just 1x leverage—and set a stop loss at 2%. Even if you get stopped out, the maximum loss is only $1,000.
Most people who get completely wiped out are the ones who go all in.
But what if your call is right? For example, if Bitcoin goes from $10,000 to $11,000, you add another position with 10% of your account, keeping the stop loss at 2%. Even if you get stopped out, you only give back a small portion of profits; but if the trend continues, you can keep compounding and magnifying your returns.
When Bitcoin reaches $15,000, this trend could take you from $50,000 to $200,000. Do this for a couple more cycles, and you’ll hit your $1 million target.
Remember this: Wealth is never made by making 100x in one shot, but by steadily compounding—two 10x, three 5x, or four 3x gains.
The market will always be there, and opportunities will keep coming. Your job is to stick to your discipline and wait for those moments when you’re truly confident.