#KAS If you don't have luck, you don't have nobles, and you're not particularly smart, you generally have to go through three cycles to make a fortune in the cryptocurrency circle.

The first cycle
Usually you will be attracted by the people around you or the news of getting rich online. If you're a conservative person, you might be cautious and try to buy in small amounts. And if you are a risk-averse person, you may invest a lot of money or even borrow studs.
At this time, the market is basically rising every day, you are full of ambition, you are blind to the risks, you only feel that the future is bright, and the world is filled with the smell of money. You don't know anything about market jargon such as washing, running, and plummeting, and you don't understand the cruelty of the market at all.
My heart was full of desire for wealth, thinking that if I had known that I was so profitable, I should have sold my car and house as soon as possible and stopped working part-time.
You are in a state of extreme excitement every day and lose interest in other things. Lack of patience and just keep an eye on price fluctuations.
However, soon the bear market arrives and the market is falling at a rate of 10%-30% per day, and you are still convinced that it will bounce back. Eventually, you may lose all your principal.
Second cycle
After the baptism of the first cycle, those who still choose to stay in the currency circle are usually persistent in character and have a strong desire for wealth.
They have experienced the peaks of a bull market, the troughs of a bear market, and the volatility during sideways.
In times of sideways and falls, their patience is completely worn out.
They asked around for news, and most of what they heard were stories of other people's getting rich, and they began to fantasize about trading in the way of disconnection and band thinking.
Although they are sure that the bull market will come, they don't know when it will come.
They tried to make adjustments, but most of the money was depleted before the bull market.
When the bull market finally kicks in, they find that they have lost most of their money.
Still, they decided to buy, thinking that this time it was a real bull market.
They started buying, and soon they made a profit several times over.
The market is upturning, full of encouraging news, and everything is encouraging them to keep holding.
Every time they want to sell, there will be a voice in their heart telling them to wait and not rush out.
They resolutely do not sell, expecting to earn wealth freely.
However, in the end, the bull market came to an abrupt end, and despite their reluctance, they decided not to sell, believing that their coins would have value and were ready for the next cycle.
The third cycle
The third cycle is coming, and you have experienced another round of bear market suffering. Most of the assets you invested have already lost money, leaving only Bitcoin and Ethereum.
However, you still stick to the crypto circle. You make up your mind that you must make money in the currency circle in this life.
Not only do you learn how to choose projects, how to analyze the market, but you also learn to identify real hot spots, discern fake news, and realize to seize opportunities in the midst of market noise.
In the trough of a bear market, you learn how to trade, how to arbitrage, and various on-chain operations.
It's all about the experience you've paid for with your blood and sweat, turning the experience of the past cycle and a half into a valuable experience.
This time, you have a deep understanding of what NFTs are, what Layer 2 is, and what gamified finance is.
You understand that the crypto world is more focused on narrative than value, and the rise and fall of the market depends entirely on sentiment.
Emotions shape the market, and the market affects people's emotions, and you understand that it's all the result of greed and fear.
At this point, you are able to transcend your personal emotions and observe the market from a third-party perspective and make rational buying and selling decisions.
After the bull market is over, you find yourself successful, going from zero to having a considerable fortune, and the whole process took 9 years.
In the currency circle, you have realized the true meaning of making money. If you have capital, you must hold a large number of digital assets, make good allocations, and seize new investment opportunities. For holders of small capital, they rely on various airdrops and labor income to accumulate capital, focus on seizing new investment opportunities, and adjust their holdings of a large number of mainstream digital assets during bear markets.
At this moment, you finally understand that your money has truly become your wealth.
When you see that the number in the account has reached eight figures, you can't help but sigh with emotion, and secretly sigh in your heart: If there was a mentor in the currency circle to guide me back then, maybe I would have been able to take a lot of detours, maybe it would have reached nine figures by this time.