How to become one of the few who make money:
1: In the world of investment, most people often find it difficult to escape the fate of losses, and only a few people can laugh to the end. If you lack professional investment knowledge, then you may be the majority eliminated by the market, because investment is always accompanied by risks.
2: It is difficult for most investors to surpass Bitcoin in terms of returns, and only a few can barely do it. If you are not an investor with keen insight, it may not be wise to chase hot currencies. Stick to mainstream currencies such as Bitcoin and Ethereum, hold them for a long time, and eventually you may find that you have surpassed most people.
3: Most people's understanding of cryptocurrencies is limited to the surface, and only a few people can really master the operating rules of the currency circle. Many people have only a superficial understanding of blockchain technology, but they want to get a share of the market. If you want to succeed in investment, you first need to improve your knowledge and cognition, which will directly affect your investment results.
4: There are many short-term traders, but only a few can really profit from them. For most people, frequent trading often means heading towards financial crisis. . If you are not a short-term trading expert, it is best not to try it easily. Instead, you should focus on value investment, wait patiently for the market to pick up, and then transfer your assets to those who are willing to take over at the right time.
The 80/20 rule is ubiquitous in nature and society, and it also applies to the cryptocurrency circle. A few people earn the wealth of most people, which is the iron law of the market. It embodies the "Matthew effect" and reveals a cruel reality; in the development of human society, unfairness is an objective existence.
The 80/20 rule is a reality that everyone must face. We cannot change this law, but we can choose: whether to accept being mediocre like most people, or to strive to become the minority of successful people.
