To talk about my connection with the crypto world, I have to start with an accidental conversation over a decade ago. That day, I met an old classmate whom I hadn't seen for a long time. He animatedly shared his 'legendary achievements' in the crypto space, claiming that his assets doubled in just a few months and he achieved his small goal of buying a car, which made me feel restless inside. At that time, I was troubled by the monotony of work and the meagerness of my salary; financial freedom seemed like an unattainable dream. My classmate's story was like a ray of light shining into my dull life, filling me with curiosity and longing for the crypto world. After returning home, I couldn't wait to start searching online for various information about digital currencies, from the background of Bitcoin's emergence to Ethereum's smart contracts. The more I looked, the more I felt that this emerging field was full of infinite possibilities. Driven by my inner enthusiasm, I took out my long-saved 50,000 yuan and plunged into the crypto world. At that time, I felt like a new soldier entering the battlefield, completely unaware of the challenges and risks ahead, my heart full of desire for wealth. In those years, I chased after cryptocurrencies. When I first entered the crypto world, I felt like a headless fly, completely unsure of where to start. Watching the prices of various digital currencies jumping on the screen, I felt both excited and confused. At first, I merely followed the trend, buying a bit of whatever coin others said had potential. I remember my first purchase was Bitcoin, which had already risen quite a bit at that time. I thought it was the leader of digital currencies and would continue to rise. Unexpectedly, shortly after I bought it, the price began to drop. Watching the numbers in my account shrink, I felt miserable. Later, I began to try researching various digital currencies myself. During my research, I learned that Ethereum's smart contract technology is very promising, allowing developers to create various decentralized applications on the blockchain. So, I decisively invested a portion of my funds to buy Ethereum. This time, my luck was good as Ethereum's price continued to rise for a period, and I made a profit. After tasting success, I became bolder and started paying attention to some niche coins. Once, on a crypto forum, I saw someone strongly recommending a newly issued digital currency, claiming it had unique technology and broad application scenarios, with unlimited potential for the future. I was swept away by these descriptions, without conducting in-depth research, and invested most of my funds into it. As a result, it turned out to be a complete scam; the price of that coin rose briefly before crashing down, almost to zero, and I lost my money.
Looking back now, how many so-called big shots who were once active are still around? Most people took advantage of the hype, promoted some altcoins, and earned money that could last several lifetimes. They left behind a mess of scraps, a field of lamenting leeks, and a tangle of various crypto rumors.
Furthermore, if I had simply mined Bitcoin and held onto it back then, today I could also experience the new feeling of having my account fluctuate by hundreds of millions every day.
The first time crossing the cycle, surviving relied on luck; the second time crossing the cycle, surviving relied on calm and rational thinking; by the third crossing of the cycle, I had already understood the principle of going with the trend. Prices go up and down, Bitcoin is still Bitcoin, but the people behind it have changed countless times.
The human face does not know where to go, the peach blossoms still smile in the spring breeze.
Please always remember, only a few people can make money in the cryptocurrency market; the vast majority are losing money.
When the bull market arrives, one must understand one thing: who makes money in the bull market, and who provides the money. A big bull market represents a large transfer of wealth, and the greater probability is that it transfers the little money you have to others. Retail investors should have a sense of reverence for the bull market.
Still the same saying: in a bull market, if you don't know what to do, click on the avatar of KUI Brother, follow him, and get the bull market spot planning and contract password shared for free.