币圈James

Talk about your views on China

#币安LaunchpoolNIL 1 BNB estimated to mine 1.5 $NIL, a high of $BNB dropped 10 dollars, even if NIL is 2 dollars each, it’s still not enough to fall, so I only bought to mine after the announcement without hedging, which is equivalent to a waste.

There are 10 days left until Trump's inauguration, and on the 7th, Congress officially certified Trump's victory. On January 20, he will be officially inaugurated, and during this time, the market will be filled with positive expectations. Once the positive developments materialize as expected on January 20, the market may begin to correct, and one may consider selling at highs. #特朗普上台概念币有哪些？
Next, the altcoin market may continue to engage in short-term speculation around the 'Trump concept' or related concepts that have emerged. Among them, the trends of Trump concept coins like TRUMP, MAGA, and FIGHT are the most prominent.
Since the 2nd, these coins have generally seen increases controlled between 50% and 100%, quickly widening the bottom range. Their upward momentum is strong, and they are expected to create a tenfold increase in the next two weeks. Speculative trading requires learning to leverage short-term momentum and inertia, and having the courage to act decisively.

In Shanghai, my wife and I have 4 apartments, with a total price of about 22 to 23 million. We have about 1 million in cash on hand, and per capita, we are also over 10 million. It's just that we bought the apartments relatively early, and the assets have appreciated: I bought my two apartments in 2009, and without counting the mortgage down payment, it cost me less than 1 million at that time. My salary was low, and after buying the two apartments, I haven't lived in them for a single day in the past 9 years; the rent has been used to pay off the mortgage. Later, my salary gradually increased, and I saved my first 1 million in life and paid off all the loans at once.
Now, my wife has an annual salary of about 120,000 in the public sector, while I work in a foreign enterprise, earning 300,000 a year. Out of the four apartments, two are rented out; one of them has a mortgage, and the rent just covers the mortgage, while the other apartment rents for 6,000 yuan a month, generating an annual income of 72,000. With the 1 million we have on hand, we bought low-risk financial products from the bank, with an annualized return of 3.5%. The total annual income is: 12 + 30 + 7.2 + 3.5, approximately 530,000. We are considering buying a joint venture brand car worth about 300,000, which we have already driven for 7 or 8 years, covering 60,000 kilometers, in good condition, and we plan to drive it for another 7 or 8 years before replacing it. The car was bought with a loan of 180,000, and at that time, we were very tight on cash, but we paid it off in three years. At that time, I felt quite constrained in my life, and I wanted to buy myself a nice car as a reward. Now looking back, that was also a result of vanity; it was actually unnecessary to buy such an expensive car.
In terms of expenses, my wife usually likes to buy clothes and small items, spending about 5,000 each month; I cook at home, spending about 1,000 on groceries each month; occasionally dining out or gathering with friends costs about 1,000 per month; utilities and property management are about 800 per month; the cost of maintaining the car is spread out to about 1,000 per month; my personal expenses are negligible, not exceeding 2,000 a year, which I will explain in detail later; and for other miscellaneous expenses, let's add another 20,000 to 30,000. Calculating all that, the total annual expenses are: (5000 + 1000 + 1000 + 800 + 1000) * 12 + 25000, let's say approximately 130,000.
So, we can save about 400,000 each year.
Now let me share my feelings: my wife and I are both highly educated. We both have PhDs, and while it is not impossible for us to find high-paying jobs, we have a mindset of being content with moderate wealth. We believe that our current wealth and income level can fully satisfy our desires, and we also don't want to be delayed in life by the 996 work culture and endless social obligations. Some may think we are not ambitious, and yes, you are right. Personally, when I just graduated from undergraduate studies, I first worked and bought.

BNB may have an opportunity for a fundamental reassessment (surge) in the future. Let me explain the reasons and the logic behind investing in BNB. I have a pinned article titled 'The Logic of BNB in the Cryptocurrency World and Product Logic', but there is also a future logic that will occur, which is policy logic.

How does policy logic work?

Binance has been developing over the years under pressure from the United States, and the suppression has been quite severe. Remember, initially Binance only had a global platform where people from different corners of the world could register and use it. Later, the U.S. raised regulatory demands, and in order to comply with U.S. regulations, Binance had to separate the U.S. Binance from the global Binance. U.S. users could only use the U.S. platform, and the products, operational flexibility, and token varieties of U.S. Binance were far inferior to those of the global platform. Binance was even forced to shut down the BUSD business, which was already the third-largest stablecoin. This has significantly suppressed Binance's overall development. Another indication of this is that although BNB is the sixth-largest (formerly fourth) cryptocurrency by market capitalization, almost no U.S. exchanges have listed it for trading. The policies have been extremely unfriendly towards Binance, with a $10 billion fine this year and CZ facing a 4-month prison sentence.

However, the opposite is true; when something reaches an extreme, it tends to develop in the opposite direction. The political landscape in the U.S. has changed, and the incoming Trump administration has shown a friendliness towards cryptocurrency. Most of the cabinet team formed is also crypto-friendly, indicating that policies regarding cryptocurrency may become more lenient. The restraints binding Binance and BNB may very well be loosened or even removed, and there may even be significant U.S. financial institutions taking stakes in it. It is worth noting that the U.S. is currently the largest cryptocurrency market globally, which would be a crucial positive for Binance, clearing development policy obstacles, and BNB may also face a fundamental reassessment (surge).