If you are a newcomer, you are definitely attracted to the news of friends becoming rich.
Most likely, you will incur losses. Alternatively, you might earn a bit of money through luck, such as 100,000 or 200,000. This happens, but it's rare.
If you don't believe it, you can ask your friends if they have made money in the cryptocurrency world.
The first cycle is a learning period, and you are likely to incur losses. Also, you probably won't invest too much money.
Of course, there are also lucky people who make money in the first cycle. These people fall into two categories: one is guided by a benefactor and has learned through various communities; the other is born with high understanding and comprehends things on their own, making money right from the start.
For ordinary people, the first cycle of entering the market is basically a loss.
From what I understand, accumulating wealth in the cryptocurrency world usually takes 2 cycles, about 3-5 years.
Many people see others earning a hundred times in a bull market in a year; you should ask them how long they've been in the cryptocurrency world.
He started to pay attention to the cryptocurrency world from understanding it, and began to calculate. It's likely to take more than 4 years.
When I talk about making money, I don't mean earning 100,000 or several hundred thousand, but at least in the millions or tens of millions.
After going through a cycle of baptism, if you survive, you basically belong to this circle.
It's not that your character is too bad; you can still make quite a few friends and get to know people in this circle.
Then you just buy, buy, buy, stock up on coins, and engage in various low-cost arbitrage projects.
In the second cycle, you can basically achieve freedom.
The first cycle has 50,000 to 100,000. The second cycle might reach millions or tens of millions.
What is impossible in the cryptocurrency world?
I think the best way is to pay more and consult successful people more often.
Of course, you can gain insights on your own, but it's too slow. The information you obtain is also limited.
People in the third cycle are basically living worry-free. Any project might bring in millions.
This is the compounding effect of the cryptocurrency world.
From now on, let go of your obsessions and humbly seek advice from others. Quickly accumulate resources in your circle.
Even if you currently earn at least 5,000 yuan a month, in a rocket-like track, you won't be poor in the next cycle.
In the cryptocurrency world, you are making rockets. In the stock market, you are riding a bicycle; buying funds is like walking, and buying inside is crawling.
Why not choose the rocket? Getting on this rocket and letting the circle take you off is the fastest way.
