A fan came to share his investment experience. As a newcomer to the crypto world, he once put 150,000 to test the waters, and guess what happened? This money has now turned into 2 million! Even more impressive is that he earned 12 million in the last bull market! It's like winning the lottery!
His story starts in early 2020. At that time, he was a recent graduate, a post-95s young man working in e-commerce in Shenzhen. Although he could earn 20,000 to 30,000 a month, after expenses, he could only save a little over 10,000. Looking at the high housing prices in Shenzhen, he realized that with this salary, it would take ages to save enough for a down payment!
Fortunately, he later got into the crypto world. In this seemingly magical yet slightly scary realm, he saw the opportunity to make money with virtual currencies. So he gathered his courage and invested most of his savings in the digital currency market. He mainly bought Ethereum (ETH) and some Bitcoin (BTC), and also invested in some promising altcoins.
Amidst the market's ups and downs, even during the major crash on May 19, he wasn't scared off. Instead, he seized the opportunity to buy some promising altcoins. It turned out that this strategy really worked! When Bitcoin broke its historical high of 69,000 dollars in November 2021, his assets soared!
But he wasn't the type to be greedy. When he noticed that the market was starting to go wrong, he decisively cleared most of his positions. At that time, Bitcoin's price had already fallen to around 58,000, and Ethereum stabilized around 4,400. This decision was very wise! Most retail investors who still clung to their fantasies and wanted to earn more are now stuck.
After this bull market, he surprisingly had 12 million in his account! He quickly used 4 million for the down payment on a house in Shenzhen (after graduating, he also transferred his household registration to Shenzhen and had the qualification to buy a house after paying three years of social security), and then took out 2 million for daily expenses. What about the remaining 6 million? He left it in the exchange, preparing to wait for the next profitable opportunity.
I believe that making money in the crypto world depends on seizing opportunities, choosing the right projects, managing positions well, and taking care of your own money. Only in this way can one steadily make money amidst the ups and downs of the market, allowing their assets to grow.
Precise strikes, double the profits! Follow Brother Cheng, and wealth will come easily.
Continuously follow: SPK, FIDA
