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The 7 Stages of Making Money in the Crypto World


In the first stage, during the novice protection period, buying in before a big bull market means making a profit. You experience the charm of the crypto world, watching your assets skyrocket, feeling happy every day. In the end, you think you bought too little and decide to borrow money to buy in all at once, getting stuck at the peak. No matter how much it rises, you won't think about selling. When the bear market ends, the profits you made have all vanished, turning into losses. You comfort yourself and decide to hold on for dear life. At that moment, you understand "value investing."
In the second stage, having suffered losses from dying hands, I began to research trading techniques, could also seize hot spots, buy and profit, and once I made a profit, I would run away, but in the end, I missed the big market, earning only a small amount.
In the third stage, in-depth study and hard learning of technology begins, researching the methods of bottom-fishing and top-selling. However, the more I try to bottom-fish, the lower it goes, and I've run out of chips without any sign of a bottom. You have understood the technical methods of bottom-fishing.
In the fourth stage, one studies technology and gains a further understanding of it, as well as knowing how to select targets, but lacks capital management skills, which may lead to encountering a black swan event and losing everything.
In the fifth stage, the mindset enters a conservative phase, fearing coins, not daring to act impulsively, doubting all information, starting to research targets independently, cautiously buying, learning to observe market sentiment, beginning to understand the logic of market speculation and capital expectations, and also knowing about risk management.
In the sixth stage, wash away the arrogant mindset, become humble, respect the market, and no longer be greedy. Believe that the market is always right, and being able to take away a portion of profits is already a success. There is no longer the ambition to earn A9A8; earning is enough, and there is no concern for A6A7.
In the seventh stage, you can seize opportunities in the market's fear, identify crises in FOMO emotions, grasp market hotspots, understand whether coin prices are high or low, and be neither greedy nor fearful about the market. You start to seek not to make a fortune all at once but to earn a little each time, accumulating 3-5 times from each major hotspot and 50% from each minor hotspot. You understand how to stay in cash and know when to let go, only entering when there are significant opportunities. You realize what is most important in life, and when it's time to exit, you do so. At this moment, you have achieved true success in the crypto world.
Could you please tell me what stage you all have reached? Leave me a message. I'll help you up the wall.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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Suhendrivip
· 4h ago
thank you
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JustRushAndIt_sOvervip
· 4h ago
Phase One
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