How can beginners in the cryptocurrency world earn their first bucket of gold?
Many novices enter the cryptocurrency world and immediately ask: How can I get rich quick? Yet very few ask: How can I avoid traps? They may say it doesn’t matter if they lose everything, but when it really happens, they panic.
In a bull market, everyone claims that making money is easy, but in a zero-sum game, every penny you earn is a loss for someone else. Do you want to be the crop or the sickle?
80% of losers:
Blindly going all in
Chasing highs and selling lows
Hoping to earn passively
20% of winners:
Learning real skills from the right circles
Spending 100 hours researching instead of going all in after 10 minutes
Understanding that opportunities come with waiting
Wake up! You devote 80% of your energy to work to earn a dead-end salary, yet you want to use only 10% of your attention to get rich in cryptocurrency?
Those who really make money treat trading as a profession to refine.
Remember three iron rules:
Practice with a simulation account for half a year before going live
Only invest spare money that you can afford to lose
Remember to cash out and buy property at the peak of the bull market
The most expensive tuition in the cryptocurrency world is not losses, but the cognitive gap validated with real money. Now, do you want to continue being fuel, or start building your own wealth engine?
If you want to make money in the cryptocurrency world, having a strategy is just one aspect, strict execution is also necessary. Follow Yi'an!