If you want to make a lot of money, two prerequisites are the most important:
1. Grab what you can grab;
2. Hold on to what you have grabbed;
Only in this way can you compound interest.
For example, the fat house had a capital of 200,000 dollars at the beginning of 2019, and it took two years until the end of 2020 to earn ten times, an average of three times a year. Look at the K-line and see how many huge opportunities there are in the middle, and the fat house only earned ten times; but the fat house held on to these ten times.
From the end of 2020 to the middle of 2021, it doubled ten times again. The two ten-fold compound interest added together is 100 times, earning 100 million (referring to his public futures account)
The fat house has not made any money in the past six months. Compared with the highest point, it is still a loss, but it is not much. Can you say that he is a bad guy? You are the bad guy.
Holding on to what should be held will lay the foundation for grabbing compound interest next time.
