Can you get rich in this bull market?
I have made a few hundred in the crypto world, with a principal of 50,000. I haven't worked since graduating from university.
I have been playing in Xishuangbanna and Kunming, not buying a house or a car. My monthly expenses are around 8,000.
Here's how I made money:
1. With a principal of 50,000, I did projects in university, affiliate marketing, fake orders, express delivery, APP tasks, and various small tasks, and saved up 50,000.
2. Entering the crypto world, I thought BTC was too expensive, so I kept playing with ETH, which has leverage, and then moved to altcoin spot trading. Choosing coins and managing positions well. Just executing this simple idea consistently. When the market is bad, I lose a bit, and when the market comes, I make a lot.
Why enter the circle?
To change your fate, you must try the crypto world. If you can't get rich in this circle, ordinary people will have no chance in their lifetime.
Now I will explain the logic.
Making money from investments relies on two things:
One is the amount of capital. If you have 10 million, then making a 50% profit would yield 5 million. And it’s not very difficult. Buying a few ETF index funds below 3000 in major markets can easily earn 50% in one to two years.
The second is volatility. When you don't have capital, you can only rely on volatility to make money. The volatility in the crypto world is still large, although not comparable to the past.
You need to know that in a downturn, you might lose everything, but in an upturn, you could gain 10 times or 20 times. So for ordinary people, buying spot, you need to be patient and not be afraid when the price rises.
Many people have never experienced the feeling of a coin doubling, checking prices 50 times a day, holding tight when losing, and not being able to hold on when making profits.
Why is it hard to get rich from trading coins? Is it desire? Patience? Goals?
This circle gives you such good volatility, it's the friendliest market for you because you don't have large funds.
Getting rich is hard because it requires controlling your desires, having a firm goal, and extreme patience.
Making money in spot trading is still possible.
Repeating simple tasks applies not only to trading coins but also to various aspects of life.
Everyone knows that exercising can lead to better health, but really, very few people stick to exercising every day.
Still, the same saying: large position in spot, small position in contracts.
These days I have been laying out a divine order, comment and leave a message 1, this bull market will make you rich.