Without the Way, there is no technique; with technique, it can still be learned. Without the Way, one stops at technique.
The Way, in my view, is the ability to perceive one's own greed and fear, to understand the root of the problem, and thus to maintain a calm demeanor in the face of it. Most people in the market are driven by greed and fear; those who can overcome themselves, control their greed and fear, and maintain a stable mindset, like still water, in my opinion, have found the Way. Those who can conquer themselves will not be defeated by others in the market.

I have a friend who made millions, withdrew all his funds, and then seemed to have lost something every day, feeling generally listless and disheartened. Suddenly, last week, he re-entered the crypto space, got immediately trapped with a thirty percent loss, and then he perked up and said, 'This is the feeling I've been waiting for, it feels good.'

After staying in this circle for a long time, you will understand that technology is not the most important factor. Many problems actually stem from mindset—being too eager for quick success.
Once you learn a little, you think you have mastered the secret, longing for overnight wealth, doubling and re-doubling. Once you make some money, you think about increasing your investment to earn more. Ultimately, it comes down to excessive desire, while your own abilities cannot control such intense human nature.

Greed and fear lacking awareness will ultimately lead to greater losses. In trading, only by maintaining a calm mindset can you stay alert and avoid falling into traps. $ETH $SOL

What kind of people can make money in the crypto world?
In the crypto world, whether one can make money is actually very easy to see! Just look at those around you in trading groups, and you will find out which 'level' they are at:
Ordinary people: Emotional trading, staring at the market all day. These people can get excited discussing a 1% or 2% fluctuation for half a day, calling it a 'surge' or 'plummet'. ~ They watch the candlestick charts all day, afraid of missing any small fluctuation, even arguing endlessly because of differing opinions. Their trading is more driven by emotions, making impulsive decisions easily under emotional influence.
Experts: Have strategies but still affected by fluctuations.
When the market fluctuates by 10%-20%, their emotional fluctuations become significantly enhanced, and feelings of anxiety or euphoria can easily appear! Their expressions and tone can reveal changes in the market, hesitating whether to increase their positions or sell off. Regardless of what plan was made in advance, once the fluctuations exceed expectations, they find it hard to stick to their original strategies.
Top experts: Calm and composed, know how to restrain themselves.
Top experts usually remain calm as if nothing has happened after buying at the bottom. When the market crashes, they remain as tranquil as water; if it doubles, they just smile faintly. They control how often they watch the market; the less they look, the smaller the emotional fluctuations. The truly top players are those who see through the weaknesses of human nature and understand how to balance their inner fears and greed.
What is the secret to success in the crypto world?
Learn to combat human weaknesses! Those who stare at the market all day, led by emotions, find it hard to make rational decisions. Remember: emotions are dynamic, excited when the market rises, panicked when it falls; if led by emotions, you will never escape the cycle of 'buy high, sell low'.
Real experts remain calm during a bull market surge,
and maintain firm beliefs during a bear market drop. They have strategies, have goals, and can eliminate external distractions, adhering to their plans. Such people are the true winners in the crypto world!$BTC

Suitable for the public

The small position yield is okay

$SOL $RENDER

SOL coin is still very stable. I like to make big orders recently. I am very full
I bought RENDER with a heavy position of 300,000 US dollars yesterday afternoon. Today, Monday, the US stock market opened and rose sharply. I sold it at 7.7 to stop profit!

I just closed a new deal! Copy my investment portfolio with one click👇

You need to have a good attitude when trading in cryptocurrencies: First of all, I will definitely not lose money when trading in cryptocurrencies, because I have risk hedging. I have bought 80% of my warehouse into virtual currencies, and the remaining 20% ​​is all used to buy accidental death insurance. I will make money if the currency price rises sharply, and I will jump off the building if the currency price falls sharply. The odds are 1:4, so I will make money no matter what. I have a good attitude.

