In the currency circle, the biggest illusion is undoubtedly the exciting illusion - it seems that making money has become easy. However, the cruel fact is that 99% of the participants will eventually face losses. This illusion stems from a misunderstanding of the complexity of the currency circle. Many people mistakenly believe that as long as they invest money, they can easily achieve wealth growth.
However, the real currency circle bosses do not make their fortunes by simple transactions, but by the power of compound interest, such as mining and hoarding coins. According to statistics, among the top ten richest people in the currency circle, 8 are mining giants, and the other 2 are the founders of exchanges. These data reveal an indisputable fact: in the currency circle, those who really make a lot of money are those who can stick to long-term strategies and accumulate wealth through the compound interest effect.
The Internet is full of myths about achieving huge wealth growth through transactions in a short period of time, such as making 1 million from 500U, 100 million from 5000U, and even soaring from 1000 yuan to 1 billion. However, in reality, there are very few such examples, almost one in ten thousand. These stories are often just eye-catching gimmicks, making people mistakenly believe that the cryptocurrency world is a place where you can easily get rich.
I have been in the cryptocurrency world since 2017, and I have deeply realized a truth: truly stable wealth growth requires making money off-site, and then buying high-quality assets such as Bitcoin on the market. I always insist on doing a good job of asset allocation, participating with small funds when there are hot spots, and leaving when I make money, never greedy. This strategy allows me to often seize market opportunities. Even if I occasionally sell it, I also make my own profits.
Those who try to make more profits through trading often end up with zero because of greed. In the cryptocurrency world, stability and patience are the keys to success. Earning extra income through strategies such as arbitrage, and then constantly buying high-quality assets such as Bitcoin, this is the principle I adhere to in the cryptocurrency world. I believe that only time can prove who is the real winner.
