Where is the next "Bitcoin" chance to get rich?

This is a question from a previous reader of Zhihu.

It's a cliché, but one that always gets the blood pumping. "Man dies for wealth, bird dies for food", the pursuit of wealth seems to be an innate nature of human beings.

And when the myths of creating wealth appear around us from time to time, especially when an opportunity does not create individuals, but creates batches of myths, it is even more coveted.

This is the case with Bitcoin.

From being penniless when it came out in 2009, to barely anyone willing to buy 1,500 bitcoins with 1 dollar, and then to 2017 when a bitcoin rose to 20,000 US dollars. In just 8 years, Bitcoin has conservatively estimated to have increased by 30 million times.

This increase in wealth kills all stocks, real estate, gambling, arms, drugs... all legal and illegal transactions that can be imagined in human history.

There is no one before, and I am afraid that there will be no one after. So now, as long as someone mentions getting rich, they can't do without mentioning Bitcoin.

Let's take the most familiar example around us,The opportunity that each of us Chinese has personally experienced in recent years is undoubtedly real estate, and going forward is going into business, and going forward is reform and opening up.These opportunities all happened in our era, and each opportunity also created a group of typical rich people of the era.

However, there are indeed few historical opportunities like Bitcoin, but such opportunities are not seen by most people.

Bitcoin is a branch of information technology. It first appeared in forums related to cryptography, and cryptography is an interdisciplinary subject between computers and mathematics. Such a small and specialized field is impossible for most people to come into contact with in their daily life information channels.

Therefore, it is doomed that Bitcoin can only be accessed by a very small number of people in the early days of its birth or even for a long time.

So now we are looking forward to finding the next opportunity like Bitcoin, how should we look at it? It is impossible for us to see whether there is such a new opportunity in every line, and even if we do see the next opportunity, if we do not have the ability to understand the opportunity, how can we grasp it?

Therefore, the hurdle of information channels has caused the vast majority of people to be insulated from historical opportunities.

If we are very lucky, we really see the next historic opportunity. How would we react?

First of all, let's look back at history. What is the mental journey of those who have seized the opportunity? The experience of Li Xiaolai, a senior in the currency circle, is very legendary and very enlightening.

In 2011, Li Xiaolai saw news about Bitcoin on Twitter for the first time. At the time, Bitcoin was already trading above $1.

He was shocked, "What is more expensive than dollars." He started to read Bitcoin and didn't understand it the first time, but he didn't give up but read it repeatedly, and he didn't understand it until 6 months later. In this half-understood process, he started buying Bitcoin.

While he was buying, Bitcoin was rising. Not only did he not sell, but he continued to buy. In the end, he bought 2,100 for a total of almost 13,100 US dollars, with an average price of 6 US dollars each.

In the subsequent process of starting mining, he experienced mining failures and a sharp drop in currency prices during this process. And the sharp drop in the currency price was the most cruel to him-in 2013 and 2014, when the currency price fell to the bottom in the bear market, he was also suffering.

He has experienced several failures, and he did not give up Bitcoin when the currency price fell to the bottom and his property might be wiped out.

In this process, he encountered Bitcoin in 2011, but he didn't understand it when he first came into contact with it. At that time, the price of Bitcoin was not expensive, only $1, but it was not cheap either. After all, it was an invisible thing, similar to air in the eyes of many people.

For such an invisible, intangible, and incomprehensible thing, he did not choose to turn a blind eye, but persevered in researching it. In the process of his research, he continued to invest in buying such an invisible and intangible thing.

While he was buying, the price of Bitcoin was still rising, from $1 when he bought it to an average price of $6. But he has been saving it in his hands without selling it.

80% of the people in any trading market are afraid that if they buy today, they will sell it if it rises tomorrow, and if they don’t sell it tomorrow, they will sell it when it rises the day after tomorrow. It is quite rare for a trader who can keep holding it in his hand to ignore the temptation of rising and not sell.

In fact, he was not the only one who saw the opportunity of Bitcoin at the same time as Li Xiaolai, and there were very few people who really grasped this opportunity. The fundamental reason is not whether there is an opportunity, nor whether the opportunity is seen or not, but the opportunity is in front of you and you can't grasp it.

Why is it impossible for the vast majority of people to grasp such a historic opportunity even if they see it? Because of a series of interfering factors such as human greed, shallow cognition, and the temptation of interests, most people were thrown out of the car halfway.