April 18, 2025

At 5 PM, which is about 1 hour later, there will be a new listing event on the Binance Web3 wallet. As before, participating guarantees a share of the profits, but this time there is an additional requirement: you must have traded alpha tokens. I looked at my account and it was a total loss, so if you are eligible, remember to participate; this time's reward is likely to be quite generous. This requirement is also the strictest we have seen in the past few events. As studios compete for accounts, earnings from single accounts are decreasing, and Binance has gradually raised the bar.

This event is similar to any low-threshold event, starting with a few people showing interest, then once they realize that they can make money, many start to compete for accounts and people, and eventually it becomes thin profit. The same goes for trading; when a coin or sector becomes popular, many people jump in to compete, then profits start to decline, and ultimately there may even be losses, leading to a sector that no one cares about. Personally, whether in trading or work, I do not advocate excessive competition, as I find it too exhausting and not necessarily more profitable.

In fact, in trading, sometimes doing more does not guarantee higher returns. I believe many people may have bought Bitcoin early on; just imagine, if you only need to do the simplest action—hold on, while enjoying life and occasionally checking the market—you would outperform 90% of people in the market. Moreover, those who are keen on trading, without establishing a scientific trading system, might not fare better than those who play with spot trading.

Therefore, I always believe that one should not be overly obsessed with making money, especially with quick short-term gains. The desire can backfire and lead to losses, a lesson I have also learned. In the field of investment, slow is fast. At this stage, we can focus more on things outside the market, manage our spot allocations well, maintain a good mindset, and wait for the market to explode again. We should not be too concerned about short-term fluctuations, as a 50% return in the short term seems like a fantasy, but looking long-term at 3-5 times return is not too difficult.

Thank you for your attention and likes.