I found something very ridiculous; our internal community only has three hundred people, but it has influenced the trends of certain altcoins (ranked within the top 150 by market cap).
The crypto world is brutal; the ones who truly make big money are these three types of people. Let's see if you are among them.
First type: those who treat Bitcoin as gold This type of person doesn't feel like they are trading coins at all; they treat $BTC as digital gold, investing a little when they have spare money, and once bought, they throw it into a cold wallet, hardly looking at the app. They don’t know when the bull market rises to the sky, and they don’t panic when the bear market crashes to nothing; there isn’t a single word about coins in their social circle. Every four years, there are two cycles of bull and bear markets; originally investing thirty to fifty thousand a year, after ten years, their assets can easily reach several million. The most ruthless thing about this type of person: they deeply understand that they cannot accurately predict short-term fluctuations, so they simply give up on predictions and take 'not knowing' as their core competitive advantage.
[ Comprehensive Methods for Safe Withdrawal in the Cryptocurrency Circle ]
How to avoid receiving dirty money/being card frozen? 10 hardcore suggestions: 1. Prioritize OTC trading on major platforms like Binance and OKEx, which have strong risk control and good communication channels with regulatory and law enforcement agencies. 2. Try to choose platforms that support T+1/T+2 withdrawal strategies. Although you cannot withdraw immediately after selling coins, it reduces the risk of being involved in money laundering. 3. Separate the bank card used for OTC trading from salary cards, so even if frozen, it does not affect the use of other funds, making it easier to clarify the flow of funds during investigations. 4. Try to use cards from local banks, such as city commercial banks and rural commercial banks in various regions. Large and medium-sized joint-stock and commercial banks like ICBC, ABC, and CCB have branches across the country, making it easy for law enforcement agencies to directly freeze them.
In the cryptocurrency world, those who make money through 'trading' basically follow these four models.
1. If you are a complete novice, I recommend not trading cryptocurrencies, but rather accumulating Bitcoin. Bitcoin has a long-term bullish outlook, and the success rate of dollar-cost averaging is 99.99%. However, very few people do this now because the time cost is too high.
2. Contracts, the higher the leverage and the shorter the term, the closer it is to gambling. Technical analysis is ineffective here, and the requirements for temperament and discipline are extremely high. The vast majority of people cannot master it; the success rate is lower than the chances of being admitted to Tsinghua or Peking University.
3. On-chain trading/primary market, inherently carries a hundred-fold leverage and is a game of small bets for big returns. If you catch a golden opportunity, you can take off directly. It mainly relies on news trading, depending on information and experience, with a success rate of just a few in a thousand.
Why are young people keen on trading cryptocurrencies?
Because social class is seriously rigid, young people can't see any hope of turning their lives around by just working.
Either be a loser for a lifetime, or gamble for a future in the cryptocurrency world. If it were you, which would you choose?
Most people will toil through their lives, burdened by high mortgage and car loans, spending their whole lives repaying debts, giving up dreams and passion, and it’s basically hopeless to stand out.
If you still want to give it a shot, the cryptocurrency world is one of your few opportunities and also the easiest place to make big money.
You just need to seriously immerse yourself in this circle, keep learning, improve your understanding, and it's easy to take off.
How to Make Your First Million in the Cryptocurrency World?
1. Small capital, knows nothing, only considers $BTC and mainstream coins, can't earn 100 times, but to be honest, for beginners, not losing money is already making money. 2. Small capital, but understands investment, tracks, projects, and human nature, then study the core narratives of the cryptocurrency world and layout potential projects. 3. Medium capital, knows a little about everything but not proficient in anything, then allocate a large position to quality mainstream coins and a small position to potential hotspots. 4. Large capital, directly buy at low points, hold long-term, focus on big cycles, ignore short-term fluctuations.
Are people who achieve financial freedom through cryptocurrency feeling proud? What are they doing later?
1. Don't let the people around you know that you are trading cryptocurrencies. There are many reasons for this, and I will elaborate when I have time.
2. Don't let others know how much money you've made, and avoid showing profit charts or asset charts to prevent unnecessary trouble.
3. Don't post about your wealthy lifestyle on social media. Aside from your close relatives, no one wants you to do well; boasting can easily attract envy.
4. After acquiring a large amount of wealth, keep your distance from people you originally knew. The first thing I did after cashing out in the bull market at the end of 2021 was to quit my job, and I haven't worked since. The second thing was to delete anyone I could from my previous contacts.
In addition to analyzing the fundamentals of cryptocurrency trading, it is also important to pay attention to the chip structure and the level of main funds, as these are the underlying rules of the financial market $ETH
We are currently in a four-year bull-bear cycle from 2022 to 2025, with 2025 being the endpoint of this cycle.
For newcomers, experiencing the first cycle and not achieving financial freedom is quite normal.
Newcomers, due to insufficient experience and understanding, lack risk control and position management, and do not know how to take profits or cut losses at the right time, resulting in assets going through a roller coaster ride, and even experiencing serious losses, which are all very common.
If you fail at the beginning, it's okay; there can be another round, the four-year bull-bear cycle from 2026 to 2029.
The hardest thing for a person is to complete the accumulation of original capital.
Once the accumulation of original capital is completed, wealth takes off like a rocket, and making money becomes very easy.
Tens of thousands can turn into millions in a bull market, and hundreds of thousands can turn into tens of millions in a bull market; it's not a difficult feat in the cryptocurrency space.
The amount needed for the accumulation of original capital is around 1 million, and the amount needed for financial freedom is around 30 million to 50 million.
If one can grasp the cycles, generally two bull markets are enough for financial freedom.
Finance allows assets to grow exponentially, especially in the cryptocurrency market, which is even more rapid.
Is money not just blowing in from the wind? What use is hard work?
A quality circle is very important. 99% of free groups are similar to the old man at the village entrance; they are just scattered chats, and you can't learn much from them, which is actually not very meaningful. Only a quality circle can provide you with useful information, and information is the key to profit. $BTC
Do not play with junk coins Do not play with contracts Do not blindly chase trends Do not trade emotionally Do not chase rises and falls Buy quality coins at low positions, sell at high positions Except for $BTC , do not have faith Only in this way can you achieve ideal results in the crypto world