The cryptocurrency world you dream of might be just throwing ten thousand dollars in, doing nothing, and then waiting a few years to become a millionaire, living a carefree life. But the reality is not like that!
When you actually enter the cryptocurrency world with ten thousand dollars, you might wake up one day to find that half of your money is gone. The feeling of panic can keep you awake for many nights. After that, every night you stay up, you have to check the K-line chart first, fearing you might miss some important information.
After a year, the price of your coins feels like a roller coaster, sometimes at 1000, sometimes at 6000. You resolve that as soon as the price drops below 9000, you'll sell and leave. But just when you plan to give up, a bull market comes, and the price rises to 8500. Having suffered losses, you still feel the price will drop back to 6000, so you sell at 8500, planning to buy back after a correction to make a profit.
At first, you actually made a bit of profit. But this time, you weren’t so lucky. The price soared, and you missed the chance to get back in, watching it rise to 9000, feeling anxious inside! You grit your teeth and bought back at 9000 with the 8500 you sold, but now you have fewer coins.
Later, the price dropped from 9000 to 7000, and you regretted it again. Unable to resist, you fumbled around again, only to watch the price soar to 12000, leaving you staring in disbelief, with all your profits gone. After a year of waiting, you finally decided to sell your coins, making a 20% annual profit, though it's not much, you still feel quite capable.
This is the true portrayal of many beginners in the cryptocurrency world. Real investment requires patience, intelligence, and faith; you can't act impulsively, and you certainly can't follow the crowd blindly.
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