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Handling Sudden Wealth: Tips for Managing Unforeseen Financial Gains

I was chatting with a friend recently. What should a person do when he makes money beyond his awareness?

1. What is money beyond cognition? It is easy to understand in the currency circle. You only have a few thousand U in capital, and you are still thinking of various ways to rush for tens of thousands of U. However, you rush for an unknown local dog, and then this local dog. I earned you a million U.

2. At this time, give up your previous way of making money, stop being aggressive, calm down, and go out for fun. You can’t do any more transactions anyway.

3. Improve your own awareness. The next thing you have to do is to double a million U. If you use a few thousand U to defeat the local dog, the chance of making another million U is very small. But if you use tens of thousands of U, If you spend hundreds of thousands of dollars to go against Tugou, you may go back to before liberation overnight. Going against Tugou is a very cost-effective thing.

4. It’s time to change the track. The simplest track is to buy a big pie. If you put your millions of dollars into it, there won’t be any splash on the pie. But the size of the pie has increased from 1.8 last year to 7.3. If you go in, the price may increase from several million U to tens of millions U. In a word, if you have big money, you can play in a bigger pool and improve the price/performance ratio.

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