What makes you feel afraid?
The essence is the fear of the unknown and uncertainty. The root cause is insufficient knowledge, inadequate cognition, and too little experience.
Recalling the tavern incident, a notice came down, and the platform was completely shut down; you heard it right, it was a complete closure. Many people thought the 312 event was terrible, while I thought it was just a normal market behavior and extreme price drop. You clearly know that the market entities are still there and have not disappeared; it is predictable. There will be opportunities to rise again in the future; it just takes a bit more time.
The tavern incident was different; the platform was completely shut down, and you had nowhere to play, with no expectations.
All hope is extinguished, facing the dead silence of despair.
The most terrifying thing in life is losing hope.
You don't know where the market is heading? And where will you go? Believing is not an easy thing; if you put yourself in the situation, how would you choose?
At that moment, the market was turbulent like a raging storm, seemingly washing away all hope. However, it was in such despair that my heart experienced a baptism of rebirth.
At that time, I stood alone on the Wulian River Bridge in Fuzhou, pacing back and forth, looking at the blue sky that once brought me peace, but my heart was shrouded in darkness. The great river flows eastward, and the white gulls soar, creating a stark contrast between the tranquility of nature and the chaos of the market, plunging my soul into unprecedented confusion and struggle.
In this process, I felt unprecedented loneliness and fear, as if I were in a dead silence of darkness. But it was this loneliness and fear that sparked the courage and determination deep within me. I began a game of chance with myself, the market, and fate, using my cognition and beliefs to confront seemingly insurmountable obstacles.
Then, I resolutely chose to transfer all assets from major platforms to Binance, not selling a single unit. Binance, as the only remaining crypto safe haven at that time, was still uncertain about how long it could last and was also clearing domestic users, with the future filled with uncertainty.
Faced with the complete shutdown of the market, the assets in hand seemed to lose their value overnight, becoming non-circulating commemorative coins. This sudden blow led countless people to choose to flee in panic and cut losses.
However, I chose to hold on and to believe. I know deeply that the power of decentralization will not perish due to temporary difficulties, and the resilience of the market is enough to bring it back to life.
This belief comes from my deep understanding of the essence of the market, from the enhancement of my cognition, sharp intuition, and long-term immersion in the market.
When you turn around, you may be horrified to find no one behind you; those who truly remain are few and far between. This sense of loneliness and fear is something that those who haven't experienced it cannot understand. It’s like being caught off guard and having someone suddenly push your head underwater; you struggle desperately but are helpless, and calling it a near-death experience is not an exaggeration—it's fear, despair, and suffocation.
Later, as the market panic subsided, the bull market continued.
As you know, the largest increase in the bull market occurred in the second half of 2017, with Bitcoin experiencing a rebirth and reaching new heights, truly achieving a resurrection from the dead, thereby demonstrating the resilience of this market, which will not and cannot be easily extinguished.
In extreme market turmoil, the individual endures the abyss of fear, intense inner struggle, and the firm choices made in the end. This is not just a test of market volatility, but a profound struggle between the brilliance and darkness of human nature, the depth and breadth of cognition, and the firmness of belief.
What pushes you out is not the market's turbulence, but your indecision in the face of uncertainty and the anxiety within.
This test is not only about the construction of your cognitive system but also about your understanding of the world and your inner self, as well as the difficult choices faced under great pressure.
Finding hope in despair, and strengthening belief in adversity.
