The recent surge in prices of Bitcoin and Ethereum has triggered heated discussions in the market. However, how many people actually made money on this rally?
The more compliant the market becomes, the harder it is for ordinary people to make money
As the price of Bitcoin increases, the market becomes more compliant. This is good for large institutional investors, but not necessarily for ordinary people.
For institutional investors with large amounts of capital, they can still make huge gains even if the price of Bitcoin only doubles or triples. But for most ordinary people, their investment funds are limited, and even if the price of Bitcoin doubles, they cannot achieve financial freedom.
High risk and high leverage, making money is only temporary
Many people enter the currency circle just to make a comeback and make a big difference with their small things. They often use high leverage operations in the hope of obtaining excess returns. However, high risks are often accompanied by high returns, and if you are not careful, you may lose your position and suffer heavy losses.
Don’t envy the myth of sudden wealth, being yourself is the key
There are often stories of people getting rich overnight in the currency circle, but these stories are often only a minority. What most investors experience in the currency circle are losses and liquidation.
Therefore, we should not envy those stories of sudden wealth, but should develop our own investment strategies. For ordinary people, risk control and long-term investment are safer choices.
Here are some investment tips:
1. Don’t blindly chase the rise and fall, but learn to invest rationally.
2. Do not use high leverage operations, risk control is the first priority.
3. Don’t invest all your funds in one currency, but do a good job in asset allocation.
4. Continuously learn and accumulate experience to improve investment capabilities.
Remember, there are no shortcuts in the currency circle. Only persistence and hard work can achieve ultimate success.
For investors who have lost money, they should let go of the past and start over from now on.
If you have lost 90%, then the remaining 10% of your capital is your chance to turn around. Don’t think about getting your money back quickly, but reduce leverage, control risks, and accumulate slowly, so that you can achieve your goals.
I hope this article can help everyone invest rationally and achieve success in the currency circle.