Investing in the currency circle is like knowing people and things!
A few days ago, my former e-commerce partner called me and said that he lent money to a friend of a friend. They were just casual acquaintances. They borrowed money from each other and then disappeared. This little friend did Pinduoduo and Alibaba wholesale, earning 3-5 yuan per order. The hard-earned money he accumulated slowly ended up being cut off so much. This money Basically gone, he was determined to sue him.
I asked him why he could lend so much money to a casual acquaintance. He said that he had a good routine. He said that children had to pay for a fight, that relatives were hospitalized, that there was an accident at home with his girlfriend, and then the following. When a friend asked about it, he found out that he had cut all his relatives and friends in various ways.
Why I use the word "cut" is because what I write about today is investment in the currency circle, not purely about the friendship and moral issues between people.
When you encounter this kind of target and person, you should immediately cut them off decisively and admit your losses and get out. I think that friend of that friend was cheated by him and played with him again. As a result, this person cheated others again. This is why he is unwilling to break up. As a result, just imagine that you took a junk bid and never sold it. If you still cover the position, wouldn't it be equivalent to borrowing money again? What do you think? You may say that this is a market wash that will lead to skyrocketing prices, but a market wash also has a cycle. Just like this person, you may think that he will repay you one day when he turns around. Washing the market is like cheating. If you cheat once for the sake of life, forget it and keep cheating. There is just something wrong. Just like some projects are always said to be good, but the results are always falling. Why do you think it is? The good news is heard, and the fact that it doesn’t rise is the result. So which one is true and which one is false? This is poor cognition. If you put down a good project, it will basically make you money. If you put in a bad project, you will lose money despite all your efforts. A good friend will make you feel like a spring breeze when you get close to him, and his generosity will give you value. Yes, it’s impossible to trick you. All human outcomes are determined by cognition, and a good start is half the battle. It got off to a bad start, and I'd rather start over. It’s too expensive to fight to the end and start over in the middle.
Most people lose a lot of money because of extreme circumstances. An underlying price rises so hard that you can't help but chase it, and then you lose money. You will definitely not sell, and then it will fall hard. Maybe you will continue to cover your position, and the fall will make you desperate. In the end, you will cut off, and you will completely lose money.Contract liquidation is also an unpredictable extreme situation. You think you can control the market. Either buy early or sell early. If you hesitate, you will get nothing in the end.
Investment is like life. Life is like this. Only when you encounter extreme situations can you change your destiny or fall to the bottom.
Making big money also depends on extreme situations. The ups and downs in ordinary life have almost no impact on your destiny. Therefore, if you want to change your destiny, you must decisively face extreme situations. Buying Bitcoin is such a case. The essence is to accumulate the power of extreme events. It is also what we often call a positive black swan. You keep hoarding, and one day you will trigger a positive black swan, but this kind of black day may come once every 4-10 years.
Getting rich must be sudden
In the current market, every callback is an opportunity to buy the bottom. Now it is a bull market. The entry position is not important. What matters is whether you are on the bus! Don't get thrown off the bus in the bull market!
Finally, I wish you all a happy holiday!
I'll write this first. Come on, I'm Bisheng's cousin, an old leeks who sincerely wish you a fortune in the currency circle!
If you want to dig deeper into the cryptocurrency circle, but can't find the direction and want to get started, you can read my profile on my homepage and follow me. Also, don't ask me which coin to buy right away? I really don't know which coin makes money. In addition, I don't sell courses. I hope that every encounter will start with friendship!
