There are roughly two types of people who make a lot of money in the cryptocurrency world.
1. Rely on cultivation
2. Rely on discipline
Rely on cultivation
A person with cultivation should possess the following qualities:
See the truth
Have faith
Take responsibility for yourself
1. See the truth clearly
In fact, this is quite difficult. We grew up in a uniform education model, and the awakening of independent thinking was delayed for a long time. The exploration of the truth is derived from independent thinking. Most people just listen to the media and follow public opinion, like duckweed, drifting with the wind. If someone you trust happens to lead you astray, you will have to stay in lies and mistakes for a longer time.
How many people have seen the truth about Bitcoin? Is its real power the technology or the economics behind it?
2. Have faith
Faith is based on seeing the truth. The faith mentioned here is not religious or superstitious faith. Of course, the target does not necessarily refer only to Bitcoin, just like many people in the currency circle believe that public chain and cross-chain are the future of blockchain. Everyone can have their own beliefs based on their own vision.
Only faith can make people hold a worthy currency for a long time. Some people say that the last bull market brought Bitcoin into the mainstream, and the task of the next bull market is to bring some of them into the market. In this way, only those who hold the currency with faith are qualified to enjoy a bigger bull market.
Even if you enter the market early, have low costs, understand technology, or even are a code contributor, you may not be able to hold on to it and make money from Bitcoin. What kind of people make money?
Those with faith:
For example, Mr. Li knows that this is not something that can be achieved overnight, so he is patient and makes friends with time, and makes money through other things. He then buys coins with the money he earns.
For example, Jiushen is a die-hard Bitcoin hoarder. He has also been making money in other fields, and he hoards Bitcoin after making money.
For example, some entrepreneurs, like Ding Lei, buy Bitcoin just as a configuration. People who are not short of money and believe in this thing, even if it is just an experiment.
In the end, I found that those who made a lot of money were those who had faith but did not rely on it to make a living.
So we say that when investing your spare money, you have to be able to hold on to it.
3. Take responsibility for yourself
I won't say much about this. The first thing a qualified investor should do is to be responsible for his or her investment. Pay for your own decision. If you lose money, you will blame others and you will never make money. In a free market, no one will hold a knife to your neck to make you buy coins. Don't fantasize beforehand, and don't complain afterwards. There is no regret medicine in the world, and the investment market has been like this since ancient times.
Rely on discipline
After all, there are only a few people who have achieved cultivation, and even cultivation takes time. Sometimes opportunities don't wait for anyone, what should I do?
Then we can only rely on discipline. Of course, the premise of discipline is that we must have a high level of awareness. Otherwise, we will be thrown out in a minute. If we don’t have enough cultivation, discipline will help.
We often say:
Make friends with bubbles. Where there are bubbles, there are opportunities to get rich.
Make friends with time. Investment should be cyclical. In a bear market, you sow seeds, and in a bull market, you reap the harvest. In between is patience. Make friends with time.
Make friends with boredom. Fixed investment is not fun or exciting. But it can guarantee basic returns. You should know that most people lose money.
As long as you agree with the above three sentences, you can abide by discipline.
The most difficult thing about keeping discipline is seeing other people's coins go up, while your own coins don't move, and even go down. Seeing others cheering and jumping for joy, switching to different stages, while you are left alone to guard your own flower.
If you really want to play, take out 10% of your spare money to play with buying emotions and selling facts. Write down the reasons for your operation and the plan for profit and loss, just treat it as a practice. There is nothing wrong with it. As long as you don't hurt yourself and know what to do, it's fine.
So, make friends with time. In the short term, you will see others being proud. In the long term, others will see you having the last laugh.
