You think that investing in the cryptocurrency world is to easily invest 10,000 yuan, ignore it for ten years, and wait for a million yuan in returns.
But the reality of the cryptocurrency world is quite different: you just entered the market with 10,000 yuan, and it may shrink to 5,000 the next day. You tossed and turned that night, and every night after that, even if you woke up because you had to pee, you couldn't help but check the market, for fear of missing a slight fluctuation.
After a long year, the price of your currency fluctuated between 1,000 yuan and 6,000 yuan. You secretly vowed that if it fell to 9,000, you would reluctantly give it up.
Finally, the bull market came quietly, and the price of the currency climbed to 8,500 yuan. Based on your experience, you judged that it would fall back to 6,000, so you decisively sold it and prepared to pick it up at a low price to earn the difference. At first, after several operations, you did make a small gain. However, this time, the market did not break through the 9,000 mark as you expected, and you missed the opportunity.
In a hurry, you bought it back at a price of 9,000, but found that the currency in your hand was not as good as before. Later, the price of the coin fell from 9,000 to 7,000. You regretted it and fell into the vortex of frequent transactions again.
Fortunately, the price of the coin finally climbed to 12,000, and you finally saw the return after a year. After selling, you calculated that the annualized return was only 20%, but you compared yourself to Buffett and were complacent.
Little did you know that this "all-in", "full warehouse", "cut meat", "chasing up and killing down" is the most common portrayal of novice investors. For more in-depth analysis and practical skills, please click on the avatar to explore!
