林克Clean

I have held Bitcoin for 10 years, and this Binance account is the same age as Binance itself. I registered in July 2017 when Binance launched. Today, I found a post from 2016 when I bought Bitcoin for over 524,649,986,103,000 RMB. At the end of that year, Trump was elected as the President of the United States for the first time, and the price of Bitcoin surged to over 7,000 RMB. I sold off more than half, making a profit of more than double. That was the time I sold the most Bitcoin. Low cost but unable to hold, the limitation of understanding is just the surface. The deeper reason is that Bitcoin has become a container for consuming imagination, carrying a future narrative far beyond my initial understanding.
Observing the Bitcoin whales around me, most of them earn Bitcoin through work. The cost is not the fiat currency used to buy it, but the realization of abilities and resources. Therefore, the cost of fiat currency is original sin, and anchoring prices is a mental demon. The best way is to make your abilities and value become mining machines, directly exchanging labor value for Bitcoin. Without buying points or selling points, one can traverse bulls and bears and stand firm in the torrent of time.

CZ founded Binance at the age of 40 and achieved a profit of 1 billion dollars by the age of 41

Soaring upwards, that year, all the winds were blowing in his direction at the same time.
The story looks like this, a refreshing narrative.

But in reality, before Binance, CZ went through real entrepreneurial exploration. His experience at Fusion Systems laid the foundation for trading systems and architecture; although Bitzi Technology had its technology and revenue, the greatest gain, I believe, was understanding the meaning of regulation; having been trapped in buying coins, he also stepped on every pitfall he could in the early exchanges.
No step was taken in vain.

If you feel like you haven't achieved results now,
maybe it's just like CZ when he was young,
it's not that you haven't grown, you are just putting down roots.

Support Fruit Brother

The OVERTAKE community of the Sui ecosystem has chosen to invest in children this year.
BlueBid charity donations will be entirely given to Save the Children.

This is also something I have been committed to, in addition to making monthly donations to UNICEF.
The most meaningful part was sending a small token of care to children in the Gaza Strip of Palestine last Children's Day.

Many projects only have narratives left after TGE, the core of OVERTAKE is its ability to do so.
It's not a PPT; it's a project that is already making money and is expanding.

Only then can we help the world.

I just saw the $TAKE staking pool, which added 5000 stakers in one month,
with a total of 12 million $TAKE tokens staked, and it continues to grow.
A staking product that connects BSC and $Sui will also be launched soon, allowing cooperative projects to participate together across different chains instead of working separately.

Their core business has an annual trading volume of 100 million dollars, earning 6 million a year. This enables OVERTAKE to take on more responsibilities.

Most importantly, they are bringing Web2 users onto the chain,
which is what the market currently needs the most; it has been longing for new entrants for too long. 😂

The back-and-forth market for painting doors for a month has truly been sickening. I've been in the cryptocurrency space for so many years, and I've never seen such a torturous trend, constantly tormenting people. What about you?

Maotai has fallen below 1500, and the export version has dropped to 1300.
China's old Deng assets are in a comprehensive collapse.

The rich buy assets, the middle class buy liabilities, and the poor buy consumer goods.
Yet people in the cryptocurrency world love to show off too much.
Research on American millionaires in 'The Millionaire Next Door' found that most of them live simply (with low desires) and have high savings rates, rather than flaunting high incomes. Many drive old cars and live in ordinary homes, yet accumulate substantial investment capital, achieving freedom.

Disagreements create trading opportunities

Does this mean that the current price is the bottom for spot trading?

Yuhong is still going crazy today. In fact, I noticed last year that he was not mentally stable, changing his video account to "Yuhong SB." 😂

When I met Yuhong, he was still a very humble person.
He became famous in the cryptocurrency world because of the 3 AM Insomnia Blockchain, bringing people like Wang Feng, Tong Liya, Gao Xiaosong, Yu Zheng, Huang Xiaoming, and Li Kaifu into the group. However, after receiving hundreds of thousands in airdrop tokens, he left the group due to sensitive policies.

