Jack Ma said that spending money is much harder than making money. Why does Jack Ma think spending money is harder? What are the ways to spend money? The most enjoyable thing in life is to spend money like water. Spending money is too easy. Do we still need to learn it? One day you will find that making money is actually quite easy, but spending money is very difficult, especially in our cryptocurrency circle.

We don't know the true face of Mount Lu. We are often very clear as bystanders, but the people in power are very confused. We have been living in a certain environment in the cryptocurrency circle for a long time. We rarely step out of ourselves and look back at ourselves, so we often don't understand ourselves. But we all know that we must know ourselves and the enemy in order to be invincible.

Many people in the cryptocurrency circle believe that they are just “leeks”. In fact, Sanliang thinks that you are just trapped by the market once or twice, and your confidence is hit. Whenever you buy, the price drops, and when you sell, the price rises. You always think that you bought wrong. Because of this, you are confused. Why do Sanliang or some qualified “leeks” in the cryptocurrency circle not care when they are trapped? This is because bystanders see clearly.

This is why it is so easy to make money in the cryptocurrency world. I don’t know if anyone will believe me when I say this, but from the bear market in 2018 to now, I have not suffered any losses in almost every battle, big or small, except for a few small battles, where I stopped losses at around 5%. Stopping losses does not mean that I lost money, because I have not yet quit the cryptocurrency world, and have not quit this gambling game, so sometimes it is normal to stop losses. After September 4, 2017, I made money with my eyes closed. I won’t talk about the times before that.

I have seen the price go up as soon as I bought it many times, and the coins have doubled many times. The most recent time for TRX was nearly 2 times, but I have also been trapped many times, and I have almost been untrammeled 100%. I have said before that I buy coins based on trends, but trends can easily be knocked down by sudden waterfalls, which no one can avoid 100% in the currency circle. The problem is, if you are trapped, how will you deal with it?

I have a trump card, which is also a ace. As long as the price you enter the market at is not the historical high of Bitcoin, you will not lose money as long as you hold on to it. You must understand this law. Therefore, it is very easy to make money in the currency circle.

Secondly, look at the changes in the weekly and monthly lines. If the general trend is upward, why should you care about being trapped in the short term? You are a human being, not a god. You don’t have the ability to rise as soon as you buy. You must experience these painful hardships down to earth. So when you are trapped, as long as the trend does not change, you can continue to hold the currency.

Then should I cover my position? When should I stop loss?

If it were me, if I anticipated a big waterfall, I would stop loss without hesitation, no matter how much I was trapped before, I would cut my losses. But if I anticipated a small waterfall, or a negative decline, I would choose to cover my position at a certain time. Even Buffett has to cover his position frequently, and it is impossible for the price to rise as soon as he buys.

It should be noted that when you find an upward trend in the market, the market will mercilessly give you a waterfall. Similarly, when you find a downward trend in the market, the market will directly give you a small bull market pull-up. Therefore, when you encounter a pullback, don’t rush to stop loss. The correct approach is to choose to cover your position.

As for buying, that is, spending money in the cryptocurrency circle, this is the most difficult. If the leeks can master how to spend money in the cryptocurrency circle, then you will become the second Buffett. In several consecutive small waterfall confrontations, you will find that the price of your favorite currency is lower each time, but we do not have a pair of instruments that can see the bottom in the cryptocurrency circle. We will never know how deep this pit is. If you buy in carelessly, you will buy at the bottom halfway up the mountain.

What should we do? You need to ask yourself, how much money you want to make, how much tolerance you will pay, you need to endure the discomfort brought by the waterfall, and also be humble to the experience brought by the market. It is not wrong to follow the trend, because in the currency circle, there seems to be no second sentence except that it is reasonable not to chase the rise and sell the fall, but this reasonable sentence does not give us a formula to operate.

Therefore, we must learn to follow the trend, so that we will have no regrets. Sanliang always follows the trend in the currency circle. Of course, the trend in the financial circle can easily be reversed, which is inevitable.

Things change over time, and everything is changing. Everything is subject to change, so we the leeks are very fickle. When our profits are deprived by the dealer, our selfishness emerges. We never think about our own mistakes, but keep criticizing this and that. We cannot tolerate others taking any advantage of us, and we always think that as soon as we buy in, the price will definitely go up.

In fact, they are doing you a favor by trapping you once. Think about it, in the future of the cryptocurrency circle, do you want to go further? Or get closer? Of course, you want to go further, but the more you walk, how can you not get trapped? Is it impossible? The key is how you deal with this trap. You must always be accustomed to being trapped, so that you can get rid of it in the future of the cryptocurrency circle.

You must believe one thing, BTC is Emperor Qianlong, and you are Princess Huanzhu. No matter how serious your mistakes are, unless you commit suicide, Emperor Qianlong will not chop off your heads, but will just put you in prison. As for how to write this script, the key lies in your teacher in the currency circle. In most cases, he is the screenwriter who writes your path in the currency circle, not you.

Everything is changing. What do you rely on? Rely on the principle of change. Don't you have anything else to rely on? What do you rely on? I ask you, you must have a basis and a principle to live. What do you rely on? Rely on the principle of the change of heaven and earth. But the principle is changeable. The principle is relative and rarely absolute.

Everything in the cryptocurrency world is just yin and yang, yin and yang. There is nothing wrong with it, and you can’t find what is right. I think in the cryptocurrency world you don’t need to understand what the cause is, you just need to know where the result is.

The cause is buying, the cause of the beginning. Why do you buy and where do you buy? This is a skill. If you want to control the cause every time in a year within a very small range, it is impossible, just like a truck driver. How skilled is a driver? Can you control your clutch well for your whole life?

I love to drive manual cars. I almost race on the track. My car is automatic, but I have to change a few manual second-hand cars at least once a year. So I understand this principle. Every coin is like every car. Its displacement, clutch, performance, etc. are different. How can you control every car well? Even if you have good skills, every road condition is different.

What about the result? It's very simple. No matter how many times I die, I can definitely drive this car home. Similarly, when you invest in the cryptocurrency circle, you only need to consider one question when you buy it: will this coin return to zero? When you choose a certain price to buy, you also only need to consider one question: if this coin is trapped at half, do I have a chance to recover the loss?

As long as you think about these two questions, how can you lose money? In fact, the answers to these two questions are also very simple. The probability of small coins returning to zero is very high, and the mainstream coins will be untied sooner or later. Therefore, it is easy to make money in the currency circle, but it is very difficult to spend money.

I am Qiang Ge talking about trends. If you are interested, welcome to communicate with us.