I have a question for everyone
Have you ever thought about waking up one morning, checking your phone, and finding that you have more money in your account, even though you did nothing the day before?
Yes, this is what many people refer to as “passive income”, “lying earn”, or “side hustle dream”. And the crypto world is a place where this dream can both become a reality and crash.
1. What exactly is the crypto world?
The term “crypto world” sounds impressive, but in one sentence, it can be explained as:
A group of people trading various cryptocurrencies (Bitcoin, Ethereum, Dogecoin, etc.) back and forth, hoping to profit from price differences or earn returns through long-term holding.
It’s like a 'working overtime' version of the stock market, without opening or closing hours; it operates 24/7 throughout the year. While you sleep, it still rises and falls; in the three minutes you spend in the bathroom, the price might take you on a roller coaster ride.
Many people like the cryptocurrency space because it offers diverse ways to make money:
Short-term trading: buy low and sell high to make quick money.
Contract trading: leverage amplifies profits (but risks are also amplified).
Staking mining: storing coins for interest, a favorite among the 'passive income' crowd.
Copy trading: lazy mode, follow the operations of experts, somewhat like 'effortless earning.'
Two, what is the purpose of the exchange?
Simply put, an exchange is like a 'market' in the crypto space where you buy, sell, store, and manage your assets. Without an exchange, even if you have Bitcoin, you have no place to cash out.
There are many popular exchanges that are commonly used worldwide, among which the most popular are:
Binance
Consistently ranks among the top in global trading volume.
Abundant varieties of coins and multiple financial tools, suitable for those looking to diversify their investments.
The community atmosphere is lively, and you can often learn some tips for making money.
Three, a humorous yet serious reminder
The charm of the crypto space lies in its ability to bring you high returns, but it may also lead you to question life at three in the morning while staring at your phone.
So:
Do not go all in; this is not a casino.
Treat the cryptocurrency space as a side business fund that does not affect your living expenses.
Learn to take profits and cut losses; making money means having gains and expenses.
Finally, here’s an old saying in the crypto space:
You will never earn money beyond your understanding unless by luck. But money earned by luck often gets lost again through skill.
Learn to use it well, and you’ll have a 'side business toolbox' that operates 24/7. Whether you choose passive income, effortless investing, or short-term trading depends on your own pace. Chen Xi only engages in real trading; the team has spots available, so hurry up. #TrumpCryptoNewPolicy $BTC $ETH #小白必知
