BITWU
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Why is it said that improving your judgment is 10,000 times more important than hard work?
I chatted with a few old friends in the afternoon and found that people who have experienced many bull and bear markets in Crypto and successfully become rich have one thing in common:
Superior judgment!
Judgment is very important and is a seriously underestimated ability in this era. Effort is seriously overestimated. Direction is always more important than speed. Wisdom and judgment are highly correlated.
I think the definition of judgment should be:
The ability to make wise decisions in complex or uncertain situations involves evaluating information, considering alternatives and predicting results. It combines knowledge, experience and critical thinking and is an important skill.
Navar said: In the era of leverage, a correct decision, or doing one thing right, can help you win everything.
This is indeed the case. For example, you dared to buy at the bottom on 312 and 519, and dared to escape in the Luna and FTX incidents. Every decision is worth a lot of money.
The right decision can indeed make you richer or poorer. Buffett spends most of his time brewing, thinking and observing, and only makes the important decision at the right time.
The root of the right decision lies in whether you have foresight or judgment.
Establish a decision-making model and clear judgment: logic and mathematics, clear thinking, seeking truth from facts, recognizing the truth of the world, and being honest with yourself.
The following are some methods that grok3 gave me to improve judgment after I chatted with him. Judgment cannot be achieved through short-term training, but can only be obtained through our experience and long-term learning!
I chatted with a few old friends in the afternoon and found that people who have experienced many bull and bear markets in Crypto and successfully become rich have one thing in common:
Superior judgment!
Judgment is very important and is a seriously underestimated ability in this era. Effort is seriously overestimated. Direction is always more important than speed. Wisdom and judgment are highly correlated.
I think the definition of judgment should be:
The ability to make wise decisions in complex or uncertain situations involves evaluating information, considering alternatives and predicting results. It combines knowledge, experience and critical thinking and is an important skill.
Navar said: In the era of leverage, a correct decision, or doing one thing right, can help you win everything.
This is indeed the case. For example, you dared to buy at the bottom on 312 and 519, and dared to escape in the Luna and FTX incidents. Every decision is worth a lot of money.
The right decision can indeed make you richer or poorer. Buffett spends most of his time brewing, thinking and observing, and only makes the important decision at the right time.
The root of the right decision lies in whether you have foresight or judgment.
Establish a decision-making model and clear judgment: logic and mathematics, clear thinking, seeking truth from facts, recognizing the truth of the world, and being honest with yourself.
The following are some methods that grok3 gave me to improve judgment after I chatted with him. Judgment cannot be achieved through short-term training, but can only be obtained through our experience and long-term learning!
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