If you have a golden egg, the current price is 10 yuan, but it will appreciate to 20 yuan in the future, should you sell it immediately?

Only a fool would sell it, right?

But I didn’t say a time limit for this future. If it appreciates to 20 yuan in three days, you definitely won’t sell it. But what if it is three years later, should you sell it immediately?

This choice is actually a watershed, which determines whether you will be a gambler or an investor, a poor man or a rich man, and whether you have the qualities to delay enjoyment and make friends with time.

There is a difference between going to a casino and playing mahjong.

Casinos say that if you gamble for a long time, you will lose, because the casino steadily makes rake money. As long as you keep playing because of greed, you will lose sooner or later.

Playing mahjong is a game of luck. If you keep playing, good and bad luck will be equally divided, and no one will cheat, there will be no banker, and everyone's winning rate will be equal.

There is also a difference between playing mahjong and Texas Hold'em poker.

Luck is the main factor in playing mahjong, skill is secondary, and the most important thing is entertainment. So it is not only from an entertainment perspective, but also because luck factors dominate. As a result, the game is extremely open, which makes people want to play again after playing once, satisfying the novelty and instant gratification of human nature.

When playing Texas Hold'em, the ability to obtain and utilize information when information is unequal;

The ability to hide one's own information when considering the situation of playing games with opponents;

In a blind game, the ability to calculate EV (simply put, expected EV = profit * estimated win rate + loss * estimated loss rate. For example, if there is a 50% chance of winning, the profit of winning is 100, and there is a 50% chance of failure, the loss is -20, and the overall EV is 40, which is positive. The more accurate our judgment of the opponent's card strength, the more accurate the win rate calculation. The more accurate our prediction of the opponent's behavior, the closer the predicted profit is to the actual situation) is.

This is a game similar to investment decision-making. From the perspective of the game itself, it is not very fun. From the perspective of each round, masters may not always win. Instead, there are a lot of discards and little immediate enjoyment. However, as long as you continue to improve the three abilities mentioned above, set up a reasonable system, and implement it firmly, as long as you do not leave the table and make fewer mistakes, your chances of having the last laugh are greater.

This is very similar to investing, creating a trading system, executing a trading system, constantly improving the ability to capture information, and making long-term plans. As long as you really do better than most people, you can win. This is anti-human nature. Investing is anti-human nature.

Of course, the Texas Hold'em mentioned here is not the kind of Texas Hold'em with a rake and high entry fee, nor is it a game of relying on simple luck or winning or losing to numb yourself to the elements. That is no different from gambling in essence.

There are also differences between Texas Hold'em and investing in digital currencies.

The former is a zero-sum game, where someone wins and someone loses. Although investing in digital currencies also means someone wins and someone loses, if it is a value target, it is a positive-sum game. If we choose ETH and BTC, it represents the changes in the digital economic world. As long as its overall trend is upward, no matter you are at the foot of the mountain or on the mountainside, as long as you make friends with time and are not too greedy, you can always buy at a low price and sell at a high price.

This is how fixed investment in digital currencies is, you can always spread your costs to a lower price and then sell it at a higher price.

Going back to the topic at the beginning, if you choose to keep the golden eggs, delay enjoying them, and sell them at a higher price, if this can become your investment habit, you will most likely not be poor. As for how rich you are, it depends on you. How much off-site capital can be invested?

When you understand that in the long run, valuable things are more valuable than cash. If this thing can not only be bought with money, but can also be obtained in other ways, certainly not by stealing or robbing, then you can Try your best to get something more valuable for yourself.

For example, golden eggs, you can sell some of them and buy chickens that lay golden eggs.

Therefore, in terms of long-term value, holding cash is not as good as holding golden eggs that will appreciate, and holding golden eggs that will appreciate is not as good as holding chickens that lay golden eggs.

In terms of digital currency, holding cash is not as good as holding coins that will appreciate in value for the long term, such as BTC and ETH. Holding BTC and ETH is not as good as holding mining machines that produce Bitcoin and Ethereum.

This is the gold standard, the currency standard and the mining machine standard.

What is the specific quantification? Assume you currently hold 10 ETH and the current price is $3,500. See the comparison below:

1. If you choose the gold standard and sell your 10 ETHs, you will get $35,000 in cash. You hold on to it and wait for the next bull market. Assuming that in 4 years, currency depreciation will make the money in your hand less valuable. Moreover, basically, as long as you cash it out, you will consume it. Consumption brings enjoyment, but it cannot bring asset appreciation.