After that, Yuhong released XMX, piled all resources into it, and the project successfully launched on Huobi. However, it coincided with a bear market, and ultimately almost all participants lost money.

In 2018, many people transitioned from Web2 to the cryptocurrency space to make money.
Just like how a large number of talents flocked to the internet industry around the year 2000.
The same script, too many people couldn't survive the harsh winter.
Some lost confidence and left the industry forever,
missing out on the true prosperity of Bitcoin continuously reaching new highs.

Yuhong is just one example among countless failures; at that time, XMX was too loud, and the number of people who lost money was the highest.

His uncontrollable insanity can be considered a good outcome, as many people who launched tokens at the same time as him are now in prison.

Everyone is criticizing Moore Threads for putting 7.5 billion into financial management
Actually, they are the ones with great wisdom👍🏻

"Market value of 400 billion", "China's chip light", "Domestic Nvidia" are just too big of a title.
Moore Threads just wanted to make some money, but didn't expect to play so big, they don't even understand chips

They haven't lost their way due to the hype; they know that putting real money in their pockets is the most reliable
Things like national industry, China's computing power future, and an important link in domestic substitution, just listen to them, but actually taking them to research and development? Isn't that foolish!

The annual Person of the Year revealed by Time magazine.
This time, instead of choosing a single hero, the cover is given to 8 individuals who are hailed as
"architects of human AI civilization."
Among these 8, 3 are of Chinese descent.

Elon Musk is no longer the most prominent figure; Huang Renxun is firmly seated in the C position.
Huang Renxun is currently among the top ten on the global wealth list.
But what’s more worth discussing than wealth is a statement he made in a recent interview:

AI will raise the upper limit of human GDP by another 5 times.

If this statement comes true, then Nvidia's position today may only be the prologue, and $NVDA's market value will become increasingly stable.

The other few Chinese "architects"
On the far right is Fei-Fei Li, from Beijing, later moved to the U.S.
The creator of ImageNet, she directly propelled the explosion of deep learning in computer vision.
It was her who first allowed AI to truly learn to "see" through massive, standardized images.
Identifying objects, distinguishing between people, animals, cars, roads, and scenes; without her work, AI would still be blind.
However, she only occupies half a position on this cover.

On the far left is Su Zifeng, born in Taiwan, raised in the U.S., CEO of AMD.
She is also one of the few who can truly compete with Nvidia on the fundamental computing power level.
Under her leadership, AMD has transformed from a marginalized chip company back to the main stage of high-performance computing and AI chips.

Sam Altman and Mark Zuckerberg are well-known; Hassabis is a Nobel laureate.

It’s worth mentioning the second person from the right,
Dario Amodei,
founder and CEO of @AnthropicAI.
This guy joined Baidu’s artificial intelligence team ten years ago as an AI research scientist.
Baidu, as always, failed to seize this opportunity for a curve overtaking.
If they could have retained this guy, why bother with Du Xiaoman or unmanned taxis?

This cover pays tribute to that famous photo from 1932:
Lunch atop a Skyscraper
symbolizes: the industrial era, when humanity first stood at the edge of steel and urban civilization.

And today’s cover expresses:

Humanity has officially entered the era of AI as "basic productive force."

The incident of market makers blowing up should be better understood.

Altcoins are not driven by value, but by large traders + market making.

Many people are still staring at the candlestick chart asking why it is falling. At this stage, the candlestick chart has no reference significance for altcoins.

Because there are no large traders, no depth, and no liquidity, it is just free fall.

The current state of altcoins is that the entire sector has lost power.
Once the power comes back, it will be obvious which fans can still spin and which will crash and explode on the spot.

Because new large traders and new social capital are coming in,
they will not take over garbage assets; they will only select the leaders that can quickly recover operations.

