You think that in the cryptocurrency world, if you put 10,000 yuan in for ten years, you can turn it into 1 million yuan.

In fact, you put in 10,000 yuan, and only 5,000 yuan is left the next day. You can't sleep that night. After a year, the currency value fluctuates between 1,000 and 6,000, and you say you will sell at 9,000.

The bull market is coming, the currency rises to 8,500, you think it will pull back, sell it and prepare to buy it again at 6,000. You start to make money, but this time you can't get on the train, and you quickly buy it back at 9,000, and the currency is less.

Then it pulls back to 7,000, and you regret it and operate again. Watching it rise to 12,000, you make money, and wait for a year to make an annualized profit of 20%, you feel like Buffett.

All-in, full warehouse, sell at a loss, chase the rise and kill the fall, this is the real appearance of a novice.

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