This is the naked truth
Halt trading is the only way to the top through Buy and Hold #Crypto #Write2earn
Crypto感悟
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Why do many people always prefer to trade frequently?
Essentially, it is because they are poor. They fantasize about seizing every trading opportunity. This is not a decision you make, but a habit cultivated by the market.
If ten million at 30 years old is not the same as ten million at 60, the picture drawn by value investing shows that you earn ten million in two to three decades relying on compound interest, but the problem is, you are already 60 years old, what do you need ten million for? By then, it won't even be possible. Everyone has come to this market. Everyone's original intention is to make quick money.
How many people initially came to this market not dreaming of changing their destiny?
But for retail investors, value investing is too slow. It is so slow that if they really go for long-term trading with their tens of thousands or even hundreds of thousands of capital. Even if the yield is as stable as Buffett’s annualized 10-15%, it would take 5-7 years to double that, and twenty years later your five hundred thousand would turn into two to three million.
However?
Moreover, how many people don't even have five hundred thousand in capital? Even if they do, can you wait? How many 5-7 years do you have in your lifetime?
So retail investors are not qualified to talk about win rates; they should only have odds in their eyes, and high odds must come with low win rates. To turn things around, frequent trading is essential. Just like playing Texas Hold'em. Short stack players cannot support themselves to adopt a balanced strategy like many deep stack players. To turn things around, you must broaden your range to seek a glimmer of hope. There are only two paths here: either be continuously exploited to death slowly, or increase your entry rate to gamble. But the cost of that is you must bear high losses, which requires you to have solid skills to make up for it. Retail investors trading frequently is not something to be ashamed of!
Summary: I am still too inexperienced! Opportunities are right in front of me, but I always miss them. Brothers. There are too many opportunities in the primary market. You really have to come and take a gamble in the primary market.
#Bitcoin #Crypto #币安Alpha上新 #科技巨头入场稳定币
Essentially, it is because they are poor. They fantasize about seizing every trading opportunity. This is not a decision you make, but a habit cultivated by the market.
If ten million at 30 years old is not the same as ten million at 60, the picture drawn by value investing shows that you earn ten million in two to three decades relying on compound interest, but the problem is, you are already 60 years old, what do you need ten million for? By then, it won't even be possible. Everyone has come to this market. Everyone's original intention is to make quick money.
How many people initially came to this market not dreaming of changing their destiny?
But for retail investors, value investing is too slow. It is so slow that if they really go for long-term trading with their tens of thousands or even hundreds of thousands of capital. Even if the yield is as stable as Buffett’s annualized 10-15%, it would take 5-7 years to double that, and twenty years later your five hundred thousand would turn into two to three million.
However?
Moreover, how many people don't even have five hundred thousand in capital? Even if they do, can you wait? How many 5-7 years do you have in your lifetime?
So retail investors are not qualified to talk about win rates; they should only have odds in their eyes, and high odds must come with low win rates. To turn things around, frequent trading is essential. Just like playing Texas Hold'em. Short stack players cannot support themselves to adopt a balanced strategy like many deep stack players. To turn things around, you must broaden your range to seek a glimmer of hope. There are only two paths here: either be continuously exploited to death slowly, or increase your entry rate to gamble. But the cost of that is you must bear high losses, which requires you to have solid skills to make up for it. Retail investors trading frequently is not something to be ashamed of!
Summary: I am still too inexperienced! Opportunities are right in front of me, but I always miss them. Brothers. There are too many opportunities in the primary market. You really have to come and take a gamble in the primary market.
#Bitcoin #Crypto #币安Alpha上新 #科技巨头入场稳定币
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