I have two friends, one is a cryptocurrency trader and the other is a stock trader. Their investment experiences are completely different and their endings are also very different.

Let's talk about the friend who trades in cryptocurrencies first. He started to get involved in Bitcoin in 2014. At that time, Bitcoin was not yet accepted by the mainstream. He took out 10,000 yuan as the principal and started his own cryptocurrency investment journey. At that time, everyone was full of doubts about the future of Bitcoin and the price fluctuations were very violent, but he firmly believed that this was a new technological revolution. As the price of Bitcoin fluctuated, he kept buying and selling, and also came into contact with many other altcoins. During this period, he experienced several big drops and several surges, but he always remained calm and rational. When the market was sluggish, he increased his positions against the trend, and when the bubble expanded, he decisively reduced his positions. After ten years of persistence and keen judgment of the market, his assets have increased from the initial 10,000 to the current 2.6 million.

Let's talk about my friend who trades in stocks. It can be said that he is an old stock investor and has been struggling in the stock market for 18 years. At the beginning, he was full of confidence in the stock market and believed that through learning and practice, he would be able to get rich returns in the stock market. Over the years, he has invested more than 800,000 yuan and tried various strategies: value investment, short-term operation, hitting the board to catch hot concept stocks, long-term holding of high-quality stocks, etc. However, the ever-changing stock market is far more complicated and cruel than he imagined. He has had some small successes, but more failures and disappointments. Over the years, with the continuous fluctuations of the market, his principal has gradually shrunk, and now there is less than 100,000 yuan left in his account.

Whenever I compare the experiences of these two friends together, I always have an indescribable feeling in my heart. With foresight and courage, the friend who trades in coins has achieved a substantial increase in wealth in just ten years. And the friend who trades in stocks, despite his diligence and countless efforts, has almost lost his savings in 18 years. Perhaps, the success of investment requires not only knowledge and experience, but also the right direction and some luck.

Such a comparison does make people feel a lot of shock and hurt, but it also makes people understand that the rules of the game in the market have always been ruthless, and choice is more important than hard work.