In the online communication on Saturday, I shared a viewpoint with everyone: Currently, we don’t need to worry too much about the market situation, but rather we should be concerned about our livelihoods.
The recent continuous decline in the market has shattered the psychological bottom line of many investors. It is estimated that many investors did not expect Bitcoin to fall below $60,000 again and Ethereum to fall below $3,000 again.
In my opinion, we don’t need to worry about the short-term decline of Bitcoin and Ethereum at all, because I still have firm confidence in their future from a long-term perspective. So as long as the majority of our positions are in these two coins, we can calmly view this short-term market crash. I firmly believe that they will ultimately reach new highs in the near future.
What I think is really worth paying attention to for ordinary people like us is the changes that may occur in the environment we live in the next year (until 2025) or even the next three years (until 2027), and whether we can protect our assets and maintain our livelihoods in these changes.
If we pay a little attention to various data and observe the changes around us, we should be able to feel that the overall environment is becoming increasingly harsh.
In the communication on Saturday, I mentioned one point: It is unlikely that the environment we are currently living in will have significant improvements by the end of 2025. In such an environment, how many companies can survive for another year and a half? If companies suffering from severe internal competition are struggling, government agencies with the so-called iron rice bowl will also be affected.
Therefore, among our readers, anyone who still needs to earn a salary will be more or less affected.
Therefore, I once again mentioned the sentence that I have repeatedly emphasized in the past: Always keep enough funds to support yourself for 18 months.
In the subsequent Q&A session, the experience of a caller made me very emotional.
The caller’s emotions sounded somewhat low.
He had a small position in Bitcoin and Ethereum, but heavily invested in other projects.
The reason why he didn’t focus on Bitcoin and Ethereum is because he felt that the gains of these two coins were too small.
During the communication, this caller repeatedly emphasized that he was afraid of missing opportunities.
He also mentioned an experience he had before—putting all the accumulated profits into a speculative operation, resulting in a complete loss.
What is even more worrying is that this caller unfortunately encountered layoffs at his company.
I have had some of the same mentality and experiences as this caller before.
For example, being afraid of missing opportunities, making it easy to be uneasy.
I still want to say: Don’t worry about not having opportunities. At least in the crypto ecosystem, as long as you can hold your ground, persist, constantly improve yourself, there will be opportunities.
On the contrary, this fear of not having opportunities can easily lead investors astray—the most typical example is thinking that a trap is an opportunity, so they heavily invest, only to end up with nothing.
I believe that this caller is still very young and will have opportunities in the future.
For example, thinking that the gains of Bitcoin and Ethereum are not big enough.
Indeed, the gains of many altcoins are much greater than Bitcoin and Ethereum, but in reality, friends who have participated should have the experience: the number of investors who can really grasp the skyrocketing of altcoins is very few, and most participants end up as cannon fodder.
From my experience, when investors focus on Bitcoin and Ethereum, their mentality will change. They will become more stable, rational, and better able to deal with various storms and risks. At the same time, they will also have the courage and confidence to participate in various high-risk projects. At that time, they won’t worry about not seizing opportunities.
The thing that worries this caller the most is encountering layoffs.
In the current environment, anyone who encounters such a mishap will face considerable challenges in finding a job that matches their abilities, education, and salary expectations in a short period of time. They will have to face more pressure from life and society. If they don’t handle this pressure well, it will be impossible to have a good mentality and emotions and reap rewards in other fields (including the crypto ecosystem).
I suggest that this caller temporarily put aside the crypto ecosystem, withdraw some funds and come back to reality. First, ensure that they and their family can maintain a stable life in the coming period of time, and then find a job as soon as possible to ensure their livelihood. After handling these matters, if they still have the energy, they can come back to the crypto ecosystem and continue to explore.
The experience of this caller may seem like someone else’s story today, but it is very likely to happen more and more to you, me, and others in the future.
Compared to the pressure of livelihood, the fluctuations in the crypto market are not a big deal at all.
I hope that every one of our readers can be prepared for the challenges and risks they may face in the future.