Investing in this murky water, it all comes down to mentality in the end
A few days ago, I had tea with a guy who has been trading cryptocurrencies for five years. He said something very practical: "This market is like a mirror reflecting demons. How much you earn doesn't matter; your reaction when you lose money reveals your true character."
I thought about it, and it's really true. During last year's bull market, there were people in the group showcasing their profits every day, either this coin doubled or that chain skyrocketed. Chasing prices up and down was like playing whack-a-mole; whenever the coin price dropped, everyone would panic, and when it rose a bit, they rushed to buy back in, jumping up and down like on a roller coaster.
In my opinion, investing is like raising fish. If you stare at the fish tank every day, the fish will get nervous, and the water will easily become murky. If you keep changing the water every few days, the fish will eventually die. Those who really know how to raise fish set a water change schedule, feed them a proper amount, and go on business trips; when they return, the fish are still lively and jumping around.
So, stop fixating on the K-line charts and look in the mirror more often. When your heart starts racing as you stare at the numbers, that’s when you should exit the market. If you can remain calm enough to cook instant noodles while executing trades, then you’ve truly entered the realm of investing.
If you don’t know what coins to buy in the crypto world, follow me, and let’s strategize together.
