Brother Nizi hasn’t written a recap for two months. I remember the last time he wrote a recap was for RFC.
1. People have inertia.
2. There really hasn’t been any market activity.
3. Brother Nizi has often lost a few thousand dollars trading coins in the past two months, not taking it seriously. Many coins can be bought or not bought, and if bought, only a small amount is purchased, so the loss is only a few thousand dollars. This situation is not good.
4. Treat every trade seriously. If you don’t take trading seriously, you won’t grow even if you fall a hundred times.
5. Brother Nizi is still embarrassed to ask others questions; the education we received from books since childhood taught us not to be ashamed to ask, but it’s really hard to do. Be a bit thicker-skinned and don’t be ashamed to ask.
6. Yesterday I bought 20,000 HSK at a cost of 0.8 USD. I encountered two issues: the issue of position sizing, and whether it’s a short-term emotional play or a long-term fundamental hold. I found that my brain always likes to deceive itself; I originally intended to play short-term, but after being trapped, I started playing long-term. 😂. My initial thought about HSK was that at this price, whether playing short or long, there is a margin of safety, so I bought it. But how much to buy is a question. I say I understand platform tokens, but I have never made big money on platform tokens, which is worth reflecting on.
7. Keep writing, write without reservation.
8. Expose your weaknesses, expose your weaknesses without reservation.