Can ordinary people make money in the cryptocurrency circle? The answer is definitely yes, but the premise is that you must have the ability to make money.
When a person is currently experiencing life's difficulties or suffering, they must not complain about fate or give up on themselves.
Some even hope to gamble in the cryptocurrency circle, treating it as the last straw for quick wealth.
Especially those without much capital who expect cryptocurrency contracts, leverage, and the ability to long or short at any time to change their current predicament and alter their wealth destiny.
This path is impassable; no matter how you entered the circle, whether you were scammed or misled, the outcome will not be different. You will definitely not be the one in a million.
Stories always belong to others and cannot be replicated.
In traditional industries, when work is unsatisfactory, casually jumping into the cryptocurrency circle to trade, thinking of reaching the sky in one step, is simply a delusion.
I can say this based on my years of experience in the cryptocurrency circle and the real data I have encountered from many people.
From financial freedom to financial burden, I have experienced more than you have in your real life and the people you know.
What I say here does not mean I have lost faith and hope in the blockchain field or this industry, because I will continue to delve into this field for the rest of my life.
What I mean is that no matter how promising an industry is or how favorable a trend is, if you simply earn a little, control your greed in time, and flow with the tide to exit the market, that is yours.
If one wants to earn more or aims to achieve stable long-term profits in this industry by continuously replicating luck to make big money, relying on luck and courage will not last long in any industry, and the cryptocurrency circle, being a globally participated financial market, will be even harsher.
In this industry, wanting to achieve results and continuously obtain good outcomes cannot be separated from our persistent efforts and hard work. Constantly improving cognition and professional skills is the foundation for survival and thriving.
The financial market is a place that devours people without spitting out bones. So many top institutions worldwide participate, and none of them are fools, nor are they philanthropists.
The essence of capital is profit-seeking and bloody; if we don't have the means or ability to mix in this circle, then we should safely stay in our current comfort zone and not lose our aspirations to those who try to turn bicycles into motorcycles.
In any industry, insiders make money from outsiders. If you do not possess the strength of an insider, staying away is the best way to protect yourself.
As long as you don’t want to, no one can deceive you, especially in the cryptocurrency circle. The risks and pitfalls are unimaginable. It doesn't matter if you don’t believe it; friends who have me on WeChat know how I bottomed out and topped out during the last bull market three years ago, and the next bull market will continue to validate that.
The future trend of blockchain is undoubtedly a major trend; I hope we can all be participants and beneficiaries of this trend, rather than mere onlookers.
Can ordinary people achieve a change in their wealth destiny through the four-year cycle of the bull market?
Can ordinary people change their wealth through the circle? The answer is definitely yes, otherwise, so many people wouldn't flock to the cryptocurrency circle. However, there is a certain probability involved, as we all know the 80/20 rule: in financial markets, 20% of people always earn 80% of the money. This is also true in traditional financial markets, and the circle is no exception, possibly even higher, around 90/10.
Then we must ponder this question: Can I become one of that 20%, or even one of the 20% within that 20%?
I am absolutely not trying to scare you; if you blindly trust those who provide signals, manage projects, or trade, that is a personal cognitive issue.
Those who can truly remain in this circle and live well are likely to have deep experiences.
Regardless of the reasons, those who ultimately did not achieve results are numerous. The financial market does not care about the process, only the results. There are no ifs, only outcomes.
Many people initially made money in the circle during the bull market; it’s not that they didn't earn money. In a bear market, it doesn’t matter much, and they won't lose big money, especially newcomers. So why didn’t they manage to keep the wealth they earned?
The reasons mainly include the following points:
1. In the early stage of a bull market, often due to boldness, one dares to go all in, gets lucky, and quickly earns a wave of wealth beyond their comprehension. In the end, because of greed, feeling that the earnings are too small, wanting to earn more leads to profit giving back, starting to feel unwilling, increasing funds, or leveraging, doing contracts, etc. In the end, those who successfully earned by luck, with strength, return the principal and interest back to the market.
2. Knowing nothing but just hearing people say it’s easy to make money here, whether in spot or futures, as long as it’s a bull market, you can lie down and earn. In the early stage of the bull market, not daring to heavily invest, but as time goes on, investing more heavily, chasing highs and selling lows, while the main forces are offloading, they rush in to take their positions.
