My investment experience: Seek wealth at the end, keep it at the root
A reporter once asked Buffett: If investing is as simple as buying and holding, why do many people fail to make money? Buffett's answer is simple: because many people are impatient.
After years of investing in A-shares, digital currency and other markets, I deeply understand the meaning of this sentence.
In fact, investment is so simple in terms of method: buy at a low level, hold it for a long time, and then sell it at a high level. But the difficulty is that too many people can't resist all kinds of temptations in this process, and they have thrown away their chips early for a small profit, and these chips have never looked back after being sold.
At this time, anxious investors either watched the market keep rising and did not dare to buy again, or set themselves at the highest point as soon as they bought, and became discouraged.
"Only by enduring loneliness can we maintain prosperity", I think this is applicable to any investment market. In my investment experience, most of the time is spent waiting: either wait for the bull market to collapse and enter the bear market, or stick to fixed investment in the bear market and wait for the bull market.
Among the various investment markets I have come into contact with, my favorite is the stock market and digital currency. These two markets have their own characteristics in terms of risk and return, and they are very complementary in my opinion.
The stock market is very suitable for obtaining relatively conservative returns with large funds. I don't have high requirements for my investment in the stock market: it doubles every 10 years. Therefore, I chose the CSI 300 Index with very low risk, and then bought it regularly in a bear market, and began to sell it regularly after the bull market index nearly doubled.
This is the "fundamental" of my investment. With this "fundamental" guarantee, I dare to invest the rest of my funds in the digital currency market with very high risks and very high returns.
In addition, as the phenomenon of "blocking cards" is becoming more and more serious, it is very inconvenient for large funds in legal currency to enter and exit the digital currency market. At this time, we need to have an investment market with convenient access to legal currency and good liquidity to facilitate us Realize legal currency at any time without affecting your daily life.
Therefore, I suggest that our readers and friends should also choose an investment market with low risk, low returns, and convenient entry and exit of legal currency as their foundation, and then allocate funds to invest in digital currency.
In this case, even if all our digital currency investments are lost, we still have a guaranteed investment.
We must have a "guarantee" thinking when choosing an investment market, and we must also have a "guaranteed" thinking when choosing investment products in any field.
I choose the stock market as a "guarantee" and digital currency as an aggressive investment. This is to use the "guaranteed" thinking when choosing a market.
In the digital currency investment, I choose Bitcoin and Ethereum as the "guarantee", and I choose DeFi as the radical investment. This is the thinking of "guaranteed" when choosing investment varieties in the investment field of digital currency.
To further subdivide it, in DeFi, I choose UNI and other top projects as the "guarantee", and I choose COVER (yes, you read that right, it is COVER that has been attacked almost to zero recently), and NSURE as a radical investment. When selecting investment products in smaller subdivided investment fields, use the "guaranteed bottom" thinking.
In fact, this "guarantee" way of thinking was mentioned as early as 2,000 years ago in the works of the ancient sages in our country. Ma Qian of Taishi Company wrote in "Historical Records: Huozhi Biography" that "seeking money at the end and keeping it at the root".
In that historical environment, the "mo" in it refers to running various businesses and selling materials, and the "ben" in it refers to keeping the land and farming. Translating the whole sentence into the vernacular is to use various risky businesses to earn money, and the money earned is used to guard the land and cultivate the fields.
This sentence is also very suitable for the present:
We can use digital currency investment to make money, part of the money earned is used to strengthen our guaranteed investment, and the other part continues to expand digital currency investment.
We can use various radical investments such as DeFi to make money. Part of the money earned is used to buy Bitcoin and Ethereum, and the other part continues to expand investment in various radical projects such as DeFi.
As of today, the serialization of my investment experience has all been written. My experience is insignificant compared with many experienced investment veterans in the market, but these years of investment experience have gradually made me change from a novice who knows nothing to a calm and rational approach to investment. I also found an investment method that suits me, which is my greatest achievement.
I sincerely hope that our readers can learn from my experience and find the investment method that suits them. Whether it is long-term investment or short-term game, only the way that suits you is the best way, and the experience and experiences of others are always just reference. If we want to survive in this market for a long time, the only reliable way is to find a way that suits us.
