"The best way to live is to do simple things repeatedly for a lifetime." Charlie Munger's words couldn't be more fitting in today's crypto world.
We live in an era of information explosion. Everyone is adding more—learning more skills, joining more communities, catching more trends. Investment is the same; there's a constant feeling that you need to chase hot topics, follow the crowd, and seize every opportunity to avoid falling behind.
And what’s the result? Anxiety deepens.
Opening your phone, you see the narrative "If you're not努力, you'll be abandoned." A new concept becomes popular, and you're afraid of missing out; a market surge comes, and you want to go all in; seeing others make money, you think your decisions are flawed.
So, what are the true winners doing?
They are doing subtraction—eliminating noise and focusing on proven principles. Repeatedly betting on the tracks they understand, rather than jumping into every trend.
They repeatedly study standard principles and replace luck with experience. That’s why many veteran investors can stay calm despite turbulence—they’ve long let go of FOMO and established their own simple rules.
The biggest trap in the crypto world is trying to do everything perfectly. But history shows us that doing a few key things right is far more valuable than trying to do everything perfectly.
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AirdropSweaterFan
· 01-14 09:49
That's right, unfortunately 99% of people in the crypto world are all in on new concepts... Just shouting HODL isn't enough, you really have to hold on.
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DustCollector
· 01-12 20:46
That's a great point. I finally understand why I keep losing money now.
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TideReceder
· 01-12 07:33
That's true, but it's really hard to actually do it. I'm the kind of person who gets anxious just watching others make money.
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ser_aped.eth
· 01-11 11:40
That's true, but the problem is that most people simply can't do it. Why is it that they just can't exercise restraint?
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BanklessAtHeart
· 01-11 10:18
That's right, but sticking to it is too hard. Seeing others get rich overnight, turning around and wanting to go all-in on new coins, forgetting your own strategy entirely.
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SadMoneyMeow
· 01-11 10:12
That's true, but very few people can truly stick to doing less. I am one of them myself; I keep saying I want to focus on BTC every day, but I still can't resist picking up various new coins. I really need to be more ruthless.
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fork_in_the_road
· 01-11 10:10
You're right, but how many people can truly do it? I'm currently learning to let go and not follow the hype of those new concepts.
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NotAFinancialAdvice
· 01-11 10:08
You're absolutely right. I was just too greedy, always wanting to go all-in on every new coin. It wasn't until I lost everything that I realized.
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BottomMisser
· 01-11 10:06
That's quite right, but to be honest, I'm still on the all-in path and can't move forward.
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OnlyUpOnly
· 01-11 10:03
That's true, but the key is that most people simply can't do it. As soon as they see others making money, they can't sit still.
"The best way to live is to do simple things repeatedly for a lifetime." Charlie Munger's words couldn't be more fitting in today's crypto world.
We live in an era of information explosion. Everyone is adding more—learning more skills, joining more communities, catching more trends. Investment is the same; there's a constant feeling that you need to chase hot topics, follow the crowd, and seize every opportunity to avoid falling behind.
And what’s the result? Anxiety deepens.
Opening your phone, you see the narrative "If you're not努力, you'll be abandoned." A new concept becomes popular, and you're afraid of missing out; a market surge comes, and you want to go all in; seeing others make money, you think your decisions are flawed.
So, what are the true winners doing?
They are doing subtraction—eliminating noise and focusing on proven principles. Repeatedly betting on the tracks they understand, rather than jumping into every trend.
They repeatedly study standard principles and replace luck with experience. That’s why many veteran investors can stay calm despite turbulence—they’ve long let go of FOMO and established their own simple rules.
The biggest trap in the crypto world is trying to do everything perfectly. But history shows us that doing a few key things right is far more valuable than trying to do everything perfectly.