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The Mindset for Making Big Money in the Crypto World
Some people don't buy BTC because it's too high, thinking how much more can it rise?
This logic seems correct on the surface, but it doesn't hold up under scrutiny.
Just ask him: How does he know it won't rise much? Ten years ago, someone said this; five years ago, someone said this. To this day, there are still people saying this.
You will find that those who say such things are all from the same group of similar mindsets.
What they say seems reasonable, but they haven't made much money.
If they are right, then why haven't they made money? And why do people who buy BTC keep making money?
This logic seems correct on the surface, but it doesn't hold up under scrutiny.
Just ask him: How does he know it won't rise much? Ten years ago, someone said this; five years ago, someone said this. To this day, there are still people saying this.
You will find that those who say such things are all from the same group of similar mindsets.
What they say seems reasonable, but they haven't made much money.
If they are right, then why haven't they made money? And why do people who buy BTC keep making money?
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How to Make Money in a Bull Market and Withdraw from the Cryptocurrency Space
Withdrawing funds in the cryptocurrency space is an extremely risky endeavor. At best, it results in frozen cards and financial losses; at worst, it leads to entering the sewing machine university for further education.
Once your card is frozen, it will be a struggle and extreme hardship; it will be very troublesome.
The consequences of a judicial freeze on a card are very serious. Mobile cards cannot be processed, broadband cannot be processed, loans cannot be processed, online banking cannot be used, and bank cards cannot be opened. This causes inconvenience in life.
If you don't have much money and want to withdraw funds, I'm talking about amounts between hundreds of thousands to millions, then you don't need to worry too much. Spend a little money to join high-quality groups, and it's easy to meet reliable people and withdraw funds.
Once your card is frozen, it will be a struggle and extreme hardship; it will be very troublesome.
The consequences of a judicial freeze on a card are very serious. Mobile cards cannot be processed, broadband cannot be processed, loans cannot be processed, online banking cannot be used, and bank cards cannot be opened. This causes inconvenience in life.
If you don't have much money and want to withdraw funds, I'm talking about amounts between hundreds of thousands to millions, then you don't need to worry too much. Spend a little money to join high-quality groups, and it's easy to meet reliable people and withdraw funds.
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Interest rates have been cut, but the currency has plummeted.
Yesterday, I made a profit of $1,144 from arbitrage.
However, the market plummeted, and the digital assets held have significantly depreciated.
However, my cash reserves are basically complete, and life won't lack money to spend.
So there is no panic at all. The result of the interest rate meeting at dawn was a 25 basis point cut.
But the market suddenly dropped significantly. Normally, after a rate cut, it should rise, but suddenly it just fell.
The price of Bitcoin has directly reached $96,700.
The market is so elusive, guessing the market trend and betting on coin price trends.
Indeed, no one can achieve that.
When the market is good, many people post about what price they bought at and how much they earned.
However, the market plummeted, and the digital assets held have significantly depreciated.
However, my cash reserves are basically complete, and life won't lack money to spend.
So there is no panic at all. The result of the interest rate meeting at dawn was a 25 basis point cut.
But the market suddenly dropped significantly. Normally, after a rate cut, it should rise, but suddenly it just fell.
The price of Bitcoin has directly reached $96,700.
The market is so elusive, guessing the market trend and betting on coin price trends.
Indeed, no one can achieve that.
When the market is good, many people post about what price they bought at and how much they earned.
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The Temperament of Wealth
In response to expectations of interest rate cuts by the Federal Reserve, the big pie starts to take off again, soaring from 10.33K to 10.77K. Breaking new highs, the current exchange rate falls back to 10.65K.
The imitation index has dropped from around 90 to 63. The blood-sucking effect of the big pie is extremely strong.
USDT 7.24, USD to RMB 7.29. Still inverted, capital entry from the Eastern world is not active.
Dollar index 107. The dollar remains strong.
Historically, before the Federal Reserve lowers interest rates, there is a wave up, and after lowering, a crazy wave up. Based on this, 11K for the big pie is not far off.
