2020 is a great era, but also a difficult era. Personal investment is like the violent collision of the stars and rain with the torrent of the times. As a participant, I paid a heavy price, but I finally gained valuable wealth. At the end of the year, write it down as a summary of the two years and recommend it to you who are destined to read this article.
1.
In August last year, I had a supper with my friend Super Jun at a food stall in Shenzhen. The summer night was like water, and the bright lights were shining on the steaming fireworks. I took a sip of Life One and said to Super Jun, “I want Take 90% of the bitcoins to invest in startups, and save 10% of the bitcoins for the children.”
I never thought that this sentence would come true.
In October last year, I told my friends around me that I am ready for 2020, which will start an unprecedented bull market. On the 17th, I made the last live broadcast and judged that Bitcoin is about to usher in a pre-dawn plunge, and finally started a big bull market.
I have calculated the ups and downs that the market is about to face, the death spiral of 312 miners, and the future direction of the market. I even counted countless ways that I might lose, but countless counts, no way to count, I will lose this way-just 10 days later we were asked to cooperate with the investigation.
On October 30, the hammer of fate was swung down silently. The feelings of people these days are cold and warm, right and wrong, as clear as the dream of last night, now it is ridiculously passing, it is no longer enough.
But the darkest moment of life is not the test of fate itself, but the situation that Qianfu refers to after this.
I looked at the eyes of the company’s employees, and there were thousands of thoughts in my heart: Why? Why does this happen to us?
In order to open up the liquidity of digital assets, we injected living water into this small stream and innovated products unprecedented in the industry. But as soon as we lighted a match, the giant wheel rolled over and extinguished the flame.
In the past year, I have had difficulty swallowing the bitter fruit. Many people have sent me encouragement, support, regret and abuse. Whether it is good or bad, facing employees, investors, users, and even friends and benefactors, I have thought about avoiding . Rather than avoid facing them, it is more difficult for me to face myself.
Allen Ginsberg said:
“No one knows whether our role is a catalyst, a creator, a bubble on top of a huge wave, or a combination of all three.”
The tide of Bitcoin is rolling forward. Old people in many industries have already gone ashore. Many people are still on the cusp of the storm, and some people were killed on the beach by the wave.
Are we a catalyst, a creator, or a bubble on top of a huge wave?
I have been asking questions this year. Until recently I found the answer that made me feel relieved, and my life suddenly became bright.
2. There is a Zen story:
A monk, every time he meditates, he will meet a big spider in his mind.
The monk went to ask the master what to do. The master told him to take a pen the next time he entered the Dharma, and if the spider comes again, draw a circle on its chest to make a mark to see which monster it is.
The monk did so, and when he drew a circle on the spider’s chest, the spider went away, and he was in peace.
After leaving the appointment, he suddenly found that the circle was on his chest.
The problem that I have been searching for is in my heart.
And the answer to the question is actually in my own heart-it is a question of mental strength.
What is mental strength?
Use the law of entropy increase to explain: in an isolated system, if there is no external force to do work, its total confusion (ie entropy) will continue to increase.
Life is such a system, and every life is in the process of resisting the increase in entropy, and this force that constantly works on the life system is mental strength.
In other words, mental power is the power of self-realization in life.
Kazuo Inamori said: “Life is consistent with the mind, and the strong will will be manifested in a certain way. If you look at it in 20, 30 or more years, most people’s life is that they have been in The picture painted in my heart.”
So what can go wrong with mental strength?
I roughly divide the mind force into four levels:
1. The first level is the microcosm, see yourself.
What is to see yourself? First is to see yourself, then to own yourself.
See your own fragility, escape, fear, greed, and ego, see the brightest place in your heart, and the darkest place.
Then own yourself, own yourself completely. Reconcile everything with yourself. Being aware of the thoughts coming out of one’s heart at any time, being aware of the icebergs under the sea, when they come out, they can experience them and get along well, which requires a lot of mental energy.
2. The second layer is a small view, depending on the industry.
Not only see an industry, but also own it.
What are the opportunities in this industry? What’s the problem? What is the eternal factor in this industry? What are the bright and dark aspects of this industry?
Then there is to own the industry: own the darkest part of this industry, but also own the brightest part of it. Putting the entire industry in your own mind, such a person can already be called the leader and leader of the industry, and naturally requires a lot of effort.
