木火苗

Investing is not a sprint of bursts, nor is it a marathon of endurance, but a climb. The rock wall is towering and the footholds are sparse; the key is not to climb faster than others, but to ensure each step is stable and each grip is secure. A misstep can lead to a fall back to the bottom, ruining years of accumulation in an instant. This is not only a technical skill but also a contest of temperament and wisdom.

The first lesson in rock climbing is to learn to respect it. The same goes for investing. The market is like a rock wall, seemingly calm on the surface but hiding cracks beneath. Beginners often think that speed is good, chasing trends and betting on fads, fantasizing about making a leap to the top. But in reality, rushing to succeed often leads to slips and falls. True climbers understand that speed does not equal success; steadiness is the way to survive. With every foothold chosen, one must repeatedly confirm: How is this company's fundamentals? Is the industry trend sustainable? Where are the risks? Only by firmly establishing a foothold can one confidently climb higher.

Have you noticed that the activities of Binance Wallet have been flooding the WeChat circles of college students around you recently? From downloading the wallet to inviting friends and family, and then retaining funds in the wallet, this seemingly simple activity hides a grand Web3 traffic strategy! Today, let's break down how this activity 'attracts fans' offline and gradually converts Web2's 'arbitrage seekers' into Web3's future main force!

1. Starting from Zero: Attracting College Students with 'Lightweight' Activities
The event design of Binance Wallet is truly 'textbook-level'. The first step targets college students—young people who are curious about new things, have ample time, and are socially active. The rules are simple: download Binance Wallet, invite friends and family, and you can earn rewards.

There are always some people in the crypto world who repeatedly achieve big results—either they catch meme coins at a hundredfold or projects multiply when they launch. Every time this happens, there are always trolls jumping out saying, 'Isn't it just good luck?' Fine, if thinking this way helps them sleep peacefully, then let it be luck. But the truth is, others make money because of luck, and lose money because of strength? Do you believe that yourself?
Big results don’t just fall from the sky; a long enough long board can catch them.
Look at those big shots in the crypto world who repeatedly profit; do they really rely on luck? Don't be silly. Those who can repeatedly seize opportunities must have a long enough 'long board.' Some are good at sniffing out opportunities, going all in on meme coins when Solana was just getting hot; others are proficient in on-chain data, cashing out before others are still FOMOing. This kind of long board isn't created by luck, but forged through insight, vision, and execution.

Recently, the crypto world has been turbulent, BSC's spot effect has collapsed, and the meme craze has cooled down, with complaints of 'blood flowing like a river' everywhere. Don't you feel this is like the 'junk time' of history — chaotic, directionless, and no one knows what will happen next? But I want to tell you one thing: history has junk time, but you as an individual do not. Don't let the junk time of the crypto world drag down your life.
The script of history, the version of the crypto world, and the junk time in history often occur after great chaos or before great change, and no one knows which way the wind will blow. For example, at the end of the Three Kingdoms, all the heroes were scattered, leaving only a field of chicken feathers; or like the eve of the Great Depression, where bubbles flew everywhere, and in the end, everything shattered with a bang. The crypto world also has such times: the favorable period has passed, the unfavorable period has come, projects are failing, and the big players are running away, leaving the retail investors confused. Look at the recent BSC, with wholesale listings, midnight crashes, and air projects clustered together; isn't that just a carnival of junk time?

Recently, friends in the crypto space have been discussing one thing: why has the spot effect of the Universe Exchange (Binance Smart Chain, BSC) collapsed? Where has the 'magical power of token launches' that used to soar upon launch gone? Don’t worry, today we will delve into the 9 major reasons behind this, and you will discover that this matter is truly not simple.

1. Wholesale token launches have diluted liquidity to the point of being like plain water.
This time, the Universe Exchange launched 4 projects all at once, which can be called 'wholesale launches'. What was the result? Liquidity was spread too thin, and no project could take off. It's like going to a buffet; with too many dishes, you end up unable to eat—this reasoning is understandable even to a novice.

Recently, I keep hearing a word—confusion.
Friends around me and voices online are almost all saying: 'I feel so lost.'

But today, I want to talk to you about something different: confusion is actually the norm of life. It is the moment of clarity that is unexpected. Just look at those who once shone brightly; who didn’t envy them when they were full of ambition? But a few I know now can hardly live without alcohol.

They say it's about relieving stress, but behind the pressure is still confusion. Confusion about the company's future, confusion about one's own destiny. Life and death are minor matters; what’s most feared is the feeling of being worse than dead. Just look at the investment circle and the cryptocurrency circle—those familiar names—CZ^c-17, Sun Ge, Ben; who doesn’t have a head full of lawsuits? Who can confidently say they know where the end point is? Even wealthy people feel this way, and confusion really has nothing to do with money. Money can solve many problems, but it cannot cure confusion.

In the battlefield of money and dreams in the cryptocurrency world, paid knowledge has become a hot topic. Some people spend thousands of dollars on courses to learn trading, airdrop harvesting, and DeFi, dreaming of becoming rich overnight; while others scoff, calling it an 'IQ tax', isn't free candlestick charts and white papers attractive? In the era of information explosion, artificial intelligence brings waves of cryptocurrency knowledge, while paid courses claim to 'lead you to buy low and sell high'. Is this truly a shortcut to investment wisdom, or a new trick for capital to harvest retail investors?

Paid faction: Knowledge is the stepping stone to wealth.
Supporters say that the cryptocurrency world is too deep, and paid knowledge is a lifeline. Free information is abundant, but 90% of it is noise - either outdated tutorials or smokescreens spread by big players. Paid content is like 'concentrated dry goods': some people spend millions on trial and error, falling into traps, summarizing the BTC halving rules and on-chain data analysis methods, and you can copy their homework for just a few hundred dollars. For example, during the 2020 DeFi boom, those who understood YFI mining logic easily made dozens of times their investment, while novices struggled to even set up their wallets correctly. Knowledge has compounding effects; the earlier you understand trends, the better you can seize the window of opportunity. Missing one round of the bull market could mean a lifetime of wealth disparity.

Anyone who has mingled in the crypto world knows that KOL (Key Opinion Leader) is a role that is both desirable and elusive. Who doesn't want to be that influential figure that everyone responds to? A single tweet can launch a project, and a simple 'buy' can set the tone. However, reality is harsh: truly influential KOLs are rare, and most are just fleeting 'promoters'. So the question arises—what exactly is a KOL? How should one go about gaining 'influence'?

KOL is not shouted out; it's demonstrated.