There are new investment opportunities in the cryptocurrency market every year. Older generation investors, don’t keep suffering from PTSD.

Annual Growth in Cryptocurrency Market Unveils Fresh Investment Prospects - No Need for Older Generation Investors to Relive Financial Trauma

Source: Lightning HSL

An old friend asked if EOS is still worth buying?

Well, how should I put it, the cryptocurrency market is indeed full of youthful vigor, with young people eagerly pursuing new things, while the nostalgic ones are just old timers.

Many early Bitcoin investors lost all their coins in subsequent investment waves, bet on EOS during the ICO craze instead of recognizing ETH, and suffered a lot of losses from BTC; they bet on the expansion camp during the BTC scaling controversy, resulting in another significant loss; they watched the bubble grow bigger and bigger during the DeFi Summer era while still believing that these were pyramid schemes…

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These failed investment stories don’t hurt investors the most in terms of lost coins, but rather their spirit. They constantly say to themselves, “I’ll never have that many BTC again.”

This is a symptom of PTSD, it needs to be treated.

We cherish moments of glory, especially those rare enormous successes. It’s like having held a lot of Bitcoin earlier than others, or having passed an impressively competitive college entrance examination. We always reminisce and explain these moments of brilliance to others.

It’s like many people who graduated 20 years ago still talk about the college exam every year, bragging about how many extra points they scored and reminiscing about their university life.

Yes, those moments of glory are indeed significant events throughout our lives. It’s impressive if you scored over 600 on the college exam and if you had many bitcoins ten years ago, plus, it has emotional value.

But… don’t you want to achieve some other glorious moments? Are you convinced that your peak is just this?

This is reverse PTSD. Regular PTSD is being trapped in painful moments from the past, while reverse PTSD is being trapped in moments of happiness that have already been lost. (I made this up)

No investment is without failures. Even Charlie Munger cried over losses, and a few years ago, Softbank’s Masayoshi Son almost faced bankruptcy because of WeWork. Just think about how Jia Yueting owes billions to others. It’s hard to call oneself a leader without experiencing several failures.

Failure is inevitable in investment. It’s a necessary condition to become a successful investor. The only thing you should worry about is whether you can bear these failures.

Going back to earlier, for those investors whose spirit has been crushed by failures, on one hand, it’s nostalgia, and on the other hand, it’s a lack of belief in the market prospects of cryptocurrencies and blockchain.

In fact, the cryptocurrency market always has opportunities, almost every year.

If you look at these opportunities in the past five years, regardless of which one, if you seize it, you’ll become rich: brc20, meme coins, DeFi, NFTs, gamefi, rollups, airdrops, IEOs, mining… There are both positive-sum and zero-sum games here. Even if you really don’t like CX, there are plenty of positive-sum games to be played.

There were in the past, there are now, and there will be in the future. Even if the cryptocurrency industry disappears, there will be other industries. Innovation will always exist in the world.

In life, you only need to be wealthy once. What you fear the most is becoming rich, then losing it all, losing your ambition, and never wanting to strive again.

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