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MrYang_

Open Trade
BNB Holder
BNB Holder
High-Frequency Trader
3 Years
Quantitative futures trader focusing on stock index futures & time-series strategies.Targets 15-25 rate monthly return, 20-25 rate max drawdown
29 Following
1.2K+ Followers
939 Liked
226 Shared
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Portfolio
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$SOL #SOLANA is going so much higher... +$1,000 this cycle 👀
$SOL #SOLANA is going so much higher...

+$1,000 this cycle

👀
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Bullish
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Bullish
Over the past 90 days, my ROI has soared to an impressive 4250%, showcasing my ability to capture profitable opportunities. With a win rate of 77.51% across 169 positions, I’ve secured 131 winning trades. My strategy focuses on stable profits, trading top coins with high potential, using 71x to 20x leverage for optimal gains. I’ve been trading for 42 days, with 144 total copiers already following my trades. Join me now and let’s grow our profits together—follow my portfolio and trade smarter! 🚀 #btc
Over the past 90 days, my ROI has soared to an impressive 4250%, showcasing my ability to capture profitable opportunities. With a win rate of 77.51% across 169 positions, I’ve secured 131 winning trades. My strategy focuses on stable profits, trading top coins with high potential, using 71x to 20x leverage for optimal gains. I’ve been trading for 42 days, with 144 total copiers already following my trades. Join me now and let’s grow our profits together—follow my portfolio and trade smarter! 🚀 #btc
My Futures Portfolio
0 / 200
Minimum 10USDT
Copy trader have earned in last 7 days
-376.28
USDT
7D ROI
-31.07%
AUM
$834.99
Win Rate
85.77%
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Bearish
BTC is bearish in the short to medium term, ETH is bullish in the short to medium term.#btc #ETH
BTC is bearish in the short to medium term, ETH is bullish in the short to medium term.#btc #ETH
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Bearish
Please note that based on transaction data, there is a risk of a significant price drop for Solana in the near future. If you want to stay updated on the latest trends for various mainstream cryptocurrencies, follow my account.#copytrade #solana
Please note that based on transaction data, there is a risk of a significant price drop for Solana in the near future. If you want to stay updated on the latest trends for various mainstream cryptocurrencies, follow my account.#copytrade #solana
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Bullish
Day 19 of trading, let’s thoroughly review yesterday’s situation. First, I experienced a massive drawdown of nearly 20%, which was unexpected. Let’s break it down from three angles: trend analysis, position building, and profit-taking. Trend Analysis: Still bullish on #AVAX and #DODG , so despite yesterday’s market decline, I held my positions and continued buying. Position Building: Based on the above analysis, I stuck to a buy-the-dip strategy. However, the strategy was too aggressive, leading to a $30,000 position in AVAX, which was the main reason for the profit drawdown. Profit-Taking: No issues here. During position building, I also followed short-term trends to take profits in batches. The biggest issue lies in the second point: overly large position sizes during building. While this led to significant profits in the previous days, it directly caused yesterday’s “Waterloo.” After reflecting, I’ve decided to further reduce position sizes to avoid oversized positions. Additionally, for the large positions already built in AVAX and Doge, I won’t sell in the short term. Given the bullish trend and having built positions at yesterday’s lows, there’s no need to rush to sell. Finally, take my lesson: always build positions in small batches.#CopyTradingDiscover $BTC
Day 19 of trading, let’s thoroughly review yesterday’s situation. First, I experienced a massive drawdown of nearly 20%, which was unexpected. Let’s break it down from three angles: trend analysis, position building, and profit-taking.
Trend Analysis: Still bullish on #AVAX and #DODG , so despite yesterday’s market decline, I held my positions and continued buying.
Position Building: Based on the above analysis, I stuck to a buy-the-dip strategy. However, the strategy was too aggressive, leading to a $30,000 position in AVAX, which was the main reason for the profit drawdown.
Profit-Taking: No issues here. During position building, I also followed short-term trends to take profits in batches.
The biggest issue lies in the second point: overly large position sizes during building. While this led to significant profits in the previous days, it directly caused yesterday’s “Waterloo.” After reflecting, I’ve decided to further reduce position sizes to avoid oversized positions.
Additionally, for the large positions already built in AVAX and Doge, I won’t sell in the short term. Given the bullish trend and having built positions at yesterday’s lows, there’s no need to rush to sell.
Finally, take my lesson: always build positions in small batches.#CopyTradingDiscover $BTC
Are there people from non-China regions following my trades? My trading is very stable, with nearly 200% profit in 18 days and minimal drawdown, ensuring no losses for you. Welcome to replicate my trades. Remember, you must follow proportionally.#Copytrading
Are there people from non-China regions following my trades? My trading is very stable, with nearly 200% profit in 18 days and minimal drawdown, ensuring no losses for you. Welcome to replicate my trades. Remember, you must follow proportionally.#Copytrading
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Cultivating the mind is about continuously breaking ego attachment.In metaphysical destiny analysis, there is a saying: destiny is determined by heaven, but fortune is cultivated by oneself. Many people think fortune-telling is about knowing the future, but this is not the case; the true value of destiny analysis is to help us recognize ourselves, resolve attachments, and cultivate the mind. And the first step of 'cultivating the mind' is to break ego attachment. What is ego attachment? Ego attachment is a kind of obsessive 'I am the center' concept, a deep identification with self, emotions, positions, and identities, and an ingrained inertia buried deep within the heart. When others do not act according to my way, I become angry; I feel I am right and am unwilling to accept others' opinions;

Cultivating the mind is about continuously breaking ego attachment.

In metaphysical destiny analysis, there is a saying: destiny is determined by heaven, but fortune is cultivated by oneself. Many people think fortune-telling is about knowing the future, but this is not the case; the true value of destiny analysis is to help us recognize ourselves, resolve attachments, and cultivate the mind.
And the first step of 'cultivating the mind' is to break ego attachment.
What is ego attachment?
Ego attachment is a kind of obsessive 'I am the center' concept, a deep identification with self, emotions, positions, and identities, and an ingrained inertia buried deep within the heart.
When others do not act according to my way, I become angry;
I feel I am right and am unwilling to accept others' opinions;
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Analysis of Major Events Affecting Solana Prices in the Next Six MonthsThe following is a detailed analysis of key events that may impact Solana (SOL) prices from April to September 2025, based on current market data, technical indicators, and news trends. The current date is March 29, 2025, and the analysis covers key events and their expected impacts over the next six months. Background and Methodology Solana is a high-throughput blockchain known for its fast transactions and scalability, with its price influenced by various factors including network developments, regulatory environment, and macroeconomic factors. This report assesses the potential impact of these events on the SOL price by analyzing network upgrades, regulatory progress, monetary policy meetings, and community activities.

