经济转型
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The cold economic truth you don't know
1. If you want to make money, you must go out. Many businesses are made by drinking and chatting with people. Don't always stay in your own small land and daydream. No matter how busy you are, you must go out more to do valuable social networking, connect with other excellent connections and layers, and exchange useful information and resources with them. Often the most valuable things will only circulate in high-level circles.
2. Do more subtraction and less addition. Don't want to do any business, let alone change projects every few days. People's energy is limited. They can only focus on a few or even one track in their lifetime and continue to cultivate in this track (of course, this track must be high-quality enough), from 0 to 1, then from 1 to 100, to 1000, to 10000. Only in this way can we slowly build a moat in the industry in the long river of time. Those who always change their careers are often not specialized in any industry, can't make a lot of money in any industry, and waste their lives without achieving anything.
3. Seeing other people's businesses are simple and profitable, sometimes it's just their own imagination. Because you haven't dug deep into it like an expert, you don't know how hard it is for others, how long they have been struggling, how much money they have lost, and how much risk they have taken.
4. Don't blindly chase the wind. The wind is not blindly pursued, but you have accumulated experience in the industry before the wind comes. That's why you can take off. Therefore, lock in the track you are best at, dig deep, do it to the extreme, and then wait for your wind to come. This is the most reliable thing #经济转型 #BTC走势预测 #加密货币社区
1. If you want to make money, you must go out. Many businesses are made by drinking and chatting with people. Don't always stay in your own small land and daydream. No matter how busy you are, you must go out more to do valuable social networking, connect with other excellent connections and layers, and exchange useful information and resources with them. Often the most valuable things will only circulate in high-level circles.
2. Do more subtraction and less addition. Don't want to do any business, let alone change projects every few days. People's energy is limited. They can only focus on a few or even one track in their lifetime and continue to cultivate in this track (of course, this track must be high-quality enough), from 0 to 1, then from 1 to 100, to 1000, to 10000. Only in this way can we slowly build a moat in the industry in the long river of time. Those who always change their careers are often not specialized in any industry, can't make a lot of money in any industry, and waste their lives without achieving anything.
3. Seeing other people's businesses are simple and profitable, sometimes it's just their own imagination. Because you haven't dug deep into it like an expert, you don't know how hard it is for others, how long they have been struggling, how much money they have lost, and how much risk they have taken.
4. Don't blindly chase the wind. The wind is not blindly pursued, but you have accumulated experience in the industry before the wind comes. That's why you can take off. Therefore, lock in the track you are best at, dig deep, do it to the extreme, and then wait for your wind to come. This is the most reliable thing #经济转型 #BTC走势预测 #加密货币社区
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Bybit Report: Yen Arbitrage Trading Faces Challenges in 2025, Forex Traders Need to Explore Other New Trading Strategies
Bybit recently released a report analyzing how the Bank of Japan (BoJ) may adjust its monetary policy in the context of Japan's economic transformation by 2025, which will also increase the risks of yen arbitrage trading. So, how should we respond to this challenge?
Looking back at history, for the past thirty years, the Bank of Japan has maintained an ultra-loose monetary policy, promoting economic growth through a zero or negative interest rate environment. This has made arbitrage trading a popular strategy, where traders borrow yen at low or zero interest rates to invest in assets denominated in other high-interest currencies. As a result, the yen has been favored by traders as a major funding currency in the forex market.
Looking back at history, for the past thirty years, the Bank of Japan has maintained an ultra-loose monetary policy, promoting economic growth through a zero or negative interest rate environment. This has made arbitrage trading a popular strategy, where traders borrow yen at low or zero interest rates to invest in assets denominated in other high-interest currencies. As a result, the yen has been favored by traders as a major funding currency in the forex market.
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Crecimiento: Argentina's Cryptocurrency Transformation and Economic Renewal Revolution
The founders in Argentina launched the 'Crecimiento' project to promote adoption and provide crypto solutions to economic problems.
In Buenos Aires, several of Argentina's cryptocurrency founders are uniting to promote pro-crypto policies in the capital. The project brings together major players in the domestic cryptocurrency industry, who hope to take advantage of the new government of Bitcoin supporter Javier Milei, who won the presidential election in November and took office in December.
In Buenos Aires, several of Argentina's cryptocurrency founders are uniting to promote pro-crypto policies in the capital. The project brings together major players in the domestic cryptocurrency industry, who hope to take advantage of the new government of Bitcoin supporter Javier Milei, who won the presidential election in November and took office in December.
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Using a river to interpret the essence of economic operation.
Using a river to interpret the essence of economic operation. Recommended reading: ★★★★★
We assume that the economic flow is a river.
Economy and River
All people involved in economic activities are fishermen by the river. If you want to get food, you need a favorable position, for example, a strong front row, standing upstream. A good position can bring you better harvest.
No matter which river you fish in, those who arrive early can occupy a more advantageous position and catch more fish.
In the past, when the river was full, the fish and shrimp in the river were abundant, and the upstream would plant a large number of small fish and shrimp, so that even if the people upstream had eaten all the fish, the people downstream would not starve. Under the rules, the upstream must release some fish and shrimp to let the people downstream survive, so that the downstream can generate a steady stream of labor to help the people upstream work, because if you want to harvest more fish, you need someone to help you work to improve efficiency, that is, hire people to fish.
We assume that the economic flow is a river.
Economy and River
All people involved in economic activities are fishermen by the river. If you want to get food, you need a favorable position, for example, a strong front row, standing upstream. A good position can bring you better harvest.
No matter which river you fish in, those who arrive early can occupy a more advantageous position and catch more fish.
In the past, when the river was full, the fish and shrimp in the river were abundant, and the upstream would plant a large number of small fish and shrimp, so that even if the people upstream had eaten all the fish, the people downstream would not starve. Under the rules, the upstream must release some fish and shrimp to let the people downstream survive, so that the downstream can generate a steady stream of labor to help the people upstream work, because if you want to harvest more fish, you need someone to help you work to improve efficiency, that is, hire people to fish.
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