看不懂的sol
一生只玩一个币—sol，推特同名：看不懂的sol
36 Following
27.9K+ Followers
48.5K+ Liked
6.4K+ Shared
See original
Comparison of Deposit Rates between Domestic Banks and Hong Kong Banks!
The four major banks in the universe only offer 1.1-1.5%,
while Hong Kong is basically at 3.5-5%.
Some brothers may ask, why is there such a big gap?
Because the Hong Kong dollar is pegged to the US dollar,
the so-called peg refers to the Hong Kong dollar being linked to the US dollar,
the exchange rate of the Hong Kong dollar remains stable at 7.75-7.85 Hong Kong dollars to 1 US dollar.
This system has been implemented in Hong Kong since October 17, 1983,
and to this day, it remains the cornerstone of Hong Kong's financial and monetary stability.
The four major banks in the universe only offer 1.1-1.5%,
while Hong Kong is basically at 3.5-5%.
Some brothers may ask, why is there such a big gap?
Because the Hong Kong dollar is pegged to the US dollar,
the so-called peg refers to the Hong Kong dollar being linked to the US dollar,
the exchange rate of the Hong Kong dollar remains stable at 7.75-7.85 Hong Kong dollars to 1 US dollar.
This system has been implemented in Hong Kong since October 17, 1983,
and to this day, it remains the cornerstone of Hong Kong's financial and monetary stability.
See original
Many brothers ask me, what is the relationship between gold, silver, currency, and credit? What are M1 and M2?
First, gold and silver: are one of the currency anchoring items, previously the only anchoring item, so in the past gold and silver = currency, which led to the classic saying: 'Gold and silver are naturally currency, but currency is not necessarily gold and silver.'
Currency: domestically also called M1, which is the real printed money.
Credit: Actually, what circulates in the market is credit, which is essentially liabilities. So what about currency? Currency exists in banks, and what circulates in the market is the liabilities M2 released by banks based on M1; the money you earn is actually the liability of one party. There is also a classic saying corresponding to this: 'One party's surplus is another party's liability.'
In market circulation, it is believed that this is one thing, and the purchasing power is the same; in fact, these three are obviously different.
In a normal market, there will be a reasonable abundance of credit. Since what is earned is credit, if there is a surplus (generally, the market will strive not to leave a surplus, high wages, high prices, high-interest rates, low wages, low prices, low-interest rates), then it must be stored upstream, which means either storing currency M1 or storing gold and silver (or other anchoring items, but ordinary people may only have access to gold and silver).
Because we used to be in this economic cycle, it was basically correct to store currency, as the economy was growing, and the demand for currency was high. But what if it is a counter-cyclical situation? Then store anchoring items, because the demand for currency is low, thus interest rates must decline. Although the growth rate of M1 is also declining, M2 will not decrease in order to maintain normal circulation in society; it may even increase, which means M2 increases more than M1, or in other words, liabilities M2 are greater than surplus M1.
Because of the correspondence among the three, in a counter-cyclical situation, M2 is greater than M1, and M2 corresponds to indiscriminate labor, which will inevitably cause M1 to lose value, and the decline in the value of M1 will manifest as an increase in the nominal price of anchoring items.
Therefore, store currency in a pro-cyclical situation, and store gold and silver in a counter-cyclical situation.
If there is still a surplus.
First, gold and silver: are one of the currency anchoring items, previously the only anchoring item, so in the past gold and silver = currency, which led to the classic saying: 'Gold and silver are naturally currency, but currency is not necessarily gold and silver.'
Currency: domestically also called M1, which is the real printed money.
Credit: Actually, what circulates in the market is credit, which is essentially liabilities. So what about currency? Currency exists in banks, and what circulates in the market is the liabilities M2 released by banks based on M1; the money you earn is actually the liability of one party. There is also a classic saying corresponding to this: 'One party's surplus is another party's liability.'
In market circulation, it is believed that this is one thing, and the purchasing power is the same; in fact, these three are obviously different.
In a normal market, there will be a reasonable abundance of credit. Since what is earned is credit, if there is a surplus (generally, the market will strive not to leave a surplus, high wages, high prices, high-interest rates, low wages, low prices, low-interest rates), then it must be stored upstream, which means either storing currency M1 or storing gold and silver (or other anchoring items, but ordinary people may only have access to gold and silver).
Because we used to be in this economic cycle, it was basically correct to store currency, as the economy was growing, and the demand for currency was high. But what if it is a counter-cyclical situation? Then store anchoring items, because the demand for currency is low, thus interest rates must decline. Although the growth rate of M1 is also declining, M2 will not decrease in order to maintain normal circulation in society; it may even increase, which means M2 increases more than M1, or in other words, liabilities M2 are greater than surplus M1.
Because of the correspondence among the three, in a counter-cyclical situation, M2 is greater than M1, and M2 corresponds to indiscriminate labor, which will inevitably cause M1 to lose value, and the decline in the value of M1 will manifest as an increase in the nominal price of anchoring items.
Therefore, store currency in a pro-cyclical situation, and store gold and silver in a counter-cyclical situation.
If there is still a surplus.
See original
From another perspective, isn't it easy and enjoyable to earn a few points every month in the crypto world?
If brothers do not see investment as gambling, but rather as savings and financial management, it can greatly reduce the difficulty of investing.
If brothers do not see investment as gambling, but rather as savings and financial management, it can greatly reduce the difficulty of investing.
