The thinking method here is to break down 1 million into 3 tenfolds, find corresponding opportunities at each of the first, second, and third tenfolds, and replicate the money-making operations 100 times within each tenfold. I believe these ideas are very practical, scientific, and effective.
So how to earn 1 million in the crypto circle?
Let's start with a basic theorem: In a person's life, you only need to continuously gamble on three tenfold coins. Prepare 1,000 USD, which is money you can afford to lose, then 1,000-10,000, 10,000-100,000, 100,000-1 million.
1 million USD can basically be considered a small goal. If you don't even have 1,000 USD in starting capital or if that 1,000 USD is not something you can afford to lose, then just work and study hard. Investing might not be suitable for you because your risk tolerance is too low at this stage. If you gamble and fail, there is a high probability of failure, which will severely impact your real life—it's not worth it!
Don't know what to study? English! Can't find a job? Takeout! If you are satisfied with just 1 million RMB, then change your unit or freely scale. The principle is the same. First, your current task becomes to continuously find 3 '10x coins'. Why the quotes? Because it doesn't necessarily have to be coins, it can be a risk-free arbitrage opportunity, it can be DEFI mining+, it can be a meme coin, it can be NFT+, it can be any asset.
In the vast ocean of virtual currency, the madman is a seasoned sailor who has weathered many storms. From initially being cautious to now being adept, every step is filled with challenges and rewards. Today, I am willing to share my trading insights and practical experiences, hoping to light a lamp for those still exploring in the sea of currencies.
Someone once asked Livermore: With your vast experience, how can you still let yourself do such foolish things?
Livermore said: It's simple, I'm human, and I have human weaknesses. Just like all speculators, I sometimes let my emotions cloud my judgment.
In my view, the cryptocurrency market is a zero-sum or even negative-sum market. Your profit comes from others' losses, and your happiness is built on others' pain. This is an anti-human battlefield. Why is it so difficult to make money in crypto? The difficulty lies in the fact that it is hard for people to break through the shackles of their own human nature, which corresponds to the five poisons of Buddhism: greed, anger, ignorance, arrogance, and doubt.
It is precisely because of the existence of the five poisons of the heart that we are able to profit in zero-sum games and competitions. If all currencies are correctly priced, it indicates that every participant lacks humanity, then the market will have no arbitrage space, and thus no speculative market will exist. A true master of speculation is not only skilled at mastering their own human nature but also adept at utilizing the collective human nature. Thus, refining one's character is crucial for market operations for all participants, and the circle is the best testing ground and training ground for human nature. Each of us will expose our human flaws to some extent in investment trading, so here are the five most common investment personality disorders listed for self-examination.