Coin speculators like you are superior to others wherever you go. Being competed by state-owned enterprises during recruitment, social status is self-evident. Even a serious and old-fashioned father looks proud whenever he talks about his child's currency status at the wine table. When he explains the profound and interesting knowledge about the currency circle to his juniors, they will all look at him with respect. The class reunion was also full of guests, and while the guests and hosts were having a great time, everyone was happy and proud to have chosen the currency circle!

$TRU
$TIA

For traders in this world
Don't empty out your money
Even if they take on some additional debt, it’s because they don’t do their job properly.

Institutional design of the entire economic system
It is to let young people take on debt step by step and move forward with a heavy burden.
This is the difference between chess players and chess pieces

Many people simply don’t understand some policies
See your own city, vigorously attract investment, and give all kinds of policy benefits to professionals, specialties, and new people
Just applauding like crazy, even waving flags and shouting
You applaud me

If you are a professional or scientist specializing in new technologies, you will be the beneficiary.
If you are just an ordinary person
Then you are the cost item and the bearer of the cost of giving discounts.

The trader shouted: The goal must be achieved at all costs. In the end you will find that you are the price
One million acres of industrial land is given out for 300,000, or even for free.
All these losses will be made up in the residential land and the house prices sold to the surrounding people.

Why are housing prices in Shanghai Pudong and Zhangjiang Hi-Tech so expensive?
This is one of the logical relationships between industry and housing prices:
Give you cheap land and let powerful companies come here
Help you develop and recruit great people
Give me a high salary, come and buy my high-priced house, and then get the money back

The entire real estate itself is a debt transmission game.
All costs must be passed on to residents in the end before they can be digested

In the past four years, have the savings of the household sector increased by 16 trillion?
This is the Bureau of Statistics, accurate statistics.
This is also the case in the United States in 2020
Before the mask outbreak, Americans’ savings rate was only in single digits
One year after the mask outbreak, Americans’ savings rate reached 35%

Therefore, traders do not believe that you are getting poor at all, but think that you are getting poor.
In the past four years, the money in your hands has been increasing. You just save it and don’t spend it.

The strategy of American traders is:
Send you coupons and let you spend money
The rising stock market makes you take out your money and invest it
The property market is rising, allowing you to buy a house

You must find a way, whether you use the stock market or the property market, you must use your savings
Take it out to help the economic cycle and help the economy recover quickly
Everyone saves money instead of spending money. This is totally unacceptable.

This is how traders view the world, which is completely different from ordinary people.
Don’t empty out your money, or even take on some extra debt
It's just that they didn't do their job properly

The ill will towards us from outside the circle is mixed with great prejudice and jealousy

South Korea has the lowest birth rate in the world, but the highest currency speculation rate in the world
Because South Korea is a society dominated by chaebols, it is extremely difficult for people at the bottom to rise.
I often see news about how Korean female celebrities are doing, feasting and feasting
Some people are arrogant and inhumane to enslave others.
The oppressed men rely on kneeling and women rely on prostitution
Even the president has to look at the chaebol’s face

The people of such a country have no hope, so they can simply pin their fate on the currency circle. Therefore, 1 out of 3 people in South Korea is a currency speculator.
It can be said to be national speculation.

Return to China
There are many bearish people on Douyin, Tieba, Zhihu and other Web2 software.
Most of them don’t know what digital currency is. They start talking about Ponzi scheme funds, tulips, drumming and passing flowers.
They will cheer loudly every time the stock price plummets. What is the ultimate reason?

Why do most people have so much ill will toward the currency community?
The things that have made you rich these years are the Internet and real estate.
You know that this thing is not worth so much money, but you watch it go up and up. You can experience that feeling of powerlessness for yourself.
I will regret why I didn’t get in the car in the first place.

China's current speculative get-rich-quick mentality has become pathological
Everyone longs to get rich suddenly
Digital currency makes some people rich, but makes those who have not participated jealous

Over the past two decades, the Internet and real estate have made many people rich, and the demolished households have made fortunes through reincarnation.
Only those who worked honestly did not get rich, but were cut the hardest.

