Bitcoin, the honey of the rich, the poison of the poor

The cryptocurrency market essentially has only two types of assets: one is investment assets, and the other is gambling assets.

According to the strictest definition of the BTC hoarding faction, BTC is an investment asset, while others are gambling assets. The mindset of the rich tends to invest, while the mindset of the poor tends to gamble.

If financial trading is a double-edged sword, then BTC is the king of swords. With BTC and a host of other cryptocurrencies, one can quickly ascend to a higher social class, but it can also swiftly drop one down a class.

We all know that the financial market ultimately has a 70% loss rate, 20% breakeven, and 10% profit, but we actually do not believe it; or rather, we all think we will not be part of the 70%. However, when you open your account and look at the numbers, they do not lie. Regardless of whether you admit it, you are either part of the 70%, 20%, or the unique 10%. The moment you open the account, it becomes clear.

We think of the 10%, but have we ever reflected on whether our actions are consistently those of the 70%? I have previously mentioned that the fastest way for a person to improve is to copy. This applies not only to individuals but also to the giants in the industry.

Some people have the lowest thoughts when they see plagiarism and mock it. Xiaomi's car is said to have copied Porsche, but the owner of Porsche said that Xiaomi and we simply have a similar aesthetic towards cars. No matter how much the 'low' people ridicule, it does not hinder the 'penguin' from becoming the village overlord, with copied works that cannot be contained in the map.

I can also understand that some brothers borrow funds, using credit cards, and must pay them back within a month, leaving no time to wait. Money that should not have come in has come in, and they can only take a gamble and see how luck plays out.

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