If you play contracts and open 50 times or 100 times, you may not be able to sleep in the middle of the night.
When I first entered the circle, I stayed at home every day to study the cryptocurrency circle, do transactions, and mainly do contracts. My family lives in a rural area, a two-story house, and I live upstairs. There is a village road to the right of my window. Sometimes I hear neighbors chatting on the roadside, saying that I stay at home every day and don’t go to class or help with housework. In short, it means that I do nothing. This is what they say secretly. On the surface, they ask my mother, half-jokingly asking me what big things I do at home every day, and my mother can’t answer it clearly.
During that period, I watched the market for at least 18 hours out of 24 hours. Those who often do contracts know that you can't sleep well at all. Even if you are sleepy, I will wake up after sleeping for one or two hours, look at the K-line, and instantly feel refreshed.
Only people who have done high-multiple contracts can understand this feeling. Your money is like being hit by waves, up and down. This feeling of adrenaline explosion is really unforgettable.
Of course, I don’t do contracts anymore. I’ve been doing it for a long time, and I’ve learned a lot in this industry. Now I just hold BTC, making big money, and I don’t do it often. I occasionally take people to play with spot trading, make a little money, and get back the feeling of doing trading in the past.
Back to investment, in terms of rate of return, hoarding coins does not seem to be the best choice. Someone will tell you that he has 100 strategies, each of which has a higher rate of return than hoarding coins, and hoarding coins is the stupidest.
Is this really the case? Not necessarily.
The return on investment is nothing more than [output]/[input]. [Output] is money, but [input] is not just money, but also the time and energy you spend, and time and energy may be priceless. Therefore, the biggest investment may not be the money you invest.
Watching the market 24 hours a day, you have to be careful that your wife will blame you, this is also a cost. Staying up late often, you have to be careful that your wife will marry your driver with money after you die suddenly, this is also a cost. Living with fluctuations, licking blood on the knife edge, although you may win by chance, your spirit will be destroyed, this is also a cost.
Considering that the time and energy invested are close to zero, the rate of return on hoarding coins is actually extremely high.
If this type of investment that requires almost no time and effort is collectively referred to as a "foolproof" investment, then what conditions does it need to meet?
The reason why most people lose money is that the cryptocurrency market fluctuates a lot. Most of the time it is falling, and a small part of the time it is falling in a sideways trend.
Very rarely does that part rise, so the only way to make big money is to grab the opportunity and buy before the rise.
Do you see such people in the market? Of course there are. They are people with excellent qualifications and good luck.
Anyway, I know that I am a person of average or lower qualifications. I don't care about luck. I can only bear the fluctuations and sit still.
Perceptions can change quickly, but luck is out of your control.
I am a person with average or lower qualifications, but I am always there, whether it is falling, rising or stable. People like me rely on skills and patience, not luck.
It seems that I wasted a lot of opportunities to trade in waves and missed a lot of small coins that exploded, but time will reveal everything. After a year, my rate of return has outperformed most people. Moreover, I have made fewer operations, so I can focus more on life and other things. I think this is also very important.
