Some people don't buy BTC because BTC is too high, thinking how much more can it rise?
This logic seems correct on the surface, but it doesn't hold up under scrutiny.
Just ask them: how do they know it won't rise much? Ten years ago, someone said this, five years ago someone said this. Today, there are still people saying this.
You'll find that those who say such things are all from the same group with a similar mindset.
What they say seems reasonable, but they just haven't made much money.
If they are right, then why haven't they made money? And why do people buying BTC keep making money?
Some people say you should definitely buy altcoins; altcoins make more money.
Anyone who says such things, I'm sure they haven't made much money.
Because his mindset is not good, with a bad mindset, any technology, information, or advantage will be discounted.
Building a mindset is about cognition, which is why it is said that wealth should match cognition.
Cognition leads, wealth follows; wealth will not deviate.
If wealth runs ahead and cognition hasn't kept up, then wealth is just something you temporarily hold.
One day, if you incur losses, get scammed, or the project team runs away, don't blame the heavens or others.
This is just a dynamic mean reversion of cognitive and wealth balance.
Is it okay to just buy BTC? Of course, it's fine; you won't earn a little, just a bit slower.
Is it okay to just buy altcoins? It depends on the individual situation. If you earn 2 million a year and use 100,000 for it, then there's no problem.
If you only have 1 million and use it all for altcoins, encountering market conditions like these in the past few days, that 1 million will probably drop to 600,000.
Your mindset will collapse. Because you don't deserve that 1 million; you only deserve 100,000, and the altcoins will eventually drop by 90%.
Some may say, I successfully sold at the peak; I sold when it surged. This might be your skill.
In the world of investment, technology is just auxiliary; if done right, it can enhance your returns, but if done wrong, it will also accelerate your losses.
If you get the rules wrong, luck will negate any technical advantages.
No matter how great you are, you cannot deny that the process of making money has a certain element of luck.
And luck cannot be controlled by you.
Investing should be from the perspective of a God mindset. Pretend you are God.
After observing for these years.
You have actually discovered that virtual assets are continuously expanding.
Shitcoins, air coins, and junk coins can surge in a bull market; you understand this rule.
Then you will allocate your investable assets to this.
How much Bitcoin should you buy, how much altcoin, how much air coin, how much junk coin.
I just want to look at the coins.
In your mind, there must be someone you consider very important, someone very secondary, and someone you don't want to bother with at all.
When a benefactor calls you, you will respectfully answer; if your benefactor invites you to dinner, you immediately set aside your busy tasks and go.
You wouldn't even bother to respond when someone you look down on calls you. If they invite you to dinner, you might only go if you're bored; as long as you have something to do, you don't want to waste your productivity.
The moment we invest, this matter is already completed for us.
You can look at prices, but you shouldn't overdo your operations; too much operation can easily lead to lower earnings because your mindset will surely be affected by market fluctuations. The market can influence most people, so under that influence, your operations will become distorted, making it difficult to earn money.
If you lost money on air coins, it's normal for them to go to zero because they are junk; the proportion you allocate to junk is originally very small, so it won't erode your principal.
If your main asset rises a little, it can cover your losses.
If an air coin surges, you might also exchange for a little more of the big pie.
Altcoins and air coins are prone to losses, but we still need to buy them.
We make money using strategies, so don't care about the gains and losses in one place or another. Keep moving forward with this method time after time.
You may temporarily incur losses, but that's okay; you will eventually earn everything back.
This is the way of the investment world. You need to have a God mindset.
Garbage has its own destiny; you can take care of it a little less.
Quality will have good development; it doesn't require your mental effort to watch over.
After buying, you should have the momentum of having made the purchase and not looking back.
Once you have the momentum of having made the purchase and not looking back, it means your mindset has improved.
Your mindset has improved.
This is a sign that you are going to succeed.