Stay relevant， No internal friction, believe in the power of faith This is a chicken soup article, purely for everyone to recharge their faith, without involving any wealth codes~ After entering the market, I experienced three bear markets: 18-20 years, 22-23 years, and 24 years. In the bear market of 2018, I worked at my previous company. At the beginning, I could write project reports every day and find investment opportunities for my boss. The job was quite fulfilling. In the mid-19th year, there should be no more than 100 active projects in the market, and those that should have been seen have been reviewed long ago, updated every two to three weeks (with a high probability of nothing happening). My daily routine is to buy a brunch and a cup of tea downstairs from the office at 10 o'clock, take a nap until 11:30, start thinking about what to eat tonight after two hours of work in the afternoon, finish work after 5 o'clock for dinner, and go home to play games at night. At that time, many friends who had been in the industry for 18 years felt that Crypto had no hope, and 19 was the last glory of the traditional industry, so they all jumped back in the opposite direction. I remember there were several group chats at that time, and it seemed that each group covered different people, but in the end, it was always those 30-50 people who spoke. Many of my friends were acquaintances from that time, and we all lived together in despair. In the bear market of 2022, I invested in the primary market at HashKey. At that time, my personal wealth retreated a lot from its peak. I believe that most people, like me, make money for a reason and cry loudly when they lose money. Coincidentally, a person was in Shanghai during the epidemic, experiencing several waves of huge losses without anyone to accompany them. It felt like they were not responding every day and the ground was not working properly. Because I am a person who is prone to internal conflicts and my heart is too bitter, I can only devote myself wholeheartedly to work. Coincidentally, there are quite a few projects on the market, so every day I just chat about projects, read books, sleep, and live a fulfilling life ahead of schedule. At that time, although the market situation was not good, there were still quite a few newcomers, and everyone gathered together to keep warm. Unfortunately, at that time, they were numb and didn't have time to socialize, and missed the opportunity to meet the children of this cycle version. The bear market in 24 years was not long, but it was the biggest blow to me because after working as a VC for so many years, it is fake that I have no feelings for VC. Therefore, I will have feelings for VC coins and the leading ETH in VC coins, which is the last thing that should happen in a bear market. I remember having dinner with Big Orange in Singapore in July. At that time, ETH was 3300, and I had a long order that sold out at 1700. I asked him if I couldn't sell this order, but within three days, ETH fell below 2000, and I stopped at the bottom. That wave basically wiped out the money I earned in the first half of 2024, it was really painful. But this bear market has not been without gains. I realized the harm of internal friction and that I am only suitable for working, so although I haven't earned much money since October, I am still quite happy. What have I gained from the three bear markets? I think the first thing is faith. When people are young, they tend to believe in themselves more. If things don't go as planned, they will experience internal conflicts. However, as they get older, they will entrust their faith to unknown entities such as metaphysics and luck. My experience over the past eight years has taught me that every time BTC goes down, it will come back up again, and every time BTC is on the brink of failure, there is a mysterious force that saves it. I call it luck. So I think as long as you're in the cryptocurrency industry and believe in BTC, there will always be new opportunities for survival, and this time is no exception. The cryptocurrency industry is a never-ending stage play, where there are always opportunities on stage. If you're tired, find a good spot to watch it from the side, Stay relevant。 Secondly, there should be no internal friction. In the first few cycles, including myself, the elderly had a characteristic of not taking profits. Everyone thinks about 10M when they earn 1M, and thinks about 100M when they earn 10M. On the one hand, it is to compare with the people around them, and on the other hand, it is to enjoy the process of obtaining excess returns (the process of logical monetization). So many friends, even if they have a lot of money, are still gambling dogs (recently, many friends have lost eight or nine figures). And the brothers in this cycle will all contribute money and spend money on consumption, which is a good habit. Think carefully that you are not a forever version of yourself. When you fall from the pedestal, managing your mentality and avoiding internal conflicts is the way to always win. Proper contribution is for better earning. Finally, there is a chance to live. Many friends have said this, and in my opinion, it is the power of belief.