MOL Moore Chain School: In 2018, the total market value of cryptocurrencies fell from more than 810 billion US dollars to more than 120 billion US dollars. That is to say, the contract is worth 5 trillion yuan. Perhaps this is not worth mentioning in the global stock market. However, for the cryptocurrency market with only 30 million investors, it is already a huge number. This may be the district. The most expensive "tuition fee" in the history of blockchain.
Most admire the two smart people who can always be winners in the world:
The first is to take the lead in eating "crabs", quickly summarizing the lessons learned, and then have a sensitive sense of smell, mining people.
For example, Ma Yun, who pioneered Internet e-commerce in the past, was spurred by many investors to “run the train with a mouthful”, “like a liar”, stepped on countless pits, and experienced several difficulties on the verge of bankruptcy, which created the current Ali Empire.
The second type is not easy to risk, waiting for others to finish the "crab" stepping on various pits, summing up the lessons and making a good preparation, and then taking the profit. Such people are not necessarily smarter than the first, but the numbers are relatively more and they are at risk.
For example, after the rise of Jingdong, after cultivating a large number of users' online shopping habits in Ali, they began to summarize Ali's experience and lessons, and differentiated cards, and continue to grow and develop. After the emergence of Netease strict selection, it is also waiting for a lot of money to spend a lot of money to cultivate the user's consumption habits, set up a payment environment, enter the market, with a good quality and low price brand advantage, draw a large number of users, and ultimately succeed .
In the blockchain field, the first person is a small part of the $5 trillion tuition written in the title, because most people pay tuition and don’t remember to sum up lessons, let alone Dividend mining, this is the biography of "the memory of amaranth is only 3 seconds."
The second person, perhaps the one who waited for the first to eat crabs on the sidelines, summed up the lessons learned, made the blockchain field well, matured, entered the mainstream, and closely watched the one or two billion people in the field.
Mo Hailin MOL founder Qian Haitao summed up the most expensive lessons in 2018 and shared it with everyone. Whether you are a person who doesn't want to pay a high price for tuition, or a smart person who is sitting outside the market, let's take a look.
1, too confident
In fact, no matter what market, people always like to overestimate their various abilities. For example, they always think that they don’t have risks when they don’t put their eggs in multiple baskets. Sometimes they know that speculation is dangerous and understand Part of the "scam", but always feel that he is definitely not the last "taker";
I always feel that my exquisite "operation" is well thought out, not only can pass through the bulls and bears, but also can turn over; I always think that I can judge the big trend; I always feel that if I fall, I will bottom out, and I will not believe that the market will only fall or not; I always believe that I can get to the next bull market.
However, the reality tells us: Even if the “fund” investment institutions that are known for their talents, in-depth research on the industry and projects, and 100 times more familiar with the market, are not guaranteed to lose their underwear, how can we be independent?
2, belief bias
Many people’s "beliefs" must have been biased. Many "big brothers" often publish a variety of popular, lyrical, and pyramid-selling "golden sentences" to "recharge their faith." In fact, we will find that this is very similar to the nature of the “screaming slogan of chicken blood” at the door of the washing and blowing. Bosses want employees to work hard and create more value for their careers. What is the purpose of the "big brothers" in the circle to bitterly give everyone the blood of the chickens? Have people who have been convinced of it thought independently?
In the words of Qian Haitao, the founder of Moore Chain MOL, “The blockchain should make the Internet a genius, an open network of merits. Based on the atomic physics world, the government maintains order, and reasonable humans have proliferated. Living infrastructure, real estate, automobiles and other real estate and the real economy have their own laws, and it is not necessarily necessary to monetize their numbers. We believe that any exaggeration of the scope of technology available is a deceptive behavior. So Bitcoin and Moore are all focused on digital assets that most require blockchain technology."
In fact, in the field of blockchain, what we really need to believe in can only be science and technology. Without technical support, no matter whether you are Sakamoto or Bitcoin, it is impossible to gain consensus.
3, overestimate the short-term benefits of new technology
People always overestimate the short-term benefits of a technology, but underestimate its long-term impact. New technology is indeed exciting, and many people are willing to believe that it will have more potential in the future. However, in the case that the development of blockchain technology is still not mature enough, and several major problems have not yet been solved, what people are seeing is that it is difficult to create applications and it is difficult to create expected value. At this point, we should be able to imagine what kind of reaction will happen in a market that has been frenzied.
