You want to —— make big bucks, invest smartly, achieve financial freedom
You gotta first "disrupt" — the old, rotten, harmful stuff: Disrupt old thinking: gambler's mindset, blind over-leverage, no stop-loss, trusting others too easily Disrupt old habits: impulsive trading, chasing highs and cutting lows, not learning, not reviewing trades Disrupt bad projects: Ponzi schemes, pump and dump, scam projects, conflicting interests Disrupt old circles: people leading you to gamble, random investments, toxic relationships Conclusion: If you don't disrupt these old, rotten, harmful things, building a solid, profitable, long-term investment system is just a dream. #投资
In the crypto scene, the stable money-making channels only involve milking profits like last year's Binance Alpha just open a dozen accounts and you could easily rake in 20-30 or, for example, earn commissions for the big players stable income then take that income and dollar-cost average into BTC daily achieving a perfect cycle #BTC #返佣
Real wealth comes from buying the right businesses and holding long-term riding the crazy waves of Mr. Market rather than FOMOing into pumps and dumps or listening to academic theories Warren Buffett simplifies investing to "buying great companies at a fair price and then patiently waiting for compounding"
BG's spacex is online Subscription price of 650 Currently 652 Fifty thousand dollars a week, angrily earning 50 dollars I said, why is the subscription amount so high? Today it also tweeted that it wants to hold the second round? This is ridiculous! Don't rush in, brothers The situation is not as big as CZ's egg.
Brothers, do you feel anxious? Do you feel that this round of explosive growth has nothing to do with you? Come on If you don't know what to buy next Refer to this AI meme should be coming soon It's time to plan.
What is the greatest fear in life? The greatest fear of the poor is? Living without money. The greatest fear of the rich is? Dying before spending their money.
What is the biggest difference between lower and upper class people? The lower class thinks in terms of "days" and wonders what to do today? The upper class thinks in terms of "years" and wonders if this thing will still exist in ten years?
For example: Speculating on cryptocurrency is done in minutes, taking 1 minute and thinking, why isn't it rising yet? Am I going to be cut off? Better sell it quickly!
Warren Buffett invests in stocks with a time frame of years, holding for ten or twenty years. Looking at the long-term view of the U.S. stock market, those who hold for twenty years are always profitable, thus accumulating more assets!
Views on marriage: The lower class's criteria for choosing a partner is looks; the middle class's criteria is education + family background; the upper class's criteria is genes + family lineage; For example, how many foreign women are willing to undergo in vitro fertilization for Old Ma's sperm, just to have good genes.
▶︎ Gold futures fell 9% today ▶︎ $28.6 trillion in market value evaporated in nine hours ▶︎ Total cryptocurrency market cap is $2.33 trillion = Gold lost a cryptocurrency's worth in nine hours
Charlie Munger's 50-Year Methodology for Building a $20 Trillion Company
1️⃣ Create a brand 'Coca-Cola', legal protection, 🈶 strong trademark 2️⃣ Start a business locally, then achieve success in other parts of the country, and quickly occupy the global market (requires a widely popular product) With 7 billion people globally, each needing 2L of water daily, capturing 25% of the world's total water intake and holding 50% of the global market. Profit per bottle is 2-3 yuan. In terms of psychology, the essence is: our business is to create and maintain conditioned reflexes. The Coca-Cola trademark name and trademark image will play a role in stimulating factors; the desired reaction is to purchase and drink our beverages.
Harvard psychology professor B.F. Skinner: "The behavior induced by consequences and the nature of the consequences determine the organism's tendency to repeat the behavior in the future."
Things that are comfortable and beneficial—you're more willing to do it again. Things that make you uncomfortable and result in losses—you won't want to do it again.
But why is it that sometimes you can incur continuous losses in one place? Example: When investing, many times you are influenced by market emotions, chasing rises and selling on dips, and it may not be just once. What is the reason?
1. The money you lost did not truly "punish" your behavior. In other words, while losing money hurts, it doesn't hurt enough to deter you completely. After losing, you can quickly re-enter the market; when emotions rise, the pain is ignored. It's like a fish, whose memory lasts only three seconds.
2. What you are really reinforcing is not making money, but emotional impulses. Behavior chain: Market fluctuations—emotions rise (panic, greed, urgency)—immediate order—emotional release—loss result—but in that moment, the emotion felt good.
So what you are repeatedly reinforcing is: act when emotions rise, rather than holding back when emotions come. Every time you lose, you continue to act, which only strengthens this erroneous loop.
Therefore, your tendency to repeat this behavior in the future becomes even stronger, which is also why many like me, the retail investors, incur continuous losses.
