Because of the effect of sudden wealth.


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In this circle, every so often, you hear about someone getting rich. The most popular before, Liangxi, shorted at 519 and made 20 million. Although life is tough now, he’s famous enough. The post-00s wealthy generation on Zhihu, and a high school student studying in the U.S., have all made big money. There’s also a female college student who shorted Luna and made 10 million. Bit King also made tens of millions. Previously famous Ma Deshui turned 10,000 into 5 million.

Additionally, other scattered individuals getting rich have attracted many people wanting to make a quick profit.

However, among those who play contracts, only less than one in a thousand can be stable. Don’t talk about how much you’ve made in the short term, or tenfold, hundredfold, etc.

With small funds, I've had experiences of a hundredfold within a certain period. The problem is that this does not contribute to asset appreciation.

Such people often feel that their capital is not much and can only rely on contracts to gamble, which is often the beginning of losses.

On the other hand, in an economic downturn and with class solidification, ordinary people have only a very high level of education to possibly enter the financial industry.

As for the stock market, it goes without saying; those who understand know.

For various reasons, everyone wants to trade cryptocurrencies and achieve sudden wealth through contracts.

Take out a year’s income, buy in the bear market, and sell in the bull market.

With good luck, earning tenfold in one cycle is equivalent to working for ten years.

Of course, after staying in the crypto world for a long time, many people look down on tenfold returns, thinking that they need to achieve hundredfold or thousandfold returns to be free.

In fact, earning tenfold in a cycle is already very good.

The reason it’s easy to make money in this market is that it relies on two things.

The first is volatility, and the second is the amount of capital.

If you have a few million, you just need to do asset allocation well, and you can steadily make money.

Most of the people who come to the crypto world are those without money.


Then you can only rely on volatility; with 20,000, investing in altcoin spot trading, a fivefold return means 100,000.


This is why we come to play in the crypto world: high volatility, high risk-reward ratio. As long as you pick the leading coins in each field, the probability of going to zero is very low. Losses can only be around 20,000, while gains can exceed 100,000.


The second is that the opponents are too weak; they are all inexperienced and eager to get rich quickly.

Thus, calm and rational individuals will become wealthy.

So, to make money with trading, you need to be a bit stronger than your opponents.

You can be calmer than your opponents, or you can have more patience than them. Those with more resources receive news faster than others. Be more disciplined than your opponents.

If you only came to the crypto world after seeing others getting rich, then your money will eventually end up in someone else's pocket.

Being slightly better than others in other industries means you can only earn a little more salary each month.

In the crypto world, other people's money will continuously flow into your pocket, allowing you to accumulate your first pot of gold.

You also need to consider two conditions.

First is your original capital, and second, how much money is considered financial freedom for you.

If your capital is 10,000 to 30,000, then after a bull market, earning 5 to 20 times is possible, and if you’re lucky, you can earn 50 times. In one cycle, being very lucky could earn you 1.5 million, but you might only earn 50,000. In short, you need two bull markets to possibly achieve financial freedom.

If your capital is 200,000 to 300,000, the same logic applies; in one cycle, with bad luck, you might end up with 1 million, and with good luck, 15 million.

Most people need to be at this level to achieve financial freedom.

According to the common saying, achieving financial freedom is quite difficult.

If your capital is low, you need at least two bull markets to achieve financial freedom; if you have more capital, one cycle may suffice.

Of course, there are also skilled traders who can make money regardless of bull or bear markets by profiting from volatility.


Have your own trading system, be steady and accumulate slowly.

Financial freedom is not that simple; it needs to be considered from personal ability, time, and capital.

If personal ability and capital are lacking, then you can only stretch the timeline.

If time is short, you can only rely on capital and ability to achieve it.

It's difficult to achieve financial freedom in any industry; it’s just that the crypto world has more opportunities and greater volatility.

I am Xiao O, a professional analyst and educator, a mentor and friend on your investment journey! As an analyst, the most basic thing is to help everyone make money. I will solve your confusion and problems with analysis. When you are lost and don’t know what to do, follow me, and I will point you in the right direction.