May 22, 2023 Grandpa checks in
Today is Pizza Day, a special festival for people in the B-circle. On May 22, 2010, in order to make the value of Bitcoin recognized, someone chose to pay 10,000 pizzas to buy two pizzas, which is currently worth about 300 million US dollars. This is also the first time that Bitcoin has been used as a currency. In order to commemorate this behavior, people in the B-circle organized a Pizza Day to celebrate this great innovation. Up to now, the use of pizza has become diversified, from the early trading currency to the functions of storing value and trading targets. Its price has also gradually reached new highs. I also hope to witness the emergence of new highs for pizza together. #币安披萨
The birth of pancakes is a mysterious thing, and its development is even more magical. It has survived from the brink of death several times. Have you noticed that few people are discussing the life and death of pancakes now, and basically no one says that its price will return to zero. The right to speak is always in the hands of the strong. When 10,000 pancakes can only be exchanged for two pizzas, anyone can look down on it, or even step on it. But when 10,000 pancakes are worth 300 million US dollars, even the president of the United States will be afraid. So for people in the industry, hoping that the price of pancakes will reach a new high is also a selfish desire, and of course there is confidence.
Recently, I have found a phenomenon in my communication with some investors. In the investment process of nearly half a year to a year, many people have tossed a lot of coins, but in the end, they still ended up with a loss. In my opinion, investment is a matter of following the trend. You must be calm in your mentality to deal with the emotions of the price change process. From the perspective of an observer, most people's investment skills are not professional, and tossing in the big bear market is actually magnifying their own shortcomings. What I have always emphasized is that our goal in the big cycle is to layout and get as many chips as possible. If we chase short-term profits too much, we will put ourselves in danger.
Take the recent market as an example. When the market is almost non-volatile, no matter how hard you try, you can't change this objective fact, which means that your position will not fluctuate too much. Therefore, the best way is to watch less and do less. The time when the market fluctuates violently only accounts for 10% of the total time, and the time when it is easy to make money may only account for 1%. We must be as restrained and patient as possible in the other 99% of the time, like a sniper, and strike decisively when the opportunity arises. Now is the time to test patience. Wait for the trend to appear before we act.
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