Why is it harder to make money the poorer you are?

1. Don't think about getting rich overnight

In the current real life, the cryptocurrency circle can indeed accumulate wealth faster than other circles, but getting rich overnight is only for super lucky and extremely smart people.

If your life has never been labeled with these two labels, don't have illusions about it. If you are really one of these two people, you don't need to mix in the cryptocurrency circle and you should have achieved financial freedom long ago! So you who see this answer should completely eliminate this idea. To put it bluntly, the slogan of "getting rich overnight" is used to deceive fools!

Making money in the cryptocurrency circle also requires time, concentration, vision and a little luck, just like the factors for success in other circles, but the return is higher!

How much time you spend and how much concentration you have are your own decisions, and this kind of self-media can't help. What can help is to share more of the information you have collected with everyone, improve everyone's luck, organize book giving activities and private sharing meetings, give everyone more opportunities to learn, and facilitate improving their own vision.

But in the final analysis, Buddha saves those who are destined. If you are too lazy to move your chopsticks when the food is in front of you, then there is nothing you can do. If you wait for others to feed you the food directly, you might as well starve to death!

2. Don’t dwell on things that have not happened

There are always people who sigh secretly while looking at the trend line of the market: If I had bought at the lowest point, it would be great, if I had sold at the highest point, then I would have so much money now...

Forget about things that have not happened. The fact is: making money is more important than how much money you make!

As for the words "I could have made so much money", just treat it as a fart, just listen to it, if you still go back and savor it carefully, it will be a bit disgusting!

Don’t spend too much time studying small currencies

It is often encountered that many people come to ask about the prospects of a currency they heard about from somewhere, and even a big brother who runs a restaurant says that his restaurant is doing a project upstairs, and he plans to invest in it...

What can I say?

I can only say "good luck"...

There are about 8,000 currencies listed on exchanges around the world now! How much do you know? Add to that those that are not listed on exchanges, and you can’t understand them at all!

And even if you understand it, it is useless. In a bull market, everyone rises together, and you make about the same money no matter which coin you buy. In a bear market, many junk coins are silent. If they don’t return to zero, you can only wait for the next wave of market makers to pull the market to get out of the trap.

Moreover, you cannot participate in the primary market of many coins, and you don’t have information channels in the secondary market. Some time ago, a small coin rose with great momentum, but it turned out that the market makers controlled more than 90% of the market. How many people really made money?

Even if there are information channels, it may not be guaranteed to make a lot of money. The market makers pulled the market at a high position to cash out, and there were many cases where they didn’t dare to get on the car after getting off the car. The traders didn’t dare to buy the market they pulled up themselves, because the project staff held too many coins, and the traders were afraid that the employees would dump the market, and there were also cases where they didn’t get on the car!

So spend more time to concentrate on studying a few valuable coins. Even if you can’t catch up with this wave of take-off, you will catch up with the next wave sooner or later. This is what I said above requires "time and perseverance".

What matters is when to get off

Many bigwigs in the currency circle say "never get off!"

But if you don't get off, what will you eat?

Almost all experts, scholars and elites who have learned about the currency circle, including the bigwigs invited to our private meeting, have reached a consensus: blockchain is bullish in the long term, but there will be fluctuations in the short term!

So the bigwigs who have money to spend and don't worry about food and drink said: "What matters is not when to get on the bus, but never get off the bus!"

Although we agree that no matter what the current price is, it is the bottom compared to the future, but we need money to eat, so in the long run, never get off the bus, and in the short term, it is normal to go up and down with the fluctuations!

What matters is when to get off the bus! When the currency value reaches the price you estimate in your mind, you can get off the bus, and don't worry about whether it will rise or fall after getting off the bus.

Everyone who enters the currency circle wants to gain wealth through the bull market, which is also the purpose of each of us entering this field.

But many people ignore whether they have their own abilities.

Just like in life, we all desire to grow quickly, but few people consider that phased growth is the explosion of the continuous accumulation of self-strength. As the saying goes, long-term accumulation leads to rapid development. We always want to reach the sky in one step and dominate the world with one trick.

We need to have enough patience to accumulate. This accumulation is the accumulation of knowledge, professional skills, and ability and quality. We also need to have enough patience to wait for the opportunity to explode.

Just like what kind of gains you want to get in the bull market of the currency circle, it does not mean that everyone thinks that the bull market is coming and you will get the results if you enter the market. It depends on what you have paid in the long bear market, whether you have settled down, and have a deep understanding and deep cultivation in this industry.

Because our growth is not only limited by our own long-term independent learning, but also by many factors such as the external environment.

In life, what kind of people you meet, what kind of circles you integrate into, what you see, and what you experience will affect how fast you move to a higher level.

The conversion of the bull and bear cycles in the currency circle is much faster than that of traditional finance. Time flies, years pass, spring plowing, summer planting, and waiting for autumn harvest.

This is the law. If you can't stand loneliness, how can you keep your youth.

A journey of a thousand miles begins with a single step. As long as we work hard in the right direction step by step, we will eventually move towards the desired future.

Although the road is long and far, the future will appear when the dark clouds are dark and the corner meets the future, just in the moment you persist.

Opportunities are reserved for those who really work hard to prepare, and effective efforts will make us get twice the result with half the effort.

Time will never let anyone down easily, and the results and answers of the currency circle are hidden in our actual actions.

In addition to thinking, the proportion of action and execution is also very important to widen the gap between people.

While the bull market has not started yet, we still have time to look inward at our own shortcomings and correct them. How to make us not miss the next opportunity is the problem we urgently need to solve.

Trading is not about getting rich overnight, but about reasonable profits, which can be long-term, stable, sustainable, and high-probability, so that you can continuously obtain wealth.

No one in this market can be an exception. The only way for retail investors to escape the fate of becoming leeks is to improve their cognition through learning.

Written to Xiaobai novices, get on the right investment path as soon as possible and open the upward cycle channel of your life!