How to make your first pot of gold in the currency circle, and how long does it take?
Usually it takes a bull-bear cycle for a leek to grow from germination to maturity, which takes about 5 years. For relatively dull people, it may take longer to gain a foothold in the currency circle, and it cannot be said that they will have no problem supporting themselves with their first pot of gold.
Of course, unlike Weibo, which has one million per capita, supporting oneself means being able to generate stable income in the currency circle. The investment method is also very simple: accumulate coins in bear markets and sell in bull markets. Of course, investment strategies and returns are multi-dimensional and will not be discussed here.
As the saying goes, if you don’t open for three years, you will survive for three years if you open. This is true not only in the antique circle, but also in the currency circle. If you want to make your first pot of gold in the currency circle, in addition to some investment skills, you also need luck.
Luck is an elusive thing. It has been rising and falling in the currency circle for many years. Countless opportunities for wealth and freedom have slipped away from your fingertips. The real calculation of how long it takes depends on whether your luck is good enough. It doesn't matter if you have strength. The key is to look at luck. Excerpted from 13 degrees below zero!
If you also mine Bitcoin by electricity, and after being sentenced for a few years, you come out and quietly look at the 10,000 Bitcoins lying in your wallet and fall into deep thought, you can do it too; if... there are many in this world. If so, the most important thing is luck.
You don’t need to calculate the time it takes for a coin to enter at a low level and exit at a high level to calculate wealth freedom. This method is invalid in the currency circle.
Even if you can buy it at the lowest point, can you hold it? If the stock price rises 10 times, you can persevere. If the stock price rises 20 times, you will definitely be out of the game. But you cannot be free at this 20 times price, which means you will be free for one or two years. The greater possibility is that you will lose money in the next year.
The money earned by luck will eventually be lost by strength. Years of experience tell me: we can only make money within our own knowledge. How many tycoons in the currency circle know nothing about the currency gambling circle. As a result, they instantly gained wealth by betting on fil, and then their wealth was wiped out overnight because of betting on fil.
Just a second ago, he was holding my shoulders and said, Xiao Chong, look at us who don’t understand anything, and we make more money in the currency circle, so it’s useless to say that you understand. The next second, Xiao Chong, I'm finished, my position was liquidated, I should have listened to you, don't do long fils without thinking.
The cruelty and bloodiness of the currency circle are something that many outsiders are unaware of. Why did a Korean family of three commit suicide, why did some people cry loudly on the high-speed train, and why did some people walk on the rooftop after being heavily in debt? The more you want to gain wealth and freedom quickly in the currency circle, the easier it will be for you to lose it overnight. Risk and return are directly proportional.
Contracts are not untouchable, but you must have strict investment disciplines to stop losses and profits, and at the same time, you must use your spare money to play, so that you can survive in this industry. Any big investment man will never be full of money.
The boss who once made a high-profile short bet on Tesla should have gone bankrupt after Tesla multiplied 7 times, but one of his investment disciplines saved him, that is: any investment will not exceed 5% of the total funds.
To work in this circle, you must control risks and always be prepared to face black swans. If you are new to the currency circle, the first thing you should do is to lose less money or even protect your capital in the currency circle, rather than making a pot of gold. Such a goal is extremely difficult for many people. Statistics show that the probability of losses for retail investors in the currency circle is as high as 90%. Most people in the currency circle lose money.
And what most novices can see is the Kobe stock market where the currency circle has made a fortune, so they become the protagonists of the story... thinking that they are the chosen ones, and they can cash out as soon as their wealth is free. , then chop wood to feed the horses... enjoy life... There are indeed such stories in the story, but I have never seen any in real life.
Every person I see who is a great person, no matter how high-profile they are in the bull market, they will be in a state of embarrassment in the bear market. So follow me, let’s make money honestly in the currency circle together, don’t expect to get rich overnight. I used to be like everyone else, hoping to get rich overnight in the currency circle. After countless attempts, reality gave me a heavy blow every time. You and I are both mortal, plainness and stability are the truth! Come on, people in the currency circle.