$ETH Young and energetic kids, where is there so much overnight wealth? 🔥🔥🔥
This is Sister Wen's fan, a young man in his 20s, who has been trading with me for two days with a capital of 5000u, making an average profit of 2000u per day. Yesterday he called me saying that this kind of profit is too slow and asked if there’s a way to get rich overnight, saying he wants to earn a hundred million. I really laughed and thought he was joking. There’s no such thing as getting rich overnight; behind everyone's success is the investment of time and energy. He said: I heard that many people in the crypto circle get rich overnight, can you do it?
$SOL I can only say that of course I can't do it. You only see getting rich overnight and not the efforts others have put in before. There are really not that many myths of sudden wealth. He then said I am old and dare not gamble, asking me to pick a coin and go all in. I was really left speechless; his current understanding is just that, and I don’t want to argue too much.
Last night I called him out of the Ethereum long position, but he went in by himself without a stop loss. After the good news landed, it immediately started to waterfall. This morning he told me he got liquidated, including his own assets in the wallet. I also had no words left. He is always so impatient. With this little money, even if given the opportunity, you can't earn a hundred million.
That being said, Sister Wen doesn’t want to say much. The saying that people can't earn money beyond their understanding is not without reason. But I also advise those who harbor the illusion of getting rich overnight that there really isn't that much overnight wealth. Even in the crypto circle, even if you buy a hundred-fold or thousand-fold coin, it won't just soar as soon as you buy it. Some even require waiting for months or years. You bet on its ascent while also having to bear the risk of its depreciation.
So, trading should not be rushed. Getting rich overnight is difficult, but slowly accumulating will give you not just wealth, but also experience.
$BTC In fact, most of the time in trading is waiting.
Not frequent operations. This saying is suitable for 99% of people. You should do things with a high probability of success.
Not force yourself to do what 1% of ultra-short-term successful people do.
