The Ten Realms of Cryptocurrency Speculation: Which realm of the crypto world are you cultivating in?

In the crypto world, some become wealthy overnight, some leave in disappointment, and more endure hardships in this arena. From passionate Newbies to calm and enlightened practitioners, the path of Cryptocurrency Trading coincides with the ten levels of human cultivation. Witness these ten levels, do you also see your own reflection among them?

First Layer: A new calf, a great ambition (Level 1-2)

With the dream of “turning 1000U into 1 million!” you plunge into the crypto world. You stare at the K-line every day, trading frequently, and fantasizing that you are the chosen one who can ‘escape the top and buy the bottom’. However, the reality soon poured cold water - the handling fee eats away at the principal, and the pin market shatters the dream. You begin to realize that the crypto world is not an ATM, but a mirror that reflects the greed and fear of human nature.

The Second Layer: Faith Collapse, Abyss Struggle (Realms 3-5)

When ‘value investing’ becomes an excuse for the project party to run away, and technical indicators become tools for the market makers to draw lines, you fall into cognitive confusion.

• Chasing highs and selling lows, the account shrinks by 80%
• Superstition about big Vs is being harvested by ‘Teacher Da Dan’
• Researching the white paper until the early morning, only to find that the code repository has not been updated for half a year.

The old leeks at this stage often hold 5 loss-making wallets, pay attention to 30 KOLs, and join 50 communities, but they stare at the market chart in the middle of the night and mutter: “Obviously the analysis is correct, why is it still a loss?” ”

The third layer: breaking the cocoon and being reborn, self-contained system (realm 6-8)

One day, the moment of enlightenment suddenly arrived:

• Stop clinging to the “absolute bottom” and capture emotional cycles
• Abandon the fantasy of 100 times coins and focus on month-level narratives
• Establish an iron law of stop-loss, and it is better to miss than to make a mistake

You start to understand that the essence of Cryptocurrency Speculation is a probability game. While others are still debating ‘bulls and bears,’ you have learned to evaluate risk with ‘Sharpe ratio’ and capture Alpha with ‘TVL/MCAP.’ At this point, a net value curve with a 45-degree upward trend finally appears in your trading records.

The Fourth Layer: The simplest way, no move is better than a move (Realm 9-10)

The real masters are often “hidden in the market”:

• There is no currency in the hand, and there is no currency in the heart: The position is dynamically balanced, and the ups and downs are floating clouds Everything is a cycle: From the Federal Reserve’s interest rate hike to community fights, it can all be quantified as a volatility factor
• Investment is cultivating the mind: staying calm and making tea in the FUD (fear, uncertainty, doubt) storm

One day, you suddenly realize that the crypto world is nothing more than a training ground. When the newcomer is still studying the “death spiral”, you have already understood the “movement of the opposite way” from the “Tao Te Ching”; When the public chases NFT avatars, you see the current mapping of Hayek’s spontaneous order from DAO governance.

Ultimate Trial: Which Realm Are You In?

According to on-chain data monitoring, the current distribution of crypto world users presents a cruel pyramid:

• 70% are trapped in the 1-3 layers of the realm (average holding period< 3 days)
• 25% struggle in the realm of levels 4-6 (annual turnover rate > 5000%)
• 4.9% reach the 7th-8th floor (annualized return>300%)
• Only 0.1% reach levels 9-10 (asset size > 9 figures)
• Cryptocurrency Speculation is like mountaineering, some people stop on the mountainside, some people fall off the cliff, and only a few people pass through the fog and see the sunrise in the sea of clouds. But the true enlightened person understands that the top of the mountain is never the end, and when you are no longer attached to the “realm” itself, you will know - “There is no realm before the door is closed, see Bodhi in the candlestick chart.” ”