When you see darkness everywhere on the internet, the real world is even darker. Xin Youzhi's Xin Xuan cotton pad testing revealed extremely high levels of carcinogens, having sold 3.33 billion yuan over 8 years.
When I was earning a monthly salary of 6,000, I often browsed Zhihu posts asking what it feels like to have 100,000 in savings. After I saved 100,000, I started looking up what it feels like to have 500,000. After reaching 500,000, I was curious about what it feels like to have 1 million. Now that my trading savings have reached 1 million, my biggest thought is, when can I reach 2 million?
Why do I say there must be a season for altcoins? Reason 1: In the later stages of a bull market, Bitcoin (BTC) no longer generates wealth effects, and later funds will choose altcoins. Reason 2: In the later stages of a bull market, project parties pump altcoins to exchange for your Bitcoin (BTC) because Bitcoin (BTC) is easier to cash out. Reason 3: A bull market ends in madness, and madness must be the madness of altcoins. Reason 4: Pumping Bitcoin (BTC) allows retail investors to enter, while pumping altcoins prevents retail investors from exiting.
Getting rich overnight in the cryptocurrency world is not rare. Some rely on contracts, some rely on token issuance, etc. It is actually not difficult to make money in the cryptocurrency world, and the reason many do not earn is mostly a psychological issue, being both fearful and greedy.
Technical aspect: A few familiar web3 technology practitioners around me are quite surprised; they seem to have very strong focus, and aside from the occasional late-night snack or meal gathering, they don't have many entertainment activities. However, they often talk about buying a house in a certain area of Shenzhen, buying a Maybach for family members, or spending a certain amount of money on a server, and so on.
Do not develop feelings for a particular cryptocurrency asset. If you fall in love with the asset you are trading, it can easily lead to poor decision-making. Excellent traders make money using efficiency and rules, giving themselves an advantage because most people’s trading behavior in the market is driven by emotions. "Be a trading machine without emotions" can ensure decisiveness and principle in trading. Many traders suffer heavy losses, an important reason being that they easily become emotionally attached to certain specific altcoins, teams, or projects. This may be acceptable for mid- to long-term investors, but for short-term traders, it poses a potential disaster.
It is worth mentioning that Binance and OKEx are the largest cryptocurrency exchanges globally and the most recognized trading platforms in the industry. It is recommended for beginners to stay away from smaller platforms to avoid financial risks. Remember to only buy mainstream coins and be aware that you bear the risks. With just a few tens of dollars, you can experience the depth of the cryptocurrency world; now is a bull market where investments can multiply several times in a day.
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 help you resolve confusion and stuck positions, speaking with strength. When you are lost and don't know what to do, follow Xiao O, who will point you in the right direction.