If I buy 10,000 yuan now and enter the cryptocurrency circle, will I become a millionaire in ten years?
First of all, this is a wrong expectation: the cryptocurrency circle is not an ATM. In any financial market, it is very difficult to get a hundredfold return.
I am sure someone will scold me for saying this, but this is the fact. I admit that there are many miracles in the cryptocurrency circle, and such miracles can happen at any time, but if you invest in the cryptocurrency circle to encounter such miracles, I suggest you forget it. Of course, the reason why you have such an expectation is because of the wrong logic of the cryptocurrency circle:
If you bought Bitcoin ten years ago, you will have a thousand times return now, and you will be a millionaire if you enter with 10,000 yuan.
This logic is very wrong:
1. The country prohibits various extreme situations such as currency speculation, mining, and exchanges running away. In many cases, when people in the circle generally believe that this industry is going to end, your 10,000 yuan has become 100,000 yuan. Will you let this 100,000 yuan take risks?
Definitely not, you will definitely withdraw and run away;
2. There are too many junk coins in the currency circle whose short-term market exceeds BTC. When your BTC rises by 5%, and the junk coins double every day, can you bear it?
Definitely not, you will mostly buy junk coins;
3. There are too many cases of getting rich through contracts in the currency circle in the short term. BTC rises by 1%, and people open 50x contracts, it can rise by 50%. Can you bear it?
Most people won’t, and you will definitely return to zero if you open a contract;
4. There are too many hot spots in the currency circle. When the NFT money-making effect is most obvious, everyone buys and sells and hypes NFTs every day. Can you bear it?
Most people won’t, and there are too many ways for you to return to zero when you buy and sell NFTs;
We often think that if I invest 10,000 yuan, I will be a multi-millionaire ten years later.
But this is always an ideal: when you see others getting rich, when you want to get married and buy a house, when your family is seriously ill, etc., many situations make you unable to hold on, and too many temptations make you return to zero. The biggest barrier to this simple strategy is time, enjoying the present life and maintaining the ability to make money, and treating the money invested in the cryptocurrency as lost.
The biggest illusion that the cryptocurrency world gives people is that everyone can get rich overnight!
The cryptocurrency world has created many wealth myths, making you and me feel that making money is as easy as drinking water, but in fact, those who get rich overnight are actually not very useful. It's like winning a lottery ticket, which is something you can only encounter. Making money in the capital market is not based on luck, which is an unrepeatable ability, and it is unsustainable.
This market always spreads that someone or someone got rich and became rich overnight. The voices of failure are covered by everyone's greedy desires. Some people may say, how can I lose money in a bull market? In fact, if you think about it carefully, in addition to the big bulls in the cryptocurrency market, you have also experienced big bulls in the stock market, big bulls in the US stock market, and doubling of real estate. You missed them all. Do you think you won't miss the next bull market?
Li Xiaolai said that leeks are weak retail investors who have not made money or even lost money in the trading market. They are those who take risks regardless of the cost and go all-in at every turn. They are those who buy things for a lifetime without reading the product instructions. They are those who ask others how to use whatever they get. They are the fools who don't study, don't research, blame others, and are short-sighted.
Of course, you are not a leek, you have never been a leek, at most you are "almost a leek", even if you have experienced several bull markets, you still accidentally "got cut".
To open an order, you should choose the trial position + increase position method.
For example, if you plan to go long with 50,000 yuan, you can open 10% or 20% first. In fact, this is already a heavy position. If it is a currency-based position, the initial position with 20% margin is already 300%.
It is recommended that you choose 10% margin to open an order at the beginning;
The market rises and meets your expectations. You can open a position and increase the position. If you are wrong and stop loss, you will only lose 5% at a time.
Why do many people lose everything after making a mistake once? If you open an order with a full position leverage of 5 times, 10 times, or 20 times, you will lose everything if you make a mistake once. Even if you are right, what about the next time, the next time, there will always be a time when you will be wrong. It doesn’t matter how many times you were right before.
100x coins are meaningless to most people. For 100x coins to be meaningful, three conditions must be met:
1. Buy a lot
2. Sell 100x
3. Cash out in time after clearing the warehouse
For example, buying a few hundred or a few thousand is not very meaningful. In fact, it is small money that can be held, but big money cannot be held. # People who really sell more than 100x have extremely good mentality. This is not just luck.
