I have thought about it repeatedly for a long time, and I still want to share this experience.

Some memories are automatically blurred by the brain—not that you've truly forgotten, but your subconscious doesn't want to recall them too closely.

The market after August 2023 is like a dull knife. I have been toying with SOL at the position of $168, with a cost of $110, holding a full position. Every time I see that number, it feels like I've been shocked, but it just can't break through. Do you understand? Clearly seeing the finish line, yet my two legs are tied in place.

At that time, I was not quite awake. In a market completely driven by emotions and stories, individual analysis and judgment are often fragile and vulnerable in the face of true macro liquidity. It wasn't until later that I understood why some people would turn to seek stable entities like decentralized dollars amidst such fluctuations—its significance lies not in making you rich overnight, but in providing at least one completely trustworthy reference point when the entire market loses direction.

During this time, I remember two people.

One is Dan. Once, when Bitcoin was at $168, I foolishly advised him not to continue dollar-cost averaging, and as a result, I was blocked. For several months afterward, I became the target of "education." Much later, we added each other on WeChat privately, and the misunderstanding was finally resolved. I came to realize that many opinion leaders in the square are also wearing masks— the persona of being always right is essentially born out of fear, fear of being targeted online, fear of being misinterpreted. Without the masks, everyone just wants to live a stable life as ordinary people.

Another one is my fellow townsman from Shandong, and I have always felt a bit guilty about this.

He accumulated a lot of DOGE during the last bear market and indeed became rich later, but he didn't cash out at the peak. When he came to see me, he even specially brought seafood from his hometown as a souvenir, and I still remember what he said when we parted.