Across the entire cryptocurrency market, without exception, everyone faces unknowns or insufficient understanding when first entering the trading market, leading to losses. In contract trading, you either short at the bottom or long at the peak or halfway up, with light losses and severe ones leading to liquidation. The process of holding onto positions is agonizing; you dare not leave the market for fear of liquidation, and you dare not sleep, fearing you might wake up to find the market price unchanged and your position gone. You are exhausted, falling asleep in fatigue, yet waking up to check your phone to see if you've been liquidated. What’s worse, your gambling instinct kicks in, heavily investing when nearing liquidation price without funds to add margin. You regret and lament how great it would have been if you had kept some funds; if you had held onto some funds, perhaps you would have already made a profit, and how happy that would make you. However, the market is merciless.
Moreover, the old investors think they are genius traders in every single transaction, believing they can 'kill gods when meeting gods, and kill demons when meeting demons,' attributing everything to their own strength, not realizing it is all just their luck. When a black swan event occurs, the bull market ends, and the bear market begins, during the bull market's pullback and consolidation, you once thought the bull market was over, and you misjudged the market too late, resulting in a lasting regret. This year, a certain medical stock dropped from 7 million back to square one overnight, while another has lost 40 million due to a bad year and is now on the road of debt.
Every time you prepare to make a big move, you get hit hard. Whenever you think you've bought at the bottom, you realize you’re either halfway up the mountain or at the peak. You always feel like the market makers are watching you, and once you start getting stuck, it can last for months or half a year. You begin to panic and question your life: Am I really not suited for the crypto world? Slowly, you start cutting losses, preparing to exit, and withdrawing from the crypto space, only to wake up the next day and find that the coins you bought have surged tenfold or twentyfold. You prepare to take out a loan to enter again, swearing that you will win back everything you lost. You start to FOMO, open car purchase apps, and add real estate consultants on WeChat. The first thing you do every morning after waking up is check how much your account has increased, telling yourself it’s another beautiful day. However, this feeling of beauty does not last long. While discussing K with friends, you check the market and find profits have retreated. At first, you think it’s just a normal pullback, but after some time, when it starts to rise again, you tell yourself, 'See, it’s back!' Yet you remain indifferent. The bear market quietly sets in, starting a sharp decline, with all profits retreating, and it begins to fall to your cost price. You’re worried and scared, cutting losses and exiting once more. You are heavily in debt and do not dare to tell your family. The days that follow are unbearable, feeling neither human nor ghost, until one day your wife discovers this and asks for a divorce, your family finds you utterly disappointing, and you end up losing your wife and family. You ride an electric bike delivering takeout, weaving through the streets.
The emergence of the four-leaf clover has brought hope to these people; rather than hope, it’s more like redemption. Currently, many in the community have been redeemed, especially those who have previously experienced the above. They lament why the four-leaf clover appeared so late; if it had come earlier, they might not have lost everything. I believe more genuine feedback can be found by joining the four-leaf clover community because a thousand words cannot compare to personal experience.