What to do when trading cryptocurrencies makes you not want to work?

When you make money trading cryptocurrencies, you will feel incredibly confident.

You will look down upon the few thousand or tens of thousands you earn from a job.

Then most people will advise you that trading cryptocurrencies is good, and you should give up your job to focus entirely on trading.

The truth I want to convey is that the fluctuations in the cryptocurrency market are market conditions and trends, not something you can control.

Although there are some people who are capable of catching trends and avoiding downward trends, they are very few and far between.

Such individuals may truly be top talents in the circle.

If you are really good, everyone will be unable to dissuade you, and you won’t even ask for advice.

If you are not good, you will ask, which indicates that you are also in doubt.

Understanding how to make money in the cryptocurrency market becomes easier this way:

Cryptocurrencies are your assets, just like houses and stocks are your assets.

It’s just that at a favorable moment, one of your assets begins to surge dramatically.

Making money through investment = having assets + continuous buying + off-market income = investment success.

People say Buffett is a stock god, but in reality, he is a god of management. He uses a continuous cash flow to buy various assets.

The assets he buys may not appreciate for ten years, and then explode in the eleventh year.

But if you don’t have off-market income, and you buy an asset that doesn’t appreciate, you can’t wait ten years.

For example, during this recent drop in Bitcoin, I thought it was going to drop to 60,000, but it bounced back up, and the bull market returned.

So who can be certain that it will come back quickly? No one can know.

If you don’t have money or cash flow during the waiting period, you can’t continue your life, and you also can’t buy low-cost assets.

Suppose you have off-market income, earning 300,000 a year, and you buy 100,000 worth of cryptocurrencies. You would feel much more relaxed.

As you continuously accumulate chips, your assets are refined over time, and your money becomes truly yours.

However, money earned from speculative trading is yours today, but may belong to someone else tomorrow.

In investing, the only things you can control are buying, selling, and holding. You cannot control or predict market conditions.

Therefore, you must have cash flow to counter unpredictable market factors.

In the field of cryptocurrency investment, you will achieve completeness.

You are just one step away from making money, and losing money will never be your fate.