Without a benefactor and talent, you must endure three cycles in the cryptocurrency world
First Cycle: When you first come into contact with the cryptocurrency world, you may be attracted by the stories of sudden wealth around you or rumors online. Regardless of whether you have a conservative or adventurous personality, you may invest in it. Initially, the market seems to rise every day, and you are full of hope, unaware of the risks. But the good times don't last long, as a bear market arrives, and the market declines sharply, ultimately leading you to lose all your principal.
Second Cycle: After experiencing a round of bull and bear cycles, you become more persistent and extremely eager for wealth. Amidst the market fluctuations, you begin to seek information everywhere and try to engage in swing trading. When the bull market comes again, you make a decent profit, but greed may cause you to miss the best selling opportunity. When the bull market ends, you may still choose to hold on, hoping for the next cycle.
Third Cycle: After enduring another round of bear market torment, you understand the cruelty of the market even more. Most assets may have gone to zero, but you still hold your ground in the cryptocurrency world. You learn how to select targets, judge the market conditions, and know when to sell amidst the noise of the market. This time, you truly understand the operating rules of the cryptocurrency world and can remain calm between buying and selling. Eventually, you realize you have become a millionaire.
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