The expectation for this round of the big pie is 15K-20K. If the market goes crazy, it's not impossible to adjust to 30-40K.
The imitation index has dropped from around 90 to 63. The blood-sucking effect of the big pie is extremely strong.
USDT 7.24, USD to RMB 7.29. Still inverted, capital entry from the Eastern world is not active.
Dollar index 107. The dollar remains strong.
Historically, before the Federal Reserve lowers interest rates, there is a wave up, and after lowering, a crazy wave up. Based on this, 11K for the big pie is not far off.
The expectation for this round of the big pie is 15K-20K. If the market goes crazy, it's not impossible to adjust to 30-40K.
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All sins belong to Nakamoto
(In 'Demi-Gods and Semi-Devils'), there is a part where the monk at Shaolin Temple says: 'When will the cycle of revenge end? It's better to let all the sins fall on me alone.' This monk took on everyone's grievances with his strength and resolved their hatred. There must be a point to release this resentment; once it is released, their resentment will also disappear.
Yesterday, a friend called me and talked for half an hour. He said these years have been tough; e-commerce generated 160 million in sales, but after calculating the profits, he still lost 800,000. I said, no way. How can it be like this? He said, it is like this; AI algorithms are too cunning, and very few people make money. I said, then forget it, don’t do it anymore. He said, Huang Lang lost tens of thousands again on SOL soil dogs.
Yesterday, a friend called me and talked for half an hour. He said these years have been tough; e-commerce generated 160 million in sales, but after calculating the profits, he still lost 800,000. I said, no way. How can it be like this? He said, it is like this; AI algorithms are too cunning, and very few people make money. I said, then forget it, don’t do it anymore. He said, Huang Lang lost tens of thousands again on SOL soil dogs.
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Adhering to principles is very difficult.
Very few people can truly restrain human nature.
Human nature contains greed, aversion to loss, laziness, blindness, chaotic logic, and a habit of blaming others for mistakes. Confidence, jealousy, and a love for showing off are all part of human nature.
It's hard for me to say that these are weaknesses of human nature or that they are bad. Human nature is just human nature, a habit that emerges solely for the sake of survival. The greatest need of a person is to survive.
I often heard that a certain person is very strong, and I always thought it was about some strong ability or a particularly strong aspect. Of course, they are stronger in those aspects than the average person. But the core of it is that these people have a strong ability to adhere to principles.
Human nature contains greed, aversion to loss, laziness, blindness, chaotic logic, and a habit of blaming others for mistakes. Confidence, jealousy, and a love for showing off are all part of human nature.
It's hard for me to say that these are weaknesses of human nature or that they are bad. Human nature is just human nature, a habit that emerges solely for the sake of survival. The greatest need of a person is to survive.
I often heard that a certain person is very strong, and I always thought it was about some strong ability or a particularly strong aspect. Of course, they are stronger in those aspects than the average person. But the core of it is that these people have a strong ability to adhere to principles.
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Lower Expectations
I have a friend who is 37 years old, he makes a lot of money, with an annual income of a million, but recently he broke up with his girlfriend again. To my knowledge, he might have changed partners 5678 times.
In any case, it's always about this and that being unsatisfactory. Even the slightest dissatisfaction leads to a breakup. I used to be that kind of person. If I share something about making money with you, and you have something about making money, please let me know, or at least be a bit polite and sincere when talking to me and show me some respect.
Later, I realized that when people make money, they become more assertive and start speaking loudly. When I ask them, they become impatient. I thought it was their problem; I used to be troubled by such things, wondering how it could be this way. Later, I discovered this is a common issue among most people who go from having no money to having money.
In any case, it's always about this and that being unsatisfactory. Even the slightest dissatisfaction leads to a breakup. I used to be that kind of person. If I share something about making money with you, and you have something about making money, please let me know, or at least be a bit polite and sincere when talking to me and show me some respect.
