A Casual Talk on the Timing of Cryptocurrency Investment: The Objectivity of Time and the Subjectivity of Human Nature

Time is essential to life,

and also a key element of investment.

It’s hard to explain in one or two sentences,

so I will dedicate a series to discuss it.

Let’s talk about the usefulness of time,

and how we should treat it.

The concept of time seems unnecessary to elaborate on,

everyone can understand it.

Our age,

every day, every second, is calculated based on time.

But in fact, time is an illusion.

This is not my saying,

it’s Einstein’s.

Einstein was a famous physicist,

and a Nobel laureate.

He believed that,

time is like a movie,

an illusion created by humans.

We always feel that the people in the movie are moving,

but in reality, it’s a series of continuous photos flashing rapidly,

creating an illusion of continuity.

This continuous process is actually constructed by our brains.

For example,

I see the clothes as black,

but whether the clothes are actually black,

is hard to say.

It’s very likely that light hits my clothes,

and the coating on them absorbs all colors.

Thus,

my retina can’t see reflections,

and the visual nerves can’t perceive it,

so my brain translates it as “black.”

This translation has nothing to do with the properties of the clothes themselves,

it’s just our subjective feeling.

Or rather,

black is an illusion.

This illusion varies among different animals.

For example,

a dog seeing this piece of clothing,

probably doesn’t see black,

but another color or symbol,

a symbol a dog can understand.

So,

the coating on the clothes itself has no color,

what you see as black is just your subjective perception and understanding.

Similarly,

many things that humans think objectively exist are actually illusions.

Einstein’s theory of relativity tells us,

that time is relative,

the so-called “one day in the sky, one year on the ground.”

The faster an object moves,

the slower its time passes.

This has been scientifically confirmed.

For example,

a spaceship traveling at high speed,

causes the time measured on it to be slower than on Earth.

In other words: time is relative,

its length depends on the reference frame of measurement.

Of course,

the idea that time is an illusion has nothing to do with relativity.

Humans live on Earth,

and believe that time is absolute,

objective,

and evenly continuous.

Based on this,

we cannot see time as subjective.

This is very important for understanding investment,

because time is a crucial element in investing.

Of course,

investment can be analyzed from many dimensions.

Just like analyzing the human body,

it can be done through the circulatory system like the heart and blood,

or through the nervous system.

Now, let’s look at investment from the perspective of time,

and later through other angles,

to deepen our understanding of investment.

To summarize,

time is objective,

it does not change with subjective feelings,

especially the speed and duration of time,

are absolute.

What does this mean for investors? It means,

time won’t speed up just because you want to get rich overnight,

stocks won’t skyrocket in a short time just because of your subjective wishes,

they will rise as they should.

The fundamental factors behind stocks won’t change immediately,

businesses need to be built one deal at a time,

products need to be made one by one.

Even the best companies,

if their stock prices can increase a hundred or two hundred times,

like Alibaba and Tencent,

that still takes ten or twenty years to realize.

You can’t have a subjective mindset of getting rich overnight,

or you’ll miss out on even the best stocks.

Therefore,

pursuing overnight wealth

is essentially denying the objectivity of time.

You always want to rush things,

expecting instant results.

In this way,

you will be disturbed by short-term fluctuations in stock prices,

becoming a slave to the market.

When stock prices fall sharply,

you become fearful,

dare not to buy.

Even if you buy,

you lack patience,

and can’t hold stocks for the long term.

This is a failure to rationally accept the objectivity of time,

without overcoming human nature and subjective fantasies,

ultimately leading you to see the right stocks,

but unable to act in harmony with your knowledge,

missing out on big winners.

The objectivity of time corresponds to subjective delusions and impatience in human nature,

favoring wishful thinking and rushing.

We must respect the objectivity of time,

overcome human flaws,

only then can we succeed in investing.

$TAO **$CGPT **$ID