In the Analects, Confucius' favorite disciple was Yan Hui, because Yan Hui would not vent his anger on others and would not make the same mistake twice. After Yan Hui's death, "I have never heard of anyone who loved to learn", which shows the difficulty of these two standards.

This may also be one of the misunderstandings in investment. Many people think that not venting anger on others and not repeating the same mistake means that I have made up my mind this time, no matter how painful it is or what, I have made up my mind, and I think that this will be enough, but it is not. It is just a recognition, and it may be a shallow surface recognition. To truly achieve it, I think it requires training (gradual enlightenment route), which needs to be supported by a system. For example, Musk said to change bad habits and replace one habit with another.

Or find the true reason within oneself that leads to this problem (the enlightenment route). It's difficult to explain and belongs to the part of Zen that is unspeakable or does not establish words, but I will try to express it. For example, many people in the market use leverage, especially after a loss, wanting to increase leverage to recover losses. The problem here is that they have already anchored a concept of capital in their minds, becoming attached and obsessed. Due to this subconscious or emotional state, many people will make reckless moves, turning small positions into large ones, large positions into leveraged ones, and leverage into contracts...

When many people hear this, they think, 'What’s wrong with wanting to recover my capital? Is it wrong to want to recover my losses?' This is the superficial aspect. The key issue is not whether recovering capital is possible or not, nor is it about right or wrong, but rather why they want to recover their losses. Many people do not think about it or cannot understand it.

If one can calmly accept past mistakes and recognize that the past cannot be changed, that the present is only the present, then the so-called principal is always the amount currently in your account. What you need to do and can do is to stand firm in the present, make the next judgment, and formulate the next strategy, rather than saying 'I want to recover my losses,' filled with anxiety, sorrow, and complaints. This is the enlightenment route. Once one realizes that there is no principal to recover, the negative emotions may dissipate, and they may not engage in reckless actions out of greed. In a bull market, holding spot and BTC can be profitable, but how many people lose money in a bull market? Too many.

#加密市场回调 $BTC #市场调整後的机会？ $ENA