There is a characteristic, if you want to make quick money, obviously the return of investing in Bitcoin BTC is not as high as that of other currencies. A novice who uses millions of yuan to speculate in cryptocurrencies must have learned about the cryptocurrency circle before entering it. Most importantly, he must have made a lot of money from other industries, and he must have more money. Rich people are rich because they are not stupid. People who have made a lot of money must have a higher understanding of the logic of making money than ordinary people, and they know how to allocate funds and control themselves better. They will not make wrong judgments because of short-term losses. He will definitely be smart to explore after entering the cryptocurrency circle.
The rule is that there is a cycle every four years. But only fixed investment can be used for arbitrage, and other methods that want to make money quickly are not allowed.
BTC, ETH, LTC, ZEC, XRp, Sol, Xlm, ADA, the above 8 coins, you can buy them in turn as you like, the weekly K will see the bottom, more than 3 times the shipment, repeating the cycle, a little bit makes a lot. Ship pepe can also rise ten times.
Most people who constantly give trading signals in crypto are driven more by desire than by ability. They often underestimate risk and overestimate themselves.
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Whenever rumors appear that a token may be delisted, speculators immediately argue over whether it is a bargain or a trap.
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From January to May 2021, the price of Dogecoin DOGE soared by 10,000% due to social media hype. I sold out in April at that time. I couldn't even imagine the 60,000 yuan at that time. It has increased in value to 25.5 million. I never dared to imagine in my life that I would be financially free. So it is the virtual currency in the cryptocurrency circle that gave me the future. Although I have a certain understanding, I feel that luck still accounts for 99% of my sudden wealth, haha;
I have been running errands for acceptors in the cryptocurrency circle for nearly three years. I believe that people will still ask me this question in ten years. It is the same in all industries. Some people stay with a lot of money, while most people leave miserably and disappear. The 80/20 rule applies to any circle. It can only be said that different people have different fates. Different ways of playing at the same time will have different results:
Do not treat trading as intelligence-proving competition. It tests self-restraint more than brainpower. Vanity pushes you toward unnecessarily high-risk choices.
Many people believe that the first million comes from effort, while wealth beyond that requires luck, timing, and opportunity.
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A few traders even develop superstitions about where they live and whom they associate with.
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Scammers pretended to be buyers and collected personal-iD and bank-card information. They used this data for fraud, resulting in his account being frozen.
We are in the best time in history to own cryptocurrency.
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However, if you are a newcomer to the market, I suggest you take a look at how the big guys in the cryptocurrency circle who have made hundreds of millions of dollars operate. Even if you don t get rich, you should have no problem making enough food and clothing.
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Power is the lifeblood of the elite, while wealth is the lifeblood of ordinary people. Ordinary people should guard their wealth just as the elite guard their power. Otherwise, it is as if they have lost their lives.
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