Many people start speaking with illogical arguments. Actually, I've come to understand that such people's hearts are completely dark; they can't stand to see others do well.
These people either lose everything and stop trading, or they are on the path to losing everything and can't stand to see others making money. When others are making money, it drives them crazy.
I just saw a screenshot from a fan, where someone was trash-talking me in various groups before Friday, saying "Hawk trading is just colorful pens, short-term trading is doomed to fail, and large drawdowns are truly satisfying"; then on Sunday, after seeing me make 10 million from 500,000 in 50 hours, they were so anxious they could grind their teeth, and their tone changed to "Very few can survive short-term trading; look at how many short-term traders are still alive in the market, hawk trading will eventually lose everything, just wait and see."
To be honest, it made me want to laugh. So if I lose money, that's wrong, and if I make money, that's also wrong? Losing is a negative case, but making money is just luck, and I won't survive long.
Well, sorry, but in the past two years, I've turned small funds into tens of millions four times, and just this year alone, I've done it twice in the past eight months. I've been doing it based on my own trading ideas, and I've achieved this all the way. Now, while I may not have fixed assets like properties or vehicles as investments, I still have enough for three private bank accounts, and 1500 in the market isn't too little, right? This is my trading path, and I have maintained long-term profitability through such trading.
At this point, someone will definitely come to refute me saying "Short-term is doomed to fail, and those who make money in the end are all long-term investors." This is also a funny case of survivor bias; in reality, from 2021 to now, the people around me who have consistently claimed to be long-term investors have all disappeared from this market. If all your friends who are long-term investors have survived, congratulations, your circle is either from the mining industry or crypto business insiders; I haven't seen many regular people who have made significant profits from long positions since 2021.
If you're an ordinary person who holds Bitcoin long-term, consider that you entered in the first half of 2021, at the best emotional moment, with Bitcoin priced at 40,000, and now at 120,000, you still haven't sold your Bitcoin! You made a full 300%!!!!
Congratulations! Your 20,000 has turned into 60,000 over 5 years! This is simply amazing!!
Isn't this ridiculous? For someone like me who wants to change their fate, doing this is not as good as starting a business, buying some equipment, and trying to build something bigger and stronger.
In 2021, I was also a small fry, joined countless groups of small investors, had special friends who were into trading coins, and even had a university professor who came to ask me about selling his house to buy Bitcoin for long-term holding with 28,000, but now I haven't seen anyone making big profits and happily sleeping with their money. Instead, these long-term believers have disappeared from your sight. Here I am, a low-educated ordinary person doing short-term trading, making a profit of 10 million with a small fund in just 3 days.
Haven't you ever thought about a question? Can your long-term strategy still lead to wealth? Are you here to dig for gold or to make value investments? You better think this through. If you are here to dig for gold, you have to accept volatility, which means your risk assessment level should be top-tier.
Both long-term and short-term trading ultimately lead to the winding path of making millions or tens of millions. Do you think long-term trading doesn’t involve losses? Look at those who bought spot in 2021 and then faced the FTX collapse in 2022, where Bitcoin dropped 70% in 5 months; where would you choose to sell? Your 60,000 in spot would only break even after two years. Regardless of long or short positions, there will be corresponding profit pain points and difficulties. It’s not about who is right or wrong; you need a certain amount of capital to make that judgment.
When your funds are already influencing market trends, splitting your positions to build up and close out is the right strategy. Setting aside positions over a billion, if you only have a few tens of thousands to invest long-term, I can only say that you understand financial management; congratulations, the annualized return here is definitely higher than the bank. Just manage your finances honestly, and don't get envious when you see others getting rich.
When trading, your mind needs to be clear; don’t get trapped in some illogical arguments just because others are struggling.
Every child should have heard the story of the little horse crossing the river. If you ask a squirrel or an elephant how deep the water is, you will get different answers, and if you ask someone wanting to see you fall, they will surely say that the river will drown you.
You will know how deep the water is after a few months of trying it yourself. 😊
