#深度创作营

Today marks the 616th day I’ve been posting updates without a break. Every post is made with sincerity, not just going through the motions. [微笑] If you think I’m a serious person, you can walk with me, and I hope the daily content can help you. The world is vast, and I am small. Follow me so you don’t have to look hard. [微笑][微笑]

Five-year crash = three things happening simultaneously:
1. Emotional destruction (no one believes it can rise again)
2. Leverage fully liquidated (chips return to those with positions)
3. Narrative cleared out (only the surviving stuff remains)
At this point, the price is not “cheap,” but “abandoned.”
But note, a five-year crash is an opportunity, only for two types of people: those with cash flow, and those with cognitive resilience.
For high leverage, luck-dependent, emotion-driven people, a five-year crash is not an opportunity, but a liquidation.
A five-year crash is not an automatic turnaround opportunity,
It’s a chance for those prepared to redistribute chips anew.