The cryptocurrency industry allows for both small bets to yield large returns and large bets to yield even larger returns, but the methods for both are completely different.
For large bets, you only need to focus on BTC; in one cycle you can earn about three times your investment. If you have 10 million, you can earn 30 million!
For small bets, I have always recommended investing small amounts in altcoins!
99.9% of all the industries in the cryptocurrency space—communities, media, institutions, exchanges, and project teams—are centered around the theme of altcoins.
Whether you look down on altcoins or have any biases against them, the opportunities for altcoins to rise tenfold or a hundredfold are indeed real. Investing small amounts in Bitcoin will at most yield a fivefold return, which is not very meaningful.
Altcoins, especially fundamentally sound altcoins with a market cap below 300 million, often experience significant price increases. Identify the right opportunities to invest heavily in these altcoins that are about to surge, and then wait patiently for the returns, while implementing strict stop-loss measures. It is quite normal for a 10,000 investment to multiply by tens of times.
If you have ambitions, this space won't give you too much time, at most two cycles. Within five years, the cryptocurrency space will undergo further reshuffling, becoming less retail-driven, more stock-like, financialized, and class-solidified, evolving into a digital financial world parallel to traditional finance.
Whether you are betting small or large!
1. The market always has uncertainties. Uncertainty brings opportunities and excess returns.
2. Do not be blindly optimistic, nor excessively pessimistic. View cyclical fluctuations rationally; do not act emotionally.
3. Understand the market's greed cycle and panic cycle. Trends will eventually reverse, and cycles will return.
4. Do not strive to outperform the market every year. Maintain defense during volatile periods, and a bull market will naturally emerge.
5. The most important thing in a bull market is to not be greedy when taking profits; in a bear market, the most important thing is to not be afraid to build positions. Trust in value and trends.
6. Long-term success relies on the right systematic strategies, not luck!
7. Good position management is essential, while selecting the right coins is even more important.
8. Capital management determines whether you can survive until the end. Control risks to seize future opportunities.
9. Maintain respect for the market, continuously learn, and improve yourself. The market is always the teacher, and investors are always the students.
10. Now is the time to move bricks if you need to, to manage cash flow if necessary, and to dollar-cost average if you're set on that; prepare your bullets, and when the opportunity arises, buy the dip!
