The ups and downs of the crypto world for 5 years, I've seen too many magical endings:
Some have bet their entire fortune and ended up with nothing, some have steadily held mainstream coins to achieve financial freedom, and others have been so busy monitoring the market every day, yet their earnings are pitifully small.
Let’s first talk about those who fell into traps and suffered huge losses! The volatility in the crypto market is way crazier than in stocks, with a single-day drop of 50% being routine. Yet some people rush in with the mindset of getting rich overnight:
They leverage to bet on market trends, chase unknown altcoins, or even borrow money to enter the market.
What happened? A single correction leads to margin calls, and altcoin projects disappear, going straight to zero, with hard-earned money evaporating in an instant.
Others fall for security issues, losing private keys, exchanges being hacked, or being scammed by phishing links. These basic mistakes can wipe out wealth completely—it's really a shame!
Now looking at those who have achieved financial freedom, their methods are actually quite simple: they only act as "coin hoarders"!
They exclusively buy mainstream coins like Bitcoin, increase their holdings whenever they have money, and never sell regardless of short-term fluctuations.
They have long seen through the essence of the crypto world, not being greedy for small short-term gains, treating quality coins like houses or gold, holding them long-term, combining heavy investment with patience, ultimately changing their wealth levels drastically.
The most regrettable group is the third type of people:
One moment they operate fiercely, and the next they see a profit of just two dollars and fifty cents! Some fans study altcoins every day, waiting for airdrops, yet they dare not invest heavily; after a lot of effort, the money they earn isn't even enough to pay the electricity bill;
Others are immersed in swing trading, dodging small fluctuations daily but perfectly missing out on the big trends; and some have a broken mindset, impulsively chasing highs at peaks, panicking and cutting losses at lows, selling at the first sign of a rise, missing out on large increases completely.
In fact, investment in the crypto world values character much more than intelligence! There are many temptations and pitfalls here; only by staying calm and rational, not being swayed by short-term interests, can one go far.
As a female trader, I sincerely hope everyone can avoid pitfalls and make more money.
Want to know how to choose coins, manage risks, and achieve more stable returns? Feel free to follow me @阿二说币 , let’s cultivate our mindset together to earn from knowledge～
