Is the cryptocurrency world a scam?
The opportunities and chances in the cryptocurrency world in the future, young people here have the best chance to turn their fortunes around and overtake by switching tracks;
Technical aspect: A few familiar web3 technology practitioners around me are quite surprised. They seem to have a particularly strong focus, and besides occasionally going out for a late-night snack or gathering, they don’t have many entertainment activities, but they often talk about buying a house in Shenzhen, buying a Maybach for their family members, or spending money on a server.
Making 5 million is possible, but saving 5 million is hard. To save 5 million, you need to earn at least 10 million, because the money earned in the early stages is spent on fixed assets and daily necessities. If you're working a job, don’t even think about saving 5 million; it’s hard to save even 500,000. Working a job is simply not an option.
I have offended some friends with my words, feeling that in such a profitable business, if you're not joining in, isn’t it a bit foolish? Looking back, that was due to an excessive blind confidence given to me by money!
Wealth is a compensation for cognition. Whether it’s buying a house, buying BTC, trading stocks, or starting a business. Ups and downs are normal, but if your understanding is insufficient, and you didn’t buy or sold early, it proves one thing: you can only gain what you understand. Even if you buy again, either the previous profits will be lost, or after buying, you will sell it again.
Of course, you can play around; isn't it nice to see new highs every day?
In the cryptocurrency world, Binance and OKEx are the largest exchanges. Spend a few dollars to buy some coins and give it a try. If it rises 100 times, you’ll have a few hundred; if it rises 1000 times, you’ll have a few thousand; if it rises 10,000 times, you’ll have tens of thousands. Bitcoin, Ethereum, Ripple, Shiba Inu, Dogecoin, these are all coins that can multiply by thousands, having made many people suddenly rich. The owner of Binance has twice become the richest person among Chinese people.