It takes three cycles to make a fortune in the currency circle
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If you don't have luck, you don't have nobles, and you're not particularly smart, it generally takes three cycles to make a fortune in the currency circle.
The first cycle.
You are usually attracted by the people around you or the news of getting rich online, if you are a conservative person, then you may buy a little less to try, if you have a big risk appetite, you may buy a lot, and even take out a loan stud.
At this time, it is basically a big rise every day, you are ambitious, you don't know where the risk is, you just feel that the future is full of hope, and the wind all over the world is blowing the smell of money. What is a wash, what is a runaway, what is a plunge, you don't know anything, you don't know the cruelty of this market at all.
I thought to myself, it turns out that this is so profitable, I already knew that I would sell cars and houses, what kind of work I would do, and what kind of work I would go to.
You're so excited every day that you've lost interest in anything. People also lack patience, and they look at coins when they open and close their eyes.
Soon the bear market comes, the market is falling at a rate of 10%-30% per day, and you believe it will bounce back. Eventually, you lose your principal.
Second cycle.
Those who have been brushed up by the first cycle and still choose to enter the currency circle in the second cycle have persistent personalities and are extremely eager for wealth.
It has experienced the peak of the bull market full of hope, the bear market of the Valley of Despair, and the sideways repair period of ups and downs.
On the days of sideways and downsides, there is not much left to wear out your patience.
You start asking around for news, some making and some losing, and all you hear are stories of people getting rich.
You start to fantasize about buying here and selling at the high and then picking it up, and you start to have a disconnected band thinking.
You're sure there's a bull market, but you just don't know when it's coming.
You're going to make another plan adjustment, and you're going to make as much money as you can get.
Most of your money is squandered in the market before the bull market comes.
The principal in hand is getting less and less, and this is when the bull market starts. You find that if you buy it, you don't care about anything.
It is estimated that it has earned 3 times, but now the assets are less than half.
With only a little asset, you're sure the bull market is coming, cautious, and aggressive, in front of the chance to get rich
It's all starting to get bold, and you're starting to buy. In less than 2 months, you really made 3 times as much.
At this time, the market is improving, and there is good news everywhere, just to encourage you to buy and buy, and continue to hold on.
Every time you want to sell, but there is always a voice telling you that this is where it goes. Don't sell, resolutely don't sell
This wave you want to earn wealth and freedom.
In the end, the bull market is over suddenly, you are not reconciled, you still decide not to sell, you believe that your coins are valuable, and decide to get the next big cycle.
The third cycle
The third cycle has begun, and you have experienced another round of bear market torment, and most of the assets you bought before have gone to zero, leaving only bits and Ethereum.
At this time, you are still not brushed out of the market and still remain in the currency circle. You have thought about it, you must make money in the currency circle in this life.
Not only do you learn how to choose a target, how to judge the market, what is a real hot spot, what is fake news, what is a new narrative, but you also know how to sell in a crowded place.
In the trough struggle of the bear market, you learned to pick up the hair, learned to arbitrage, and learned all kinds of on-chain interactions.
It's all the experience you get with your hard-earned money, and the experience of one and a half cycles is all converted into your experience points.
This time, you understand what an inscription is, what a second layer is, and what a gamefi is.
I understand that the currency circle is a market that emphasizes narrative over value, and how high the currency can fly depends on the level of emotion.
Emotions control the market, and the market is controlled by people's emotions, and you understand that this is all the result of human greed and fear intertwined.
At this time, you are already able to strip away your own feelings and observe others from a third perspective, and you can do it between buying and selling without emotional fluctuations.
After the bull market is over, you see that you are already A8, and it took 9 years to go from zero to A8.
You have realized the truth of making money in the currency circle, and if you have a lot of money, that is, Tun flatbread, do a good job of configuration, buy a new narrative, and hold it. Only with a small amount of money, relying on the new narrative, relying on the dividends airdropped by various manual labor exchange circles, accumulating the principal, focusing on the new narrative, and swapping the big pie ether in the bear market.
At this moment, you finally realize that your money really becomes your money.
Seeing the 8 digits in the account, you were filled with emotion and thought: It would be great if there were nobles in the currency circle who took me back then.
How many detours can I take.
Even if there is no good luck, it may already be 9 figures by this time.
I'm done writing, come on I'm a masseur in the B circle, an old leek who sincerely wishes you a fortune in the currency circle.