Why am I unwilling to leave the cryptocurrency industry even though I’ve earned $28 million?
After three years of the epidemic in 2023, the economy does not seem to have improved overall. Consumption is in a depression, real estate prices have dropped sharply, Evergrande has gone bankrupt, and car prices have dropped sharply but sales have not risen. The stock market has been fluctuating and falling most of the time, cutting leeks, and leeks going in is a death sentence. All signs indicate that the economy has entered a stage of slow decline! How can ordinary people change their fate? In my opinion, we should do our job well and plan ahead!
Let me talk about what I think will be the hot areas in the next 10 or 20 years: AI and cryptocurrency
There is no need to talk much about AI. The release of the ChatGPT large language model has allowed the world to see the infinite potential of AI. Now there are many large companies and start-up teams all in the AI field, or engaged in related development, but it will take a few years before complete supporting applications can be put into practice. Ordinary people can usually take a chance and reap the second wave of AI dividends, which is the upper-level supporting applications after the entire AI ecological infrastructure is built.
I am researching in the field of cryptocurrency, so I will say more about this.
Many people think that cryptocurrency, Bitcoin, is a Ponzi scheme
Actually, it is not. The supporting technologies and related fields of blockchain have been developing continuously. The story of Bitcoin is far from over. On June 1, the relevant policies of Hong Kong on cryptocurrency were officially implemented, opening the door to the trading and issuance of encrypted assets. These also reflect from the side that cryptocurrency, web3, and a series of other fields are actually constantly beneficial.
Some people might ask, if you can make money from this, why are you telling me? Can't you just make money on your own?
Here I would like to talk about my own idea. If you enter the field of cryptocurrency, not only will I not lose money, but if you can participate in the construction of cryptocurrency and blockchain, the speed of construction of the entire system will be faster. In fact, I might even make more money. This is not a self-serving thing. In fact, up to now, the entire blockchain is still in its early stages. This field has only been proposed for more than ten years and is far from over.
Why do some people stay with the money they make and don’t leave?
Those who can stay in this circle for a period of time and are reluctant to leave must have witnessed the sudden wealth. They have no other psychological reasons. To put it bluntly, they just want to get rich, because they know that if they work in other places, they will not be able to get rich. They know their abilities clearly. Several people have told me that the money earned here is too exaggerated, much better than working in industry.
People who have worked in the real industry, not just those who work in offices, should understand that a net profit of 15% is already very good for most industries, and that industries are extremely cumbersome and complicated, with large capital investments, high risks, and many competitors.
In the cryptocurrency world, the annualized compound return is 70%. There is no rival, the only rival is your own mentality. According to historical data, as long as you can resist temptation and hold for a long time, there will be no one who will not get rich overnight.
They have deeply understood that to make big money, they must rely on the assets themselves to make money. People who have made a lot of money in the cryptocurrency circle are unlikely to leave the cryptocurrency circle, even in a bear market, they will not leave.
There are three types of people who are currently in the cryptocurrency world: those whose hearts are in the cryptocurrency world, whose money is in the cryptocurrency world, and those whose hearts and money are both in the cryptocurrency world.
The first type may hold a large amount of cash and U and wait for a good opportunity, such as yesterday's opportunity, FTX crash, they may enter half of the position, their hearts are definitely in the cryptocurrency circle, they know clearly at what price they should buy and sell, they will not wait for a lower price, nor will they expect a higher price. On the surface, they don't care about the cryptocurrency circle, and their assets are not all in the cryptocurrency circle. They pay attention to the development of the entire cycle at all times. As long as they are triggered, their assets will quickly flow in. They may think about the cryptocurrency circle when they sleep and rest, when will it fall, when can they enter the market, and their funds are eager for high-quality assets in the cryptocurrency circle. They understand the development of the industry and have insight into the rotation of sector popularity. Although they may not understand technology, they are very sensitive to cycles.
The second type of people have money in the cryptocurrency circle. They may regard cryptocurrency as an asset. There are not many such people. They are people with faith, people who have both money and faith. This is difficult to do, but if you really do it, there is no one who does not get rich. I have seen people who have held Bitcoin for 10 years, and I have seen people who have held it for 6 or 7 years, turning 200,000 into 50 million without spending a penny. I have also seen people who drive a 100,000 car every day, but they have no intention of selling cryptocurrency to improve their lives. Their lives are peaceful and simple. They don't care about industry development or cycles. They just buy a little when they have money. Their hearts are on their families and on improving their own abilities. They pay more attention to the development of the real world. The cryptocurrency circle is just another track for storing assets. You can't tell this kind of people. They are very low-key. They will never talk about cryptocurrency with people around them, and they will never ask people around them to buy it.
The third type of people, their hearts and money are all in the cryptocurrency circle. They don’t see bull or bear markets, and most of their assets are in the cryptocurrency circle. They care about the development of the industry very much, such as those who run exchanges, become kols, and work on projects. They clearly see the future development of the cryptocurrency circle, and they also know that this efficient way of asset trading will replace the original one. They may sell their houses to buy coins. They have dedicated their lives to the cryptocurrency circle, and the cryptocurrency circle has also given them incredible feedback. Those who can devote themselves wholeheartedly and survive are very powerful. The leeks may hate them, but when facing the weak leeks, they will cut them without hesitation, without the slightest hesitation. They don’t care about the assets of the leeks themselves, not just to plunder their assets. They just eliminate the leeks by the way, but it has nothing to do with the leeks themselves. Ruthlessness and indifference are synonymous with these characters, and they are also powerful because of their ruthlessness.
The fourth type is to watch others make money and then try their luck, thinking that they should be lucky enough to get rich. They expect luck and desire to get rich quickly. They don’t believe in probability and reject reason. They believe that they have natural good luck. They don’t care about the industry, they don’t understand the industry, they just want to come here when the industry is good. They don’t want to take risks, they just want to make a lot of money in the bull market, and then change to a car, that’s their purpose. But most of those who think this way are eventually harvested and become the fuel for the bull market.
To resist mediocrity, life only needs 2 times 10.
#荣耀时刻 So let's stock up on coins together$BTC $ETH Come on, bull market in 2025, let’s set sail with Brother Wolf!
