Crypto Dreams to Reality: How One Turned Nothing into a Million-Dollar Fortune

First Stage

When people newly enter the crypto market, they always consider themselves the smartest people. They think that they are the only ones who can sell at the top and buy at the bottom. In reality, after one month, their beautiful dream crashes because their principal amount is largely affected by the handling fees. At this stage, many new traders learn about emotional control. So, at this stage, you will face many problems and continuously accumulate more knowledge.

Second Stage

There are many possibilities at this stage, like the project party running away. Your account shrank by 80%. All of your indicators have failed, and you will fall into confusion. At this stage, most of the people decide to leave the market and do some other work. Some traders want to recover. Therefore, they started to follow more and more KOL leaders.

The Third Stage

At this stage, people learn about the game of probability and speculations. After learning the Sharpe ratio, the traders gain knowledge about the potential risk. Learn about the effectiveness of stop loss and no longer be obsessed with the absolute bottom.

Fourth stage

You are now quite old and experienced. You already learned about the balance of positions, ups, and downs. Furthermore, you have seen the trading world look cyclic in nature. Whoever influenced the trading world, the result was always displayed in the cycle. Your mind adopted the calm nature and prepared for the next adventure.

In summary, 90% of people got stuck at the first and second stages and left the market. While those who reach the third level accumulate more profit, and those who reach the fourth stage gain the million-dollar profit.