Wishing everyone eternal life

A friend sent a message, and the recent successes and failures of a few transactions resonate with me, so I share it with everyone:

We often misjudge risks in two scenarios:

1. Betting too heavily on low-confidence matters (over-risking);

Timely abandonment is a necessary skill to prevent "tail risks" in life from expanding.

The so-called "cutting losses" is not just a financial term; it is a hard truth in life.

2. Betting too lightly on high-confidence matters (missing opportunities).

But when the signal is clear enough, one must dare to decisively go all-in because: the distribution of life returns follows a power law;

It is the very few bets that truly change one’s fate.

Suggestions
1. Most people over-bet on marginal hands in life (relationships, jobs, projects that seem "okay");

2. True winners dare to wait, dare to be bored, dare to stay out of the market until Pocket Aces appear;

3. Avoid letting mediocre choices hijack your attention; otherwise, when good hands come, you won't see them;

4. Being brave enough to exit and being brave enough to go all-in are different dimensions of courage. #加密市场观察