Can people in the cryptocurrency world sleep soundly at night?
In the past decade of cryptocurrency, it has truly been one of the few opportunities for ordinary people to get rich quickly! At this momentum, it’s not a problem to hold on for another ten or eight years; we might catch 1-2 more bull markets. Once this wave of benefits is over, it will probably be like the stock market, turning into an ordinary wealth management market.
However, to be frank, the term "ordinary people" should be put in quotation marks. Who can really seize the opportunity, if not a smart person? Either they have been accumulating knowledge and are ready to unleash their big move, or they love to learn and tinker. Just look at those big shots in the cryptocurrency world; which of them is an ordinary person? Who dared to heavily invest in Bitcoin ten years ago if they were just an average citizen? The mere ability to access Bitcoin eliminates 99% of people!
That said, the best time to plant a tree was either ten years ago or it is now. If you truly meet these conditions, then the cryptocurrency world is still your main battlefield for turning your fortunes around. In this day and age, for young people, the cryptocurrency world is like the stock market and real estate market of the internet era!
However, we must state the harsh truth upfront: this is not the 80-20 rule; it’s a real 90-10 divide! If you haven’t experienced the full cycle of bull and bear markets, don’t even think about making money. If you haven’t stepped on countless landmines, haven’t faced liquidation, or haven’t gone through the rebirth after a 90% asset shrinkage, you are still far from making money! This place tests your faith and understanding.
In the first wave of the bull market, consider it as paying tuition. Making money in your first foray into the market? That’s not a good sign! Only after you’ve endured one cycle of bull and bear markets and figured out the ins and outs, will the second wave of the bull market be your time to reap the rewards. Remember, disaster and fortune are interdependent; the drama in the cryptocurrency world has always been about mutual generation and restriction!