The way to make money in the currency circle: go beyond appearances and win with cognitive differences
On the road to wealth exploration in the currency circle, many participants actually have misunderstandings about profitability.
Most people simply believe that making a profit is nothing more than buying an asset when the price is low, selling it when the price rises, and capturing the price difference by relying on price fluctuations.
However, this traditional thinking mode is essentially a speculation about the future based on the present. Its core is to determine whether a certain investment target can gain more people's recognition, in other words, whether its consensus will be expanded.
If the judgment is accurate, wealth will flow into your pocket;
On the contrary, once you make a mistake, losses are inevitable.
As evidenced by examples, when a certain project does have significant value and has been widely recognized and bought by the public, it is almost impossible to obtain huge profits in this case.
The reason is that when the consensus reaches the peak, people's awareness of the project tends to be the same, and there is no obvious gap between them. As a result, the profit space is extremely compressed, and it is lucky to be able to ensure that there is no loss. .
The logical foundation for truly being able to achieve profitability in the currency circle lies in poor cognition.
In the ecosystem of the currency circle, the source of income is that those pioneers who are the first to possess in-depth knowledge earn wealth from those who are late-comers or even those who have no knowledge at all.
The key point is to predict and deploy assets that are expected to expand significantly in a specific period of time in the future, or to firmly adhere to opinions that are contrary to the majority of people and put them into practice when the market is in a deep downturn and pessimism prevails. action.
If your cognitive perspective and behavioral model are completely different from those of the public, and the direction you choose is accurate, then this cognitive difference will be transformed into huge profit returns in the future.
Let’s imagine a scenario like this: When Bitcoin has become a common asset familiar to the general public, for example, when bank employees strongly recommend Bitcoin financial management to depositors, this may mean that Bitcoin’s consensus expansion space is approaching saturation, and what it can bring Future earnings will also become mediocre.
This node is very likely to be an excellent opportunity to sell Bitcoin.
