God told Noah that he would create a flood to destroy the old world and create a new one.

After Noah learned about this, he took his wife and children on a huge ark and carefully selected two males and two females of each species for the continuation of Earth civilization.

Seven days later, the flood roared and destroyed the world, and everything wailed in despair. After the flood receded, Noah's family and thousands of creatures that survived began to write a new chapter of civilization. The first year of the battle of the watershed, 2024, is called the first year of the Lihuo Jiuyun. This year is a year of suffering and hope for many people. From the asset side, the front is suffering from the three-year impact of YQ, and the back will be affected by the still sluggish domestic economy. The national real estate market is still not prosperous enough under the circumstances of continued opening of purchase restrictions and reducing down payments and interest rates. In the mid-to-high-end consumer market, we have seen the sales of BBA dive and price cuts, the dive of luxury watches and luxury goods, and even the collapse of the second-hand luxury market. For example, even the popular national wine Moutai can't stand it, and the premium rate is getting lower and lower. From the mass consumer market, the domestic e-commerce Somalia PDD is continuing to trigger an extreme involution consumption trend, and the popularity of 618 is getting bleaker year by year. From an era where you can buy anything and borrow money to buy a car, to a consumption environment where people constantly downgrade and don't buy anything unless it is necessary, money has become more precious in this era.

Putting aside economic development, from an investment perspective, who is the happiest when assets continue to fall?

Cash holders, of course.

As long as we have money in our hands, we are bullish in any market, whether it is buying houses, cars, luxury goods, entering the stock market to buy stocks, entering the crypto market to buy coins, and so on.

Apart from the U.S. stock market, any market that most domestic investors can access, even if we enter the market now, will definitely be at a discount, whether it is houses, cars, luxury goods, stocks or the crypto market.

Therefore, although we are in a downward economic cycle, if we can make important decisions, it will be the watershed that distinguishes our fate from that of ordinary people.

For example, a house bought for 2 million 20 years ago may be worth 2.5 million in the short term, but its current price may be only 1.5 million.

It is like if we enter the market at $100,000 when Bitcoin is rising the most, our floating profit may increase to $120,000, but from a 3-5 year perspective, this position has huge long-term risks.

On the other hand, in this era where almost everyone is losing money, all assets are constantly creating historical lows. We may have the illusion of losing money in the short term, but in the long term of five years, as long as the capital breeze blows back, it will be very easy to make a profit.

For example, if you bought BTC at 5,000 to 6,000 points before 312, and experienced a short-term loss after the price plummeted to 3,800 US dollars on 312, but as long as you hold on to it in the long run, you can now make more than ten times the profit.

Theorem 28 tells us: 80% of people would rather buy in a noisy bull market, enjoying the illusion of short-term floating profits but being trapped in the long term; only 20% of people would invest in a bleak bear market, enduring the illusion of short-term floating losses but enjoying long-term floating profits.

What can change your destiny in the short term is the ongoing late bull market that everyone understands, but speculation requires exiting the market rather than staying in and enjoying it; what can truly change your destiny is the bear market, but investing requires you to have a long-term mindset rather than repeatedly cutting losses to confirm in order to find the lowest point, or even waiting and watching out of fear of the market.

When capital smells life and death, both A-shares and crypto investors have experienced a strong rebound this year, but as of now, the limited capital in these two markets is choosing investment targets more carefully in an environment where cash is king. These investment targets all have one characteristic: whether they can survive this economic winter!

For example, a bald eagle gave birth to two eagle cubs. When food is scarce, the eagle needs to make a choice of survival. Often, the weaker eagle cub will be abandoned, or even pecked to death and fed to the other cub.

This survival logic is the difference between mainstream and copycat. This can also explain why the A-share blue chip stocks have fallen less, while many small-cap stocks have continued to plummet this year; it is also why the copycat stocks have fallen sharply, but the mainstream BTC, ETH, BNB, etc. have not fallen with them.

If you find that the mainstream that was previously touted has not stood firm this time, it means that capital does not recognize its past mainstream status; on the contrary, the previous copycat was very resistant to decline, which means that it may be a potential new mainstream for promotion in the future.

