The $100 million dream of getting rich in crypto is 7 times more courageous than the former richest man Wang Jianlin

Source: Liu Jiaolian

The internal reference of Rijiao Chain excerpted and commented on what crypto novices circulating on the Internet should pay attention to at each stage between 1,000 knives and 100 million knives. In fact, it was an old article that was dug out by industry media. It even had eye-catching titles such as the path and suggestions from $1,000 to $100 million.

In fact, it is almost impossible to say that it is absolutely impossible to grow assets to 100 million dollars with only 1,000 dollars, sparks and lightning all the way.

The "small goal" of Wang Jianlin, once the richest man, was only 100 million yuan, and he was criticized by netizens. Is the cryptosphere really a paradise for the paranoia of getting rich? He started with a "small goal" of US$100 million, seven times more arrogant and bold than the former richest man who believed that "Tsinghua University and Peking University are not as bold as Tsinghua University"? !

Even if you travel back in time and use 1,000 dollars to buy 500 Bitcoins at a price of 2 dollars in 2011, at today's price of 43k, it is only a "merely" more than 20 million dollars, far away from the Internet. The "small goal" of $100 million posted is still five times away.

How difficult is it to buy 500 Bitcoins in 2011, go through bulls and bears, go through ups and downs, and hold them all the way until 2024?

You might as well touch the pit of your heart, examine your own worth, and then examine the virtues of your ancestors. Are they enough to enable you to win such a fortune?

Not to mention that the goal of the online post is to achieve results that are 5 times higher than this difficult move!

Looking at the large numbers, even if there are 20 million people in the world participating in the encryption market, 1% of them "started from scratch" to make 100 million U.S. dollars like online posts, which means a net profit of 20 trillion U.S. dollars. US dollars (the principal of US$1,000 is negligible).

Dear readers, do you know what this concept is? The full-year GDP of the United States in 2019 was just over US$20 trillion.

Not to mention that all the "suggestions" and "methods" posted online are for making money on the market.

The encryption market has developed for 15 years. What is the total market value today? CMC’s data is 1.65 trillion knives.

Pumping 20 trillion dollars of water out of a pool of less than 2 trillion dollars? How ridiculous does this have to be?

Not to mention that the market value is fictitious.

The total amount of stablecoin USDT is now less than 100 billion. Its market share in stablecoins is about 70%? Extrapolating back, the total size of stablecoins in the entire market is about 150 billion U.S. dollars.

$150 billion is the real amount of underlying funds in the entire encryption market.

Not to mention 200,000 people each earning 100 million US dollars, even if you earn 100 million US dollars with nothing, you have also earned nearly one thousandth of the underlying funds in the entire crypto market!

Therefore, no matter how reasonable and wonderful the so-called "suggestions" in online posts look and sound, they cannot be even 1% replicable. It can even be cautiously suspected that there is not even one thousandth reproducibility.

So, is there any use in seeing a methodology that is not replicable at all? Are you enjoying yourself? Is it obscene? Daydreaming?

In fact, looking at it from the other side, it may be more appropriate. How to turn $100 million into $1,000 in the crypto market. There are many ways to do this.

To talk about how to make 100 million dollars, the more feasible way is: take 1 billion to 10 billion dollars in principal, find a safe and stable financial management company with an annual return of 3-10%, and earn 100 million dollars every year. You can earn about 100 million dollars.

As for how to come up with a capital of 1 billion to 10 billion dollars, this is definitely not something that any online post, big V, or KOL can teach you.

Once the dream of getting rich is ignited in your heart, the more likely outcome is that you become so anxious that you sacrifice your own capital for others to achieve the goal of 100 million dollars.

Before hoarding 1 million dollars in spot assets, work hard, get promoted faster and get a salary increase, make money off the market and save BTC, which is a suitable approach for most ordinary people.

The safe APR will not exceed 10%. $1 million multiplied by 10% is $100,000. 100,000 knives is 700,000 RMB.

Before your salary reaches this level, spending time on your own job (or part-time extra money) will increase your income, and the effect will be much higher than wasting time chasing the rise and fall in the market. On trivial matters such as wiping out unnecessary wool.

Strive to increase your off-site income level from an annual salary of 100,000 RMB to 300,000, 500,000, or 700,000 RMB. The higher your income, the more likely you are to have more spare money to hoard BTC, thereby increasing the number of assets.

At this stage, the market only cares about the currency standard, that is, the growth in the number of BTC, and does not care about the price fluctuations of BTC and the market value of assets.

So, from the first day, we must start to establish BTC-oriented thinking.

When your spot BTC assets cross the threshold of 1 million U.S. dollars, at an APR of 10%, the value will increase by 100,000 U.S. dollars a year, which is 700,000 RMB, which is almost equivalent to or It exceeds your off-site income level.

At this time, if you want to increase your off-site income from 700,000 RMB to 1 million or 3 million RMB, it will be exponentially more difficult to rely solely on part-time work, because the entire society can tolerate such high salaries. Positions are extremely limited.

At this time, we have entered a critical point, and we need to start to shift our focus from pursuing off-site revenue growth to balancing off-site and on-site development.

All of this is just a more pragmatic approach to treating oneself as an ordinary person and making a more optimal allocation of time and wealth.

Furthermore, the absolute value of 1 million dollars is as meaningless as 100 million dollars.

You don’t need to compare yourself with others.

What really makes sense is the 10% APR.

The reciprocal of 10% is 10 times.

What it means is that when your accumulated BTC assets reach 10 times your annual income, your financial situation has entered a critical point.

If you have an annual income of $10,000 and have no worries about expenses, then the critical point is $100,000 in BTC assets.

This is financial freedom.

You don’t need to beat other people.

The only one you need to defeat is yourself.

This is a replicable method suitable for most ordinary people.