Today I spent over an hour reading a book called “Valuable Life Advice.” The content is quite short, and to be honest, it’s all correct but generic inspirational advice—good enough to pass some leisure time.
Although the content is just average, there was one passage that made me pause for a few seconds, and I couldn’t help but jot it down:
A wise person once said, before you speak, let your words pass through three gates:
The first gate: “Is it true?”
The second gate: “Is it necessary?”
The third gate: “Is it kind?”
After what you want to say has passed through these three gates, you can then decide whether to say it or not.
Think about how many arguments, misunderstandings, and conflicts in our daily lives are caused by words that come out without thinking. Speaking well, telling the truth, saying what’s necessary, and being kind—that’s actually the most basic practice for adults. 📷
2.
Last night ETH surged, and when I checked today it had risen above 3000+. Not sure what positive news triggered it. I came across a discussion about the potential returns from investing in ETH. What if you had bought $10,000 worth of ETH ten years ago?
“If I had invested $10,000 in Ethereum in 2015, I’d have $200 million now.”
No.
If you bought $10,000 worth of ETH in 2015 and watched it rise to:
$10,000 → $1,000,000 → $14,000,000
And did nothing
Then watched $14,000,000 drop to $390,000.
Still did nothing
Then watched $390,000 rise to $30,000,000.
Still did nothing
Then watched $30,000,000 shrink to $1,200,000.
Still did nothing
Then watched $1,200,000 skyrocket to $93,000,000.
Still did nothing
Then watched $93,000,000 shrink to $5,300,000.
Then watched $5,300,000 soar to $323,000,000.
Still did nothing
Then watched $323,000,000 shrink to $54,000,000. Still did nothing
Then watched $54,000,000 rise to $200,000,000.
And somehow, finally decided to do something...
Then, $10,000 in 2015 would be worth $200 million today.
The path from $10,000 to $200 million is not a straight line, but rather:
+100x
-90%
+70x
-95%
+80x
-85%
+40x
If you sold at any of these points, you wouldn’t have today’s result.
Most people can’t replicate this because emotionally it’s unbearable.
You have to accept:
$14,000,000 dropping to $390,000 (down 97%)—most people would go crazy
$30,000,000 dropping to $1,200,000 (down 96%)
$930,000,000 dropping to $5,300,000 (down 99.4%)
From the past 10 years of ETH’s chart, the conclusion is: Getting rich isn’t about buying at the right point—it’s about having the right mindset.
True long-term returns come from enduring volatility that others can’t handle.
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1.
Today I spent over an hour reading a book called “Valuable Life Advice.” The content is quite short, and to be honest, it’s all correct but generic inspirational advice—good enough to pass some leisure time.
Although the content is just average, there was one passage that made me pause for a few seconds, and I couldn’t help but jot it down:
A wise person once said, before you speak, let your words pass through three gates:
The first gate: “Is it true?”
The second gate: “Is it necessary?”
The third gate: “Is it kind?”
After what you want to say has passed through these three gates, you can then decide whether to say it or not.
Think about how many arguments, misunderstandings, and conflicts in our daily lives are caused by words that come out without thinking.
Speaking well, telling the truth, saying what’s necessary, and being kind—that’s actually the most basic practice for adults.
📷
2.
Last night ETH surged, and when I checked today it had risen above 3000+. Not sure what positive news triggered it.
I came across a discussion about the potential returns from investing in ETH. What if you had bought $10,000 worth of ETH ten years ago?
“If I had invested $10,000 in Ethereum in 2015, I’d have $200 million now.”
No.
If you bought $10,000 worth of ETH in 2015 and watched it rise to:
$10,000 → $1,000,000 → $14,000,000
And did nothing
Then watched $14,000,000 drop to $390,000.
Still did nothing
Then watched $390,000 rise to $30,000,000.
Still did nothing
Then watched $30,000,000 shrink to $1,200,000.
Still did nothing
Then watched $1,200,000 skyrocket to $93,000,000.
Still did nothing
Then watched $93,000,000 shrink to $5,300,000.
Then watched $5,300,000 soar to $323,000,000.
Still did nothing
Then watched $323,000,000 shrink to $54,000,000.
Still did nothing
Then watched $54,000,000 rise to $200,000,000.
And somehow, finally decided to do something...
Then, $10,000 in 2015 would be worth $200 million today.
The path from $10,000 to $200 million is not a straight line, but rather:
+100x
-90%
+70x
-95%
+80x
-85%
+40x
If you sold at any of these points, you wouldn’t have today’s result.
Most people can’t replicate this because emotionally it’s unbearable.
You have to accept:
$14,000,000 dropping to $390,000 (down 97%)—most people would go crazy
$30,000,000 dropping to $1,200,000 (down 96%)
$930,000,000 dropping to $5,300,000 (down 99.4%)
From the past 10 years of ETH’s chart, the conclusion is:
Getting rich isn’t about buying at the right point—it’s about having the right mindset.
True long-term returns come from enduring volatility that others can’t handle.