In the immigration boom around 2017 and 2021, the cryptocurrency tycoons were particularly prominent among the applicants in Singapore. They held tens of millions or even more without blinking an eye. This is not just a wave of immigration, but also a microcosm of the rapid accumulation of wealth under the asset bubble. Can the cryptocurrency circle, a magical field that once made countless "diaosi" rich overnight, really continue to carry such a huge wealth growth?
How can ordinary people cross over to the ranks of millionaires? The answer is simple, asset appreciation. But the asset bubble in this world is like an endless cycle, driven by the human heart and the market, and cannot be eliminated by anyone.
To win in this bubble game, you have to adopt a more direct and sharper strategy:
Aim for stable assets, don't be greedy for hundreds or thousands of times: Don't always think about those mythical assets that can make you rich overnight. Real big money often comes from those stable and reliable investments. Pursuing hundreds or thousands of times of returns will only make you struggle in countless zeros.
Look for "immortal" assets with high elasticity: Not all assets will die, but you need to find those "immortal" assets that can rebound quickly even in a big drop. These assets are your real money-making tools.
Heavy positions in the bubble cycle: Don't dream of reaching the level of a millionaire through "financial management" and other small-scale methods. If you want to play, play big, super heavy positions in things with clear bubble cycles, even if you are trapped, there are clear cycles to wait.
Buy against the trend and set a threshold: When everyone around you is singing bad news about an asset, that is the best time for you to buy. Especially those assets that still have a buying threshold are your first choice. Because the underestimation period means that everyone says it is not good, and this is when you seize the opportunity.
Set clear goals and sell decisively: Don't lose yourself in greed. Once you reach your target income, such as from 100,000 to 500,000 or 1 million, sell decisively and lock in profits. Remember, keep a little bottom position for the next opportunity, but most of the profits must be realized and locked up.
In this world of asset bubbles, only the sharpest and most decisive people can laugh to the end. Are you ready?
