Legendary trader James Wynn has finally come to an end; he has lost all the more than 80 million dollars in profits earned through high leverage, and since yesterday, has begun to lose more than 10 million dollars in capital, now only 4 million remains. Can he make a comeback? I think his only way is to continue gambling. I always hoped he could make money, just like when I watched a prize challenge show as a child, always hoping the challenger could win the final grand prize. But I know that prize challenges have an endpoint, while leveraged contract gambling has no end; if you don't withdraw in time, you will eventually become fuel for the market. His obsession is to earn 100 million dollars; in fact, what difference does it make between 80 million and 100 million? You can hardly spend it all. It is difficult for ordinary people to understand the obsession in his heart. The holy grail of speculation is not so easily obtained.

"Wanting to get rich" and "thinking about getting rich" are two completely different states.
"Wanting to get rich" is a common human desire, a wish to become wealthy through legitimate means.
"Thinking about getting rich" is a behavioral pattern, trying to get rich quickly through various means of sudden wealth.
A single character difference leads to vastly different outcomes.

"Thinking about getting rich" cannot be achieved through effort alone; you can only wait for the perfect alignment of market conditions, investment targets, and trading strategies. In this process, effort is completely useless, and the harder you try, the worse the results may be.
Most people lose money because they are "thinking about getting rich", always trying to seize opportunities from black swan events in the market. But the positive black swan that belongs to you is a random event; every proactive attack has a huge cost and will quickly deplete your capital. It is better to patiently wait for opportunities.
This is called "do your best and wait for fate". Fate is not up to you; if it doesn't come this time, you can only wait for the next time, but you must retain the qualification to continue participating.

"Wanting to get rich" is achieved through repeated positive accumulation, each time requiring patience to wait:
For example, investing in Bitcoin with dollar-cost averaging for four years, usually the market will not guide you, only in the final phase will you have the opportunity to dance with the market, calmly accepting profits, and a cycle may yield around three times the profit.
For example, dollar-cost averaging in leading altcoins must be done gradually during a quiet market, and when the market experiences a small boom, one can earn 50-100% and take profits, or hold until the peak of a bull market to exit with five times the profit.

The current ways to make money in the cryptocurrency circle can be divided into two categories:
Non-gambling: DeFi mining, new listings on exchanges, on-chain arbitrage, airdrop harvesting, etc.
Gambling: Trading (grid, swing, trend, etc.)
Making money is an accumulation process, which may seem slow and is often looked down upon by many, but it can be quite significant when accumulated. Even with a capital of only 100,000, if you use every bit of funding wisely, you could have 500,000 after a year.

For example, the first event of Virtual, turning 10,000 into 2 million is a real occurrence (although I personally missed it).
For example, UniChain's early activities had an annualized return of 2000%, and now it is still at 70%. If you have USDT, you can earn low-risk liquidity rewards. These are all simple and easy ways to make money; practicing a few times will help you understand. If you don't know how, just pay to consult professionals.

Regarding the payment issue, someone left a message yesterday:
"Payment is completely unnecessary; just use a VPN to access X, there are plenty of free tutorials, almost hand-holding teaching."
He is right; knowledge about making money in the cryptocurrency circle can be found online. Broadly speaking, all human knowledge is public; even papers on building airplanes and rockets can be downloaded.

But I want to say: knowledge itself is not valuable; it is valuable to monetize knowledge. Those with monetization experience have valuable time because they can replicate successful experiences. This is a matter of values:
I think paying for knowledge is getting a bargain.
Some believe paying is just being taken advantage of.
Others think that paying means you must make money; otherwise, it's being taken advantage of.
Ultimately, this mindset is not suitable for the cryptocurrency circle; it is a worker mentality—if I work today, I must receive a salary. But investing is different; investing time and money may lead to total loss. Differences in foundational thinking lead to differences in values.

If you don't have money, spend more time honing your skills; if you have money, try to spend it to buy experience, even if it may cost you, you can always gain some experience, which would cost you more to figure out on your own. For example, I learned the concept of dollar-cost averaging by spending 20,000. Many say anyone can do dollar-cost averaging, but when I teach my friends for free, not a single one has succeeded. But I did it, perhaps because I foolishly spent 20,000 to learn dollar-cost averaging. Foolishness doesn’t matter; what matters is achieving results. I am results-oriented, not concerned with whether others are taking advantage of me or making money from me; I am not swayed by emotions, only focused on my own goals.

Last time I shared resources with someone, their first reaction was: "You just want me to use your invitation code; you have an agenda." I was speechless. Adults should consider interests more and get less entangled in emotions. When you start to consider your own interests, your thinking becomes enlightened and mature.

If the paid course is too expensive, can we share the cost? Would that be unethical? I don't have these hollow thoughts; I only care about whether the goal can be achieved. Effectiveness is the most important; if the effect is poor, then my thinking is the problem that needs to be corrected. This is how I think.

In the cryptocurrency circle:
"Thinking about getting rich" is very difficult to succeed.
"Wanting to get rich" slowly accumulates and surely can lead to continuous profits.


#币安钱包TGE #币安八周年 #马斯克计划成立美国党
Continuous attention:$BTC $ETH $BNB