Can ordinary people really make 1 million in the crypto world?

More than two years ago, there were hardly any people around me making money in the crypto world. But in the past two years, things have changed—more and more people have reaped considerable returns in this field. Looking back at the market in 2021, most coins were priced at only half of what they are now. I noticed a phenomenon: I have hardly seen anyone trading spot complain about losing money, while those playing contracts tend to lose more than they earn.

Of course, there are also people who find contracts "really attractive" and believe that they are friendly to veteran players. Indeed, they may have mastered certain methods and have actually made money. However, for the vast majority of people, it is almost impossible to turn their fortunes around with contracts without having capital strength close to A9 level.

However, this experience did bring me the biggest change after graduation: I began to understand the power of persistence and learned to maintain a calm mindset to learn from others.

I have followed quite a few influencers outside of the platform and on Xiaohongshu, and I found that most of their content emphasizes "trading commissions." This may be the reality for ordinary people in the crypto world: wanting to make some small money through commissions. However, the more I think about it, the more I realize that only by focusing on doing my own thing, staying away from contracts, and not teaching others about contracts can I go far.

The crypto world indeed has an element of luck. As ordinary people, we must accept a reality: not everyone is guaranteed to make a lot of money, and survivor bias is everywhere. When you see others getting lucky and making money, there's no need to be envious; don't easily believe in myths like "the crypto world is easy" or "earning over a hundred thousand a month." Just because others can earn, it doesn't mean you can too.

For the average person, the safest route may be to invest regularly – to坚持定期投入, and make friends with time.

If you are good at investment research, don't be anxious just because others are making money from airdrop; if you are proficient in smart contracts, there is no need to be envious of traders' profits. Focus your attention in one direction and continue to delve deeply; this may be the core ability we should cultivate at present.

Many things are not persisted because one sees hope, but rather one sees hope because they have persisted. Persistence can not only dispel the emptiness of daily life, but also provide a spiritual support outside of one's main profession.

When I first entered the crypto world, I was also attracted by those screenshots of "earning hundreds or thousands a day." But after really sticking with it, I found that making money isn't easy. Gradually, I discovered that I fell in love with this unpredictable world; even if I don't make money, I'm willing to spend time researching and observing. From pursuing profit to truly loving it, this is an important transformation.

It's certainly good to make money, but even if you can't, it expands your cognitive boundaries. Many friends I know in the crypto world have their own main jobs and treat the crypto world as a side job. This side job not only supports the main job but also keeps you sensitive to the times and helps you acquire a new skill.

Do not copy others' mindset; life is inherently full of uncertainties. If you cannot see a return in the short term, consider treating it as a long-term endeavor.

Finally, I want to make it clear: I have always been optimistic about blockchain technology itself, but I have consistently held a critical attitude towards the speculation and the phenomenon of exploiting investors in the crypto world. In China, opening a virtual currency exchange and related businesses is considered illegal financial activity, and I never advise individuals to blindly speculate on coins.

But even so, many people are still curious: do virtual coin exchanges really make that much money? How does this crypto world actually operate?

Everyone has a different perspective and focus. If you grasp it well, there may be a chance to achieve a leap in wealth; if not, you might become a target to be harvested. Don't easily believe those promises of "mentorship"; think about why others would want to teach you the secrets of making money?

There is a saying: all the gifts in fate are marked with a price in the dark.

If my experiences and thoughts have touched you even a little, feel free to like or share.