Admit your mistake and stand at attention when you are beaten.

This is what I started doing recently: investing in bitcoin.

I listened to the teacher's "New Life-Seven Years is a Life" again in the Himalayas this week (twice the speed, about 4 hours).

I smiled knowingly. I knew I was not alone.

I have repeatedly listened to the reminders of people in the currency circle for a long time, but I just won't listen.

On a business trip in March, I bought three bitcoins on impulse and forgot when I was busy at work. By the beginning of June, it will be doubled directly. I was shocked and attracted. I began to study and invest, time, money and feelings.

I was lucky to follow the right person from the beginning. Learn blockchain knowledge from teacher Li Xiaolai and invest in blockchain from old cat.

But I am stubborn and overconfident.

From beginning to end, Li Xiaolai and Lao Mao have been emphasizing that Bitcoin is very important, Bitcoin is very important, Bitcoin is very important, you must buy Bitcoin, you must buy Bitcoin, you must buy Bitcoin, you must allocate it in a large proportion, and you must allocate it in a large proportion, with a low 50%.

I just don't listen, I just don't listen, I just don't listen. I have always thought that Bitcoin is too expensive, and it is more difficult to double it compared with other coins.

I believe that I can get higher returns through my own efforts and hard research, so I have been tossing and turning.

From June to September, for four months, I kept tossing and turning, and often studied until morning 1. The end result is: I made a lot of money in the middle, and then I retired. In the end, I only made more money than stocks. Compared with monetary investment, I can only call it a failure.

The dream of getting rich has not been realized, and it is inevitable to be lost and depressed. But I have no regrets.

If I only consider one dimension of investment income, I will fail. But it took me four months to gain investment experience that I couldn't learn in four years. Why?

Because "one day in a coin circle, one year on earth"!

First of all, blockchain is an emerging industry with obvious money-making effect, and new technologies and assets emerge one after another. Secondly, money market trading is 7*24= 168 hours, all year round, and stock market trading is 5*4=20 hours, with holidays. Thirdly, there is no limit to the daily limit and the daily limit of the currency circle. It is common to double and chop hands every day. There is also the most important uncertainty factor: the uncertainty of national policies for new things, and then the currency circle earthquake caused by supervision.

"One day in the coin circle, one year on the earth" is a joke, but it vividly expresses the characteristics of high time density in the coin circle.

During this period, I opened the official account of WeChat, and read countless articles and books through in-depth study and deep reflection on writing. Go to Shanghai to study; Experienced two bulls and bears, a calf and a big earthquake. Countless times of thinking in the middle of the night, countless times of burning the midnight oil, countless times of ecstasy, countless times of depression, I never stopped running.

After a small bull market in June, a small bear market in July, a big bull market in August and an earthquake in September, the world suddenly became quiet. At first, I was not used to it. Originally, my wealth increased greatly, and my life was full and beautiful. Suddenly, my wealth plummeted. Needless to say, the field I study every day has become an industry with uncertain future and even legal existence.

After the severe pain, I began to reflect on my whole process, my overconfidence, my investment philosophy, the cultivation of investors and the most basic principles of investment. I entered from the beginning, and then continued to heat up and operate frequently, and now it is very calm.

It's time to slow down. Slow is fast.

I realized that I was running too fast and didn't brake at all. It was the country that helped me brake.

I once again reflect on my understanding of bitcoin.

At the beginning, 3000 bitcoins were bought on impulse, which was too expensive. How much is a currency?

As a result, it rose to 6000 three months later, and it was actually a coin and an IPHONE. Damn, it's too expensive. It's hard to double it. By buying other coins and selling them decisively, it is easier to double them.

1 month later, it rose to 10000+. Shit, it's in five digits. It's even harder to double it, or it's easier to double it by buying other coins.

1 month later rose to 20000+. Shit, it's getting harder and harder to double it again. It's easier to double it by buying other coins.

Two months later, there was a big earthquake in the currency circle. Most of the other coins have been halved, and some have been chopped directly. Bitcoin rose against the market, reaching 40,000, doubling again.

If I listened to the teacher's laughter and the old cat's advice, the bitcoin I bought in March would not move and I would do nothing. I have been lying in bed pretending to be forced until now, and the income is about 13 times, that is, half a year 1300%, annualized 2600%! ! !

So, I recently started doing something I should have done six months ago: investing in Bitcoin.

In the "Get" column "Relationship Raiders", Master Xiong quoted the gangster's lines: Admit your mistake and stand at attention when you are beaten.

Admit your mistake and stand at attention when you are beaten. Well, that's right.