In the cryptocurrency world, if you don't have a benefactor to help you and you have no talent, it will take you three cycles to achieve financial freedom.
First Cycle:
When you first enter the cryptocurrency world, you may be attracted by those stories of getting rich quickly. Regardless of your personality, seeing the market rise every day, you decide to jump in. At first, everything seems to go smoothly, but when the bear market hits, you realize the risks, and you might end up losing all your principal.
Second Cycle:
After experiencing a bull and bear market, you begin to crave wealth even more. You learn to gather information from various sources and try swing trading. When the bull market comes again, you indeed make some profit, but greed causes you to miss the best selling point. Once the bull market ends, you choose to hold, hoping for the next wave of market movement.
Third Cycle:
After multiple bear market trials, you finally understand the cruelty of the market. Although most of your assets may have evaporated, you still hold on. Through this round of learning, you have mastered how to select coins, judge market trends, and know when to sell during market craziness. This time, you truly understand the rules of the cryptocurrency world and begin to maintain calm between buying and selling.
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