How to invest in cryptocurrency and guarantee a stable income? My initial investment was 50,000, which grew to 100,000, then 302,000. In the third year, it reached 590,000. In August of the fourth year, it reached 3.78 million. In November, it reached over 7 million. Until the following years, I could easily withdraw 30 million from the cryptocurrency market. What's the most ruthless way to make money in cryptocurrency? One word: Snowball! A few things to note about snowballing: Sufficient patience is crucial. The profits from snowballing are enormous. If you can successfully snowball a few times, you can earn at least tens or hundreds of millions. Therefore, you can't snowball easily; you need to find opportunities with high certainty and a high probability of success. What is a high probability opportunity? It's when the price plummets, then consolidates, and then suddenly surges upwards. At this point, the trend is likely to reverse, and you need to get on board quickly and not miss the opportunity. 10%-100% Version ① Only 10% of people can make money in this market because it's inherently a zero-sum game. ② Your profits will only be generated during the 20% of bull market periods; the rest of the time, those without investment logic and patience will be eliminated. ③ You must be prepared to withstand 30%-50% drawdowns to ultimately succeed; otherwise, the process will be torture. ④ 40% of retail investors may be wiped out as soon as the market begins; this circle has more pitfalls than you imagine. ⑤ At least 50% of people in this market will choose to trade futures, and most will ultimately end up with nothing. Gain and lose everything; remember, contracts are gambling. ⑥ In a bull market, 60% of spot traders will make some profit, but those who hold throughout the entire bull market cycle are the ultimate winners. ⑦ It's estimated that 70% of people constantly deposit funds without ever withdrawing them; the crypto world is far more brutal than you imagine. ⑧ 80% of people are ruined by the wealth effect of this market, like drug addicts, harming themselves. ⑨ 90% of people are ultimately just passersby in this market, yet everyone thinks they are the chosen ones. In the end, 100% will reach $1 million; always believe this. Only snowball. Setting appropriate stop-loss and take-profit points is crucial. Snowballing is a high-risk strategy; market volatility can lead to huge losses. When entering a trade, we should set a reasonable stop-loss point. If the market moves against our expectations, we should stop the loss promptly to control losses.
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