Market downturn, 8-year OG provides faith recharge and personal advice to Web3 new and old friends 1. The dividends of encryption still have at least two macro cycles, so don't be scared by the market's panic. This is just an emotion accompanying the decline in the financial market and the collapse of consensus. With the long-term proliferation of fiat currencies and the expectation of depreciation, traditional and stable gold benefits from "preservation+slight appreciation". At the same time, with scarcity, decentralization, and high volatility, corresponding to the "high-risk and high-yield digital gold", BTC, which is more sensitive to the liquidity environment, will also benefit. So there are still dividends. Don't be pessimistic. All the FUDs in the market, as someone who has experienced them for 18 and 22 years, told my friends that I have been listening to these FUDs for many years. I am tired of hearing about blockchain scams and institutions harvesting them. They don't have any fresh FUDs. This is only a short-term collapse of consensus and does not represent the opening of the next new consensus. 2. The biggest impact event in the next 1-3 years will be the implementation of policies by the new Federal Reserve Chairman Walsh, US inflation, whether the economy is in recession, and the release of loose liquidity This will bring several possibilities and outcomes Unless Walsh is particularly hawkish or the US economy is in recession, it is possible to emerge from the deep bear of 22 years. But the specific policies of Walsh will not be known until June. Don't be too anxious. If there were no strong hawks or recession, there would definitely be a trend of rebound in the market in 26 years, but inflationary pressure and the uncertainty of the Federal Reserve would definitely bring some pressure to the market. Why do we say there is a rebound market? Because of the expectation of interest rate cuts, liquidity is better compared to 25 years. Although it is a clich é, I still want to say that from a macro cyclical perspective, we are still at the end of 2019 and the beginning of 2020, and the real loose bull market like the one in 20-21 has not yet arrived. Because the current market liquidity is still very poor. 3. On the basis of 2, this year's liquidity is not very loose, but it is better than 25 years, so there are more transitional stages and we need to consider survival. Don't invest recklessly. If you are discouraged by the market, you can quit and work hard. If you still want to achieve results in this circle, you still need to pay more attention to the market situation. Remember not to enter the market when a bull market comes and withdraw when a bull market comes. Unless you really want to completely withdraw from the circle. 4. This year, there will definitely be a low point in the market due to inflation, Federal Reserve games, and various debates, but there may be another low point in 27 years due to recession. These two low points may be the most worthwhile positions for the next three years, and the truly loose market may start around the end of the year 27, if not sooner, by the end of the year 26. 5. With the arrival of a loose bull market, there will definitely be new opportunities for consensus in the market. Finally, thank you for your encouragement and calling me 'og'. Actually, I also need to keep researching and learning If you have any ideas about the above content, you can communicate and verify them together. My viewpoint also changes with the market.