There are two ways to become rich with cryptocurrency, but most beginners make a lot of mistakes before learning the lessons, which makes their journey to success much more difficult. Many beginners see cryptocurrency as a way to make quick money and survive the market, this is a very dangerous way of thinking in the cryptocurrency space, leading to many bad decisions that can ruin their portfolios. Their investment goes to 0😭.
Now let me tell you how to get rich with cryptocurrency, you might think that to achieve great success you need a complicated plan but in reality it is not always like that, to get rich in cryptocurrency you have two options, remember I don't mean gambling on some random memecoins. I mean getting rich strategically.
A. start with a quarter of what you consider rich, if rich for you is $1 million then you need $250k to start to become rich in a reasonable amount of time that money you don't need to know much about cryptocurrency, all you need is to buy in a bear market and store in a secured non-custodial wallet over time your wealth will continue to grow while you continue your business, with this method you don't need to diversify, just buy $BTC .
B. Start small and grow over time, this method of getting rich may need some patience depending on the market conditions, you just need to be patient with it, let's say you start with 1000 dollars in a bear market, the best thing to do is put $1000 on $BTC , money held in an unattended wallet allows bitcoin to move while you learn about the market, learn as much information the better, learn about defi, staking, farming, airdrops, futures trading, etc.v. The moment BTC is sure to make a profit then you can now diversify buying 5 altcoins with your btc profits, keep your capital ($1000) in USD as you see your altcoins increase 5x and started selling to USD.