After five years in the cryptocurrency world, I'm secretly aware of three things
This place in the cryptocurrency world is so impressive that the grass on the graves is already two meters high. I've been through both bull and bear markets for five years; I haven't become rich, nor have I run away.
Looking back, the market hasn't really rewarded me, but it has slapped me countless times, making me understand a few things.
The first thing is to think clearly about how not to lose everything before trying to make money.
When I first came in, I only saw hundredfold coins, dreaming of financial freedom. All-in? Absolutely! The result was a round of crashes that completely extinguished my enthusiasm.
Later, I understood that those who have survived for a long time don't talk about 'which coin can explode', but rather where I must run if it drops—this is called risk management; you need to leave yourself a backup plan and not lose everything at once. This principle applies everywhere, be it entrepreneurship, working, or even dating; those who leave no way out die the fastest.
The second thing is that no matter how angry you are, you have to kneel to the market.
Who wouldn't lose their mind if their account dropped by half in a day? I've smashed keyboards and cursed project teams, but it was of no use. Now that I'm losing money, what should I do? Close the software, smoke a cigarette, and do whatever needs to be done. It's not that I don't care; I know caring doesn't help. The market specializes in dealing with various forms of defiance; the more anxious you are, the more it punishes you.
Having practiced until now, when I encounter minor issues in reality, I feel it’s just a drizzle. You have to control your emotions; don't let them control you.
The third thing is not to believe so-called insider information but to trust what you can understand.
In the early years, following influential figures and group messages led to losses that even my mother wouldn't recognize me. Everywhere there are wealth codes; what can actually be obtained is almost all just harvesting codes.
Now, I stick to what I can understand in my small area, possibly researching one or two sectors repeatedly. I might not make quick money, but I can sleep well. There’s no free money in this world; every cent we earn is a realization of our understanding. Money made by luck will eventually be lost by strength.
So, the past gamblers are long gone. The cryptocurrency world is like a pressure cooker; those who haven't been crushed here can still breathe normally, may not be very rich, but they are definitely more resilient, calmer, and clearer about their own worth. I like this circle and the entrepreneurial partners that I’ve developed through experience?
Which of these three points can't be applied to daily life?
In the end, what the market taught me is not about K lines, but how to survive anywhere.
Think about it, is this the principle?