Later, I realized that when people make money, they become more assertive and start speaking loudly. When I ask them, they become impatient. I thought it was their problem; I used to be troubled by such things, wondering how it could be this way. Later, I discovered this is a common issue among most people who go from having no money to having money.
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The market has dropped significantly.
I haven’t made any money these days.
Today there was a big drop, I got numb from the fall. I bought Doge for 0.43 last night, invested over 10,000, now floating a loss of over 1,000.
On December 8th, I bought ACX for 0.9843, originally planned to sell at 2.9, but the market changed too quickly, and I sold everything at 0.9912, without making any profit.
On December 8th, I bought Pepe for 0.00002285, invested over 10,000, and sold at 0.0000272. I made 2,000, bought some Dogecoin but only made a little over 100 because it didn’t rise. At night the market improved, I bought again at 0.43, but when I woke up in the morning, there was a big drop, and I'm floating a loss of over 1,000.
Yesterday, a fan saw that I bought ACX and also bought ACX with me. He told me that I sold it yesterday, I don’t know if he sold it.
Today there was a big drop, I got numb from the fall. I bought Doge for 0.43 last night, invested over 10,000, now floating a loss of over 1,000.
On December 8th, I bought ACX for 0.9843, originally planned to sell at 2.9, but the market changed too quickly, and I sold everything at 0.9912, without making any profit.
On December 8th, I bought Pepe for 0.00002285, invested over 10,000, and sold at 0.0000272. I made 2,000, bought some Dogecoin but only made a little over 100 because it didn’t rise. At night the market improved, I bought again at 0.43, but when I woke up in the morning, there was a big drop, and I'm floating a loss of over 1,000.
Yesterday, a fan saw that I bought ACX and also bought ACX with me. He told me that I sold it yesterday, I don’t know if he sold it.
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Which coin can increase a hundredfold?
Friends in the cryptocurrency circle all want to know this question. Everyone wants to have the code to wealth. If you have confirmed it, you will definitely go all in!
So which coin can still increase a hundredfold now? It may be really difficult for mainstream coins to increase a hundredfold, because the market value is there. Unless there is some huge good news, new stories and new imagination space, it is difficult to have a hundredfold increase.
Mainstream currencies are just like what some people joked about, some people like them, some people hate them, so why don’t they go up in value?
I just found a fortune teller and calculated a few targets. The summary is as follows:
So which coin can still increase a hundredfold now? It may be really difficult for mainstream coins to increase a hundredfold, because the market value is there. Unless there is some huge good news, new stories and new imagination space, it is difficult to have a hundredfold increase.
Mainstream currencies are just like what some people joked about, some people like them, some people hate them, so why don’t they go up in value?
I just found a fortune teller and calculated a few targets. The summary is as follows:
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The ability to talk nonsense
Please see the following text:
If Bitcoin is the "digital gold" created by sovereign individuals to fight against the "monetary oppression" of authoritarian countries with the original intention of "peer-to-peer payment system", then the Meme coin in the Desci track is like a "ticket" that transfers the decision-making power of scientific development to the general public to a certain extent - the relevant token holders can help the development of scientific research experiments in the short term, and in the long run, they "vote with their feet" for the subsequent direction of scientific development. In this view, Desci does have its specific value.
If Bitcoin is the "digital gold" created by sovereign individuals to fight against the "monetary oppression" of authoritarian countries with the original intention of "peer-to-peer payment system", then the Meme coin in the Desci track is like a "ticket" that transfers the decision-making power of scientific development to the general public to a certain extent - the relevant token holders can help the development of scientific research experiments in the short term, and in the long run, they "vote with their feet" for the subsequent direction of scientific development. In this view, Desci does have its specific value.
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I'm obsessed with cryptocurrency trading
A fan told me that she dreamed that her 4 million account was liquidated, leaving only 2.74 yuan.
She cried in her dream, woke up suddenly, opened her account and saw that the money was still there. She touched the phone with care, but the cold phone conveyed incomparable warmth.
