A friend in the group shared a wealth password, but I refused it
Today, a friend in the group shared a wealth password with me,
It was
#solana , a meme on-chain, saying that if you buy in, you can double your money,
He sent screenshots of the token trend and the contract address,
I thanked him for his kindness and closed the chat window.
It’s not that I don’t want to make money,
It’s that I understand what kind of money I can make, and what kind I can’t.
In the first few years after I entered the crypto space, I also followed along and bought shitcoins,
In the end, without exception, they all went to zero,
Leaving behind hundreds of millions of worthless tokens, lying in my wallet as souvenirs.
I know some battle-tested
#MEME old players,
Watching the chart and trend, and leaving in time as soon as something feels off,
They have also sold too early on golden dogs, and once caught explosive gains,
But more often than not, the tokens they bought still went to zero.
After losing money on Meme coins,
I also understood my own technical shortcomings,
Not being able to watch the market closely or react fast enough, and not daring to take risks,
By the time I see a token starting to pump, it’s already when others are preparing to exit,
Even if the project is still at an early stage,
I’m still worried about losses and dare not put in too much; even if it doubles, I still won’t make much money,
If you’re not good at something, don’t force it; if you can’t handle it, take the initiative to avoid it,
As long as you don’t lose your principal, there will still be other opportunities.
The way the crypto market works has always been changing,
Airdrops are getting harder and harder to farm, and altcoin cycles are getting shorter and shorter,
Meme battles are becoming more and more intense,
In the past, by relying on information asymmetry and entering early, you could get decent returns,
Now, you not only need to understand the narrative, watch the capital flow, and study on-chain data,
You also have to compete with more professional players,
Even if you do all the homework, it doesn’t mean you’ll necessarily make money.
Information asymmetry is getting smaller and competition is getting fiercer,
The barrier for ordinary players to make money is getting higher and higher.
What you think is a wealth password may just be the chips someone else is preparing to dump after making a profit.
$BTC when it falls, you worry it will keep dropping; when it rises, you fear missing out,
High-risk small-cap coins are an even greater test of judgment, execution, and luck.
The market never lacks stories of making money,
But behind each story, there are countless losses that were never told.
My current style is restrained,
#定投BTC I don’t participate in strategies I don’t understand, and I don’t take unnecessary risks,
I won’t blindly follow others just because they are making money; I protect my principal and wait for opportunities I can understand.
After all, there will always be another game in the market,
But the premise is that we are still at the table.
#币圈