$BTC Directly get to the point
Step 1: Increase awareness, recognize value. You need to know which assets are valuable, which are undervalued, which will attract future capital inflows, and which are inevitably going to absorb excess currency issuance. Step 2: Emotion management. You need to have stable emotions and practice delayed gratification. Step 3: Firm execution. Continuously invest the cash flow you earn through working or business into valuable assets, then hold on to them. Give up short-term trading, focus on the long term, and do not fantasize about becoming rich overnight. By gradually accumulating wealth, a qualitative change will occur, and compound interest will naturally follow. The more you want to get rich quickly, the slower the results will be. The development of things has its own rules. If you want to make big money, it must come from societal development, economic development, and market cycles. In other words, it is money provided by the market, not because of your personal capabilities. Short-term trading is essentially a zero-sum game, where retail investors face institutions and market makers, positioned at the end of the information chain with negligible capital. The technical indicators you learn are already publicly available in the market, and there are no secrets. So, on what basis do you believe you can harvest profits from exchanges, institutions, and market makers? Logically, it doesn’t make sense. Retail investors should abandon short-term thinking and adopt a bundling strategy, which may be the most rational solution. As technology progresses, social and economic conditions develop, and currency issuance inevitably increases, the prices of good assets will rise, right? You just need to continually invest the money you earn into the best risk exposure and hold on. The problem is that you can't control your impulses because there is noise in the market. If you are too close to it, you will be disturbed. Once your emotions are disrupted, the next thing will be distorted operations. The pitfall of short-term trading lies here. You will face countless choices, and making one wrong move could lead to total loss. Therefore, controlling your impulses is very important. In summary, it all comes down to the process of cultivating the mind. The phrase 'knowledge and action unified' is actually incomplete; it lacks emotion management in the middle. Without effective emotion management, you cannot align your actions with your awareness, even if your awareness is very high, it still cannot be realized.