I was happy to do anything at this moment. She told me about this. I replied to her: It shows that people care about money, and money is too important. Last night I also had a dream that I was liquidated for more than 2 million. I was puzzled in my dream, and I didn't play contracts. Why did I have a liquidation of more than 2 million. What happened? I couldn't figure it out, and I couldn't contact customer service.
I never thought that I was dreaming. After waking up and looking at my phone, it turned out to be a dream. During the day, I was doing arbitrage, and an exchange put some U. I made a little money in 5 days. The server was open for a few days, and then I was forced to log out.
As soon as I logged in, I found that the password was wrong and I couldn't log in.
I changed the password again, and as soon as I logged in, I found that the assets were zero. After careful checking, the account I logged in was not the account I arbitrage.
I guess I was obsessed with playing with coins these days and my mind was in a trance. I will go out more in the future. Try to spend 2-3 hours outdoors every day.
I need outdoor air and sunshine too much. The scenery near my home is very good. It is a good place. It takes half an hour to drive around the lake, surrounded by trees, bamboo forests, fields, tea gardens, streams and rivers.
Except for wind and rain. There will be many cyclists on the road day and night. I often drive out after 10 o'clock in the evening and then go home to sleep. I have to be very careful to avoid them every time.
During the day, there are groups of people singing, taking pictures, and playing. They are all very good at playing and have bought all kinds of outdoor equipment. The equipment looks very professional and the photos and videos are taken very well.
When the price drops too much, I get used to it. Buy it when I have money.
Even after the price went up a bit, I still had all kinds of anxiety-like worries. How strange.
A fan told me that she dreamed that her 4 million account was liquidated, leaving only 2.74 yuan.
She cried in her dream, woke up suddenly, opened her account and saw that the money was still there. She touched the phone with care, but the cold phone conveyed incomparable warmth.
I was happy to do anything at this moment. She told me about this. I replied to her: It shows that people care about money, and money is too important. Last night I also had a dream that I was liquidated for more than 2 million. I was puzzled in my dream, and I didn't play contracts. Why did I have a liquidation of more than 2 million. What happened? I couldn't figure it out, and I couldn't contact customer service.
I never thought that I was dreaming. After waking up and looking at my phone, it turned out to be a dream. During the day, I was doing arbitrage, and an exchange put some U. I made a little money in 5 days. The server was open for a few days, and then I was forced to log out.
As soon as I logged in, I found that the password was wrong and I couldn't log in.
I changed the password again, and as soon as I logged in, I found that the assets were zero. After careful checking, the account I logged in was not the account I arbitrage.
I guess I was obsessed with playing with coins these days and my mind was in a trance. I will go out more in the future. Try to spend 2-3 hours outdoors every day.
I need outdoor air and sunshine too much. The scenery near my home is very good. It is a good place. It takes half an hour to drive around the lake, surrounded by trees, bamboo forests, fields, tea gardens, streams and rivers.
Except for wind and rain. There will be many cyclists on the road day and night. I often drive out after 10 o'clock in the evening and then go home to sleep. I have to be very careful to avoid them every time.
During the day, there are groups of people singing, taking pictures, and playing. They are all very good at playing and have bought all kinds of outdoor equipment. The equipment looks very professional and the photos and videos are taken very well.
When the price drops too much, I get used to it. Buy it when I have money.
Even after the price went up a bit, I still had all kinds of anxiety-like worries. How strange.
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Only by buying on dips can one soar during a bull market
What is the coin that rises the most in a bull market? An undervalued public chain, can it reshape the BTC ecosystem?
Since October 2023, it has skyrocketed tenfold, then returned to the bottom point of 0.0068, still nearly three times higher than the launch.
$CKB As a representative project of public chains, it is always the coin that rises the most before the bull market kicks off.
If the bull market arrives,
it could be a 10x increase again 🔥🔥🔥. Why do I say this?
CKB is one of the best technical teams among the early domestic teams, and CKB insists on using PoW and UTXO, which aligns with Bitcoin's infrastructure. This consistency may help maintain compatibility and security with the Bitcoin ecosystem.
