Why are many people keen on cryptocurrency?
Because it provides an opportunity to pursue sudden wealth.
In today's society, most people's income mainly depends on work,
and many people even find it difficult to earn 500 yuan a day. In a year, the income may be only 150,000-200,000 yuan.
In the field of cryptocurrency, through a simple hoarding strategy, some people doubled 10,000 yuan to 480,000 yuan in the bull market, which is a real case.
Ethereum rose from $88 in March 2020 to $4,800 in November 2021, an increase of 48 times.
Imagine that if you invest 100,000 yuan, it may become 4.8 million yuan in the bull market. In contrast, even if you have an annual salary of 200,000, it will take 24 years to reach this level. For someone who just graduated at the age of 23, it means that you can accumulate such wealth at the age of 47.
The wealth of cryptocurrency grows faster, and you only need to invest money in the bull market and wait for a year to achieve it. This temptation is undoubtedly huge. The 48-fold increase is not an exaggeration in cryptocurrencies. In the 2021 bull market, Dogecoin, Shitcoin, etc. have returned hundreds or even tens of thousands of times.
In addition, cryptocurrencies also provide leverage contracts of up to 100 times. It is not uncommon for investors to make huge profits in a short period of time with a small amount of principal. This excitement and pleasure attracted a large number of investors.
