Surviving the Bear Market: Control Losses, Wait for Big Opportunities

After being repeatedly liquidated, my mindset has actually stabilized.

It's not numbness; it's clarity—this industry, being liquidated has never been an accident; it's part of the cost. Project teams need data, need hype, need to go public, and need to deliver results to VCs. Every person who dives in is essentially fuel.

The difference lies in whether you know whose oil you are burning.

Before entering the circle, an experienced brother told me: making big money in a bull market isn't surprising; being able to survive in a bear market is the real skill. I believe this even more deeply now.

I rarely argue with people about "whether this project is worth investing in" anymore. It’s meaningless. Everyone has a different cost structure, can bear different risks, and can invest varying levels of energy.

What we can do is control our individual investments well, and not let any single project take you out. Then wait. Wait for that asymmetric opportunity.

The logic of investing is quite simple: nine out of ten projects lose money, as long as one turns out big, it can cover all losses and then some. So don’t get hung up on the gains and losses of a single venture. Surviving is more important than anything else.

The current market conditions are indeed very grinding. But when things are tough, it’s precisely when some are quietly laying their plans.

Every time a bull market rises, the loudest voices are always, "At that time, no one believed it."

The next person standing at the finish line will likely be those who choose to continue living now.

Let’s encourage each other. $BTC