In the US stock market, small-cap companies that go public through shell mergers and are linked to the cryptocurrency world, the Chinese bosses involved must run after the initial surge. Still, it's better to invest in larger-cap high-tech stocks based in the US.
When there are results, always think about preserving wealth first, stabilizing it to ensure a worry-free life in the later years, and then consider further steps. In the last round, many people made a lot of money, and the speed of wealth increase far exceeded the speed of understanding, leading to mismatches. In the end, many ended up in poverty or even debt. I have many friends like this around me, Each has their own way of downfall, Obsessed with NFTs die, Those gambling on contracts with spot and meme coins die, Cashing out to invest in mining ventures die, Playing with schemes die, On-chain finance die.
What a pit the cryptocurrency world is, the serious new listed defense drone stock in the US stock market $AIRO has a circulating market value of only 100 million, while these garbage coins in the crypto world have sold you several tens of millions or even billions, it's really damn dark, shitcoins in the crypto world kill without blinking.
Yesterday, I updated my understanding of the pension industry. If you can make money from something, but it doesn't allow you to earn money while lying down, nor does it allow your next generation to earn money while lying down, this is called a skill. If you can make money from something, and at the same time, you hire people to make money using your approved methods while lying down, and it allows the next generation to lie down and do nothing but still replicate your ability to earn money while lying down, this is called the pension industry.
Many people do small businesses reselling goods like fruits and vegetables and make a lot of money, but if they don’t set up their stall for a day, they won’t earn any money. This is a skill. If you spend two or three years to find the best quality fruit suppliers directly from the source for each type of fruit available in the market, and then solve the logistics and transportation for keeping them fresh. You only need to master the suppliers for each type of fruit to open a store, hire people, and then you can run the best fruit store and earn money while lying down, and by providing the contact information of suppliers to the next generation, you can easily replicate and hire people to manage it while still earning money while lying down, this is called a business.
Making money from trading cryptocurrencies is similar; the only ones that can be considered a business are the leading exchanges, the USDT Tether company, and a large number of long-term holders of BTC can be considered a business. Our battles in the exchanges and on the blockchain can only be regarded as skills.
I am optimistic that BTC will reach 1 million USD at a rate of 10,000 percent. All fiat currencies are being overissued and heading towards collapse. National powers can impose illogical taxes on various traditional assets at any time. U.S. stocks, real estate, and other asset returns. But with BTC, we are free as long as it is on the blockchain. No government can plunder our assets🏴☠️.
Bitcoin returns to 108,000 dollars. The painful part is that I bought the dip at 102,300 a few days ago and got liquidated at the lowest point, learning from James and used 50x leverage 😂 With little money, I don't want to earn small amounts, but I want to play big. I'll wait for the money in the FTX account to sell and then play again.
Bought some rklb, Trump and Musk had a disagreement, Musk threatened to retire the Dragon spacecraft, and the U.S. government may need to find alternatives to SpaceX's rocket.
sbf is truly regrettable. Since sbf fell, I haven't seen anyone who can continuously pull in real money like a big boss. There hasn't been an investment master with such unique insight as him. sbf invested in claude, valued at 8 billion USD. sbf invested in anysphere, valued at 500 million USD. sbf invested in wld, valued at 1.4 billion USD. sbf invested in circle, and part of the 34 million shares of circle stock that have been traded in the past few days were sold by the ft's liquidation team from sbf's investment.
This case has made the relationship between the two increasingly absurd.
A woman pursues a man, they go out on a date, the man asks the woman if she agrees, the woman disagrees, the man leaves, the woman accuses the man of rape, the crime is terminated, 8 months.