Yesterday I saw a friend crying in the group: "Ethereum fell to 2610 and I didn't buy the bottom, now it's 2791 again!" I clicked on his homepage and saw that there were more than 600 transactions in the past three months, and the transaction fees were enough to buy an iPhone. The classic illusion of being a leek in the token circle: I always feel that I am 0.01 seconds faster than the high-frequency trading robot.
Hands are a disease and need to be treated
The leeks always like to treat the exchange as a nightclub. They feel itchy all over if they don't open the APP more than a dozen times a day. Seeing the K-line fluctuations is like a red-eyed gambler in a casino. If it rises, they are afraid of missing out. If it falls, they are afraid of returning to zero. If it goes sideways, they think it is a waste of life. What is the result? The exchange's year-end bonus depends on your contribution to the handling fee, the project party runs away and you take over, and even the cryptocurrency media relies on your anxiety to earn clicks.
Do you know the biggest difference between old and new investors? Old investors have electronic bonsai in their trading software — the fewer times you open it, the higher the returns.
Time is your only ally.
Bitcoin has experienced 87 price cuts in history, but as long as you don’t sell during a crash, you can still make at least 30 times your money now. Those who used to call Satoshi a scammer are now busy pretending to be prophets on Twitter. Remember, the market always rewards those who can delay gratification.
Look at those who hoarded UNI during the bear market in 2018; they were directly laughing with abs in 2021. Now look at the geniuses who stare at the market every day making swings, still calculating the parallel universe returns of 'if only I hadn’t sold' after five years.
Crocodile Principle: Wait, wait until you die.
Real hunters are like crocodiles: they lie in ambush for three months, then kill in three seconds. The BTC I bought during the crash on March 12, I kept locked in cold storage until it reached $65,000. During that time, I went through the DEFI frenzy, animal coin riots, and Musk's calls — what does that have to do with me? I want to open for business once every three years and eat for ten years.
Those short-term traders who laugh at your 'Buddha-like holding' will eventually be liquidated into fuel. Remember, those who thrive in this market are always the ones who can sit on the toilet and scroll Douyin during wild price swings.
So next time you feel the urge to trade, I suggest you just chop off your hand — in a physical sense. After all, having a mechanical prosthetic is more dignified than working for an exchange every day.