When all hope is lost, we still firmly believe in the future

The storm in the market finally came, and it was a bit beyond my expectation that it came so fast and so violently.

This is the time to test every investor in the storm.

First of all, let's imagine a worst ending, which is also the possible ending that I have repeatedly mentioned in the article: if this round of bull market stops abruptly and turns downward, instead of continuing until the end of this year or the beginning of next year as I pre-estimated ,what should we do?

The strategy I set for myself is to continue to wait for four years with the current position. I have written about this in an article, and it is indeed my plan.

I once reminded our readers that investment must be diversified. We must not only invest in digital currency, but also invest in other fields that we are familiar with, and diversify systemic risks. So if we have other investments and this round of bull market is interrupted, we continue to wait for four years, and there are other areas of investment that can bring us stable returns. This is also a key that allows us to live in the investment market forever.

I have also repeatedly emphasized that we must use our own spare money to invest in digital currency, preferably spare money that has not been used for several years, because only in this way, we will not be forced by life, when the market is most desperate and the most human nature is tested. Reluctantly lost the precious chips in his hand.

If the bull market is over and I have to wait another four years with all my positions, all the things I have mentioned above will come in handy.

If we have the above plans, we will be much calmer and calmer about such a big drop, because it is part of your plan and it is not unexpected.

But my gut can't help but tell me that even so, the bull market is here to stay.

In an article a few days ago, I mentioned that the market still lacks a 30%-40% correction before we can see the climax of the second half.

The plunge last night was even more violent than the 40% upper limit of the callback I imagined. I think the possible reason has a lot to do with DeFi. Because a lot of assets are mortgaged in many mortgage lending agreements now, once the price of a certain asset plummets, it will trigger liquidation, and liquidation will accelerate the price plummet, which forms the effect of serial liquidation.

According to the news from the self-media, the tens of thousands of ETH mortgaged by a certain project leader in Liquity were almost liquidated, which shows that the hidden risks and bombs in DeFi are quite fierce.

But I think that this round of slump liquidated a lot of leverage, which is more conducive to the second half of the game, so I even think that the climax we can see in the second half is even crazier than I expected.

Digital currency is a revolution, a subversion, and an epic event that no one has ever experienced. This means that everyone involved will have to experience events that are unimaginable, unexperienced, or even unprecedented in history, and the plunge last night is one of them.

Although this is a revolution that has never been experienced, we can still find some common laws for the possible course and possible direction of this revolution by learning from history.

I once again thought of the great Anti-Japanese War, President Chiang Kai-shek's speech on the War of Resistance on Lushan Mountain, and Chairman Mao Zedong's famous article "On Protracted War". Both of them made predictions from different angles on the disaster and pain that this revolution might bring to the whole nation at this time of national crisis, and they also made clear voices on how the whole nation could win the revolution.

Why did Chairman Mao Zedong still believe that the outcome of the Anti-Japanese War was that China must win and Japan must lose? Because China has a vast land and abundant resources, and the objective conditions that can consume Japan by virtue of its innate conditions are there, and the subjective will of the Chinese people to resist the war tenaciously and sacrifice to the end is also there. With the guarantee of these two fundamental conditions, the outcome of the war of resistance will be guaranteed.

But at the same time, the huge economic and military gap between China and Japan also doomed this revolution to be long-lasting and painful, and it was also a rare war against foreign invasion in human history.

The same goes for digital currency investing.

Satoshi Nakamoto injected equality, consensus, and decentralization into Bitcoin, V God injected Ethereum with the mission of "a world computer that never stops", and the two spiritual leaders have planted the gene for digital currency to reconstruct the world . This is destined to bring a new vision to all mankind and shape another parallel world.

At the same time, like all new things in history, it will face all kinds of suppression, and the pioneers who explore in it will also encounter various blows. These suppressions and blows will be huge. We have seen countless times of incomprehension by others and countless rounds of "heavy blows" from supervision.

But just as the War of Resistance Against Japan was supported by the whole nation's efforts and tenacious support, the strength of the enemy and us changed from quantitative to qualitative, from defense to stalemate, and then from stalemate to counterattack, today's digital currency has grown from a niche toy to Gradually entering the mainstream media, entering the mainstream organizations, and entering the mainstream vision, this is the process of quantitative change to qualitative change, and this is the sign of the advancement of the revolution.

Thinking about this, we should see its bright future at this time, and see the wind and sunshine after the storm. Falling and crawling are only temporary, while advancing and winning are eternal.

But progress and victory don't belong to everyone, it belongs to the warriors who can survive the difficult times and still believe in the future when all hope is lost.

Just when I was writing this article, I looked at the tokens I held and found that the price of CRV had dropped to $1.95, which was once again entering my fixed investment price, so I started the fixed investment for CRV again. But this time, I believe that the market will not give me a lot of time for fixed investment.