From scratch, how can a millionaire build a million-dollar business with $100 in 90 days?
First, solve the basic issues of food and housing, which is the first step in starting a business. Then, start looking for business opportunities; every step is crucial and interconnected.
In the cryptocurrency sphere, many people believe that capital is the primary condition for success, but often get stuck at this step. However, the real key lies in the mindset and problem-solving ability.
Trading cryptocurrencies is the same.
It's not that having $100,000 or $1 million to trade cryptocurrencies guarantees profit, nor does having only $1,000 mean you can't make big money. The key lies in your **trading strategy** and **risk management**.
On the contrary, you might be more psychologically stable than those with $100,000 or $1 million. After all, a loss is only $1,000; it can be earned back and started over.
However, once you master the basic laws of the cryptocurrency sphere and integrate these laws into your experience, accumulating bit by bit, you will ultimately form an effective **logical thinking** process, making it smooth and simple to earn money.
Professional terms in the cryptocurrency sphere:
- Hard fork: A permanent divergence in blockchain, forming two different chains.
- Oracle: A tool that provides trusted data on-chain, serving as a bridge linking blockchain and the real world.
- Metaverse: A virtual world that maps and interacts with the real world, featuring a new social system and digital living space.
Monetization strategy:
- Exchange sale: Transfer digital currency to an exchange account for sale, then withdraw fiat currency to a bank account.
- P2P trading: Trade directly with other users through a third-party platform, bypassing intermediaries.
- OTC trading: A monetization method suitable for large transactions, allowing investors to negotiate directly with buyers.
A bull market is coming, and I plan to invest in some tokens that are about to receive positive news, while also looking for some coins with long-term potential to hold until the end of the year. Follow Brother Rui for free sharing.