Bitcoin (BTC) is back above 100,000 USD. How can retail investors in the crypto space make money?
What kind of insights do we gain from investing in this financial market?
I have summarized three points:
First: Investing is a very cautious endeavor and a responsibility towards one's own wealth. It is closely related to oneself, and one is the primary responsible person for safeguarding their own finances. One should do what they are capable of. Is this track suitable for oneself?
Second: Once you have chosen this track, have you found the ability to achieve long-term, stable, and continuous profits? Have you found a trading system that suits you? If you have found it, are you willing to delve deep, master, refine, and enhance it so that you can outperform the vast majority of people?
Third: Where is your focus? Is it on wanting to make short-term profits and earn money? Or have you treated investing in the crypto market as a side job or even your main career for the rest of your life?
Different mindsets will inevitably lead to different results. It is impossible to achieve the same results as others who are fully committed with only one percent of your energy, time, and effort.
Once you understand the core underlying logic of achieving results in this field, you will have goals and strive tirelessly to achieve them.
You will no longer just follow others blindly but will focus entirely on enhancing your own capabilities, transforming yourself into an insider, becoming a qualified investor, ensuring you can make correct independent decisions, and making your future better day by day, creating a positive cycle in life.
The accumulation of wealth for anyone cannot happen overnight. We cannot take the hard-earned savings from traditional fields and venture into this unfamiliar market to speculate or even gamble.
Before making any decision, calm yourself down, overcome your own greed, and take a moment to ask yourself: do I really have the ability to make money in this market? If I want to make money, what is my basis?
If the answer is uncertain, then not acting is the best choice. Not acting will not lead to mistakes, and at least it will help preserve the wealth that you have worked hard to earn outside of this market.
