Gate.io AMA | How to earn from $100 to $1M

Q: Today's topic is very exciting: How to earn from $100 to $1M.

A: Yes, because everyone is longing for the wealth and a happy life.

Q:Let’s be honest, we all want to make a million dollars! We want to know how to make millions and, more importantly, how to make a million dollars from nothing.

A: Right, today's event may not lead you to win it overnight, but after this, you may have your own thoughts about how to make yourself grow.

The saying is that you need to “have money to make money” and it holds very true. It is a lot easier to make money if you have money to invest and do more with.

Let’s check out 10 steps to get you on your golden path.

1.Stop Spending on Junk

It may sound obvious, but you need to be mindful of what you are spending your money on.

You can buy whatever you like, as long as it’s within your budget and financial situation, but it helps to know that you are spending on needs and savings towards your dream life.

2.Budget Your Money

Having a budget is a sure-fire way to secure yourself on the path to becoming rich.

Creating a budget isn’t as difficult as it sounds – it’s just a way of making sure you are using your income for the things that you actually need and sometimes want, without living above your means and getting into debt.

When you have a budget, you’ll just be making a plan to make ends meet and enjoy your lifestyle- plus save some extra and get started on your million-dollar dreams.

3.Keep your income until you really earn it

Don't quit your job until you ensure you will earn the money on a daily basis. You can never know when the recession is gonna happen, keep your income and increase it to a certain level of savings. If you are not confident about what you can do without the income, don't quit.

4.Invest in Something You Love

When you love something, you will stick to it. Then you will use your passion and fortitude to pursue it.

5.Improve and Invest in Yourself

Spend the proper money on developing new skills, gaining knowledge and making powerful connections. "When you invest in yourself, you can’t lose.”

6.Find something you can earn quickly but take risks

For example, crypto coin and foreign currency trades are very profitable but take a high risks. Here to strongly recommend to join our Perpetual Contract, invest small amount with leverages, will help you to earn more.

7.Create a detailed plan and execute it daily

We presented several AMA about day trading, trading psychology and trading principles. These are all for your detailed planning and how to execute it on a daily basis.

8.Build Up your Own Icon

For example, when you earn something from the industry you are interested in, show it off and attract more people to join you. Share with them and you will become an icon. This will increase your confidence. And you will gain more trust from others with wealth.

9.Perseverance is victory

It is not a cliche. If you can't stick to something and insist on it, you can never learn from the loss and you will never win.

We presented the AMA about how to do daily review and how to become a daily trader. All these will help you to insist on the scheduled and on track trading.

To be a professional trader is not easy, it takes a long time to collect information, review it, analyze it and earn from the loss. When you do it repeatedly, you will become stronger and will not be afraid of making any errors.

10.Torture, then grow

Everyone is longing to become the millionaire and wants to win it overnight. But it is almost impossible, unless you are really lucky enough to win the lottery. Even if you win the lottery, if you are lack of the ability of financing, you will lose it overnight.

Most millionaires are growing from the loss, pain, hurt,desperate and whatever emotions as negative as possible. But remember, "No pain, no gain". Without torture, you will never be strong.

You practice every day, get hurt every day or win the glory every day, all of these can only make you become a harder wall. And it will help you to confront hurricanes, tornadoes, tsunami, earthquake, war, fire and bleeding.

When your armor becomes stronger and harder, you will win it forever.

Wish everyone good luck!

Question Session.