Having spent so many years immersed in the crypto world, if we were to measure its age in terms of the industry's own timeline, I'd probably be in the phase of "Forty and Confused" or "Fifty, Understanding Fate's Will." Reflecting on the money gained and lost, the times I once rebelled against destiny, and the early dreams of achieving wealth and financial freedom—these all stemmed from the unique nature of the crypto world and the early rewards it offered. In those initial days, many were lured in by the promise of financial freedom, but few have managed to persevere. Those who have made it are a combination of curiosity and being at the right place at the right time.
For newcomers or small retail investors, particularly those who’ve joined in the past couple of years, it’s like watching young professionals enter the workforce. They’re full of enthusiasm, chasing the same dream of riches and freedom that I once had. When I look at them now, I see my younger self reflected in their drive.
Back in the day, watching 'Transformers' or Marvel movies, I’d marvel at the protagonist’s powers and the sheer drama. Now, I watch those same scenes and wonder—what about the people in the cars? Are they alive? What about the building's occupants? My perspective has shifted, much like how my time in crypto has evolved. From youthful confidence, I now understand the unpredictability of life in this space. I've seen fortunes made, then lost, arrogance fade into despair, and the understanding that long-term survival and steady profits are the true goals.
Looking at the newcomers today, I remember my own excitement but also the harsh reality of the market. Now, my focus has shifted to practical matters: How can they survive? How can they avoid the traps of heavy losses, particularly from margin trading or investing in risky coins? And what happens when debt piles up? What about their families, loans, mortgages? How can I offer guidance?
In truth, making money in crypto is easier than stock trading for many, but too often people are still blinded by the hope of getting rich quickly. They're reluctant to put in the necessary work and study, always looking for shortcuts, which ultimately leads to failure. While the idea of quick wealth still exists, the recent bear markets have weeded out many of the early enthusiasts who once profited massively. Those who did well before have shifted their focus, selling altcoins or investing heavily in Ethereum. Leverage can double your Ethereum holdings, but it can also wipe you out with a bad entry point.
Many who’ve entered crypto recently haven’t tasted success and are now discouraged. The underlying causes of this are simple: greed and a lack of knowledge. If you manage to keep greed in check, you can still achieve steady, sustainable returns—1% a day, over 100% per year. That’s often more than what you'd make in a regular job, and it's definitely attainable. Don’t fear failure, because the key is to rise after each setback.
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Having spent so many years immersed in the crypto world, if we were to measure its age in terms of the industry's own timeline, I'd probably be in the phase of "Forty and Confused" or "Fifty, Understanding Fate's Will." Reflecting on the money gained and lost, the times I once rebelled against destiny, and the early dreams of achieving wealth and financial freedom—these all stemmed from the unique nature of the crypto world and the early rewards it offered. In those initial days, many were lured in by the promise of financial freedom, but few have managed to persevere. Those who have made it are a combination of curiosity and being at the right place at the right time.
For newcomers or small retail investors, particularly those who’ve joined in the past couple of years, it’s like watching young professionals enter the workforce. They’re full of enthusiasm, chasing the same dream of riches and freedom that I once had. When I look at them now, I see my younger self reflected in their drive.
Back in the day, watching 'Transformers' or Marvel movies, I’d marvel at the protagonist’s powers and the sheer drama. Now, I watch those same scenes and wonder—what about the people in the cars? Are they alive? What about the building's occupants? My perspective has shifted, much like how my time in crypto has evolved. From youthful confidence, I now understand the unpredictability of life in this space. I've seen fortunes made, then lost, arrogance fade into despair, and the understanding that long-term survival and steady profits are the true goals.
Looking at the newcomers today, I remember my own excitement but also the harsh reality of the market. Now, my focus has shifted to practical matters: How can they survive? How can they avoid the traps of heavy losses, particularly from margin trading or investing in risky coins? And what happens when debt piles up? What about their families, loans, mortgages? How can I offer guidance?
In truth, making money in crypto is easier than stock trading for many, but too often people are still blinded by the hope of getting rich quickly. They're reluctant to put in the necessary work and study, always looking for shortcuts, which ultimately leads to failure. While the idea of quick wealth still exists, the recent bear markets have weeded out many of the early enthusiasts who once profited massively. Those who did well before have shifted their focus, selling altcoins or investing heavily in Ethereum. Leverage can double your Ethereum holdings, but it can also wipe you out with a bad entry point.
Many who’ve entered crypto recently haven’t tasted success and are now discouraged. The underlying causes of this are simple: greed and a lack of knowledge. If you manage to keep greed in check, you can still achieve steady, sustainable returns—1% a day, over 100% per year. That’s often more than what you'd make in a regular job, and it's definitely attainable. Don’t fear failure, because the key is to rise after each setback.