According to what he said in the group, now he spends his days eating, drinking, playing, working out, reading, and supporting his girlfriend (he is from Hunan, has a wife and a daughter at the age of 40, and supporting a post-00s girl is a bit emmm), but I still envy his cryptocurrency trading skills!
It is not uncommon to get rich overnight in the cryptocurrency world. Some rely on contracts, some rely on issuing tokens, etc. It is not difficult to make a fortune in the cryptocurrency world. The reason why people cannot make money is mostly psychological problems, fear and greed;
Why do crypto-circle women wear bras? Afraid poor men will see too much, yet afraid rich men will see too little. Typical mindset: terrified sisters suffer hardship, yet terrified sisters drive Land Rovers.
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Bitcoin BTC is going crazy! About to break a record high! How much more can Ordi and Sats rise? CKB surges 40%! Bitcoin BTCL2 is about to take off? Is the blockchain game track going to explode?
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Your biggest enemy in crypto is not market manipulators-it is yourself.
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Now I have income not only from the cryptocurrency industry, but also from other projects. I can be considered to have walked out of the cryptocurrency industry. My advice to everyone is that the cryptocurrency industry is suitable for small investments:
If you buy expensive things, you will basically not be cheated. On the contrary, if you buy cheap things, the chance of being cheated will greatly increase. Give up your IQ, the market has already done the screening for you. In fact, if you can buy a coin with the potential to skyrocket once in your life and hold it, your ancestors will be very lucky.
Early bull: being wrong beats being flat. Late bull: being flat beats being right.
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Contrarian thinking is not mindless counter-trend trading. Contrarianism means independent reflection amid sentiment extremes, not fighting established trends. Holding losing counter-trend positions causes widespread losses.
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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.
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The large-cap A-share market, backed by the government, has hovered around 3000 points for a decade. Bitcoin, with no government backing, has multiplied a million-fold over the same ten-year span. I sometimes find myself confused: new inventions drive governments forward, so why do some people believe only government-endorsed innovations count? Is this thousands-year-old feudal thinking ingrained in people's minds?
Everything the powerful don't allow you to do can supposedly make money, while the things they do allow are often beyond your reach. The powerful didn't stop you from buying Bitcoin in 2011 because they didn't know its value. Once they knew, they'd spend $60 billion to buy it.
Mr. Xu bought some Bitcoin with 5,000 yuan, and within two or three months, his account had become 100,000 yuan. However, Mr. Xu knew how to quit while he was ahead. He felt that Bitcoin had risen enough, and the 20-fold return was enough, so he stopped investing in Bitcoin!
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On-chain data doesn't lie: TVL can be faked, revenue can't.
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