For most of us ordinary people, investing in cryptocurrency may not necessarily lead to financial freedom, but it is still very likely to increase your wealth by an order of magnitude. Looking at the historical growth of cryptocurrency, there is no doubt that the price of Bitcoin was only around 5,000 yuan at the beginning of 2017, but by the end of the year, it had surged to more than 130,000 yuan, a 20-fold increase. This is basically not the case with other financial assets.
With the popularization of blockchain technology, more and more people will know about and invest in encrypted assets. Global supervision will also make the chaotic blockchain market more and more standardized. The entry of many financial investment institutions and the layout of large Internet companies will make the growth of blockchain digital assets smaller and smaller. It should be difficult to encounter tokens that increase by hundreds of times, and the window of opportunity left for ordinary people like us will become shorter and shorter.
However, even so, compared with other financial assets, crypto assets are still excellent investment targets, and are most likely to be opportunities for ordinary people like us to turn things around. For ordinary people like us, if we want to make money in this market and increase the scale of our wealth, what do we mainly rely on?
First of all, patience is a must. We need to be friends with time and stand on the side of time. For the big guys, a 10% increase in 10 million assets means a profit of 1 million. What they pursue is stable appreciation and low-risk arbitrage opportunities because of the high level of their assets.
But for ordinary people like us, it is impossible to have so much investment capital at the beginning. Most ordinary people may only invest about 100,000 yuan in blockchain assets. The way we pursue returns is destined to be different from theirs. If we only pursue a 10% risk-free return, we will only earn about 10,000 yuan, which is far from our goal. A small amount of capital pursues a multiplication effect. After a ten- or twenty-fold increase, our assets will be likely to be close to theirs.
In the cryptocurrency world, if you want to increase your assets by dozens of times, the prerequisite is that the underlying asset must be a long-term bullish investment product. Looking at the cryptocurrency world, Bitcoin best meets this standard. Then you need to hold it for a long time and use the power of time to increase the value of your assets, otherwise your assets will never keep up with others. Therefore, for most of us ordinary people, the initial investment capital is not much, and we can only extend our plans and have the patience to hold it for a long time. Otherwise, what better way is there?
I remember that in Mr. Li’s sharing, he clearly defined the long-term as two major cycles, that is, continuous fixed investment for several years, only buying and not selling, and the holding time must be at least two cycles. After two major cycles, the asset increase may be as high as dozens of times. If you invest 1,500 yuan a month, this is not too much for many white-collar workers, it is acceptable, and it does not affect the overall life. Continuous investment for 6 years, the cumulative investment principal reaches 108,000 yuan. If after two major cycles, the assets increase by 20 times, will there be 2 million assets?
For those who have a capital of 10 million, if their assets increase by 20%, they can earn 2 million, while most of us ordinary people have to continue to invest for 6 years to achieve this, but this is already a shortcut, there is no other more reliable asset that can have such a big increase. Work hard, make money, and invest every month. Although we cannot compete with the amount of capital, time is our capital. We can compete with time and patience, because we have little starting capital.
It is easier said than done to continue to invest for several years, which is what Mr. Li said, long-term investment is simple but not easy. You may be able to stick to it for one year, but most people cannot stick to it for six or seven years. Especially in the cryptocurrency circle, bear market is the norm and bull market is a matter of a moment. According to statistics, 900 days out of 1,000 days are in bear market and only 100 days are in bull market. Continuing to invest for several years means that we have to continue to invest in bear market, and the income is negative for a long time. Most people cannot stand to stick to investing in the case of long-term losses.
Therefore, if you want to continue to invest for a few years, in addition to making more money, you must also continue to learn and strive to improve your cognition. Otherwise, you will not be able to persist and will not be able to hold on for that long. Not only do you need to learn about blockchain assets, but you must also learn the basic knowledge of investment. Just like Jiu Shen said, getting off too early is only because the vision is too small. We must regard Bitcoin assets as global store of value assets, such as global real estate, global stock markets, gold, etc. We must deeply understand its advantages and its differences from traditional financial assets. If you cannot deeply understand Bitcoin, you will not be able to hold it for that long.
In short, for ordinary people like us, in the cryptocurrency market, time is our friend and our capital. When the amount of capital that can be invested is small, only by standing on the side of time, being patient and holding for a long time, and constantly learning, can we achieve an increase in the magnitude of wealth. #币安合约锦标赛