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There are two ways to get rich in crypto, but most of the beginners make a lot of mistakes before learning their lessons, which makes the journey to success difficult for them, most beginners see cryptocurrency as a way to make a quick fortune and have a presence in the market, which is a very dangerous mindset to have in the crypto space and results in a lot of bad decisions that will reduce their portfolio to😭 zero.
Now let me tell you how to get rich in crypto, you might be thinking that you need a complicated plan to achieve great success, but in reality this is not always the case, you have two options to get rich in crypto, remember I am not talking about gambling on some random memecoin, I mean getting rich strategically.
A. start with a quarter of what you think is rich, if it is $1 million rich for you, then you need $250k to start for you to get rich in a reasonable amount of time, with that amount you don't need to know much about cryptocurrency, all you need is to buy it in a bear market and store it in a secure non-custodial wallet, Over time, your wealth will continue to grow as you continue your business, You don't need diversification with this method, it's okay to just buy $BTC.
B.starting small and growing over time, this method of getting rich may require some patience depending on the market conditions, you just need to be patient, let's say you started with $1000 in a bear market, the best thing to do is to put $1000 for $BTC, secure it in a non-custodial wallet, let bitcoin make a move while you learn about the market, Get as much information as you can, Learn about DeFi, staking, farming, airdrops, futures trading, etc., after a while, you will definitely BTC gains, then you can diversify now, buy 5 altcoin with your BTC profit, keep your capital ($1000) USD, start selling to USD when you see 5x gain on your altcoins. Sit back and wait for another collision, then repeat until you reach your goal, remember that this requires energy, so you have to pay the price, I believe you can do it 😎 and follow me👍 for support
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