Conflicted interests...

In China, how can an ordinary citizen become wealthy?

It is evident that ordinary Chinese citizens find it difficult to find other channels for wealth accumulation besides working, doing business, or investing in real estate and stock funds.

At work, most people earn a salary honestly; the vast majority are ordinary wage earners, unless you can climb to middle or senior management in a large enterprise.

In business, I believe everyone understands that the current environment in our country makes it difficult to earn money that grants financial freedom; it is hard to find the next big opportunity, and most ordinary people are not cut out for business.

Real estate was a good choice a few years ago, but currently, under the high-pressure policy of housing not for speculation, the future development is hard to predict.

This question clearly asks us to answer why so many people are still keen on trading cryptocurrencies. However, I have said so much because I want to express that the channels for ordinary Chinese citizens to accumulate wealth are very narrow, yet the desire for wealth is a beautiful wish for everyone's future life.

The virtual currency market is precisely the tool through which we can realize such a wish. Whether you call it a Ponzi scheme or a place for harvesting leeks, it is undeniable that many people's investments have failed here, but many others have achieved financial freedom through this market. I am also one of the beneficiaries; I am an ordinary office worker. Although my salary is quite high, I have always been in a situation where I am better off than some but not as well off as others. This year's bull market in virtual currency has brought me a profit of 500,000. Combined with my salary and other side income, my total income this year has reached around 900,000. Although I am still far from financial freedom, I can clearly see that this market can generate profits, and it is still in the early stages of development, making it a relatively good investment channel for office workers.

In fact, there are not many people trading cryptocurrencies in the country. Take the SHIB project, which has been extremely popular this year, for example. As of today, the number of global holding addresses is only 940,000. Some research institutions estimate that the number of holding addresses for Bitcoin globally is just over 30 million, while Ethereum has around 170 million holding addresses. Since a user can have multiple addresses and some people create thousands of addresses, it can be estimated that there are no more than 100 million investors in the global virtual currency market. In our country, the number of investors in the Shanghai and Shenzhen stock markets has already reached 177 million, and with the government's crackdown on cryptocurrency trading this year, the number of people trading cryptocurrencies domestically is relatively small.

If you ask me whether the virtual currency market is worth investing in, I would tell you that, to some extent, it is worth it. The secondary market is a good choice for optimizing personal asset allocation. If you want to get rich quickly, you can also choose the primary market, which has greater risks and returns. However, one must act within their capacity; entering the market comes with risks, and investment must be cautious. This statement is an eternal truth.

To be honest, those who have lost everything in cryptocurrency trading exhibit this trait in any industry. The A-share market has never lacked stories of individuals jumping off buildings, and the oil futures market has never lacked tales of bankrupt oil vendors. Seeing businesspeople turning into debtors or bankrupt and fleeing is also not surprising.

In the capital market, when talking about capital, where there are gains, there are also losses. It is important to understand that the profits gained in the capital market are at the expense of others' losses. There is no market where everyone wins. Even during the great Tulip Mania, there were always some people who made considerable profits, although more people ended up getting trapped.

Finally, I want to say that those who are keen on trading cryptocurrencies actually hope to become rich; this wish is inherently not wrong.


These days, I am preparing for the upcoming layout of a divine order!!!
It's quite simple to double your investment.
I am also preparing to find some potential coins to hold until the end of the year.
Comment 888 to get on board!!!
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