A fan shared his investment experience. As a rookie who just got into the cryptocurrency circle, he once tried 150,000 yuan to test the waters. Guess what? Now the money has turned into 2 million yuan. What's more amazing is that he made 12 million yuan in the last bull market! It's just like winning the lottery!
His story started in early 2020. At that time, he was a young man born after 1995 who had just graduated and worked in e-commerce in Shenzhen. Although he could earn 20,000 to 30,000 yuan a month, he could only save more than 10,000 yuan after deducting expenses. Looking at the high housing prices in Shenzhen, he knew that with this salary, it would take a long time to save enough for the down payment!
Fortunately, he later came into contact with the cryptocurrency world. In this seemingly magical and a little scary world, he saw an opportunity to make money with virtual currency. So he plucked up the courage and invested most of his savings in the digital currency market. He mainly bought Ethereum (ETH) and some Bitcoin (BTC), and also invested in some potential altcoins.
In the ups and downs of the market, even during the 519 crash, he was not scared, but took the opportunity to buy some more altcoins that he was optimistic about. It turns out that his trick really works! When Bitcoin broke through the historical high of $69,000 in November 2021, his assets also soared!
But he is not the kind of greedy person. When he found that the market was starting to go wrong, he decisively cleared most of his positions. At that time, the price of Bitcoin had fallen to around 58,000, and Ethereum was also stable at around 4,400. His decision was so wise! Most of the retail investors who still had fantasies and wanted to make more money are now stuck.
After this bull market, he actually had 12 million in his account! He quickly used 4 million to pay the down payment for a house in Shenzhen (he transferred his household registration to Shenzhen after graduation, and after paying social security for three years, he was eligible to buy a house), and then took out 2 million for daily expenses. What about the remaining 6 million? He kept it in the exchange, ready to wait for the next opportunity to make money.
I think the key to making money in the cryptocurrency world is to find the right time, choose the right project, allocate the right position, and manage your money well. Only in this way can you make money steadily in the ups and downs of the market and make your assets more and more.
