It is clear that for small funds to achieve stable and quick wealth, it is very difficult.
If beginners can avoid losing money, they have already outperformed over 95% of their peers during the same period.
In the crypto world, either rely on time accumulation—after experiencing a bull and bear market, understanding various traps and potential patterns, and slowly starting to make money.
Either rely on luck—directly going all-in with high leverage, increasing your position with floating profits to snowball, spiraling up to wealth freedom in one go.
The above two methods either require making friends with time or having the goddess of luck on your side. Clearly, if you want to get rich quickly, it can only be the latter, but more than 99.9% of people actually don’t have good luck, which is not much different from buying a lottery ticket.
The crypto world is generally divided into four phases.
Phase One: Bitcoin skyrockets, while Ethereum and altcoins rise slowly.
Phase Two: Bitcoin rises slowly, Ethereum skyrockets and altcoins surge, bullish market sentiment is high.
Phase Three: Bitcoin rises slowly or moves sideways, Ethereum surges and altcoins rotate, chaos ensues.
Phase Four: Bitcoin declines sharply and then continues to decline, Ethereum crashes and then continues to decline, altcoins crash and continue to plummet, completely entering a bear market.
I believe we should be in Phase One now, and once the Federal Reserve confirms interest rate cuts, we will enter Phase Two and Phase Three.
So now, it's still feasible for small funds to invest in altcoin spot trading, while large funds should go brainlessly into Bitcoin.
Keep following.$BTC $SOPH $TRB
I am Mi Shao, follow me for more valuable insights that will lead you to financial freedom.