Three Stories of Currency Circle Wisdom

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The chosen son who became rich overnight, three stories about the currency circle:

The highest level of human wisdom may sound profound, but to put it bluntly, it is how to put things in order. This understanding does not happen overnight, it must be accumulated through experience and lessons. Speaking of which, I have to tell you about things in the currency circle.

Let’s talk about “Brother 480,000” first. This guy used the 480,000 yuan he spent to buy a house to buy 100 Bitcoins, thinking he could make a lot of money from it. But who would have known that in those few years the policy was not good and the currency price was like a roller coaster, suddenly falling to only 90,000. All of a sudden, people in the forum started laughing at him, and his family didn't understand. There were quarrels between his mother-in-law and his wife's threats of divorce, and everything. In the end, this guy couldn't bear it anymore, so he sold his Bitcoin and bought a house. As a result, he missed the subsequent bull market and left the market with a loss of 180,000. Are you saying this is contrary to human nature? People always want to make a lot of money, but sometimes, they are greedy and end up getting nothing.

Let’s talk about “Running North Latitude”. This guy entered the market when the price of Bitcoin dropped from 8,000 to over 4,000. He spent all his pocket money to buy Bitcoin, and there was nothing in his wallet except cigarette money and gas money. He even thought about quitting smoking so that he could buy more Bitcoins. As a result, he relied on this "pocket money buying method" to accumulate more than 300 Bitcoins at the end of 2015. Are you saying this is also contrary to human nature? People always want to save money, but sometimes, in order to make money, you have to give up anything.

Finally, let’s talk about the story of “100,000 becomes 1.5 million in half a year”. This guy also played short-term in the beginning, getting up at two or three in the morning to check the market. As a result, not only did his quality of life decline, but his mood also became very bad. Later, he simply stopped reading, spent 100,000 spare money to buy Ethereum, and then went about his work. As a result, a few months later, he logged into the exchange and saw that 100,000 had turned into more than 1.5 million! This incident also illustrates a truth: sometimes, don’t care too much about the immediate gains and losses. Only by taking a long-term view can you see the bigger world.

Therefore, I think this "the highest level of human wisdom" is actually knowing when to be greedy, when to be willing, and when to let go.These practices that seem to be contrary to human nature are actually the methods that really allow us to make money in investment. Of course, there are risks in investing. You need to be cautious when entering the market. Don't rush in all the time. You must have your own judgment and strategy. In short, we must learn to use this "top human wisdom" to look at problems, so that we can go further and more steadily on the road of investment.

The above story comes from someone else!

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