Understand the Rule of 72 with one chart, the most magical formula in the investment world!
1. If the annual investment return is 10%, your principal will double in 7.2 years.
2. If the monthly investment return is 10%, your principal will double in 7.2 months.
3. If the daily investment return is 10%, your principal will double in 7.2 trading days.
01. What is the Rule of 72?
Anyone with a basic understanding of finance has probably calculated this: how long will it take for assets to double in wealth management?
Of course, this can be determined through a simple middle school math operation: (1+i)^n=2, where i is the investment return rate, and the exponent is the time to double the asset.
But for professionals in the financial industry, this can be calculated mentally.
Because there is a particularly magical number: 72.
The magic of this number lies in:
Dividing 72 by your “annual investment return rate” gives the number of years needed to double your assets.
02. The magic of the Rule of 72
This rule not only helps you estimate the approximate interest in the complex world of mathematics but also serves as a reference for long-term investment and financial planning.
Based on the same logic, if you want to double your principal in 5 years, what annual return do I need? The answer is: 72/5=14.4%.
Using the “Rule of 72,” let’s compare how long it takes for various mainstream investment methods to double assets:
1. Bank savings: The current one-year fixed deposit interest rate is 1.5%, so the time to double the principal is: 72/1.5=48 years.
2. Government bonds: The current one-year government bond yield is about 2.2%, so the time to double the principal is: 72/3=33 years.
3. Yu'ebao: The current annualized yield is about 2.8%, so the time to double the principal is: 72/3.5=26 years.
4. Cryptocurrency wealth management: The current average annualized yield is about 12%, so the time to double the principal is: 72/12=6 years.
1. If the annual investment return is 10%, your principal will double in 7.2 years.
2. If the monthly investment return is 10%, your principal will double in 7.2 months.
3. If the daily investment return is 10%, your principal will double in 7.2 trading days.
01. What is the Rule of 72?
Anyone with a basic understanding of finance has probably calculated this: how long will it take for assets to double in wealth management?
Of course, this can be determined through a simple middle school math operation: (1+i)^n=2, where i is the investment return rate, and the exponent is the time to double the asset.
But for professionals in the financial industry, this can be calculated mentally.
Because there is a particularly magical number: 72.
The magic of this number lies in:
Dividing 72 by your “annual investment return rate” gives the number of years needed to double your assets.
02. The magic of the Rule of 72
This rule not only helps you estimate the approximate interest in the complex world of mathematics but also serves as a reference for long-term investment and financial planning.
Based on the same logic, if you want to double your principal in 5 years, what annual return do I need? The answer is: 72/5=14.4%.
Using the “Rule of 72,” let’s compare how long it takes for various mainstream investment methods to double assets:
1. Bank savings: The current one-year fixed deposit interest rate is 1.5%, so the time to double the principal is: 72/1.5=48 years.
2. Government bonds: The current one-year government bond yield is about 2.2%, so the time to double the principal is: 72/3=33 years.
3. Yu'ebao: The current annualized yield is about 2.8%, so the time to double the principal is: 72/3.5=26 years.
4. Cryptocurrency wealth management: The current average annualized yield is about 12%, so the time to double the principal is: 72/12=6 years.
See original
Understand the Rule of 72 with one chart, the most magical formula in the investment world!
1. If the annual investment return is 10%, your principal will double in 7.2 years.
2. If the monthly investment return is 10%, your principal will double in 7.2 months.
3. If the daily investment return is 10%, your principal will double in 7.2 trading days.
01. What is the Rule of 72?
Anyone with a basic understanding of finance has probably calculated this: how long will it take for assets to double in wealth management?
Of course, this can be determined through a simple middle school math operation: (1+i)^n=2, where i is the investment return rate, and the exponent is the time to double the asset.
But for professionals in the financial industry, this can be calculated mentally.
Because there is a particularly magical number: 72.
The magic of this number lies in:
Dividing 72 by your “annual investment return rate” gives the number of years needed to double your assets.
02. The magic of the Rule of 72
This rule not only helps you estimate the approximate interest in the complex world of mathematics but also serves as a reference for long-term investment and financial planning.
Based on the same logic, if you want to double your principal in 5 years, what annual return do I need? The answer is: 72/5=14.4%.
Using the “Rule of 72,” let’s compare how long it takes for various mainstream investment methods to double assets:
1. Bank savings: The current one-year fixed deposit interest rate is 1.5%, so the time to double the principal is: 72/1.5=48 years.
2. Government bonds: The current one-year government bond yield is about 2.2%, so the time to double the principal is: 72/3=33 years.
3. Yu'ebao: The current annualized yield is about 2.8%, so the time to double the principal is: 72/3.5=26 years.
4. Cryptocurrency wealth management: The current average annualized yield is about 12%, so the time to double the principal is: 72/12=6 years.
1. If the annual investment return is 10%, your principal will double in 7.2 years.
2. If the monthly investment return is 10%, your principal will double in 7.2 months.
3. If the daily investment return is 10%, your principal will double in 7.2 trading days.
01. What is the Rule of 72?
Anyone with a basic understanding of finance has probably calculated this: how long will it take for assets to double in wealth management?
Of course, this can be determined through a simple middle school math operation: (1+i)^n=2, where i is the investment return rate, and the exponent is the time to double the asset.
But for professionals in the financial industry, this can be calculated mentally.
Because there is a particularly magical number: 72.
The magic of this number lies in:
Dividing 72 by your “annual investment return rate” gives the number of years needed to double your assets.
