Losing a bit of money on copying coins and then starting to complain? Why not take a look at this debt ranking of domestic entrepreneurs? Maybe you'll gain a new perspective on your own losses.
The data is right here. Evergrande's Xu Jiayin owes as much as 2.4 trillion, Country Garden's Yang Guoqiang carries 1.7 trillion in debt, and Sun Hongbin of Sunac owes 850 billion. Going down the list, business giants like Xu Rongmao, Wang Wenbin, and Wang Zhenhua also have debts ranging from hundreds of billions to over a trillion. Even group chairmen like Guo Yingcheng, Yao Zhenhua, and Guo Zining have debts starting from over a hundred billion.
Compared to these figures, your losses are really negligible.
Interestingly, why are these people still doing well? Because they understand a principle: losing money itself isn't scary; what's scary is the mental breakdown first. The market won't give in to your complaints just because you shed tears. Those who truly make it to the end are never the luckiest, but the ones with a consistently stable mindset.
Investing involves risks, especially in highly volatile environments like the crypto market. But everyone has experienced big ups and downs; the key is how you survive through them. Staying rational, controlling risks, and avoiding excessive leverage are more important than anything else. Losses are just temporary numbers; a shattered mindset is the real dead end.
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NotGonnaMakeIt
· 21h ago
Haha, just kidding. Our losses are really just a drop in the bucket.
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GigaBrainAnon
· 21h ago
Haha, this comparison is really amazing. My thousands of yuan loss suddenly doesn't seem like a big deal anymore.
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GasFeeCrier
· 21h ago
Haha, mindset is indeed key, but the big players can bounce back despite owing so much because they have assets. As for us retail investors, once we lose, it's really gone.
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MEVvictim
· 21h ago
Haha, you're right. Mindset really is more important than anything... But I still think these big shots can hold on because they have cash flow in hand. As retail investors, when we lose, it's just game over.
Losing a bit of money on copying coins and then starting to complain? Why not take a look at this debt ranking of domestic entrepreneurs? Maybe you'll gain a new perspective on your own losses.
The data is right here. Evergrande's Xu Jiayin owes as much as 2.4 trillion, Country Garden's Yang Guoqiang carries 1.7 trillion in debt, and Sun Hongbin of Sunac owes 850 billion. Going down the list, business giants like Xu Rongmao, Wang Wenbin, and Wang Zhenhua also have debts ranging from hundreds of billions to over a trillion. Even group chairmen like Guo Yingcheng, Yao Zhenhua, and Guo Zining have debts starting from over a hundred billion.
Compared to these figures, your losses are really negligible.
Interestingly, why are these people still doing well? Because they understand a principle: losing money itself isn't scary; what's scary is the mental breakdown first. The market won't give in to your complaints just because you shed tears. Those who truly make it to the end are never the luckiest, but the ones with a consistently stable mindset.
Investing involves risks, especially in highly volatile environments like the crypto market. But everyone has experienced big ups and downs; the key is how you survive through them. Staying rational, controlling risks, and avoiding excessive leverage are more important than anything else. Losses are just temporary numbers; a shattered mindset is the real dead end.