$BTC $ETH Many people understand compound interest as buying an asset, not moving it for 10 years, and earning dozens of times.
Basically, all the major influencers in the market say this to you: compound interest is the eighth wonder of the world.
As long as you hold on tightly to good assets, you will definitely achieve financial freedom in the future.
In fact, this kind of compound interest is an unreachable fantasy.
Anyway, what I know is that almost no poor person has really achieved this.
If there is such a group, they achieve it passively.
Relying on others is possible, for example, investing in a BTC fund in the early years that opened for redemption after 10 years.
For example, if you bought a house earlier, or gold jewelry that you kept. Now it has welcomed a wave of market trends.
This unwavering holding is key to understanding. It is not just about holding without understanding; holding without cognition is useless.
So, the process of holding on and the constant reinvestment later must rely on continuous cognitive upgrades. This investment in cognitive upgrades plus your time investment is the true essence of compound interest; this is the core of making money.
It’s not as they say in the market: just buy and hold. You simply can’t hold. This is a very irresponsible logic; for example, they often mock those who can't hold: if you can't hold, it's your own fault.
There are many forms of making money, and there is no absolute standard.
No one can rely on being completely ignorant, holding on to what others say is good for 10 years, especially when you have no money.
What I understand by compound interest, I will take the cryptocurrency market as an example.
Assume you start with only 50,000 yuan.
What you should really do first is to buy BTC, earn some money on BTC first, because making money with BTC is the easiest.
If you can't make money with BTC, then there's no need to buy anything else, for example, if your 50,000 yuan turns into 100,000 yuan.
During this time, you will definitely feel the market, and you will learn diligently. The various rules and investment logic of the cryptocurrency market.
You have 100,000 yuan. If you play with other things, you might lose it all. But that’s okay, you will definitely gain insights from this loss.
If you lose everything, you can continue to earn outside the market, buy some BTC, and then buy others.
At this point, your ability index will have basically improved by 30%. You at least know what not to buy and whose words not to listen to.
You will chase new trends, whatever comes out, you dare to fight for it, and there is naturally a possibility of loss.
But you are not simply losing without logic; you will sense the market's heat, the changes in trends, and the market hotspots to invest your valuable money.
As long as you keep persevering, you will definitely earn once, and at this time, your ability index will improve by 50%.
You hit the target, but you don't know when to sell; you might sell too soon or wait too long and sell after a big drop.
But that's okay, you will definitely know next time. This accumulation of ability truly enhances your ability for compound interest in investments.
Continuing to the next time, you might still lose everything, but your mindset has greatly improved. You understand clearly what you lose and what you earn.
You have already faced the rise and fall in this market with ease. When the next opportunity arises, you know you will earn.
When you encounter good opportunities again, you earn once more, and at this point, you've learned to exit at a high point; your ability index has risen to 70%.
At this point, you should have a considerable principal, 300,000, 500,000, or even 1 million is possible.
At this point, the logic you have learned and your ability to invest according to your previous methods will mean your losses can never erode your principal again.
Of course, you will experience both losses and gains, with smaller losses and larger gains. With each market cycle, you continuously accumulate principal. 1 million becomes 1.5 million, 2 million.
In three years, perhaps two opportunities, and soon your funds will reach 5 million. At this point, your ability index has basically improved to 90%.
Only 10% is about controlling your mindset and honing your character; the market cannot help you with this. It all depends on your self-awareness.
Eventually, your funds will break through to A8. Continually seizing one opportunity after another, rolling your funds, this is the true essence of compound interest.
Only this method of compound interest can achieve true financial freedom.
Originally, with very little principal, accumulating through work and continuously investing over 10 or 20 years, it is theoretically possible to become rich. But without the support of cognitive logic, you cannot hold for 10 years.
Things that cannot be done may yield the same result in 10 years, but are meaningless for most people. Moreover, those who say such things are basically looking at problems through the rearview mirror of ten years later. This is completely meaningless.
The essence of compound interest lies in the refinement of one’s own understanding, not merely in the accumulation of your funds and time on an asset.
The essence of this understanding of compound interest and the accumulation of time will lead to a qualitative change in your wealth.
At this point, if you've praised A8, you basically count as having achieved basic financial freedom.
Upon reaching A8, you can basically be considered to have leaped over the dragon gate. You have passed the most difficult hurdle for most people.
If you are not relying on luck, then after one more cycle, reaching A9 is just a matter of time.#代币发射平台竞争加剧 #CPI数据来袭