Analysis of Major Events Affecting Solana Prices in the Next Six Months

The following is a detailed analysis of key events that may impact Solana (SOL) prices from April to September 2025, based on current market data, technical indicators, and news trends. The current date is March 29, 2025, and the analysis covers key events and their expected impacts over the next six months.
Background and Methodology
Solana is a high-throughput blockchain known for its fast transactions and scalability, with its price influenced by various factors including network developments, regulatory environment, and macroeconomic factors. This report assesses the potential impact of these events on the SOL price by analyzing network upgrades, regulatory progress, monetary policy meetings, and community activities.
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Research indicates that Solana may maintain a sideways or slightly upward trend in the short term, with some analysts predicting a price of over $150 by 2025, and potentially even reaching $500.Key Points Solana's price trend appears slightly bullish in the short to medium term, potentially testing $150 or higher levels, but the market is highly volatile, and predictions carry uncertainty. The current price is approximately $135, with no significant news or events recently impacting the price directly. Solana's ecosystem is strong, and its superior technical performance may support future growth, but attention must be paid to overall market sentiment. Current Price and Recent Performance As of March 29, 2025, Solana's current price is approximately $135, based on data from multiple reliable sources such as CoinGecko and CoinMarketCap. Recent price fluctuations show a change in the last 24 hours between -3.84% and +0.8%, indicating relatively stable market sentiment but still with volatility.

Research indicates that Solana may maintain a sideways or slightly upward trend in the short term, with some analysts predicting a price of over $150 by 2025, and potentially even reaching $500.

Key Points
Solana's price trend appears slightly bullish in the short to medium term, potentially testing $150 or higher levels, but the market is highly volatile, and predictions carry uncertainty.
The current price is approximately $135, with no significant news or events recently impacting the price directly.
Solana's ecosystem is strong, and its superior technical performance may support future growth, but attention must be paid to overall market sentiment.
Current Price and Recent Performance
As of March 29, 2025, Solana's current price is approximately $135, based on data from multiple reliable sources such as CoinGecko and CoinMarketCap. Recent price fluctuations show a change in the last 24 hours between -3.84% and +0.8%, indicating relatively stable market sentiment but still with volatility.
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What is ERC404?1. There are two most important standards on Ethereum: ERC-20 and ERC-721. ERC20 is used to issue coins, such as $SHIB, $PEPE, $APE, etc., which are all issued using the ERC20 standard; ERC721 (including improved ERC721A, etc.) is used to issue NFT, such as BAYC, Azuki, etc. are all issued using this standard. NFT. 2. NFT has the problem of indivisibility and insufficient liquidity. For this reason, many NFT fragmentation, staking and other liquidity-promoting services have been spawned, such as Blur, flooring, BendDao, etc., but these tinkerings have not solved the problem from the protocol level. On the contrary, it increases complexity and reduces security. 3. Coins issued using ERC20 do not have these problems. They are naturally divisible and have derived many gameplay methods such as defi. Can ERC20 features be introduced at the protocol level of NFT? An accidental error code accident generated by ChatGPT mixed the two protocols together, which inspired the ERC404 team. @0xacme wrote the first-generation protocol standard of ERC404 and released the first ERC404-based project Pandora. 4. I immediately analyzed the contract code of ERC404 and found that many people on Agreement etc. I won’t tell you the code here, but try to introduce ERC404 in a language that liberal arts students can understand: (1) If I release a set of CryptoPunks projects with a total of 10,000 units using the ERC404 standard, and you free mint two, You go to Opensea to check and find that the two NFTs in your wallet are CryptoPunk#3099and CryptoPunk #3100. One is the floor and the other is the rare alien punk! You go to Uniswap to check again and there are 2 $CryptoPunk coins in your wallet. Note that there is no exchange of graphics and coins here, nor do you have 2 NFTs + 2 coins. The graphics here are the coins, and the coins are the graphics! (2) If you think CryptoPunk#3099is not good-looking and want to sell it, you have two options: The first option is to go to Opensea to place an order to sell this NFT, which is the same as ordinary NFT transactions. The second option is to go to Uniswap to sell your 1 $CryptoPunk coin. Note here that before you sell the coin, you must first transfer the Alienpunk NFT to another wallet, because when you sell it as a coin , the protocol does not know which NFT corresponding coin you want to sell, it will sell your last NFT corresponding coin first.(3) Or you are optimistic about this project in the long term and just want to sell some $CryptoPunk coins and keep the rest. You can sell only 0.2 $CryptoPunk coins on Uniswap (or 0.000001, which can be divided into up to 18 decimal places. Again, sell coins before transferring Alien Punk to other wallets, leaving only the floor), leaving 0.8 coins. But when you go to OpenSea to check, the floor NFT in your wallet is no longer there, because your total number of $CryptoPunk coins is less than 1, and your NFT has been burned. (4) After two days, the $CryptoPunk currency keeps rising. You feel that you have sold out. Fomo wants to buy more, so you go to Uniswap and buy 0.3 $CryptoPunk. At this time, your wallet has 0.8+0.3, a total of 1.1 $ CryptoPunk, you go to Opensea to check and find that there is another CryptoPunk NFT in your wallet, but this is no longer the original floor CryptoPunk #3099, but a new NFT that the protocol randomly mints for you, CryptoPunk #4062, a Hoodie, What a bad luck! So you quickly went to Opensea and sold the NFT at a high price. At this time, your wallet has no NFT, and only 0.1 $CryptoPunk coins are left. (5) From a global perspective, this project has a total of 10,000 $CryptoPunk coins, and ideally there will be a maximum of 10,000 CryptoPunk NFTs (all wallets are integer coins). 5. Of course, the above is the effect of the ideal ERC404 implementation. There are still some problems in the first-generation protocol, such as: (1) Every time a token is transferred to generate a new NFT, a number is added to the original highest ID number, so that CryptoPunk#3099appears and will never come back after being burned. Instead, CryptoPunks #10001, #10002... appear, which is no longer a fixed 10k image. This conflicts with the immutability (the most precious attribute) of 10k NFT. You can add unmintedid mapping to the protocol contract, and the id generated each time will be randomly selected from this mapping to solve this problem. (2) When the number of transferred coins exceeds 1, it is stupid to burn an NFT and mint a new NFT in the receiving wallet, instead of transferring an NFT + some change tokens. (I'm not talking about transferring via NFT, but sending transfer tokens). (3) Gas is very high, and many parts of the contract code can be optimized. 6. The technical strength of the ERC404 project team is very weak. Currently, only @0xacme is writing code.But there are good signs today. The project team has called on technical experts from all parties to participate in the improvement of the protocol and jointly contribute to open source efforts. At present, ERC404 is still a black iron heavy sword. Although it is ingenious and unworkable, it still has many problems; the improved ERC404 will be reforged into a dragon-slaying sword and a heavenly sword, cutting off the high gas fee and cutting off everything to provide liquidity for NFT. The existing services are patched together, which may really bring the spring of NFT!

