(In 'Demi-Gods and Semi-Devils'), there is a part where the monk at Shaolin Temple says: 'When will the cycle of revenge end? It's better to let all the sins fall on me alone.' This monk took on everyone's grievances with his strength and resolved their hatred. There must be a point to release this resentment; once it is released, their resentment will also disappear.
Yesterday, a friend called me and talked for half an hour. He said these years have been tough; e-commerce generated 160 million in sales, but after calculating the profits, he still lost 800,000. I said, no way. How can it be like this? He said, it is like this; AI algorithms are too cunning, and very few people make money. I said, then forget it, don’t do it anymore. He said, Huang Lang lost tens of thousands again on SOL soil dogs.
I said, no way, how can it be like this? I lost 1 SOL on that PVP, and I won't come back. I know it's hard to make money; hard-earned money is not suitable for me. He said, everyone is different; I also lost 20,000 yuan.
I said, don't play this kind of thing in the future. He said, we have deeply reflected on this; over the past few years, we've reviewed it and have mostly lost money. We've lost a lot trading coins, and it all started from here. You talked about buying coins; I admit I was a bit blunt, and it's not your fault, but you have continuously encouraged us to buy coins. I said, I told you to buy some BTC.
He said, you say to hold BTC, but people are different, do you understand? You opened this door for us, but some of us can't control ourselves and will go back to do other things, to play with other things. I asked, if you make money, will you blame me? He said, no, but if we lose money, it's not your fault; it's just that everyone feels bad and struggles. Then we think of this.
I said, sweat, I’m still young; I shouldn't be talking to you about cryptocurrency. Actually, there was a reason I entered the crypto world: it was because someone commented below the 'Path to Financial Freedom' column to buy US stocks, then entered the group to buy EOS, and met other people in that group. I was then invited by someone into Li Xiaolai's investment group. Then I was introduced to crypto, and I joined many groups, participated in DeFi, did arbitrage, and met many people. I gained a lot and wrote many articles to tell people about ways to survive and make money in the crypto world.
My journey in the crypto world has basically been like this. I can't believe that when I talk about crypto to those around me, they all believe they can get rich, but none of them buy BTC. Humans truly overestimate themselves; they all think they are more handsome and smarter than others. But when I go out, I always feel like I'm not as handsome as others, I'm a little bit dumber than others, like I'm a bit lacking compared to others. Why is that?
Because I pursue facts. I don't pursue feelings. The facts are that they are not as good as me, but the other party presents themselves as much more powerful than me, which surprises me. Why do people behave like this? I broke out in a cold sweat; I still choose to be steady and earn what I can, and if I lose money, I lose money. I can't be lofty; I must be stable. The reason I write down how much I earn every day is not to make people envious; to be honest, it's purely out of boredom, to keep a record, purely for sharing.
The day before yesterday, I made 3000 U, the day before that I made 272 U, and yesterday I lost 375 U, mainly because I had a stop loss on a small coin that lost 900 U, so I lost money yesterday. I prepared a zero-fund of 5500 U for small coins; if I lose all 5500 U, then my logic must have a problem, and I need to reflect on myself. I won't blame Nakamoto for inventing coins.
If they blame me for losing money, then if I lose money, shouldn't I blame the person who led me to buy EOS? And the EOS people should blame Li Xiaolai, who wrote about financial freedom; Li Xiaolai should find Nakamoto to settle accounts.
So Nakamoto understands human nature's evil deeply; after finishing the code, he hid his achievements and name, quietly hiding away. If Nakamoto came out, he would definitely be denounced by some and admired by others. I said Nakamoto is great; he didn't spend a single BTC and didn't take a penny from anyone.
I've never cut韭菜. And I was too naive; seeing something good, I couldn't wait to tell others, hoping they could earn some money too. I wish for others to do well; if they make money, they can share some tips with me. I truly think that making money requires pathways; if the pathways are right, it's very simple, but if there are no pathways, finding one is very difficult.
So I share hoping for various pathways in the future, but others feel that making money by buying BTC is too slow and not enough; they want to get rich. They don't just want to earn a little money to live well.
So I was consumed by those altcoins. Why are altcoins so popular? Because human desires are always stirring, never changing. After hearing his remarks, I broke out in a cold sweat; it turns out that when people lose money, they look for all sorts of reasons. For example, I mined earwax today, and I lost money in coins.
I know him, I have him on WeChat, so I often lose money. I want to delete him; once I delete him, I start making money. It must be his fault. Their door is facing our house, sucking out all our luck, so I'm particularly unlucky this year; it's all their fault. No wonder they are making money.
This year is my zodiac year, so my luck isn't too good. Once it's over, it will be fine.
Strange and bizarre attribution fallacies. This is human cognition.
I always feel that when a person loses money doing something, they should review the logic behind their losses, rather than doing simple attribution. Losing a little money is really a good thing; small money is used for trial and error. If you lose, you gain experience, and you will continue to improve your methods, leading to continuous growth. Attribution with no relevant logic is truly deadly. I often lose money too; I lost money on SOL. People tell me that tracking smart wallets can make money; I tried it and realized that you can't make money just by following wallets. This is the truth.
People say EOS is good, I bought it but couldn't make money. I knew that buying coins shouldn't rely on others' hype. Losing a little money isn't a bad thing, right? People said the VC coin on Binance shouldn't be bought, that you'd lose money if you did, but the other day THE made a big profit. So, you need your own analysis; analyze valuations, highs and lows, analyze market sentiment, and calculate odds. Don’t just listen to others.
I have drawn two rules in this world:
People must rely on themselves.
Things outside oneself depend on demand.
There are many people in the world who can open the doors to other worlds for others. These people are gatekeepers. Through them, you can experience other aspects of the world, but there is no path to wealth relying solely on them. You must rely on your own efforts, intelligence, diligence, and luck.
The statement that things outside oneself depend on demand means that whether others say something is good or bad is irrelevant. The key is that this thing depends on demand. Don't listen to others; analyze demand and sentiment. Buying coins is the same; it doesn't matter if others or experts say it's good. If no one buys, it won't rise; it rises because someone bought it, not because someone said it was good. If there is no demand from people, it doesn't matter how good your product is; you won't make money. Even if your project is high-end, it's useless. Chasing after girls without understanding their needs won't work, even if you learn the methods.