After graduating from university, my life wandered between Hangzhou and Hunan. I had no house or car, and my monthly consumption was about 3,000 yuan. I lived a simple but fulfilling life. However, behind this ordinariness, there is a story about struggle and wisdom.
How I got started
1. Accumulate initial capital
During my college years, I actively participated in various projects and constantly tried different part-time jobs and tasks: Taobao customer, order brushing, express delivery, APP charging, etc. Through these efforts, I not only accumulated valuable experience, but also saved 50,000 yuan in start-up capital. This money has become the cornerstone of my future entrepreneurship and investment, and also let me see the hope of changing my destiny through my own efforts.
2. Join the cryptocurrency community
After getting the start-up capital, I chose a hot but risky field - cryptocurrency. At first, I was scared off by the high price of Bitcoin (BTC) and turned my attention to Ethereum (ETH). Using leverage, I not only invested in ETH, but also got involved in the spot market of some altcoins. Through reasonable position management, I controlled small losses when the market was not good, and achieved substantial profits when the market was hot.
Why choose to enter the cryptocurrency circle
"If you want to change your destiny, you must try the cryptocurrency world." This was my firm belief at the time. I know very well that it is difficult for ordinary people to quickly accumulate wealth in traditional industries, and the cryptocurrency world provides an opportunity to quickly achieve wealth growth. If you cannot succeed in this field, perhaps ordinary people will really have a hard time turning over in their lifetime.
My investment experience
Everyone has different expectations for the cryptocurrency world, but how to properly plan limited funds is crucial. Let me explain with a simple example:
Suppose you have two identical funds, one invested in BTC and earned 30%, and the other invested in ETH but lost 30%. What would you do in this situation?
1. A. Both are held
2. B. Sell BTC to cover ETH
3. C. Sell ETH to cover BTC
4. D. Clear both
Statistics show that 80% of people will choose to sell profitable BTC to cover their losing ETH. They think BTC has risen too much and are worried about its decline, and the more ETH falls, the lower the risk of covering the position seems. However, the phenomenon of "the strong always strong, the weak always weak" often occurs in the market: after selling BTC, BTC continues to rise, while ETH may continue to fall. Many people will regret it at this time and realize that the initial choice was actually wrong - if neither of them had moved, at least one of them could have been guaranteed to be profitable.
In fact, selling ETH to cover BTC (option C), although it seems counterintuitive, is often the best option. This "always wrong two-choice" dilemma is a common problem most investors encounter in the market.
My conclusion
Through many actual operations, I found that the order of returns is roughly: C > A > D > B. Next time if you encounter a similar situation, you might as well be brave, go against your intuition, and try a seemingly "unreliable" option. Because the investment market is always anti-human, success often lies in making decisions that are contrary to the behavior of the masses.
