#币安Alpha上新 When it comes to earning huge wealth, many people's first reaction is that one needs resources, capital, connections, skills, and other elements. However, I want to explore what we ordinary people can rely on to achieve a leap in wealth.
As ordinary people, we may not possess the advantages mentioned above. Previously, I discussed a theme - what is the best job in the world? The answer is trading, especially cryptocurrency trading!
Why do I mention investing in digital currencies? Because in the world of investment, you don't have to look at the boss's or the client’s face to act, nor do you have to get caught up in the 996 overtime whirlpool. Once you master a solid profit strategy, your descendants can almost rest easy, free from money worries.
More importantly, from a long-term perspective, although investing requires years of honing and sedimentation, it can exchange for your leisurely life in the second half of your life. As long as you dedicate yourself to learning, once you master this skill, it will undoubtedly become one of the most ideal jobs in the world.
However, unfortunately, many people have not truly grasped the essence, leading to their financial ruin, making terms like stock trading and cryptocurrency trading take on a negative connotation.
What I mention by 'investment' is not the kind of frequent short-term trading, buying today and selling tomorrow; such actions cannot accumulate wealth. To make big money in investment, the key lies in two points.
First, you need to have the insight to pick out potential investment targets with unique advantages. These projects should either disrupt the world or leave the entire world helpless, such as Nvidia or cryptocurrencies like Bitcoin.
Second, you need to have enough patience and composure; the holding period should be measured in years, not days or months.
Warren Buffett once said that the key to earning huge wealth lies in two points: one is to hold large positions, and the other is to wait patiently. I believe this statement applies to us ordinary people as well. Just as a nail must be sharp enough to penetrate an object, it must concentrate its force on one point.
Even if you choose the right project, if you do not have the patience to hold it, what is the point? Moreover, you have stepped into a high-risk market. Even if you buy in, lacking patience and vision, you panic and cut losses as soon as there is a decline; or you worry about a pullback as soon as there is a slight increase, rush to sell, and even leave the market early. Such short-sighted mentality, how can it last?
Looking back at Bitcoin's historical trends, those once correct buying points are now clear. However, when we try to look to the future, it becomes blurry. But what does the transformation from 0 to 100,000 require? Just as you see from the candlestick chart, to maximize returns, you must hold firmly and be immovable. This is what Buffett means by 'waiting.'
Once you buy in, you don't need to overly focus on the ups and downs. As long as it hasn't reached your target price, you just need to wait patiently. What you are waiting for is the transformation from 100,000 to 1,000,000, rather than daydreaming like most people about Bitcoin retracing to some low price.
Never blindly follow the crowd into busy places. Instead, you should seek out those with enormous future potential, where crowds are about to flock in. When faced with unfavorable situations like declines, you need to stay calm and remember our previous analyses.
If you are constantly staring at the market, coin prices, and candlestick charts, they will tempt you to engage in short-term trading like a devil. In short-term trading, your opponents seem to see your cards; how can you win?
We ordinary people do not have advantages in resources, capital, and connections, so the only way to earn huge wealth is to rely on time to accumulate the dividends of industry growth. We do not need to focus on market sentiment, price swings, or games manipulated by large players.
No matter how the short-term market fluctuates or how the big players stir things up, we should remain calm and steadfast. As long as we believe the investment targets we buy into have long-term market prospects, we can earn stable long-term profits regardless of how the big players operate.
The most feared mentality is this: when there's a big rise today, regretting not increasing your position yesterday; when there's a big drop today, regretting not selling yesterday. If you always try to seize every little profit from fluctuations, you will eventually be devoured by the market.
Because the opportunities you perceive, others can see them too. Thus, they can use these 'consensus' to set traps that lead you astray.
So, what should we do? Eat when it's time to eat, drink when it's time to drink, go to work when it's time to work, and travel when it's time to travel. We only focus on the big trends and do not get tangled in short-term fluctuations; we only seek logic and do not get addicted to a plethora of information.
Has the expected market not arrived? Has the target price not been reached? Then we will wait patiently until it comes as promised. Because during this waiting period, we stand on the same starting line as the big players, which is the only advantage we can be sure of.
We ordinary people have nothing, and the only things we can rely on are time and patience! Seeking help externally is not as good as cultivating ourselves internally. I can only guide you in the right direction, but true cultivation must rely on yourself.
Disclaimer: This article does not constitute investment advice. The market has risks, and one should be cautious when entering.