Diamond 王牌

$FIL $BTC Be a qualified "Crypto Farmer" 🧑‍🌾

Playing in the crypto world is actually not that complicated; the key is to have a mindset like an "old farmer" to cultivate your assets. As a "crypto farmer", we first need to choose good "seeds" and sow them at the right season.

The best season for crypto is generally in autumn and winter because, at this time, the prices of "seeds" in the market are cheap, and not many people are paying attention, which means the risk is relatively low.

Once we have chosen the right "seeds", what we need to do is fertilize and nurture them, then leave the rest to time. "Patience" is an important quality to become a qualified crypto farmer, as being anxious will not help. A qualified "old farmer" will not do foolish things like pulling seedlings to help them grow faster or ruin their fields. (Avoid contracts and leverage should not exceed 3x.)

When spring comes, the crops will grow strong, and at that time we need to closely monitor seasonal changes. Once the hot summer arrives—when the market surges and voices are loud—we should gradually sell our "crops". Never fantasize that your yield can keep growing indefinitely; even the best crops can "spoil" under the hot summer sun.

You must firmly believe that the market will not always be winter, nor will it always be summer; just as the seasons cycle throughout the year, our financial system and monetary policy are the same.

Secondly, it is important to choose good "seeds". It's not about having many seeds, but about having quality ones. We should choose crops that are easy to germinate and have a high survival rate, as well as consider those with great growth potential but that are relatively delicate. Only in this way can we ensure that we have food to eat during the harshest winter and can continue to "sow" in the following year.

A major crash could happen at any moment! Maintaining a sense of uncertainty about the future may be the most valuable quality of a 'qualified investor'.

After this round of significant decline, I have had quite a few reflections. Most people always try to predict market trends, but in reality, short-term market fluctuations are extremely difficult to grasp. As ordinary investors, if we are always thinking about predicting the market, we are actually catering to the deeply rooted 'blind confidence' in human nature — this psychological weakness makes people mistakenly believe they can control the unknown. Once caught up in predictions and continuously expressing this to the outside world or arguing with others, it is easy to lead to a reinforcement of one's own cognition.

From a biological perspective, male animals often tend to defend their viewpoints, even placing 'correctness' above survival. If the market trends contradict their predictions, it not only fails to prompt reflection but may even lead to further commitment to maintain their so-called 'dignity'. This psychological trap gradually ensnares individuals in obsession, ultimately leading to painful consequences.

Therefore, as we aspire to be long-term players, we should try to minimize our predictions about market trends and avoid arguing with others about market direction. This behavior essentially only deepens one's inherent cognition, while the market itself is always filled with 'reflexivity' — when more and more people form the same expectations, the market often moves in the opposite direction. For those of us who aspire to be long-term players, we should predict less and refrain from arguing with others about market direction; doing so only strengthens our self-cognition and does not benefit making reasonable judgments.

In the current investment environment, returning to the US stock market or the A-share market may be a more prudent choice for ordinary investors. Although A-shares are often criticized, if one can persist in long-term investments in rigorously selected ETF funds, the safety of investors' funds is relatively guaranteed due to the listing companies' review mechanisms and the strict selection criteria of ETFs. If investors can maintain patience and extend the investment horizon, they are likely to achieve steady growth of assets through the effect of 'compound interest'.

In contrast, the cryptocurrency market currently exhibits the phenomenon of arbitrary token issuance, excessively pursuing 'traffic' while neglecting 'quality', which makes the 'compound interest principle' difficult to apply in the crypto space. Although some criticize the strict listing and delisting review mechanisms of the stock market, in the long run, these mechanisms are beneficial to the entire industry and ordinary investors. As long as investors possess a certain level of patience and courage, stock market investments are likely to yield returns in the long term.

Unfortunately, the cryptocurrency market currently lacks the potential of a high-quality market. As Vitalik Buterin stated, the crypto space resembles building a 'large casino'. In such an environment, the 'compound interest principle' does not apply, and the outcome for ordinary investors participating in it is self-evident. Therefore, for the average person, the stock market may be a more suitable choice.

As long as we keep shouting 'long', and go for high-leverage contracts, this round will definitely not have a counterfeit season! Shouting long every day and bringing people to high-leverage contracts, how can the main force not harvest? After a few days of downward smashing with profits in the hundreds of billions, pulling up, although it may not necessarily be a loss, it will require more effort.

