#币圈暴富 When you make your first $100,000, you are not far from $1 million
When we are young, we often make mistakes due to lack of knowledge and experience, such as falling into bad relationships or blindly starting a business. It seems to be a waste of time and youth, but it is actually a necessary growth process.
In the cryptocurrency circle, it is also often due to lack of experience and blindly following the trend. Investments fail, listening to unreliable recommendations or frequent transactions, and eventually losing all the money. These painful experiences are actually the tuition fees for growth bought with money.
The challenge of earning the first $100,000
This is a process of constant trial and error. You need to accumulate experience, build connections, and frequently try and fail in this process. Once you successfully earn the first $100,000, you will find that your technical level, mentality, pattern, cognition and connections have been upgraded to a new level. You begin to understand the underlying logic of making money and understand that it is not based on luck, but the result of following market laws and conforming to human nature.
The leap from $100,000 to $1 million
When you make your first $100,000, you are not far from $1 million. This is not only a change in numbers, but also a comprehensive upgrade of your way of thinking and operating strategies. You have mastered the core logic of the cryptocurrency circle, know how to identify opportunities, control risks, and can calmly deal with market ups and downs.
So, don't be afraid of trial and error and failure when you are young, growth itself requires costs.
At the beginning of 2025, please make money by any means: Turn 20u into 1000u on Binance
Don't be afraid of making mistakes when making money, because making mistakes is better than doing nothing. 1000U is just a starting point. There will be 2000U, 3000U, 4000U in the future...
As 2024 draws to a close, the market is in a downturn due to the Christmas holiday in the United States, and liquidity has weakened. The closure of Western markets has shifted pressure to East Asian market makers and hot money. Although Bitcoin has rebounded, it has not broken through $100,000 and is currently facing correction pressure, with support at $95,000-90,000. The EU MiCA regulations banning USDT transactions have exacerbated the market stalemate. Although some people believe that the bull market has bottomed out, this bull market may last until June to October next year. The key lies in whether we can seize the opportunity.
When the grapes are ripe, you have to wait patiently and patiently, time will prove everything.
#牛市进行中… Some people enter the market with 1 million, lose most of it, but are able to win back several million with the remaining hundreds of thousands; while others enter the market with 100,000, and ultimately gain nothing but losses.
Why can some people turn around from huge losses, while others can never escape the fate of losing money?
After playing in the cryptocurrency circle for a long time, you will find that everyone around you is making money, except you. People who have more money tend to earn more than those who enter with less money. It's not because they are more capable, but because they are tough enough. Even if they lose more than half of their money, their mentality remains stable. The large loss or loss is not a decisive factor for them. What really matters is their mentality and strategy.
Why do people say that those who trade contracts are like young calves unafraid of tigers?
#合约挑战 Contracts = High Risk, High Reward Using a principal of 10,000 to play with 1000 times leverage can quickly amplify profits when the market rises: Gain 10,000 by a 1-point increase Gain 50,000 by a 5-point increase Gain 100,000 by a 10-point increase
The temptation of achieving returns several times or even dozens of times in a few minutes is hard for many to resist. However, if the direction is judged incorrectly, the losses brought by high leverage will be devastating.
Even if you fail nine times in a row, losing 10,000 each time, as long as you capture a 10% increase on the tenth time, theoretically you can recover all losses and have a slight profit.
But in reality, this idealized assumption overlooks the complexity and unpredictability of the market.
How is Dogecoin, which was very popular some time ago, doing now? #狗狗币崛起
In other words, Dogecoin is just Old Ma's personal ATM.
This time it hasn't performed well; it's falling rather than rising, breaking new low records every day, dropping faster than free fall, and when it does recover, it crawls up like a turtle climbing a hill, even struggling to maintain $0.4. It's possible that the big investors have already run away and don't have faith in this coin that's relying on hype.
Bitcoin is still the hardcore one; the value of Dogecoin is entirely propped up by self-media bloggers and news media hype, with very little actual use. It's also a continuously inflationary currency; what's the difference between that and the indiscriminate printing of fiat currency? Clearly, it's just a tool for institutions to harvest retail investors.
But fortunately, there’s Musk. His influence in the crypto world should not be underestimated. If he calls out, or if he takes 200 people to use Dogecoin on Mars during Trump's visit, it might start to rise again. But once the hype is over, it will probably just go back to where it was.
Seize the opportunity to earn 1 million; you will find that making money can also become very simple.
#山寨爆发 Rich people do not act recklessly and remain wealthy for a lifetime; poor people, if they do not act recklessly, will remain poor for a lifetime. Last night, I sensed unusual market movements, so I decisively increased my position in Dogecoin and Solana at their lows, and sure enough, I saw a nice increase in the morning, validating the importance of intuition. After a few days of sluggishness, the market has rebounded, especially as altcoins did not follow Bitcoin's decline, showing signs of independent trends. On the 20th, altcoins were halved back to October price levels, causing retail investors to suffer significant losses, but now funds seem to have quietly flowed in, indicating that altcoins may be entering a new growth phase, and a true explosive altcoin season may be approaching.
Are today's altcoins fresh newcomers or seasoned veterans? It's truly perplexing.
With Bitcoin so weak, why can altcoins still rally? What is the secret behind this? Are they trying to pump and dump, or is a strong player starting to accumulate?
Looking back at history, every time Bitcoin drops, altcoins occasionally experience a rebound, but this usually happens during the bull tail phase of Bitcoin. This time, Bitcoin is fluctuating at a high level, and altcoins have previously plummeted dramatically, so now they're just catching their breath. After all, with a drop of 30% at the start, most have been halved, so a slight rebound in altcoins is to be expected.
Due to the holiday, large funds have stalled, and some other funds have flowed into the altcoin market to 'avoid the storm.' After all, without other negative news impacting them, funds don't have to worry about being stuck.
One can take a short break and observe the market after the holiday, deciding whether to flow into Bitcoin or other assets. Currently, the altcoin sector seems more like a refuge for funds avoiding the holiday impact. If liquidity is low, funds will still withdraw and won't easily support the market.
In other words, altcoins have fallen too much, and now it’s just a rebound from overselling, while Bitcoin is still adjusting at a high level and may not have truly started to correct.
Now we can see some interesting phenomena: the old players in the crypto circle are becoming more mature. Information spreads faster than before; Bitcoin hasn't dropped much, yet altcoins have already jumped ahead. This shows that the market reacts more quickly and rationally.
Speaking of Ethereum, it's also an ETF; Bitcoin has already gone through a frenzy, while Ethereum is like an old man, moving only when prompted. But there's no need to rush; February might be Ethereum's turn to shine, potentially leading altcoins into another wave of excitement.
In summary:
With Bitcoin at a high and compared to the recent collective plunge of altcoins, it’s better to say that altcoins are rebounding from overselling, while Bitcoin is still brewing its next move.
In any case, the market is always changing, but staying unchanged amid change is key; remain calm and wait for opportunities.