Recently, whether browsing Xiaohongshu or Zhihu, I can see many articles advising young people not to enter the market and trade cryptocurrencies. The reasons given by everyone vary, but they boil down to one point: most people are complaining about their bad luck in the cryptocurrency market. Indeed, looking around at my peers who trade cryptocurrencies, most of them have fallen into a state of loss. However, even so, I still believe that young people can give currency investment a try. Because the gains from trading cryptocurrencies are not solely measurable in money. Let me talk about my own situation: I am 30 years old this year and currently working full-time in Tokyo doing intraday trading in the forex market. My own experience in trading cryptocurrencies spans seven years, from the age of 19 to 26. After graduating from graduate school, in order to gather more funds to invest in my main market, I withdrew all the funds from my platform account and completely left this market. Those seven years of trading cryptocurrencies did not bring me much financial gain, but they provided me with opportunities to broaden my horizons. Through trading cryptocurrencies, I have learned about many industry dynamics over the years, studied many macroeconomic development patterns, and developed a habit of using rationality to assess changes in the value of things—from the perspective of personal development, the experience of trading cryptocurrencies has brought me significant growth and changed my values, making me someone with a longer vision who is not swayed by immediate small profits. I believe that the ways in which traders and non-traders view the world may be completely different.
However, in this day and age, many people stand up to urge others not to enter this circle. I believe this is because the majority of people are entering this realm with incorrect approaches. Many people are hit hard as soon as they enter the cryptocurrency circle because they have not positioned themselves correctly from the beginning. They harbor visions that do not match their own cognitive abilities, entering the market with a large amount of their wealth, wanting to show off their skills right from the start, which is unrealistic. Many of my peers who are experiencing significant losses also carry the heavy expectations of their families when entering this circle. They say they want to 'help their families achieve asset allocation.' However, entrusting such a big responsibility to a novice is like asking an intern doctor to perform a complex surgery. In any industry, a newcomer’s primary job should be to learn, rather than to think about achieving great success right away. Learning the correct way to invest should be to invest spare money within the limits of one's personal income (rather than family savings), slowly honing trading skills and enhancing understanding. Only by keeping both risks and returns within one’s capacity can you fully focus your energy on learning, instead of just blindly chasing immediate benefits. As long as you adjust your attitude and view this industry with the right perspective, I believe that trading cryptocurrencies will still bring you a lot of growth and rewards.
I have many thoughts and have written a bit long. I hope everyone can view investments with the right perspective and achieve the expected gains.