Young coin god? Survivor bias? Curse? Friends who know me know that I majored in science and engineering, but because of my passion for finance and business, I passed the US Chartered Financial Analyst (CFA) qualification, entered the brokerage proprietary trading room, and began my life as a trader. The volatility of traditional financial derivatives is already very large, especially the options products I specialized in at the time. But compared to these, the stories of blockchain and cryptocurrency getting rich overnight always attract my attention. In 2020, I had the honor of joining Kronos Research and became one of the only two subjective traders in the company. It was also the first time I came into contact with blockchain applications other than trading. At that time, funds in the blockchain industry poured in like seawater, valuations were shouted to the sky, and pigs on the wind could fly. I also made a fortune in this wave, which was enough to support my retirement. So, how did I make it? Although the details cannot be replicated, the general direction is actually very simple, with only three points: Find projects that will not fail in the short term Refer to the price of VC investment at the time Buy decisively when it is close to or below the price Of course, these three points alone are not enough. I also have basic financial investment and trading concepts. More importantly, I almost sleeplessly track industry news and study various emerging applications like crazy to cultivate a keen sense of smell. At that time, the pressure was so great that my family could feel that I was distracted and stared at market trends and news all day long, but it was also during that time that my knowledge absorption speed reached its peak. So, within three months of entering this industry, I became a typical case of survivor bias. Although the money I earned was not enough to last for several lifetimes, it was enough for a child from a civil servant family. After that, my motivation to make money gradually weakened, and my sensitivity, learning ability and mentality also slowly declined. Simply put, I changed from "active attack" to "passive waiting". In this ever-changing market, it is often difficult to make money by being passive. Over time, I even began to lose interest and confidence in making money. This state gradually slowed down my pace of life and slowly moved towards retirement. But to be honest, retirement life is really great! How great is it? Is it really that great? I will talk to you all about it tomorrow. So far, this is just an understatement. The next experience will be the naked truth.