Recently, an overly anxious mentality almost led me to violate my investment principles. Specifically, I began considering the use of contracts or investing in high-return projects, which I now recognize as risky behaviors. Firstly, it is important to acknowledge the lessons learned from past mistakes and ensure that they are not repeated. In particular, contracts bring tremendous risks, which my current knowledge may not be able to handle. Additionally, investment pacing is important, given that I do not have as much capital as others, and thus, I need to be especially attentive to my investment success rate and conduct extensive research. Investment is a compounding process; with a high enough success rate, profitability will continue to increase.
Returning to the main theme of this article, income, and expenditure, even if BTC rises to 40,000, my wealth will only approach 250,000. This is due to the lack of external investment in my strategies. Thus, it is necessary to ensure that we can seek out more opportunities and introduce external funds into the blockchain network. In other words, I should seize all money-making opportunities around me, and when it comes to blockchain, I should study blockchain development technology in earnest. Only with these skills can I achieve the vision of earning 10,000 from 1 in low-risk situations, which is the path of wealth creation.
I believe that I will encounter many obstacles along this path. I am still very young, and the journey of investment is quite long. This is both my biggest advantage and biggest disadvantage. I should pay close attention to my success rate and ensure that my investment experiences stable annual growth. Stability is key, and it is best not to try to overindulge in risky investments at once.