Lin Yuan said: “A friend of mine started stock trading with me in the 1990s. Now my assets exceed 10 billion, while he only has a few hundred thousand. Why is it that throughout my life, he participated in all the bull stocks I traded, yet made so little money?
There are mainly three reasons. Friends who want to make big money in the stock market must avoid these three situations.”
First, always participating with very little money.
We know that one of the secrets to making big money in the stock market is to heavily invest in good stocks. The most painful thing for a person is when you buy the right stock that increases 100 times, but you only bought the minimum amount, which is 100 shares, thus wasting a once-in-a-lifetime opportunity. If you participate with very little money, you will only make small profits.
Second, lacking a compound interest mindset, withdrawing money to spend after making a little profit.
Anyone can make big money through compound interest. If you invest 15,000 each year in good stocks with an annual return rate of 20%, after 40 years, you would make 1.08 billion. Lin Yuan discovered that his friend lacks a compound interest mindset; every time he made a few hundred thousand, he would sell and spend the money. Therefore, after trading for 30 years, he only ended up with a few hundred thousand in assets and couldn't make big money. Compound interest grows from reinvesting the earned money, and once withdrawn, the money available for compounding naturally decreases.
Third, being stubborn and refusing to change despite knowing one is wrong. In this world, the strong who can lead are few, while most people are followers. This friend of Lin Yuan has been trading stocks with him for 30 years, buying the same stocks as Lin Yuan, yet always withdrawing a little profit and not listening to advice. As a result, he couldn't make much money. Even knowing he wasn't skilled enough, he insisted on making decisions himself without reflection, which is a major taboo in the stock market. Most followers need to learn the comprehensive thinking of the strong, not just a little bit.
In April 2021, Lin Yuan achieved annualized rates of return of 44.45% and 24.75%, once again ranking first in both the 5-year and 10-year lists of billion-dollar private fund managers. His long-term investment returns over 32 years surpassed Buffett's returns during the same period.
To summarize: 1. The earlier you invest, the better. 2. Have a compound interest mindset, letting interest compound. 3. Avoid taking detours; stay with the best companies.
Among these, the third point is something the vast majority of people cannot achieve: Because First, they cannot choose good companies or good targets; Second, they cannot hold long-term; Third, they cannot heavily invest…
Zhao Changpeng: The lack of privacy may be a missing link in the popularization of cryptocurrency payments.
According to reports from HashChain, Binance founder Zhao Changpeng stated on X platform: "The lack of privacy may be a missing link in the popularization of cryptocurrency payments. Imagine if a company uses cryptocurrency to pay employees' salaries on the blockchain. Given the current state of cryptographic technology, you can almost see how much everyone in the company is paid (just by clicking on the sending address)."
There are definitely many strong players in Bitcoin, and they all come with missions.
Otherwise, it's a bit difficult to control even slightly larger K-line levels because liquidity is what it is.
Altcoins are different; it's easier to control the market. The chips are mostly in the hands of the project parties and market makers, with not much left for retail investors.
Moreover, there are not many altcoin projects with a good framework this round; most peak right after they go live.
Sigh, everyone complains that trading cryptocurrencies is difficult now, but it will only get harder in the future…..#比特币 #ETH
It's really too cold right now, absolute zero -273.1 degrees
币圈大太子
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Last June, the entire internet was shorting Ethereum, and the prince emphasized the main upward trend of 5000. This time, the altcoin script is playing out again. Altcoins have fallen for five years, and the market has risen for two months, but retail investors are unresponsive. However, the coin price is already at the top.
There are 50,000 coins, what else is there to play with contract leverage? 😂
梭哈-超级个体
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Review: OKEx's 'Fifty Thousand Brother' Manipulating the Market
In 2018, Binance did not have contracts yet, and the contract battlefield was only OKEX and BitMEX, with OKEX being the absolute leader in the market. At that time, the contract mechanism was not perfect: No ladder margin guarantee: large holders with tens of thousands of coins and small retail investors with a few hundred can both fully leverage 20 times No automatic position reduction (ADL): if a liquidation order is too large and no one takes it, it will hang on the order book (commonly known as 'corpse') Collective liability (loss sharing): if this 'corpse' ultimately cannot be executed, the resulting loss is shared proportionally by all profitable users on the platform This is also the core loophole for 'Fifty Thousand Brother' manipulating the market
The Brazilian Congress is up to something big again! A proposal to establish a strategic Bitcoin reserve, buying 1 million BTC within 5 years!
If this passes, Brazil will directly overtake the United States and China, becoming the country with the largest BTC holdings?! Big players are already in action, and the national team is also coming in to grab shares; is BTC about to take off? Just think about it, accumulating 1 million BTC over 5 years is equivalent to 5% of the total supply, this is no small feat, this is a true national team entering the arena! Brothers, as soon as this news came out, I gained confidence directly
Don't come here. Saving is better than coming here. This is a scam.
火箭
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Saved money for a year, finally saved 8278u, planning to buy at the bottom by the end of the year, what suggestions do the experts have on which to buy?
Nowadays, various institutions predict, media reports, and various KOLs are full of the rhetoric that "Bitcoin is dead." But throughout history, countless millionaires were precisely born at such nodes.
So, at this stage, accumulating coins has always been profitable, brother.
Every sudden drop in the crypto world appears to be about clearing leverage, but in essence, it is about destroying consensus.
Clearing leverage is merely a technical result; destroying consensus is the strategic goal.
Leverage can be reopened, but once consensus is formed, no one will sell.
When the market forms a unified expectation: this is a bull market, it can't go down here, a pullback is an opportunity to get on board, the market becomes stagnant.
If there is no panic in the chips, the main force won't have low-priced chips.
So a real crash is never about the price; it's about destroying belief.
It makes you start to doubt: Is the cycle wrong? Is the bull market gone? Is Bitcoin failing? When "believers start to doubt," only then is the foundation of the market considered shattered.
No breaking, no standing.
A sudden drop is not the end of the market, but the beginning of the next phase.
In April last year, the crypto market experienced two months of sudden drops. At that time, everyone was asking: Is the bull market gone? This time it wasn’t two months, it was a full six months of sudden drops + suppression. Last year, the whole network was bearish on Ethereum, while the prince emphasized the main upward wave. Last year, that wave outside Ethereum was all about losing money.
The last time it crashed, Bitcoin made way for Ethereum. This time, who will it be?
What happened? Immediately following was Ethereum's three-month independent market, which directly repaired four years of K-line in three months.
Altcoins.
When everyone is scared of the drop, when no one believes in the altcoin season anymore, then the altcoin season will truly begin.
Two months led to three months of independent market. Six months are replacing something much bigger.
Until: When everyone no longer believes in the independent market, the independent market will truly begin.