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Two books to talk about coins: Buffett does not play coins, Musk said I play, who told you?

Who plays or doesn't play itself has no meaning, so why pick it out and say it? Raising awareness, no. No one can improve your cognition, never think that a person's cognition has a high or low distinction, there is only an angle, the position is different, people are very emotional animals, leading to the uncertainty of ideas, and behind each transaction is people, it is precisely because of the uncertainty of people that the market can not be predicted, but then again, the timeline is elongated, the group is amplified, the psychological activities of the public can find the law, which is also one of the necessities of sociology, mass psychology.

Two books to talk about coins: Buffett does not play coins, Musk said I play, who told you?

It is undeniable that celebrities have a certain pull-up on the price of the coin for a short time, the timeline is elongated, the effect is not so obvious, because the hot spot is only a temporary after all, the price pull-up after all needs to spend silver in white flowers, the market is weak, the expectation is reduced, the public returns to rationality, the effect weakens, Musk shouts single Dogecoin is a typical example, so I often say "the price is only temporary, the value is permanent" "The price is only now, the value is the future"

Two books to talk about coins: Buffett does not play coins, Musk said I play, who told you?

Taking a step back, celebrities are also people, and as long as they are people, judgments can be wrong, even if he is Satoshi Nakamoto. When you drove a Tesla, did you ever think that Munger predicted in '08 that Tesla would go out of business in '09, who knows? The future does not change because of someone's prediction, the legend of the end of the world is every year, what is the reality? Play with coins, other investments, independent thinking, independent judgment, independent execution can be.

Two books to talk about coins: Buffett does not play coins, Musk said I play, who told you?

As for him playing coins and not playing, let it go, making money he will not share with you and me, taking a step back, traditional finance needs a lot of leeks, once he shouts a single, the blood supply is insufficient, his stock is also difficult to make a profit, after all, the businessman, understand? Besides, why did he tell you if he played or not?

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