02. The magic of the Rule of 72
This rule not only helps you estimate the approximate interest in the complex world of mathematics but also serves as a reference for long-term investment and financial planning.
Based on the same logic, if you want to double your principal in 5 years, what annual return do I need? The answer is: 72/5=14.4%.
Using the “Rule of 72,” let’s compare how long it takes for various mainstream investment methods to double assets:
1. Bank savings: The current one-year fixed deposit interest rate is 1.5%, so the time to double the principal is: 72/1.5=48 years.
2. Government bonds: The current one-year government bond yield is about 2.2%, so the time to double the principal is: 72/3=33 years.
3. Yu'ebao: The current annualized yield is about 2.8%, so the time to double the principal is: 72/3.5=26 years.
4. Cryptocurrency wealth management: The current average annualized yield is about 12%, so the time to double the principal is: 72/12=6 years.
See original
Understand it at a glance! Global transfer strategies for land ports between the US and Europe & safe entry and exit strategies for the cryptocurrency market / US and Hong Kong stocks.
Many brothers suffer from non-counter withdrawals, account freezes, price manipulation by unscrupulous currency dealers, or being scammed by others during payment processes, leading to contamination of funds. It's hard to express the difficulties; today, I will share a guide on safe entry and exit methods for the cryptocurrency market / US and Hong Kong stocks!
Many brothers suffer from non-counter withdrawals, account freezes, price manipulation by unscrupulous currency dealers, or being scammed by others during payment processes, leading to contamination of funds. It's hard to express the difficulties; today, I will share a guide on safe entry and exit methods for the cryptocurrency market / US and Hong Kong stocks!
See original
After making 1 million, there are no secrets in trading.
The secrets are: 1. Trend, 2. Inertia, 3. Regression, 4. Repetition.
These are the unchanging laws of the financial markets throughout history,
The reason these laws continue to work is that the participants are always human.
Human nature has never changed.
If the market were entirely composed of robots, then there would be no rules in that market, and no one could make money in the market.
As long as you master these four fundamental laws, you can earn the wealth you desire in any market.
Understanding these basic essential laws is the underlying logic and cognition, rather than the methods pursued by 99% of people. All trading systems are false propositions.
Capital, human nature, and cognition are the essence of trading.
The secrets are: 1. Trend, 2. Inertia, 3. Regression, 4. Repetition.
These are the unchanging laws of the financial markets throughout history,
The reason these laws continue to work is that the participants are always human.
Human nature has never changed.
If the market were entirely composed of robots, then there would be no rules in that market, and no one could make money in the market.
As long as you master these four fundamental laws, you can earn the wealth you desire in any market.
Understanding these basic essential laws is the underlying logic and cognition, rather than the methods pursued by 99% of people. All trading systems are false propositions.
Capital, human nature, and cognition are the essence of trading.
What is the fundamental difference between investment and speculation?
Reflections after repeatedly reading 'The Intelligent Investor'
Predecessor Graham pointed out the essential difference between investment and speculation:
Investment operations are based on in-depth analysis, ensuring the safety of the principal, and obtaining appropriate returns; operations that do not meet these requirements are speculation.
Three Core Elements of Investment
From the definition of investment, it includes the following three core elements:
In-depth analysis: based on the fundamentals of the company (profitability, financial condition, industry prospects) rather than market sentiment;
Principal safety: hedging risks through 'margin of safety' (such as buying at undervalued prices);
Appropriate returns: pursuing long-term stable returns rather than short-term windfall profits.
Remember: Avoid chasing highs and cutting losses, remember: Avoid speculative shortcuts.
Four Major Traps of Speculation
Relying on market volatility: focusing on short-term price fluctuations rather than the true value of assets;
Information-driven decision-making: chasing hot trends, insider information, or technical charts, lacking independent analysis;
High-leverage gambling: while amplifying returns, risks increase exponentially;
Emotional trading: chasing highs when greedy, panic-selling when fearful, falling into a 'buy high sell low' cycle.
How to Avoid Speculation
1. Three Soul Questions:
Are you investing or speculating?
Have you analyzed the company's financial statements and business model?
Is your buying decision based on 'price below value' or 'feeling it will rise'?
Can you withstand holding a position for 3 years without growth or even a 30% drop?
2. Four Major Action Guidelines
Establish a margin of safety: only buy when the stock price is below intrinsic value by 30%;
Diversified allocation: allocate stocks, bonds, and cash according to risk tolerance;
Regular review: assess whether the logic of holdings has changed each year, rather than watching short-term fluctuations;
Reject leverage: invest with spare money to avoid the risk of liquidation.
The essence of investment is cognitive realization.
True investment is a game with oneself:
Overcome greed: refuse the temptation of 'doubling in a month';
Cultivate patience: hold assets like a farmer waiting for crops to grow;
Maintain humility: acknowledge the unpredictability of the market and focus on controllable factors.
'Time is a friend of good companies and an enemy of bad companies.' — Warren Buffett
Let's encourage each other!
Reflections after repeatedly reading 'The Intelligent Investor'
Predecessor Graham pointed out the essential difference between investment and speculation:
Investment operations are based on in-depth analysis, ensuring the safety of the principal, and obtaining appropriate returns; operations that do not meet these requirements are speculation.
