At the age of 18, you just entered college and heard that you could make money by speculating in cryptocurrencies.
You opened an account, used the living expenses given by your parents, and bought an altcoin. Three days later, it doubled.
You think you are a genius.
At the age of 20, you are a sophomore in college and your account has doubled. You start skipping classes and staring at the K-line all day, imagining that you will become the next Buffett. Until one day, the market suddenly plummets, and all your profits are gone, and you also lose your principal.
You cursed, "Bullshit!" and then uninstalled the software.
At the age of 22, you graduated and found an ordinary job.
The salary is not high, but it is enough for living. One day, your colleagues were talking about stocks, and you were itching to get involved, so you downloaded some trading software.
This time you learned your lesson and only bought Bitcoin for "value investment". As a result, the bitcoin price went sideways for a year and you couldn't stand it anymore so you sold it.
The next day, it started to surge.
At the age of 25, you switched to a financial company, your salary increased, and your confidence returned.
You start studying technical analysis, drawing trend lines, looking at MACD, and saying with confidence: This time it's different.
As a result, the year-long bear market comes and your account is cut in half again.
You comfort yourself: It's just bad luck.
At the age of 28, you met a girl on a blind date.
She asked you what your hobbies were, and you said, "Studying investments." She smiled and said, "That's great. The family finances will be left to you from now on." Your heart tightened because you knew that your account was still losing money.
At the age of 30, you got married.
At a wedding, a friend asks you: "How are the stocks doing lately?" You give a dry laugh and say: "Not bad, it's a long-term investment." In fact, your account has already lost 40% but you dare not say it.
At the age of 32, the child was born.
You start to get anxious. Milk powder, diapers, kindergarten, everything costs money. You tell yourself: "I have to make it back!"
So, you leveraged and filled your position with "insider information". As a result, the next day, the news of the delisting exchange broke out, and the price of the coin in your hand fell by 30% every day.
You sit in your car, smoking a cigarette, looking at the numbers in your account, and feel despair for the first time.
At 35, you finally recognize the reality and start investing in Bitcoin
The market gradually recovers and your account finally gets its money back.
But you find that you are no longer as cheering for the surge and getting angry for the plunge as you did when you were young.
You just look at the K-line calmly, like watching a movie whose ending you already know.
At the age of 40, my child is in school, and the expenses of tutoring classes and interest classes are increasing.
You still buy some altcoins occasionally, but you no longer fantasize about getting rich quickly.
One day, your child asks you: "Dad, what is the cryptocurrency world?"
You thought about it and said, "It's just a group of people who use money to buy hope, but most of the time, what they buy are just lessons.
At the age of 50, your child goes to college and the tuition is very expensive. You check your account and find that the money you have saved over the years is just enough to support him.
You suddenly remembered your dream when you were young - "financial freedom". Now you understand that freedom is not the numbers in your account, but no longer being kidnapped by desires.
It turns out that life is like a K-line, with ups and downs, but in the end, it will return to calm.
At the last second, you hear the exchange bell.
On the screen, the altcoin you bought when you were young is still being traded.
And your account has already been cleared.
What I want to say is that lowering your stakes is the beginning of success
