gm365
gm365|Jul 21, 2025 09:47
🎴🃏 The Poker of Speculators I have been reading this book 'Poker for Speculators' recently, but I haven't finished yet, but I have gained a lot from it. Why do you say that? Just by reading the titles of certain chapters in a book, one can feel something or two, such as: The Practice of One Person The market is an emotion The public is always wrong "(🩵 Favorite article) No matter how many times it doubles, bankruptcy only takes once An interesting concept proposed by the author is the mind trader Trading, ultimately, is a personal matter, a struggle against one's own greed and fear. Everything else is just noise. In addition, the author also mentioned a concept: Traders (speculators), as individuals, cannot predict their behavior, but as a group, they are simple and predictable (this concept is not new, but it is indeed worth noting). Not to mention anything else, just take a look at the content that ETH is promoting, it's like a crystal clear 'magic mirror'. When ETH fell all the way to 1384, everyone wished they couldn't get it and punished them; The push is filled with phrases such as' buying ETH in this cycle makes you the biggest idiot '. And when ETH skyrocketed to 3800, the target price for this cycle had already jumped from 15000 to 69000 Terrifying like this. Or in other words, the emotions of the masses are so easily swayed between two poles that objectivity and rationality have no room for survival. Speculation is as ancient as mountains and rivers, and there is nothing new under the sun. However, how can one remain isolated and maintain a clear mind when immersed in the emotions of the masses? I think it's difficult. So there are many speculators, but those who reach the end are few and far between. Encouragement together.
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