which digital currency, Block

2024-12-14 09:06:07

If you don't know enough and limit yourself by the logic of practice, you may be able to do it in the short term, but it will be very painful. It is this kind of pain that you need to face every day that limits your courage to persist, and you will soon give up.For another example, the price of the company you bought has risen above the reasonable valuation, and the rising momentum is very fierce. Can you resist the impulse to continue holding and choose to sell? After the sale, the stock price continues to double at the price you sold. Can you hold back the whole process without moving, thinking or regretting? This is also very difficult to do.To sum up, just one sentence: when holding a position, don't be afraid to fall. Since you have chosen to hold a position, there are reasons for your choice. Not only don't be afraid, the more you fall, the more you want to buy it. When you are short, you are not afraid of rising, and always keep enough cash to wait for the unexpected big opportunity.


If you don't know enough and limit yourself by the logic of practice, you may be able to do it in the short term, but it will be very painful. It is this kind of pain that you need to face every day that limits your courage to persist, and you will soon give up.To sum up, just one sentence: when holding a position, don't be afraid to fall. Since you have chosen to hold a position, there are reasons for your choice. Not only don't be afraid, the more you fall, the more you want to buy it. When you are short, you are not afraid of rising, and always keep enough cash to wait for the unexpected big opportunity.If you don't know enough and limit yourself by the logic of practice, you may be able to do it in the short term, but it will be very painful. It is this kind of pain that you need to face every day that limits your courage to persist, and you will soon give up.


For another example, the price of the company you bought has risen above the reasonable valuation, and the rising momentum is very fierce. Can you resist the impulse to continue holding and choose to sell? After the sale, the stock price continues to double at the price you sold. Can you hold back the whole process without moving, thinking or regretting? This is also very difficult to do.For another example, the stock you are optimistic about has not yet reached the hitting point and the valuation is not very cheap, but you have been short-selling for a long time, the market has been rising, and people around you are making money. Can you hold back from buying it and wait until the target company is very undervalued? It is simply more difficult.

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