Mr. Lu Xun once said: Once a person has money, his IQ and EQ will be 77.3% higher, and his worries will disappear by 99%. But the question is, where does the money come from? He did not say, only a string of mysterious encrypted codes. Shakespeare said that only a few people in this world can grasp this string of codes and move towards financial freedom.
Those in the crypto circle who travel every day, like a certain Chi earning thirty to forty million a year, might even have fifty million combined from other platforms. You need to understand that singing red while beating black is about promoting one's own orthodoxy.
For some, a large cash reserve feels more reassuring than an equally large amount of illiquid assets.
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Missing opportunities costs no principal, yet deep drawdowns devour capital, time and mental energy. Do not agonize over missed rallies; fresh trading windows will always reappear.
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In this sense, money controls people's lives. It is the same in ancient and modern times, both in China and abroad. The ancients discovered long ago that treasures can bring you to the presence of big men. It does not say a word, just show it, and immediately, you have a way, and the big boss also smiles at you and regards you as a confidant. In the past, when the Eight-Power Allied Forces attacked the Qing Dynasty, Cixi fled, running all the way to Shanxi. At that time, there was a rich woman named Zhou, who donated 100,000 silver taels to help Yehena, who recognized Zhou as his goddaughter on the spot. Later, after returning to the capital, the rich woman was granted a glorious title such as the Imperial Lady. From then on, Zhou had no obstacles in coming and going, and could enter the palace anytime, and her momentum was unparalleled.
In extreme-pessimism phases, additional bad news loses power to drive further sell-offs. Bad-news-is-priced-in is not absolute truth, yet risk gets heavily discharged amid deep gloom.
The same is true for cryptocurrency trading. People in the cryptocurrency circle are just waiting for a big bull market. In a normal bear market, you can't make any money at all. People in the cryptocurrency circle make a little bit of money through arbitrage through some activities, and then the coins become more, but compared with the legal currency, it is actually less. But as long as you survive the bear market, in the big bull market, basically these people's wealth will increase by 10 times.
In 2017, the wave of digital currency began to come. Zhou Ming invested heavily to make a comeback and successfully captured Ripple and Ant Financial, two currencies that increased by a hundred times. In just a few months, his principal increased by a hundred times and he achieved financial freedom for the first time.
Strictly speaking, speculating in cryptocurrencies can make you rich. And you can make a lot of money.
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A trading journal is worth more than any indicator.
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When poor, you envy the rich. When rich, you may envy the carefree health of the poor.
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The bull market in 2021 was really impressive. When the price was at a high point between 10,000 and 20,000, some people announced that they would become wealthy and quit the market. When the price was between 20,000 and 40,000, there was really a lot of excitement. People were seen becoming wealthy and quitting the market on various platforms. After that, although Bitcoin BTC was very active, it no longer had the wealth-creating effect it had at that time.
Ctrip, with 30?000 employees, generates far higher profits than the top fifty hotel groups employing over three million workers. This validates Zhong Shan-shan's concern: platforms control traffic, profits flow upward in large volumes, and front-line workers rarely get a fair share.
People who have just entered the cryptocurrency circle are bound to buy and sell like a playboy. This makes some people rich quickly. What makes people richer is long-term holding.
Kenaikan emas tidak menjamin Bitcoin ikut naik, namun penurunan Bitcoin tidak menjamin emas ikut turun.
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Evaluate projects by cash flow: fees, staking, burns.
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If founders are still shilling their token, they have not finished dumping their holdings.
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