Let’s talk about it the other way round. Suppose the currency circle has no major ups and downs. It is as stable as the ordinary market. A 10% drop or a 10% increase is a big deal. Then the currency circle is still attractive to you. Strength?
I can tell you why the currency circle has so much ups and downs. The fundamental reason is that in the very early days, there were many retail investors and few institutions.
Compared with the entire financial market, the market value of funds in the currency circle is less than one-9 millionth.
Such a small amount of money will lead to very large fluctuations once a relatively large amount of money enters and exits.
Therefore, the currency circle is still a dividend market. Why do young Koreans speculate in currencies? Because their social class has been solidified, it is impossible for an ordinary person to afford a house by working in his lifetime. So they lay flat. They expect to get rich in the currency circle. In fact, they can only get rich in a new type of financial market such as the currency circle.
It’s the same in China. It used to be very profitable to open a physical store. You could buy a house by setting up a street stall. Before 2015, people made money by doing e-commerce, and ordinary people did it. Physical brands generally looked down on them. Later, physical brands came in, and ordinary people had no chance anymore.
Now that Douyin e-commerce has emerged, celebrities have entered the scene. Do ordinary people without money have a chance? It cannot be said that they have no chance at all, but it is already very difficult for ordinary people to sell goods. At most, they can make tens of thousands of yuan, which is already a pretty good level. Most people don't have the opportunity to make big money.
Now young people want to make money only in the cryptocurrency circle, relying on the rapid development of the financial market to find the entry point for their own wealth explosion. There is no need to look at other places, just work honestly. Ordinary people with a salary of 100,000 to 200,000 yuan a year cannot afford a house in a first-tier city.
I know a friend in Shenzhen. Before 2021, he was in debt of one million and lived on credit cards. His life was extremely difficult and he was worried about money. Later, he joined the cryptocurrency circle. After a bull market, his net worth has reached 5,000. Let's not talk about whether it depends on luck or strength. Is there such an opportunity in other places? There is no chance of getting luck, but after serious study in the cryptocurrency circle, even if you just buy Bitcoin. , you can get rich. I have always said that as long as you buy one Bitcoin, you can get rich by working honestly, just wait, and many people don't believe it. After many years, they will understand how much my words are worth. It is worth as much as it rises.
So because of its early properties, Bitcoin has been rising and falling like this. You will see all kinds of news in the news, bad news, and your relatives and friends may tell you about the dangers of Bitcoin. If you don’t have cognition, you can’t hold on. If you don’t have a stable life, you can’t hold on. If you can’t maintain a simple life and firmly identify your goals, you can’t hold on.
I asked the bigwigs in the cryptocurrency circle about their secrets to getting rich. They all had one thing in common: they never looked at the money they bought and just kept it there like a house.
Anyway, there is no shortage of money to spend, because the ability to make money outside the field is strong, so there is no need
If you want money, you don't need to sell coins.
But what about those who are not good at making money off-site? There are plenty of opportunities in the cryptocurrency circle, such as participating in exchange activities, NFT whitelist draws, airdrops, staking mining, etc. Only those who want to change and get rich will do this and have the patience to study it.
Many people say that they also want to make money in the cryptocurrency circle, but they haven't found a circle. I am sharing this on Zhihu now, hoping that more people will see it. What I say is what I have experienced and what I know. I won't brag about it. It's meaningless to talk about hundreds of millions of dollars. I am just an ordinary person in my life. I got money in the cryptocurrency circle, so I came to share these views. If you see me for the first time, you can check out my previous articles.
Only in large fluctuations can the system be stable, which is in line with Taoist thinking.
Fluctuation is not a bad thing. Instead, it is a normal phenomenon that enables things to develop stably in the long term.
The cryptocurrency world is actually a category in the field of Extremistan. It means that very few people have a lot of money, and very few people may be very simple people, very ordinary people. I don't know if you can understand what I mean. People who are too smart, have too many ideas, are self-righteous, have narrow minds, and cannot accommodate new things may not be suitable for the cryptocurrency world. They can't make money. #ORDI
