Perception determines everything

The cryptocurrency circle is a place where the poor get poorer and the rich get richer. There are not so many legends of getting rich overnight, nor so many nouveau riche.

A rich man has 100 million yuan, he only takes spot, 20% profit out, and a steady profit of 20 million yuan. If there is no 20% profit, then he will hold on to it.

A poor man has only 100,000 yuan. If he takes spot, even if there is a 20% profit, it is only 20,000 yuan, which is not enough for living expenses. So he can only play with leverage and treat 100,000 yuan as 1 million yuan.

In this way, if there is a 20% profit, he will have a profit of 200,000 yuan, but the truth is cruel, and in the end, basically all the positions are liquidated.

There are also some poor people who have heard various legends of [four ounces to move a thousand pounds], so they use their money to flush the local dogs, and in the end 99.9999% of them are dead. It is not certain whether the 0.0001% who are really alive are real people or the project party’s rat warehouse.

Therefore, you still have to trade in mainstream spot to make a profit. As long as you don't make a profit, you will definitely make money in the end. Then compound interest will continue, and you don't need much investment at all. The power of compound interest is infinite.

In fact, developing good trading habits and mentality, and firmly controlling your desires and emotions are more important than how much money you make.