The bottom of altcoins has never been a single point, but a whole period of time.
It’s not that hitting the bottom means it can rise; when emotions collapse, it doesn’t count as the bottom either.
The real bottom is the vacuum period when the large traders are completely dead, the project parties are lying flat, and the new large traders have not entered the scene yet.

And now, we should be roughly at this stage.

Yesterday, Binance released the Alpha 2.0 limit order market maker enhancement plan
The first phase of the $ESPORTS Alpha airdrop has seen a good increase since the second phase
Specially providing a 0.0025% rebate on orders for 4 projects, including Yooldo ($ESPORTS)
It's like spending money to lock liquidity for these coins
Projects eligible for market maker incentives
Should have the potential to become core trading pairs of Alpha

87-year-old Fan Zeng had a son

But he was born at the wrong time
With this thick skin and no bottom line, coming to the cryptocurrency circle is definitely a big cut
Being a KOL is also at the top of the flow

As a painter, he repeats a work three times, selling each time at a high price
"Laozi's Exit" was auctioned for 4 million yuan in 2012
In 2015, he redrew the same piece and sold it for 7 million
In 2018, he did it again, with a transaction of 16.5 million, with total revenue exceeding 30 million
Coming to the cryptocurrency circle is also a master at abandoning old coins and issuing new ones

"Production line painting" is comparable to a coin issuance group
It takes too long for artists to make money with NFTs.
His assistant does the painting, he just signs it and sells it, printing money like a machine
In August this year, 87-year-old Fan Zeng went missing
His 50-year-younger wife Xu Meng conspired with his stepson to embezzle 2 billion yuan worth of calligraphy and paintings
Selling his signed prints at a low price, even selling paintings in live streams
Many of these are fake works
His daughter Fan Xiaohui publicly tore into him, which is simply wonderful

His private life is even messier, with effects surpassing Liang Xi
Fan Zeng has been married four times, abandoning his original spouse of 20 years who shared hardships to pursue a friend's wife
At 86, Fan Zeng married 37-year-old Xu Meng, and just a year after marriage, Xu Meng was exposed for cheating with his son 😂
This really is a flow saint in the cryptocurrency circle, an inexhaustible meme topic

As for his political stance, his back-and-forth is his worst performance effect
In 1989, he ran abroad to scold China
In 1993, he issued a statement on returning to the country: "Only by being with my motherland can I have the great freedom of my soul"

Today he officially announced "joyfully welcoming a son", and casually severed ties with his daughter and stepson
But this very person is a famous contemporary calligrapher and scholar of Chinese studies in China

In terms of drama, even Brother Sun would have to bow down

The matter of blue warfare serves as a reminder to everyone: when going out, be sure to be low-key, cautious, and prudent.

If you expose your whereabouts throughout, someone will be watching you. No matter how low the probability, once it falls on an individual, it becomes a hundred percent disaster.
In the cryptocurrency world, this risk is even greater.

In October this year, Roman Novak, a cryptocurrency practitioner known for his flashy lifestyle, and his wife Anna, were tortured and killed by kidnappers in Dubai after defrauding investors of about $500 million through a false project.
In June this year, a crypto trader/KOL was kidnapped in France, which also drew CZ's attention, particularly reminding everyone to pay attention to personal safety and not to casually disclose whereabouts.

It might be fine domestically, but once you go abroad, in unfamiliar territory, risks can be infinitely magnified. HKD once reminded me: when going abroad, it's best to change your watch to keep a low profile and not become a 'low-hanging fruit'.

Assets in the cryptocurrency world are easy to track; the higher the wealth and exposure, the closer the danger.
When going abroad, do not announce where you are on social media at that moment; create a time difference; join some activity groups in advance, travel with familiar people, it’s best not to act alone, and try to avoid meeting strangers; if you encounter strangers at events, especially when there is no intermediary introduction, don’t naively say everything.

Most importantly: boast less, the perpetual profit hero is more likely to be targeted, share your experiences of losing money truthfully, and stay safe.