If there is a main force, it is not necessarily 'bad', but it is definitely 'ruthless', please believe this. Just as Marx said, capital can do anything in the face of huge profits.

Earlier, I was like most people who don't trade contracts, 🤔 and I was quite disgusted by those who frequently play high-leverage contracts, often unable to help but arrogantly 🧑‍🏫 warn others. But as I delved deeper into this circle, I realized that I was too naive 😧. Without their frequent trading providing more activity and 'price discovery' to the market, the 'coin hoarders' might also struggle to gain stable long-term returns from the market.

These 'heroes' risk a high rate of failure for the chance of short-term high profits, inadvertently becoming an important driving force for market operations. Their existence is still worthy of our respect.

That said, there are certainly effective high-leverage strategies in this market, but they must meet two conditions: first, the capital using this strategy cannot be too large; second, not many people can be using this strategy.

This is not something you can find everywhere like 'street vendor goods', and if the volume is large, it will definitely be targeted. No matter how smart you are, can you outsmart those who have 'long-term capital'? 😂

As a 'long-termist', I am essentially against 'zero-sum games' or seeking to reduce the intensity of the game.

On the other hand, strengthening the 'game intensity' may indeed bring you substantial short-term returns. The world of investing is full of 'contradictions', and only through persistent learning and summarizing can one go far.

Is $FIL real or fake? 😂?

Old Ma says that in the future, because of AI, money will increasingly become "worthless," and I share the same view as my heroes 😂. Have you thought about it, crypto friends? Why is money "valuable"? Because productivity is limited, so not everyone can enjoy the same conditions, and AI automation will lead to an exponential "growth" in productivity, greatly enriching material wealth, thus money naturally becomes increasingly "worthless".

However, I do not recommend that everyone "rush in blindly" right now. I see that the main players still want to take a few more cuts; once you've bought, just hold on! This trend needs to develop for a few more years, waiting for the massive influx of funds into the market next year in the United States 🇺🇸.

Once upon a time, on a farm where the seasons were like spring, there were two pigs 🐷, one big and one small, both very smart. Every day, the wealthy farm owner would bring them delicious feed 🌾, but they needed to run to the other end of the farm to hit a switch to get the feed. However, this task was very exhausting, and both pigs were lazy, hoping the other would hit the switch while they stayed in the feed pen. But there was a problem: if the little pig went to hit the switch, because it ran slowly and couldn't compete with the big pig for food, by the time it ran back to the feed pen, not only would it be exhausted, but the feed would have already been completely eaten by the big pig. Conversely, the big pig ran fast, and the little pig couldn't compete with it, so by the time the big pig ran back, it would still have plenty of feed to eat.

If there is a fixed amount of feed delivered every day, as the little pig, what choice would you make? On the other hand, if you were the big pig, would you choose to starve together to prevent the little pig from having even a bite?

As the little pig, as long as there is still feed delivered every day, your optimal choice is to 'wait and see,' remaining still. As for the big pig, sharing a little feed with the little pig is certainly better than starving together, right? 😂

The cryptocurrency circle currently sees that the content in the Chinese circle is of no use at all; this is my personal feeling, and I don't know if it's right 😂. The real pump can only rely on the Americans 🇺🇸. The concept of 'zero-sum game' is deeply ingrained in the Chinese mindset, and secondly, they are 'afraid of being poor,' fearing that the money they have accumulated will be taken by others.

On the other hand, the capital here in America believes in 'trend cycles' and 'realizing cognition.' Even if you make money without the right cognition, you'll eventually give it back to others in a few years; others are not afraid at all. Of course, there's also something very important: others hold the power to issue coins 😂.

The current release amount of $FIL is too large, and there are many retail investors trapped. I mentioned before that the price increase is unlikely to surpass that of other small coins. If there is no long-term 'faith' in this, I do not recommend holding it!!!

Is everyone still alive? It's said that "Tsinghua and Peking University are not as good as having a big heart" 😂 Why are most of the wealthy middle-aged and elderly people around me quite cautious and mostly "cowards"? Is my circle too low? 🤔

The era of transformation $FIL 2025 will begin! What we need to do now is to survive!!

