Entering the cryptocurrency world is often driven by the myth of friends around you becoming rich overnight. However, reality often contradicts dreams. In most cases, newcomers face losses in their initial attempts in the crypto space or earn small profits, like a few hundred thousand, but such situations are quite rare.
The primary stage of entering the cryptocurrency world is learning and exploring, a process often accompanied by the loss of funds. For newcomers, due to lack of experience, it is difficult to invest large sums boldly. Of course, there are a few lucky ones who can make a profit in the first cycle; they either receive guidance from experts or possess a natural keen insight. But such examples are indeed rare, and most ordinary people still need to endure the baptism of the first cycle.
Accumulating wealth in the cryptocurrency space typically requires two to three cycles, or three to five years. Those who seem to become rich overnight during a bull market often have been deeply involved in the crypto world for many years. True success is not about short-term gains of hundreds of thousands, but rather the accumulation of millions or even tens of millions.
After enduring a cycle, if you can survive, it means you have initially integrated into this circle. Here, you will meet many like-minded friends and explore the mysteries of the crypto world together. Then comes buying, hoarding coins, and trying various low-cost arbitrage projects. In the second cycle, you can expect to achieve financial freedom, transitioning from tens of thousands to millions or tens of millions.
In the cryptocurrency world, anything is possible. However, to achieve this goal, the best way is to pay for learning and seek advice from successful individuals. Of course, you can explore on your own, but it is slower and information is limited. Those in the third cycle often achieve a worry-free life, where any project could bring millions in returns. This is the compounding effect of the crypto space, where wealth continues to appreciate over time.
Therefore, from now on, let go of obsessions and learn from others with a humble attitude. Rapidly accumulate resources in the circle; even if you currently have a monthly income of only five thousand, you will never be poor in the next cycle on this opportunity-filled track of the cryptocurrency world. Remember, the cryptocurrency world is a realm full of variables, but as long as you have determination and patience, you will surely find your path to wealth here.