Today, I discussed a question with friends: how can one make a lot of money in the crypto space? The 'lot of money' referred to here should be at least over 100 million.
The only factor that determines whether one can make a lot of money is courage. Courage is one of the essential elements for making big money. If you want to make more than 100 million, you must have this mindset and understanding; technical skills play almost no role here. This mindset requires you to absolutely not take money seriously, which is incredibly difficult for most of us. When you have several tens of millions, a 20% drawdown means five to six million, which seems like a huge loss for someone who just became wealthy and is hard to bear.
Only when you can accept this calmly does the possibility of continued appreciation of your funds exist; otherwise, you can only be stagnant. For example, there's someone referred to as a small player in the crypto space, who previously held 170 million in funds and ended up with only 2.6 million after holding onto a long position until the end. This is someone who completely doesn't take money seriously, which is why he has the potential to become wealthy. If it were someone else, even me, experiencing a fall from heaven to hell, I would have collapsed long ago. The reason he doesn't care is that he still has several hundred million, and he comes from a very wealthy family.
There are very few people who can not take money seriously when they don't have any; Liangxi is one of them, and he truly has a talent in this regard.
Many people fail to make big money in the crypto space because they start off with a lot of courage but then begin to incur losses. The more they lose, the less courageous they become. In such cases, there is basically no hope; forget about making big money, even making a little money becomes extremely difficult.
@区块鲸鱼 👈 Sharing wealth secrets daily, welcome to observe