Yesterday, I had another phone call with my uncle who works at "Wall Street High" 😊. After some small talk, he suddenly changed the subject, a bit excited, and said to me: "Ace, have you seen President Trump's recent talks? Do you know? The underlying logic of this "crypto craze" is, in my opinion, a revolution."

"Is that true?" I was a bit surprised 😱. "Are you saying the two parties in America are going to have a civil war?".

Before I finished speaking, my uncle replied to me in a bad mood: "You, too young, too simple" 🤓. Then he spoke earnestly: "At first glance, you don't seem to like history much. You know, historically, every once in a while, when wealth becomes too concentrated, leading to a situation where no one can shake the position of 'old money', when dissatisfaction reaches a critical point, a revolution or war will break out. This time, the crypto bull market is a revolution about 'redistribution of wealth'!"

"Wow, will you guys on Wall Street agree to that?" I raised my voice to ask. My uncle sighed and said, "Well, I'm just a senior worker, it doesn't affect me much, but I think the big shots on Wall Street will eventually comply. Think about it, this 'redistribution' revolution is much more civilized and peaceful than before. Moreover, as long as they comply with the trend represented by 'Bitcoin', essentially their losses won't be too great; it's much better than 'distributing land by robbing the rich', right?"

"Hmm," I nodded involuntarily. "Ace, I know you occasionally like to post online. Please convey to the 'crypto friends' that they should seize this 'opportunity of the times'. From my observation, this time the main force representing 'reform power', well, has suppressed the coin price until Trump confirmed his election, and gathered three favorable conditions 'financial cycle, technological innovation, new president'—that is, what we Chinese say 'right time, right place, right people'—before starting to rally. This shows how 'strong their determination' is 🧐.

After hearing this, I replied a bit excitedly, "I got it, uncle. I will post tomorrow. Please take care of your health, and say hello to my aunt for me. We'll chat again next time 😊." After that, I hung up the phone ☎️.

What do you think of my uncle's perspective, crypto friends? 🤔
#btc #加密用户突破1800万

I used to really enjoy drinking and driving, not because I was bold, but because of the 'habit' brought by my friends' experiences.

At that time, I had two best friends. One was called Lao Wang, who had a bold personality, loved drinking and betting on football, and was always a night owl. The other friend was Lao Zhang, who was very cautious, liked reading, occasionally played mahjong, and lived a very regular life. I remember a few years ago, Lao Wang won a lot of money betting that night, and he invited us poker friends to drink 🍺 together. He was probably so happy that he got utterly drunk.

Since he had driven here 🚗, we kindly advised him to find a designated driver to take him home. But Lao Wang is quite stubborn and waved his hand to refuse 🙅, saying, 'What’s a little bit of alcohol? I'm fine!' After saying that, he drove off proudly. To be honest, we all felt a little anxious for him at that time. Although Lao Zhang only drank a little, he still found a designated driver to take him home for safety.

Who knew that the next day, I received a call from Lao Zhang's family saying that Lao Zhang was hit by a large truck 🚛 while crossing the street because the designated driver was in a hurry, and he was in the ICU fighting for his life. On the other hand 😂, Lao Wang, although he drove under the influence, managed to stumble back home, and when I called him, he was still sound asleep 🛏️.

Based on this experience, for a long time after that, I thought drinking and driving was fine, and that those who were afraid were just overthinking and timid. Until... one time I nearly hit someone, and that’s when I slowly began to awaken.

If we think about anything solely based on the outcome, without considering the whole and 'probabilities', then can we conclude from the 'individual phenomena' around us that 'drinking and driving is safe, but drinking and finding a designated driver is actually dangerous' 🤔?

To be honest, when I first entered the crypto world, I was very sensitive to price fluctuations, especially during crashes. At that time, it was really nerve-wracking and painful, and I couldn't take my eyes off my phone screen every day. 😖

As time passed, especially after experiencing countless crashes, strangely one day, it felt like I had been 'reborn.' In the face of market downturns, my emotions suddenly became stable, and it wasn't so painful anymore. This process wasn't as simple as just saying it; later I thought this experience felt quite similar to the medical principle of 'desensitization.' Some things can only be faced more to become indifferent.

Also, I occasionally enjoy reading casual books, and I came across a story related to this that I found quite reasonable.