$CKB As a representative project of public chains, it is always the coin that rises the most before the bull market kicks off.
If the bull market arrives,
it could be a 10x increase again 🔥🔥🔥. Why do I say this?
CKB is one of the best technical teams among the early domestic teams, and CKB insists on using PoW and UTXO, which aligns with Bitcoin's infrastructure. This consistency may help maintain compatibility and security with the Bitcoin ecosystem.
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BTC breaks 71,000, where are your coins?
BTC has broken through 71,000 and is only a little bit away from a new high. What about your coins?
BTC has reached 71,000 today. The moment of decisive battle has come. The charge has been sounded, the bullets have been loaded, the bayonets have been inserted, and the long and short sides are about to enter the final stranglehold. In 3 days at most, we will know whether it will break through the new high in one go or go down in a hurry. I hope BTC is a scumbag who says he will go in and never go in, but when you are not careful, it will go up in a hurry.
The price of Bitcoin rose from 15,000 to 70,000, but the price of the copycats did not rise, and it fell back from 70,000 to 49,000. This lasted for more than half a year, and the copycats continued to rise for more than 180 days. Some copycats even hit new lows.
BTC has reached 71,000 today. The moment of decisive battle has come. The charge has been sounded, the bullets have been loaded, the bayonets have been inserted, and the long and short sides are about to enter the final stranglehold. In 3 days at most, we will know whether it will break through the new high in one go or go down in a hurry. I hope BTC is a scumbag who says he will go in and never go in, but when you are not careful, it will go up in a hurry.
The price of Bitcoin rose from 15,000 to 70,000, but the price of the copycats did not rise, and it fell back from 70,000 to 49,000. This lasted for more than half a year, and the copycats continued to rise for more than 180 days. Some copycats even hit new lows.
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The key to quantitative trading lies in strategy; I will try the UPlus intelligent quantitative.
Nowadays, there are many types of quantitative trading both domestically and internationally, including grid-type quantitative trading platforms. I frequently use state-owned monopoly stocks for systematic investment and systematic selling, which have a high yield. Since 2022, I have completed four rounds of trading, and so far, every round has been profitable. This is actually a kind of quantitative strategy, but its disadvantage is the long cycle; I can only invest one to two rounds a year. The strength of quantitative trading is overcoming personal greed and fear.
In today's rapidly changing financial market, quantitative trading, as a trading method based on mathematical models, statistical principles, and computer technology, has gradually become a force that cannot be ignored in the market. Quantitative trading not only changes the traditional trading model but also provides investors with a new perspective and tools to achieve more precise and efficient investment decisions. As the name suggests, quantitative trading involves using quantitative analysis methods, advanced mathematical and statistical models, combined with computer technology for investment decision-making. Unlike traditional qualitative trading, quantitative trading emphasizes the role of data, models, and algorithms to pursue stable and replicable investment returns.
In today's rapidly changing financial market, quantitative trading, as a trading method based on mathematical models, statistical principles, and computer technology, has gradually become a force that cannot be ignored in the market. Quantitative trading not only changes the traditional trading model but also provides investors with a new perspective and tools to achieve more precise and efficient investment decisions. As the name suggests, quantitative trading involves using quantitative analysis methods, advanced mathematical and statistical models, combined with computer technology for investment decision-making. Unlike traditional qualitative trading, quantitative trading emphasizes the role of data, models, and algorithms to pursue stable and replicable investment returns.
