introduction:
This is not a story of persuasion about going bankrupt after getting rich overnight, nor is it a story of making a comeback with the help of the cryptocurrency circle, but an ordinary story of an ordinary person in the cryptocurrency circle.
The cryptocurrency world is very much like tomb robbing and gold digging in novels. Its characteristics are getting rich overnight but also coexisting risks.
1. Cryptocurrency Circle Stories
The cryptocurrency circle first heard about Bitcoin proposed by Professor Li Xiaolai. At that time, influenced by the mainstream media, people followed the mainstream and believed that it was a Ponzi scheme. People even bought a string of digital air. They were complacent and thought that those who played Bitcoin were all xx and they would not be cheated. That year was 2019.
It was not until I truly entered society and gained actual experience and read a lot on Weibo that I realized that this is the nature of this society, and I am the one who follows the crowd.
I have to sigh: I actually missed such an opportunity. However, it was not until three years after entering the circle that I realized that even if I was given the opportunity, I would not be able to grasp it.
2. Cryptocurrency Career
I started to get in touch with Bitcoin in some month of 21
Started a gambling/trading career.
What really attracted people to enter the cryptocurrency market was the cryptocurrency star Liang Xi. Many people still do the same. He did one thing and turned 2,000 yuan into 20 million yuan in one night. If you don't believe it, then you are an outsider.
The dream of getting rich overnight has inevitably attracted the attention of a group of outsiders through this case. Just like winning the lottery, this market is more special because it does not rely entirely on luck, and is almost free, without any shady dealings, and everyone can make money with their own "strength" - because you can buy and sell freely, and you don't need to wait for the lottery numbers to win the almost zero probability.
There are other stories about Liang, such as his bankruptcy and debt, which is an ending that meets the public's wishes. In contrast, there are other stories about someone who made millions or tens of millions before going bankrupt, and someone who lost so much and earned so much in a bull market.
I entered the cryptocurrency circle with high spirits, but I was always a passer-by. Even though I worked so hard to study trading techniques and almost got an account in the trading field, I finally got tired of playing and deleted those "useless" articles, even though they could provide traffic.
I can’t play technical analysis of contracts anymore - it’s basically gambling, and I can’t win even if I gamble, so what can I do?
2. If time could go back
Mr. Li Xiaolai mentioned the concepts of fixed investment and compound interest a long time ago. He is a long-termist. However, as an ordinary person, I cannot stand the compound interest accumulation time in years. I rush into things and forget about them.
The book "Active and Passive" mentioned "the power of penetrating time", cyclical trends and cycles. This year, after I entered the circle, I finally realized the meaning of this sentence.
At the end of 2021, Bitcoin reached a high of $69,000, then fell below $20,000, and has now risen to $72,000. This cycle has already happened in the cryptocurrency world, but few people have grasped it.
Among them, altcoins have grown tenfold or even a hundredfold.
Due to the instability of my job, the gambling of contracts, and the lack of capital, I had the opportunity to get involved in this period of money-making, but like most people, I didn't have the patience and I got out after a few points.
I missed the opportunity, which is a sadder story than a margin call.
People will learn some lessons.
Hindsight
If you have a stable source of income, you can put in at least 30,000 yuan a year.
If you had not touched the high-multiple contract that year, you would have bought more as the price fell, and the profit would have been 3 times from 20,000 to 70,000, plus a single-digit leveraged fixed investment.
If the compound interest continues in this way, you can live a worry-free life for a few years by just taking out a portion of it. If you work hard on the Internet, you can achieve some small success.
So after two years, the minimum profit is 5 times of the original investment of 50,000 yuan. This is not a small amount.
If Bitcoin reaches 100,000 in a few years, what will happen when we look back? It is not a dream to be worth a million dollars in this life, but if you just screw in screws, at least no matter how far you look back in history, it will never happen - and this is enough to guarantee your freedom for a long time, right? Keep a low profile and you don't have to sell your time again in this life.
Of course all this is meaningless, looking forward to the future.
Truly believe in the power of time, choose good target products, and wait.
Anyone who has personally experienced a bull or bear market at one time or another will always have a deep and unforgettable experience.
So if the above is to become a reality, the future will begin from now on.
I may be able to achieve a million dollars in my lifetime before I turn 30 - before I actually wanted to achieve it within a year.