I did so much right.

First, you should do the right thing and choose the right investment target. Choose a market with long-term vitality and some targets that are still in the sunrise era. If you choose to invest heavily in domestic real estate, you will end up dying like Guan Shanxiang (most likely by suicide).

Second, I did the right thing in the big cycle of buying low and selling high. I entered the circle in 2016 and experienced two rounds of bull and bear markets. I became financially free in 2021. I went short in late March 2022, closed my short position and went long at the end of June 2020, stopped profit on August 15, 2022, and bought the bottom in November-December 2022. Through bull and bear markets, the winner takes all.

Third, we should have a global vision and believe in objective laws in the medium and long term, rather than power. Power will eventually bow to objective laws. Why does Hong Kong want to build a global cryptocurrency center? Because it has no money. Why did China fully open up last year? Because it has no money. Why did China introduce such a large-scale stimulus policy this year? Because it has no money. Power can influence things for a while, but it will eventually bow to objective laws.

Fourth, keep pace with the times and seek truth from facts. The domestic investment circle has worshipped Buffett to the extreme, which also reflects the worship of money power rather than respect for objective laws. Old fans all know that I respect Buffett's strength, but I hate Buffett. I hate everything that does not conform to objective laws. What's more, I have crushed Buffett of the same age.

I have calculated before that Buffett had 1.03 million dollars (in 1962) when he was 31 years old. If the annual discount rate is 6% (which is impossible to achieve, and must be lower than 6%), 103*1.06^62=3818 (I calculated one more year for him), Buffett’s money would be only 38.18 million dollars today, and that’s even less than 3 small goals. Besides, I am not even as old as Buffett at that time.

Fifth, make a timely withdrawal when you earn a certain amount of money to ensure that you will not return to poverty, use leverage with caution, and insist on using free funds. During the bull market in 2021, I took out a portion of money that was enough for my family to live on for a lifetime, which guaranteed a minimum living standard and no worries. Secondly, use leverage with caution, use free funds instead of opening a private placement to gamble with other people's funds, and only use spot for long positions.

Sixth, do everything early. My experience fully proves the importance of the word "early". Go to school early, become famous early, make money early, and succeed early. I traded BTC in 2016, DeFi in 2020, L1 and Metaverse in 2021, ETH2.0 in July 2022, artificial intelligence and L2 in December 2022, and RWA in June 2023. These are almost the earliest in the world. Those who traded early are awesome, and those who traded late will take over.

Seventh, have a good attitude. For most people and things that are not related to me, I will not love them, nor will I hate them, and I probably will not sympathize with them. My attitude is to use them to find investment opportunities. Most people and things are fuel for the market. I don’t have any moral burdens, and I just need to obey the law. If a person is too moral, it is immoral to the market. When a person who is much stronger than you has no moral bottom line and obeys the law at the same time, it is almost invincible.

If you don’t know what to do in the current market and keep losing money, you can consult Si Qing. #美国6月非农数据高于预期 #BTC走势分析 #ASI代币合并计划 $BTC $SOL