In the beginning, traders try to conquer the market. In the end, they learn the market was never an opponent, only a mirror reflecting their internal state.
Every trader begins by trying to predict the future. Eventually, the market teaches a deeper lesson: The future was never the problem. Your need to control it was.
When you invest $10,000 into one asset, the math is simple: You can only lose $10,000. But if you’re right, there’s no ceiling. That’s the beauty of asymmetric bets.
Me and my buddies had UST parked on Anchor Protocol chasing that 20% yield. Thought it was safe stable money 😂 Then the depeg happened... I still remember staring at the LUNA chart that night during the death spiral, watching it collapse candle after candle, realizing in real time this wasn’t a dip… it was the end. Who's got their own Luna/UST story?