Many newcomers enter the cryptocurrency world often because they hear friends 'get rich quick.' However, the reality is that most beginners tend to incur losses at the start. Even if someone makes hundreds of thousands or even millions by luck, such cases are quite rare.

The first cycle in the cryptocurrency world is usually a learning period, during which losses are almost unavoidable. When first entering the market, the amount of money invested is generally not too much. Of course, there are a few individuals who manage to make money in this first cycle; these individuals can be categorized into two types: one type receives guidance from mentors and quickly establishes correct investment concepts through joining quality communities and systematic learning; the other type is exceptionally talented and discovers methods through personal exploration. However, most ordinary people find it difficult to avoid losses in this cycle.

Generally speaking, accumulating wealth in the cryptocurrency world requires going through two cycles, taking about 3-5 years. You see others earning hundreds of times their investment in a bull market, but in reality, they may have been in the cryptocurrency space for over four years. The wealth accumulation referred to here is not just about earning hundreds of thousands, but about reaching levels of millions or even tens of millions.

If you can successfully navigate the first cycle and accumulate enough experience, you will have essentially integrated into this community. At this point, you will meet more like-minded friends and have access to more resources within the circle. Next, by continuously accumulating coins and participating in low-cost arbitrage projects, during the second cycle, significant wealth leaps can often be achieved, growing from tens of thousands to millions or even more.

For those who wish to grow quickly, paying to learn from successful individuals is the most effective method. Although exploring on your own is also feasible, it is less efficient and the information obtained is limited. Given the compounding effect in the cryptocurrency world, seizing opportunities is particularly important. By the third cycle, many people have already achieved financial freedom, and even any random project can yield millions in returns.

Therefore, starting now, let go of your obsessions, actively seek advice from experts in the field, and build your network. Even if your current monthly income is only 5,000 yuan, as long as you persist in accumulating experience in this rapidly developing field, you may drastically change your situation in the next cycle.