When I first started trading cryptocurrencies, I made about 2.2 million with a principal of 30,000. I’ve never worked after graduating from university.
I have always been playing in Shui Tieling, not buying a house or a car. My monthly expenditure is 4,500, eating well, drinking well, and having fun!
💰 How I made money:
1. With a principal of 30,000, I did projects in university, affiliate marketing, shua orders, express delivery, APP crowding, and various small tasks, accumulating 50,000.
2. Entering the crypto market, I thought BTC was too expensive, so I kept playing with ETH, which has leverage, and then altcoin spot trading. Selecting coins and managing positions well. I just executed this simple strategy consistently; when the market was bad, I incurred small losses, and when the market came, I made a lot of money.
⛅ Why enter the market.
If you want to change your fate, you must try the crypto market. If you can't get rich in this circle, ordinary people will never have a chance in their lifetime.
💰 My trading thoughts to share with everyone:
Everyone has different expectations for the crypto market. It's very important to reasonably plan limited funds, especially when we buy coins!!! Suppose you have two amounts of the same funds, one bought BTC with a profit of 30%, and the other bought ETH with a floating loss of 30%.
If you want to make a move, what would you do? (Always a wrong choice between two options)
A. Hold both
B. Sell BTC to cover ETH
C. Sell ETH to cover BTC
D. Liquidate both
According to probability theory, 80% of normal people would choose to sell Bitcoin to cover Ethereum. They would feel afraid that Bitcoin has risen too much, thinking that cashing out would provide peace of mind; the more Ethereum falls, the lower the risk, thinking that if they sell BTC to save ETH, both might make money.
In reality, the investment market has a terrifying phenomenon where the strong always get stronger, and the weak always get weaker. #BTC
Compared to B. Selling BTC to cover ETH, C. Selling ETH to cover BTC seems extremely counterintuitive, which makes most people feel very uncomfortable!
In fact, this outcome is often the best. This “always a wrong choice between two options” is a paradox that 80% of investors will encounter.
❤️ In summary, in terms of returns, C > A > D > B.
If you encounter two coins next time and there is a situation of one rising while the other falls, be bolder, be more ruthless, and try to operate against your instinct for security; the more unreliable it seems, the more you should try.
Remember, investment is always counterintuitive; you must go against most people. If you also want to share in the profits of the crypto market, consider following Gong Zhonghao (Crypto General Instructor) to join you in the battle for 2025.