Today is the 302nd day I have been posting dynamically, without a single day missed. Every post is not done half-heartedly, but is carefully prepared. [流泪] If you think I am a serious person, you can follow me, and I hope the content every day can help you. The world is big, and I am small, so please follow me to avoid difficulty in finding. [微笑][微笑]

Today, let's talk about the cruel truth in investment, this is actually a trap of human nature, many people want to double quickly as soon as they enter the market, especially friends with little principal, thinking about how 300,000 can quickly become 1 million, but this just falls into a paradox. Because of the lack of money, if you want to chase fast, the faster the result, the faster you die, the less money becomes, from 300,000 to 100,000, and you want to compound back to 300,000, the power you need is getting bigger and bigger, and the success rate is getting lower and lower [微笑]. The first priority of trading is to control risk. Capital preservation is the key, and the premise of mutual benefit and effectiveness is not to lose a lot of money, and only by keeping the principal can we go further. In the financial market, everyone has the possibility of doubling their assets, but often when you finally know how to make money, you have no money in your pocket, and you can pay the market tuition. It is paradoxical that people want to double their money quickly when they are short of money. The correct way is to learn to keep the principal first, such as holding 300,000 first, using it to earn 100,000, step by step, persist for 10 years, you will find that the account base may be more than 1 million, and the faster the growth in the future. People with a large principal are generally risk-aware and know the impact of a large drawdown. And the smaller the principal, the easier it is for people to be anxious and lose more and more. Therefore, whether it is investment or life, the first step to doing things right is to control risks, have no risk awareness, and live in any market.

The financial market is a playground for the wealthy, manipulating the less affluent. I once had a friend who knew nothing about trading cryptocurrencies, and I advised her not to get involved, but she insisted on trading. I said that people are not educated; they learn through lessons. What’s the use of advice? The best teacher in this world is hitting a wall. Just look at the current cryptocurrency market; is the sky not dark? The sky is utterly dark. Why is the sky dark? Because the bulls are blowing up there, blocking out the sun. But why are the bulls up there? Because someone is blowing underground! But after all, they are bulls; how can they remain in the sky forever? They will eventually have to return to the ground, and when they return to the ground, that will be a disaster.