You still have to make 1 million and then 10 million to change your life class. This process is very hard, you must eliminate all distractions and concentrate. You can't miss any opportunity of capital pool, any concept. For example, if you invest 10-100 yuan in the early stage of Shuzang, you can do it. Go wherever there is money.
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What is taught in textbooks is nonsense. The great philanthropist Huang Shiren only charged 12.5% interest on loans, although not as kind as the great villain Liu Wencai. The reason why official loans of 24% are now allowed is because China is now a data prison; where can you escape to?
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Crypto projects end in one of two ways: become infrastructure, or go to zero.
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Once you earn money, place it in different compartments. After making profits, never gamble with all of it nor spend all of it. Allocate part for reinvestment and returns, part as emergency reserve, part for improving quality of life. The wealthy distribute gains properly and never bet all fruits of victory back into the battlefield. Safeguard what you have earned and you truly hold wealth in your hands.
Using money to buy goods is easy; exchanging goods back into money is difficult. Even the world s top salespeople cannot easily exchange goods for money the way money can buy goods.
What do those who make money in the cryptocurrency circle do? They travel the world with lofty ambitions, and travel freely through mountains and rivers. They become the contemporary Xu Xiake, and have low-profile massages in clubs every two or three days, and eat and drink lavishly. I seem to see that the pig king has eighty golden pig pens and married more than two hundred pig wives, and he is inseparable from the nature of pigs. The cold cryptocurrency scientists and programmers are still calm. They know that they can get huge numbers by just moving their fingers, and they are numb, because their job is to type code every day. On the contrary, the wealth stimulation brought by this coding is more enjoyable. Otherwise, how could Binance boss CZ surpass Li Ka-shing, Jack Ma, and Ma Huateng in four years? Because he was born as a programmer and can sit on the bench, no wonder he is the richest man in New China, and he is not tempted by wealth. If you want to pick up girls, your cognition must be higher than that of girls. If you want to make money and become the richest man, your cognition must be higher than that of the former richest man.
Averaging-down on losing positions drags you deeper into the abyss. A flawed position never improves simply by injecting more capital; you only magnify overall risk exposure.
People who do not know how to cherish and plan their time are making the worst investment in the world.
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He held large coin holdings with paper-value of tens of millions, yet could not tell family or friends. He feared being asked for loans or being targeted. Wealth brought heavy psychological pressure.
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Avoid causal fallacies. Price appreciation does not validate full project correctness. Rallies conceal flaws that become exposed once market sentiment reverses.
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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.
An elder once told me, Befriend officials and you'll become poor; befriend rogues and you'll become rich. On the road to making money, who hasn't worked themselves to exhaustion doing undignified jobs while constantly being mocked as a clown?
Stay away from draining people and matters. Negative?energy people and meaningless chores are like termites gnawing away your energy, resolve and opportunities. Some people drag you down, spread poverty?oriented mindsets, kill your ambition and consume your time. The wealthy consciously filter their social circle and keep draining forces at bay. Reserve your energy for goals and growth. Safeguard your mental magnetic field so you do not waste the inner drive you should use for earning money.
Bottom signals: dead group chats, KOLs going silent, miners capitulating.
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