3. The third layer is the middle view, which depends on the country.
See this country, and then own this country.
See the reality of the country, see what the country needs, what the government needs, and what the people need? What kind of situation is the country facing? Is your career just for the benefit of the industry and yourself, or have you considered the interests of the country? What problems have you solved for the country and why can you continue to enjoy the dividends of the industry and the country?
Then it is to own this country, see the truth of the country clearly, and still put the country into their own minds. Such a realm is already achieved by very few people.
At the current stage in China, it is time to test the mid-levels of entrepreneurs. In an era of tension between nations. The government relationship of an enterprise is no longer a good relationship with the government, but about what kind of problems it can solve for the country.
Mesopotamia has given the current entrepreneurs and investors a great test. The mentality is as strong as Jack Ma and Ren Zhengfei, and as big as Ant Financial and Huawei, they are all blocked by the test at the national level. The greater the ability, the greater the responsibilities. To shoulder these responsibilities requires a lot of effort.
I believe that Jack Ma’s speech on the Bund, able to say “China’s financial pawnshop thinking”, must have taken a very test of people’s efforts;
Ren Zhengfei sent off the glory with a paper handwritten book: “You are leaving, there is nothing for you, except for the yellow leaves that are blown down by the autumn wind.” This kind of mental effort is beyond the reach of others. Mr. Ren has already put the whole China into his own mind.
4. Go up one level and look at sentient beings.
It transcends the country and stands on the level of the entire human race. First see sentient beings, then own sentient beings. The mental power at this level is for mankind to open up new frontiers.
There is an English proverb:
Shoot for the moon,even you miss,you’ll land among the stars.
Head towards the moon, even if you die, you will die among the shining stars.
In this era, I think there are two such entrepreneurs, one is Elon Musk, opening up a new frontier of human homeland; the other is Satoshi Nakamoto, opening up a new frontier of human assets.
Elon Musk sold PayPal for US$180 million, all used to start a business, SpaceX, Tesla, SolarCity, everything is to achieve the ultimate dream of human immigration to Mars. Working 100 hours a week, after life and death, consumes inhuman effort.
Satoshi Nakamoto, whether he is alive or dead, has created bitcoin worth more than 4800 trillion US dollars. The bitcoin he owns exceeds 20 billion US dollars, and he has been sealed in his private key without moving. Bitcoin is about to usher in a flourishing age. Time to go back quietly. The Bitcoin white paper alone has condensed the energy of the past and the present.
They are the light of mankind in this world.
How easy is it to get through these four levels of mental strength?
From Miaomiao himself to all living beings. Are we a catalyst, a creator, or a bubble on top of a huge wave?
Those who have reached the state of mind and power to own the country and have sentient beings are the ones who truly act as catalysts and creators, and most sentient beings are just a bubble on top of a huge wave.
Therefore, when the high mountains stand up, stay in awe when the heart is not up.
For the past two years, for me, it means that my mental strength has not yet reached that state. There is nothing to say, face yourself honestly and re-train your mind.
3. Wealth that cannot be invested:
For the past year, I have been practicing, dealing with the company’s funeral affairs, dealing with everyone. On October 30, the matter was finally over.
On the way there, I was sitting in the back row of Didi, looking at the sunset in Beijing outside the window, and feeling that the air in the whole world was a breath of freedom.
I have experienced my mental strength breaking through into a wider space and the sky is brighter.
At that moment, I let go of the burden that I had carried over the past two years, let go of other people’s evaluations of me, let go of my own demands from the outside world, there is only my inner voice between heaven and earth, and I experience a higher level of power.
At that moment, my heart was empty, white and quiet, and all my senses were opened. I felt my pulse beating with the setting sun of heaven and earth, the breeze blowing through my ears, breathing the breath of freedom between heaven and earth.
This is a free experience that has not been available for so many years. It is also wealth that has not been invested for so many years.
For the past so many years, I have always used brain power. Use methods, models, and knowledge to fill your own cognition, and use cognition to maximize the realization.
But since the beginning of this year, I will be more attentive.
The investment market is the world’s Shura dojo, 7×24 hours ups and downs, affecting the inner greed, anger, infatuation, and desires. Is there anything better to cultivate your character than the investment market?