You bought 100,000, 20 times, 50 times, and there are very few people who don’t sell. Only one in 100,000 who really sells 100x;
This is the truth, and after buying, it can be turned into money, not be overwhelmed by victory, and decisively leave the market to play and enjoy life.
The mentality of this kind of people is to overcome the greed in human nature. Knowing that there is still money to be made later, but not touching the top, how many people can do not eat the last bite, too few.
There will definitely be 100x coins in 2025, and 70% of these 100x coins will be born in 2024-2025
Mr. Lin Yutang said that the first of the ten bad habits is showing off wealth in front of others: if you have ten cents in your pocket, you must shake your clothes to make a sound.
There are people who are better than you, and there are heavens beyond heaven. It is a sign of wisdom not to show off your wealth.
2. Be greedy for small gains
When getting along with friends and colleagues, you like to take advantage of others on small amounts of money and let others pay more, such as drinking a cup of milk tea or coffee.
3. Talking big
The ancients said, "If you have poetry and books in your belly, you will be elegant." But some people always like to think highly of themselves. When getting along with friends, they talk big and sigh, showing off their knowledge.
4. Arguing/getting stuck in a rut
When getting along with others, they always like to refute others and keep asking questions about some insignificant details.
5. Say one thing in front of others and another behind others
Sweet words in front of others, say bad things behind others. People who are two-faced are hard to guard against and can cause great harm to others.
6. Impolite behavior
Not knowing the various table manners, not paying attention to personal hygiene, and using foul language are very cheap.
Most people look at the market and see how much the increase list has bought, how much capital has flowed in and out, how much the cake has increased, how much the individual coin has increased, which one has increased better, and other superficial phenomena. It is basically impossible to make money in the market for a long time by speculating in coins based on these superficial phenomena.
It is precisely because most people speculate in coins based on these superficial phenomena that they are driven by emotions, chasing and chasing every day and every week, speculating and making profits and losses, and finally losing. It is necessary to establish a correct understanding, establish a system, and summarize.
There are three results in the market, 1 making money, 2 losing money, and 3 neither making money nor losing money. Most people participate in this game in the two states of 1 making money and 2 losing money, and rarely in the state of 3 neither making money nor losing money.
The probability of losing money is different when 123 participates in this game together and 12 participates in this game together. This is a mathematical theoretical probability, and all practical operations are developed on these probabilities. When investors participate in this game with 123 instead of 12, they will find that they rarely lose money. Most people who have been speculating in cryptocurrencies for many years still lose money, while those who don't speculate in cryptocurrencies don't lose money. Most people not only fail to outperform those who don't speculate in cryptocurrencies, but also underperform those who don't speculate in cryptocurrencies.
So you should draw a conclusion from this, that is, if you want to be a person who doesn't speculate in cryptocurrencies for a period of time, then you will naturally not lose money. When the market has a high probability of making money, withdraw money quickly, run away after withdrawing, and don't fight, then you will become a person who doesn't speculate in cryptocurrencies for a period of time again. In this way, you will outperform most people who have been fighting for a long time (most people lose money), and also outperform those who never speculate in cryptocurrencies and neither lose money nor make money. This premise is before the crazy bull market comes. If the big cake breaks the previous high again, all the cottages will usher in a crazy rise. At this time, I will teach you how to lock in profits and control retracements!
How to turn 100,000 yuan into 1,000,000 yuan in the cryptocurrency circle?
The first way: 100,000 yuan to 1,000,000 yuan, double 10 times!
The second way, 100,000 yuan doubles once to 200,000 yuan, doubles again to 400,000 yuan, and doubles again to 800,000 yuan. Three doubles to 1,000,000 yuan.
Most people think it is the first way, but most people who have made 1,000,000 yuan use the second way.
You need to understand a formula: income = principal ✖️ volatility ✖️ time. For example, if the principal of 100,000 yuan increases by 100% in one year, then the principal will become 200,000 yuan after one year, doubling.
