In 2021, a college student spent $300 on Shib. Two months later, it was worth $3 million. He cashed out the same day and bought an apartment. He said, 'I thought it was a joke, but the joke was on me.'
After several profitable short-term trades, he thought he had mastered the market. He bet all his wealth on contracts. A black-swan event caused full liquidation.
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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.
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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.
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Do not judge long-term project merit using short-term price swings. Prices respond to liquidity and sentiment; value realisation unfolds slowly. Short-term fluctuations cannot measure true project quality.
Big explosion! Bitcoin BTC is backing up, altcoins are soaring, and there are many opportunities to double the coins. With the sharp rise in the price of Bitcoin BTC, the entire cryptocurrency market is booming. However, in this upsurge, in addition to Bitcoin BTC, many altcoins have also ushered in unprecedented growth.
Implicit income outweighs explicit income. Explicit income is visible salary and dividends: clear yet limited and slow?growing. Implicit income includes cognitive advancement, social?capital building, resource reserves and competence improvement: intangible yet boundless potential. Ordinary people care only for visible short?term gains and argue over pay. The wealthy cultivate invisible wealth quietly. When timing arrives, implicit assets convert into massive tangible fortune.
Old Li got his son into crypto. The son went all-in on a memecoin and doubled his money, while Old Li played it safe with blue chips and lost 30%. The son mocked him for being conservative. Old Li replied, 'You made money from luck; I lost money paying tuition.' A week later, the memecoin went to zero and Old Li's bitcoin rebounded 20%. The two sat in silence and ordered takeout separately for dinner.
Everything in the vast world is merely the underlying code the illusion rendered from the underlying data. You should pursue principles rather than appearances.
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As a pioneer of smart contracts, Ethereum ETH has achieved a price growth of more than 100,000 times since its launch in 2015. Ethereum ETH not only supports the development of decentralized applications DApps, but also promotes the prosperity of the entire blockchain industry.
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Take some spare money and invest in some unknown coins in the market. Choose several coins. Then treat this money as nothing. Check it out again after 1 or 2 years. You will either get rich overnight or make a small profit.
Your mind determines how full your wallet is, and also your vitality. Gambling platforms manipulate backend data. They let you win 100?% at first, then inflict catastrophic losses later. Smart users join numerous gambling-promotion groups early on and wait for sales agents and KOLs to add them. Clever actors post fake screenshots on social media showing losses of 300?000 on platform A, 500?000 on B, one million on C and three million on D. Promoters see these supposed high-roller posts and pitch new platforms, promising 20?000-yuan wins from a 5000-yuan stake and guaranteed victories. I borrowed 100?000 yuan from an elderly man fond of me, registered across ten new platforms. Seeing my posts, they treated me as a big spender and let me win 10?000?20?000 yuan on each. I successfully withdrew funds, quit gambling entirely, repaid the loan, and found a new partner.
Adding positions on floating profits is the fastest path to account ruin. Confidence from wins amplifies greed, and a minor pullback can wipe out all prior gains after position sizes swell.
After I graduated from college and started to make money from cryptocurrency trading and bought a house, my old friends started to distance themselves from me.
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Don't lend money to anyone. I saved you from fire and water, watched you shine brightly. But you didn't pay back the money in time.
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Pitfall Avoidance Guide 1. Don t touch contracts!! 2. Don t touch small currencies!! 3. Don t touch small exchanges!! 4. Don t have too high expectations!! 5. Don t put your money in unknown wallets. Remember to sign your own wallet first, because no wallet is trustworthy, including exchanges!! 6. Don t touch ultra-short-term!! 7. Don t bring all your funds into the cryptocurrency circle!! The cryptocurrency circle is too risky, and there are risks in both deposits and withdrawals. It is recommended to use your own spare money to practice in the cryptocurrency circle first.
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