Can you really get rich overnight in the cryptocurrency world?
Yes, there are indeed opportunities to get rich overnight in the cryptocurrency world, but how many can actually seize that opportunity? Take today as an example: if you bought 5 ETH at around 2200 and then it skyrocketed to 2490, you would make a profit of nearly 1500 USD, which is over 10,000 RMB, enough to earn a typical person's monthly salary in just one morning.
But in reality, you would likely close your position around 2250, because it has already surged, and you have made a profit, so you cash in for security, but the subsequent surge is no longer related to you.
In another scenario, you are constantly monitoring the market and holding on, thinking you can time your exit for a profit. So, during a pullback, you continuously add to your position. When it rises to 2400, you are already up 2000 USD, and your position has increased to 20 ETH. Then suddenly, ETH surges to 2490, and you add another 10 ETH. However, the price quickly falls back, and your profits evaporate, but you still firmly hold on. You secretly decide to exit when it hits 2500. After a quick drop, it stabilizes around 2400, and you breathe a sigh of relief, watching the market in a daze, fantasizing about further surges. But the situation quickly changes, and the price starts to drop again. You start to panic, wondering if you should reduce your position, but the sudden rebound during the drop makes you think it's a false signal. However, the price gradually declines to your average entry point, and you can’t hold back any longer, but it’s too late, and you ultimately get liquidated.
The path to wealth you think you have:
Buy low → Skyrocket → Sell high → Financial freedom
The actual path for 99% of people:
Chase the rise → Crash → Cut losses → Chase again → Borrow → Liquidation → Debt
The reason is simple:
To ambush before the surge, you need to study the project for 2 years in advance (most people just follow the trend); during the surge, 99% of people are too afraid to sell, always wanting "a little more rise" (only to get stuck); during the crash, 90% choose to hold on until it goes to zero (reference LUNA, which dropped 99.9% overnight). The people who get rich in the crypto world are those who:
Research the asset thoroughly during the crash → Buy when no one is paying attention → Lock in strategies → Exchange time for space.
If you can't do any of these, you won't hold onto gains during a rise, and you'll hold even less during a drop. For you, the crypto world is just a machine that shreds human nature.
Final piece of advice:
The crypto world is a mirror to reveal your true self—it is actually a "humanity ATM".
