1. What is the proportion of Bitcoin and Ethereum?

The combined funds I have invested in Bitcoin and Ethereum have always accounted for more than 50% of my total funds scheduled to be invested. The same is true this time. I will still use at least half or even 60% of the funds to invest in Bitcoin and Ethereum.

Among Bitcoin and Ethereum, I will invest more in Ethereum this time. The reason I have repeatedly said is that I believe Ethereum will perform better in the next bull market.

Fixed investment in Bitcoin and Ethereum accounts for more than 50% of the funds, which acts as a ballast and allows me to invest more freely and boldly without worrying too much about risks when investing in other projects. According to past results, often in a bull market, the benefits brought by "altcoins" will be much greater than those of Bitcoin and Ethereum, so there is sufficient room for growth in such operating returns.

2. What is the biggest psychological difficulty for retail investors in a bear market?

The biggest difficulty for retail investors in a bear market is to persist in taming their inner fear of market decline, despair of market downturns, and tiredness of fixed investments day after day, and to continue to reject various so-called "rich opportunities" that appear from time to time in the market. .

Since it is a bear market, it is basically a process of constantly bottoming out, grinding out the bottom, and hovering in a depressed range for a long time, but investors have to grit their teeth and face this process head-on. The longer this process takes, the harder it will be for ordinary investors to endure this suffering. Over time, feelings of fear, fatigue and boredom will arise in the mind.

At the same time, there will be various speculative trends in the market that look glamorous but are actually short-lived. These speculative prices will continue to interfere with investors' emotions, operations and concentration.

Some people will definitely say that we can make a fortune by seizing these speculative prices and play on the band. But as far as my observation is concerned, there are only a handful of players who can really grasp this kind of speculative market and escape unscathed. Not only is it difficult for most of them to make money in this kind of speculative market, but it is also easy to fall into this kind of speculative market and never return to the path of fixed investment.

This is like walking in a dark passage that never sees the light of day. At first, everyone was confident that there was light at the end of this dark passage. But after walking 10 kilometers, some people couldn't bear the depression of not seeing the sun all day long and gave up. After walking another 10 kilometers, some people gave up...

At the same time, when everyone is walking in this dark passage, they will find that a dazzling light suddenly appears in a corner. Some people will think that this is the "light" they have been looking for, and finally burst out the emotions that have been suppressed in their hearts for a long time and run towards that "light" with all their strength, but in the end they find that it is just a fantasy, and they are chasing that "light" In the process, my head was bruised and bleeding, and I was unable to continue moving forward.

Finally, when only a handful of people are left and finally reach the end and finally see the light, look around you and see that there are very few companions left.

Overcoming the interference of these emotions and external distractions is a challenge that every investor who hopes to change his investment thinking through fixed investment must face and complete. As long as you successfully challenge once, your investment ideas and methods are very likely to completely change; but if you fail to challenge, you may be stuck here for life, and waste your wealth on swings, longs and shorts, playing contracts, and playing with leverage. way.

Here I would like to talk about my views on operations such as swing, long and short, contracts, and leverage: I am not denying these practices, nor am I having objections to these practices, but I want to say something that I have said repeatedly My point of view: If they have not received at least 1,000 hours of trading training from a professional institution, and if they are not talented traders, it will be difficult for most investors to make money in this way.

This type of operation does not require much judgment on fundamentals, but more on the grasp of technical indicators and the feeling of the market. Therefore, it is not important what target to operate, but how to operate through technical indicators and market feeling is important.

So if an investor really has such trading ability, then I would not recommend him to operate in this circle. Because it is difficult to enter and exit legal currency in this circle, regulatory risks are still high. It is better to go to the traditional market to play futures, foreign exchange, and gold in a formal way. When trading in those traditional fields, you don’t have to worry about the entry and exit of legal currency or supervision, and you can operate with confidence and boldness.