Don't touch high leverage: I just want to be a friend of time
My accuracy in analyzing the market isn't low, and there are always people around me asking, "You are so accurate, why don't you use high leverage to make a fortune in one go?"
Actually, the answer is simple: I don’t want to gamble away my chance of ‘standing until the end.’ High leverage is like a knife hanging around your neck; you think you're holding the handle, but the blade is always pointed at you. A 10% fluctuation is just a minor ripple in a regular account, but in high leverage, it is the abyss of losing everything.
Buffett once said, investing is not about who makes money the fastest, but about who lasts the longest. I deeply agree. Even if I have 10 million now, and I use high leverage to gamble it into 100 million, so what? I still prefer to take a walk in the park every day, I still love eating homemade dishes that cost a few dozen dollars, and I still habitually wear clothes that cost a few hundred—none of this money has made my life any better. But if this 10 million turns to zero because of leverage, that would be catastrophic. I don't have the confidence to say I can make a comeback; one time hitting zero is enough to destroy everything.
Newcomers always think they can get rich overnight using leverage, believing they can avoid all the risks. But have you ever thought: Are you as smart as Buffett? Even he doesn’t touch high leverage. Do you have the discipline of those top traders? They also don’t dare to leave their fate to volatility. You don’t even have my accuracy in judging the market, so why do you think you can handle leverage?
Short-term windfalls are traps; slow compound interest is the way for ordinary people. Rolling 10 million slowly to 11 million, then to 20 million, may seem slow but is steady. In this marathon of investing, those who rush to the front often don’t reach the finish line; those who can smile and walk to the end are the real winners. $BTC $ETH $BNB
My accuracy in analyzing the market isn't low, and there are always people around me asking, "You are so accurate, why don't you use high leverage to make a fortune in one go?"
Actually, the answer is simple: I don’t want to gamble away my chance of ‘standing until the end.’ High leverage is like a knife hanging around your neck; you think you're holding the handle, but the blade is always pointed at you. A 10% fluctuation is just a minor ripple in a regular account, but in high leverage, it is the abyss of losing everything.
Buffett once said, investing is not about who makes money the fastest, but about who lasts the longest. I deeply agree. Even if I have 10 million now, and I use high leverage to gamble it into 100 million, so what? I still prefer to take a walk in the park every day, I still love eating homemade dishes that cost a few dozen dollars, and I still habitually wear clothes that cost a few hundred—none of this money has made my life any better. But if this 10 million turns to zero because of leverage, that would be catastrophic. I don't have the confidence to say I can make a comeback; one time hitting zero is enough to destroy everything.
Newcomers always think they can get rich overnight using leverage, believing they can avoid all the risks. But have you ever thought: Are you as smart as Buffett? Even he doesn’t touch high leverage. Do you have the discipline of those top traders? They also don’t dare to leave their fate to volatility. You don’t even have my accuracy in judging the market, so why do you think you can handle leverage?
Short-term windfalls are traps; slow compound interest is the way for ordinary people. Rolling 10 million slowly to 11 million, then to 20 million, may seem slow but is steady. In this marathon of investing, those who rush to the front often don’t reach the finish line; those who can smile and walk to the end are the real winners. $BTC $ETH $BNB