What is ERC404?

1. There are two most important standards on Ethereum: ERC-20 and ERC-721. ERC20 is used to issue coins, such as $SHIB, $PEPE, $APE, etc., which are all issued using the ERC20 standard; ERC721 (including improved ERC721A, etc.) is used to issue NFT, such as BAYC, Azuki, etc. are all issued using this standard. NFT. 2. NFT has the problem of indivisibility and insufficient liquidity. For this reason, many NFT fragmentation, staking and other liquidity-promoting services have been spawned, such as Blur, flooring, BendDao, etc., but these tinkerings have not solved the problem from the protocol level. On the contrary, it increases complexity and reduces security. 3. Coins issued using ERC20 do not have these problems. They are naturally divisible and have derived many gameplay methods such as defi. Can ERC20 features be introduced at the protocol level of NFT? An accidental error code accident generated by ChatGPT mixed the two protocols together, which inspired the ERC404 team. @0xacme wrote the first-generation protocol standard of ERC404 and released the first ERC404-based project Pandora. 4. I immediately analyzed the contract code of ERC404 and found that many people on Agreement etc. I won’t tell you the code here, but try to introduce ERC404 in a language that liberal arts students can understand: (1) If I release a set of CryptoPunks projects with a total of 10,000 units using the ERC404 standard, and you free mint two, You go to Opensea to check and find that the two NFTs in your wallet are CryptoPunk#3099and CryptoPunk #3100. One is the floor and the other is the rare alien punk! You go to Uniswap to check again and there are 2 $CryptoPunk coins in your wallet. Note that there is no exchange of graphics and coins here, nor do you have 2 NFTs + 2 coins. The graphics here are the coins, and the coins are the graphics! (2) If you think CryptoPunk#3099is not good-looking and want to sell it, you have two options: The first option is to go to Opensea to place an order to sell this NFT, which is the same as ordinary NFT transactions. The second option is to go to Uniswap to sell your 1 $CryptoPunk coin. Note here that before you sell the coin, you must first transfer the Alienpunk NFT to another wallet, because when you sell it as a coin , the protocol does not know which NFT corresponding coin you want to sell, it will sell your last NFT corresponding coin first.(3) Or you are optimistic about this project in the long term and just want to sell some $CryptoPunk coins and keep the rest. You can sell only 0.2 $CryptoPunk coins on Uniswap (or 0.000001, which can be divided into up to 18 decimal places. Again, sell coins before transferring Alien Punk to other wallets, leaving only the floor), leaving 0.8 coins. But when you go to OpenSea to check, the floor NFT in your wallet is no longer there, because your total number of $CryptoPunk coins is less than 1, and your NFT has been burned. (4) After two days, the $CryptoPunk currency keeps rising. You feel that you have sold out. Fomo wants to buy more, so you go to Uniswap and buy 0.3 $CryptoPunk. At this time, your wallet has 0.8+0.3, a total of 1.1 $ CryptoPunk, you go to Opensea to check and find that there is another CryptoPunk NFT in your wallet, but this is no longer the original floor CryptoPunk #3099, but a new NFT that the protocol randomly mints for you, CryptoPunk #4062, a Hoodie, What a bad luck! So you quickly went to Opensea and sold the NFT at a high price. At this time, your wallet has no NFT, and only 0.1 $CryptoPunk coins are left. (5) From a global perspective, this project has a total of 10,000 $CryptoPunk coins, and ideally there will be a maximum of 10,000 CryptoPunk NFTs (all wallets are integer coins). 5. Of course, the above is the effect of the ideal ERC404 implementation. There are still some problems in the first-generation protocol, such as: (1) Every time a token is transferred to generate a new NFT, a number is added to the original highest ID number, so that CryptoPunk#3099appears and will never come back after being burned. Instead, CryptoPunks #10001, #10002... appear, which is no longer a fixed 10k image. This conflicts with the immutability (the most precious attribute) of 10k NFT. You can add unmintedid mapping to the protocol contract, and the id generated each time will be randomly selected from this mapping to solve this problem. (2) When the number of transferred coins exceeds 1, it is stupid to burn an NFT and mint a new NFT in the receiving wallet, instead of transferring an NFT + some change tokens. (I'm not talking about transferring via NFT, but sending transfer tokens). (3) Gas is very high, and many parts of the contract code can be optimized. 6. The technical strength of the ERC404 project team is very weak. Currently, only @0xacme is writing code.But there are good signs today. The project team has called on technical experts from all parties to participate in the improvement of the protocol and jointly contribute to open source efforts. At present, ERC404 is still a black iron heavy sword. Although it is ingenious and unworkable, it still has many problems; the improved ERC404 will be reforged into a dragon-slaying sword and a heavenly sword, cutting off the high gas fee and cutting off everything to provide liquidity for NFT. The existing services are patched together, which may really bring the spring of NFT!
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🪂Let’s talk about airdrops and shorts in this industryRecently, many fans have asked me some basic questions about airdrops. Today I will talk about them in general, so that everyone can have a clearer and objective understanding. 1. How much principal is required to participate in Lu airdrops? Your airdrop income = principal + time investment. If you want to make money, you must either contribute money or effort, both of which can achieve the effect of 1+1 greater than 2. Kevin believes that novices are advised to reserve at least 5000u to participate in the airdrop, which can effectively and quickly accumulate principal. Can you play below this value? You can play a lot without taking up funds, but no matter how hard you try, when the principal is not much, the accumulation efficiency will be much lower. Others invest 5,000u and can earn 10,000u a year; but if you invest 3,000u, you can only earn 3,000u a year. The gap will only get wider and wider. In a few years, I think you don’t have to do it anymore, the era has passed😄 2. How about airdrop yield? Will airdrops make you rich? You won’t get rich suddenly, but will make you rich slowly. The annualized rate of return of airdrops is between 50% and 300%. If you hold tokens such as ETH/SOL, the growth effect of the bull market will also be added. , the rate of return can reach 200% - 1000%, which is very impressive compared to any other financial market! In other words, if you invest $10,000, in a bull market, the expected return is between $20,000 and $100,000! And now is the beginning of the Ox, which is also the best time to enter the market! Because there are many bull market projects and airdrops, it is easier to make money. 3. How long does it take to see benefits from airdrops? Airdrops are different from currency speculation. Its essence is to plan in advance, and the earlier the better. For example, the OG members of $ALT started planning 2 years ago, and $ALT lived up to expectations, providing hundreds of thousands of airdrops per capita to OG users in the community. Generally speaking, the average return period of airdrops is between 3 months and 1 year. If you enter the market now, you will see benefits in at least May to June. As for the $JUP airdrop that everyone is currently envious of, others started planning it last year. Not surprisingly, if starknet and zksync issue coins in the first quarter, another group of people will become rich. These two Kevins have been following them for a whole year. 4. How to get started with Lu Airdrop? Many people lost hundreds of thousands on their contracts and asked me to learn how to airdrop. All I can say is, brother, if you have that kind of money, come and do it earlier. Now at least you have some accumulation.If you want to get started with airdrops, it is actually very simple. Just pay more attention to some big Vs and follow the tutorials every day. This kind of thing is easy to get into trouble. For example, a fan pledged TIA and took up 80% of the position. . . No hair so far😅