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关注灰度2024年最近推出的几个信托
现在市场处于哪一个阶段，单一简单判断从灰度的持仓就能判断出来，2022至2023年，灰度从未增持过任何一个代币。但今年不同，大量增持SUI、STX 、NEAR、TAO 、MKR等币种，可以知道灰度对后面牛市行情非常看好，也说明可能市场现在已经在牛市里面了，灰度何时大量减少持仓，就说明本轮牛市接近尾声了 。
作为全球数一数二的加密资产管理公司之一，灰度的每一个信托基金的推出都会得到加密市场的高度关注。对市场来说，信托基金为特定加密资产提供了合法性和认可。
作为加密资产管理领域的老牌机构，灰度最近一直非常活跃。每当灰度宣布为某种资产推出新的信托基金，市场往往会反应不一。有些人可能将这一推出解读为该资产市场已接近饱和，或者至少在加密货币领域的上升空间有限。另一方面，这也是来自加密领域主要玩家的一种认可印记，可能为该资产带来合法性，吸引机构投资者，并至少提升媒体关注度。
灰度最近加快了新投资产品的推出速度，这表明他们坚信当下正处于加密牛市中。
作为行业中的一位低调巨头，投资者们继续密切关注灰度的投资动向，以判断他们对行业未来走向的看法。本轮周期中，灰度到底投了哪些资产？
灰度有二大主要综
作为全球数一数二的加密资产管理公司之一，灰度的每一个信托基金的推出都会得到加密市场的高度关注。对市场来说，信托基金为特定加密资产提供了合法性和认可。
作为加密资产管理领域的老牌机构，灰度最近一直非常活跃。每当灰度宣布为某种资产推出新的信托基金，市场往往会反应不一。有些人可能将这一推出解读为该资产市场已接近饱和，或者至少在加密货币领域的上升空间有限。另一方面，这也是来自加密领域主要玩家的一种认可印记，可能为该资产带来合法性，吸引机构投资者，并至少提升媒体关注度。
灰度最近加快了新投资产品的推出速度，这表明他们坚信当下正处于加密牛市中。
作为行业中的一位低调巨头，投资者们继续密切关注灰度的投资动向，以判断他们对行业未来走向的看法。本轮周期中，灰度到底投了哪些资产？
灰度有二大主要综
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The Major Bull Market in the Cryptocurrency Space Has Begun: Sui Breaks Through the Previous High of $2.18, Establishing Its Leading Position
On October 12, 2024, the new public chain token Sui broke through the previous high of $2.18, establishing and replacing Bitcoin as the leading asset in the cryptocurrency market, heralding the commencement of the major bull market in 2025.
The official confirmation of the major bull market in the cryptocurrency space in 2025 is still pending Bitcoin's effective breakthrough of $73,000 again. We are currently in the early stages of the bull market, with overall coin prices quite low. When Bitcoin effectively breaks through $73,000 again, many altcoins will rise significantly, and retail investors will hesitate to invest. Today marks exactly seven months since March 14, 2024, when Bitcoin reached its historical high of $73,000, and this situation is clearly a washout pattern characterized by sideways movement instead of a decline.
The official confirmation of the major bull market in the cryptocurrency space in 2025 is still pending Bitcoin's effective breakthrough of $73,000 again. We are currently in the early stages of the bull market, with overall coin prices quite low. When Bitcoin effectively breaks through $73,000 again, many altcoins will rise significantly, and retail investors will hesitate to invest. Today marks exactly seven months since March 14, 2024, when Bitcoin reached its historical high of $73,000, and this situation is clearly a washout pattern characterized by sideways movement instead of a decline.
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Grayscale will add 35 crypto assets in the future, and will focus on 7 currencies!
At present, the market share of Bitcoin has risen faster than in previous bull markets, showing a unilateral blood-sucking state. We can also make a comparison of this data. The current market share of Bitcoin is 58.84%. The last 58.8% in history can be traced back to around April 5, 2021. It can be seen that the price at that time was exactly at the peak of 21 years, when it was almost 60,000 US dollars. It can only prove that the global consensus of Bitcoin is very high, and large institutions like to hoard Bitcoin. However, historical experience can also show that the Bitcoin season and the cottage season are alternately rotated. After the Bitcoin pull-up is completed, the next round of the cottage season may not be far away.
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When I understood "people"
I made 44,300 in the cryptocurrency world in August, which is terrible.
I earned 743,000 yuan in the cryptocurrency circle in September.
I finally achieved my goal of earning 500,000 yuan a month. And I exceeded it by a lot.
Today is October 7th.
