How to become an investor with an independent thinking system?
So far, in basically every cycle of Bitcoin from bear market to bull market, the crypto ecosystem has seen leading innovations, applications, and scenarios.
These innovations, applications, and scenarios naturally bring about a visible wealth effect.
However, what kind of mindset do we have when we face these innovations, applications, and scenarios, as well as this wealth effect?
Isn't it true that most people are thinking: I need to seize this opportunity to make a big profit quickly?
This mindset is quite normal, but I wonder if everyone has taken a moment to reflect on their past experiences:
In this mindset-driven "me," have I actually made money in these repeated "opportunities"?
Have I repeatedly made some mistakes that I knew I shouldn't have?
Why do I ask such questions?
Because since I started writing articles in 2019, almost every time I encounter such "opportunities," I see readers mentioning many almost identical questions in the comments, and these questions can basically be summarized by the mindset mentioned above.
Because of the eagerness to seize this "opportunity," any slight movement can trigger a series of anxieties:
When the price drops, we panic: Is this a correction or is the bull market over? Is this an opportunity to buy more or to run away?
When the price rises, we panic just the same: Is this too high, should I sell? Can I still participate now? Should I wait for a correction?
When we are tormented by such a mindset time and again, have we considered another strategy, one that allows us to remain as calm as possible and not be influenced by market conditions and emotions?
For example:
What if we consider ourselves just ordinary people?
What if we believe we are not destined for overnight wealth?
What if we think that achieving significant wealth growth requires 10 years or even longer? Perhaps the first 5 years are for accumulating experience, and only in the next 5 years do we start to see significant wealth growth?
With this mindset in place, can we try to view this so-called "opportunity" not as an "opportunity" but as a practice, a practice that may fail but can accumulate valuable experience?
What we need to gain from such practice is not wealth, but experience and lessons, as well as training our mindset and controlling our emotions.
We could try to set aside a relatively small amount, say $1,000, and invest only $20 in each project, giving ourselves 50 investment opportunities, conducting independent research, and investing entirely based on our own understanding?
We could even take a bit of risk, placing the price of the coins in a slightly less important position, focusing more on our understanding of the projects, and boldly buying into any projects we like or believe have potential.
We shouldn't worry about whether the coin price will drop tomorrow or rise the day after; instead, we should focus on holding our investments and observing their trends, paying attention to their fundamentals, team development, and project construction, only selling all these assets when we decide to sell Bitcoin and Ethereum.
In this process, we can take notes, recording the reasons, thoughts, and feelings behind our emotional fluctuations each time, and then look back at our past mindset and actions later.
Even if that $1,000 ends up being completely lost, it would still only be a loss of $1,000.
But that $1,000 could provide us with a complete investment experience and insights from 50 projects.
Which financial field can so generously offer us such rare and valuable practical opportunities?
I believe the value of this experience will be far more precious than wealth.
Why did I think of investing $20 in each of 50 projects with $1,000?
Because venture capital often requires experience and intuition. This experience and intuition are difficult to cultivate and accumulate without practical involvement in a large number of projects.
Many past crypto projects were launched on Bitcoin or Ethereum. However, the transaction fees on Bitcoin and Ethereum were too high, making this investment approach impractical at that time.
But this round of AI agents is completely different; currently, the two largest ecosystems are on Solana and BASE. The transaction fees on these two networks are extremely low, negligible even, which provides a great opportunity for retail investors to practice and operate.
Through such a practice, a practice of participating in many projects, we can personally experience and feel that the persuasion gained through this method far exceeds any reference experience from others; it can only be obtained through our own practice.
Only the experiences and lessons learned from personal experiences can help us gradually grow into independent thinkers and investors with our own systems.