Three Core Elements of Investment
From the definition of investment, it includes the following three core elements:
In-depth analysis: based on the fundamentals of the company (profitability, financial condition, industry prospects) rather than market sentiment;
Principal safety: hedging risks through 'margin of safety' (such as buying at undervalued prices);
Appropriate returns: pursuing long-term stable returns rather than short-term windfall profits.
Remember: Avoid chasing highs and cutting losses, remember: Avoid speculative shortcuts.
Four Major Traps of Speculation
Relying on market volatility: focusing on short-term price fluctuations rather than the true value of assets;
Information-driven decision-making: chasing hot trends, insider information, or technical charts, lacking independent analysis;
High-leverage gambling: while amplifying returns, risks increase exponentially;
Emotional trading: chasing highs when greedy, panic-selling when fearful, falling into a 'buy high sell low' cycle.
How to Avoid Speculation
1. Three Soul Questions:
Are you investing or speculating?
Have you analyzed the company's financial statements and business model?
Is your buying decision based on 'price below value' or 'feeling it will rise'?
Can you withstand holding a position for 3 years without growth or even a 30% drop?
2. Four Major Action Guidelines
Establish a margin of safety: only buy when the stock price is below intrinsic value by 30%;
Diversified allocation: allocate stocks, bonds, and cash according to risk tolerance;
Regular review: assess whether the logic of holdings has changed each year, rather than watching short-term fluctuations;
Reject leverage: invest with spare money to avoid the risk of liquidation.
The essence of investment is cognitive realization.
True investment is a game with oneself:
Overcome greed: refuse the temptation of 'doubling in a month';
Cultivate patience: hold assets like a farmer waiting for crops to grow;
Maintain humility: acknowledge the unpredictability of the market and focus on controllable factors.
'Time is a friend of good companies and an enemy of bad companies.' — Warren Buffett
Let's encourage each other!
See original
What is the fundamental difference between investment and speculation?
Reflections after repeatedly reading 'The Intelligent Investor'
Predecessor Graham pointed out the essential difference between investment and speculation:
Investment operations are based on in-depth analysis, ensuring the safety of the principal, and obtaining appropriate returns; operations that do not meet these requirements are speculation.
Three Core Elements of Investment
From the definition of investment, it includes the following three core elements:
In-depth analysis: based on the fundamentals of the company (profitability, financial condition, industry prospects) rather than market sentiment;
Principal safety: hedging risks through 'margin of safety' (such as buying at undervalued prices);
Appropriate returns: pursuing long-term stable returns rather than short-term windfall profits.
Remember: Avoid chasing highs and cutting losses, remember: Avoid speculative shortcuts.
Four Major Traps of Speculation
Relying on market volatility: focusing on short-term price fluctuations rather than the true value of assets;
Information-driven decision-making: chasing hot trends, insider information, or technical charts, lacking independent analysis;
High-leverage gambling: while amplifying returns, risks increase exponentially;
Emotional trading: chasing highs when greedy, panic-selling when fearful, falling into a 'buy high sell low' cycle.
How to Avoid Speculation
1. Three Soul Questions:
Are you investing or speculating?
Have you analyzed the company's financial statements and business model?
Is your buying decision based on 'price below value' or 'feeling it will rise'?
Can you withstand holding a position for 3 years without growth or even a 30% drop?
2. Four Major Action Guidelines
Establish a margin of safety: only buy when the stock price is below intrinsic value by 30%;
Diversified allocation: allocate stocks, bonds, and cash according to risk tolerance;
Regular review: assess whether the logic of holdings has changed each year, rather than watching short-term fluctuations;
Reject leverage: invest with spare money to avoid the risk of liquidation.
The essence of investment is cognitive realization.
True investment is a game with oneself:
Overcome greed: refuse the temptation of 'doubling in a month';
Cultivate patience: hold assets like a farmer waiting for crops to grow;
Maintain humility: acknowledge the unpredictability of the market and focus on controllable factors.
'Time is a friend of good companies and an enemy of bad companies.' — Warren Buffett
Let's encourage each other!
Reflections after repeatedly reading 'The Intelligent Investor'
Predecessor Graham pointed out the essential difference between investment and speculation:
Investment operations are based on in-depth analysis, ensuring the safety of the principal, and obtaining appropriate returns; operations that do not meet these requirements are speculation.
Three Core Elements of Investment
From the definition of investment, it includes the following three core elements:
In-depth analysis: based on the fundamentals of the company (profitability, financial condition, industry prospects) rather than market sentiment;
Principal safety: hedging risks through 'margin of safety' (such as buying at undervalued prices);
Appropriate returns: pursuing long-term stable returns rather than short-term windfall profits.
Remember: Avoid chasing highs and cutting losses, remember: Avoid speculative shortcuts.
Four Major Traps of Speculation
Relying on market volatility: focusing on short-term price fluctuations rather than the true value of assets;
Information-driven decision-making: chasing hot trends, insider information, or technical charts, lacking independent analysis;
High-leverage gambling: while amplifying returns, risks increase exponentially;
Emotional trading: chasing highs when greedy, panic-selling when fearful, falling into a 'buy high sell low' cycle.
How to Avoid Speculation
1. Three Soul Questions:
Are you investing or speculating?
Have you analyzed the company's financial statements and business model?
Is your buying decision based on 'price below value' or 'feeling it will rise'?
Can you withstand holding a position for 3 years without growth or even a 30% drop?