I made 13,000 today. Let's see how much I can make in October.
I plan to use the money I earn to buy U.S. stocks.
I still managed to be penniless and live a very simple life.
Why am I like this? Because I am not obsessed with material things.
I am completely unable to satisfy myself through consuming material things.
I believe from the bottom of my heart that spending a lot of money on consumer goods is like being ripped off.
I don't like doing this. I don't have any big goals in life.
I earned 743,000 yuan in the cryptocurrency circle in September.
I finally achieved my goal of earning 500,000 yuan a month. And I exceeded it by a lot.
Today is October 7th.
I made 13,000 today. Let's see how much I can make in October.
I plan to use the money I earn to buy U.S. stocks.
I still managed to be penniless and live a very simple life.
Why am I like this? Because I am not obsessed with material things.
I am completely unable to satisfy myself through consuming material things.
I believe from the bottom of my heart that spending a lot of money on consumer goods is like being ripped off.
I don't like doing this. I don't have any big goals in life.
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Interpretation of the 2024 Crypto Wealth Report
The "Crypto Wealth Report 2024" was released by Henley & Partners, which provides a detailed analysis of the wealth distribution and growth trends in the global cryptocurrency market.
As of August 2024, the number of cryptocurrency millionaires worldwide increased by 95% year-on-year to 172,300. Among them, the number of individuals holding Bitcoin assets of more than $1 million increased by 103% to 85,400.
The report also pointed out that the number of individuals with cryptocurrency assets exceeding US$100 million increased to 325, and the number of billionaires increased to 28, an increase of 6 from the same period last year. This significant growth is primarily due to the successful launch of the Bitcoin ETF and its rapid growth. Since being approved in January 2024, the asset size of Bitcoin ETF has exceeded US$50 billion, and the participation of institutional investors has increased significantly.
As of August 2024, the number of cryptocurrency millionaires worldwide increased by 95% year-on-year to 172,300. Among them, the number of individuals holding Bitcoin assets of more than $1 million increased by 103% to 85,400.
The report also pointed out that the number of individuals with cryptocurrency assets exceeding US$100 million increased to 325, and the number of billionaires increased to 28, an increase of 6 from the same period last year. This significant growth is primarily due to the successful launch of the Bitcoin ETF and its rapid growth. Since being approved in January 2024, the asset size of Bitcoin ETF has exceeded US$50 billion, and the participation of institutional investors has increased significantly.
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To change the results, first change your mindset
In the cryptocurrency world, I dare say that 99% of people believe that they want to get rich.
They would say, if I don’t want to make money, why would I come to the cryptocurrency circle? This set of values makes most people lose miserably. If the concept is wrong, the outcome is already doomed.
A friend who had been unlucky in the past few years has started to get lucky this year and has become rich. When he talked to me about coins, he asked me how this and that were. I said that I should just buy Bitcoin, because other coins are easy to lose money. He said that I have never lost money. I asked him why he said that. He said that this is how he plays with coins, and he only buys a few hundred of each.
I didn’t do much. I could make tens of thousands of dollars when the bull market came. It was like this every time. His most classic case was that he bought a coin called lend very early on, which was later converted into aave and rose tremendously. He bought this lend for 5,000 yuan, and later it rose to hundreds of thousands.
They would say, if I don’t want to make money, why would I come to the cryptocurrency circle? This set of values makes most people lose miserably. If the concept is wrong, the outcome is already doomed.
A friend who had been unlucky in the past few years has started to get lucky this year and has become rich. When he talked to me about coins, he asked me how this and that were. I said that I should just buy Bitcoin, because other coins are easy to lose money. He said that I have never lost money. I asked him why he said that. He said that this is how he plays with coins, and he only buys a few hundred of each.
I didn’t do much. I could make tens of thousands of dollars when the bull market came. It was like this every time. His most classic case was that he bought a coin called lend very early on, which was later converted into aave and rose tremendously. He bought this lend for 5,000 yuan, and later it rose to hundreds of thousands.
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