The greatest illusion that the cryptocurrency world gives people is that many who are struggling or dissatisfied in real life always believe that cryptocurrency is the only place where they can turn their lives around and get rich. Next, I am going to say some very harsh truths. If you are very sensitive and do not want to hear the truth or lack the courage to hear it, then do not continue reading.
The general perception of normal people is that those who play in the cryptocurrency world are very impressive and awesome. But in reality, after getting involved, the cryptocurrency world might be the financial market that has the most 'losers'! Generally speaking, those who trade stocks or futures are much wealthier than those in the cryptocurrency world! Many people only look up at the tip of the pyramid, thinking that people like CZ, Sun, and He Yi are all wealthy, believing that making money in cryptocurrency is too easy! Little do they know, the thousands at the bottom of the pyramid are stepping stones like you.
In reality, the people I encounter in my life who trade cryptocurrencies are often the lowest members of society, and they have lost hundreds of thousands or even millions! They are delivery workers, security guards, and couriers! They might have seen too many stories on social media about getting rich quickly in the cryptocurrency world! They all think that cryptocurrency is the only way to change their miserable fate! Moreover, these people firmly believe they are the chosen ones! They think they have the luck to get rich! So they go all in on contracts and leverage everything! The result is that not only do they not get rich, but they also end up in debt! They don’t have the time or motivation to learn basic technical knowledge, and they have no risk control in their minds.
Many people deliver food during the day and trade contracts at night. They save capital while delivering food and trade contracts at the same time! I have really never seen some social elites or those who manage companies or start their own businesses in real life trading cryptocurrencies. Most of these cryptocurrency traders cannot even withdraw a few hundred or a few thousand in capital. Therefore, they place their hopes on the cryptocurrency world. They want to turn their lives around and change their fate through cryptocurrency.
But the reality is harsh, most people in the cryptocurrency world cannot change their fate! Because the logic is interconnected, many people do not earn money, their salaries are low because of character flaws, lack of core skills, laziness, and various other issues. Does that mean that your problems disappear when you start trading cryptocurrencies? Can the cryptocurrency world change the fate of someone who is completely useless, lazy, and uninterested in learning, with no capital and not even knowing to work hard to save some capital?