Making money with Bitcoin has nothing to do with you

If you are a big dealer or a top predator in the currency circle,

will you go on a killing spree in a bear market or a bull market?

Definitely in a bull market,

because in a bear market, leeks don't come in at all.

What are leeks?

It's the group of people who chase the rise and fall, don't want to rely on cognition, and rely on luck;

It's the group of people who don't listen to him when he is told to study hard and don't listen to him when he is told not to speculate in coins;

It's the group of people who don't enter the market when the price of coins is low and they should enter the market, and enter the market when the price of coins is high and they shouldn't enter the market.

There is another kind of people who are very annoying,

when the price of coins rises, they come to ask you if you have made a fortune,

when the price of coins falls, they publish news about how many people have been liquidated.

It's the people who didn't buy it, want to laugh at you when it falls, and envy you when it rises.

What does liquidation have to do with me?

I neither speculate in coins nor add leverage.

These people may not even know what "liquidation" means,

buy in the secondary market, there are sellers when there are sellers, and there are buyers when there are sellers.

If someone's position is liquidated, someone else must make money, but in most cases, it is not the small retail investors who make money. These news are all headline parties, and there is no substantive content at all. Junk food is food that has no nutrition and is harmful to the body. Junk information is information that has no value and can damage your brain. You say, these people always look at these junk information, are they just like those fat people who eat junk food every day? In fact, whether Bitcoin goes up or down has nothing to do with most people. The rules of investment are very simple, so simple that there are only four words: buy low and sell high. It is so simple that most people don't believe it, but think about it, what kind of investment is not buy low and sell high? Even if you are shorting an asset, it is also these four words, just the opposite operation, sell high first and buy low. But the difficulty is here, what is low? What is high? This is a matter of opinion. In May 2017, the price of Bitcoin first hit 10,000 yuan. Would you dare to buy it? People at that time certainly didn't dare to buy it. But at the end of the year, it was close to 20,000 US dollars, which is nearly 150,000 RMB. It increased 15 times in half a year. Many investors came in. Then it fell sharply. The transaction was a process of mutual abuse. Buyers bought because they thought it was too cheap. Sellers sold because they thought it was too expensive.

Both sides thought the other was an idiot.

Later, Bitcoin rose back to 20,000 from its low point, and

the leeks began to stir again.

They didn't buy when they should have, and

they didn't sell when they should have.

But if you look back,

the current price is over 700,000 RMB.

That is to say,

no matter what price you bought at that time,

as long as you didn't sell,

you would have made a lot of money.

Even if you bought at the high point in 2017,

you could have made 5 times in more than 6 years.

What does 5 times mean?

An average annual increase of 72%.

You have beaten all the funds in the world,

including the mysterious "Renaissance" quantitative fund.

But how many people have done it?

At the end of 2018, Bitcoin plummeted from 20,000 US dollars to 3,150 US dollars in one year.

I haven't sold the Bitcoin I bought at 3,500 until now,

and it is currently 28 times.

Why do I say "currently"?

Because I will continue to hold it,

and I am still investing regularly,

so it must be more than 28 times.

But these are all flattened for you to see.

If you zoom in,

the process is tortuous.

The K-line is more exciting than your electrocardiogram,

jumping up and down.

So how can you keep calm?

The vast majority of people cannot see the essence,

so they can't keep calm at all,

so making money with Bitcoin has nothing to do with you.

Not just Bitcoin,

in fact, Bitcoin is not special.

All assets are the same:

there are a lot of leeks, and only a few make money.

In the short term, your luck may still be useful,

but in the long run, your good luck and bad luck will offset and neutralize,

and the only thing left is your cognitive realization.

This makes it easier to make money,

because everyone goes to the wide door,

and the narrow door is less crowded.

Zuo Hui said: When you have to do something difficult and correct,

in fact, many things are very simple.

For example:

find a good asset and hold it for a long time,

it's that simple.

But many people don't believe in simple things,

and have to toss,

find a sense of existence,

and then toss all the chips in their hands.

There is no way,

My colleague said:

There are two sayings,

One is: listen to others’ advice and you will have enough food.

The other is: don’t try to persuade others.

Indeed,

When the price of the currency fell, many people came to me to laugh at me.

Although they couldn’t see my joke,

when the price of the currency rose, many people came to me to ask if they could invest?

Really,

I really want to ask: what were you doing before!

Forget it, she is right!

Don't persuade others,

I always say:

Long-term bullish, short-term God.

If you plan to hold for a long time,

buy with your eyes closed.

If you just want to speculate,

you can ask God!

I am not God,

If you don't study it clearly,

you can't hold it when it goes up,

and you want to sell it when it goes down.

So,

Bitcoin making money has nothing to do with you.

Not only Bitcoin,

any opportunity to make money has nothing to do with you