In the classic Zen story, the Sixth Patriarch Hui could see two monks discussing the movement of the wind, one said that the wind moved, the other said that the flag moved, and the Sixth Patriarch said: “Neither the wind moves, nor the flag moves, but the heart moves. “
The fundamentals, models, indicators, prices, and K-lines of the investment market fluctuate at any time. Are they moving?
The heart is moving.
Every moment, thousands of hearts collide to form a constantly beating asset price, like a dream bubble, like a dew and like electricity.
Therefore, practicing in the investment market tests brain power, and even more tests mental power.
There are too many noises and distracting thoughts, and it takes great effort to eliminate the noise, overcome the increase in entropy, and hear the real voice in the heart.
In 1983, Jobs said in an interview: “I followed my intuition and curiosity, and many things I encountered have since proved invaluable.”
The key is not to follow your heart, but Jobs has enough mental energy to eliminate all noise and distractions.
Jobs practiced sitting meditation for a long time for this, and said: “If you sit down and observe quietly, you will find how anxious your mind is. If you want to calm down, the situation will only get worse, but after a long time it will always be calm. When you come down, there will be space in your heart for you to listen to more subtle things-at this time your intuition begins to develop, you will see things more thoroughly, and you will be more able to feel the reality of the environment. Your mind gradually calms down and your horizons It will extend greatly. You can see things you couldn’t see before. This is a kind of practice and you have to keep practicing.”
This is also the way to cultivate mental strength.
Try to eliminate all noise and distractions, see the truth, and then have them. Look at yourself, look at the industry, look at the country, look at sentient beings, and then own yourself, own industry, own the country, and own sentient beings.
“Owning” means equating oneself, the industry, the country, and all beings as “I.”
It’s like we have our own right and left hands. If the left hand is suffering from rheumatism, the right hand will take care of it and minimize its pain as much as possible, instead of accusing the left hand of the problem, because the left hand is “I”. It means that they have both the light part and the dark part.
“Having” also means that even if everything is moving towards irregularity, disorder and chaos, there is enough mental strength to increase work against entropy. This process will be very painful.
This is also my mental journey in the past year, seeing the truth, owning it, and doing work against entropy. This journey is not only painful, but also the joy of suffering, which has made me rich in this stage of my life.
Finally, as a summary, the wealth that I could not invest in the past year:
1. The law of entropy increase says that in an isolated system, if there is no external force to do work, its total entropy will continue to increase. Each of our lives is in this process of resisting the increase in entropy, and this force that constantly works on the life system is the mind.
2. In 18 years I wrote:
The essence of investment is the realization of cognition. In the long run, a person’s wealth is ultimately matched with his cognition.
This sentence was later performed in many versions.
Now I think: a person’s cognition determines the amount of wealth, mental strength determines the level of achievement.
3. Mind power is the power to do work on the life system against entropy, and it is the power for self-realization in life.
4. The ladder of mental strength: look at yourself, industry, country, and sentient beings. Until they are equated with “I”, and finally reach the highest non-self, that is, the highest freedom.
5. How to cultivate mental strength?
Set it first, let the heart calm down;
Look again, throw away all the noise and distracting thoughts from the outside world, and open the horizon to see the real signal and power;
Re-owning, owning oneself, owning an industry, owning a country, owning all beings, use real power to lead life, and do work against pain against entropy.
Sixth, the mind will tell you what is the most important thing. The mind will not deceive, but the brain will deceive. In order to escape the real self, the brain will do everything possible to deceive itself.
7. The person most easily deceived is himself. The smarter people are, the easier it is to deceive themselves. Being absolutely honest with yourself requires a lot of effort and courage.
8. Deciding whether or not to invest in the company depends on the founder’s effort.
Nine, invest brain power, but also use heart power. Data deceives people, logic deceives people, mental energy often does not deceive, nor can it deceive people.
10. Investing decision-making, if you go through it with your brain and then go through it with your heart, you will basically not make a mistake. Judging people, choosing people, and marriage are the same principles, as are major decisions in life.
Eleven, beware that the force has not reached that state, and stay in awe. The mountain lifts up, Jingxing
I haven’t written an article for a long time. 2020 is a great era, but also a difficult era. Personal investment is like the violent collision of the stars and rain with the torrent of the times. As a participant, I paid a heavy price, but I finally gained valuable wealth. At the end of the year, write it down as a summary of the two years and recommend it to you who are destined to read this article.
