On the evening shift on December 1st, I was chatting with my colleagues about the topic of Moments. I said that my circle of friends is a news filter, only retaining friends who have news or useful opinions, and blocking those who post selfies, post babies, or express negative emotions.
I gave an example to my colleagues. In early December last year, a programmer in my circle of friends talked about ChatGPT. At that time, no one in the department group discussed this, so I sent the link to the group.
Since then, ChatGPT has been increasingly discussed at home and abroad. The hype of the AI concept has spread from US stocks and A-shares to Crypto. AI saved the potential financial crisis caused by the collapse of Silicon Valley banks, and also led the technology trend throughout 2023.
A colleague next door who has experience studying in the United States said that he looked down on ChatGPT at first and felt mentally retarded, so he didn’t use it much. I was not surprised by his reaction, because I used to have such a prejudice against Crypto.
Whether it is spinach Dapp, avatar NFT, or chain games, the gameplay of early projects is brainless and retarded. However, this does not affect the market FOMO, the craziness is unprecedented. Personally, I missed these speculative opportunities because of my bias.
Prejudice makes people regress, and rationality makes people unable to make money. As my experience has grown and I look back now, I think it doesn’t matter whether the project is weak or not. What matters is whether there has been such a project in the history of the industry.
Any new technology, new product and new project, from 0 to 1, a milestone breakthrough, can become a hot spot that detonates the market. What about being mentally retarded? The market only cares about whether there are opportunities to make money!
We should abandon personal biases, follow market trends, and view changes in the Crypto industry from a development perspective. From 2017 to 2023, the progress in the fundamentals of the project can be seen with the naked eye. I believe in the power of progress. When the bull market comes, we must seize the opportunity.