#币圈起伏落袋为安 #Blockchain

I have been in the trading market for ten years without realizing it. Before entering the cryptocurrency industry, I worked in many industries, including import and export trade, physical factories, training institutions, stocks, and futures trading. As an old leek who has experienced the cryptocurrency and stock markets for ten years, my mental journey can be said to be magnificent, full of ups and downs and repeated lessons.

Ten years ago, I entered this ups and downs financial world with curiosity about the unknown world and yearning for wealth freedom. In the first few years, I was almost swinging between excitement and disappointment. Seeing the stories of others getting rich from various air coins in the market, I greedily invested in every hot spot, hoping to make a lot of money quickly and achieve the ideal of life across classes. However, the reality is cruel. Constantly chasing ups and downs made me suffer heavy losses, and constantly blindly following made me sink deeper and deeper. Bottom-fishing LUNA directly made me doomed. Slowly, I began to realize that without sufficient underlying logic and top-level cognition, it is impossible to achieve wealth freedom and cross-class by emotions and blindly following. So, I positioned my efforts on improving my underlying logic and top-level cognitive ability, and began to systematically study the nature of blockchain and the nature of financial markets and their operating rules. I spent a lot of time studying the rules of various transactions, the trading rules of stocks, and the trading rules of the emerging cryptocurrency market, trying to find a stable way to make profits in the volatile market. With the accumulation of time, I communicated with many so-called trading masters. I believe that the trading strategies and plans in NiuX are only applicable to a certain period of time. Because in the whole process, all effective strategies will change to varying degrees with the entry or withdrawal of trading people or trading funds. This variable cannot be controlled by someone or some amount of funds. This is also the fundamental reason why I believe that all transactions cannot be profitable in the long run.

After ten years of experience, I have gained some basic logic and top-level understanding of the financial capital market (stocks or coins):

The underlying logic:

- Market psychology: The essence of cryptocurrency and stock speculation is the process of users competing with each other (the only real profit is made by the dealers, and even some dealers will be cut off). In the market, no matter what the value is, the final price is determined by the cognition and emotions of both buyers and sellers.

- Supply and demand relationship: Market prices are determined by supply and demand. Whether it is a stock or a coin, the price will rise when most people are optimistic about it, and the price will fall when most people are bearish (essence: this stock or coin must have its own value).

- Risk and return coexist: high risk may bring high returns, but also with a higher risk of loss. Controlling risk is an eternal theme in trading (the ability to control risk, the essence: here it can be understood as the proportion of fate and cognition). The higher the cognition, the lower the risk factor (the lower the probability of being influenced by fate), and the lower the cognition, the higher the risk factor (the higher the probability of being influenced by fate).

Top-level cognition:

- Long-term investment: focus on long-term value rather than short-term fluctuations. Choose those potential and promising targets for long-term investment. Such investment can often cross the bull and bear markets and obtain more substantial returns (essence: must clearly recognize the core value of this target.).

- Respect the market: The market is always right, respect the market, and follow the general trend of the market. Don't try to predict the market, but learn to adapt to the market (essence: understand the rules of the market, each industry has its own underlying rules, only by mastering the underlying rules can you use the rules to make money.).

- Self-discipline and emotional control: In the financial market, the most difficult thing to defeat is often one's own greed and fear. Only by cultivating firm self-discipline can one remain invincible in the storms of the market. (Essence: Recognize the underlying logic and rules of the industry you are engaged in, and follow these underlying rules when encountering anything, and do not be easily influenced by the external environment, people or things)

Brothers who read this article carefully can comment @ me, let’s share experiences, study blockchain knowledge, and find out where the coins that will increase a hundred times or a thousand times in the future are. I hope we can witness and grow together.