1.
In August last year, I had a supper with my friend Super Jun at a food stall in Shenzhen. The summer night was like water, and the bright lights were shining on the steaming fireworks. I took a sip of Life One and said to Super Jun, “I want Take 90% of the bitcoins to invest in startups, and save 10% of the bitcoins for the children.”
I never thought that this sentence would come true.
In October last year, I told my friends around me that I am ready for 2020, which will start an unprecedented bull market. On the 17th, I made the last live broadcast and judged that Bitcoin is about to usher in a pre-dawn plunge, and finally started a big bull market:
Metropolis Capital Community Live E02: When will the bull market come? |BMAN
(Picture: Online live broadcast forecast on October 17, 2019)
I have calculated the ups and downs that the market is about to face, the death spiral of 312 miners, and the future direction of the market. I even counted countless ways that I might lose, but countless counts, no way to count, I will lose this way-just 10 days later we were asked to cooperate with the investigation.
On October 30, the hammer of fate was swung down silently. The feelings of people these days are cold and warm, right and wrong, as clear as the dream of last night, now it is ridiculously passing, it is no longer enough.
But the darkest moment of life is not the test of fate itself, but the situation that Qianfu refers to after this.
I looked at the eyes of the company’s employees, and there were thousands of thoughts in my heart: Why? Why does this happen to us?
In order to open up the liquidity of digital assets, we injected living water into this small stream and innovated products unprecedented in the industry. But as soon as we lighted a match, the giant wheel rolled over and extinguished the flame.
In the past year, I have had difficulty swallowing the bitter fruit. Many people have sent me encouragement, support, regret and abuse. Whether it is good or bad, facing employees, investors, users, and even friends and benefactors, I have thought about avoiding . Rather than avoid facing them, it is more difficult for me to face myself.
Allen Ginsberg said:
“No one knows whether our role is a catalyst, a creator, a bubble on top of a huge wave, or a combination of all three.”
The tide of Bitcoin is rolling forward. Old people in many industries have already gone ashore. Many people are still on the cusp of the storm, and some people were killed on the beach by the wave.
Are we a catalyst, a creator, or a bubble on top of a huge wave?
I have been asking questions this year. Until recently I found the answer that made me feel relieved, and my life suddenly became bright.
2. There is a Zen story:
A monk, every time he meditates, he will meet a big spider in his mind.
The monk went to ask the master what to do. The master told him to take a pen the next time he entered the Dharma, and if the spider comes again, draw a circle on its chest to make a mark to see which monster it is.
The monk did so, and when he drew a circle on the spider’s chest, the spider went away, and he was in peace.
After leaving the appointment, he suddenly found that the circle was on his chest.
The problem that I have been searching for is in my heart.
And the answer to the question is actually in my own heart-it is a question of mental strength.
What is mental strength?
Use the law of entropy increase to explain: in an isolated system, if there is no external force to do work, its total confusion (ie entropy) will continue to increase.
Life is such a system, and every life is in the process of resisting the increase in entropy, and this force that constantly works on the life system is mental strength.
In other words, mental power is the power of self-realization in life.
Kazuo Inamori said: “Life is consistent with the mind, and the strong will will be manifested in a certain way. If you look at it in 20, 30 or more years, most people’s life is that they have been in The picture painted in my heart.”
So what can go wrong with mental strength?
I roughly divide the mind force into four levels:
1. The first level is the microcosm, see yourself.
What is to see yourself? First is to see yourself, then to own yourself.
See your own fragility, escape, fear, greed, and ego, see the brightest place in your heart, and the darkest place.
Then own yourself, own yourself completely. Reconcile everything with yourself. Being aware of the thoughts coming out of one’s heart at any time, being aware of the icebergs under the sea, when they come out, they can experience them and get along well, which requires a lot of mental energy.
2. The second layer is a small view, depending on the industry.
Not only see an industry, but also own it.
What are the opportunities in this industry? What’s the problem? What is the eternal factor in this industry? What are the bright and dark aspects of this industry?
Then there is to own the industry: own the darkest part of this industry, but also own the brightest part of it. Putting the entire industry in your own mind, such a person can already be called the leader and leader of the industry, and naturally requires a lot of effort.
