There is a phenomenon in the cryptocurrency world called collective self-destruction. For example, when Elon Musk tweeted about changing the logo of Twitter's small blue bird to a dog, the B circle erupted and rushed towards the dog. Musk secretly enjoyed it and quietly sold 450 million Dogecoin, leaving retail investors to be the bag holders. A world-famous trademark, with a brand value exceeding a hundred million, can’t just be changed on a whim. Indeed, the next day, Musk changed the dog back to the small blue bird, and Dogecoin plummeted, leaving those who had contracts as cannon fodder. A feigned attack, purely relying on shout-outs is sure to lead to self-destruction.

With the SpaceX launch, retail investors thought they could finally get rich overnight, so they rushed in. Unexpectedly, the rocket froze and the launch was delayed, leaving retail investors caught at the peak.

Retail investors are like ants, while the big players are like elephants. Ants always believe that unity is strength; this way of thinking is truly harmful. The more coins retail investors concentrate on, the easier it is for them to fail. A single ant doesn’t weigh much, but when there are many ants, they become the meal for the big players. Anyone who shouts and rushes together in the group ends up dead.

The essence of the capital market is a game of wits and courage between retail investors and big players, a cat-and-mouse game at the cost of money. The big players aim to make retail investors suffer. If retail investors all make money, wouldn’t the big players be left out in the cold? Do they really think retail investors can defeat the big players? Yes, pigs think the same way. Looking at the cryptocurrency world, the coins that retail investors have high hopes for tend to drop like a rock, such as FiL and People...

Blockchain must be combined with real economic applications to have value. In the long run, the application of coins must either serve as a currency application or an ecological technology application; aside from these two, everything else is just air and will eventually go to zero. Currently, the essence is speculation. Since it’s speculation, one must train themselves to become hunting dogs, with keen senses and insight into market movements, rushing in immediately when there’s any sign of change to snatch food from the big players—that’s what it means to be excellent.