Experience and understanding of heavy positions in high-quality assets

In yesterday's article, I shared with you the warnings of two senior investors:

First, we must cherish high-quality assets and hold them;

The second is to make friends with time for high-quality assets, so that high-quality assets can continue to accumulate value and bring returns through the fermentation of time.

In addition, I think there is another point that is also very important, that is, we must dare to hold heavy positions in high-quality assets.

Among almost all the senior investors I have seen, no matter what investment method or speculation method they use, there is one thing that is almost common:

That is, they must have a decisive point in their past investment experience, and at that decisive point, they became famous because of their heavy positions in operating a certain investment target, and laid a solid foundation for the continued opening and listing later.

Some people say that this is the first pot of gold, some people say that this is the god of World War I------- no matter how you describe it, it is to show that the heavy position operation played a key role in their life and career.

If there is no heavy position operation, this project sprinkles some water, which project to try, even if a project ends up 100 times, because the principal invested by the trial hand is generally very small, which will lead to a small overall return.

And even if the return of a project can be 100 times, whether investors can definitely invest in such a project, and whether it can get it to rise 100 times after investing in such a project, there is great uncertainty, and it is difficult to bring a high degree of certainty to the investment.

My own experience confirms this truth.

When I first entered the crypto ecosystem, I operated indiscriminately. There are all sorts of messy things, Bitcoin is bought and sold, Ethereum can't remember whether it was bought or not bought (it seems to be a little), there are some EOS (I still have some ERC-20 EOS tokens that have not been converted into mainnet tokens), as for Litecoin, Ripple, TRON...... Not to mention, I have all the varieties that were popular back then.

Later, when I was lucky enough to realize that most tokens on the market were worthless, I decisively emptied all the clutter on my hand, leaving only large positions in Bitcoin and Ethereum.

In this regard, my advice to readers in past articles is that Bitcoin + Ethereum accounts for at least 50%, and myself it is more than 60%.

The holding of large positions in these two varieties has been through all my operations since then, and I have strictly adhered to and never violated:

When I want to continue buying, I mainly buy Bitcoin and Ethereum.

When I get harvest monetization in other fields, I exchange back mainly Bitcoin and Ethereum if not stablecoins.

On the one hand, this operation has brought confidence to my other operations later----- no matter how much I fool around and invest in other varieties, even if the income caused by those nonsense behaviors returns to zero, it will not affect my fundamentals.

On the other hand, it also brings a solid guarantee to my overall return.

Therefore, heavy positions in high-quality assets are very critical.

But there is a point in this operation that is difficult for ordinary retail investors to grasp in other investment fields:

How do I know if my heavy assets are high-quality assets?

In case my heavy assets are inferior assets, wouldn't it be completely over?

For example, many people are optimistic about US stocks, we might as well ask ourselves, if we can buy without obstacles, do we dare to buy which stock? Or which stocks?

Nvidia? Tesla? Google? Meta？ ......

I myself still don't dare so far, I only dare to try a small position.

At this point, I quite admire senior investors like Buffett and Duan Yongping who dare to hold heavy positions in certain stocks for a long time.

But the crypto ecosystem is different, I think most retail investors should be very aware that there are high-quality assets that everyone recognizes:

I think it's Bitcoin and Ethereum.

Of course, there are also investors who only have confidence in Bitcoin. Even so, this shows that the crypto ecosystem has given retail investors a very unique advantage compared to other investment fields.

At least every retail investor should be confident and bold to maintain a heavy position in the crypto assets they are very confident in, and not go half a step beyond the minefield.

If this is not possible, it may not be easy to reap the long-term benefits of the crypto ecosystem.