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Making 1 million with cryptocurrencies isn’t actually as difficult as you might think. As long as you choose the right method, there’s a chance for anyone.
The simplest approach is long-term fixed investing. Set aside 100,000 to 200,000 yen, and exchange it to USDT on a stable exchange. Divide it into 96 portions and keep adding purchases at a weekly pace. Allocate 60% to BTC, 30% to ETH, and distribute the remaining 10% to BNB or other blue-chips. During that time, don’t look at the chart, and don’t trade frequently—just wait endlessly. Thinking in the long term of 4 to 8 years, this method is truly solid. There’s no major risk, and no competitors. I believe it’s the most reliable way to earn with cryptocurrencies.
Another option is a method for people with programming skills. If you can operate servers, you’re good at English, and you have an environment where you can catch the latest information quickly, you can go after airdrops and new projects. However, this requires a considerable amount of learning ability and focus. It basically means spending a huge amount of time and effort to become, in a sense, a researcher in the crypto world. It’s complex, but if it works out, the returns can be large.
The third approach is figuring out a bull market and choosing coins with explosive potential. This is a path where luck and judgment are tested. In the early stage of a bull market, find projects that really seem like they’ll grow, and aim for a rise of 10x or more. The key points are the project’s liquidity, innovativeness, and the team and supporters behind it. Avoid anything where the risk of being “harvested” is obvious. In particular, be careful with coins that are promoted by celebrities but are dangerous. To make money with this method, it’s important to constantly learn, network, and learn from industry experts. You need to quickly update your own recognition and decision-making.
Of course, there are also ways like launching your own project, issuing coins, or putting together a team. These bring large profits, but the hurdles are extremely high. If you don’t have systematic knowledge and connections, it’s safer not to jump in recklessly.
In the end, even though making money with cryptocurrencies may seem complicated, if you find the approach that fits you and keep moving forward steadily, getting to 1 million is not a far-off dream. I think the current market is a pretty good timing if you want to grow your assets.