I know a sister—she works in finance and is so sharp at calculations that even when buying a cup of milk tea, she insists on getting it up to the promo threshold for the discount. During last year’s most frantic bull market, she transferred a six-figure amount into her account. She told me, “Ali, I feel like I’m about to retire early.” At that time, her Moments/朋友圈 was flooded every day with candlestick charts, captioned “value investing.” But her position sizing had actually gone up to eight times leverage. In the group chat, if anyone said “watch out for the risks,” she’d immediately reply, “You don’t know a thing.”
Later, the market went south. For days in a row, her Moments went eerily quiet, like she’d stopped posting. Last month, we met up for dinner. Her face looked sallow; she said she’d already uninstalled the app for three months. I asked how much she’d lost. She waved it off and said, “Don’t count it anymore.” Her only wish now was to break even—once she broke even, she’d withdraw immediately. She said she’d never touch this stuff again in her lifetime. When she said that, she flipped her phone over on the table with the screen down. It vibrated once, and she quickly turned it over to glance at it—then flipped it back down again. I asked if it was group messages. She smiled and said it was just an alarm.
At that hot pot meal, she ate a lot of meat. She said she hadn’t had the nerve to spend money like that for a long time.
Before, she’d calculate with me: in how many years and by how many multiples you could reach financial freedom. Now, she calculates: how many years it would take to save up enough each month to fill the hole. In the bull market, she was talkative, confident, and convinced everyone else was an idiot. In the bear market, she’s silent, suspicious, and treats everyone like a “big shot” trying to pump and dump.
Tell me—are the versions of her in the bull market and the bear market really the same person? Do you have any “face-changing” friends like that?
#币圈故事 #human nature
Later, the market went south. For days in a row, her Moments went eerily quiet, like she’d stopped posting. Last month, we met up for dinner. Her face looked sallow; she said she’d already uninstalled the app for three months. I asked how much she’d lost. She waved it off and said, “Don’t count it anymore.” Her only wish now was to break even—once she broke even, she’d withdraw immediately. She said she’d never touch this stuff again in her lifetime. When she said that, she flipped her phone over on the table with the screen down. It vibrated once, and she quickly turned it over to glance at it—then flipped it back down again. I asked if it was group messages. She smiled and said it was just an alarm.
At that hot pot meal, she ate a lot of meat. She said she hadn’t had the nerve to spend money like that for a long time.
Before, she’d calculate with me: in how many years and by how many multiples you could reach financial freedom. Now, she calculates: how many years it would take to save up enough each month to fill the hole. In the bull market, she was talkative, confident, and convinced everyone else was an idiot. In the bear market, she’s silent, suspicious, and treats everyone like a “big shot” trying to pump and dump.
Tell me—are the versions of her in the bull market and the bear market really the same person? Do you have any “face-changing” friends like that?
#币圈故事 #human nature