The madness of DeFi in the summer of 2020 taught me to write my own destiny equation with smart contracts. When I added ETH to a liquidity pool on Uniswap, I suddenly realized that it was like dropping an anchor in the digital ocean - I had to withstand the impermanence of the tides and believe in the eternity of the underlying mathematics. When the NFT craze swept, my collection of crypto punks was exhibited in the Metaverse Gallery, and the string of hash values built a rainbow bridge between virtual and reality.
Now, the front page of my trading log reads Peter Lynch's warning: "The nightmare of professional investors is that retail investors believe in the alchemy of turning stones into gold." When the black swan of the LUNA collapse passed by, the risk threshold set in advance automatically triggered the stop-loss order. Looking at the widespread grief on social media, I brewed a cup of Pu'er and wrote the 37th edition of the "Position Management Guide" for my new colleagues.
After seven years of reincarnation, the crypto market has completed the spiritual domestication of participants with its extreme volatility. The sting of a late-night liquidation, the regret of missing out on a 100x coin, and the ecstasy of successfully escaping the top, all eventually settle into cold numbers on the trading terminal. In this casino without a central bank guarantee, we are both dealers and gamblers, and in the alternation of yin and yang of each K-line, we can see the reflection of our souls. When the fifth Bitcoin halving came, I turned off the market software and walked into the night, knowing that the real bull market always grows in the eternal game between human nature and machine algorithms.