Making money with Bitcoin has nothing to do with you



If you are a big dealer or a top predator in the cryptocurrency world,

Will you go on a killing spree in a bear market or a bull market?



It's definitely a bull market.

Because in a bear market, no leeks come in at all.

What is leek?

They are the people who chase the ups and downs, do not want to rely on cognition, and hope to rely on luck;

They are the ones who don’t listen when they are told to study hard and stop speculating in cryptocurrencies;

They are those people who do not enter the market when the coin price is low, and enter the market when the coin price is high, which is not the time to enter.



There is another kind of person who is quite annoying.

The price of the currency has gone up and they come to ask you if you have become rich.

When the currency price drops, news will be released about how many people’s positions have been liquidated.

They are the people who didn’t buy anything, want to laugh at you when the price drops, and feel jealous of you when the price goes up.

What does margin call have to do with me?

I neither speculate in cryptocurrencies nor use leverage.

These people may not even know what "margin call" means.

When buying in the secondary market, there will be sellers if there are sellers and buyers if there are sellers.

When someone's account is liquidated, someone else must make money.

It’s just that in most cases, it’s not the small retail investors who make money.



These news are all clickbait, with no substantive content at all.

Junk food is food that has no nutritional value and is harmful to the body.

Spam is information that has no value and can mess up your brain.

you say,

These people are always looking at this garbage information,

Is it like those fat people who eat junk food every day?



In fact, the rise and fall of Bitcoin has nothing to do with most people.

The rules of investing are very simple.

It’s as simple as four words:

Buy low and sell high.

It’s so simple that most people don’t believe it.

But think about it,

What kind of investment is not about buying low and selling high?

Even if you are shorting an asset,

It's the same four words, just reverse the operation.

Sell ​​high and buy low.



But here lies the difficulty.

What is low? What is high?

This depends on personal opinion.

In May 2017, the price of Bitcoin reached 10,000 RMB for the first time.

Do you dare to buy it?

People at that time would definitely not dare to buy it.

But by the end of the year, it was close to 20,000 US dollars, which is nearly 150,000 RMB

Increased 15 times in half a year,

A lot of leeks came in.

Then it started to fall down.



The deal is a process of calling each other idiots.

Buyers buy because they think it is too cheap;

The seller thinks it is too expensive, so he sells it;

Both sides think the other is an idiot.



Later, Bitcoin rose back to 20,000 from its low point.

The leeks are starting to stir again.

Don't buy when you should.

Don’t sell when you should.

But if you look back,

The current price is over 700,000 RMB.

That is to say,

No matter what price you buy it at,

As long as you don't sell,

You all make a lot of money.

Even if you bought it at the high point in 2017,

You can earn 5 times more in more than 6 years.

What does 5 times mean?

Average annual increase of 72%

You have beaten all the funds in the world.

Including the mysterious "Renaissance" quantitative fund.



But how many people did it?

At the end of 2018, Bitcoin plummeted from $20,000 to $3,150 in one year.

I bought bitcoins for 3500 and still haven't sold them.

Currently 28 times.

Why do I say "currently"?

Because I will continue to hold on.

Still investing regularly.

So it is definitely more than 28 times.



But this is all flattened for you to see,

You zoom in and see,

The process is tortuous.

The K-line is more exciting than your electrocardiogram.

Jumping up and down.



So how can you keep calm?

Most people cannot see the essence.

So I couldn't keep calm at all,

So making money with Bitcoin has nothing to do with you.



Not just Bitcoin,

In fact, Bitcoin is not special.

All assets are the same:

There are a lot of leeks, but only a few can make money.

In the short term, maybe your luck will be of some use.

But in the long run, your good luck and bad luck will offset and neutralize each other.

All that remains is the realization of your cognition.



This makes it easier to make money.

Because they all went to the wide gate,

The narrow gate has fewer people.

Zuo Hui said: When it is difficult but right to do something,

In fact, many things are very simple.

for example:

Find a good asset and hold it for a long time.

It's that simple.

But many people don't believe in simple things.

Don't bother.

Find some presence.

Then use up all the chips in your hand.



no way,

My colleague said:

There are two sentences,

There is a saying: Listen to advice and eat your fill.

One sentence is: Don’t try to persuade others.



really,

The price of the currency fell and many people came to me to laugh at me.

Although you can't see my joke,

The price of the currency has gone up and many people have come to me and asked if they can invest?

real,

I really want to ask: What were you doing so far?



Never mind, she's right!

Don’t advise others.

I always say:

Bullish in the long term, God in the short term.

If you plan to hold it for a long time,

Buy with your eyes closed.

If you just want to speculate,

Go ask God!

I am not God.

If you don't study it clearly,

You can't hold on to it even if it goes up.

When the price drops, it is an opportunity to buy, but you want to cut your losses.



So,

Making money with Bitcoin has nothing to do with you.

Not only Bitcoin,

Any opportunity to make money has nothing to do with you.#BTC☀