It took me 4 years of participating and learning from the crypto market to draw these valuable lessons. You can grasp them in just a few minutes and apply them immediately to optimize your investment journey.
1. Bitcoin is a scarce asset, and its distribution is always uneven.
Regardless of whether the market goes up or down, one fact never changes: only 8% of people hold the entire limited supply of 21 million Bitcoins.
2. Financial management skills surpass all technical analysis
Many people make the mistake of spending too much time learning technical analysis or deeply researching new coins. But in reality, controlling financial discipline, allocating capital wisely, and managing risk are a hundred times more important. These are the core factors that determine success or failure in investing.
3. Generate passive income without the need for constant trading
The crypto market offers many opportunities to generate passive income, from staking, lending, to farming. You don't need to keep your eyes glued to the screen or trade daily to 'make money even while you sleep.'
The secret to long-term investing
Over the past 15 years, Bitcoin has provided an average annual return of over 100%. However, very few people actually benefit from this. Why? Because most fall into the trap of get-rich-quick thinking. Instead of chasing trends, consider the following strategy:
70% Bitcoin, 30% Ethereum: A simple yet effective investment portfolio that helps you reduce risk and maximize long-term profits.
Focus on the basics: If you cannot spend at least 4 hours each day researching the market, set aside complex matters and focus on core assets like BTC and ETH.
Taking control of your investment journey
Do not rely on the advice of others, whether they are experts or celebrities. Instead, consider:
Self-study, analyze, and make decisions.
Learn from your own mistakes, as this is the fastest way to build skills and discipline.
By taking control yourself, you will not only increase your chances of success but also avoid disappointments or losses from misplaced trust.
Investing to enhance the quality of life
The essence of investing is not just to get rich, but to enhance the quality of life. If crypto can help you achieve this, it is a field worth pursuing. If not, perhaps you need to reevaluate your strategy.
The crypto market has evolved from a novel technology into a financial ecosystem tied to global economic trends. The biggest opportunities often arise when the majority still have doubts. Once everyone participates, the potential for profit will decrease significantly.
Invest wisely, think thoroughly, and let crypto be a springboard for a better future. Opportunities lie in preparation and long-term thinking.