[The power of capital scale] With a principal of 10 million, an annualized rate of 10% can steadily earn 1 million; while with a principal of 100,000, even if the annualized rate is 30%, it can only earn 30,000 a year. Capital scale is the invisible advantage of investors, which can not only stabilize returns but also bring considerable cash flow. Large funds + long-term holding, this is a condition that most retail investors cannot reach!
[Reflection on cryptocurrency investment] When it comes to cryptocurrency losses, we often blame retail investors for the wrong strategy, but forget the importance of the capital attribute itself. Successful investment requires comprehensive consideration: using spare money, having a good mentality, choosing the right currency, and understanding the cycle. Don't forget that one of Buffett's secrets to success is to hold for a long time at almost zero cost and obtain insurance floating profits. This is a profound revelation for each of us investors