🪂Let’s talk about airdrops and shorts in this industry

Recently, many fans have asked me some basic questions about airdrops. Today I will talk about them in general, so that everyone can have a clearer and objective understanding. 1. How much principal is required to participate in Lu airdrops? Your airdrop income = principal + time investment. If you want to make money, you must either contribute money or effort, both of which can achieve the effect of 1+1 greater than 2. Kevin believes that novices are advised to reserve at least 5000u to participate in the airdrop, which can effectively and quickly accumulate principal. Can you play below this value? You can play a lot without taking up funds, but no matter how hard you try, when the principal is not much, the accumulation efficiency will be much lower. Others invest 5,000u and can earn 10,000u a year; but if you invest 3,000u, you can only earn 3,000u a year. The gap will only get wider and wider. In a few years, I think you don’t have to do it anymore, the era has passed😄 2. How about airdrop yield? Will airdrops make you rich? You won’t get rich suddenly, but will make you rich slowly. The annualized rate of return of airdrops is between 50% and 300%. If you hold tokens such as ETH/SOL, the growth effect of the bull market will also be added. , the rate of return can reach 200% - 1000%, which is very impressive compared to any other financial market! In other words, if you invest $10,000, in a bull market, the expected return is between $20,000 and $100,000! And now is the beginning of the Ox, which is also the best time to enter the market! Because there are many bull market projects and airdrops, it is easier to make money. 3. How long does it take to see benefits from airdrops? Airdrops are different from currency speculation. Its essence is to plan in advance, and the earlier the better. For example, the OG members of $ALT started planning 2 years ago, and $ALT lived up to expectations, providing hundreds of thousands of airdrops per capita to OG users in the community. Generally speaking, the average return period of airdrops is between 3 months and 1 year. If you enter the market now, you will see benefits in at least May to June. As for the $JUP airdrop that everyone is currently envious of, others started planning it last year. Not surprisingly, if starknet and zksync issue coins in the first quarter, another group of people will become rich. These two Kevins have been following them for a whole year. 4. How to get started with Lu Airdrop? Many people lost hundreds of thousands on their contracts and asked me to learn how to airdrop. All I can say is, brother, if you have that kind of money, come and do it earlier. Now at least you have some accumulation.If you want to get started with airdrops, it is actually very simple. Just pay more attention to some big Vs and follow the tutorials every day. This kind of thing is easy to get into trouble. For example, a fan pledged TIA and took up 80% of the position. . . No hair so far😅
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What is Wrapped BNB (WBNB)? What are the functions of WBNB?WBNB (Wrapped BNB) is a BNB coin that can be used for transactions in the DeFi world if the transaction is on the BEP20 network. The alternative cryptocurrency to Binance Smart Chain (BSC) is BNB or WBNB. Wrapped BNB is a tokenized version of Binance Coin whose value is tied to the price of the BNB asset and can also be redeemed for the original Binance Coin at any time. The basic difference between BNB and packed BNB is that BNB is not related to the BEP-20 standard, while packed BNB complies with the standard. Therefore, you can use wrapped BNB on Binance Smart Chain, but not BNB. Founder of Wrapped BNB

What is Wrapped BNB (WBNB)? What are the functions of WBNB?

WBNB (Wrapped BNB) is a BNB coin that can be used for transactions in the DeFi world if the transaction is on the BEP20 network.
The alternative cryptocurrency to Binance Smart Chain (BSC) is BNB or WBNB. Wrapped BNB is a tokenized version of Binance Coin whose value is tied to the price of the BNB asset and can also be redeemed for the original Binance Coin at any time.
The basic difference between BNB and packed BNB is that BNB is not related to the BEP-20 standard, while packed BNB complies with the standard. Therefore, you can use wrapped BNB on Binance Smart Chain, but not BNB.
Founder of Wrapped BNB
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The latest architecture of popular track LRT🧙‍♂️The LRT (Liquidity Restaking Token) track is one of the few popular sectors in the crypto market before the Spring Festival. The LRT protocol is a staking income amplification protocol based on the Restaking protocol EigenLayer. The gameplay is consistent with the dual mining in DeFi Summer that year. The LRT protocol supports users to pledge LST (stETH, wstETH) assets or ETH itself to the protocol, while mining EigenLayer's points and the LRT protocol's own points. Originally, in everyone's mind, the LRT track was just a DeFi Degen game that repeated stacking of Lego without actual value support. However, with the overall upgrade of the industry's understanding of the DA layer, the value of EigenDA, the first AVS instance of the Restaking protocol EigenLayer, has been recognized by the market, and everyone realizes that LRT can help enhance the economic security of AVS. This allows the LRT track to finally find value support and application scenarios. The latest structure of the LRT track is as follows: -- Ethereum native staking (Native Staking) -- LST protocol and Restaking protocol (EigenLayer supports LST protocol and native staking) -- Balancer (LST protocol Token pricing market) and Pendle (LST protocol Token Benefit pricing market) -- LSDfi (mainly Lybra, Prisma, Raft, etc. CDP stablecoin protocol with LST protocol token as collateral) -- EigenDA (EigenLayer's first AVS instance, DA layer in the Ethereum ecosystem, Celesita Competitors at the DA layer) - LRT (KelpDAO, Ether.fi, Renzo, etc., support dual mining of EigenLayer's points and LRT protocol's own points). Overall, the LRT track is a rapidly growing niche market, starting from 23 years ago The TVL of ~8,000 ETH in November has reached 217,000 ETH TVL today. However, one thing to note is that the tens of billions of dollars of LST protocol tokens are actually deposited in DeFi lending protocols such as AAVE, MakerDAO, and Summer, and the inflows into LSDfi and LRT are only tributaries.

