Someone asked me: “Dai Wei, how have you survived in the crypto world until now?” $BTC
I only replied, "I only earn money within my understanding."
It sounds like empty talk, but those who can do it are rare. $ETH
He was stunned and asked me how to determine if the money is within my understanding.
I directly gave him three criteria, and after listening, you'll understand:
Why some people lose track and confused, while others can earn steadily and feel justified.
First, do you dare to invest heavily?
It’s not about actually investing heavily, but about whether you have confidence in your heart. When the opportunity comes, are you excited or anxious? Excited means you understand; anxious means you are gambling. The part that is gambling is not your understanding.
Second, do you panic when it drops?
For opportunities within your understanding, you dare to buy more when it drops because you know how much it's worth. Those who chase in based on news panic when it drops, and when they panic, they cut losses. The difference lies not in the market, but whether you have a bottom line in your heart.
Third, can you explain it clearly?
In three sentences, explain "why it rises" clearly. If you can’t explain it, you are just following the trend. The money earned from following the trend will eventually be returned.
After he listened, he said: Then the money that can be earned is too little.
I said: It is little, but what you earn can be held onto.
Many people lose money not because there are few opportunities, but because they want too much. Seeing others earn makes them envious, and they jump in to take over. After a round of a bull market, chasing hotspots and sectors, when looking back at the account—there’s not much left.
The fairest part of the market is that: you can only earn from what you understand. What you don’t understand, earned by luck, will also be lost by skill. #币圈暴富
Newbies are afraid of pitfalls, and veterans are also confused.
Follow Dai Wei, who focuses on not making you anxious. Don’t be fodder, and I’ll accompany you to gradually become stronger. #币圈生存法则