1. Capital Cleansing The world is too chaotic, and there are too many redundant investment targets. A flood is needed to clean it up again. After experiencing this polarized decline, let the capital clean the market, draw a gully, let the hot money and the leeks stand in line, and tell everyone that this is how the game is played now. For the time being, do not consider short-term investment returns, but consider survival. The left side is more likely to live, and the right side is more likely to die. Stand in line first and wait for the dealer to deal the cards.

2. Confidence market and explosive market Confidence market: The mainstream that survives will continue to play in the next cycle. The mainstream will guide the market to recreate opportunities, including providing more sufficient narrative stories and confidence.

However, the mainstream itself is very large, and is more suitable for large capital and large institutions to intervene and play around, playing a role in leading investors' confidence. For example, even if it only rises by 2 or 3 times in the end, it can greatly boost confidence, and the seeds of hope have never been extinguished. Explosive market: The copycats that might have died, but have not died, will create huge opportunities for 10 times or 100 times in the next cycle. This opportunity is definitely far beyond the mainstream market, and it is also the core investment area for most leeks. The mainstream of the confidence market is suitable for institutions, and the explosive market is suitable for leeks; the dealer deals the cards, and everyone plays their own games. It is very stressful for a coin to rise 100 times from 1 yuan directly, so it only needs 20 yuan to fall 5 times to 0.2, and then rise 100 times, and the 100-fold opportunity comes, and the market value cost is also suppressed. 10 times and 100 times are created in this capital cleansing process.

Therefore, don’t worry too much about the many cottages that are trapped, even if they are cut in half, because it is possible that capital is cleaning up the potential seeds. It may not rise 100 times in a bull market, but if it rises 10 times, you can still make 5 times, right?

What kind of crypto market is it if it doesn’t even rise 100 times or even 10 times after such a sharp drop? Isn’t the crypto market born for quick fortunes?

Like the prairie next door, it has increased by 2 or 3 times in 3 or 5 years. How can this be tolerated? What's the point of playing a ball? Isn't this financial management? What do you need financial management for 300,000 or 500,000 yuan? Just earning 10% to 20% cannot change the wealth class relationship. Ferrari and Lamborghini are not short of tens of thousands or even hundreds of thousands of yuan. If they only add tens of thousands of yuan, they are embarrassed to even mention the optional accessories.

Is it okay to only manage finances if you want to achieve 3 million, 5 million, 10 million or even a few small goals?

Remember, cryptocurrency is not a capital preservation investment, it is an investment. Investment is linked to risk. The greater the risk, the greater the return. This is an eternal objective law. Please make sure you understand this clearly.

If you don’t have money, buy a car for transportation; if you have money, buy BBA; everything is a gift from fate and has a price tag.

If you are expecting a 5-fold or 10-fold return, but can only accept a 20-30% risk fluctuation, this is not a market problem, but a problem with your investment mentality. There is something wrong with your cognition. Your brain is broken. There is something wrong with your brain. The fairness of returns and risks in the investment market is an invisible jungle law that sanctions all investors who enter the market.

Being born in an era of economic downturn is sad and painful. Especially for young people in their 20s and 30s, they face full-level monsters directly after leaving the novice village, unlike the previous generation of leveling players who can also get equipment for self-defense. From the perspective of survival experience, we need a lot of suffering and waiting, and there will be many choices that constrain us. But the whole society is a market game of stock resources. If you can't endure better than others, how can you highlight the fact that the game will choose you in the end? Or, how to highlight your luck? Everyone can't endure anymore, but you are the only one who survives?

Isn't your chance here? Above the trend, you must act. As long as you act, you will gain something. Below the trend, you must be tough. Everyone should adjust their mentality and persevere in various ways and postures. All investors who can survive this cycle may become the last test for him to add another 0 or even 0 to his assets in the next 2 to 3 years. Yu Minhong also said that if I can't beat those who are smarter than me, I will exercise my body and find ways to outlast them. There is no world without eternal night, as long as you can't bear the heart of being forced out. .......