It is impossible to get rich overnight by investing in the cryptocurrency world. However, if you choose the right cryptocurrency, you still have a chance to get rich in 3-6 months.

But, will you be the one who gets rich overnight? I don’t know.

Today, let’s talk about two real myths of getting rich quickly in the cryptocurrency world:

1. In 2017, a milkman invested 60,000 yuan in digital currency and made 20 million yuan in half a year

2017 was the craziest year for the digital currency market, as the total market value of digital currencies increased by 35 times. There were hundreds of coins that increased by 100 times, dozens of coins that increased by 1,000 times, 4 coins that increased by 10,000 times, and many coins that increased by several times or even dozens of times.

In 2017, if you just bought the top ten currencies by market value with your eyes closed, you could still make hundreds of times the profit.

Does it sound tempting? In 2017, a young man who delivered milk encountered the surge in the value of digital currency. He decisively took out 60,000 yuan of savings and invested in digital currency. He was extremely lucky. Almost everything he bought went up in value. Later, he even increased leverage and went long. In less than 6 months, he made more than 20 million yuan and achieved financial freedom in just half a year.

So he cashed out, bought a villa, and a luxury car. He was really successful and a complete winner in life.

Unfortunately, in 2018, the cryptocurrency market plummeted and the cryptocurrency market was bleak. He suffered heavy losses at the beginning, but he did not realize that the cryptocurrency market had collapsed and entered a downward cycle. He also fantasized about increasing leverage and winning back the losses. Unfortunately, things did not go as he wished, and in less than half a year, all the funds in the market were lost. Later, he sold his luxury car and villa to try to make a comeback. This time, the god of luck did not favor him, and he lost all his money again.

In 2017, it took only half a year to go from grassroots to multi-millionaire.

In 2018, it took less than half a year for him to go from being a multi-millionaire to having almost nothing.

In just one year, his life experienced great ups and downs, and his dream of becoming a multi-millionaire was like a flash in the pan for him.

This is a true story in the cryptocurrency circle in 2017 and 2018. A cryptocurrency friend in the group said that the milkman only had 2 million left. He said he used leverage to win it all back, but he lost almost all of it and left the group. There was no news about him afterwards.

2. Zhao Changpeng, the founder of Binance, went from being an unknown person to the richest Chinese in just four years

Zhao Changpeng was born in Lianyungang, Jiangsu in 1977. He immigrated to Ottawa, Canada with his family at the age of 18. He graduated from McGill University in Montreal, Canada with a degree in computer science.

After graduating from university, Zhao Changpeng was not satisfied with the status quo. He gave up his stable job and life and decided to enter the field of science and technology. With his talent, he quickly emerged in the computer field.

In 2013, Zhao Changpeng became interested in cryptocurrency after a discussion about a poker game. He was exposed to virtual currency and developed a great interest in digital currency. From then on, he became obsessed with it and acquired a large amount of Bitcoin.

In July 2017, Zhao Changpeng founded Binance (a cryptocurrency exchange) in the Cayman Islands, known as a "tax haven," and became the richest man in cryptocurrency in just half a year.

In May 2018, Zhao Changpeng was worth US$1.39 billion, and his net worth skyrocketed by more than 4,000 times in just 10 months.

In the second half of 2018, in just one year, Binance became the world's largest cryptocurrency exchange.

In December 2021, Zhao Changpeng's net worth reached 90 billion U.S. dollars (573.3 billion yuan), surpassing the former richest man, Zhong Shanshan, chairman of Nongfu Spring, to become the richest Chinese and one of the top 10 richest people in the world. Although the cryptocurrency market has plummeted, his net worth is still nearly 50 billion U.S. dollars.

The richest person in the cryptocurrency world, Zhao Changpeng (former richest person among Chinese people)

Zhao Changpeng became a 100 billionaire and the richest Chinese in just 4 years, relying on his skills, courage and vision. Of course, there is also a certain amount of luck.

【Bitcoin investment opportunities】

Bitcoin has skyrocketed nearly 25 million times since its birth

When Bitcoin was first created in 2008, it had almost no value. In 2009, the price of Bitcoin was only $0.0008. Since 2009, as the price of Bitcoin has reached new highs every four years, it is also called a four-year bull market cycle in the cryptocurrency circle.

In November 2013, the price of Bitcoin reached a high of US$1,200 (approximately RMB 8,000), a 1.5 million-fold increase from 2009.

In December 2017, the price of Bitcoin reached a high of US$20,000 (approximately RMB 120,000), a 200-fold increase from its lowest point in 2014.

In November 2021, the price of Bitcoin reached a high of nearly US$60,000 (approximately RMB 410,000), a 20-fold increase from the lowest point in 2019, the highest point of Bitcoin so far.

On October 19, 2023, the price of Bitcoin is $28,000 (about RMB 200,000)

What will be the highest price of Bitcoin in November 2025? How many times higher than the lowest point in 2022?

There is still about a year and a half to the next bull market peak in November 2025. If you want to invest in the cryptocurrency market, there is still a chance. From now on, buy in batches every time Bitcoin plummets. When the bull market arrives in 2025, there should still be a chance.

Of course, 2025 is just an extrapolation based on the previous four-year bull market cycle. Recently, members of the U.S. Congress revealed that Hamas raised funds through cryptocurrencies to carry out terrorist attacks on Israel. Hundreds of legislators proposed that the United States strengthen the regulation of cryptocurrencies.

If the proposal is passed, the U.S. government's tightening of regulation on cryptocurrencies could have a significant negative impact on the virtual currency market, causing the price of Bitcoin to fall.

Will the cryptocurrency market usher in a new bull market in 2025?

Will Bitcoin continue to operate on a four-year cycle in 2025? Let's wait and see.

From now on, if you buy Bitcoin in batches whenever it plummets, there is a high probability that the profits you earn by the second half of 2025 will outperform the bank's medium- and long-term deposit rates.