I believe that almost everyone in the cryptocurrency market has made money at least once as long as they have experienced at least one cycle—whether you are trading meme coins, hoarding coins, or engaging in contracts, almost everyone has made money; I have never seen anyone who hasn't.

But those who ultimately make big money in the cryptocurrency market are few and far between. Why? Many people think they just didn't choose the right time to "sell," but I will tell you that you will never choose well, even if you seem to have made the right choices a few times and successfully flipped it, it doesn't matter.

The reasoning is simple, because the cryptocurrency market is your only arena. There is a saying that "Once you enter the cryptocurrency world, it's as deep as the ocean," and another that says, "Those who have made money in the cryptocurrency market can no longer look down on other industries." Why? Because during the bull market in cryptocurrency, money comes in too quickly, and thus there is no longer any patience to slowly make money elsewhere.

Many people's assets initially had many configurations, but slowly, they all moved to the cryptocurrency circle—these assets were almost all moved over during the bull market of the cryptocurrency circle because they were soaring every day. Every evening, they would find that they had earned much less money, and so they gradually moved everything over.

After moving it over, it can no longer be moved out because there are no other fluctuations worth looking at. But there is an unhealthy aspect to this: there are many hotspots in the cryptocurrency circle, and many temptations. If your "scene" is only left with the cryptocurrency circle, then the direction of your funds will be very singular—maintaining a long-term empty position in the cryptocurrency circle is almost impossible; there will always be some wealth effect that draws you in, and slowly you will be fully invested again.

So even if you sell out in time for some tokens and take the profit, what does it matter? You will soon rush into other targets and be fully invested again. This is the problem: it is not that you didn’t choose the right time to sell, but that you "fundamentally cannot sell in the true sense."

This is human nature, and I cannot avoid it. I mentioned before that I was also trapped in $trump with a lot of RMB; the operation time was synchronized in the upgrade and monster-fighting planet, so my cost is not necessarily lower than yours.

But my advantage may be that I can recognize myself and human nature better than many people, so I will put shackles on myself, but they won't—many of my asset configurations cannot be withdrawn in a short time. So, no matter how good the opportunity is, I cannot be too eager and cannot move assets from other places to all in—whether the money used for playing is lost or earned, that is all game coins. If game coins earn, I will allocate a bit to assets; if lost, I will summarize the experience and continue to play—what I need to ensure is that the number of things that can truly be defined as "assets" is constantly increasing.

This point, players who hold a large proportion of game coins should particularly take note of. They exchange a little bit for "assets" each time, rather than trying to rely on game coins for financial freedom—if you have this kind of mindset, even if you strike it lucky once, you will eventually die in other game coins. Many people have also asked me what to do if all the assets are locked up and you need to use money.

Go earn, using the interest from other assets is enough to cope, and there is no need to turn a large amount of assets into a "liquid state"—having a large amount of assets in a "high liquidity" state seems to increase flexibility, but in reality, it is a very bad habit.

You must keep yourself in a state of "thirst," that is, always lacking money, so that you will have the motivation to keep making money while ensuring that you invest limited amounts in anything, no matter how optimistic you are about it—just memorizing this phrase is useless. As time goes by, you will definitely encounter the male or female god you really want to pursue. As long as the conditions are right, you will go after them, but you know that this matter is actually of little significance. In the long run, it is not worth spending too much cost because your thoughts may change after a while, and you will quickly encounter the next one.

Therefore, you should avoid putting yourself in a "condition satisfied" state, rather than just telling yourself "this is meaningless"—people do not always act rationally. But be aware that always being in a state of lacking money does not mean you really lack money. It’s not that you have to completely play through your money to be in a state of thirst; it's simply enough to lock the liquidity—your assets are plentiful, but the proportion that can be used at any moment is small, and that’s fine.

For example, some people have locked in BTC, some have bought insurance that requires money to be put in regularly, some need to pay a mortgage regularly, and some have bought funds that cannot be redeemed for several years, etc.

What should be locked in for the long term? What is worth locking in for the long term? What has the highest long-term compound return rate?

You need to keep learning and make your own judgments; everyone's answers may be different. But the strategy of "locking in most of the liquidity" is something you can refer to. It can not only prevent you from losing your money due to overconfidence but also keep your asset allocation in a healthy state—not because you want to be healthy, but because you can only be "forced to be healthy"; it’s not that you don’t want to eat junk food, but your stomach is only so big. Follow me! Updates every day!