3. The third layer is the middle view, which depends on the country.
See this country, and then own this country.
See the reality of the country, see what the country needs, what the government needs, and what the people need? What kind of situation is the country facing? Is your career just for the benefit of the industry and yourself, or have you considered the interests of the country? What problems have you solved for the country and why can you continue to enjoy the dividends of the industry and the country?
Then it is to own this country, see the truth of the country clearly, and still put the country into their own minds. Such a realm is already achieved by very few people.
At the current stage in China, it is time to test the mid-levels of entrepreneurs. In an era of tension between nations. The government relationship of an enterprise is no longer a good relationship with the government, but about what kind of problems it can solve for the country.
Mesopotamia has given the current entrepreneurs and investors a great test. The mentality is as strong as Jack Ma and Ren Zhengfei, and as big as Ant Financial and Huawei, they are all blocked by the test at the national level. The greater the ability, the greater the responsibilities. To shoulder these responsibilities requires a lot of effort.
I believe that Jack Ma’s speech on the Bund, able to say “China’s financial pawnshop thinking”, must have taken a very test of people’s efforts;
Ren Zhengfei sent off the glory with a paper handwritten book: “You are leaving, there is nothing for you, except for the yellow leaves that are blown down by the autumn wind.” This kind of mental effort is beyond the reach of others. Mr. Ren has already put the whole China into his own mind.
4. Go up one level and look at sentient beings.
It transcends the country and stands on the level of the entire human race. First see sentient beings, then own sentient beings. The mental power at this level is for mankind to open up new frontiers.
There is an English proverb:
Shoot for the moon,even you miss,you’ll land among the stars.
Head towards the moon, even if you die, you will die among the shining stars.
In this era, I think there are two such entrepreneurs, one is Elon Musk, opening up a new frontier of human homeland; the other is Satoshi Nakamoto, opening up a new frontier of human assets.
Elon Musk sold PayPal for US$180 million, all used to start a business, SpaceX, Tesla, SolarCity, everything is to achieve the ultimate dream of human immigration to Mars. Working 100 hours a week, after life and death, consumes inhuman effort.
Satoshi Nakamoto, whether he is alive or dead, has created bitcoin worth more than 4800 trillion US dollars. The bitcoin he owns exceeds 20 billion US dollars, and he has been sealed in his private key without moving. Bitcoin is about to usher in a flourishing age. Time to go back quietly. The Bitcoin white paper alone has condensed the energy of the past and the present.
They are the light of mankind in this world.
How easy is it to get through these four levels of mental strength?
From Miaomiao himself to all living beings. Are we a catalyst, a creator, or a bubble on top of a huge wave?
Those who have reached the state of mind and power to own the country and have sentient beings are the ones who truly act as catalysts and creators, and most sentient beings are just a bubble on top of a huge wave.
Therefore, when the high mountains stand up, stay in awe when the heart is not up.
For the past two years, for me, it means that my mental strength has not yet reached that state. There is nothing to say, face yourself honestly and re-train your mind.
3. Wealth that cannot be invested:
For the past year, I have been practicing, dealing with the company’s funeral affairs, dealing with everyone. On October 30, the matter was finally over.
On the way there, I was sitting in the back row of Didi, looking at the sunset in Beijing outside the window, and feeling that the air in the whole world was a breath of freedom.
I have experienced my mental strength breaking through into a wider space and the sky is brighter.
At that moment, I let go of the burden that I had carried over the past two years, let go of other people’s evaluations of me, let go of my own demands from the outside world, there is only my inner voice between heaven and earth, and I experience a higher level of power.
At that moment, my heart was empty, white and quiet, and all my senses were opened. I felt my pulse beating with the setting sun of heaven and earth, the breeze blowing through my ears, breathing the breath of freedom between heaven and earth.
This is a free experience that has not been available for so many years. It is also wealth that has not been invested for so many years.
For the past so many years, I have always used brain power. Use methods, models, and knowledge to fill your own cognition, and use cognition to maximize the realization.
But since the beginning of this year, I will be more attentive.
The investment market is the world’s Shura dojo, 7×24 hours ups and downs, affecting the inner greed, anger, infatuation, and desires. Is there anything better to cultivate your character than the investment market?
