In the field of encryption, how much money do you need to earn to change your life?

"Life-changing wealth" is a relative concept that depends on one's life and perceptions. True winners know how to set goals and know when to take profits, rather than get lost in endless desires. This article is from an article written by 2Lambroz and compiled, compiled and contributed by Foresight News. (Synopsis: ByteDance Engineer to Tens of Million Dollar Crypto Traders: Calm Wealth Cryptography and Trading Philosophy) (Background supplement: From Zero Leverage to Stable Profit: A Crypto Trader's Six Years of Review Experience and Lessons ) A friend asked me the other day, "Do you think $200,000 can change your life?" For some, the answer is yes; But for others, it's not at all. It's this perception gap that leaves most of us confused — because we never know exactly what "life-changing money" or "financially free money" means to us. Let me tell you a story: about an unexpected gain from my friend, and the experience of a poker player who voluntarily abandoned "Pocket A" ( the strongest starting hand in poker because of clear goals and self-discipline ) At first, I didn't take it too seriously and casually said, "$200,000 is a good amount of money, but it's not life-changing." My friend immediately interrupted me and said, "You are being influenced by the cryptocurrency community too unrealistically." He's right. In cryptocurrency circles, people talk about million-dollar profits and losses as easily as they say pocket money. This environment can distort your perception and make you think that "less than seven figures of money is not worth mentioning." But jump out of the circle and you'll find that $200,000 can help someone pay off debts, pay off part of their mortgage, or buy someone years of "breathing space" ( no need to worry about livelihood ). Such money can indeed change lives. To think about this, the key is to answer three questions: * How much money do you "need"? - Can cover actual living expenses, debts, and the amount of contingency reserves. How much money do you "want"? —— The amount that can be used to improve the quality of life, buy comfortable goods, or "no more worrying about bills". How much money do you "actually make"? - Judge by the income from your work, your savings rate, and the real advantages you have in the cryptocurrency space. For a teacher with an annual salary of $80,000, getting a one-time benefit of $200,000 is definitely a big deal; For a banker earning $200,000 a year, the money is great, but not enough to completely change the state of life; And for someone earning seven figures a year, $200,000 may just be the profit of another ordinary transaction. "Life-changing money" is never an absolute number, it is always related to your life baseline and personal perception. About the psychology of "enough" There's a cognitive trap here: people's desires escalate. When you make $200,000, your goal suddenly becomes $500,000; When you make $500,000, you think $2 million is enough. Cryptocurrencies allow you to amplify this mindset infinitely, because the gains can be extremely violent: you wake up in the morning feeling "life has changed" and by the evening you may return to square one. It's like playing poker: sometimes discard "pocket A" ( a good hand ) It may seem ridiculous, but insisting on pursuing the next bigger round will make you lose all over the game. The real risk is not in "losing", but in "never knowing you've won." Think in terms of "ranges" rather than "absolute values" Instead of thinking of "life-changing money" as a binary concept of black and white, think of it as a gradient range: 1. Improved life level: Money that brings small luck and improves daily comfort. 2. Change life level: Money that can reset the standard of life and completely improve the situation. 3. Financial freedom: Money that allows people to completely control their lives without compromise. What level do you really want to achieve? And at what level is it capable of reaching? If you don't make it clear in advance, you will always fall into the rules of other people's games and blindly chase. The trade-off between time and money Put another sober perspective: don't just focus on the "amount", but also pay attention to the "amount of time" that money can buy. * The current $200,000 may buy you a "buffer period" of 3-5 years ( no need to run for livelihood, and you can plan your time ); * But you may also choose to take a risk and want to turn that 200,000 into 2 million, but you may end up with nothing. In the cryptocurrency space, there are many cases of "getting rich overnight", but the real key is to turn this short-term gain into a sustainable livelihood. Measuring success by "how much free time is earned," not "how many numbers are in your account," will keep you awake and grounded. The Enlightenment of Poker There is a poker game video that made me experience this truth firsthand. David Fishman, a teacher, competed in a high-stakes poker tournament. He got "Pocket A", one of poker's strongest starting cards, but before the flop, he chose to fold ( this ( can be seen at 19:00 )) [film]. Everyone thought he was crazy, and it wasn't until after the flop that everyone discovered that the other player's card was "Four 6s"( which could easily beat the "pocket A" card ). If Fishman had chosen to play with the cards at the time, he would have lost badly. On the surface, abandoning "Pocket A" was ridiculous, but this decision helped him save his previous gains. Why did he fold? Because he has long been clear about his "target amount". At that time, his income was already 3 times his annual salary, and for him, this money was "life-changing money". He didn't want to risk losing the money that would completely improve his life in order to "prove that he can play poker." He knew exactly what he wanted: to get the proceeds, go home to his family, and keep the money in his pocket. This "clear goal" perception is his greatest advantage. The cryptocurrency space is like an ongoing poker game: everyone wants to move on to "playing the next game" in anticipation of bigger gains. But the real "win" is knowing when to stop – this "stop" may not be permanent, but you must have a clear strategy. Improving lives, changing lives, financial freedom – first think about what layer you want to pursue, and then determine your "target amount". If you don't even know yourself, the market will make decisions for you, and the result is often not too friendly. Related Stories Trader's Memoir: I Profited 100% on PEPE with Soros Method Trader James Wynn's High Leverage Legend at Hyperliquid: From 6 Million to 43 Million Magnesium Arthur Hayes: Bitcoin will enter "only up but not down mode"! Genius trader Eugene shorts altcoins and exits the market with a stop loss and turns to the sidelines "In the crypto space, how much money do you have to make to change your life?" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".