Principal of 30,000. Graduated from university without any work experience, and started trading cryptocurrency!
I've always been playing in Shuitieling, not buying a house, not buying a car. Monthly expenses of 4,500, eating well, drinking well, and having fun!
💰 How I make money:
1. With a principal of 30,000, I did projects in university, became an online affiliate, did small tasks like parcel delivery and app participation, and saved up 50,000.
2. Entering the cryptocurrency market, I thought BTC was too expensive, so I kept playing with ETH, which has leverage, and then moved on to altcoin spot trading. Choosing coins and managing positions well. Just executing the simple strategy consistently; when the market is bad, I incur small losses, but when the market turns, I make a substantial profit.
⛅ Why enter the market.
If you want to change your destiny, you must try the cryptocurrency market. If you can't make money in this circle, ordinary people will never have a chance in their lifetime.
💰 My cryptocurrency trading thoughts to share with everyone:
Everyone has different expectations for the cryptocurrency market, so how to reasonably plan limited funds is very important, especially when buying coins!!! If you have two equal amounts of capital, one invests in BTC with a 30% profit, and the other in ETH with a 30% loss,
if you need to make a move, what will you do? (There will always be a wrong choice between the two)
A. Hold both
B. Sell BTC to cover ETH
C. Sell ETH to cover BTC
D. Liquidate both
According to probability theory, 80% of normal people would choose to sell Bitcoin to cover Ethereum. #CryptoCircle# #pi#
They might feel scared that Bitcoin has risen too much and find comfort in cashing out; the more Ethereum falls, the lower the risk seems, fantasizing that selling BTC to save ETH might lead to profits for both.
In reality, the investment market often exhibits a terrifying phenomenon where the strong get stronger and the weak get weaker. #ETH#
Relative to B. selling BTC to cover ETH, C. selling ETH to cover BTC seems extremely counterintuitive, making most people feel very uncomfortable!
In fact, this outcome is often the best. This “always wrong choice between two” is a paradox that 80% of investors will face.
❤️ In summary, in terms of returns C > A > D > B.
If you encounter two coins next time, and they are in a situation of mutual rise and fall, be a little braver, be a bit more ruthless, and try to go against your instinct for safety when making decisions. The more unreliable it seems, the more you should try.
Remember, investing is always counterintuitive; you must go against the majority.
