China's economic growth over the past 40 years has been a miracle in the entire history of mankind.

It is the result of the institutional dividends, demographic dividends, and broad technological progress released by the reform.

We ordinary people happen to live in this era and, through our own efforts, have shared the benefits of economic development.

But miracles are always short-lived, and prosperity will eventually fade away.

It is impossible for such a large economy to maintain its "golden age" forever.

Being attacked from all sides and being chased is the norm.

Understanding the characteristics of this historical stage can help us make better choices.

First, you must maintain your ability to learn at all times.

Through learning, you can improve your skills, adapt to industrial changes, and resist the impact of the times.

Learning can also improve your cognitive ability and discernment, so that you can avoid pitfalls and pitfalls in times of economic downturn, not be misled by bad ideas, and avoid risks, which means victory.

Many people hold a wrong concept of wealth accumulation. In their view, the law of development of things should be:

You have to make money quickly, only in this way can you get rich quickly.

They believe that the development of things should be instantaneous, and only in this way can they achieve financial freedom. Look at those rich people, don’t they all seize opportunities quickly? In life, you must seize several opportunities to get rich quickly, and it is best to multiply dozens of times within a year or even a few months.

But the law of development of things in my eyes is: through slow accumulation, after accumulating to a certain extent, a sudden qualitative change occurs, and then money is made quickly, and then it returns to a stable period, or even a loss period. Does this conform to the law of development of most things? The best companies in the world, such as BYD, or small factories making masks, have gradually grown through long-term accumulation, and then achieved rapid outbreaks through some key points or outlets. The same is true in life. Through continuous accumulation, we find opportunities to achieve outbreaks, and then return to the ordinary.

People who lose money often seek to get rich quickly in the short term, trying to double their wealth quickly through various means, such as trading, etc. But this is not a real shortcut, because they often lack the necessary ability and conditions, and even violate the law of development of things.

I have been working on Web3 since 2017, and I have experienced ups and downs over the years. I was also too impatient at the beginning. I had no one to guide me, and I finally achieved success after several ups and downs. Respecting the laws of development of things, being down-to-earth, and accumulating opportunities to achieve breakthroughs is the right way to success.

Secondly, do not invest in equities and commodities lightly, including stock speculation, buying stock funds, and starting your own business (as a shareholder).

In the face of long-term deflationary pressure, preserving cash and lowering return expectations is victory.

But this does not mean that you must hold all the cash in your hand, which will only cause it to depreciate in your hand. In other words, you are wasting the resources you have (yes, cash flow is also a resource).

If you can explore more and break out of your existing patterns and circles, you will find that you actually have many opportunities for asset allocation (US stocks/BTC cryptocurrency/even Indian stocks)

These require you to constantly explore and learn

Third, although personal efforts are insignificant in the face of major historical trends, life should not be wasted in going with the flow and abandoning oneself.

Always stay strong and never give up hope.