The latest architecture of popular track LRT🧙‍♂️

The LRT (Liquidity Restaking Token) track is one of the few popular sectors in the crypto market before the Spring Festival. The LRT protocol is a staking income amplification protocol based on the Restaking protocol EigenLayer. The gameplay is consistent with the dual mining in DeFi Summer that year. The LRT protocol supports users to pledge LST (stETH, wstETH) assets or ETH itself to the protocol, while mining EigenLayer's points and the LRT protocol's own points. Originally, in everyone's mind, the LRT track was just a DeFi Degen game that repeated stacking of Lego without actual value support. However, with the overall upgrade of the industry's understanding of the DA layer, the value of EigenDA, the first AVS instance of the Restaking protocol EigenLayer, has been recognized by the market, and everyone realizes that LRT can help enhance the economic security of AVS. This allows the LRT track to finally find value support and application scenarios. The latest structure of the LRT track is as follows: -- Ethereum native staking (Native Staking) -- LST protocol and Restaking protocol (EigenLayer supports LST protocol and native staking) -- Balancer (LST protocol Token pricing market) and Pendle (LST protocol Token Benefit pricing market) -- LSDfi (mainly Lybra, Prisma, Raft, etc. CDP stablecoin protocol with LST protocol token as collateral) -- EigenDA (EigenLayer's first AVS instance, DA layer in the Ethereum ecosystem, Celesita Competitors at the DA layer) - LRT (KelpDAO, Ether.fi, Renzo, etc., support dual mining of EigenLayer's points and LRT protocol's own points). Overall, the LRT track is a rapidly growing niche market, starting from 23 years ago The TVL of ~8,000 ETH in November has reached 217,000 ETH TVL today. However, one thing to note is that the tens of billions of dollars of LST protocol tokens are actually deposited in DeFi lending protocols such as AAVE, MakerDAO, and Summer, and the inflows into LSDfi and LRT are only tributaries.
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What is the Grayscale Bitcoin Trust (GBTC) and how does it work?Summary The Grayscale Bitcoin Trust is a financial instrument that allows investors to trade shares in a trust that holds large amounts of Bitcoin. The fund's share price tracks the price of Bitcoin, but not exactly. Grayscale also offers a number of other exchange-traded products, with prices tracking the prices of cryptocurrencies such as Ethereum, Bitcoin Cash and Litecoin. What is Grayscale Bitcoin Trust (GBTC)? There is one way to invest in Bitcoin on the stock market: the Grayscale Bitcoin Trust (GBTC). It is one of several financial instruments that allow investors to trade stocks in trust funds that hold large amounts of Bitcoin, with each stock priced close to the price of Bitcoin.

What is the Grayscale Bitcoin Trust (GBTC) and how does it work?

Summary
The Grayscale Bitcoin Trust is a financial instrument that allows investors to trade shares in a trust that holds large amounts of Bitcoin.
The fund's share price tracks the price of Bitcoin, but not exactly.
Grayscale also offers a number of other exchange-traded products, with prices tracking the prices of cryptocurrencies such as Ethereum, Bitcoin Cash and Litecoin.
What is Grayscale Bitcoin Trust (GBTC)?
There is one way to invest in Bitcoin on the stock market: the Grayscale Bitcoin Trust (GBTC). It is one of several financial instruments that allow investors to trade stocks in trust funds that hold large amounts of Bitcoin, with each stock priced close to the price of Bitcoin.
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Try to answer the reason why GBTC was sold off heavilyFirst of all, we need to make it clear that besides selling some#BTCwhen collecting management fees, Grayscale will not and cannot actively sell BTC, because these assets are not Grayscale’s own, but the users’. Therefore, when users sell GBTC in their hands, Grayscale must reduce its holdings of an equal amount of BTC. This is the mechanism of#Bitcoinspot ETF. So the question now actually becomes, why are GBTC users anxious to sell their GBTC? After all, the halving is about to happen. Now GBTC is already equivalent to BTC to a certain extent, so wouldn’t it be better to keep it? ? This is the most relevant question for many friends. We are going to divide this matter into three different parts. I will leave what everyone is most concerned about last. First, in November 2023, the US court has approved that FTX can sell its assets to repay users’ losses. This As everyone knows, it includes 744 million US dollars of Grayscale assets, of which GBTC accounts for 22.2 million shares, which is now 36.29 US dollars per share. This part alone is more than 800 million US dollars. Is it sold out? No, it should still be on sale. After all, there is a limit on weekly sales, and FTX’s bankruptcy team can determine the priority of selling assets by itself. Moreover, FTX made a statement at the time to avoid selling in a way that affects the market, that is, try to It does not affect the market price. For example, the SOL locked by FTX is still waiting on the chain. Of course, it is uncertain whether the GBTC currently sold contains FTX components, but there is indeed no data indicating that FTX has liquidated all Grayscale assets. And before a#Bitcoinspot ETF is approved, it would be silly to sell, especially when the market is in a state of FOMO, so while there is no clear data, this may be part of the current sell-off. The second part is the sale by pure GBTC holders. There is another pitfall here, which is Grayscale’s 1.5% handling fee. You must know that including BlackRock and Fidelity, they all have very low handling fees to obtain more information. There are many users, but Grayscale is different. Grayscale naturally has a large number of users, so what Grayscale has to do is not to find ways to get more users, but how to reduce the departure of users. So why do users start from As for Grayscale's departure, this is the third part. We will answer it later. Then Grayscale will increase the handling fee to 1.5% is one of the ways to hope that users will not leave the market. Why do we do this? Because Huidu knows that there are too many users locking GBTC for too long. Many of the shares have changed hands no matter how many times. There may be a very large premium for the cost of many position holders, or even Many position holders have to leave the market even if they lose money, because it was too difficult to circulate GBTC in the past, and there was too much premium against the price of #BTC. Of course, increasing the handling fee has two benefits. One is to make hesitant investors feel pain, and the other is to make investors who are definitely leaving pay more. After all, they are all leaving. Who knows when the Year of the Dog will come back. And judging from the current conclusions of the market, many investors have given up on GBTC because of the 1.5% handling fee, because a lot of funds have gone into other ETFs such as IBIT after coming out of GBTC, so it’s not that users don’t like ETFs, but Don't like GBTC. Then the question comes to the third part. Why do GBTC users dislike GBTC so much? This is actually covered in the previous part. Part of it is because GBTC has trapped too many people for too long. After the spot ETF is passed, this part The trapped funds turned into huge profits, because the premium between GBTC and#BTCwas very high before. Buying GBTC at this time last year was equivalent to buying BTC at a 40% discount (approximately), so you can get the current price. It is a strong profit. Many friends may still have doubts about why these people don’t wait until the halving. In fact, Grayscale may think so too. The purchase composition of GBTC is also a main reason, because GBTC is rarely purchased by retail investors, including Sister Mu, FTX , 3AC and other institutions are actually the main buyers of GBTC. They are under pressure. Not all of their funds are their own, but also belong to many investors behind them. Especially when there is a large amount of profit, it is still relative to BTC. Leaving the market when the price is high is the most normal choice. Friends, do you still remember that Sister Mu was clearing GBTC before the#Bitcoinspot ETF was approved? This is because of two reasons: First: Sister Mu has expected that the price of#BTCwill correct in the future after the spot ETF. And it did appear. Second: The premium between GBTC and BTC is already very low. Selling GBTC at that time was already the best profit, and this is indeed the case in reality.So the question comes again, if users think#BTCwill continue to fall or correct, why should they rush to buy from $IBIT? After all, we have seen a large amount of funds entering including BlackRock and Fidelity. Many analysts believe that more than 33% of the funds entering BlackRock and Fidelity will come from Grayscale. There is another very troublesome thing here, which is tax. Many GBTC accounts come from tax-free accounts (including retirement accounts) or long-term tax-saving accounts (IRA), and tax-free GBTC can be directly entered into other ETFs for free. , this part is also the part with the largest outflow of GBTC. In fact, this part involves the U.S. tax law, which is indeed very complicated, and you only need to have a rough understanding of it. So in general, from many aspects, GBTC position holders leaving the market is the best choice at this stage, and there is almost no one.

