There are always people who say that the risk of investing in the cryptocurrency circle is high, such as someone who just jumped off a building after making 20 million yuan. The risk is always the people, not the cryptocurrency circle. The cryptocurrency circle can be completely risk-free and the mentality is good;
Wealth favours pure energy and abhors dark hearts. The richer you become, the more reverent you ought to be; the more capable you grow, the humbler you should remain.
Why is everyone chasing core resources nowadays? Hong Kong's drama revolves around both sides of Victoria Harbour; all of China centres on Beijing, Shanghai, Guangzhou and Shenzhen, especially Beijing.
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US-dollar liquidity is crypto's blood; the US-dollar Index is crypto's thermometer.
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Do not grow partial toward tokens that previously profited you. Past success does not guarantee future performance. Shifting market environments can invalidate old profitable plays.
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A few years later, your daughter enters college in a Ferrari and practices yachting every day. Someone even wants to marry her, all because you have made a comeback in the cryptocurrency world. In the hot summer, your 30-story apartment is as comfortable as the 22-degree mountain. Your father-in-law smiles from ear to ear every time he sees you, and he drinks top-quality red wine with breakfast. You often get together with new friends in groups of three or five, bragging about your life experiences alone. Hahaha, it should be sharing. And behind all this, it is all because of your cryptocurrency speculation.
Justin Sun, the Rockefeller of the cryptocurrency world, said: If you took away all my property and threw me into the desert, as long as a camel caravan passed by, I would become a billionaire again in less than ten years.
During bull-market euphoria he believed prices would never fall and kept increasing leverage. A single pullback triggered liquidation, giving back all bull-market gains.
In bear markets, cash flow matters more than coin prices.Never invest your living expenses.
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I saw a post on Zhihu before, about a post by a post-90s generation who made 1 billion in 5 years with an initial capital of 10,000. He bought Dogecoin DOGE bnb cake bake. Each one he bought was a 100x coin, and then he exchanged them all for BTC.
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When profit screenshots flood social media late in bull cycles, guard against survivorship bias. Winners post results while countless losers stay silent; do not benchmark yourself against curated success stories.
Even if you are financially free, you still need to do things. You can't just eat and wait for death. What's the point? When you have money, you just want more money, because desire is endless. Celebrities worth tens of billions or even hundreds of billions are still making money by selling goods, let alone ordinary people like us, right?
From the end of 2015 to June 2017, IOTA was always very cheap. But after the ICO boom began in June 2017, IOTA skyrocketed. By early December 2017, it had risen to about 36 RMB, which was 36,000 times higher than the issue price!
Everyone likes this kind of small capital to do it, and with the right trading strategy, it proves that small capital can do it! Not very rich, but super rich. But at the same time, if you are just a newbie who has just entered the market, I advise you to start trading with Bitcoin and Ethereum. You don t know anything, your mentality is unstable, you don t know how to judge the cycle, how to open a position, and how to ship. Even if you make money, you will lose it in 80% of the time. This is just spot trading, not to mention contracts.
Many assume contracts risk only principal. In extreme crypto conditions, wicks, outages and slippage generate unexpected losses; risk boundaries are blurrier than imagined.
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The image of a poor man who suddenly became rich, who can't control the wealth at all, or who has never thought about what the future of this industry will be like. !
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