#币圈生存指南 ——The beginning of the story
Making money and financial freedom are the ultimate goals of everyone who enters the cryptocurrency circle. Almost everyone's idea is to go from $100 to $1 million. We frequently stare at the screen of our mobile phones, trying to find opportunities in the fluctuating K-lines. Yes, we can often make high profits through this behavior. A 50-fold contract may allow us to earn assets that we could only get in a year in just a few minutes. Every second of price fluctuations makes us concentrate. We try to judge the market trend and try to win a competition. Many people have won this competition, including my friends. They can be said to be the most talented people in trading, with richer financial knowledge and stronger market sensitivity than me. They once earned wealth that I envied, but in the end only a few people left here with wealth.
Gold Rush, a term that everyone is familiar with but not very clear about. This happened during the westward movement from the 18th to the 19th century. We cannot deny that this adventure allowed many people to dig up a lot of gold. The wealth they had is difficult to reach even now, but more people died in the wilderness of the West and became nameless corpses. Yes, cryptocurrency has become the biggest gold rush in the 21st century. Its benefits and stories have attracted countless people. Almost every day, a lot of hot money pours into this undeveloped Western world. What should we do? After talking to many people, I found that no matter how much time and experience I have in the currency circle, most people make small profits in the bull market, but go bankrupt directly in the bear market. I have been thinking about it since I entered the currency circle in 2018. I tried to integrate the systematic risk control knowledge and financial theory I learned into every transaction of mine to try to survive and make a profit here. I can't say how successful I am, but at least, you see me here.
Maybe you will ask me, what should I do to turn 100$ in my hand into 1 million$? All I can say is that I can't even make it $10,000 when you leave. Because just like those penniless wandering gold diggers during the Westward Expansion Movement could not defeat the already wealthy capitalists, I cannot allow anyone's money to gain 100% profit in a market controlled by capital predators.
So, what can I do? All I can do is, as a risk-averse person, provide all my fans with some of the simplest and most popular theories in this period of high bubble in the emerging market, so as to reduce or even avoid the risk of losing the principal as much as possible, so as to survive in this market and finally obtain a satisfactory profit. However, every step here is not simple. Therefore, I will start my series with the topic of the survival guide of the cryptocurrency circle, and hope to have time to update two or three articles every week.
Please remember that we have never achieved any victory until we left completely and vowed never to come back here again. Come on everyone, welcome to subscribe and follow.