Recently, I talked about real estate with a friend who owns many properties. My advice to him is to give up most of his properties, as real estate cannot outperform most assets. In any country, real estate is a livelihood issue. When I first started, I dealt with real estate, and now I think it has been 15 years; back then, the news about real estate was all about living, not speculation.
For people in the country, allocating some assets related to rare mineral metals, or even buying A-shares, is much better than holding a large amount of real estate. From an economic perspective, we will surely focus on strengthening finance for a long time, and tariff issues will not affect our overall economic direction; tariffs are relatively minor issues compared to (T) problems for the domestic economy.
The country has been talking about developing the service industry, and actually, the next statement tells everyone that we should follow the path of strengthening finance in the future. The service industry and finance are complementary, and with the arrival of artificial intelligence, many governments will shift towards an energy-based society. Allocating some rare resources will definitely yield better returns than most real estate, plus Europe and the United States will focus on large-scale infrastructure projects in the next ten years.
For the cryptocurrency space, from now on, focusing on the infrastructure advantages of public chains can support how many stablecoins, DeFi, and RWA infrastructure are all good investment directions. Based on my current limited understanding, Ethereum is far ahead among all public chains; its decentralization and modular systems like L2 and L3 surpass all other public chains. It's like the J-10C carrying the PL-15 against the Rafale; the J-10C itself is not as good as the Rafale, but its modular synergy efficiency far exceeds that of the Rafale.
Do not pay too much attention to Bitcoin being at 100,000 USD now; Bitcoin's unexpected returns will gradually weaken, and it also carries the risk of leveraged loans like MicroStrategy that have not been released or resolved.
