Anyone who understands knows that the cryptocurrency circle is a market for self-entertainment, a low-end market, and even a sewer market. All kinds of white and black money come in to buy coins. When the bull market comes, more money comes in to buy, and then various coins fight and everyone scrambles for money to see who gets in early. Those who get in early and are quick will become the new rich. Those who are still waiting may not even have a Binance account to buy coins.
Most see and then believe; a few believe and then see.
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Quantitative changes in cognition can bring dramatic changes in life. By learning from a thousand people's experiences and lessons, you've lived a thousand lives.
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You do not manage money, money ignores you; you manage money, and you may lose everything is a cynical warning about investing blindly.
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Last year, January to March was my personal peak. The assets on Binance alone reached RMB 12.57 million. Gate, HTX, OKX, Coinbase and wallets all reached seven figures. Last year's expenses were also very large, close to 4 million, and the cost of hotels and air tickets in a year was close to 400,000. It is easy to go from frugality to luxury, but it is difficult to go from luxury to frugality. I have always believed that it is impossible to live a good life by saving money, and you can only rely on earning. When the market is sluggish during the year, the assets will shrink significantly. When the large account is less than 10 million, I feel a sense of crisis. Therefore, I have dispersed the total assets on multiple platforms and wallets, and saved a box of cash and some gold bars to prevent a comeback if the account is zeroed under irresistible factors. How to stabilize and continuously grow assets is the focus of future work. I wonder where the money in the currency circle comes from, it is inexhaustible. The essence of the currency circle is that the poor can't control their wealth.
Wealth is rooted in value exchange. All fortune in this world originates from equivalent value exchange. No wealth appears without cost. The greater value you create for others and society, the more wealth you obtain. It follows the law of spring sowing and autumn harvest: the value you cultivate determines what you reap. Ordinary people merely desire wealth; the wealthy focus on delivering value. Value is the root, wealth is the fruit; deep roots bring luxuriant foliage.
The cryptocurrency world is a circle that can really help ordinary people turn over and cross the social class, because the class solidification in real life is too serious. Of course, I am not promoting the cryptocurrency world. Some people make money and some lose money in the cryptocurrency world. Not everyone can get results. But in real life, if you have no connections, no strength, and no money, how can you turn over?
The best buying moment is when fear stops you from hitting buy.
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In 2017, WikiLeaks received an anonymous bitcoin donation worth about $500,000 at the time. They didn't sell and held until 2021, when it had grown to $20 million, funding all their operations.
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When the bull market comes, don't think about making a hundred or a thousand times the money. There is a way to make money steadily.
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Value long?term value and reject instant gratification. Instant pleasure is like candy: sweet yet nutritionally empty. Long?term value resembles ancient trees: slow?growing yet stronger year by year. Ordinary people chase immediate satisfaction and crave instant happiness. The wealthy are willing to sacrifice present comfort and invest in long?term value. Give up instant pleasure, practice delayed gratification and endure temporary plainness. Time will repay you with abundant wealth gains.
The price of copycat stocks can fall sharply or rise sharply. The prerequisite is that you must have enough basic investment research skills to avoid buying on the first day and running away on the second day. Of course, luck is also needed. Don't buy copycat stocks even if you have bad luck. At the same time, you must have enough psychological quality, do a good job of investment research, make your own judgment, don't listen to other people's nonsense, take when you should, and leave when you should leave. Your thoughts and actions must be independent. Otherwise, number one will buy, number two will cut losses and leave, and number three you will watch what you sold yesterday take off.
In 2017, I heard that the most secretive OTC transactions were conducted like this. Both parties verified their capital and currency. One party brought cash and the other brought a Bitcoin wallet. Under the auspices of a middleman, they went to a room, exchanged money and transferred currency. Only when the Bitcoin BTC was received could the two parties leave.
Great wealth and status in this life stem from good karma accumulated in past lives. If you practised great compassion, gave generously and never acted unscrupulously in a previous life, you shall receive abundant rewards in this reincarnation. Hence those willing to take losses attract blessings. Those who commit misdeeds, constantly take advantage of others and lack compassion face predictable outcomes in their next life.
Zhao Changpeng, in 2015, CZ, who sold his house to go all in on Bitcoin BTC, never imagined that this thing would fall so much!
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My roommate won a big golden dog in 2021 and made about 700,000 yuan in total. He bought a car and a house bought by his family. His life is pretty good. At present, he doesn t play much. He just plays cryptocurrencies part-time. I always believe that the bolder you are and the more you try new things, the luckier you will be! !
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During the bull market he was firmly bullish, believing prices would never drop. He refused stop-loss orders. A major correction erased all paper gains, leaving him deeply trapped.
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As the original meme coin with the highest market value, the price fluctuations of Dogecoin DOGE have always attracted much attention from the market. Like other meme coins, Dogecoin DOGE's price is extremely volatile, with significant rises and falls occurring on a daily basis.