3. How to break this cycle? Learn Charlie Munger's checklist, and stick it on your forehead for every trade! ① Emotional awareness (pause for 2 minutes before placing an order to consider if you are influenced by emotions) ② Loss aversion psychology (if you notice a mistake, stop loss immediately, which is the smallest loss) ③ Asymmetrical opportunity (the best risk-reward ratio is 5:1) ④ Reasons for buying and selling (why buy or sell) ⑤ Leverage (do not amplify leverage; there are countless opportunities, but capital is only once) ⑥ Subjective judgment (whether it is subjective speculation without objective research) ⑦ Position management (do not go all in; manage your positions well) ⑧ Frequent trading (constantly consuming your capital) ⑨ Idle money (only idle money can be held; do not borrow or invest living expenses) ⑩ Review (both profits and losses should be reviewed and summarized; expand good habits and decisively cut off bad ones. #心理学
Loss Aversion: Knowing the psychological error yet still holding onto luck I just finished reviewing Charlie Munger's insights a few days ago, and today I practiced with real money At 6:40 AM, I saw a message in the WeChat group: Binance Brazil just released the first episode about crypto, cryptocurrency is real, the first episode is already on YouTube.
I saw CA directly surge to 300U, because the usual CA can still rise to 400U without being sold, the target is to double, but it suddenly plummeted to the second floor to start averaging down. After a while, I started using the computer to check the authenticity of this matter, and the result turned out not to be a TV series, but a blog, and I knew I was doomed. During this time, I lost 100U, still holding onto the hope of whether it could surge again, but soon it crashed, resulting in a 50% stop loss!
Lesson: Master Duan said that if you find an error, the first thing to do is to stop the loss, which minimizes the loss! Sometimes seeing and understanding does not necessarily mean being able to act. I need to use real money to buy the lesson Starting today, I need to establish my own list of non-actions!
Brothers, the luxurious pig trotters rice has arrived Those who completed this deposit task should hurry to claim it I don't even remember what time I did the task #up
1️⃣Risk—All investment assessments should start with measuring risk, especially credit risk: Calculate an appropriate margin of safety Avoid trading with people of questionable moral character Insist on appropriate compensation for the predetermined risk Always remember the risks of inflation and interest rates Avoid making major mistakes; avoid continuous capital losses. 2️⃣Independence—Only in fairy tales does the emperor get told he is not wearing clothes. An objective and rational attitude requires independent thinking Remember that whether you are right or wrong does not depend on whether others agree or disagree with you; the only thing that matters is whether your analysis and judgment are correct.
A investing technique used by Buffett, Charlie Munger, and Duan Yongping: 1. Make a list of things not to do in life and work. You may not know if this is right, but you definitely know if it is wrong. Avoiding wrong things, over a long period, can increase your chances of success. 2. Continuously observe the stock prices of various companies, treating them as individual boxes. Most of the time, do nothing, just watch. Periodically, you will discover a slow-moving, straight-line good pitch that falls right in the middle of your favorite box, and that’s when you go all in. 3. Common problems in investing: swinging too often; discovering good pitches but being unable to go all in with capital. #巴菲特 #芒格
Poor Charlie's Almanack: Reading in 2026 starts here Charlie always starts his thinking in reverse If you want to understand how to find happiness in life Charlie first studies how life can become painful; To study how businesses can become strong and large Charlie first researches how businesses decline Most people are more concerned with how to succeed in stock market investments What Charlie cares most about is why most people fail in stock market investments His way of thinking comes from the philosophy contained in the following farmer's proverb: I just want to know where I will die in the future, so I won't go there.#查理芒格
The regular investment time is 8 AM every morning Today's purchase price is 68500 Fear index: 13 Halving countdown: 764 days Philosopher Edmund Burke: Reading without thinking is like eating without digesting. From now on, increase independent thinking time by one hour every day! #BTC☀ regular investment
Awesome, the fear index has reached 8 It's time to buy in again Today's buying price: 66000 Continuously investing every day, rain or shine
Duan Yongping's quote:
When stock prices fall, the attitudes of speculators and investors are exactly the opposite.
Investors are often happy to see stock prices drop because it presents an opportunity to buy cheaper, while speculators think that something must be wrong with the company and hurry to get out.
Investing and speculating are very different games that look very similar. Just like in Macau, the casino owners are investors, and the gamblers are speculators.
The casino always has a steady stream of customers because there are always gamblers who can win money, and gamblers tend to be the loudest when they win. #BTC #加密市场回调
Because the initial phase is too slow, slow enough to not see changes.
People are most likely to give up when there is no feedback.
——Charlie Munger
Continue to persist with regular investments in BTC Buy price: 67400 USD Panic index: 12 Halving countdown: 765 days Average price: 68500#BTC regular investment