Some time ago, a fan asked me if they should resign from their state-owned enterprise after making ten million from trading cryptocurrencies.

First, let’s state a reality: if you entered the market in 2014 and have managed to make over ten million by now, that’s really not much.

In fact, you could say that you probably haven’t outperformed Bitcoin itself.

If you don’t believe it, do your own backtesting: if you had bought Bitcoin in 2014 and held it until now, wouldn’t your returns be better than the results of your trading?

Not outperforming the market, what does that say about your abilities?

My standard is very simple: if you underperform the market, you lack strength; if you match the market, then you are just making money on trends.

Although you have underperformed the market, objectively speaking, you have still outperformed the vast majority of people. However, from the tone of your question, I sense impatience. To be honest, I’m a bit surprised you can make money with that mindset.

My advice is very clear: don’t resign!

Moreover: Cash management:

First, put the money you earned in the bank, don’t touch stocks, funds, or real estate. Let it sit there for two years to calm down. This two years is just right to observe whether you truly have entrepreneurial abilities.

As for the funds in the cryptocurrency space, you can play with that however you like.

But if in the next bull market you still can’t outperform the market, remember this lesson: in a bear market, just honestly stick with Bitcoin and Ethereum.

How can you determine if you have entrepreneurial abilities?

There’s a very simple measure: see if you’ve made it to middle management in a state-owned enterprise. If you can’t even reach middle management, it shows you haven’t grasped the rules of your current industry, let alone lead a team to start a business.

First, climb up in the company, understand the ins and outs, and develop your skills before considering entrepreneurship.

Of course, this doesn’t guarantee success, but at least it proves you have foundational strength for entrepreneurship.

Now, about trading cryptocurrencies:

Is it really that complicated? Given your current amount of funds, isn’t it good to pursue a stable tenfold return? Do you really need to gamble for a hundredfold or several tens of times? If you want to earn ten times, buying Bitcoin and Ethereum at the bear market bottom and holding until the bull market isn’t difficult; several million can easily become tens of millions.

Finally, and most importantly:

If you really make several tens of millions, you must stay low-key! Keep your wealth hidden; absolutely don’t let colleagues, leaders, or relatives know about your sudden wealth.

Fortune and misfortune depend on each other; showing off your wealth may attract unexpected troubles.

If you want to delve deeply into the cryptocurrency space and avoid taking detours, you can follow Lao Zheng and chat with me.