Try to answer the reason why GBTC was sold off heavily

First of all, we need to make it clear that besides selling some#BTCwhen collecting management fees, Grayscale will not and cannot actively sell BTC, because these assets are not Grayscale’s own, but the users’. Therefore, when users sell GBTC in their hands, Grayscale must reduce its holdings of an equal amount of BTC. This is the mechanism of#Bitcoinspot ETF. So the question now actually becomes, why are GBTC users anxious to sell their GBTC? After all, the halving is about to happen. Now GBTC is already equivalent to BTC to a certain extent, so wouldn’t it be better to keep it? ? This is the most relevant question for many friends. We are going to divide this matter into three different parts. I will leave what everyone is most concerned about last. First, in November 2023, the US court has approved that FTX can sell its assets to repay users’ losses. This As everyone knows, it includes 744 million US dollars of Grayscale assets, of which GBTC accounts for 22.2 million shares, which is now 36.29 US dollars per share. This part alone is more than 800 million US dollars. Is it sold out? No, it should still be on sale. After all, there is a limit on weekly sales, and FTX’s bankruptcy team can determine the priority of selling assets by itself. Moreover, FTX made a statement at the time to avoid selling in a way that affects the market, that is, try to It does not affect the market price. For example, the SOL locked by FTX is still waiting on the chain. Of course, it is uncertain whether the GBTC currently sold contains FTX components, but there is indeed no data indicating that FTX has liquidated all Grayscale assets. And before a#Bitcoinspot ETF is approved, it would be silly to sell, especially when the market is in a state of FOMO, so while there is no clear data, this may be part of the current sell-off. The second part is the sale by pure GBTC holders. There is another pitfall here, which is Grayscale’s 1.5% handling fee. You must know that including BlackRock and Fidelity, they all have very low handling fees to obtain more information. There are many users, but Grayscale is different. Grayscale naturally has a large number of users, so what Grayscale has to do is not to find ways to get more users, but how to reduce the departure of users. So why do users start from As for Grayscale's departure, this is the third part. We will answer it later. Then Grayscale will increase the handling fee to 1.5% is one of the ways to hope that users will not leave the market. Why do we do this? Because Huidu knows that there are too many users locking GBTC for too long. Many of the shares have changed hands no matter how many times. There may be a very large premium for the cost of many position holders, or even Many position holders have to leave the market even if they lose money, because it was too difficult to circulate GBTC in the past, and there was too much premium against the price of #BTC. Of course, increasing the handling fee has two benefits. One is to make hesitant investors feel pain, and the other is to make investors who are definitely leaving pay more. After all, they are all leaving. Who knows when the Year of the Dog will come back. And judging from the current conclusions of the market, many investors have given up on GBTC because of the 1.5% handling fee, because a lot of funds have gone into other ETFs such as IBIT after coming out of GBTC, so it’s not that users don’t like ETFs, but Don't like GBTC. Then the question comes to the third part. Why do GBTC users dislike GBTC so much? This is actually covered in the previous part. Part of it is because GBTC has trapped too many people for too long. After the spot ETF is passed, this part The trapped funds turned into huge profits, because the premium between GBTC and#BTCwas very high before. Buying GBTC at this time last year was equivalent to buying BTC at a 40% discount (approximately), so you can get the current price. It is a strong profit. Many friends may still have doubts about why these people don’t wait until the halving. In fact, Grayscale may think so too. The purchase composition of GBTC is also a main reason, because GBTC is rarely purchased by retail investors, including Sister Mu, FTX , 3AC and other institutions are actually the main buyers of GBTC. They are under pressure. Not all of their funds are their own, but also belong to many investors behind them. Especially when there is a large amount of profit, it is still relative to BTC. Leaving the market when the price is high is the most normal choice. Friends, do you still remember that Sister Mu was clearing GBTC before the#Bitcoinspot ETF was approved? This is because of two reasons: First: Sister Mu has expected that the price of#BTCwill correct in the future after the spot ETF. And it did appear. Second: The premium between GBTC and BTC is already very low. Selling GBTC at that time was already the best profit, and this is indeed the case in reality.So the question comes again, if users think#BTCwill continue to fall or correct, why should they rush to buy from $IBIT? After all, we have seen a large amount of funds entering including BlackRock and Fidelity. Many analysts believe that more than 33% of the funds entering BlackRock and Fidelity will come from Grayscale. There is another very troublesome thing here, which is tax. Many GBTC accounts come from tax-free accounts (including retirement accounts) or long-term tax-saving accounts (IRA), and tax-free GBTC can be directly entered into other ETFs for free. , this part is also the part with the largest outflow of GBTC. In fact, this part involves the U.S. tax law, which is indeed very complicated, and you only need to have a rough understanding of it. So in general, from many aspects, GBTC position holders leaving the market is the best choice at this stage, and there is almost no one.
See original
Do these 4 things in 2024: You will benefit greatly in the next 20 years!1. The sooner the better. Establishing your own solid "life management system" has a much greater impact on your life than you think. This is definitely the most important thing I have realized most deeply over the years. The reason why I use two words "most" in succession is to show that this matter is really important. What is a life management system? To put it simply, you need to have your own way of managing your life. This mainly includes two parts: emotion management system & life management system. 1. Emotion management system, that is, you must be able to manage your emotions well and maintain a stable, joyful, and peaceful state. For this you need to know: Under what circumstances can you be in this state? How to create this state through some deliberate actions? What could disrupt this state of affairs? And how to deal with when you feel overly excited or depressed. All of the above need to be recorded deliberately. You need to deliberately observe your emotional state over a long period of time, record and conduct behavioral tests. This is something that requires you to be "distracted" to complete. It requires you to put more attention on the observation of consciousness and emotions while doing things. It may reduce your productivity in the short term, but trust me, it’s definitely a worthwhile investment of attention. It is no exaggeration to say that I have been emotionally troubled in the past few years. It affected my health, my work, my relationships, my overall state of mind with an unexpected degree of severity. Because of this I had to learn how to deal with my emotions and had frequent breakdowns. It is precisely because of this that I fully realize the importance of "life" and "emotions", and understand why people always refuse to come out of the trough, why many things are simple but many people just can't do it - because He is really trapped. It seems calm, but his life is actually a mess, which is getting worse and worse. Therefore, if you have often lost control of your emotions in the past, please be sure to put "establishing an emotional management system" first in 2024. 