It's okay to reset to zero, but it's not okay to admit mistakes

The end of the world in 2012 is a doomsday theory, claiming that a major disaster will occur on the earth on December 21, 2012, or there will be visions such as "three consecutive days of darkness". The source of this theory is the Mayan calendar, which is theorized to end on this day.

---(From Baidu Encyclopedia)

I don't know how many people still remember the stalk of "2012 the end of the world". At present, this so-called "prophecy" has been falsified, but it really radiated a large area at that time. At that time, there was such a very interesting story:

There is a small group of people who strongly believe in the 2012 end of the world. Meanwhile, the leader of the group believes that on December 20, 2012, a spaceship will come to pick them up to the sanctuary.

So, they waited for the spaceship to appear in the leader's backyard. When the time came to 2 o'clock in the morning on December 21, this group of people became anxious.

And because the leader is still there, they are naturally unwilling to leave, until 4:00 in the morning, the leader declared:

Because of the piety of our people, the catastrophe of the end of the world has been saved!

So, this group of people rushed to sue, claiming that they saved the world~~ and they were more devout than ever in their beliefs.

In the eyes of outsiders, the beliefs of this group of people are obviously wrong, but in their eyes, their own beliefs just saved the whole world.

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Admitting how painful it is for SB

People's behavior is mostly determined by people's cognition, and the longer a behavior (one thing) lasts, the more people feel that their behavior is reasonable.

For example, the group of "believers" mentioned in the previous story, they believed in this prophecy for a long time, until the spaceship did not appear, they all thought that there was nothing wrong with their belief. After all, before December 21, 2012 passed, You cannot disprove this belief.

For another example, you must have heard smokers and drinkers refer to arguments like this:

Lin Biao lived to be 63 without smoking or drinking; Zhou Enlai lived to 78 without smoking or drinking; Mao Zedong lived to 83 without smoking or drinking; Deng Xiaoping smoked and drank and lived to 98; Accounted for, live to be 103 years old; Comrade Lei Feng, do all good deeds, live to be 23 years old!

History proves that smoking and drinking can live longer~~ There is a certain difference between the excuses of believers and smokers, but they all have the same cry in their hearts:

If it is said that the end of the world in 2012 is fake, and smoking and drinking are harmful, then my behavior before was too sloppy, which made me very embarrassed~~ And, after admitting my mistakes, I still have to make corresponding remedies for my behavior, if not Remedy, will others say that I am "incurable". All in all, it's a double whammy, mentally and physically! Forget it, I'll find an excuse to "retract", it's easier!

It takes a few seconds for this series of brain to read back, but it doesn't even take a second to go through it in my mind, and I don't even know it. Faced with a mistake, most people's first reaction is to defend themselves:

so do others;

It's his fault;

I did this for his own good, why is it that I am wrong;

Over time, excuses are used by more and more people. The so-called lies tell too much and they become the truth, and too many excuses tell the same result. At the same time, people's ability to make excuses has naturally become stronger and stronger.

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The internet doesn't allow us to lose

It is not that the currency circle does not allow us to lose, but that the Internet does not allow us to lose. The Internet also likes to ridicule losers, such as rat tail juice~~

The so-called "good things don't go out, bad things spread thousands of miles", this phenomenon can be found in a very early period. This phenomenon is especially common if you live in a rural area.

In the countryside, if an old man in a certain family dies, the news will only take less than 24 hours, and it can spread to every corner of the village just by manual transmission. The same is true for other "bad things", which are extremely easy to spread in rural areas.

After the emergence of the Internet of Information, various "relatively bad" (negative energy) things are more likely to spread on the Internet, and there is a trend of "the worse things are, the faster they spread".

The efficient dissemination of the Internet, the distance between people and the word of mouth in rural areas, there is not much difference.

This situation directly leads to the fact that on the Internet, people prefer to choose to hide their mistakes. This is the most economical way, and no one knows except themselves anyway.

On the contrary, high-profile pretending can allow oneself to gain a sense of presence on the Internet that cannot be obtained in the real world.

However, everyone makes mistakes, everyone loses money on investments, and everyone does "undescribable" things when they are alone.

At the same time, we can see that people and things who have the courage to admit their mistakes on the Internet have become heroes and objects worthy of admiration. Because there are very few people who dare to do so.

