Beyond the chart, let me talk about something I’ve been thinking about for a long time.
In *Margin of Safety*, there’s a principle:
Kalaman says that risk is not volatility—it’s the possibility of permanent loss. In crypto, “daily 30% fluctuations” isn’t risk. Only going to zero is. When you can distinguish between the two, short-term volatility won’t scare you into cutting at the bottom.
Take today’s $ZEC as an example: currently it’s 836.84, up +4.70% over 24 hours. This kind of market action perfectly proves the point above. It’s not coincidence—it's human nature repeating itself in the order book.
The market won’t hold back just because you understand the reasoning.
Make a note of it, and look back later for comparison.
#ZEC #投资哲学 #交易心态 #币圈
In *Margin of Safety*, there’s a principle:
Kalaman says that risk is not volatility—it’s the possibility of permanent loss. In crypto, “daily 30% fluctuations” isn’t risk. Only going to zero is. When you can distinguish between the two, short-term volatility won’t scare you into cutting at the bottom.
Take today’s $ZEC as an example: currently it’s 836.84, up +4.70% over 24 hours. This kind of market action perfectly proves the point above. It’s not coincidence—it's human nature repeating itself in the order book.
The market won’t hold back just because you understand the reasoning.
Make a note of it, and look back later for comparison.
#ZEC #投资哲学 #交易心态 #币圈