jakiro
Author: BroLeon, the big lion brother of Tu’ao; Source: X, @BroLeonAus
A few days ago, I saw the founder of Aevo pretending that he wasted his life in the encryption industry, and I laughed it off.But in the past two days, I have seen people following the trend and saying that they have been in the cryptocurrency industry for several years, making losses and profits, which seems to be a waste of life.
I strongly disagree with this.
Before entering the crypto industry, I actually experienced many different industries and held various positions.But there has never been an industry that has given me such a strong learning intensity, growth pressure, and almost paranoid sense of investment like cryptocurrency.
This industry is too close to money, and the conversion efficiency of knowledge and ability realization exceeds any industry I know.Here I really established the ability and habits of self-education.
It was in this industry that I truly established the ability to educate myself: learn how to learn and build my own cognitive system; learn to repeatedly verify and filter authenticity in the flood of information; understand the relationship between macroeconomics and market choices; improve my ability to make quick judgments and in-depth thinking, build and operate personal IP, and learn to find like-minded, trustworthy people and information channels.In my opinion, these abilities are extremely valuable in their own right.
Therefore, if a person has stayed in this industry for several years and finally feels that he has learned nothing and gained nothing based only on the fact that he has not made enough money, then in my opinion, this is not entirely a problem with the industry.
Two situations:
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He chooses to stay in his comfort zone for a long time and refuses to truly update and evolve himself. For example, he frequently places orders and follows orders on high-multiple contracts without thinking for a long time. He feels that he is awesome when he is right and scolds him when he loses.
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After the market entered a low ebb, competition became more difficult. In good times, companies made money but failed to keep the fruits of victory due to various mistakes or misjudgments.
Both can be evolved and improved through reflection and practice. The currency circle is still the best place where retail investors can turn around and make big gains with their small efforts.
I have some early practitioners in this industry that I respected.For example, Li Xiaolai, as one of the early important promoters of Bitcoin in China, has indeed played a significant role in the growth of the industry. He has also gained huge wealth through Bitcoin and copycats.
But now, he is the type of person I hate the most.
What disgusts me is not that he chose to leave the industry, but that after receiving huge rewards, he turned to completely deny and denigrate the industry he once loved.In my opinion, this is a typical“Pick up the bowl to eat, put down the bowl and scold your mother.”.
If we were so unfavorable about this industry, why did we so sincerely push more people to understand and accept it?
If you are so unable to let go, should you give back the huge wealth gained through this industry to society, instead of enjoying the dividends while denying its value?
To put it more realistically, if a person stays in the encryption industry for a few years and makes money, isn’t that a gain in itself?In my opinion, the speed and efficiency of wealth accumulation for truly successful industry participants far exceeds that of most traditional industries.In this case, why is there such a thing as “wasting life”?
I can completely understand that you may experience setbacks, feel depressed during an industry downturn, or even temporarily leave the industry to look for new opportunities.These are human nature.But there is no need to completely dismiss the entire industry.Any new thing moves forward in chaos, contradictions and constant trial and error, and the encryption industry is no exception.
From the early experiments of geeks and niche groups, to gradually being accepted by the mainstream world, even recognized by the US Treasury Secretary, and moving step by step towards compliance and standardization, the encryption industry itself is also constantly evolving.It certainly has many problems, but it is also moving forward.
In the process of such changes, I always believe that what we should really do is not to complain and liquidate the past, but to constantly update our knowledge, improve our abilities, adapt to the development and changes of the industry, and earn returns that match our level of knowledge.
As for the pretentious remarks made by the founder of a copycat that dropped 99% despite being on the Peprdex track early, just laugh it off.
He can lie down and moan in the arms of the young model on the yacht, and we still have a lot of retail investors waiting to turn around.Don’t be fooled.