The same is true in the currency circle and the stock market. Wechat groups will only circulate (post) screenshots of profitable orders. Almost no one sees the huge loss of contract orders, but is it true that no one loses money? impossible.

It is embarrassing to spread the news of losing money. Others will not have the slightest sympathy when they see it. Instead, they may only get the word SB~~ Therefore, losing money is already very painful, why bother to find it boring.

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Common mistakes that are prone to occur in the currency circle

Bitcoin’s 11-year epic-level growth has subdued everyone’s ability to make money.

At the same time, most people who came into contact with Bitcoin 10 years ago did not make money through Bitcoin. On the contrary, the group of people who did not make money, through their own efforts, lived as hard as they did 10 years ago outside the currency circle.

Such "lessons" are extremely popular in the currency circle, which has led most people to believe in:

Stock up, configure, don’t read (the old cat’s six-character motto)

Compared with other fields, the currency circle is still too early. In the long run, it has great potential for development. After previous verification, "hoarding coins" has a high probability of making money, and it is a lot of money.

For most people, this is simply a lifesaver. Without paying too much, you can make more money than yourself.

Done!

However, after entering the currency circle, the action will be deformed.

The increase in Bitcoin can always exceed the income of most people's work. This benefit does not always bring joy, but more anxiety. Because I bought less in the early stage, and secondly, I worked hard, so it’s not as fast as speculating on coins.

This psychological activity directly led to the transfer of people's attention to the currency circle, and thus the transfer of funds to the currency circle. This was not enough, and finally, the attention slowly shifted from Bitcoin to Altcoins.

And because people always spread the rise of the currency circle after making money, and people also hate the case of losing money, so most people first contact the currency circle when they are in the bull market.

Because of lack of experience in the cycle and high optimism about the industry, most newcomers have no way to make money when they enter the currency circle for the first time.

In the end, I wondered if there was something wrong with Lao Mao's six-character motto. The answer is that most people don't do exactly what others have suggested. (In addition, after Li Xiaolai launched the BOX, the old cat never mentioned the six-character maxim 🐶)

Here comes the problem (loss)!

Exactly the same as outside the currency circle, when people encounter these problems, the first choice is to avoid them.

Users who hoard coins often wonder whether there is a problem with the way they hoard coins, rather than whether there is a problem with the currency they are hoarding.

After all, the method is recognized by others, and the currency is chosen by oneself. If you admit that there is a problem with the currency, it is to admit that you are wrong.

And the longer you hoard coins, the harder it is for a person to deal with this problem.

Because this currency is not only a loss at the asset level, but also includes the time cost of funds, and I track the mentality of the news by myself.

Although these are already sunk costs, people can't give up. For example, when encountering a bad movie, most people choose to continue watching it instead of leaving at any time.

Also, there is an excuse to escape the error:

Everyone else is hoarding this coin, no one knows what the future price of this coin will be, and because the previous bull market was a chicken dog ascending to heaven, there is a high probability that hoarding can solve the problem.

The price of this currency is not good, mainly because the project party is not good at doing things, and it is too obvious to cut leeks. I believe so much in the founder and the big boss of the platform, and give my faith. I really can’t blame myself for buying air coins at the current currency price.

In the field of value investment, most people think "value investment" = "long-term holding", hoarding is also a way of long-term holding, so many people choose (passive) value investment after the price falls, and the reputation For "hoarding". (Anyway, the market has always believed in the concept of value investment)

Finally, the same as the stock market, I don’t know why there is always a “falling to the bottom, it will definitely rebound”. This sb theory is supporting myself to take a currency with a small probability of falling 90%.

These phenomena are all manifestations of unwillingness to face up to the wrong position allocation.

These phenomena are all manifestations of unwillingness to face up to the wrong position allocation.

These phenomena are all manifestations of unwillingness to face up to the wrong position allocation.

At the same time, because of the long-term existence of these mistakes, most people follow the trend and make mistakes as soon as they are wrong. You see, you can return to zero and don't want to face it squarely, or you can't "face up" to it.

Liu Cixin wrote this passage in "The Three-Body Problem": "Weakness and ignorance are not obstacles to survival, but arrogance is."

Unwillingness to admit mistakes is not only behind "evasion", but also "arrogance" and "blind self-confidence". After all, in this market, 100% of the people left are "above average" people.