Can you sell a house stud to buy bitcoin?
So far in this round of bull market, Bitcoin has risen from the lowest point of more than 3,000 US dollars to the current price of about 50,000 US dollars after the 312 slump in 2020, an increase of 15 times. Faced with such a return, some investors were completely disappointed due to various factors, and regretted in their hearts, so they made up their minds to wait until the next bear market to sell their houses and enter the market to buy coins.
The ancients said that we must have the right time, the right place and the harmony of people to do anything. The most important of these three conditions is human harmony, so it is best if all three conditions are met, but if you cannot meet all of them, you must be harmonious.
In investment, the timing of entering the market is the right time, and all the factors related to people, such as the investor's financial situation and psychological factors, are the harmony of people in my opinion.
The biggest problem with the stud method of selling houses above is that it cannot control the factor of "human harmony".
In this kind of subconsciousness, investors realize that the bear market is a good opportunity to enter the market, which is to seize the "time"; but they ignore the risks they can bear and the pressure they can bear in their hearts when the market fluctuates, which is beyond their control "Human Harmony".
The bear market is a good opportunity to enter the market. This is what we have been emphasizing in our articles in the past two years. Our regular readers are no strangers at all. But even if we have such a good opportunity, we have to see whether our ability can seize such an opportunity.
Due to differences in cognition, some investors left the market because of loneliness and impatience in the bear market. This is a manifestation of not seizing the opportunity; The ending could be even worse.
For the vast majority of investors, if they choose to sell their houses in a bear market, they must subconsciously be desperate. This is like shooting an arrow with a bow. The bow is already fully drawn, and when it reaches the limit, it is waiting for the moment to release the arrow.
Then the question arises, if I can’t find the moment I expected to release the arrow, how long can this state of fully drawing the bow last? Or I shot the arrow when I thought it was a suitable opportunity, but then the market trend gave a lower point, can I bear that kind of pressure in my heart?
Taking the bear market before this round of bull market as an example, Bitcoin had two chances to reach its lowest point, the first time in January 2019, and the second time in the days after March 12, 2020.
If an investor was lucky enough to seize the opportunity when Bitcoin reached its lowest point for the first time, and after he had been struggling for more than a year, his position returned to the original point, how would he feel in his heart? Will you worry about the market coming to 312 again? Even worried about his position being zeroed?
If an investor happens to experience the first lowest point but fails to grasp it, how does he know that the market will give him a second such opportunity a year later so that he does not panic or worry?
If an investor misses the first lowest point and happens to experience the second lowest point, will he think that since there has been a previous lowest point, there is now a second lowest point, and he doubts that there will be a second lowest point later? Three or even lower lows and miss this one again?
The above is still the case where investors have the opportunity to stud at the lowest point. If the investor's stud point is not the lowest point of these two times at all, then after he studs, when he sees that the market has reached a point lower than his own buying point, can he bear the suffering in his heart?
Some investors may say, I don't stud once, I use the money from selling the house for regular investment. Under such heavy pressure, how long can the average person stick to the fixed investment? 2 years, 3 years or longer? If it happens to encounter a super bear market that lasts for more than 5 years, will it collapse?
Therefore, in a bear market, even if the investor Stud has caught the best point, facing the huge market uncertainty, he will have to face the test again and again, and endure countless unknown blows and sufferings, not to mention that he did not catch the best position. The situation of staying at the best point.
Once an investor cannot bear such pressure at any point in time and leaves the market, his plan will be wasted and his psychological rhythm will be completely disordered.
In my experience and the stories I have seen, I only heard about two senior figures in the currency circle who sold their houses to buy Bitcoin, and those two have already achieved great success. But I believe that the psychological quality and investment knowledge of these two are far from what most investors possess.
Therefore, the idea of selling a house stud is extremely risky and not suitable for mass investors.