The common method used by leeks in the cryptocurrency circle now is to amplify volatility, such as buying a fake currency that jumps up and down, and increases by 50% in one day, or cuts in half in one day; or use leverage to amplify volatility, such as increasing by 5% in one day, 10 times leverage, then the income for one day becomes 50%.
If you have thought it through clearly, then there are only two ways: buy spot goods, choose counterfeit goods, and extend the time.
The four most taboo things in cryptocurrency trading! If you choose two of them, you will be cheated!
1. Heavy positions in unpopular altcoins:
Blindly invest a large amount of money in unpopular and risky altcoins, hoping that they can make you rich overnight. However, these currencies often lack a stable foundation and liquidity, and once the market fluctuates, the losses will be difficult to recover.
2. Floating loss and adding positions:
Continuously adding positions when losing money, hoping to recover losses by increasing positions, but often falling into a vicious cycle of losing more and more. This is a common mistake made by many investors and an important reason for capital loss.
3. Technical indicators:
Over-reliance on technical indicators for trading decisions ignores the fundamentals and actual trends of the market. Although technical indicators can provide a certain reference, they are not omnipotent. Excessive superstition may cause investors to miss real investment opportunities.
4. Frequent trading:
Frequent trading, pursuing short-term profits, and ignoring long-term investment value and strategy. Frequent trading not only increases transaction costs, but may also affect investors' mentality and judgment, and ultimately lead to investment failure.
If you want to make money in the cryptocurrency circle, you must know a few suggestions!
1. The cryptocurrency circle is most afraid of laziness, laziness to transfer the currency to the wallet, laziness to research projects, and laziness to learn. Diligence will eliminate all evils, while laziness will lead to chaos!!
2. Mentality is crucial. If you can't stand the currency price falling by 99%, you naturally can't enjoy a hundredfold profit.
3. Adults, be bolder. If you are worried about your identity information being stolen even when registering for an exchange, then go home and farm.
4. The risk of the primary market is higher than you think. If you have a bad heart, don't play it.
5. Unless you have to, don't trade over the counter.
6. Remember, the coin only belongs to you in the cold wallet.
7. Except for the big cake, no coin is worth your all in.
8. The essence of airdrops is gambling. With the increase of gamblers, this road is getting narrower and narrower!
9. 99.99% of the new concepts on the market have only one purpose: to trick you into taking over. 10. The more unpopular the coin is, the faster it pulls up. It's not that the dealer is merciful, but that they are in urgent need of leeks to take over!
In 2023, he told me to buy pepe again. I didn't fall for it. I knew it was a scam.
Fortunately, I didn't buy it at that time. Now those friends who bought BTC and Ethereum are lazy, doing nothing, living like a waste, driving a luxury car worth tens of millions, traveling around the world with beautiful women, what kind of life is this? ? The point is that this is not the life I should live!
A colleague of mine has saved nearly 300,000 yuan. He keeps all his money in Yu'e Bao, not in the bank. He said that the interest rate of money in Yu'e Bao is higher than that in the bank, and it is safer and more convenient.
Then he also watered in Alipay. He received two boxes of fruits every month. He recommended it to us and asked us to save all the money in Yu'e Bao.
But I am not sure about Yu'e Bao. I usually have more than 10,000 yuan, and I will take it to the bank for a fixed deposit. I feel that the bank is more reliable.
Because I have been defrauded online before, I am not sure. I think that if you deposit a fixed deposit, it is in the passbook. The passbook is useless except for you. You must be present to withdraw the money.
But if you deposit money in Yu'e Bao, if others know your mobile phone unlock password, they can transfer your money.
My money was transferred to the scammer by my daughter in the middle of the night. They used the SMS verification code to change my payment password.
So I think it is very unsafe, and it is safer to deposit it for a fixed deposit.
My colleague said that you think too much. I have kept all my money in Yu'e Bao. For so many years, I have not lost a penny, and the interest rate is not lower than that of the bank.
The main thing is that you don't have to go to the bank to queue up and waste time. If you want to use it, you can withdraw it at any time. If you go to the bank to deposit it regularly, you have to queue up again, and you can't withdraw it before the time comes.
What's more infuriating is that when you go to deposit money, the bank staff still desperately deceives you to buy this insurance and that insurance, which makes you dizzy. How troublesome is it?
