Many friends have a misconception—that they haven't made money because they entered the scene late.
There are reasons for this, but it’s not the whole story.
Those ancient OGs are wealthy because you see them; they survived. The vast majority are believers in holding coins, or they started companies or projects that provide a continuous cash flow.
Many who entered the scene early have long since died in various pitfalls—dying from counterfeits, dying from contracts, dying from ICOs, and so on.
If entering the scene early meant you could definitely make money, then there would be no poor people in this circle.
The US stock market has been in a bull market for over a decade; have all those who play the US stock market become A9, A10, A11? Why is there only one Buffett?
The vast majority of people are too close to trading and have too many little tricks.
I also once fantasized about what would happen if I had bought a bunch of Bitcoin or ETH early and held onto it until now.
Later I found out that it was much harder than I imagined—early Bitcoin was cheap, but it was highly volatile.
When Li Xiaolai bought in at $2, it rose to $20 in a year, but then it fell back to $2. Who wouldn't be scared off if it happened now?
For example, during '312', it dropped from $10,000 to $3,800. Many people thought they were smart by clearing out before the crash, but then what? Very few have held onto their coins like ancient fossils until now.
Timing is very difficult, and it's hard for ordinary people to do it. Buffett says he doesn't time the market; he only looks at whether it's expensive or not—are you smarter than Buffett?
In the crypto world, the concept of Bitcoin standard is like value investing in stocks. Now the price of one Bitcoin is not low; it’s hard to get rich quickly from it, but it can help you move forward steadily.
That's why I say this is the best era. Because Crypto never lacks opportunities—
End of 2023 inscriptions, early 2024 secondary markets, and 2025 TRUMP... There are always several opportunities every year to help you seize big chances and quickly accumulate assets.
If you seize it, you can exchange it for the Bitcoin you desire;
Even without trading, one can still live a very good life.
Once I clearly realized I was foolish, my strategy became very simple:
Some hold for the long term, only buying and never selling, using hardware wallets to avoid emotional trading.
Another group trades in swings, selling a bit when it rises and buying a bit when it falls, without comparing themselves to others.
Life is not a sprint; it’s your own marathon.
If you can't get rich overnight, then slowly getting rich is also fine.