2. Life management system is to systematically manage several major aspects of life. It mainly includes: 1) External environment: living and office environment management 2) Internal environment: personal health management 3) Time dimension: life rhythm management 4) Dynamic dimension: interpersonal communication management 5) Intrinsic dimension: life goal management In fact, all aspects of life are Including these five dimensions and managing these five aspects well can ensure that life does not get out of control to the greatest extent.What kind of pace of life is the most efficient and comfortable for you? How to establish correct eating habits to prevent annoying little problems in the body? What behavioral habits can help you maintain a comfortable environment? How to deliberately choose your social circle and how to deliberately maintain the intimacy between friends? (Friends are very important investments) All of the above are things that will have an imperceptible but important impact on our lives. If you can deliberately spend some time exploring and optimizing your life system, then this matter will definitely have an impact on our lives. The benefits will be huge for the next few decades of your life. 2. In addition to the awareness of money investment, it is more important to have "awareness of attention investment" and "awareness of time investment." Simply put, life is an investment game. It includes three important elements: capital, choice, and results. What capital do you have, what choices do you make, what results do you get, and whether this result can accumulate to assist your next investment of larger capital, with more possible choices and more certain results. Life is driven forward in this way. However, a narrow understanding in the past is that we often think that only "money" is capital, which is completely wrong. Attention, time, physical strength, brain power, health, stable output of emotions, reputation, age and the potential social recognition behind it. The above are the capital that everyone has, and they are capital that is much more important than money. I'm not making chicken soup, I'm serious! Or to put it more bluntly, the reason why so-called capitalists can become capitalists is that they can buy labor force, that is, buy a person's physical strength, brainpower, health, attention, time, etc. If they only use money for consumption, then the money is not capital, but consumer goods. It is what you and I possess that turns “money” into “capital” with investment properties. So since they can, of course you can invest on your own. Research on brain science has long proven that a person's daily attention is limited, not to mention time. All the above mentioned actually have invisible weight, just like heavy gold coins, you must spend them before falling asleep, and the way you spend determines what you can get in the future.You can choose to invest your attention on other people's opinions, other people's trivial matters, and nipple pleasure on this day. You can spend your brainpower on intrigues, calculating petty profits, and competing with others. You can spend your health on junk food, staying up late, Play games all night; you can also invest in effective social interaction with friends, invest in solving problems, you can also use a healthy body to invest in health (such as fitness), use attention to invest in attention (deliberately practice concentration), and use Time investment in exchange for more time (study and time management). And so on. This is a cognitive breakthrough that has benefited me a lot in recent years. After you understand this matter, many things will suddenly become clear to you. Whether you choose to do something or not, you will have a clearer purpose and direction. In fact, many people lament that they have no money and can't do anything every day, but they ignore the resources they really have at hand. This kind of prejudice that is limited to money is really fatal. After all, money is just one of the tools at your disposal. The things I mentioned above are the real competition in the game field. They are absolutely fair capital, with absolutely fair distribution and open and transparent self-growth channels. As long as you invest correctly, you will definitely get good returns. 3. Consciously cultivate the ability to "make money independently" and begin to deliberately establish the foundation for your own livelihood - a skill and ability that is not affected by the outside world, is truly effective, and can definitely make money. ,thing! In the past two years, we have seen that too many industries and too many positions have been affected, and too many people have lost their jobs and cannot find a job. Under this long-term trend, it is particularly important to find a foundation for one's livelihood. It may not be a skill, nor may it be a physical object, but it must be something unique to you, better than most people, something that you have actually invested time and brainpower in, and something that has room for demand in the market. For example, writing ability, social skills, a certain work, or a certain resource are all fine. Personally, I am not optimistic about the future situation. There will only be fewer and fewer cases where you can get a job purely by selling your physical strength and a little bit of brain power. With resources shrinking and technological progress slow, if there is nothing that can be held in hand to resist changes in the outside world, in the future only Will become more and more passive.If you have a general direction, please reduce entertainment consumption as much as possible and invest in it; if you don't, then find the most likely direction from what you are already doing and invest immediately, don't wait. The time of slow growth has passed. Please trot forward under the great changes! Fourth, accept the reality of consumption downgrade and return to rational consumption. In my opinion, this is actually a good retrograde thing in the downturn. The overall consumption trend in the past few years has actually been over-expanded. There is a serious premium on consumer goods, and exaggerated consumption and waste are common. In the past three years, many people have pursued premium products that are far beyond their capabilities and wasted a lot of time and money on unnecessary consumption. Although these circumstances have created the illusion of a prosperous market, in fact they have resulted in a waste of social and personal resources. The word "waste" is not an exaggeration to describe it. There is no need to go into details about the reasons behind it. You just need to understand one thing - the products we consume today and the consumption concepts that have been rooted in our minds in the past few years are very important. The "very big" here can be enlarged to the best of your imagination. What is likely to happen in the next few years is that businesses are still banging gongs and drums to try to maintain prosperity, but consumers are generally weak and begin to show a trend of returning to rationality. In other words, it is difficult to do business, it is difficult to implement projects, and it is harder for everyone to earn money. But this is not necessarily a good thing. In other words, compared to a situation where the market is booming but comparison consumption is common, and everyone is too hot-headed to burn resources excessively, I would rather see a situation of simplicity and rationality, returning to the essence of consumption. After all, this is a good thing from the perspective of protecting the earth or reducing involution. Of course, for individuals, it also means being mentally prepared to reduce consumption. But don’t worry, this is not worth feeling sorry for yourself. On the contrary, you will have the opportunity to find more practical joy and live with a more inner sense of security. In the end, no matter what, 2023 is about to pass. Maybe not in the way you expected, maybe you feel lost, but it will pass soon.You have been changed, and I hope that is for your good. Drink the wine in silence, pack your bags, regroup, and set off again together. In 2023, thank you for staying with me all the way. I wish you all the best in 2024! 🙏

Do these 4 things in 2024: You will benefit greatly in the next 20 years!

