I currently own a house and a car in Shenzhen, but I don’t have any extravagant consumption, and most of my assets are in the exchange.
I used to do e-commerce in Shenzhen, with a monthly income of 20,000 to 30,000 yuan, a monthly expenditure of more than 10,000 yuan, and a monthly savings of 10,000 to 20,000 yuan. At that time, I met many "Shenzhen
Like the "drifters", I also want to buy a house in Shenzhen.
However, with this income level, it is hard to say when you can save for a down payment. There is a bottleneck in your income from work, and it is difficult to increase your salary.
It was not until I came into contact with the cryptocurrency world that I discovered that I could actually use the leverage of virtual currency to multiply my assets several times!
I was lucky. I entered the cryptocurrency circle at the beginning of the bull market. I used most of my savings to invest in digital currencies.
Buy ETH, plus a small amount of BTC
, and some miscellaneous altcoins.
I took out 4 million yuan for the down payment and bought a house in Shenzhen (I transferred my household registration to Shenzhen after graduation, and I was eligible to buy a house after paying social security for three years).
It is now used for daily use, and the remaining 6 million is kept in the exchange.
My life now:
Driving a luxury car, meeting up with girlfriends, living in a luxury house. Seeing the newbies in the group talking about which one to buy, how many times to open, and occasionally posting screenshots of their earnings. The assets in several accounts are tens of millions, which will be envied by the newbies in the cryptocurrency circle group.
When I go out, I always stay in high-end hotels that cost around 2,000 yuan. My suitcases and hats may all have cryptocurrency symbols on them. It is much more comfortable than the older generation who work in industry or the post-80s generation who work in e-commerce. I have almost never experienced business that involves arguing with people, so I have fewer worries.
It is enough to spend 1 million a year. After four years, the assets will increase by 5-10 times. How does it feel to spend more and more? It is just like the protagonist in the movie "The Richest Tomato". Today I am in Beijing, tomorrow I am in Hainan, the day after tomorrow I am in Xiamen, and the day after tomorrow I may go to Bali. I can go wherever I want. Wherever there is a concert, the plane will whiz there. Wherever there is something fun and new, I will go to play when I am in a good mood. If I am in a bad mood, I will play games, play golf, and make a video with friends. This is my daily routine. Having money is an extremely happy thing. Please forgive my vulgar wording. I can say that as long as you have money, you will feel that the world belongs to you.
Your heart will become kind, tolerant, and calm. You will suddenly let go of things that you usually care about, and you will hardly take them to heart. You will become very humble, and you will not mind what others say. You feel like you are in another life form. Your way of looking at the world, looking at people, people and things, and the relationship between people and the world are completely different from others. When you reach this level, there is nothing you can't see clearly. The only thing that can make you suffer is illness, nothing else.
You will never be sad because of what others say about you, nor will you be upset because your girlfriend wants to quarrel with you, you will never be upset about emotional problems, nor will you worry about next month's mortgage or your future at work. I am not advocating moneyism, I am just talking about the mentality of the rich in the cryptocurrency circle. The state of being rich in the cryptocurrency circle is different from that of other rich people.
If you want to achieve stable profits, you must keep these ten rules in mind!
1. Don't let floating profit turn into loss. Once there is more than three points of floating profit, set a protective stop loss near the opening price, and never lose the principal. In the currency circle, it is easy to rise by more than three points, especially for small cottages. At this time, you can slightly enlarge your stop profit position, and you can take the method of moving stop profit, and do a protective stop loss by the way. Especially in a bear market, frequent stop profit is a must, only in this way can you protect your profits from being taken away. Normal people can't stand the original floating profit state. They were originally happy and had already started thinking about what they would do with the profit money and what to buy. As a result, not long after, the floating profit turned into a floating loss. It felt like heaven and hell. People with weak psychology can't stand it. Emotions are easily affected, which will affect your decision-making and decision-making ability, and induce you to make some stupid decisions. When you wake up, you find that the account funds are basically sober, and you regret it.
2. Don't make a small profit and a big loss! Just like playing baccarat, I went up today and won 500 yuan with 100 or 200 chips. I was satisfied and retreated. The next day I won 500 again, and I retreated again, feeling happy. On the third day, it was not so smooth. I went up and lost 500. I was unwilling to give up and continued to gamble. I wanted to get my money back in one hand. I bet 500, but I was wrong and lost 1000. All the profits of the previous two days were gone. Then I was unwilling to give up and continued to gamble. I threw 500 chips and 1000 chips at random, and ended up losing 10,000. This is a typical case of winning an egg with one win and losing a chicken with one loss. 2. Embrace the trend and follow the trend. The buying price is not the lower the better, but the more appropriate the better. You will not gain an advantage because the buying price is cheap, because there is no bottom in the decline. Give up the junk coins and the trend is king.
3. In fact, in the speculative market, being flexible is the most wrong approach. Use your own fixed trading system and keep the same in the trading system. I am not afraid of you using 10,000 methods, but I am afraid that you use one method 10,000 times. Not moving is the best defense. Often, when you are most reluctant, you make the most mistakes. You should seriously understand this sentence!
4. Patience is the foundation of making money. You may have to study for a long time and be cheated countless times before you know what the cryptocurrency world is like. It’s okay. Cherish every experience of being cheated. These are the lessons you should learn on the road to investment.
5. The price of the currency has entered a stable upward channel. Each callback is a temporary stop, which is a good opportunity for us to get on the train. There is no currency that keeps rising. The callback is like a spring compression, in order to jump higher. 6. The bottom judged by humans is basically not the bottom, but the middle of the mountain. The formation of the real bottom depends on emotions and funds. So don't blindly buy the bottom. Often 9 out of 10 copies are trapped.
7. When the order is profitable, you can close the position when it reaches your psychological point, and don't think about taking all the profits. At the same time, you should also pay attention to the control of positions and leverage. You should learn to strictly control the positions according to the leverage of the products you make and your own funds.
8. Use moving averages: Short-term operations generally refer to the five-day, ten-day, and twenty-day moving averages. When the five-day moving average crosses the ten-day and twenty-day moving averages, and the ten-day moving average crosses the twenty-day moving average, it is called a golden cross, which is a good time to buy. Otherwise, it is called a dead cross, which is a good time to sell.
9. If you don’t have the right mentality for cryptocurrency trading, you may lose everything even if you have tens of millions. Cryptocurrency trading is all about mentality. Cryptocurrency trading is a psychological game, a competition of intelligence among millions of people, and a fierce psychological warfare.
10. Finally, of course, you should learn more about cryptocurrency investment knowledge, enrich yourself, and make a summary every day. As the saying goes, practice is the only criterion for testing truth. Only after a large number of real transactions can you truly get started in cryptocurrency trading.