As a professional translator, I will translate this news article into English in a descriptive tone, ensuring accuracy and fluency of the sentences while retaining proper nouns and all
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Coin World reports:
A reader asked the following question in the comments area:
If one is able to invest enough time, has strong execution ability, and a strong willingness to learn, how can one quickly go from zero to a hundred thousand dollars in the blockchain industry?
Seeing this question, I have mixed feelings:
First, I think that sometimes people really need luck. Sometimes the importance of luck may exceed all other factors.
I was lucky to enter this ecosystem.
Looking back to when I started writing articles in 2019, my set Bitcoin dollar cost averaging was only $8000 to $10000, and Ethereum was only $400.
Looking back with hindsight, in the market conditions of that year, it would have been very conservative to say that with less than $20,000 in capital, it would have been enough to reach $100,000 in two years.
However, time flies, and in just a few short years, that situation is unlikely to recur.
In today’s market conditions, for the new generation to enter this ecosystem, although there will still be many opportunities, can they achieve the same returns within two years with the same effort and sweat that we put in back then like those lucky ones?
I’m not sure, and it’s probably difficult to give precise advice.
However, there is one viewpoint that I think should apply to any era, which is an old saying from our ancestors:
Wealth does not enter a hasty door.
I suggest that the new generation of investors who hope to enter and cultivate this ecosystem not be too hasty, but instead approach this ecosystem with a calm and rational mindset, especially when it comes to viewing the various phenomena in this ecosystem, and to view the “get-rich-quick” myths with a calm mindset.
When I entered the ecosystem, I was also inspired and excited by those get-rich-quick myths. But as time passes, I have become very indifferent to those experiences, and only another type of experience is still very precious and nostalgic, and can still give me motivation:
That is when I consulted with the predecessors in the ecosystem about certain issues, especially when it comes to the blockchain spirit, the values of the blockchain ecosystem, and the value orientation of blockchain projects, the scene when the predecessor gave me careful guidance.
At that time, the predecessor would often deign to spend several hours or even half a day talking to me about one or two questions, and shared his understanding of values and value orientation, how he viewed a project, and how he understood a project, through talking about the history of Bitcoin, his experiences, and his insights.
So that today, whenever I see the viewpoints of the predecessor, I don’t need to read his words carefully, and I can guess why he thinks that way and what his judgment process is.
When discussing issues with the predecessor, I would forget about the price fluctuations, market trends, and get-rich-quick myths, and would look at a project’s past, present, and future from a fundamental perspective. I would think about whether a project’s development is in line with the trend of the ecosystem, whether its characteristics align with the values of the ecosystem, and whether it is a genuine blockchain project or a disguise.
If one can understand and grasp these issues, when looking at a project, one can naturally judge its value, think about its future prospects and potential, and when a good project’s price plummets, one will not panic but rather will be delighted to increase their position, and even when the entire market is in despair, one can still see an infinite brightness ahead.
However, if it were in those days, and someone asked me: With your current mindset and operations, how long will it take for you to earn XXX?
I definitely couldn’t answer that back then, because I couldn’t predict whether I would have the luck to earn XXX, let alone when it would appear.
But now, if I encounter such a question, I would firmly believe: If one is truly able to invest enough time, exert strong execution ability, and has a strong willingness to learn, although I cannot predict when the opportunity to earn XXX will appear, such an opportunity will definitely come.