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In the crypto circle these years, I've seen too many people get wrecked on the "get rich overnight dream," and in the end, they all become market chips. Want to earn your first million? Instead of betting on luck, it's better to focus on mastering "opportunity management." Below are some practical ideas for your reference—please don't blindly copy!
**First Tip: Survive First and Foremost**
Many newcomers rush into the market with high leverage and meme coins, eager to achieve financial freedom by next month. But in reality, those who can truly survive until the end are often the ones who "sit tight."
How to do it? Practice with small positions—use 5%-10% of your funds to stay sensitive to the market, while the rest stays in stablecoins. When the market is unclear, it's better to observe quietly rather than act recklessly. Missing an opportunity is better than making a wrong move.
There's also a strict rule: set hard stop-loss points, not just price-based. When you're in a position, cut it when needed—don't keep hoping for a "rebound later." Your principal is your ammunition; once it's gone, you have to exit.
**Second Tip: Opportunities Are Guarded**
The real big-money opportunities only come around two or three times a year. Instead of chasing every rise and fall daily, it's better to stay flat most of the time and act only when trend signals appear.
How to identify trend reversals? Look for these signals: after a long decline, the coin suddenly stabilizes and consolidates; during this time, volume begins to gently increase (for example, BTC repeatedly testing key support levels); further up, watch for weekly breakouts of key levels, such as holding above the MA60 moving average, or strong coins like SOL surging to new highs with increased volume; also, market sentiment indicators—if there's no noise in the group chat and Twitter is full of bearish voices, it might mean a rebound is near.
Remember this rule: when everyone is shouting about a bull market, the good times are probably over.
**Third Tip: Use Profits to Bet on the Future**
Position allocation should not be static. When the market starts moving, first ensure your principal is safe, then use pure profits to chase further gains—this way, your mindset remains much more relaxed.