Ten years of ups and downs in the crypto world, earning $200 a day has become the norm
After ten years of navigating the crypto world, I can now earn at least $200 a day. Having spent so much time in this space, I've realized that my perspective on money, as well as that of many friends who trade cryptocurrencies, is vastly different from that of the average person.
When the market is good, I can earn $800 in a day, and generally, I make around $300 - $400. When luck is on my side, profits of tens of thousands of dollars are not uncommon. Yet, even so, some friends still think this rate of return is too slow. They are solely chasing opportunities to make thousands or even tens of thousands of dollars in a short time. In my view, this approach has a low success rate and high risk. Therefore, I chose to invest in meme coins for the long term.
Today, I saw someone following a trade, making $30 in five minutes before hastily exiting. At that moment, I secretly criticized him for being overly cautious, but after thinking it through, $30 is roughly equivalent to 200 RMB, which adds up to 6,000 RMB in a month. For many people, that's already a month's salary.
Bringing up this topic is meant to remind everyone that information in the crypto world can often be very stimulating, but many investment concepts are flawed. Some people who seem to be thriving in the crypto space may disdainfully say, 'Only fools buy houses' when asked how many properties they own, which is undoubtedly a typical poor mindset.
In fact, the efficiency of making money in the crypto world may not be higher than in other industries; it’s just that the information barrier here is low, making it relatively easier to profit. If you are still wandering aimlessly in a bull market, fantasizing about achieving tenfold or hundredfold returns, now is the best time to position yourself.