"Things are gone, it's useless to cry on the edge of the bed."
Some made a profit of $1 million but there were others who made $0 through the same investment, so it can be seen that the secret to making a large amount of money in the cryptocurrency market is patience and time which also play an important role.
This is because a first time investor gets a clear opportunity to earn $12 million but misses the opportunity and his dreams of becoming a millionaire are dashed in the blink of an eye.
As explained further, the investor purchased approximately 1.25 million dogwifhat (WIF) memes worth $5,000 in December 2023 which is also the launch date at a modest price of $0.004.
It cannot be denied that the investor's portfolio would change to $7,000 instead of $5,000 if the price of WIF goes up within a week, but those who think a $2,000 profit is a genius move have acted to sell all their holdings in the coin.
If the investor held WIF for just three months, the $5,000 investment could turn into $12 million and all of those life-changing profits would be achieved in less than 100 days of investing.
A series of losses led to millions in profits, the investor then put in $100,000 in other cryptos but it all disappeared in the blink of an eye, so he has made an anonymous statement on the X platform to teach investors how to stay in the long run.
As of this writing, the price of WIF trading at $3.42 has recorded a decline of 7.98% in the last 24 hours with a market cap of over $3 billion and a decline of 9.78% over the past week.
