#EPT

1. Today, BTC has shown a strong upward trend. Fortunately, I have been hedging BTC longs with various altcoin shorts recently, but not in the same proportion. For example: I buy 3000 USDT of BTC daily but only sell 1000 USDT of SOL. Today, the exchange rate of SOL against BTC has finally come down. BTC also works against TRUMP. This is a long-term strategy.

Only with a long-term strategy can there be greater certainty. In the short term, due to volatility, there will always be periods of increases and decreases. Therefore, the certainty is insufficient.

Everyone says ETH is dropping, so SOL will definitely surpass ETH to become the next generation of public chain kings.

What I want to say is: The drop in ETH is a negative signal for all public chains, as this indicates that the so-called on-chain prosperity in the short term is all an "illusion". When the tide recedes, everyone is left without pants.

The only application of SOL is in the least useful, negative EV casinos in society. It’s actually quite laughable when you think about it. It’s just about grabbing some current casino business and cultivating some useless gamblers.

What is referred to as valuable means being able to create greater value for users. For example, a hunter spends $500 to buy a shotgun that costs $100, but the shotgun brings the hunter returns of over $10,000. This is what is valuable.

2. Do not do the wrong things. I increasingly feel that in the crypto space, the so-called not doing the wrong things means not engaging in uncertain activities. For example, short-term trading: today, seeing a particular asset's trend is good, and the EV is also acceptable - if it hits the stop loss, the loss won't be much, but if it goes up, the profit will be substantial.

But in the end, I still got stopped out. Although the loss wasn't large, this is actually an uncertain matter. It’s so-called gambling. If this kind of gambling can have its own rules, then with gradual practice, it might yield decent returns, but I still feel that I won’t engage in such short-term trading in the future.

In the future, I will only do certain things. For example, arbitrage, airdrops, etc. And investments that are definitely profitable in the long term.

3. I am grateful for the ept airdrop issued by Binance today; one account can sell for over 70 USDT, which is pretty good. Grateful. Grateful. Grateful.