It usually takes three cycles for ordinary people to get rich in the cryptocurrency circle.
The first cycle.
You are usually attracted by the news of people around you or getting rich online. If you are a conservative person, you may buy a little to try. If you have a high risk appetite, you may buy a lot, or even take out a loan. At this time, the market is basically rising every day. You are ambitious and don’t know where the risks are. You only feel that the future is full of hope, and the wind all over the world is blowing the smell of money. You know nothing about what is a wash, what is running away, and what is a crash. You don’t know the cruelty of this market at all.
I thought to myself, it turns out that the cryptocurrency circle is so profitable. If I had known that I would sell my car and house, why would I work or go to work. You are extremely excited every day and have lost interest in everything. People also lack patience and look at the currency with their eyes open and closed.
Soon the bear market came, and the market fell at a rate of 10%-30% per day. You believe that it will rebound. In the end, you lost most of your principal.
The second cycle
People who were swept out of the first round of cycles and still chose to enter the cryptocurrency circle in the second cycle are persistent and extremely eager for wealth.
I have experienced the peak of the bull market full of hope, the bear market of the valley of despair, and the sideways correction period of ups and downs.
During the days of sideways and decline, your patience is almost exhausted.
You start to ask around for news, some make money and some lose money, and you only hear stories of people getting rich.
You start to fantasize, buy here, sell at a high point, and then buy it back. You start to have short-term wave thinking.
You are sure that there is a bull market, but you don’t know when it will come.
You plan to make other adjustments to your plan and make as much money as you can. Most of your money was consumed in the market before the bull market came.
The principal in your hand is getting less and less. At this time, the bull market started. You found that if you bought it, you didn’t care about anything. It is estimated that you have made 3 times the money, but now your assets are reduced by half. With the only little assets, you are sure that the bull market is coming this time. Cautious and radical people begin to become bold in the face of the opportunity to get rich, and you start buying. In less than 2 months, you really made 3 times the money.
At this time, the market is good, and there are good news everywhere, just to encourage you to buy, buy, and continue to hold.Every time you want to sell, there is always a voice telling you that this is just the beginning. Don't sell, don't sell. You must earn wealth and freedom in this wave.
In the end, the bull market ended suddenly. You were unwilling to accept it. You still decided not to sell. You believed that your coins were valuable and decided to hold them for the next big cycle.
The third cycle
The third cycle began. You have experienced another round of bear market torture. Most of the assets you bought before have returned to zero, leaving only Bitcoin and Ethereum.
At this time, you have not been swept out of the market and are still in the currency circle. You are very persistent and must make money in the market circle in this life.
You have not only learned how to choose high-quality targets, how to judge the market, what is a real hot spot, what is fake news, what is a new narrative, but also know how to sell in the midst of the crowd. In the struggle at the bottom of the bear market, you learned to short, learned to arbitrage, and learned to execute.
All this is the experience you have gained with your hard-earned money. The experience of one and a half cycles has all been converted into your experience value. This time, you learned about inscriptions, knew what the second layer is, and made money by playing gamefi games.
You understand that the cryptocurrency market is a market that emphasizes narratives over value, and how high a coin can fly depends entirely on the level of emotions.
Emotions influence the market, and the market is influenced by people's emotions. You thoroughly understand that this is the result of the entanglement of human greed and fear.
At this time, you can already detach your feelings and observe others from a third-person perspective. You can achieve no emotional fluctuations between buying and selling.
After the bull market ended, you saw that you were already A8, and it took 9 years to go from zero to A8.
You have realized the truth of making money in the cryptocurrency circle. Those with big money can buy rock sugar oranges, make good configurations, buy new narratives, and hold them. Those with only small money rely on new narratives, various physical labor to exchange for dividends from cryptocurrency airdrops, accumulate principal, and focus on new narratives in the bear market to exchange for big cakes and ether.
At this moment, you finally realized that your money really became your money.
Seeing the 8-digit number in the account, the gears of fate finally turned to you, and you were filled with emotion.
You who are giving a thumbs up in front of the screen at this moment will survive the storm and eventually reach A9+. Xiao Ming would like to congratulate you in advance.
