In this round of market, I focus on the AI + Crypto field
Some readers left a message asking: If something new is coming, what factors are generally considered? I also bought Duan Yongping's investment Q&A and thought it was very good. NFT also belongs to culture and communication, what books can be recommended?
If I come to something new, I first look at whether I am interested in this new thing. If I'm not interested, I won't pay much attention to it, and if I'm interested, I'll put in the effort.
In my article the day before yesterday, I emphasized again that every investor must find his own area of interest. Only by finding your own interests will you have the active desire to study and discover your own opportunities.
Everyone has different backgrounds, different resources, and different experiences, and their areas of interest will be very different, and the important thing is which one is right for them.
I wrote in my NFT investment experience that when I discovered the signs of NFT, many KOLs in the Chinese field were still addicted to DeFi mining. I was significantly less interested in DeFi than NFTs, so I quickly switched to NFTs. But many of those players have earned extremely good income from mining. They seized the opportunity of DeFi, and I was lucky with NFTs, and they all got their place.
As the crypto ecosystem becomes more and more complex, I believe that there will be more and more subdivisions derived from it in the future, and no one can understand and understand all the fields. So I think the more you find your interests, the more important it is. One does not need and cannot seize all opportunities, as long as one or two opportunities are mastered.
In addition, if there are multiple areas of interest, you can further try to think about which of these fields has relatively broader prospects and greater potential, and strive to find the most potential field among them.
For example, in this round of market, I am most optimistic about AI + Crypto, and I believe that the combination of these two fields will create amazing sparks, so my main energy last year and this year was basically in this segment.
However, no matter which field of exploration is conducted, it will consume considerable time, energy and financial resources, and all of these explorations are likely to fail--- which is a huge risk that must be included in cutting-edge exploration. So in the end, I would like to advise you that before exploring new areas, you must configure your ballast stone: Bitcoin + Ethereum, which is the most important safety cushion.
Duan Yongping's investment Q&A and other related books (such as Buffett Munger's book) are good books, but many of the contents in the book will feel different due to different readers' experiences, resulting in different gains.
At least for me, it is impossible to resonate with what is said in the book if it weren't for a lot of mistakes made in the early days. So I think I can read and flip through these books often in the future. The more you experience, the more you will feel it.
In yesterday's article, I quoted Duan Yongping's view on Buffett's reduction in Apple. Recently, Duan Yongping has another quip that has been quoted by many people on the Internet:
Duan Yongping said: What's so good about Apple's financial report?
This quip is used by many people to comment on Moutai and Tencent's second-quarter earnings reports.
When I saw this sentence, a similar thought immediately came to my mind: what is so good about Bitcoin and Ethereum?
Afterwards, I thought that without my years of experience in the crypto ecosystem and my years of learning about Bitcoin and Ethereum, I couldn't have had such an idea.
Therefore, it is also very important to boldly make various attempts in the investment field after configuring the safety mat.
If you don't have enough experience, even if you see the good words of gold and jade, you can't catch them, and you can't see the essence in them.
There don't seem to be many books on NFT on the market, at least I haven't read a book dedicated to NFT. I think the better way may be to read, read more, and learn more online.