2. Four Major Action Guidelines
Establish a margin of safety: only buy when the stock price is below intrinsic value by 30%;
Diversified allocation: allocate stocks, bonds, and cash according to risk tolerance;
Regular review: assess whether the logic of holdings has changed each year, rather than watching short-term fluctuations;
Reject leverage: invest with spare money to avoid the risk of liquidation.
The essence of investment is cognitive realization.
True investment is a game with oneself:
Overcome greed: refuse the temptation of 'doubling in a month';
Cultivate patience: hold assets like a farmer waiting for crops to grow;
Maintain humility: acknowledge the unpredictability of the market and focus on controllable factors.
'Time is a friend of good companies and an enemy of bad companies.' — Warren Buffett
Let's encourage each other!
See original
When will BTC peak?
Latest model assessment
Current price: $94,000
Quantitative model risk score: 56.6%
Current stage: Initiating the second surge, attempting to break through the critical point and enter the speculative acceleration zone.
Historical pattern: In past cycles, the price has always experienced one or two failed breakthroughs (traps) before the final peak.
Valuation benchmark: The current stage is equivalent to November 2020 (when Bitcoin was at $13,000), after which the price skyrocketed from $13,000 to $61,000.
Current analysis: This time, due to participation from Trump, institutions, listed companies, celebrities, etc., and constrained by tightening monetary policy and concerns about economic recession, the pace of the increase may be relatively slower.
But the key point is: The Federal Reserve's monetary policy has basically determined to enter a loosening phase.
Excluding the short-term volatility caused by concerns about economic recession, the macro environment constitutes a strong positive for Bitcoin.
Model conclusion: Through model and macro analysis, all conditions for Bitcoin to peak will converge before the end of this year: loose monetary policy + tariff impact fading + pro-economic growth policy combination (tax cuts/regulatory easing, etc.)
Latest model assessment
Current price: $94,000
Quantitative model risk score: 56.6%
Current stage: Initiating the second surge, attempting to break through the critical point and enter the speculative acceleration zone.
Historical pattern: In past cycles, the price has always experienced one or two failed breakthroughs (traps) before the final peak.
Valuation benchmark: The current stage is equivalent to November 2020 (when Bitcoin was at $13,000), after which the price skyrocketed from $13,000 to $61,000.
Current analysis: This time, due to participation from Trump, institutions, listed companies, celebrities, etc., and constrained by tightening monetary policy and concerns about economic recession, the pace of the increase may be relatively slower.
But the key point is: The Federal Reserve's monetary policy has basically determined to enter a loosening phase.
Excluding the short-term volatility caused by concerns about economic recession, the macro environment constitutes a strong positive for Bitcoin.
Model conclusion: Through model and macro analysis, all conditions for Bitcoin to peak will converge before the end of this year: loose monetary policy + tariff impact fading + pro-economic growth policy combination (tax cuts/regulatory easing, etc.)
See original
Excellent speculators are always waiting,
always patient.
Waiting for the market to confirm their judgments.
Remember, do not fully trust your judgments until the market itself confirms your views!
always patient.
Waiting for the market to confirm their judgments.
Remember, do not fully trust your judgments until the market itself confirms your views!
See original
Understanding 'How the Economic Machine Works' at a Glance
Many brothers say the video is too long, no problem!
To help my brothers understand better, I specially added this guide map. This mind map outlines the operational mechanism of the economic machine.
It includes key elements such as transactions, credit, markets, cycles, and deleveraging, helping my brothers understand the fluctuations of economic cycles, the effects of credit expansion and contraction, and how to achieve balance and stability in the economy through policy tools.
Many brothers say the video is too long, no problem!
To help my brothers understand better, I specially added this guide map. This mind map outlines the operational mechanism of the economic machine.
It includes key elements such as transactions, credit, markets, cycles, and deleveraging, helping my brothers understand the fluctuations of economic cycles, the effects of credit expansion and contraction, and how to achieve balance and stability in the economy through policy tools.
See original
Summary of U.S. debt-related issues! Why are people selling U.S. debt? What consequences will the chain reaction after the maturity of U.S. debt cause?
Q: When bond yields go higher, will the government pay more?
A: The government issues bonds in the primary market. Once issued, the repayment amount is fixed. The so-called yield refers to the yield in the secondary market.
Because the transaction price in the secondary market is not fixed, the yield is also different. For example, when the government issues bonds, it will sell you a 100 bond at a discount of 95, and return you 100 at maturity, and the extra 5 yuan is considered interest.
In the secondary market, this bond may be traded at 96 or 94. The higher the transaction price, the lower the yield, and vice versa. The transaction price of a bond is inversely related to its yield. Long-term bonds pay interest at fixed periods and repay the principal at maturity, but the principle is the same.
A: The government issues bonds in the primary market. Once issued, the repayment amount is fixed. The so-called yield refers to the yield in the secondary market.
Because the transaction price in the secondary market is not fixed, the yield is also different. For example, when the government issues bonds, it will sell you a 100 bond at a discount of 95, and return you 100 at maturity, and the extra 5 yuan is considered interest.
In the secondary market, this bond may be traded at 96 or 94. The higher the transaction price, the lower the yield, and vice versa. The transaction price of a bond is inversely related to its yield. Long-term bonds pay interest at fixed periods and repay the principal at maturity, but the principle is the same.
See original
How to Understand the Underlying Logic of Exchange Rate Fluctuations with One Chart?
A brother asked, why does the price of buying and exchanging USD fluctuate frequently?
So who decides the exchange rate of the US dollar against the Chinese yuan?