So I put all my money in Yu'e Bao, which is very safe.
But I am afraid of the rope after being bitten by a snake once, and I just feel uneasy. I still think that the passbook is safer.
Which one do you think is safer? Where do you usually keep your deposits?
Li Xiaolai figured out a few things a long time ago:
1. The value of traffic is invincible. With top traffic in the cryptocurrency circle, Xu Xiaoping and Sun Zhengyi are all idiots in his eyes, because they all want to take over his plate.
2. Traffic monetization depends on idiots. He said that it can rise, which means that the consensus of idiots is easy to guide. So Mr. Li launched a bunch of harvesting projects such as pressone and CANDY. The only purpose when launching them was to deceive leeks to get on board, and he did it.
3. Whoever makes money is awesome. He has done this to the extreme. Basically, all the logic is based on making money, so there is a summary of the world that "listen to Mr. Li's words, but don't buy Mr. Li's coins."
But looking back, I think that the organic growth of wealth is actually much more interesting. The money earned by cutting people is ultimately meaningless.
I personally prefer Duan Yongping's style of investing only in the secondary market. He only needs to "do the right things and do things right", and wealth will naturally increase.
Of course, everyone has a different personality. Some people love to make money in an honest way, while others prefer to make money at the expense of others. Basically, personality determines everything.
So, one of my insights is: if you are a kind person who would rather suffer a loss than treat others unfairly, then you must only make friends with those who are the same, and you will feel more and more comfortable.
Finally, I would like to quote Shenyu: "Wealth flows from impatient people to patient people."
The words of the noble man who helped me get promoted deeply enlightened me:
"What ordinary people lack is not resources, but the guides for growth. So you must learn to find your own noble man."
How to find it? Simply put, there are three points.
1. Experience more and meet more people
All wisdom is realized in the dust. There is no sentence in this world that can make you enlightened. The only thing that can really enlighten you is an experience. And that sentence is just a match lit in the gunpowder warehouse.
2. "Change dimension" thinking
Opening a restaurant on the side of the national road, no matter how good the food is, there are very few people coming. If you build a toilet and say it's free, people will come in an endless stream.
Many problems, changing a dimension may have unexpected results.
3. Continuous review
The gap between people does not come from age or experience, but from the ability to summarize, reflect and sublimate.
Only by reviewing can we know what we should improve and what we should maintain, and we should take steady steps and make progress day by day.
Once people are enlightened and have the ability to see the essence through phenomena, they can quickly rise to a higher level and widen the gap with those who are muddleheaded and busy all day long.
After more than three months of continuous washout, negative sentiment in the market has accumulated to a critical point. These sentiments mainly come from the following aspects:
Many people expect the bull market to be a straight-up journey, hoping to see continuous rises without fluctuations.
There is a widespread fantasy that one can buy at every low point in the market and sell at every high point to achieve perfect swing trading.
Even in a bull market, long-term holding of assets is a challenge for many investors. Some people even find it unbearable to hold assets in the short term.
However, these phenomena reveal a law of the market: in a bull market, only about 10-20% of people can actually make a profit.
The reason why these people can successfully make money is that they can hold on to the final stage of the bull market.
In short, hold the chips in your hands and prepare for the crazy bull market
How do dealers PUA to get the leeks hooked? This wave of operations is very similar to BLAST:
Draw a beautiful blueprint - give enough visual sense - outline super value returns - bewitching and addictive - various reasons to delay satisfaction - make seemingly reasonable demands -
You took off your stiff pants, thinking that you can finally have a big fight this time, but you didn't expect to be fucked hard;
Did you lose only a few hundred dollars? No, what you lost is the betrayal of your youth and the occupation of costs!
How to grab 100x coins in the bull market of the cryptocurrency circle
Six steps to grab the next 100x coin: Like and collect
1. Find a track with development potential. This round of Ai track superimposed on the game sector superimposed on the pie ecological inscription superimposed on the meme is the strongest narrative outlet
2. Find potential projects in the track Get to the key position, master important technologies, team background and qualifications
3. Review the token economic model The inflation rate cannot be too high, the allocation to the team and investors cannot be too much, and the token must have empowerment and value acquisition
4. Screen out projects with too high market value The higher the market value, the harder it is to rise, and projects with low market value have more explosive power to rise
5. Diversify investment to increase the chance of hitting There is no 100% hit method, don't put all your eggs in the same basket
6. The more difficult things to buy 100x coins: patience, holding, and long-term holding
Will I be investigated if I withdraw 1 million yuan from cryptocurrency trading?
