Today I went back to the countryside to make steamed buns, which reminded me of the past when I opened a steamed bun shop. At the time, I thought of relying on others and luck to make money, but I ended up losing 150,000 in 15 days.

From this incident, I came to a reflection: things that are not long-term should be stopped in time, things that rely on luck are not reliable, in fact, relying on others is also a kind of relying on luck. Relying on friends or expecting to rely on your other half is actually a kind of relying on luck.

I have an iron rule for maintaining my own safety margin: only what you decide yourself counts, and what others say doesn't count.

Just like the coins you put in the exchange, they say they are very safe, but when you can't make your own decisions, it doesn't count.

All coins traded essentially rely on luck and trust that others will be responsible for you.

Only after losing once can one understand the truth. The price will surely be worth tens of millions in the future.

If you have BTC, you must store it in a cold wallet and hand-copy the private key. The BTC in it is truly yours. This is also the value that people in the cryptocurrency circle should have.

I never buy lottery tickets. I never touch football lottery, sports lottery or welfare lottery, so that I never get used to relying on luck for subjective choices.

I have a fan who runs a sports lottery store. He has a lot of customers. He said that the bosses come to buy. Each time they buy, they spend tens of thousands.

I guess these bosses got rich probably by luck. This is a habit they developed when they were making money.

Anyway, I can conclude that they did not get rich through investment.

In the cryptocurrency world, some people can get rich temporarily by luck, but no one can keep their wealth by luck.

Because the money you earn is earned by luck, as long as you are still in the cryptocurrency circle and still choose to rely on luck, you will definitely have to pay it back.

All in all luck will end up with nothing.

What is luck? Opening a contract and guessing the size is luck. Buying whatever others say is good is luck. Going all in on a coin that you think will yield 100 times the return is luck. If someone says this is good, then do a little. If someone says that this is good, then do a little. This is a way to cast a net to catch luck, and it is not reliable.

What is not relying on luck? It is to improve the ability to make money step by step, convert the income into BTC and put it in the cold wallet, and wait for this digital asset to become an abnormally large asset. Relying on the skills of judging trends in the currency circle, betting heavily, and knowing what you are doing. That is making money with vision, which is not relying on luck. Relying on the skills of currency circle arbitrage, finding arbitrage opportunities and taking action, this is not relying on luck. Making money by informed transactions and relying on the ability to collect information better than others is not relying on luck.

If you quit, it depends on luck.

I suggest that you should not say "I feel", "I think" or "I think" too often, or simply not say such words.

When you see people making a lot of money by luck, there is no need to summarize the methodology, it is useless. There are people who get rich by buying lottery tickets, but they definitely won’t be us.

Things that are ethereal cannot be quantified.

The essence of not relying on luck is four words: seek truth from facts.

The only way to get rich without relying on luck but to take advantage of luck is to put your limited bullets on projects where positive black swans may occur.

For example, you use your money to chase super new narrative hotspots, buy in when the tide comes, and sell when the tide recedes.

For example, you use your money to continuously accumulate BTC, day after day, without regrets, until the day when digital assets become the mainstream assets in the world.

If you succeed, you are free. If you fail, you are still the same.

But so far, many people who pursue hot spots have failed, while those who have hoarded BTC for 10 years have never failed.