Actually, there are five factors that affect the exchange rate:
Inflation, interest rates, balance of payments, risk, central bank regulation.
A brother asked, why does the price of buying and exchanging USD fluctuate frequently?
So who decides the exchange rate of the US dollar against the Chinese yuan?
Actually, there are five factors that affect the exchange rate:
Inflation, interest rates, balance of payments, risk, central bank regulation.
See original
10 Investment Insights Every Investor Must Know
See original
Brothers! Let me continue being a sand wall
Buy 1 ETH and 0.05 BTC mindlessly
Buy 1 ETH and 0.05 BTC mindlessly
Huang Qifan: What is the essence of finance? (Easy to understand)
A brother asked me, in China, what is the essence of finance?
Here I quote Mayor Huang Qifan's three sentences:
First: Manage money for the wealthy, and finance for those who lack money;
Second: The core essence of financial enterprises lies in the three links of credit, leverage, and risk; we need to grasp these three links and their degree well;
Third: The purpose of all financial activities is to serve the real economy.
A brother asked me, in China, what is the essence of finance?
Here I quote Mayor Huang Qifan's three sentences:
First: Manage money for the wealthy, and finance for those who lack money;
Second: The core essence of financial enterprises lies in the three links of credit, leverage, and risk; we need to grasp these three links and their degree well;
Third: The purpose of all financial activities is to serve the real economy.
See original
Huang Qifan: What is the essence of finance? (Easy to understand)
A brother asked me, in China, what is the essence of finance?
Here I quote Mayor Huang Qifan's three sentences:
First: Manage money for the wealthy, and finance for those who lack money;
Second: The core essence of financial enterprises lies in the three links of credit, leverage, and risk; we need to grasp these three links and their degree well;
Third: The purpose of all financial activities is to serve the real economy.
A brother asked me, in China, what is the essence of finance?
Here I quote Mayor Huang Qifan's three sentences:
First: Manage money for the wealthy, and finance for those who lack money;
Second: The core essence of financial enterprises lies in the three links of credit, leverage, and risk; we need to grasp these three links and their degree well;
Third: The purpose of all financial activities is to serve the real economy.
See original
Understanding the Ten Principles of Economics at a Glance (Plain Language)
Many brothers think that relying on 'all-in faith' can conquer the crypto world?
Without understanding opportunity cost, every time you go all-in, you are paving the way for someone else's financial freedom.
Ignoring marginal risk, increasing leverage at a moment's notice is destined to become charity fuel for the exchange.
Sometimes, they can't even grasp the simple principles of inflation, disregarding market supply and demand and liquidity factors,
Blindly chasing after price increases and selling at dips is just the standard posture of a retail investor handing a knife to the market maker.
Brothers, remember that there are no fairy tales in the crypto world, only hunters armed with economic and financial logic, and prey lying flat under the tax of cognition.
If you don’t thoroughly understand these basic financial principles, every penny you earn will eventually become tuition paid back to the market.
—— Your candlestick chart has long been written into textbooks.
Many brothers think that relying on 'all-in faith' can conquer the crypto world?
Without understanding opportunity cost, every time you go all-in, you are paving the way for someone else's financial freedom.
Ignoring marginal risk, increasing leverage at a moment's notice is destined to become charity fuel for the exchange.
Sometimes, they can't even grasp the simple principles of inflation, disregarding market supply and demand and liquidity factors,
Blindly chasing after price increases and selling at dips is just the standard posture of a retail investor handing a knife to the market maker.
Brothers, remember that there are no fairy tales in the crypto world, only hunters armed with economic and financial logic, and prey lying flat under the tax of cognition.
If you don’t thoroughly understand these basic financial principles, every penny you earn will eventually become tuition paid back to the market.
—— Your candlestick chart has long been written into textbooks.
See original
Must-watch for making money! The top ten legendary financial documentaries in the US stock market and cryptocurrency 🔥
1. How the Economic Machine Works 🌟9.5
Recommendation: This documentary is personally explained by Ray Dalio, the founder of Bridgewater Associates, breaking down complex economic concepts into clear and understandable insights, making it very suitable for brothers interested in macroeconomics.
2. The Ascent of Money: A Financial History of the World 🌟8.6
Recommendation: This documentary tells the brief history of world finance in an easy-to-understand manner, covering everything from the origins of money to the formation of the modern financial system, with rich and vivid content.
3. Million Dollar Traders 🌟8.6
Recommendation: This reality documentary records the real trading experiences of 8 inexperienced participants, showcasing their growth and challenges during the trading process.
4. Money (Complete 10 episodes) 🌟7.7
Recommendation: This large 10-episode documentary produced by CCTV comprehensively analyzes the mysteries of money. From the origins of money to the operation of the modern financial system, the content is authoritative and easy to understand.
5. The High Ground: The War of the World Economy 🌟9.0
Recommendation: This documentary explores the development history and key events of the world economy from the perspective of economists.
6. The Thing About Venture Capital 🌟7.8
Recommendation: This documentary was selected by Businessweek as one of the 50 must-watch films for MBA students, providing an in-depth analysis of the operation mechanisms of venture capital.
7. Why Poverty 🌟9.0
Recommendation: This documentary explores the global poverty issue and its solutions, provoking profound social reflection.
8. Debt: The First 5,000 Years 🌟8.8
Recommendation: This documentary deeply analyzes the nature of money in the modern financial system, revealing the role of debt within the financial system.
