Phase One: Entering at the peak, the wealth code seems just within reach
Recently, some of you may have heard friends talking about cryptocurrency. "Dude, seize this bull market, you're just one step away from financial freedom!" This is for friends who have just entered this circle.
With a hint of doubt and more curiosity, I invested some spare money and chose a few popular projects. Who knew, they actually rose!
That feeling is like a stepping stone to financial freedom. It starts to feel like this industry is truly magical, with no difficulty or threshold, even newbies can earn. Thinking to invest a bit more, this time I will definitely be the "chosen one" in my friend circle who drives luxury cars and buys houses.
Phase Two: Addicted to increasing positions, waking up from the bear market dream
As the numbers in your account grow day by day, your "ambition" also expands. To let your funds "snowball", you start investing heavily in some new projects.
Then, the nightmare came—
A certain token project's funds retraced, trading volume surged, and the price plummeted overnight. You panicked, cut your losses, resulting in not only losing earlier profits but also diminishing the principal.
Emotions plummet from "financial freedom is about to be achieved" to "cryptocurrency really is a scam".
In fact, the root of the problem lies within oneself:
• Blindly following the crowd: Entering the market only hearing stories of "profits from rises" without truly understanding the project's background and risks.
• Lack of planning: Investing heavily without a clear investment strategy or setting stop-loss points.
• Short-sightedness: Treating investment as a short-term "gamble" rather than long-term risk management.
Investing is a management of risk, not an illusion of returns.
Investing in cryptocurrency is not a game of luck. It requires real learning and understanding:
1. Conduct in-depth research on the project: Understand the token's circulation mechanism, application scenarios, and team background.
2. Analyze market trends: A bull market does not mean every project will rise; a bear market is when project value is truly tested.
3. Develop a risk control plan: Set stop-loss points, control position ratios, and avoid putting all your eggs in one basket.
So before making any decisions, ask yourself:
"Am I really ready?"
Opportunities are only left for those who are prepared; luck is merely a short-term cover. Rather than getting rich overnight, it's better to understand the market rules step by step. Financial freedom is not achieved through fantasy, but through calm thinking, clear strategies, and long-term persistence.
"Don't ask when the bull market will come; first think about whether you can survive the bear market."