Which trading model is easier to make 10 million in cryptocurrency?

When trading cryptocurrency, there are two trading models to understand: one is spot trading, and the other is contract trading. Today, let's talk about what these two trading models are. First, spot trading is like buying goods in everyday life; you give them money, and they give you the goods. For example, if you spend 5000 yuan to buy a coin, you now own that coin, and you can transfer it to your wallet or give it to someone else. The advantage is that the coin you bought belongs to you, and regardless of whether its price goes up or down, the coin you bought is always yours. The downside is that you can only make a profit if the price of the coin increases. Contract trading, on the other hand, involves using a small amount of capital to trade several times or even dozens of times the original amount. The profits and losses will increase accordingly. For example, if you buy one Bitcoin and leverage it 10 times, you are effectively buying 10 contracts. The advantage of contract trading is that you can trade in both directions; you can profit whether the price goes up or down, as long as you can grasp the direction. However, the risk and profit are equal, so it is not recommended for beginners to engage in contract trading. It is essential to rationally distinguish between various trading risks, choose a trading method that suits you cautiously, based on your own risk tolerance.