Building an encryption investment system: The key to improving decision-making efficiency

In the encryption market, making frequent decisions at random can often be exhausting. To improve returns, the key lies in mastering systematic thinking. This article will provide you with a detailed introduction on how to establish an investment system in the cryptocurrency field, helping you avoid emotional interference that affects returns.

The Essence of Systems Thinking

Systems thinking is a collection of behaviors and habits; consistently executing these behaviors and habits can drive you towards your goals. It's like finding the right path for your objectives. Applying this mindset to the encryption field will bring about significant changes.

The Importance of Establishing an Encryption Investment System

Humans are often influenced by emotions and biases, and designing a system is like creating investment software for the brain. It can simplify the decision-making process, making investing easier while enhancing the objectivity of decisions. Here are 10 specific examples:

1. Develop a purchasing strategy

You can develop the habit of regularly investing in blue-chip stocks on a fixed date each month, rather than overly focusing on technical indicators or trying to time the market. This allows you to concentrate your efforts on research and other aspects of life.

2. Portfolio Allocation

Set goals for each part of the investment portfolio and make timely adjustments when a certain area occupies too high a proportion.

3. Profit Strategy

Establish a clear profit formula rather than deciding based on feelings or time.

4. Earnings Withdrawal Plan

For protocols that cannot automatically reinvest, establish a fixed income withdrawal plan, such as receiving funds every Monday and Thursday afternoon, and record it in the calendar.

5. Data Tracking

Establish trading logs, cost spreadsheets, use data analysis tools, and pay attention to the movements of influential figures, etc.

6. Investment Evaluation Checklist

Create a protocol evaluation checklist, including reviewing the white paper, researching the team's background, checking the audit situation, and assessing community participation, etc.

7. Information Intake Management

Carefully filter the information received daily, including social media, podcasts, newsletters, etc., to eliminate worthless content.

8. Standardization of Research Processes

Establish a formal research process, including reading official documents, analyzing team backgrounds, reviewing audit situations, and evaluating community activity levels, etc.

9. Cultivate good habits

By setting calendar reminders, fixed schedules, and simplified checklists, transform systematic thinking into daily habits.

10. Use the system to protect profits

During times of heightened emotions, following a set system can help you make rational decisions and avoid losses due to excessive optimism.

Conclusion

System thinking can greatly reduce decision fatigue. By systematizing small decisions, you can focus your energy on more impactful big matters. Although system thinking is not innate for some people, once mastered, it will make various aspects of life simpler and more efficient.