The most important thing in investment The most important variable in investment is not principal, skill, or timing, but time. We are always fixated on 'which coin will rise tomorrow' How much profit will you make this month When can it double But I overlooked the key question: "How long am I prepared to stick to my goal Time is the soil of miracles 10000 yuan, annualized at 10%, earning only 1000 yuan in the first year, but becoming 174000 yuan after 30 years. The first 90% of growth occurred in the last few years, without the accumulation of the first 29 years, there would be no outbreak in the 30th year. Many people left early due to impatience before the miracle occurred. Actually, time is TMD, a filter for noise The market has hot topics every day and myths every week, and pursuers often work hard without success. Looking at the extended cycle, short-term sharp fluctuations on the K-line chart are only minor fluctuations. Time will reward persistent perennialists and eliminate noisy speculators. Time is the sharpening stone of mentality When the focus shifts from 'how much will I earn tomorrow' to 'where will I be in ten years', the mindset will completely change. Short term fluctuations are no longer disruptive, as they are just a small step on a long journey. The ultimate cultivation of investment is the mind, not the technology. So, I am only doing three things now: 1. Choice: Take the time to find assets that you dare to hold even if the world is closed for three years. At present, it is S&P 500/Gold/BTC (with some mainstream coins attached). 2. Investment: Like repaying a mortgage, invest regularly and continuously. 3. Forget: Focus on life, work, and growth, and let time work. The best investment is to forget about investing itself and focus on managing life. When one's own value grows, the assets held will naturally receive substantial returns. What you really want to win is not the market, but time.