The type of people I admire the most are the ones I think are the true top experts in the cryptocurrency world.

They are not those who play with contract leverage, nor those who do ultra-short-term operations, but those who work in large cycles.

In the 4-year cycle, he could resist playing and wait for the opportunity. He would find the real bottom and then go all in, and then sell at the top of the cycle. He would only do it twice in 4 years, one buy and one sell. The rest of the time, he would eat, drink, have fun and enjoy himself, using the big trend to make money for himself.

On the other hand, those who only trade frequently work hard and worry every day. After a few years, they find that they are still losing money.

The level of the currency circle:

The leeks among leeks: Characteristics: They think that any coin can make them rich, they like the junk coins among the copycat coins, they buy whatever others say, they know nothing about the coin except the name of the coin. They join various groups.

The fighter among the leeks: Characteristics: like to go all-in, specifically look for 100x and 1,000x coins, start learning short-term trading, leverage, stay up late to watch the market, watch various video analyses, and show off to everyone they meet.

The leeks are starting to turn green: Characteristics: They start to learn some things about the currency circle, start to worship the big guys in the currency circle, such as Bao Erye, etc. They are easily influenced by fomo, believe whatever the big guys say, and start to imitate.

The leek has grown taller: Characteristics: Knowing that they are not gods, but just leeks, they begin to learn various indicators, look at various policies, and pay attention to various news about the Federal Reserve.

Old leeks: Don’t buy easily, learn to wait, but if you buy after the price drops a little, you will still find yourself trapped. Constantly adjust and summarize experience, focus on the growth of mentality. Exit various groups. Life returns to normal.

The emergence of the cryptocurrency circle is a new opportunity for the younger generation!

Behind every story in the cryptocurrency world there is a myth of wealth creation. Stories such as Bitcoin, Ethereum, Defi, NFT, etc. have made batches of new people rich.

Bitcoin players will miss out on Ethereum because of their rigid mindset, and Defi players will miss out on NFTs because of their fixed mindset.

After accumulating enough experience in the cryptocurrency world, you will find that we need to have an open mind to look at the development of all things.

Each wave will bring up a new group of rich people, from Bitcoin, Ethereum to Defi, NFT. Perhaps the future story is that web3.0 is led by assets such as Polkadot and KSM.

Because the cryptocurrency world is a world where there is no way to solidify the social classes in the short term, newcomers can easily cross social classes. It is very easy for newcomers to overthrow the old ones.

The people here will eventually become rich, so poverty is not the root cause. Resisting learning new things will instead become a wall for the elderly.

In the cryptocurrency world, there is a popular saying: "One day in the cryptocurrency world is equal to one year in the real world." This means that the money earned in one day in the cryptocurrency world is equal to what many people earn in a year outside. Does it sound a bit sensational?

But in fact, if you have experienced the various coins that have increased by hundreds or even thousands of times since 2016, you will know that this statement is not an exaggeration at all.