After more than twenty years of practical education, most people have begun to recognize a reality:
It is difficult to achieve a class jump by relying on dead wages.
Existing income and protection are difficult to protect against potential risks such as serious illness in the future.

The currency circle is very speculative, but it is not actually the most fundamental reason.
The fundamental reason is: People who have the right to speak regard the currency industry as a scourge. Everyone can see that the people who are really shouting are basically the vested interests of old money.
They don't want anyone to suddenly come out
He quickly became a new money upstart in a way that he couldn't understand.
To a certain extent, their original rising framework was shaken and a sense of crisis was created.

Some people may object that many people have lost all their money?
In fact, there are so many stories like this in the stock market. Why not close the stock market?
Because the stock market is a game dominated by old money, the old forces make a lot of money here.
The currency circle is a new track, and most of the old forces have not had time to adapt and cannot make this money.
They don’t care whether this is speculation, let alone whether anyone suffers losses as a result.

Who supports the currency circle the most?
The losers in the eyes of the old forces include me, of course.
There are also some young people who have no hope.

As a friend of mine said
I was used to living in poverty before, and felt that there was little hope in that kind of life.
It wasn't until I entered the currency circle that I felt something new in my heart. I had never felt this way before.
He summed up this feeling as hope

There are definitely very big risks behind these stories, but as a person from a low-level background, there is no particularly good way to make money.
For young people who don’t have an upward path, what can be more exciting than the currency circle?
But these people have no say, their voices are weak

Working diligently and honestly can only provide you with enough food and clothing, but you will never get rich.
Honest people will eventually be disappointed

The distribution of society has become seriously unfair.
The Internet has amplified the anxiety of many ordinary people, because we have seen too many wealthy people's lives, spending a lot of money in nightclubs, and even a BBA is not considered a luxury car.
Nowadays, people’s desires have been infinitely magnified
The devil of getting rich is hidden in everyone's heart, but in fact most people are weak
You really don’t dare to ask him to use his hard-earned money to gamble.
When others make money, he can only slap his thighs
When others lose money, he will laugh loudly and then say that I have already said that this thing is unreliable, so as to show his foresight.

What a person fears most is the unknown
The most jealous thing is that others earn more than you do, and others live a better life than you do.
The most righteous thing a person can do is to criticize and accuse others from the moral high ground.
What a person likes to see most is the suffering of his own kind

So you see, for things like the currency circle, the evil of this kind of people can be gathered to the greatest extent
They have neither the ability nor motivation to learn the basics of blockchain and are envious of people in the cryptocurrency community making money.
They are unable and unwilling to look at the currency circle dialectically and classify them as bulls, ghosts and snake gods.
With the policy to suppress the currency circle, it seems to have given them the sword of Shang Fang, giving them more confidence and stronger combat effectiveness.

It’s actually normal to have objections to the currency circle
There is no new thing that does not go through this process of eliminating the bad and retaining the pure.
There is no need to pay too much attention to it.
What they say and do are irresistible to the wheel of history.
What we need to do is to increase awareness and expand resources within the circle, improve ourselves outside the circle, and prepare bullets.
Of course, I don’t encourage anyone to get involved in anything. You need to have your own understanding when traveling in the world.

Since ancient times, we have heard that harsh government is more powerful than tigers.
You will be less oppressed and have more chances to make a comeback.
The poor are not afraid of tigers, on the contrary, those with vested interests are afraid
Where in life is it not a leek?