9. The Smartest Guys in the Room 🌟8.4
Recommendation: This documentary records the largest business scandal in Wall Street history—the Enron scandal, revealing the importance of business ethics.
10. Wall Street (Complete 10 episodes) 🌟8.6
Recommendation: This documentary outlines the changes in Wall Street over the past two hundred years, presenting a comprehensive overview of Wall Street's development history.
Whether in the cryptocurrency space or the US stock market, learning is an endless process.
Understanding human nature, grasping market psychology, and having a profound understanding of risk management.
Let’s encourage each other!
1. How the Economic Machine Works 🌟9.5
Recommendation: This documentary is personally explained by Ray Dalio, the founder of Bridgewater Associates, breaking down complex economic concepts into clear and understandable insights, making it very suitable for brothers interested in macroeconomics.
2. The Ascent of Money: A Financial History of the World 🌟8.6
Recommendation: This documentary tells the brief history of world finance in an easy-to-understand manner, covering everything from the origins of money to the formation of the modern financial system, with rich and vivid content.
3. Million Dollar Traders 🌟8.6
Recommendation: This reality documentary records the real trading experiences of 8 inexperienced participants, showcasing their growth and challenges during the trading process.
4. Money (Complete 10 episodes) 🌟7.7
Recommendation: This large 10-episode documentary produced by CCTV comprehensively analyzes the mysteries of money. From the origins of money to the operation of the modern financial system, the content is authoritative and easy to understand.
5. The High Ground: The War of the World Economy 🌟9.0
Recommendation: This documentary explores the development history and key events of the world economy from the perspective of economists.
6. The Thing About Venture Capital 🌟7.8
Recommendation: This documentary was selected by Businessweek as one of the 50 must-watch films for MBA students, providing an in-depth analysis of the operation mechanisms of venture capital.
7. Why Poverty 🌟9.0
Recommendation: This documentary explores the global poverty issue and its solutions, provoking profound social reflection.
8. Debt: The First 5,000 Years 🌟8.8
Recommendation: This documentary deeply analyzes the nature of money in the modern financial system, revealing the role of debt within the financial system.
9. The Smartest Guys in the Room 🌟8.4
Recommendation: This documentary records the largest business scandal in Wall Street history—the Enron scandal, revealing the importance of business ethics.
10. Wall Street (Complete 10 episodes) 🌟8.6
Recommendation: This documentary outlines the changes in Wall Street over the past two hundred years, presenting a comprehensive overview of Wall Street's development history.
Whether in the cryptocurrency space or the US stock market, learning is an endless process.
Understanding human nature, grasping market psychology, and having a profound understanding of risk management.
Let’s encourage each other!
See original
In-depth! Is the U.S. Treasury going to default? Is June going to explode? How ridiculous...
Recently, the entire domestic media has been filled with voices about U.S. Treasury defaults.
In fact, if one doesn't have some basic knowledge of economics,
they could really be misled by their own people.
Even many influencers say there's a high probability of a black swan in June, and the market may crash.
It's truly ridiculous and absurd! To help everyone clarify the real situation, I specially created this chart, covering a lot of data verification.
First, U.S. Treasury bond defaults can be divided into two types:
1. The first type of technical default.
In simple terms, it's because the debt ceiling hasn't been approved, or the fiscal budget has hit a snag, causing the U.S. Treasury to temporarily be unable to pay.
In fact, if one doesn't have some basic knowledge of economics,
they could really be misled by their own people.
Even many influencers say there's a high probability of a black swan in June, and the market may crash.
It's truly ridiculous and absurd! To help everyone clarify the real situation, I specially created this chart, covering a lot of data verification.
First, U.S. Treasury bond defaults can be divided into two types:
1. The first type of technical default.
In simple terms, it's because the debt ceiling hasn't been approved, or the fiscal budget has hit a snag, causing the U.S. Treasury to temporarily be unable to pay.
See original
A brother asked, what is the essential difference between speculation, investment, and gambling?
"Why am I still stuck even though I hold value coins for a long time?"
"Does watching the market every day to swing trade and engage in contracts count as investment?"
These questions actually confuse three completely different rules of wealth games. Let's break down this confusion through three life scenarios.
🔺First Scenario: Old Liu's Apple Orchard
Old Liu spent three years studying the climate and soil, took out a loan to cultivate barren hills to plant apple trees. He researches grafting techniques every day, records rainfall, and even lights fires on frost nights to prevent freeze. In the fifth year, the orchard finally yields a bountiful harvest, and even with market price fluctuations, he can still obtain stable income through quality.
This is just like value investors—building a margin of safety with deep understanding, allowing time to be an ally. As Graham said: "Investment is based on in-depth analysis to ensure the safety of the principal and obtain appropriate returns."
🔺Second Scenario: Xiao Li's Fruit Stand
Xiao Li noticed that a typhoon caused the price of bananas to soar, so he borrowed money to stockpile mangoes. He doesn't need to know the mango varieties or care about planting techniques; he only calculates how to quickly flip them for profit by taking advantage of price differences.
This kind of “passing the parcel” operation is precisely the “castle in the air theory” proposed by Keynes—just find a more foolish buyer to take over. Just like typical altcoins, when the music stops, the last holder often pays a painful price.
🔺Third Scenario: Xiao Wang's Lottery Dream
Xiao Wang spends thirty percent of his salary on lottery tickets, firmly believing that “wealth comes from risks.” He is unaware that the mathematical expectation of each lottery ticket is negative and does not study probability distributions, purely entrusting his fate to a random number generator.
