Confused about the spot market? Why don’t good projects rise, but their valuations fall when they are reasonable? Cognitive vulnerabilities revealed

1. Charts, K-lines and transactions.

Comments: Learning is better than not learning, it is just a supplement.

I have learned all the technical analysis and theory, and I have come to the conclusion that I cannot realize my dream of becoming a great investor in this aspect, and I am going in the wrong direction.

2. Spot, fundamentals, capital, team, horizontal and vertical ratio, what problems to solve, etc.

Comments: I can’t make any money and I’m confused. It’s obviously a good project but it’s not rising. It’s obvious that the horizontal valuation ratio is not higher than the vertical ratio, but it keeps falling. Why? The understanding must still be insufficient.

3. Emotions, NFT, MEME, market forces, lies and truth

Comment: If you can grasp the rise of emotions, you can make money. But if you don’t know where your emotions are going, it’s easy to lose money. When do you run away in actual combat? What logic is used? Not sure yet.

4. Vision: What do VCs, project parties, institutions, and market makers think and do?

Think about the problem from the perspective of the top of the industry, collect information that retail investors cannot see, make a comprehensive judgment, and come to the conclusion: If you don't know why a currency rises, there must be information you don't know.

5. Qualitative change: poor information, poor cognition, poor price,

Information gap: Are you diligent enough to read information and projects every day? How many projects do you read every week?

Poor cognition: fundamentals, emotions, bankers, how to think from a systematic perspective

Price difference: Have a correct valuation system and good valuation capabilities.

6. System: price investment logic and currency circle actual combat

Comment: The beauty of application lies in one's mind.

It is gradually difficult to explain an investment decision simply at this level. It is a comprehensive judgment based on a large amount of data and experience.

After carefully reading the information of various people who have made huge wealth for a long time in history, after establishing a preliminary underlying framework, combined with actual combat in the currency circle, we will continue to polish through making and losing money, and continue to make progress amidst twists and turns.

PS: If we had to do it again, it seems that there are two ways to optimize and speed up these paths:

First, the technical analysis part took more than a year, which was quite wasteful. In fact, it only needs to be learned briefly.

The second is the vision part, which can only be accessed by constantly improving your social circle. There is no special trick for this.

Third, the other parts are all hard work, and there is not much room for trickery. It is better to be diligent and practical.

Of course, there is only one fastest way: to meet myself today a few years ago, but I no longer have the chance.

Gong Zonghao: Chenxi web3 vision #BTC #memecoin #nftfi #ETH/USDT