It takes three bull-bear cycles in life to get rich

This is what I have learned from my nine years of speculation:
an ordinary person
If there is no one to lead the way or give guidance, you will have to rely entirely on yourself to realize it.
Basically, you have to go through three bull-bear cycles to make big money.
And it takes some talent and a little bit of luck

1/first cycle
Ordinary people lack information, resources, background, and guidance.
Therefore, only when the media reports overwhelmingly will the market pay attention to

And when you have just entered the market, you have no idea what fear is and what cruelty is.
Although your investment position is not large, you are full of ambition and kill everyone. You have never felt that money has been so easy to make.
After a small taste of the benefits, various myths of sudden wealth slowly appeared in the market.
You start to regret why you didn’t have Stud and lost the opportunity.
You start to increase your position and even add leverage

You are making money faster, you sigh, if you had known that the money was so easy to make, why would you have worked?
So when you want to do something big, you get fucked hard

As we all know, the time when the position is full is the bull's tail. It is the easiest time to make money, and it is also the time when the bubble is the most risky.
At this time, you only have ambition but no patience, and you will basically end up with a miserable loss.
As long as they are ordinary people, everyone behaves similarly.

2/Second cycle
Most people will not survive the first cycle of bear market
After experiencing the bull market, you resigned, and you have long denied the value of labor in your heart.
What's worse than losing off-site cash flow is that you become in debt after increasing leverage, and you have to pay principal and interest every month, and time becomes your enemy.

Various extremely narrow fluctuations + false breakthroughs + rapid declines in the bear market gradually make people despair.
You find it is too difficult to make money in the market at this time

Hotspots appear frequently, but it’s always a “few-day trip” until your ambitions are flattened
Once you "chasing the rise" you will lose money, but once you are no longer greedy and do "swings" you can occasionally make money.
The market has been punishing those who "boldly chase the rise" and rewards those who are "swinging"
The long bear market has caused everyone to form the "inertial thinking" of doing swing trading.
The bull market formula no longer applies

What will hit you the hardest is not losing money + being in debt. But you suddenly find yourself "good for nothing"
It turned out that I made money through luck, but now I have lost it due to my strength in the bear market.
This is in sharp contrast to you who are high-spirited in the bull market.
You are desperate, and you suddenly feel that the dull days at work were quite good.

You look at the coins that have fallen by 90% and then another 90%, and you think they are all scams.
At this time, those who have money have no courage, and those who have courage have no money.
You uninstalled the market software and returned to real life

Gradually, the bear market stopped fluctuating, and no one in the group spoke anymore.
At this time, the market quietly advanced, retreated, and continued to rise, until one day it suddenly hit a new high.
When you look at the coins you’ve been holding for several years, you finally get your money back.
At this time, there was still no one in the group talking, only occasionally one person asked: Is the cow coming?
As an old leek, you have experienced a severe beating in the bear market and finally survived. You breathed a sigh of relief and sold everything out of habit.
After recovering the cost, I no longer paid much attention to the market.
You don’t believe that the bull has come. Without incremental funds, how could the bull come so easily? Do you think the market will 100% fall back?

Unexpectedly, the market price after selling has become stronger and stronger. When it falls, you are very happy, but after a few days, it goes back up and reaches new highs.
Hot spots are also continuing and fermenting. People outside the circle are beginning to enter the market. Occasionally, there will be news that a few newcomers have made a lot of money.

And more and more brothers in the group are asking: Is it really awesome?
You find that many old leeks in the group who entered the market at the same time as you have either disappeared or stopped talking.
Some of them have lost money and been eliminated by the market; some have suffered badly in the bear market and are afraid of losing.
Most of the old leeks are like old brothers who quit gambling. After putting money from their daily work into the platform, their hands are trembling even when they place bets.
After becoming a frightened bird, I am afraid of losing, my self-confidence and enthusiasm are gone, and my ambition is naturally gone.
Even if this kind of thing still remains in the market, it is basically useless.

Chasing the rise? At this time, most of the old leeks have lost their courage and dare not participate in hot spots.
And you are very disdainful and unconvinced. You think this is a bubble and will collapse sooner or later. You think it is all a scam.
But it’s not enough to just watch the market rise. You can only be sure to buy the familiar old stocks from the last round.