4, because the blockchain has a "de-trust" attribute, it always assumes that the projects are very honest
Recently, I saw a set of data, and it is said that half of the 2000+ digital currencies have been zeroed. Although exaggerated ingredients are not excluded, for most investors, they are indeed close to zero. Compared with the situation at the beginning of the year, it is simply two days.
We can't help but ask: "Why are there so many zero items?" In the final analysis, there are probably two factors. On the one hand, the bull market can take off the market, so that investors can taste too much sweetness, causing them to lose most of their senses; on the other hand, it is the issue of tokens with no lower cost. Some projects are to put an idea that seems to be seen in the past, and just put it on the market.
A slap in the face does not sound, many people think that the blockchain is a perfect technology, with a "subversion" attribute such as transparency, traceability, decentralization. They also believe that these project parties will be able to complete the project white paper mission and give them a value return on investment. As for the real feasibility of the project, many people have not even seriously considered it.
5, the blockchain is overhyped
After the bombardment of the "big brothers", the project side, and the media that cooperated with the pull-ups, many people began to think that the blockchain was "Wanjin Oil", and alleen 18 martial arts were proficient and omnipotent. Therefore, anyone who sees a team that is okay, has a good idea, and may have a promising future project will start immediately.
As a result, the blockchain can be seen in almost every industry, and it seems to be pervasive and ubiquitous. As long as it is an industry, you can catch up with the blockchain. What temple chain and Chinese medicine chain are only chains you can't think of, and there are no chains that don't exist.
Qian Haitao, founder of Moore Chain MOL, has repeatedly stressed: "Any exaggeration of the scope of technology available is a deception of consumers."
6, too conservative
Of course, everything has the opposite extreme, and there will be conservative when there is madness. Conservatives in the blockchain field are actually quite a lot. In the early days of bitcoin development, I heard about Bitcoin and sneered at it. Then, in the early 2018, I couldn’t help but tempted. There were not many people who entered Bitcoin of more than 100,000 yuan.
In addition to maintaining rationality, we should not be too conservative. New things can be sought after by enthusiasm and must have its advantages. Any investment in decision-making is best done after independent thinking and in-depth understanding, otherwise it will suffer big losses.
Maybe you are also a member of "Getting into the market in 2013, breaking the thigh in 2017 and 2018", but now I don't know it is too late. If you like, welcome to be a member of the Moore Chain community. Download the Moore Wallet and experience it. Really Learn, communicate and share in order to gain a better future.
7, using leverage as a "gambling" tool
For futures leverage, most people think that it is a gambling tool. In fact, for professional investors, it is a good tool for hedging risks and quantifying arbitrage. However, such tools are limited to professional investors. If ordinary investors use it, there is still no small risk.
To put it bluntly, gambling is part of human nature. Most people dream of becoming rich, but they don't want to work hard, don't want to think, and rashly invest will naturally get into trouble, how painful to understand!
8, borrowing money
As I said before, most people overestimate their prejudgment of the situation and their ability to endure long-term borrowing.
If you can't resist borrowing, then the situation can be very bad. Because lending is also a kind of leverage, it will amplify your losses and increase your pain in the long bear market.
9, not "awe" risk
This is the most important one. No one likes risk, but when it comes to profit, we should realize that “risk and profit are always proportional!”
Perhaps at the beginning, many people have formulated personal investment principles, such as "get it right." However, even if people plan to be perfect, they always lose to greedy humanity. They broke the original perfect plan and pursued high returns. After the bet failed, I kept thinking about going back to the book, but in the end it was still deep.
If you have experienced such a dilemma, please do not pay tuition fees in person! Next time, be sure to remember: respect! fear! wind! risk! No matter how painful the understanding is in 2018, it will still pass. The important thing is the future, isn't it?
If you have learned a lot in this year's lessons, then congratulations on your graduation in the currency circle or the "investment circle", will the future roads be more difficult to walk than this cold winter bear market? There are still 4 days, it is about to enter 2019.
Finally, I shared a paragraph from Mo Hailin’s founder, Qian Haitao: “I firmly believe that cryptocurrencies will change the world, replace the stock market, most currencies, and pay for machine-to-machine, Internet of Things, streaming media, and forecasting the market. Power, governance systems, voting systems, and even everything on the Internet. Having said that, cryptocurrencies still have a long way to go, and most of these areas are still at a very early stage."