It roughly said that tens of thousands of years ago, the living environment of humans was extremely harsh. As a species, our primary task was 'survival.' In that ancient era, even going out to relieve oneself could be life-threatening. 😂

As the number of deaths increased, to adapt to the environment, our brains 🧠 gradually evolved a characteristic: to amplify danger signals to ensure we could timely avoid risks in a harsh environment. On the contrary, being overly optimistic could cause people to relax their vigilance in dangerous environments, greatly increasing the risk of death. 💀

Over time, the 🧠 brain developed a tendency to suppress optimism and amplify danger, so the pleasure you get from making huge profits actually pales in comparison to the pain you feel when watching your assets shrink.

😂 Furthermore, when we face continuous crashes, the indescribable pain and fear we feel stem from our brains 🧠 automatically mapping it to our instinctive reaction to 'death.'

$FIL "Data and information are value in themselves." To understand the distributed storage project, I think we cannot simply evaluate the commercial application value given by how many people or companies use it.

In the past, human memory and wisdom relied more on books, calligraphy and paintings to preserve. However, with the advent of the digital age, our lives are increasingly migrating to the "virtual space". Our "joy, anger, sorrow, and happiness" are gradually recorded as data. These data, whether good or bad, are not only snapshots of a certain moment, but also witnesses and continuations of our existence.

Hundreds or even thousands of years later, these data will become the key to future generations' understanding of us. Every record, every file, and even every frame of video is evidence of our existence.

"Investing in Fil" is not only a recognition of its application value, but also an investment in its long-term data storage capacity. Fil uses a decentralized storage network and incentive mechanism to ensure that data can continue to exist on a longer time scale, and can avoid the risk of damage or single point failure.

If Fil can continue to advance their original vision, I think that regardless of its future commercial application value, the existence of this data itself has long been "immeasurable". For FIL holders, this is more like an investment based on the consensus of future "data value". #“Hold your FIL”

$FIL Another important reason why I think this bull market may be particularly crazy is that many AI experts currently predict that "fifth level AI" may appear in the next few years, that is, there will be AI that can help us manage assets. "Self-organizing AI", I think this will have a profound impact on our investment behavior.

At present, the main advantages of top individual investors over ordinary people are reflected in two aspects:
First, the information is poor. By reading a large amount of information and having in-depth communications with people in the industry, they can significantly improve their judgment on the market.
Second, emotion management. When the market fluctuates violently, they can remain calm and stick to their research conclusions. This calm character is an important reason for their success.

However, as higher-level AI steps in, these two advantages may quickly be evened out. Especially in terms of emotional management, AI will not be affected by emotional fluctuations in asset management. No matter how wildly the market fluctuates, AI will make decisions based on probability, thereby eliminating the room for profiting through human panic and greed. As for the "information gap", AI's advantages in self-learning and information collection capabilities almost make this point non-existent.

Some people may think that, in this case, it is better to ambush "local dog" projects or increase returns through increased leverage. But unfortunately, AI also has an absolute advantage in probability calculations. For example, through strategies such as the "Kelly formula", AI can accurately allocate a small portion of assets into high-risk and high-return projects, optimizing risks and returns to the extreme.

To sum up, if higher-level AI really comes, it will become extremely difficult to obtain "excess returns" by relying on personal learning and emotional management. Market returns will become more even, with the only difference being that individuals or institutions with more computing power may receive higher rates of return.

If the AI-driven 'productivity revolution' is really coming! Then many of the related cryptocurrencies are definitely still at a 'bargain price' 🥬 A pullback is the best buying opportunity, provided that you have done thorough research and thinking.

$FIL $BTC I have a feeling that this bull market may be an epoch-making big bull market. "The essence of price is actually a reflection of monetary policy." Looking back at history, every explosive growth of wealth has been accompanied by a significant leap in the industrial revolution and productivity. The old monetary system often cannot keep up with the speed of development, and in order to adapt to rapid economic growth, the issuance of a large amount of currency becomes inevitable.

This time, the AI-led industrial revolution will bring unprecedented productivity improvements. Compared to the past, this leap can be said to be a qualitative leap. Perhaps a few years from now, the job you are doing now may very well be replaced by AI, as its production efficiency will be dozens or even hundreds of times higher than that of humans.

Therefore, hold onto your coins! Not just FIL, especially those high-quality coins that are highly aligned with the trends of the times.

Get ready to welcome the "greatest bull market in history!"