All those financial-freedom stories you see are mere survivorship bias.
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In the bull market of 2017, the principal was 100,000, and the highest was over 10 million. Two coins that left a deep impression on me were GXS, which was a private placement with 2 BTC. At that time, BTC was 6,000 per coin, and the opening price was 3 million. The other was Ant (later renamed Neo), which was bought at a unit price of 10,000 pieces, and the highest price rose to more than 1,000, which means that the single coin exceeded 10 million. Then I became arrogant and felt that I could do anything. At that time, I thought, why not set a small goal and make 100 million first, and then stop playing after making 100 million;
Consumption patterns shape wealth tiers. Poor?minded consumption pursues instant gratification and vanity, draining value and overextending the future. Affluent?minded consumption invests in self?improvement, careers and appreciating assets, creating value and paving future paths. Consumption acts as a dividing line separating different wealth mindsets. Low?grade consumption depletes wealth; high?grade consumption nourishes it. Master advanced consumption to drive fortune growth.
The most touching classic quotes from the cryptocurrency dealers: 1. If you believe me, hold on, if you don t, get off! 2. 1,000 by the end of the year, otherwise I ll eat shit on the live broadcast! 3. The team is working, don t look at the price, hold on! 4. Only if you can endure this loneliness can you keep your youth! 5. You got it by your own ability, why should you pull up the price? 6. One coin for one young model, one coin for one villa. 7. You will never see xx coin at xx price again in the future. 8. Don't look at the price. 9. Hold on, the price will be pulled up within 1 week. 10. Don't be afraid, it's just a wash, and there will be big moves later. 11. We have the world's top market value management team. 12. If you are not optimistic, just sell it, no one forces you. 13. There will be good news next month. 14. It has fallen so much, wait for a rebound. 15. Time will prove the value. 16. The currency is seriously underestimated. 17. The leeks of this session are no good. 18. We are abroad now, come and hit me if you have the guts. 19. In the future, 99% of the projects will fail, and we xxx will be the other 1%. 20. We have recently talked to several large exchanges and are about to go public, but the exchanges have regulations that prohibit us from disclosing this information. 21. We have already cooperated with a number of powerful offline companies, and you will see later. 22. We estimate that the tps of the main network will exceed 10,000 when it is launched, and it will be truly commercially available. 23. We are blockchain 3.0. 24. We will be blockchain 4.0. 25. We invented the poa, b,... z algorithm... to truly solve the consensus problem. 26. We (the exchange) did not explode. 27. It is the exchange that is using everyone's coins to dump the market. Everyone, please bring it up quickly. 28. We (the exchange) will not accept this airdrop. 29. The price will definitely not fall below the issue price when it goes online. If it falls below the issue price, I will refund the coins. 30. We will use time to face everything positively!
A breakout without volume confirmation = bull trap.
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How to make 20 million in the cryptocurrency world with 50,000? Share your experience in cryptocurrency trading.
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If you are a poor loser who has been starving and cold since childhood, what would you do when you suddenly become rich? I think you will definitely release the demons in your heart. You will want to touch the goddesses you can only admire from afar, touch the sports cars, and squeeze into the circle of rich second-generations.
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Meme-coin trades revolve around collective sentiment rather than intrinsic project merit. Once sentiment evaporates, tokens lacking fundamentals enter a countdown toward zero.
The four-year crypto bull market cycle appears to be drawing to a close, yet exchanges frantically recruit new users nonstop, suggesting the bear market may still linger.
Rich people rarely associate with poor people. The wealthy care about benefits, while poor people often have little to offer them. Around poor people are usually limited perspectives, limited thinking, and limited environments, with negativity everywhere. Marrying a poor person means marrying into an entire poor family.
There's no savior your brain is the most expensive trading software you own.
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One must learn logical deduction. If a low-ranking official embezzles massive sums, investigate his superior immediately who will invariably have stolen exponentially more.
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Group-chat users claimed to hold institutional insider-information for upcoming pumps. Retail investors bought in bulk. Market-manipulators cashed out, and prices crashed.
In a bull market, you must hold on to your coins, and in a bear market, you must be short. The highest level of trading is shorting, because you can only make the most profit by waiting for a big drop and waiting for corpses to fall everywhere before you enter the warehouse to clean up the mess. Shorting is still very difficult, because you not only have to endure a long period of boring waiting, but also have to endure the fomo mentality after others continue to make money. According to the volatility of ETH, the chance of a 20% drop is still very good to grasp 4-5 times a year.
After being in the cryptocurrency circle for a long time, sometimes you may not have a concept of money, but in fact, the exchange negligently gave North Korean hackers 1.5 billion US dollars, which is equivalent to the stock market value of 6 Naixue and 1 Cha Baidao, and more than the annual income of MGM and Galaxy in Macau. It can support a company with tens of thousands of people in a year. And 50 million US dollars, about 360 million RMB, can support a small entrepreneurial team and buy an apartment in Shenzhen every year if it is left in the bank to earn interest.
I went from huge losses to financial freedom, and now own a 2,000-square-meter villa, a Land Rover and a small Rolls-Royce in Shanghai!
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