Is there really anyone who has become rich overnight by buying altcoins?
In the bull market, to be honest, there are many people who have become rich overnight by buying altcoins. What I mean by getting rich overnight is to make millions or tens of millions of dollars from 100,000 to 500,000 yuan.
It can be seen that getting rich overnight is conditional. In terms of capital, no matter how good the bull market is, the average increase is 10-30 times, and the increase of 100 times is too rare and can be ignored. So let's calculate it based on the highest value of 30 times. I think this result is very good. Everyone should have no objection. So to get rich, at least buy 100,000 to 500,000 yuan of funds. It is considered rich only when the profit reaches 3 million to 15 million yuan.
So here we can know that the conditions for buying altcoins to get rich overnight in the usual sense generally require a principal of more than 100,000 yuan and a profit of about 30 times. But here I want to say that people who like to buy altcoins like to take risks, and the huge profits from taking risks will make them like taking risks even more. It is impossible for them to make 5 million or 20 million and then put the money in the bank to buy financial products. No one should object to my saying this!
This is the identity of human nature. You cannot change your nature to a stable one in a bull market.
Since taking risks is your nature, you should follow at least 5 out of 10 of all the risk-takers in the market.
So if you encounter Fcoin running away, ust crashing, and ftx running away, do you have the confidence to avoid it? The more you know in this circle, the greater the risks and temptations you face. #BTC下跌分析 #币安7周年 #美国6月非农数据高于预期 #德国政府转移比特币 #美联储何时降息?