How to turn 1600 into 100,000 in the crypto world?
The perspective of a novice in the crypto world: Invest 10,000 yuan, wait 10 years without expecting to reach 1 million, and never sell even if it rises 100 times.
But the reality of the crypto world:
Situation 1:
You invest 10,000 yuan, and by the next day, only 5,000 remains.
That night, you find it hard to sleep.
From then on, every night you wake up startled, you check the exchange for market trends.
Then you consider whether to cut your losses, thinking about waiting until it rises back to your principal to sell.
As a result, after a month, it climbs to 9,000, and you think, if I sell now, I’ll have nothing left, I should hold on, I must have faith.
However, the price continues to decline steadily. After six months or a year, your asset fluctuates between 1,000 and 6,000, and your unwillingness gradually wears away.
Finally, when it reaches 6,000, you can’t wait any longer and sell at a loss.
Situation 2:
You invest 10,000 yuan, and after a few months, due to ups and downs, it becomes 12,000.
Then, you decisively sell, hoping for a lower entry point.
You are full of confidence, but the price rises to 15,000 and 20,000, and out of fear of missing out, you buy again at a higher price.
However, your cost has already doubled, and then the price plummets back to 6,000.
The first step into the crypto world is learning how to lose money.
Although it may not help to say this, I will keep saying it.
Only when you have truly lost money will you understand the reasoning behind my words. Friends who have experienced losses, do you think I’m right?
Next, we are going to ambush a project that will skyrocket in the short term.
The same news, layout, opportunities, and price increases will be known first by the fan group!
