100x or 1,000x coins are what everyone in the cryptocurrency circle dreams of. In addition to financial needs, they also want to satisfy their dreams, feelings, and the envy of others. Of course, winning the lottery is also what everyone dreams of!

From my personal point of view, buying 100x and 1,000x coins is like a lottery player studying the double-color ball numbers on the trend chart at a lottery station. Can a miracle happen? Yes, but it is only a miracle.

It is undeniable that there are many teams specializing in researching various types of currencies, and they have caught many coins that have increased dozens, hundreds, or even thousands of times in value, but that may be because they caught them correctly a few times; it may also be for publicity (deception); it may also be that it was not originally there; it is possible that they made the wrong choice and were taken away in a wave, such as the Three Arrows (those affected have not all been exposed yet).

I don’t believe that there is any other team in the world that can surpass Buffett’s team, even though Buffett’s annualized return is only about 20%.

There are currently 20,000 coins circulating in the market. Excluding those that have no depth and are not even bought by investors, let's assume that there are only 10,000 coins. Among the 10,000 coins, we assume that 10 will increase by 100 or 1,000 times in the future.

Then the probability of choosing the right coin from 10,000 coins is only one in a thousand; after choosing the right coin, can we hold on to it firmly? This probability is temporarily calculated as 1%; if we can hold on firmly and clear the position in time when the psychological expected price is reached, this probability is temporarily calculated as 1%.

The probability of one in a thousand or one in a hundred is not an exaggeration. This market is far more impetuous than the traditional financial market. Some people sell their stocks as soon as the price drops, which is commonly known as having no faith. If the price drops further, they run away, which is commonly known as stop loss. Some people sell their stocks as soon as the price rises, which is commonly known as having no pattern. If the price rises further, they sell their stocks, which is commonly known as stop profit. New hot spots and opportunities to "get rich" are everywhere every day. Can you really keep your mind calm?

Crypto Statistics As of the end of 2021, the number of people who own cryptocurrencies is close to 300 million.

If we follow the above percentages, then only 30 people out of 300 million will eventually succeed.

Even if we assume that there are 20 coins that will increase 100-fold or 1,000-fold in the future, only 60 people will succeed ~ not much difference.

And those lucky ones who choose the right ones, hold on firmly, and clear their positions in time must also avoid some unexpected events:

I was not used to using my wallet on an exchange, and ended up losing the exchange.

It is not uncommon for exchanges to close down, such as Mentougou in the far distance and Hufu and AEX in the near distance. In the 12 years from 2010 to 2022, there are at least 800 exchanges that have closed down worldwide, if not 1,000. This data is not readily available. What we know may only be information from the simplified Chinese circle. If you search Google in English, French, Korean, and Japanese, this number is not much less.

The idea of ​​currency standard is to earn more coins, so the contract is opened and the position is liquidated.

Even in the heavily regulated commodity, stock, and foreign exchange markets, it is impossible to avoid targeted blasting and insider trading. Moreover, in a dark jungle without regulation and on the edge of the law, facing temptation, rational action is to do evil. If you don’t do evil, then the exchange is still human.

Put it in a wallet, but the wallet is centralized (Math Wallet, TP Wallet), download to a fake wallet, download to a real wallet but the mnemonic phrase is not kept well, click on the wrong link to authorize...

I have experienced the incident of not keeping the mnemonic phrase properly. Although I am fortunate that I did not suffer any loss, this lesson is enough to remember for a lifetime. I have never clicked on any DAPP or link in the wallet where I store large assets, no matter how good the reputation of the project is or how high the market value is.

After avoiding the above accidents, the 30/60 lucky ones are likely to be reduced by 50% again, that is, only 15/30 people out of every million families can succeed. . .

This probability is equivalent to only one lottery player in the entire province winning the jackpot in a certain period; or a gambler taking away a suitcase of money from Macau.

So according to my personal style and preference, I prefer Sugared Orange and Auntie.

Although the future growth is destined to be slower than that of hundred-fold or thousand-fold coins, or even mediocre altcoins, the growth is certain. The difference lies in how much it will grow.

Just like the interest on bank deposits, it is destined to be incomparable with star funds, Pitupi, trusts, and ABN AMRO, but it is highly certain and safe, and it will not give you red money.

The peak of Sugar Orange in 2017 was 20,000 and the peak in 2021 was 69,000, although many people regretted that it did not reach 100,000;

The peak of Da Yi Tai in 2018 was 1400 and the peak in 2021 was 4800, although many people regretted that it did not reach 8000 or even 10,000.

But the market is always the best teacher, and 3.5 times in 4 years is enough.

People who do badly in the cryptocurrency circle are not not smart enough, but they opened contracts and touched coins that they should not have touched. None of the scams are clever, and the only characteristic is: the temptation of high interest rates.

Today's sharing ends here. Later, I will bring you the analysis of the leading projects in the track. If you are interested, you can click to follow. I will also organize some cutting-edge information and project reviews from time to time, as well as some bear market avoidance guides and individual coin recommendations. Welcome all like-minded people in the coin circle to explore together. I will update more cutting-edge information in the coin circle in the future. If you have any questions, you can like, comment and ask me.

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