Opportunities and Hopes for Ordinary People

In Saturday's online communication, a reader left a message discussing his situation:

He lives in a relatively remote area, has no conditions to go out, has a family with children, earns a few thousand yuan a month, and is also paying for a small house. He asked what to do in such a situation.

If I were in this situation, I would primarily focus on risks and be relatively conservative. Because once I fall into risk, it would not only drag me down but also the entire family. Then, under the premise of being as conservative as possible, I would slowly look for opportunities while maintaining stability.

For the average person, I believe the so-called opportunities fall into two categories: entrepreneurial opportunities and investment opportunities.

In the current environment of our country, looking ahead to the next 10 years, for ordinary people (with limited education, skills, and average family conditions), I do not see any particularly good entrepreneurial opportunities.

So, it’s best to avoid entrepreneurship.

What remains are investment opportunities.

In the case of this reader, I think the more suitable investment opportunities are probably three: cryptocurrency assets, A-shares, and overseas stock markets.

Since this reader can read my articles, access Twitter, and leave comments asking questions, I suspect he must have some cryptocurrency assets.

I think this is his biggest and rarest opportunity.

To seize this opportunity as much as possible, I suggest he simply convert all his cryptocurrency assets into Bitcoin and Ethereum right now, leaving no other coins. Then, withdraw the Bitcoin and Ethereum into his cold wallet and never pay attention to them again. What remains is to endure strongly day after day.

Endure until he completely ignores market trends and the bull-bear cycle, and only consider selling them when absolutely necessary in his lifetime. Moreover, when selling, he should sell as much as he needs, keeping the rest.

I conservatively estimate that in our generation's lifetime, holding these two coins will at least see a tenfold increase------this is also why I am increasingly inclined to hold long-term.

However, in this process, trading mentality (swing trading) is the biggest enemy, so it’s better to ignore market trends, forget about it, and cut off the temptation of trading mentality.

As for A-shares, unless this reader has been involved for several years and has a mature, systematic profit logic and operation method, I do not recommend that he venture into A-shares.

This reader may find it difficult to go beyond mainland China, so I estimate that investing in overseas stocks is not easy for him, which means there are basically no opportunities to buy overseas individual stocks. At most, he can only invest in overseas indices through domestic funds-----this counts as another small opportunity.

But for the average investor, whether one can hold onto index funds is also a significant test; if one cannot hold on, losses will still occur. Therefore, I suggest that if he wants to be conservative, it might be better to give up this small opportunity.

The reader also mentioned that opportunities to go to the Pearl River Delta or Yangtze River Delta are limited, and he can basically only stay in his hometown.

Staying in his hometown means there are certain risks compared to big cities in terms of legal systems and (financial) security. Therefore, I suggest this reader should keep a portion of cash on hand rather than putting all his money in the bank. This cash should not be considered for lost interest; it should be treated as emergency reserve money.

Finally, this reader already has a family and children, and is paying for a house, which are significant expenses, and the burden in this regard will only increase in the future. In this situation, the primary task is still to save enough for 18 months of living expenses and then find ways to work hard and earn more money.

To summarize, my suggestions are:

• Save enough for 18 months of living expenses and work hard to earn more money;

• Always keep a portion of cash on hand, do not put all money in the bank;

• Endure external interference and firmly hold onto Bitcoin and Ethereum, and it’s okay to give up other investment opportunities.

I believe if he can achieve these points, in ten years, this reader and his family's situation should see significant improvement.

Wishing this reader good luck on his journey.