In the classic Zen story, the Sixth Patriarch Hui could see two monks discussing the movement of the wind, one said that the wind moved, the other said that the flag moved, and the Sixth Patriarch said: “Neither the wind moves, nor the movement, but the heart moves. “
The fundamentals, models, indicators, prices, and K-lines of the investment market fluctuate at any time. Are they moving?
The heart is moving.
Every moment, thousands of hearts collide to form a constantly beating asset price, like a dream bubble, like a dew and like electricity.
Therefore, practicing in the investment market tests brain power, and even more tests mental power.
There are too many noises and distracting thoughts, and it takes great effort to eliminate the noise, overcome the increase in entropy, and hear the real voice in the heart.
In 1983, Jobs said in an interview: “I followed my intuition and curiosity, and many things I encountered have since proved invaluable.”
The key is not to follow your heart, but Jobs has enough mental energy to eliminate all noise and distractions.
Jobs practiced sitting meditation for a long time for this, and said: “If you sit down and observe quietly, you will find how anxious your mind is. If you want to calm down, the situation will only get worse, but after a long time it will always be calm. When you come down, there will be space in your heart for you to listen to more subtle things-at this time your intuition begins to develop, you will see things more thoroughly, and you will be more able to feel the reality of the environment. Your mind gradually calms down and your horizons It will extend greatly. You can see things you couldn’t see before. This is a kind of practice and you have to keep practicing.”
This is also the way to cultivate mental strength.
Try to eliminate all noise and distractions, see the truth, and then have them. Look at yourself, look at the industry, look at the country, look at sentient beings, and then own yourself, own industry, own the country, and own sentient beings.
“Owning” means equating oneself, the industry, the country, and all beings as “I.”
It’s like we have our own right and left hands. If the left hand is suffering from rheumatism, the right hand will take care of it and minimize its pain as much as possible, instead of accusing the left hand of the problem, because the left hand is “I”. It means that they have both the light part and the dark part.
“Having” also means that even if everything is moving towards irregularity, disorder and chaos, there is enough mental strength to increase work against entropy. This process will be very painful.
This is also my mental journey in the past year, seeing the truth, owning it, and doing work against entropy. This journey is not only painful, but also the joy of suffering, which has made me rich in this stage of my life.
Finally, as a summary, the wealth that I could not invest in the past year:
1. The law of entropy increase says that in an isolated system, if there is no external force to do work, its total entropy will continue to increase. Each of our lives is in this process of resisting the increase in entropy, and this force that constantly works on the life system is the mind.
2. In 18 years I wrote:
The essence of investment is the realization of cognition. In the long run, a person’s wealth is ultimately matched with his cognition.
This sentence was later performed in many versions.
Now I think: a person’s cognition determines the amount of wealth, mental strength determines the level of achievement.
3. Mind power is the power to do work on the life system against entropy, and it is the power for self-realization in life.
4. The ladder of mental strength: look at yourself, industry, country, and sentient beings. Until they are equated with “I”, and finally reach the highest non-self, that is, the highest freedom.
5. How to cultivate mental strength?
Set it first, let the heart calm down;
Look again, throw away all the noise and distracting thoughts from the outside world, and open the horizon to see the real signal and power;
Re-owning, owning oneself, owning an industry, owning a country, owning all beings, use real power to lead life, and do work against pain against entropy.
Sixth, the mind will tell you what is the most important thing. The mind will not deceive, but the brain will deceive. In order to escape the real self, the brain will do everything possible to deceive itself.
7. The person most easily deceived is himself. The smarter people are, the easier it is to deceive themselves. Being absolutely honest with yourself requires a lot of effort and courage.
8. Deciding whether or not to invest in the company depends on the founder’s effort.
Nine, invest brain power, but also use heart power. Data deceives people, logic deceives people, mental energy often does not deceive, nor can it deceive people.
10. Investing decision-making, if you go through it with your brain and then go through it with your heart, you will basically not make a mistake. Judging people, choosing people, and marriage are the same principles, as are major decisions in life.
Eleven, beware that the force has not reached that state, and stay in awe. The mountain rises and the scenery stops. Weakness and ignorance are not obstacles to survival, arrogance is.
Today is Christmas Eve, I wish peace and health, and a happy New Year.
behavior. Weakness and ignorance are not obstacles to survival, arrogance is.
