Web3 is a black hole that will crazily devour the old world of traditional finance
🧩 Market
There hasn’t been much market activity over the weekend, and the market feels like it's gradually declining. It seems the big players are all gearing up to break through before Bitcoin hits 110k, but now that it has really broken through, it seems like they don’t know where to go in the short term.
It's too far from 150k and quite close to 100k, so let's retreat a bit to accumulate some momentum before charging up again! It doesn’t matter, Bitcoin will always reach new all-time highs~
🪙 Preparing to invest in Web3 wealth management
To be honest, I’m starting to consider moving some of my Web2 💰 into Web3. Currently, I have 300k on hand, but the money in Web3 is only 6,000 dollars, which is less than one-fifth.
However, the situation with Huma makes me feel that if you're purely pursuing wealth management, it’s still better to put it in Web3. The fixed deposits in Web2 banks have already dropped to an annualized interest rate starting from 1%, while in Web3, if you discover a good project like Huma, you could have a monthly interest rate of 25%, which is really incomparable.
I started saving on April 19, and it's been just over a month. Of course, back then, the deposit was still at 25x, and now I have 571 coins. At the opening price of 0.1 per coin, that’s about 50 dollars, and I put in 200 dollars as my principal. In one month, with a 25% return, what else is there to say?
⚫ Web3 black hole
In my eyes, Web3 is truly like a black hole that suddenly exploded in the center of the traditional financial world. This black hole has grown significantly over more than a decade, but compared to the old world, it's still a small sphere. However, this small sphere will continuously absorb the entire old world.
If you ask me why I am so certain—the continuously increasing stablecoins on the blockchain are the evidence!