“Buy a great company at a reasonable price and hold it for the long term, patiently waiting for it to gradually become more valuable.”
This statement seems as simple as it can be, but the reality is— Almost no one can do it. Even the #巴菲特 and Coca-Cola cases have been discussed to death, but very few people actually follow through. The reason is not complicated: This strategy is simple but extremely counter to human nature. It requires a person to overcome both psychological and behavioral barriers, and both are almost instinctive for humans. After 10/11, the crypto world is essentially a very real “anti-human nature experiment.” After that wave of decline, the market quickly entered a panic zone. No one knows where the bottom is, and no one dares to say when it will end. Everyone knows an old saying: Buy when fearful, sell when greedy. But in reality, the actions are exactly the opposite. When prices rise, market sentiment is frantic, everyone fears missing a “historic opportunity”; When prices fall, people start to cut losses, afraid of going to zero. What’s even more brutal is— Many altcoins have indeed gone to zero. As a result, the brain forms a very strong “psychological muscle memory”: Drop = danger = immediately escape. This memory only reinforces fear, not rationality. Looking at the behavioral level: Humans are naturally more active than passive, especially in this era of instant feedback. Even if you tell others: In the future, BTC could reach 1 million USD, ETH could reach 100,000 USD, Most people have no feeling at all. But if you say: BTC fluctuates by 2000 USD today, ETH fluctuates by 500 USD today, emotions immediately kick in, and hands start to move. Short-term volatility is more stimulating than long-term certainty. For most people, inaction breeds more anxiety. This instinctive anxiety pushes people to trade frequently, ultimately destroying compound interest with their own hands. After 10/11, many people are like this: Just sold, afraid to buy the rebound; Just chased in, then started to retreat; Tossing back and forth, positions getting smaller and smaller, emotions worsening. There’s also a severely underestimated human flaw: Most people think they are smarter than others. Overestimating one’s cognition is a common phenomenon. People selectively absorb information that supports their own stance, then reinforce it. Once “relative returns lag behind,” their mindset collapses immediately. For example, seeing: BTC and ETH can’t beat some hot altcoins; Mainstream assets don’t rise as sharply as small coins; The pain from such comparisons is hard for human nature to endure. So they start switching tracks, chasing hot topics, frequently adjusting positions, but the result is often— Missing the real big moves and stepping into more traps. Compound interest itself is extremely time-consuming. Even if you truly understand BTC and ETH, few are willing or able to wait five, ten, or twenty years. Not to mention in this era of information overload: Every day, there are voices telling you— This one is no good, that one is the future. Once your mindset wavers, your long-term strategy completely collapses. After 10/11, the crypto world has already given the answer. The real difficulty is never “what to choose,” but— not to panic and act rashly in fear, and not to tinker in boredom. Long-term holding is not a technical issue, but a psychological structure that only a few can endure. #BTC #ETH #CryptoMarket
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“Buy a great company at a reasonable price and hold it for the long term, patiently waiting for it to gradually become more valuable.”
This statement seems as simple as it can be, but the reality is—
Almost no one can do it.
Even the #巴菲特 and Coca-Cola cases have been discussed to death, but very few people actually follow through.
The reason is not complicated:
This strategy is simple but extremely counter to human nature.
It requires a person to overcome both psychological and behavioral barriers, and both are almost instinctive for humans.
After 10/11, the crypto world is essentially a very real “anti-human nature experiment.”
After that wave of decline, the market quickly entered a panic zone.
No one knows where the bottom is, and no one dares to say when it will end.
Everyone knows an old saying:
Buy when fearful, sell when greedy.
But in reality, the actions are exactly the opposite.
When prices rise, market sentiment is frantic, everyone fears missing a “historic opportunity”;
When prices fall, people start to cut losses, afraid of going to zero.
What’s even more brutal is—
Many altcoins have indeed gone to zero.
As a result, the brain forms a very strong “psychological muscle memory”:
Drop = danger = immediately escape.
This memory only reinforces fear, not rationality.
Looking at the behavioral level:
Humans are naturally more active than passive, especially in this era of instant feedback.
Even if you tell others:
In the future, BTC could reach 1 million USD, ETH could reach 100,000 USD,
Most people have no feeling at all.
But if you say:
BTC fluctuates by 2000 USD today,
ETH fluctuates by 500 USD today,
emotions immediately kick in, and hands start to move.
Short-term volatility is more stimulating than long-term certainty.
For most people, inaction breeds more anxiety.
This instinctive anxiety pushes people to trade frequently,
ultimately destroying compound interest with their own hands.
After 10/11, many people are like this:
Just sold, afraid to buy the rebound;
Just chased in, then started to retreat;
Tossing back and forth, positions getting smaller and smaller, emotions worsening.
There’s also a severely underestimated human flaw:
Most people think they are smarter than others.
Overestimating one’s cognition is a common phenomenon.
People selectively absorb information that supports their own stance, then reinforce it.
Once “relative returns lag behind,” their mindset collapses immediately.
For example, seeing:
BTC and ETH can’t beat some hot altcoins;
Mainstream assets don’t rise as sharply as small coins;
The pain from such comparisons is hard for human nature to endure.
So they start switching tracks, chasing hot topics, frequently adjusting positions,
but the result is often—
Missing the real big moves and stepping into more traps.
Compound interest itself is extremely time-consuming.
Even if you truly understand BTC and ETH,
few are willing or able to wait five, ten, or twenty years.
Not to mention in this era of information overload:
Every day, there are voices telling you—
This one is no good, that one is the future.
Once your mindset wavers, your long-term strategy completely collapses.
After 10/11, the crypto world has already given the answer.
The real difficulty is never “what to choose,”
but—
not to panic and act rashly in fear, and not to tinker in boredom.
Long-term holding is not a technical issue,
but a psychological structure that only a few can endure.
#BTC #ETH #CryptoMarket