Can you really get rich by speculating on coins? The real experience of a young man from Northeast China (Strategy Free Sharing Home Page)
I successfully earned nearly 4 million yuan in profit through currency speculation, with an initial capital of only 50,000 yuan. Since graduating from college, I have not joined the busy workplace. Instead, I have chosen to live a leisurely life between Harbin and Changbai Mountain. I do not pursue material luxury. My life is quite simple, and my monthly expenses are controlled within 2,000 yuan. So, how did I achieve this wealth accumulation?
While in college, I saved a principal of 50,000 yuan bit by bit by participating in various small projects, such as Taobao customers, part-time order brushing, express delivery agency, and APP promotion. For me, this money is not only the first pot of gold to enter society, but also an important starting point for me to enter the currency circle.
After entering the cryptocurrency circle, in view of the high price of Bitcoin (BTC), I chose to invest in Ethereum (ETH) and some altcoins with potential. I always insist on carefully selecting currencies, allocating positions reasonably, and facing the ups and downs of the market with a calm mind. When the market is down, I can control risks and reduce losses; when the market picks up, I can seize opportunities and achieve considerable profits.
The reason why I chose to speculate in currencies is because I know that if I want to change the status quo, I must dare to try new things. In this circle full of opportunities and challenges, if you can make a fortune, then for ordinary people, it may be difficult to find other better ways to increase wealth.
In the process of making money by investing, the amount of money and volatility are two key factors. For ordinary investors like me, the amount of funds is limited and we cannot make profits as easily as large funds. Therefore, I can only rely on market fluctuations to earn income. Although the currency circle is less volatile than in the past, it is still highly volatile compared to other investment fields. I know very well that when the market falls, I may face the risk of losing money, but once the market rises, it may also bring benefits several times or even dozens of times. Therefore, I choose to buy spot, wait patiently, stay calm when it rises, and not be disturbed by short-term fluctuations.
However, it is not easy to make a fortune by speculating in currencies. I think the difficulty lies in how to control one's desires, firm investment goals, and maintain enough patience.Although this circle gives us the opportunity of high volatility, it is not an easy thing to make a fortune. It requires us to keep a clear mind at all times and not be confused by the short-term fluctuations of the market; at the same time, we also need to have a firm investment goal and lasting patience to capture the real opportunities in the market fluctuations.
Like many things in life, we all know that insisting on exercise can keep healthy, but there are not many people who can really insist on exercising every day. The same is true for investment. Although the principle is simple, there are not many people who can really do it. Knowing is easy but doing is difficult. To make a fortune, we need to be prepared at all times. Once the opportunity comes, we can quickly seize it and achieve a leap in wealth.
My experience may give some inspiration to those who want to enter the currency circle: in the process of pursuing wealth, we need to remain calm and rational, not be swayed by the short-term fluctuations of the market; at the same time, we also need to have clear goals and firm beliefs to move forward steadily in the market fluctuations.
Success is not accidental, it requires us to make the right choices and make continuous efforts.