ETH long position entered at 3185, exited at 3230 for a profit of 1.4%!
ASTER long position entered at 0.7562, exited at 0.7761 for a profit of 2.6%
Entry points are clear, exit points are defined, refuse ambiguity, refuse to average down, refuse to increase positions against the trend, enjoy the safety of securing profits.
Monopoly, a company with sustained competitive advantages and a moat, focuses on projects it is good at and familiar with, concentrates on investment choices, and does not blindly expand its investment portfolio #国际油价下跌
1 million principal, annualized 60%, compound interest for 5 years, the result is 10.48 million.
What is truly terrifying is not the occasional huge profit, but the stable compound interest. Many people double their money in a year, but few do it in five years. Because most people pursue "quick" gains, repeatedly returning to zero amidst volatility; while a few understand how to control drawdowns, let profits run, and exchange time for space. Slow is the patience of strategy; fast is the inevitability of compound interest. When your system is stable enough, time will be on your side. Instead of betting on a single explosive rise, it's better to build a model that can continuously snowball. Stability is the true speed.
What quantification requires is stability and probability; relying on emotions is definitely unreliable. The future is already the era of AI; only by keeping up can you have a future; otherwise, you will fall behind #美国PPI数据高于预期 #CZ币安广场AMA #贵金属巨震
People who lose money are those who keep buying at the bottom; people who lose a lot are those who keep buying at the bottom without cutting losses; people who go bankrupt are those who keep buying at the bottom, increasing positions, and averaging down without cutting losses #BTC☀️
Currently, it belongs to four overlapping downward cycles: the economy, real estate, de-globalization, and population, as well as a large downward cycle of debt. Ordinary people are slowly feeling that making money is becoming increasingly difficult. In 2019, someone said it was the worst year in the past decade, but it may very well be the best year in the next decade. Now we must admit that the current environment is indeed in a large cycle, just like the market; once it declines, do you think it can be stopped? The country's plans can only have short-term effects in front of the market, and no one can reverse the laws of nature. If hard work could lead to making money, then the donkeys in production teams should be the most profitable, but obviously, that is not the case. In the future, all industries will increasingly test our understanding #BTC☀️ .