The first time I came into contact with digital currency was in 2017. At that time, the regulation was not so strict. APPs could be downloaded at will in the mall. BTC was 4000+ at that time. I had dozens of Bitcoins at that time. The currency price fluctuated greatly. After a year of magical operation, I successfully cleared my assets! In 2019, I successfully entered the currency circle with 10 ethers. At the highest point, the available assets were 800,000+U, and then it was instantly zeroed. There was only less than a month in between...
Who doesn’t know that playing contracts is no different from gambling? At the same time, everyone knows that playing contracts is at least 80% of the mentality, and skills only account for a small part. In a bull market, everyone can become an expert. What is the most important factor affecting the mentality? A contract master said that the biggest factor affecting the mentality is: "You have to ensure the safety of your principal; and then maintain a stable profit!" These two sentences are very important.
Think about it, once we lose part of our capital, we want to increase the stakes and win back the capital, or even go all-in to turn things around, but we didn't expect to fall off a cliff. Such examples happen every day in the currency circle. I have experienced all of this...
In the past few years, I have slowly learned some skills through reading books, or more of cultivating my own mentality, and then I slowly understood some truths. The accumulation of wealth is obtained through long-term compound interest, including all the current financial tycoons, including Buffett and others; of course, there are also people who get rich overnight, but they are rare. There are so many people who are struck by lightning every day. Think about it, if lightning can't strike you, how can these opportunities fall on you?
I entered the currency circle again this year, without taking out a lot of capital, and planned to use a small amount of funds of several hundred U to witness the results of continuous compound interest, with the goal of witnessing 10,000U together next year.