Cognition Determines Everything
The cryptocurrency world is a place that makes the rich richer and the poor poorer, with not so many myths of sudden wealth. The reason lies in the starkly different choices and behavior patterns of the rich and the poor:
Why the Rich Always Profit
The rich have 100 million in capital and only invest in mainstream spot assets. Through steady operations, each time they earn a profit of 20%, they can easily gain 20 million. If the market fluctuates, they have enough capital to patiently wait, unaffected by short-term fluctuations.
The Trap of the Poor
The poor only have 100,000 in capital; to earn 20% would only yield 20,000, which is far from meeting their living needs. Therefore, they have to take risks:
Leveraged Trading: Using 100,000 to leverage 1 million, aiming for a 20% profit target to pursue 200,000 in earnings. However, high leverage also brings the risk of liquidation, and most people end up losing everything.
Betting on High-Risk Projects: Hoping for high-risk projects to achieve significant gains. But the success rate of such projects is extremely low, and almost all participants end in loss.
The Real Opportunity: Stick to Mainstream Spot Assets
In the cryptocurrency world, investing in mainstream spot assets is the only sustainable way to profit. As long as one holds patiently and utilizes compound growth, there is no need for large investments to achieve substantial returns.
The Way of Trading: Control Desire
The key to success lies in controlling desire and emotions, cultivating good trading habits. How much one earns is not important; what matters is maintaining rationality and patience, which is the way to long-term success.
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