Waiting until the market continues to hit new highs and in the second half of the mad cow period, the old leeks in the group begin to become active.
The cow is really coming
The old leek just started to participate in the new narrative to make some money

At this time, the old price in your hand starts to rise.
You know that the market is about to end, because you were in the market at this time in the last round, and you have been trading for three years.
Although you didn’t make much money, the three years of the bear market taught you what risks and cruelties are, and you quietly cleared your positions.

After four or five years of ups and downs in the market, you don’t gain wealth, you gain experience.
I'm still upset this time, but I'm starting to face myself.

Therefore, although you will not lose money in the second cycle, you will still not be able to make big money if you have no ambition and only patience.

3/The third cycle
Only those with endurance and good understanding can get here. Going through a bear market + a complete bull-bear cycle is like a 5-year-old child experiencing two springs, summers, autumns and winters.

You begin to know that there are four seasons in the capital market.
And in summer, everyone will be so hot that they can’t help but be tempted to swim naked in the sea; but in winter, those who don’t go ashore and don’t put on clothes in time will freeze to death.
You also know that the sun will shine in winter and hail will fall in summer, but as time goes by, extreme weather can never escape the seasonal cycle.

You slowly discover the certainty of the market: seasons come and go, but human nature never changes.
The rules are surprisingly consistent, ups and downs, it turns out there is nothing new in the capital market

At this time, there are actually only a few people who have been staying in the market.
There are very few people who can be honest with themselves and are good at review.
They will summarize an investment system that suits them
No matter how bad it is, I still have some experience of market sentiment.

Munger once said:
“Successful people in the capital market often need a rare and contradictory dual attribute, that is, the coexistence of ambition and patience.”

At this time, you balance ambition and patience, and you have experience + self-decision
Therefore, in the third round of the bull market, if you can basically grasp the rhythm, making big money will come naturally.
If you are lucky, the wave of virtue accumulated by your ancestors can lead to wealth and freedom.

Rui Xiaodan said in "The Way of Heaven":
As long as I don't feel and understand it, you can't give it to me, and you can't take it if you give it to me. Only if I feel it and understand it, can I do it. What I can do is mine.

How much you can realize depends on your current state and experience;
How much you can do depends on how much you can understand

**Buy assets or liabilities? **
Elon Musk had a little money after selling his first company. He was torn between buying a house in Palo Alto and a McLaren F1 sports car.
Later, he bought a sports car. The remaining money was not enough to buy a detached house, so I bought a very cheap townhouse apartment.
According to the financial management formula, if you buy a house, it can appreciate in value and it is an asset. Moreover, in Palo Alto, it is a high-quality asset. But buying a car not only depreciates the value, but also costs money to maintain it, which is of course a liability. Moreover, it is a top-notch sports car with poor liquidity and an absolutely inferior asset.
However, can it be said that he made a bad investment?
If he had used the money to buy a house, it would have increased by about five times. It was one million at the beginning and five million now, and that's it. But he spent the money to buy the world's top sports car, which inspired him to build the Tesla Roadster. Later, he also developed various affordable models, making him the richest man in the world.
Buy an asset and multiply it five times.
Buy debt and become the richest man.
So, which one to buy? In fact, the boundaries between assets and liabilities are not so clear. A lot of consumption that looks like liabilities is actually investment.
So, is the Apple Vision Pro an investment or a liability? Is a good suit an investment or a liability? Is a car that you can’t wait to drive to work every morning an investment or a liability?

Record my achievements
#SOL🔥🔥🔥🔥

I just closed a new deal! Copy my investment portfolio with one click👇

I just closed a new deal! Copy my investment portfolio with one click👇

I just closed a new deal! Copy my investment portfolio with one click👇

I just closed a new deal! Copy my investment portfolio with one click👇

Go ahead with confidence~ Brothers!