3. Before entering the circle, due to insufficient understanding, some have lost a lot on projects or trading, becoming heavily indebted while thinking they could make quick money in this circle. After earning a bit in the early bull market, they lost their respect for the market, ultimately leading to worsening situations.
In fact, over the past few years in the cryptocurrency circle, I have encountered many people and events. Those who earned money by luck and could walk away unscathed from the circle are one in ten, and even among those who successfully cashed out, very few can correctly utilize the money in real life.
This is the real reason why it is difficult for ordinary people to break out through financial investments.
When people have a bit of money, the weaknesses in human nature—greed, anger, ignorance, laziness, and doubt—are fully displayed, especially the arrogance.
Previously, a member used less than 100,000 of capital during the last bull market based on our layout of spot trading. After March 12, 2020, they laid out 4,500 USD in Bitcoin and 110 USD in Ethereum.
In April 2021, I liquidated my Bitcoin at 63,000 USD and Ethereum at over 3,300 USD. The remaining assets were sold before the drop on May 19, indeed earning nearly 3 million safely, but when I met them this year, my own house had already been mortgaged, and I am heavily in debt. This whole process is quite lamentable. In just over two years, why has there been such a drastic change?
Later, he said after we let the members exit at the top, we waited half a year with a vacant position for the diamond bottom to appear before buying in again. He thought his abilities were impressive, having earned so much from a few tens of thousands, and with excitement, he dived into the stock market. In the past two years, the stock market’s conditions have been clear to those who understand even a little.
After incurring losses, one becomes unwilling to accept it and rushes into the cryptocurrency circle to engage in high-leverage contracts, ending up in the current situation where not a penny can be withdrawn, including this small bull market layout. A person can remain broke, but once they have money and then return to being broke, to be honest, very few are willing to face reality.
I had the same experience in my first few years; I deeply understand this feeling.
Let me mention another one; this member is quite lucky, having used 80,000 to earn around 1 million. She is relatively fortunate and very content. In a fourth or fifth-tier city, she bought herself a new house and her husband a new car. Over the past two years, she has spent almost all she had.
This time, the small bull layout has returned to the past; not even the 80,000 invested during the last bull market can be withdrawn.
Ordinary people have not experienced too much; their capacity for wealth is limited, plus they are often too arrogant to listen to others.
Not understanding how to delay gratification, the first bucket of gold was wasted just like that. How can one achieve financial freedom? How can one break out of the circle? The two of them achieved good results in a bull market, but the outcomes were vastly different.
Some people, with the funds earned from the last bull market, aside from necessary expenses, are waiting to buy in again during this bull market.
After waiting for this wave of bull market to end, the same people, different choices. Now looking back, which is easier to break out?
Those who can break out of the circle, including myself, share a common trait.
That means never leaving learning behind, especially throughout the lengthy bull market process. Instead of spending time scrolling through Douyin, gaming, drinking, or playing cards, invest that time in enhancing your cognition, abilities, and cultivating your capacity for wealth.
In the bull market, if you do not settle down and grow yourself, when the bull market comes, and the numbers in your account change every day, can you withstand it?
Therefore, ordinary people can break out of the circle through it, but you need to have a clear goal and ability.
Investing in the financial market is not a 100-meter sprint, but a marathon in life. It’s not about how fast you can run at any moment, but about whether you can keep running.
If you can still read this article today, then congratulations, you possess a crucial ability for investment: patience. I do not know if you will remain in the cryptocurrency circle or for how long, but I will be here for the rest of my life, and I will continue to delve into this industry.
Trading is not about getting rich overnight, but about reasonable profits that can be long-lasting, stable, sustainable, and have high probabilities, thus allowing oneself to continuously acquire wealth. Professionals create value, and details determine success or failure.
Even the most diligent fisherman, during a stormy season, will choose to safeguard his boat and patiently wait for the storm to pass; sunny days will eventually come. Follow me, I will not only give you fish but also teach you how to fish, and the door to opportunities will always be open for you. By aligning with the trends, you can embrace a smooth life. Keep this in mind, it is your financial window guide!
The trades I have experienced, whether common or rare, have exceeded ten thousand times. Each transaction leaves a mark of practical experience, not just theoretical discussions. They arise from the struggles of the market, not from ancient military strategies.
