To make a lot of money in the cryptocurrency circle, you must buy assets whose consensus will expand at some point in the future.

For example, the previous inscriptions went from a few U per piece to several thousand U per piece. This is the expansion of consensus. Then many people think that the inscriptions are good, and they rush in again. Everyone’s cognition is similar, and there is no difference. Then it is basically impossible to make huge profits. And there is a high probability of losing money.

The current runes are priced at 500 million US dollars once they are launched. That’s because the existing players in the field think it’s good. It’s difficult for you to make money based on your current judgment.

Because there is no cognitive gap between you and the people who buy now, but there is a cognitive gap between you and the people who will buy in the future. This is the fundamental reason why short-term gambling can’t make money.

Unless you can judge that the consensus of runes will expand to 5 billion US dollars or 10 billion US dollars in the future, then you can definitely buy it now.

But whether this thing can be successful or not, only God knows.

This judgment is of course difficult. That’s what it means that cognition determines wealth. So making money is of course difficult.

If you don’t engage in Bitcoin and want to get rich, you must first find a track that almost no one plays and no one recognizes.

Then you get in. If this track is up, then you will be up.

Or when the market is desperate, when everyone thinks it is not good, they all cut their losses, but you go in or you firmly hold on to it. Your cognitive behavior is different from theirs. This is the cognitive difference. If you make the right judgment, you will get rich in the future.

This is the correct methodology of buying low and selling high. What you have to do is to be different from most people and do it right.

Suppose one day Bitcoin has become a household asset, and you go to deposit money, and the bank asks you whether you want to buy some Bitcoin financial products.

At this time, the basis for the continued expansion of consensus may be gone, and the income will become very ordinary.

That may be the time when you sell BTC.

I hope our encounter is friendly.

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