When I first entered the crypto circle, I was just a novice! What insider information? What resources? None at all! It was all thanks to trending searches and news blowing things out of proportion that I dove headfirst into this colorful world.
First layer: the ignorant are fearless, inflated to the point of explosion!
At the beginning? Cowardly? Not at all! Money comes like a strong wind, a small bet makes a profit! Watching others become rich, I regretted not betting everything back then—why didn’t I go all in? My courage grew immediately, I even borrowed money to invest! Money came even faster! At that time, I felt so high, thinking that working was simply a waste of life!
So what happened? Just when I wanted to show my skills, I was ruthlessly pressed down by the market! When the whole market is shouting 'go all in', that’s the very end of the bull market, where the bubbles are the largest and the pits are the deepest! Just having ambition without patience? The only outcome is: losing so badly that even your mother wouldn't recognize you! Really, ordinary people all follow this script! When the bear market comes, it directly stuns a large number of people.
What's worse than losing money? I quit my job! I thought working was for fools! Worse still, I borrowed money to play and ended up with a mountain of debt! Paying back every month felt like a death sentence! The bear market was just torturous, all the ups and downs were fake moves, and the hot stocks were all 'one-day tours'. If you chase after them, you die; not being greedy and making small trades occasionally might allow you to sip some soup. The market specializes in punishing those who don’t know their place and hitting the bold while occasionally rewarding the 'laid-back'.
After years of tossing and turning, my ambition is gone, leaving only the 'muscle memory' of trading in waves. The most heartbreaking thing isn't losing money, but suddenly realizing I have no skills at all! In a bull market, I made money by luck, and in a bear market, I lost it all back by strength! Watching coins drop to pieces, I just feel it's all a scam! At this point, those with money are scared to death, and those with guts have already lost everything! Disheartened, I uninstall the app and return to reality. In the group? It's dead silent.
Second layer: a frightened bird, afraid to catch opportunities even when they are thrown in the face!
Just when you think it's the end of the world, the market... it quietly starts to rise! One day I looked, wow! The coins that have been stuck for years have finally broken even! Occasionally in the group someone pops up and asks, 'Is the bull market here?' As an old player who has been beaten down, my first reaction? Run! Quickly sell! Get my cost back, take a deep breath, and never look again!
No incremental funds, what’s the basis for a bull market? It will definitely drop back down! So what happened? The market shot up like crazy, and after dropping for just two days, it reached a new high! News of newcomers getting rich started to come out, and the old brothers in the group began to stir: 'Is the bull really here?' I looked around and saw that my comrades from back then were either completely out of the market or silent.
The rest is like quitting gambling; I put in some salary and my hands tremble when betting! What about my spirit? It's long gone! Chasing the rise? I dare not! Hot stocks? I'm terrified! And me? I'm not convinced! I feel it's all a bubble! But I'm envious of the rise, what to do? I can only buy some 'old acquaintances' for stability.
When the old antiques in my hand finally started to rise, and the old players in the group began to shout 'the bull market is really here,' I felt a jolt in my heart. It's over! It’s about to end! Last time I went all in at this point, and I was stuck for three years! Although I didn’t make much, the bear market taught me to respect risk. I quietly liquidated my positions and secured my profits. After this round? Experience +1, wealth? Still far away. I started to resign myself to fate: just having patience without ambition won't make me rich.
Third layer: enlightenment! Ambition + patience = a nuclear bomb!
If you can endure to this point, you are definitely a tough person! Experiencing a complete bear market plus a bull-bear cycle is like a child finally understanding that there are four seasons in a year. I understand that in summer (bull market), it’s so hot people want to swim naked, and in winter (bear market), those who haven’t dressed enough will freeze to death! There will be unusual weather in between (fluctuations), but in the big cycle, you can't escape! I also understand: the cycle of the four seasons never changes, and human nature's greed and fear never change! There are really no fresh stories in the market! At this point, those still at the poker table are rare species. Those who can honestly review and summarize their own gameplay are even rarer.
So, my dear, if you want to survive in this battlefield and even make a profit? Peeling back three layers of skin is just the starting price! Only after enduring can you truly enter! So, I have mixed feelings about this market!
