$BTC Many people misunderstand making money in the crypto world; they think it’s about speculative money, about watching target prices, buying low and selling high to profit from the price differences.
This concept has been misunderstood, no matter how hard you try, you will inevitably lose money.
The essence of buying low and selling high is to look at the future from the present: will the consensus expand? It’s that simple: if you’re right, you make money; if you’re wrong, you lose money.
The money made by those who buy BTC actually comes from the judgment that BTC will become the strongest asset for global storage in the future. However, it has not yet achieved this, and the current price is very low compared to the future, with very few who recognize it. Buying now, when the consensus expands in the future, and then selling BTC to those who need it in the future, achieves the goal of buying low and selling high.
Making money in the crypto world has nothing to do with the fundamental value of the coin, but has a lot to do with the consensus value of the coin.
For example, if a cryptocurrency project is very valuable and everyone says it’s good and buys it, then you definitely won’t make a lot of money. Not losing is already a great achievement, and the profit is of course very thin.
When everyone says something is good, there is no cognitive difference among people. The cognitive difference actually refers to the gap between the future and present value of a cryptocurrency, not the current price difference. In the cryptocurrency world, those with prior knowledge earn the money of those who have either delayed or no understanding.
So if you want to make big money in the cryptocurrency world, you must buy assets that will gain consensus at some point in the future.
For example, the previous inscriptions went from just a few dollars to several thousand dollars each; this is the expansion of consensus. Then many people think inscriptions are good and rush in again. Everyone's understanding is about the same, and there is no difference, so it becomes basically impossible to make exorbitant profits. And the probability is high that they will lose money.
The current runes, once launched, are worth 500 million dollars because the existing players in the market think it's good. It is difficult to make money based on current judgments.
Because you have no cognitive difference with those buying now; the cognitive difference exists with those who will buy in the future. This is the fundamental reason why you can't make money in short-term speculation.
Unless you can judge that the future consensus of runes will expand to 5 billion or 10 billion dollars, then you can definitely buy now.
But whether this thing can succeed, only heaven knows.
This judgment is indeed difficult. Cognition determines wealth, and that's just how it is. Therefore, making money is certainly hard.
If you don't focus on Bitcoin and are solely intent on making money, you must first find a niche that almost no one is playing or recognizing.
Then you dive in. If that niche takes off, you will too.
Or when the market is in despair, and everyone thinks it's bad and they all cut losses, if you dive in or firmly hold onto your position without selling, your cognitive behavior differs from theirs. This is the cognitive difference; if you judge correctly, you will make money in the future.
This is the correct methodology for buying low and selling high. What you need to do is to be different from most people and do it correctly.
Imagine a day when Bitcoin has become a household name asset, and when you deposit money, the bank staff asks you if you want to buy some Bitcoin investment products.
At this time, the basis for consensus to continue expanding may no longer exist, and the returns will become very ordinary.
That may be when you sell your BTC.
Go for it, I'm Xiao Qi, a seasoned veteran wishing you great wealth in the cryptocurrency world.
Continue to pay attention to BTC, ETH, and BNB.
Bulls have their strategies, and bears have their plays.
Xiao Qi will not lead fans into liquidation, nor will I blindly open positions.
It's all about seeking victory steadily, making solid progress. Those who want to profit should follow Xiao Qi's lead!