If you are doing well in the cryptocurrency circle and earn 1 million, will you be investigated when you withdraw the money? I believe that many people in the cryptocurrency circle are very concerned about this question. After all, who doesn’t want to know how to safely pocket the money they have worked so hard to earn?
First of all, it should be said that there is no absolute answer to this question. However, there are a few key points that can help you understand the situation you may be facing.
Amount: First of all, 1 million is not a small amount. Generally speaking, large-scale fund transfers, no matter in which country, may attract the attention of banks or relevant regulatory agencies. In China, large cross-border transfers are particularly concerned. Therefore, withdrawing such a large amount at one time may be marked as a suspicious transaction and then investigated.
Let's talk about the common routines in the cryptocurrency circle:
1. Don't buy because of a big drop 2. Don't stop buying because of a big rise 3. Opportunities come from a drop, and risks come from a rise 4. Don't consider where you fell from 5. Don't consider those that have been hyped up within an adjustment cycle 6. Don't buy if you can or don't buy 7. Chasing high is the best way to buy the bottom, choose a good profit and loss ratio 8. For deep callbacks, wait for the volume to climb, and then buy after the volume is adjusted 9. Think about K-line and trading volume from multiple angles, and calculate the main position building cost 10. If it is weak, it must be strong 11. If it is strong, it must be weak 12. Good coins are not washed deeply, and the cycle conversion continues to pull up 13. Good coins are not washed for a long time, and the cycle supports the adjustment of the volume to build a bottom position 14. The more you dare not buy, the more it will rise, find a standard K to do T 15. Pay less attention to the news and more to the fundamentals 16. Don't be afraid of mistakes, the more you are frustrated, the more courageous you are. The market abuses me thousands of times, but I treat the market like my first love. 17. Be strong, not weak, follow the funds. 18. Don't rebound in the downward trend. Rebound is not a hard demand. Don't hesitate to stop loss when it breaks. 19. High volume, no price increase, volume and price divergence, it is a signal of peaking, decisively stop profit in batches. 20. Start small steps at the bottom, followed by a big positive line. 21. For trading, data is support, structure is direction, and news is the fuse. 22. Play three waves in the bull market, and continue to wave in the cycle conversion. 23. Reduce investment costs and lower profit expectations in the bear market. 24. Periodic hot spots usually appear after a sharp drop. 25. The market is never short of money, but hot spots and emotions. If you read the above content and implement it seriously, you will get rich sooner or later!
One minute to teach you how to allocate positions according to your own funds
If you have 100,000 yuan of capital on hand, then pick three currencies that you think have potential and hold them with concentration. Don't be greedy and don't look around, so that you can watch the market with peace of mind and avoid being in a hurry.
When the capital reaches 200,000 yuan, you can consider adding three currencies, but you must also be careful and don't blindly follow the trend.
If the capital reaches 500,000 yuan, you can consider adding three more, but remember, the more the better, it depends on whether you can manage it.
For 1 million yuan, ten currencies are about the same. Don't be greedy, greed can easily lead to big losses.
Of course, if you really become a multi-millionaire with 10 million yuan in hand, then ten currencies are enough. But at this time, you have to be more cautious, after all, this money is not blown by the wind.
And when you reach the level of billionaires, holding 100 million or even more, it is not impossible to choose more than a dozen currencies. But at this time, you have to pay more attention to asset allocation and risk control, and don't let the fluctuations of a few currencies affect the overall situation.
Many novices don't understand this principle. They don't have much money, but they buy dozens or hundreds of currencies. As a result, they can't even keep an eye on the market, and they are sure to lose money. In fact, it is very simple to make money by speculating in cryptocurrencies. Find a currency with potential, buy it at a low price, and then hold it patiently until it reaches a high price before selling it. Don't be greedy, don't panic, so that you can make money steadily.