The best explanation of fate: when you face something, the behavior you exhibit based on past habits and logic is called fate.
If when things happen, you calmly weigh the pros and cons and make decisions and actions that differ significantly from your past character and logic, that is called luck. Therefore, luck is change, fate is fixed. The so-called defying fate is not against heaven but against your own instincts.
Carl Jung once said, if the subconscious cannot rise to consciousness, it will unconsciously guide your life and become your fate.
Therefore, pay attention to your initial thoughts, independently observe your thoughts and emotions from a subjective perspective at any time, read more, and connect with energetic people!
Money is the manifestation of energy. When your mind is calm and your energy is strong, money will naturally flow to you. This is what we usually say (in the crypto market, money will flow to those who are calm inside).
Compared to other markets, the crypto market has high uncertainty (high return/high risk/high volatility).
Because many of our current technologies and applications are in the early stages of development.
Many data in the crypto space are very new; the Bitcoin halving has only happened four times, with only three halvings in history.
You deduce what might happen in the fourth halving based on the data from the previous three halvings, and sometimes it is too arbitrary.
1. Insufficient historical data for backtesting
2. Inadequate regulation
3. Technical security vulnerabilities
There are always black swans occurring in the crypto market, and every person in the crypto space cannot avoid a 'black swan.'
As long as you understand how to seize a black swan in life, you will be free.
The crypto space is filled with adventurers and treasure seekers, with groups of people coming in with dreams of wealth. The blockchain industry is full of novelties (various new narratives and technologies) that have not been fully explored, many rules and structures are imperfect, and regulation is also inadequate, making it easy for more unpredictable events to occur.
Compared to the mature infrastructure rules of the US stock market, the crypto space is more highly speculative. Consider this, a group of people willing to enter a market with no foundation, filled with various risks, seeking wealth, have a much stronger speculative sentiment. Once they discover how tempting gold is, everyone rushes in, and the emotion is very FOMO. Once this sector blows up, panic spreads rapidly, leading to the possibility of instant zero for that sector.
When facing the unknown, one should be full of imagination, rather than predicting or fearing. You need to carefully assess the impact of events; this is the core of the black swan theory.
Positive black swan, go long or hold spot.
Negative black swan, attempt to short a crisis (within your own loss tolerance, try several times).
Summary: New narrative stories can easily generate positive 'black swans.'
A crisis can easily lead to a negative 'black swan.'
Whether it is a new thing or a new crisis, you must find a way to seize it.
It will elevate your wealth to a completely new height.
Wishing you all the best in your investments, trading, and life's journey!
--Awei's Voyage
