1. Don't think about getting rich overnight.
The cryptocurrency circle can indeed accumulate wealth faster than other circles in the current reality, but getting rich overnight only belongs to the super lucky and extremely smart people.
If your life has never been marked by these two labels, do not hold any fantasies about it. If you really are one of these two types of people, you shouldn't need to mix in the crypto world and should have already achieved financial freedom! So for those reading this response, you should completely eliminate this thought. To put it bluntly, the slogan of 'getting rich overnight' is just meant to fool the naive!
Making money in the cryptocurrency circle also requires time, determination, vision, and a bit of luck, just like in other circles, but the returns are higher!
Yuelin can help, but it's just sharing the skills learned from years of struggle. But in the end, Buddha saves those with fate.
2. Don't dwell on things that haven't happened.
There are always people secretly sighing while watching the market trends: if only I had bought in at the lowest point, or sold at the highest point, how much money I would have now...
Forget about things that haven't happened; the fact is: making money is more important than how much you earn!
Don't spend too much time researching small coins.
A common situation is that many people come to ask about the prospects of a coin they heard somewhere, even a certain restaurant owner says that their restaurant upstairs is working on a project and plans to invest a bit...
What can I say in response?
All I can say is 'good luck'...
Currently, there are about 8,000 types of coins listed on exchanges worldwide! How many do you understand? Adding those not on exchanges, it's simply impossible to keep up!
And even if you understand, it doesn't help much. In a bull market, everyone rises together; it doesn't matter which coin you buy, the profits are similar. In a bear market, many worthless coins are silent. If they haven't gone to zero, all you can do is wait for the major player to pull the price up again.
Moreover, you can't participate in the primary market of many coins, and in the secondary market, you have no information channels. A while ago, a small coin surged, but upon checking, the major player controlled over 90%. How many people really made money?
Even those who have information channels may not ensure making big money. Major players pull the price up to cash out, and when they get off, they find the car hasn't stopped, often hesitating to get back on. There are many cases where the operator dares not buy the position they raised themselves because they hold too many coins; the operator fears crashing the price, and there are also instances where they didn't get on.
So save more time to focus on researching a few valuable coins. Even if you miss this wave of ascent, you will eventually catch the next one. This is what was mentioned earlier about needing 'time and determination.'
What's important is when to get off.
Many big shots in the crypto world say 'never get off!'
But if you don't get off the car, what will you eat?
Almost all experts, scholars, and elite individuals who have learned about the crypto world, including the big names we invite to our private meetings, have reached a consensus: blockchain is bullish in the long run but will have fluctuations in the short term!
So those who have money to spend and are not worried about food and drink say: 'What's important is not when to get on the car, but to never get off!'
Although I agree that regardless of the current price, it is still low compared to the future, we need money to eat, so from a long-term perspective, never getting off is the way to go, but in the short term, following the fluctuations up and down is quite normal!
What's important is when to get off! When the coin value reaches the price you estimate in your heart, you can get off. As for whether it goes up or down after getting off, don't dwell on it.
Everyone who enters the crypto world wants to acquire wealth through the bull market; this is also the goal of every one of us entering this field.
But many people overlook whether they have the necessary abilities.
Just like in life, we all desire to grow quickly, but few consider that gradual growth is the result of continuous accumulation of self-power. It is said that great achievements come from deep foundations; we always think we can reach the top in one step.
We need to have enough patience to accumulate, which is the accumulation of knowledge, professional skills, and quality abilities, and we also need to have enough patience to wait for the opportunity to explode.
Just like in a bull market, what kind of returns you want to achieve doesn't simply depend on everyone thinking the bull market has arrived; it depends on what you have contributed during the long bear market, whether you have allowed yourself to settle down and deeply understand and cultivate this industry.
In life, the kinds of people you meet, the circles you integrate into, what you see, and what you experience will all affect the speed at which you advance to a higher level.