In the cryptocurrency world, achieving wealth freedom often requires three cycles:
The first cycle:
When you first enter the cryptocurrency world, you may be attracted by the stories of getting rich quickly or the rumors on the Internet. Whether you are a conservative or adventurous investor, you may invest in it. At first, the market seems to rise every day, and you are full of hope and know nothing about the risks. However, the good times don't last long. The arrival of the bear market caused the market to fall sharply, and you may eventually lose all your principal.
The second cycle:
After experiencing the first bull-bear cycle, you become more persistent and your desire for wealth becomes stronger. In the ups and downs of the market, you begin to actively seek information and try swing trading. When the bull market comes again, you may make a lot of money, but greed may cause you to miss the best time to sell. After the bull market ends, you may still choose to hold on and look forward to the arrival of the next cycle.
The third cycle:
After experiencing another round of bear market, you have a deeper understanding of the cruelty of the market. Although most of your assets may have returned to zero, you still stick to the cryptocurrency world. You have learned how to choose targets, judge the market, and know how to sell in time when the market is noisy. This time, you truly understand the rules of the currency circle and can stay calm between buying and selling. In the end, you will find that you have become a millionaire.