This is what a high-volatility market is like. You want to get rich, but 99% of people end up losing money.

Most people are always buying altcoins, thinking about multiplying 10 or 20 times. Wake up, it's unrealistic, brother. . .

Yesterday someone asked, Brother Wangzai, can altcoins still break new highs?

The logic is that as long as the bull market is still there, altcoins can break new highs. This logic is simply untenable. The bull market of Bitcoin and the bull market of altcoins have long been unrelated.

The new altcoins launched this year generally have a circulation of only about 10%. The most obvious example is ARB, the token fell from 2.4 to 0.8, and the market value is still 2.5 billion dollars. If it returns to 2.4, the market value will become 7 billion. Then will other L2s rise? Then will ETH rise? Then will Bitcoin rise? How much money is needed to undertake all the rises? There is no independence for altcoins at all.

Whether 99% of people in the financial market are dreaming of buying altcoins, or 99% of people in society are making wedding clothes for a few rich people, the ending is the same.

In the end, only a very few people can really make a profit, and most people can only exhaust their resources and energy in the process.

The cruelest truth of this world is that 99% of the poor who work hard but have low cognition feed the 1% of the rich who sit back and enjoy the fruits of their labor.

In order to consolidate their position, the rich constantly design rules to restrict and manipulate the poor. The wealth of the rich comes from the labor of the poor. The harder the poor work, the richer the rich are. This is the truth of "getting rich through hard work".

So. The question is, what do we need to do?

Accept getting rich slowly, not getting rich overnight. Play more high-certainty things, do more stable things, or do something in the primary market.

Take pendle as an example. If you do a PT, usde, the annualized rate is 40 points.

Add some other operations, and if you have done it before in one period, there is no problem with an annualized rate of 60-70 points. Still in the case of large positions.

You make 40 points in a year with large positions and large funds. Very few.

In the secondary market, except for things with high certainty such as big cakes.

Other things are difficult.

Play more in the primary market and do more things with high certainty.

Don't bet on the rise and fall, it's boring, really. .

#币安HODLer空投 3 #Mt.Gox将启动偿还计划 Shanzhaicoin #USDe #LUNA退市风波