1. The sooner the better. Establishing your own solid "life management system" has a much greater impact on your life than you think. This is definitely the most important thing I have realized most deeply over the years. The reason why I use two words "most" in succession is to show that this matter is really important. What is a life management system? To put it simply, you need to have your own way of managing your life. This mainly includes two parts: emotion management system & life management system. 1. Emotion management system, that is, you must be able to manage your emotions well and maintain a stable, joyful, and peaceful state. For this you need to know: Under what circumstances can you be in this state? How to create this state through some deliberate actions? What could disrupt this state of affairs? And how to deal with when you feel overly excited or depressed. All of the above need to be recorded deliberately. You need to deliberately observe your emotional state over a long period of time, record and conduct behavioral tests. This is something that requires you to be "distracted" to complete. It requires you to put more attention on the observation of consciousness and emotions while doing things. It may reduce your productivity in the short term, but trust me, it’s definitely a worthwhile investment of attention. It is no exaggeration to say that I have been emotionally troubled in the past few years. It affected my health, my work, my relationships, my overall state of mind with an unexpected degree of severity. Because of this I had to learn how to deal with my emotions and had frequent breakdowns. It is precisely because of this that I fully realize the importance of "life" and "emotions", and understand why people always refuse to come out of the trough, why many things are simple but many people just can't do it - because He is really trapped. It seems calm, but his life is actually a mess, which is getting worse and worse. Therefore, if you have often lost control of your emotions in the past, please be sure to put "establishing an emotional management system" first in 2024. 2. Life management system is to systematically manage several major aspects of life. It mainly includes: 1) External environment: living and office environment management 2) Internal environment: personal health management 3) Time dimension: life rhythm management 4) Dynamic dimension: interpersonal communication management 5) Intrinsic dimension: life goal management In fact, all aspects of life are Including these five dimensions and managing these five aspects well can ensure that life does not get out of control to the greatest extent.What kind of pace of life is the most efficient and comfortable for you? How to establish correct eating habits to prevent annoying little problems in the body? What behavioral habits can help you maintain a comfortable environment? How to deliberately choose your social circle and how to deliberately maintain the intimacy between friends? (Friends are very important investments) All of the above are things that will have an imperceptible but important impact on our lives. If you can deliberately spend some time exploring and optimizing your life system, then this matter will definitely have an impact on our lives. The benefits will be huge for the next few decades of your life. 2. In addition to the awareness of money investment, it is more important to have "awareness of attention investment" and "awareness of time investment." Simply put, life is an investment game. It includes three important elements: capital, choice, and results. What capital do you have, what choices do you make, what results do you get, and whether this result can accumulate to assist your next investment of larger capital, with more possible choices and more certain results. Life is driven forward in this way. However, a narrow understanding in the past is that we often think that only "money" is capital, which is completely wrong. Attention, time, physical strength, brain power, health, stable output of emotions, reputation, age and the potential social recognition behind it. The above are the capital that everyone has, and they are capital that is much more important than money. I'm not making chicken soup, I'm serious! Or to put it more bluntly, the reason why so-called capitalists can become capitalists is that they can buy labor force, that is, buy a person's physical strength, brainpower, health, attention, time, etc. If they only use money for consumption, then the money is not capital, but consumer goods. It is what you and I possess that turns “money” into “capital” with investment properties. So since they can, of course you can invest on your own. Research on brain science has long proven that a person's daily attention is limited, not to mention time. All the above mentioned actually have invisible weight, just like heavy gold coins, you must spend them before falling asleep, and the way you spend determines what you can get in the future.You can choose to invest your attention on other people's opinions, other people's trivial matters, and nipple pleasure on this day. You can spend your brainpower on intrigues, calculating petty profits, and competing with others. You can spend your health on junk food, staying up late, Play games all night; you can also invest in effective social interaction with friends, invest in solving problems, you can also use a healthy body to invest in health (such as fitness), use attention to invest in attention (deliberately practice concentration), and use Time investment in exchange for more time (study and time management). And so on. This is a cognitive breakthrough that has benefited me a lot in recent years. After you understand this matter, many things will suddenly become clear to you. Whether you choose to do something or not, you will have a clearer purpose and direction. In fact, many people lament that they have no money and can't do anything every day, but they ignore the resources they really have at hand. This kind of prejudice that is limited to money is really fatal. After all, money is just one of the tools at your disposal. The things I mentioned above are the real competition in the game field. They are absolutely fair capital, with absolutely fair distribution and open and transparent self-growth channels. As long as you invest correctly, you will definitely get good returns. 3. Consciously cultivate the ability to "make money independently" and begin to deliberately establish the foundation for your own livelihood - a skill and ability that is not affected by the outside world, is truly effective, and can definitely make money. ,thing! In the past two years, we have seen that too many industries and too many positions have been affected, and too many people have lost their jobs and cannot find a job. Under this long-term trend, it is particularly important to find a foundation for one's livelihood. It may not be a skill, nor may it be a physical object, but it must be something unique to you, better than most people, something that you have actually invested time and brainpower in, and something that has room for demand in the market. For example, writing ability, social skills, a certain work, or a certain resource are all fine. Personally, I am not optimistic about the future situation. There will only be fewer and fewer cases where you can get a job purely by selling your physical strength and a little bit of brain power. With resources shrinking and technological progress slow, if there is nothing that can be held in hand to resist changes in the outside world, in the future only Will become more and more passive.If you have a general direction, please reduce entertainment consumption as much as possible and invest in it; if you don't, then find the most likely direction from what you are already doing and invest immediately, don't wait. The time of slow growth has passed. Please trot forward under the great changes! Fourth, accept the reality of consumption downgrade and return to rational consumption. In my opinion, this is actually a good retrograde thing in the downturn. The overall consumption trend in the past few years has actually been over-expanded. There is a serious premium on consumer goods, and exaggerated consumption and waste are common. In the past three years, many people have pursued premium products that are far beyond their capabilities and wasted a lot of time and money on unnecessary consumption. Although these circumstances have created the illusion of a prosperous market, in fact they have resulted in a waste of social and personal resources. The word "waste" is not an exaggeration to describe it. There is no need to go into details about the reasons behind it. You just need to understand one thing - the products we consume today and the consumption concepts that have been rooted in our minds in the past few years are very important. The "very big" here can be enlarged to the best of your imagination. What is likely to happen in the next few years is that businesses are still banging gongs and drums to try to maintain prosperity, but consumers are generally weak and begin to show a trend of returning to rationality. In other words, it is difficult to do business, it is difficult to implement projects, and it is harder for everyone to earn money. But this is not necessarily a good thing. In other words, compared to a situation where the market is booming but comparison consumption is common, and everyone is too hot-headed to burn resources excessively, I would rather see a situation of simplicity and rationality, returning to the essence of consumption. After all, this is a good thing from the perspective of protecting the earth or reducing involution. Of course, for individuals, it also means being mentally prepared to reduce consumption. But don’t worry, this is not worth feeling sorry for yourself. On the contrary, you will have the opportunity to find more practical joy and live with a more inner sense of security. In the end, no matter what, 2023 is about to pass. Maybe not in the way you expected, maybe you feel lost, but it will pass soon.You have been changed, and I hope that is for your good. Drink the wine in silence, pack your bags, regroup, and set off again together. In 2023, thank you for staying with me all the way. I wish you all the best in 2024! 🙏
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