In the cryptocurrency world, some fantasize about doubling their money in three days and making a turnaround in seven days. I laughed at how you haven't even grasped the accumulation, yet you want to ascend. Buffett said to gradually become wealthy; this is the foundational logic.
We don't chase high profits; we pursue certainty, relying on stop-loss statistics and systems. The more you want to rush, the faster you will fail; the more you can endure, the further you will go.
In these past few years, I've relied on four questions to get to where I am now:
From the perspective of benefits, is it worth doing?
From the perspective of risks, can I bear it?
From the perspective of abilities, can I do it?
From the perspective of results, is it cost-effective? These four questions filter out all impulses. Retail investors who lose money are not stupid; they are lazy. Once you understand these four questions, you will be free.
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