2. If you choose the currency standard and keep 10 ETH for the next bull market, there is a high probability that the ETH will exceed 25,000 US dollars per coin, or even 35,000 US dollars per coin, which is 350,000 US dollars. In other words, take a long-term view. If ETH has value, you don’t have to worry about whether you sold to the highest point in this bull market or escaped from the top. You don’t have to worry about whether the price of the currency has dropped terribly due to the bear market. You may not have escaped. The top is a good thing, you can definitely wait for a higher top, and the future of ETH is almost destined to be good. The current price of ETH is a record high, but compared to the long-term future, it is still low.

3. If you choose the mining machine standard, then 35,000 US dollars can buy 6 ETH mining machines. If you simply reinvest, then in 4 years, the number of your mining machines will probably double 25 times to 150 (the specific calculation process can be asked by the customer service teacher). Each machine will bring you 800 yuan per day according to the price of the next bull market, so 150 machines will bring you 120,000 yuan in income. If you only need the mining income for 8 months in the next bull market, and reinvest all the coins in the meantime, you don’t need them. After 8 months, you don’t care whether the mining machine can still be used. These 8 months can bring you more than 5 million US dollars in income. If the mining machine can still mine, you can continue to make money.

The mining machine uses the thinking of leverage + compound interest. Leverage is to replace the golden eggs with the chicken that lays golden eggs, so as to obtain more golden eggs. Compound interest is to let the chicken give birth to more chicks.

Of course, does it mean that if you want to stud, everything should be based on mining machines, or even take out a loan to sell a house?

Of course not.

From the perspective of investment income, the mining machine standard under the reinvestment mode must be the best choice, followed by the currency standard and finally the gold standard.

But from the perspective of liquidity, the gold standard is the easiest to solve life's urgent needs. The second most popular standard is the currency standard, and the last is the mining machine standard. In a bear market, it is difficult for you to resell a mining machine.

Therefore, if you choose to invest heavily in mining machines, you are destined to choose a lonely and self-disciplined path.

When I say this, I actually want to objectively describe the two sides of a thing. We cannot lose objectivity like other self-media teachers just because V-Pool sells mining machines.

As long as you sell the coins, you should buy mining machines. If you sell coins for more than 1,000 US dollars, buying mining machines may be in line with value investment and satisfy the sales of mining machines.

But it did not take into account that people should pay attention to the present stalemate in order to move forward to the distant future without worries about food and clothing.

Most people definitely cannot survive by tightening their belts and living frugally until the next bull market, so if you don't let others keep some bullets, people will starve to death in the bear market.

So the ratio I recommend is 2:2:6.

20% of the capital standard will be used for urgent needs in life and the emergence of new and good investment targets;

20% is reserved for coins so that they can be liquidated at a possibly better price when life requires it, or left for the next bull market;

60% is used for reinvestment in mining machines, which is used to make big money.

Finally, I asked myself, how can this strategy of mine last?

The answer is to achieve a win-win situation.

That is to say, it is highly likely that the partners who follow me will make money, and a lot of money. So the purpose is not to sell mining machines, but I have found a way for ordinary people to turn their lives around. I want to simplify it, share it with more people, optimize it, maximize our profits, and make some money by the way. But this must comply with the previous premise, try to make the partners who follow me make a lot of money, or at least try their best to avoid various pitfalls, including the pitfalls of mining itself.

So I maintain this original intention from the following three points:

1. All strategies must be implemented resolutely by yourself before sharing them with others.

2. If there is a conflict between mining machine sales and investment income strategies, it must be profitable to choose an investment income strategy first. It is more important to maintain an objective and win-win situation. If there is a big pit in mining, and I know it clearly and still lead you to jump into it, then it is a moral issue. We must report it to investors as soon as possible and not let our butt decide our head.

3. Build a community around values. Whether they are community staff or community node partners, they must firmly practice the rules of getting rich, and share with people with similar values. They do not promote, only share, present information more than interfere with decision-making, and reduce the organization's There is a risk of being coerced by interests and turned into a tool for shameless profit-seeking.

The last summary is: I can make a fortune silently if I re-invest, so why should I risk promoting it to some random people?

We get along well and are the same type of people, so let's do this as friends. I will tell you about any obstacles and twists along the way, and of course I will also share with you the prosperous destination that I see.

When you come to me, not only will I not cheat you now, I will never cheat you in the future, but I will also give you a truly objective investment portfolio strategy, rather than an investment strategy oriented towards the sale of mining machines.

Mining machine standard, rather than making friends with time, it is better to say that time is our enemy, because usually, you can't survive it. It's better to be friends with one bear and one bull, and those loneliness will no longer exist, one strategy, one four years.