One day in the crypto is like one year in the real world
This sentence is absolutely correct when used to describe the crypto. The iteration and innovation speed of the crypto is as fast as lightning, so you often hear that someone has hit a certain hot spot and turned around and become rich.
If you don’t learn and improve your knowledge quickly, you will be eliminated in the crypto just as quickly!
This article will introduce the secrets of getting rich in the crypto from several parts!
[Remember to thank me after you see the next bull market is over]
The first step to the secret of getting rich: avoid pitfalls
The second step of the secret to getting rich: find an investment method that suits you
The third step of the secret to wealth: persistence, repetition, and patience
First, avoid pitfalls
Why must the first step be to avoid lightning?
Principal first, profit second!!!
(The blogger who can tell you this is really conscientious)
Many people come to the crypto because they are attracted by what others say about their ability to turn things around and get rich, but people always like to fantasize about the good and ignore the risks.
This is human nature - greed, anger, ignorance
It is precisely because of human nature that the financial market always has wealth-making myths! Because the money you lose is the money that others make, and there are enough fools and new people entering the market continuously, so there is no need to worry about the lack of wealth effect!
【Real experience】
When I entered the market as a newcomer in 2017, I saw others making millions and tens of thousands a night by playing contracts. I also started to study, and I studied perpetual contracts, the day-by-day model, the cross margin model, etc. I thought to myself that since I have a graduate degree, my self-study ability must be good!
Just when I thought I had learned it all and was ready to do a great job, I got beaten up instead!
I opened a long position at night, and the market clearly went up the next day, but my position was gone, and my principal was gone! ——You will never experience the pain of being watched by a dog dealer. Your every move and your so-called proficiency are actually a joke in front of big data! Dog dealers like gamblers the most, and they like people who want to get rich quickly! They use this kind of psychology of people, and it works every time!
When I knew that contracts were manipulated and it was difficult to make money from them, I started to study buying coins again! At first, I didn’t know how to research and ambush potential coins. I just bought them casually. When I saw others say that they would increase tenfold in the future, I thought that I lost money because of the contract. I had little capital. If I heavily invested in a ten-fold coin, I would immediately become rich. The income from diversified investment was far from enough for me. I came to turn things around! Later, when the price really increased, I was reluctant to sell it and wanted to get more. When it fell, I comforted myself that it was a correction. As long as there is a bull market in the future, it will definitely rise again. It’s just a matter of time!
This is the greed of human nature!!!
The result is zero!!! From tens of thousands to hundreds!!
Little do people know that the coins bought at the end of the bull market are basically equivalent to zero! 99% of the coins will not survive the next bull market, except for the BTC and second coins! They are trapped like this, and finally they can't help but sell at the bottom!
So the first step to avoid thunder: don't play contracts, don't hold a large All In a single coin, don't trade frequently, and don't pursue getting rich overnight.
Researching potential coins is a professional job!!
Buying at the bottom of a bear market is an important opportunity!
Selling at the bull market top is a critical step!
Second, find an investment method that suits you
I don’t judge those who trade contracts in the short term, because they can make money if this suits them!
But what I want to say is "I strongly recommend that ordinary people, 99% of people, make medium- and long-term plans for large cycles"
——Go with the flow and be friends with time
The characteristic of medium and long-term trading is to buy potential coins at the bottom of the bear market, and then sell them after they have increased tenfold or even dozens of times in the bull market!
It will be very painful in the middle. It may take off for a while, then cut in half, and then take off again! You have to accept this kind of torture brought by time. Buying at the bottom will give you a much better margin of safety!
The bear market is already low, so even if the price drops, it won’t fall that much. But what you bought in the bull market is all bubbles, and there is no bottom when the price drops!!
[You are lucky enough to have read this. Because the next six months are very suitable for planning.]
Third, be patient and persevere
I will tell you the investment method suitable for ordinary people. You also need to be patient and persistent, and do long-termism! Don’t buy other coins when you see other people’s coins rise today, and change them when you see a potential coin tomorrow! In this way, your chips will be slowly consumed until you leave the market with all the losses!
Most of the time in investing is boring. The time that really allows you to get big returns may be one or several months, and the rest of the time is boring! Because the dealer also needs to slowly and quietly absorb the funds during the rest of the time. Of course, the rise and fall must be fast, otherwise it will give retail investors an opportunity to take advantage of it?
Bear three and bull one, that's the truth!!!
Therefore, what we need to do is to ambush potential coins and hundred-fold coins at the bottom! ! !
Keep repeating this, tens of thousands to millions of dollars in a bull market is enough!!!
Ambush. 99% of excellent hunters keep their troops in place and wait for the right opportunity.
"I have been training for ten years, but I only swing the sword once"
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