Is there a price, odds, position, and exit between "I saw the right trend" and "I made money" that everyone doesn't know? I often see valuable things in the first and second brother communities! Just finished reading the reflection he wrote yesterday, it's very, very necessary. Let me show it to everyone! I think the most valuable ability in investment is the ability to understand oneself and the ability to correct mistakes in a timely manner (either through one's own extreme reflection or the advice of friends around you, both of which are rare) Why is it said that error correction is difficult!? Because you need to overturn your own views, even publicly, there is not only the possibility of losing money, but also the basis of losing face. If you are in this situation, you will know that it is actually difficult to achieve. The idea of Brother One and Brother Two two days ago was that PONS has already opened up the imagination space of Robinhood/cryptocurrency Meme line ->In history, Meme leaders could reach $500 million, $1 billion, or even $2 billion ->So now on BSC, the bull market with a market value of $100 million or $200 million, Marscon looks cheap ->In addition, Marscon has the old joke of Musk+CZ, and imagines the path of Binance Alpha/contract/spot ->So the current position seems good. And yesterday, I promptly withdrew this idea. The reason for withdrawing it was not because Marscoin was definitely not good, BSC Meme had no chance, or Robinhood's market had ended, but based on several more important and deeper thoughts: one ️⃣ Do not attempt to accurately determine whether the market has gone up 30% or 70%. This is an act of sexual desire, almost a subjective judgment. two ️⃣ This round is actually not too early. HOOD+20%, ARB+50%, UNI close to doubling, Lighter close to doubling, PONS close to 10 times after being discovered by the market. That is to say, the view that the current market is only in the first half may not hold true. If most people are still prepared to participate in something they see, it is unlikely to be in the first half or early stages. three ️⃣ What is truly worth sharing are 'early information' and 'replicable methods', not specific price judgments. four ️⃣ Any method of making money has an expiration date. I think this is the most valuable part of the whole article, and of course, it is the most valuable to me. Robinhood's LP daily chemical last week may have been 5% -10%, but due to scarce liquidity, it is worth doing; Now that Mint supply has come up, LP is only about 2% left, but you still bear the risk/reward of stock declines, currency price fluctuations, and unpredictable losses, so the risk/reward of this strategy has completely changed. Especially in Crypto, the validity period for making money is very obvious. If you are not within the validity period, do not force yourself, do not force yourself, and do not deceive yourself. So in summary, a track can be very accurate, but you can still buy 10 times more expensive on the right track. In my previous words, there is a gap between "I saw the trend right" and "I made money" in terms of price, odds, position, and exit. So back to the end, the essence of investment is still understanding oneself, having a deep understanding of oneself, and having a deep understanding of one's inner self and the environment in which one is situated. You have to be very clear about what I am good at and what I am not good at. Once you encounter an opportunity that you are good at, be brave enough to kill it. If you are not good at something, you can study and feel it, but be cautious and play with the smallest position instead of heavy positions. Missed it, it's not a big deal. For example, every market trend is accompanied by MEME, so you should know if you can catch up with new things after such a long time. If you can't catch it, don't force it, and don't expect to make a fortune through so-called information and insider information. Not to mention whether insider information is reliable, even reliable insider information can only tell you when to enter and when to exit the insider information, and you don't even know. And if you make money from insider information 9 times and lose money from insider information once, it's possible that all of the previous ones will be lost. Not good at it means not good at it, right! Just like the picture I posted this morning: investing doesn't need to be right every time, but you must ensure that you always have another time. If you kill yourself, there's nothing left. @Qiye-btc's first and second brother Twitter, although he may not use it frequently, I still recommend it to everyone.