There are too many stories of getting rich quickly in the cryptocurrency circle, and people always unconsciously believe those stories of getting rich quickly and ignore those cases where people lost their entire fortunes.

People are always overconfident in their own abilities, and appear modest to others.

In fact, everyone has an idea of ​​making 100 times more money in their mind, and they firmly believe that they can do it.

They actually think like this: if others can't do it, it doesn't mean I can't do it. Maybe I can do it. How can I know if I don't try?

So they set the goal of making a hundred times the profit right from the start, and the path to achieving this goal is to repeat transactions continuously and rely on contracts.

It is difficult to have both good things in the world. Things that come quickly are either risky or difficult. Things that come slowly are low risk and low difficulty.

Trading is the fastest way to make money, but it is also the hardest way to make money in the cryptocurrency world.

I asked a professional financial person, who makes money by market making. He earns 3 points a day, and his net profit can only be 1000U to 2000U.

He said that trading is the most difficult way to make money in investment. There are people who can do it, but he does not have the ability to do it.

He said that if a person makes his fortune through trading, then as long as he keeps doing it, he will eventually lose it all quickly.

Unless he stops doing it, or saves the bulk of his earnings.

If you think that making a living as a trader is difficult and requires strong abilities, then you must also acknowledge that human abilities cannot be achieved overnight, but require constant accumulation of experience and increasing one's own knowledge. Luck is unreliable.

So is it really right to choose the most difficult path right from the start?

Earnings from the cryptocurrency world = cryptocurrency worldview x (professional knowledge + research depth)

I think the way to make money should be from easy to difficult. This process is like learning a piece of knowledge or mastering a skill. If you learn the easy things, you can accumulate confidence and lay a solid foundation, then it will be easier to upgrade to the higher levels.

I categorize the cryptocurrency world into four levels: one, a glimpse into the realm of cryptocurrencies; two, becoming proficient; three, attaining perfection; and four, reaching the pinnacle.

At first glance, I can buy, but I don’t know which coin is good. I also don’t know when to sell. I don’t have the ability to make money, I can only lose money, and it is impossible to make money.

To be an expert is to know the cycle and be able to buy and sell. This ability is the ability to make 3-10 times in a bull market.

Being superb, knowing the project, knowing the cycle, knowing the hot concepts, knowing marketing, this ability is the ability that allows you to continuously earn 3-5 times. In a bull market, you can accumulate 3-5 times several times. You can earn dozens or even hundreds of times.

Reaching the pinnacle, that's Sun Ge, Xiao Lai, CZ, people at the top of the food chain. Ordinary people can't reach it, timing, luck, ability are all indispensable. There are very few people who reach the pinnacle, and after reaching the pinnacle, they are the peak. It is the limit, and this limit is created by them, so it is called the pinnacle. That itself is an existence that cannot be surpassed.

This is a glimpse of the method. I think it can be achieved in a day or a few days with some effort.

To enter the field, you need to have experienced both bull and bear markets for at least 2 years.

The time required to achieve perfection and the pinnacle of success cannot be measured. It takes at least 4 years. This state depends on the continuous accumulation of one's understanding and ability.

Therefore, everyone has the conditions to achieve mastery. And then with time, you can finally achieve superb skills.

The goal of 100 times can be completed in 2 or 3 stages. As long as you achieve 2 10 times, or 1 5 times, 1 5 times, and 1 4 times, you can complete the path of 100 times. It takes 2 or 3 cycles. This is the real process from easy to difficult.

Many people ignore the power of time, overestimate their own abilities, and thus lose great opportunities. They miss out a hundredfold.

Now many people know that Bitcoin can rise, maybe to 1 million, maybe to 10 million, or even 100 million. There are indeed people who believe in this.

But there is an unsolvable contradiction here. It takes a lot of time to reach this price.

However, the time people have to enjoy money is extremely limited, and the best time is between the ages of 18 and 50.

Therefore, after the age of 50, when you have a lot of money, there is not much point in simply enjoying yourself. The only thing you can do is live without any pressure.

This is why they are anxious to make money. This is also the reason why the miracle of compound interest has always been difficult to achieve.

So you won't envy Buffett who is over 90 years old and has hundreds of billions of dollars, but you will definitely envy a 20-year-old who has tens of millions.

So what would you choose if you were in that situation?

My suggestion is to choose the method from simple to difficult. First, hoard coins, try every possible way to increase the coins, accumulate enough coins, and sell them in the bull market. In the bull market, look for other hot concepts, get a little bit, and make more money.

This is something you can really control.

The art of trading lies in one's heart. People's desires are almost the same, but the market is ever-changing. It is really difficult to use human desires to seize the opportunity of market changes and make profits.

If you are really determined to do something difficult, then you should start with something simple.

If you do simple things and get good results in the end, you may give up the difficult things. You may end up doing simple things over and over again. That moment means you have realized it.