Crypto Millionaires: How Ordinary People Can Make Fortunes?

There is no doubt that crypto trading has the potential to make you a crypto millionaire in a matter of months, however, the risk factor is always higher. There is a saying that goes by “the higher the risk, the higher the profit,” and it is more of a fact. It is truly possible that trading in cryptocurrencies can change your lifestyle if you maintain focus and discipline. 

The decisions in crypto investment you make today are going to determine the next 5 years of your life. Keep reading this blog post to get a complete understanding of what to do and what to avoid when investing in cryptocurrencies. 

Everyone wants to be rich through trading in cryptocurrencies, but most people don’t make it to the point because of some basic reasons. Let’s see these reasons one by one;

• The first reason is that people invest in the wrong cryptocurrency just because of its hype on social media, and never try to research the right coin to invest in. Remember, research is the key to finding the best crypto to buy now for higher returns. 

• The second and most important reason is switching the trading strategies throughout trading. Always remember to find, understand, master, and stick to the only one strategy. Most people change the strategy instantly without spending time to fully understand it. 

• Most of the time, people get distracted by the loss in the short term and fail to focus on the long-term opportunities. 

Keep one thing in mind: you have to be focused instead of considering yourself lucky or unlucky. Rather than looking for shortcuts, stay focused and consistent throughout your trading sessions. 

Anyone can trade cryptocurrency, but not all get the desired results. Let’s see what you are missing that is keeping you away from being a crypto millionaire. 

Commit Completely - No Half-Stepping

For the next 3 to 4 months, commit completely to crypto trading. The most common mistake most people make is to take trading as a part-time job; instead, treat it like your full-time job. Spend your full time researching different strategies and try to learn to read different chart patterns, and how various economic news can impact the crypto market and the price of the cryptocurrency you are investing in.

• Ask yourself a question: Are you placing trades based on the social media hype or using your analytics skills to find the right time to place trades? 

Think Long Term, Win Big

Trading in cryptocurrencies won’t make you wealthier overnight, you need to play big and wait for the long term. However, it is entirely based on what strategy you have selected, but waiting for the long term can accumulate your profit. When going for the long-term trades, stop worrying or waiting for the price pumps in between. 

• Tips: Understand and use the DCA (Dollar-Cost Averaging) to create smart positions in blue-chip digital currencies like BTC and ETH. Further, make sure that you diversify your trading portfolio in order to significantly handle the risk management factor.

Discipline Over Distraction 

Distractions can negatively impact your overall trading experience. Avoid placing trades and jumping between coins without proper research. Sticking to your strategy and investing in only well-researched crypto coins till the end is the discipline you need, and that’s how it is going to work out positively for you. 

• Pro Tips: The most important thing to do is to avoid taking everyone’s advice seriously. Once you stick with your strategy, make sure that you follow the same till the end of your trading sessions. 

Stay Sharp - Mind and Body Matter 

The secret weapon and the most useful tool is the clarity of your mind. If your mind is clear, you will stay more focused on your basics. Plus, a focused mind helps you to avoid making any decisions based on emotions and spot the right opportunities at the right time. This further allows you to avoid distractions regardless of their nature.

Tips: Make sure that you get enough sleep to stay focused, do physical exercise, and take breaks whenever required. 

Success in cryptocurrency trading is more of a mindset than money. Professional traders are trained and experienced in controlling their mindset throughout the trading sessions. Let’s see how pros stay ahead of the curve and why other people lose their money. 

Here’s What Winners Do!

• Winners always think long-term instead of flipping things quickly.
• They assess the risk factors according to their capital and always embrace the risk. 
• They never let the mistake take over their mind, but learn from their mistakes. 
• They wait smartly for the right time instead of hurrying to buy or sell. 

Here’s What Losers Do!

• They instantly panic during dips and start selling the asset instead of analyzing the situation and waiting for the right time. 
• They always look for the hype and buy the crypto when the opportunity is long gone.
• They quit too soon, instead of waiting for the market to turn in their favor. 

According to the research, there are around 173,000 crypto millionaires all around the world. Let’s see some of the famous crypto millionaires who went all in with their physical and mental skills and made the most out of crypto trading.  

Changpeng Zhao 

Changpeng Zhao is the founder of the well-known crypto exchange Binance, which is the largest one by trading volume. The net worth of ChangPeng is around $63.2 billion as of May 2025. 

Zhao was relocated to Canada from China at the age of 13 and discovered Bitcoin while playing poker with friends. Since then, he has been fully committed to cryptocurrencies, even selling his flat for Bitcoin in 2014. Since its founding in 2017, Binance has processed daily transactions totaling billions of dollars. Binance is larger and provides more coins and options to users than its primary rival, Coinbase, even though it might not be as famous to American consumers.

Brian Armstrong

Brian Armstrong is the founder of North America’s most popular crypto exchange, Coinbase. Following his resignation from his position as a software engineer at Airbnb, he co-founded the exchange in 2012. According to reports, Armstrong owns 19% of Coinbase, and in December 2024, Forbes valued him at $14.7 billion.

Coinbase is regarded as the entry point for retail investors to enter the cryptocurrency ecosystem because of its user-friendly interface and reputation. In cryptocurrency volatility, the exchange has seen numerous setbacks, including trade halts while trying to increase operations. The exchange became public in April 2021 and achieved an overall value of $82.78 billion by the end of trade on December 5, 2024. According to Armstrong, he founded Coinbase because he envisioned a "global, open financial system that drove innovation and freedom" for all people.

Michael Saylor

Over the past 10 years, Bitcoin has drawn a lot of curious investors. However, none possess the passion of MicroStrategy Inc. (MSTR) CEO Michael Saylor. In August 2020, the company started purchasing bitcoin, obtaining $250 million worth of the cryptocurrency. The company stated at the time that it was purchasing Bitcoin in order to make better use of the cash assets on its balance sheet.

Saylor has turned into an enthusiastic supporter of Bitcoin over the years, speaking at conferences on the cryptocurrency and news industry to promote its uses and advantages. MicroStrategy grew its Bitcoin holdings to $3.5 billion by December 2021, taking advantage of market declines to purchase the cryptocurrency.

BlockDAG is gaining attention as a best crypto coin to buy in 2025. Its objective is to fix the problems of traditional blockchain technology. With its special Directed Acyclic Graph (DAG) structure, it offers fast transactions, lower fees, and easy scalability, making it likely to be widely used. The project has raised over $221 million in its ongoing presale, showing that investors are confident.

Additionally, BlockDAG has an Ambassador Program that rewards early supporters, and it has formed important partnerships that could lead to long-term success in the DeFi and fintech sectors. Whether you want to diversify your investments or start bitcoin mining, BlockDAG is a good opportunity to get involved early in a project that is built to last.