Many people enter the crypto world with the same dream: how to turn 100,000 yuan into 1,000,000 yuan?

There are only two paths to take. One is to fantasize about a certain coin skyrocketing 10 times overnight, reaching the top in one step. The other is to be pragmatic, accumulating through multiple doubles—turning 100,000 into 200,000, then 400,000, 800,000, and finally reaching the 1 million mark.

But there is a harsh truth: money in the crypto world is never made by gambling. Those who dream of changing their fate with a single all-in often die the fastest. The real logic of making money is quite simple—four words: compound growth.

There is a formula worth remembering—Return = Principal × Volatility × Time. Using 100,000 yuan as an example, achieving a 100% increase in one year is not unreasonable; by the end of the year, it can steadily become 200,000 yuan. It may not sound like an easy win, but compared to the dreams of gamblers, this is a solid start.

Now, let’s look at the most common pitfalls for newcomers in the crypto space. Some chase after altcoins to amplify gains—daily fluctuations of 50% are common, and a coin that surges today might be trapped tomorrow. Others play with leverage, thinking that a 5% increase with 10x leverage can turn into a 50% profit, but they don’t realize that losses are also amplified, and a single liquidation can wipe out all previous gains.

To understand this clearly, the smartest approach is simple: stay away from high-volatility traps and stick to spot trading.

The next step is straightforward. Either carefully select projects with real potential or simply extend your holding period, letting time and trends help you make money. No matter how volatile the market is, the long-term upward trend remains unchanged. Those who are more cautious often go further. This is the core secret to turning 100,000 into 1 million in the crypto world—there are no shortcuts, only continuous compound growth and patience.