This behavior pattern is no different from a gambler sitting in a casino betting on high or low—exchanging certain losses for uncertain huge profits, which is essentially a chronic form of statistical suicide.
These three scenarios reveal the essential differences: investors create value, speculators transfer value, and gamblers consume value.
When you are ready to buy a certain asset, you might as well ask yourself three questions:
Do I clearly understand its true value?
Is my return coming from the growth of the enterprise or market sentiment?
Can I bear the loss in the worst-case scenario?
The answers to these three questions will illuminate the essence of your actions like a mirror.
Let's encourage each other!
"Why am I still stuck even though I hold value coins for a long time?"
"Does watching the market every day to swing trade and engage in contracts count as investment?"
These questions actually confuse three completely different rules of wealth games. Let's break down this confusion through three life scenarios.
🔺First Scenario: Old Liu's Apple Orchard
Old Liu spent three years studying the climate and soil, took out a loan to cultivate barren hills to plant apple trees. He researches grafting techniques every day, records rainfall, and even lights fires on frost nights to prevent freeze. In the fifth year, the orchard finally yields a bountiful harvest, and even with market price fluctuations, he can still obtain stable income through quality.
This is just like value investors—building a margin of safety with deep understanding, allowing time to be an ally. As Graham said: "Investment is based on in-depth analysis to ensure the safety of the principal and obtain appropriate returns."
🔺Second Scenario: Xiao Li's Fruit Stand
Xiao Li noticed that a typhoon caused the price of bananas to soar, so he borrowed money to stockpile mangoes. He doesn't need to know the mango varieties or care about planting techniques; he only calculates how to quickly flip them for profit by taking advantage of price differences.
This kind of “passing the parcel” operation is precisely the “castle in the air theory” proposed by Keynes—just find a more foolish buyer to take over. Just like typical altcoins, when the music stops, the last holder often pays a painful price.
🔺Third Scenario: Xiao Wang's Lottery Dream
Xiao Wang spends thirty percent of his salary on lottery tickets, firmly believing that “wealth comes from risks.” He is unaware that the mathematical expectation of each lottery ticket is negative and does not study probability distributions, purely entrusting his fate to a random number generator.
This behavior pattern is no different from a gambler sitting in a casino betting on high or low—exchanging certain losses for uncertain huge profits, which is essentially a chronic form of statistical suicide.
These three scenarios reveal the essential differences: investors create value, speculators transfer value, and gamblers consume value.
When you are ready to buy a certain asset, you might as well ask yourself three questions:
Do I clearly understand its true value?
Is my return coming from the growth of the enterprise or market sentiment?
Can I bear the loss in the worst-case scenario?
The answers to these three questions will illuminate the essence of your actions like a mirror.
Let's encourage each other!
See original
Play with US stocks, Episode 10! How does Buffett analyze high-quality stocks through financial reports?
🔺Gross profit margin: gross profit/revenue|>40%
🔺Ratio of sales, general and administrative expenses (SG&A) to gross profit: SG&A/gross profit|<30%
🔺Ratio of R&D expenses to gross profit: R&D/gross profit|<30%
🔺Ratio of depreciation to gross profit: depreciation/gross profit|<span -Ratio of interest to operating income: interest/operating income|<15%
🔺Ratio of taxes to pre-tax income: taxes/pre-tax income|in line with corporate tax rate
🔺Ratio of net income to revenue: net income/revenue|>20%
🔺Earnings per share (EPS) growth: EPS in the second year/EPS in the first year|shows positive growth
🔺Gross profit margin: gross profit/revenue|>40%
🔺Ratio of sales, general and administrative expenses (SG&A) to gross profit: SG&A/gross profit|<30%
🔺Ratio of R&D expenses to gross profit: R&D/gross profit|<30%
🔺Ratio of depreciation to gross profit: depreciation/gross profit|<span -Ratio of interest to operating income: interest/operating income|<15%
🔺Ratio of taxes to pre-tax income: taxes/pre-tax income|in line with corporate tax rate
🔺Ratio of net income to revenue: net income/revenue|>20%
🔺Earnings per share (EPS) growth: EPS in the second year/EPS in the first year|shows positive growth
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Trending Topics
AirdropStepByStep
94,258 views
2,989 Discussing
🪂 #AirdropStepByStep — Step-By-Step Airdrop Guides
Claiming an airdrop isn’t always straightforward. Some require social tasks, others ask for testnet interactions or multi-step quests. Use #AirdropStepByStep to walk others through an airdrop you’ve completed from start to finish.
💬 Your post can include:
· A brief intro to the airdrop/project (what’s it about?)
· Tasks required to qualify (e.g. connect wallet, testnet, quests)
· Step-by-step walkthrough of what you did
· Tips or warnings (e.g. “you’ll need testnet ETH” or “gas was high”)
· What you received or expect to receive
💡 Tip: Use screenshots or screen recordings to help showcase your personal process!
🚫 Reminder: Keep links on Square, no external links allowed.
👉 Post with #AirdropStepByStep , share your insights to earn Binance Points and complete all 3 campaign topics to qualify for the shared 1 BNB reward pool!
(Press the "+" on the App homepage and click on Task Center)
Full campaign details here.
Binance Square Official
45 Likes
12k views
AITokensBounce
11.2M views
5,758 Discussing
BTCRebound
14.5M views
54,441 Discussing
