币圈鸿歌

It is said that one day in the crypto world is like ten years in the human world. Many people have heard that the crypto field has high returns, with yearly returns ranging from 10 to 10,000 times, seen as the last chance for ordinary people to become wealthy. The internet is filled with various anxious voices. Today, let's take a look at the annual returns of financial giants over the years.

1. Buffett's Company (Berkshire Hathaway)
Berkshire Hathaway, led by Buffett, is one of the most well-known investment entities globally. According to its long-term historical data (from 1965 when Buffett took over to the present), Berkshire Hathaway's annualized returns are exceptionally outstanding:

While the blockchain industry is still fervently proclaiming the ideals of "decentralization" and "community governance," the Redstone oracle project crushes the passion and trust of 200,000 community members under the capital gears through a meticulously planned "labor harvesting plan." This is not a technological revolution, but a naked digital enslavement—squeezing community creativity with false promises, then harvesting all hope with a code-written sickle.



1. A meticulously designed "labor concentration camp": from expedition activities to airdrop scams.
The Redstone project team is well aware of human weaknesses. They built digital cages with three phases of "expedition activities":

Back in the winter of 2023, a clear voice came, I am a long-term bearish person, please don’t tell me anything else. Why go short? In fact, I don't know, and I haven't thought about it until now. This may have something to do with a person's personality and cognition. Psychologically speaking, person No. 1 is more suitable for the long-term, not short-term. Person No. 2 is an exquisite egoist, so he will always understand the world from a personal perspective. Person No. 3 likes Stud the most because Emotions can sway them. People No. 4 are stubborn people who are not good at changing themselves. They are good believers, comparable to Person No. 1. Person No. 5 is more casual and may be a swing dog. Person No. 6 is a service person and may be suitable to become a trader. Person No. 7 is a mysterious person, naturally taciturn and likes to study everything, as long as he is willing to study. , may become a trading genius. People with No. 8's business acumen are more flexible, so they are also speculative dogs. People with No. 9 are sad personally, so they are good at seizing opportunities, but if they don't learn, they will let opportunities play with them. Having said so much, let’s talk about why we are bearish for a long time? Investment is related to a person's personality. For example, Buffett emphasizes from his personal cognition that he must invest in entities and has almost no participation in technology-based virtual industries. What I want to say is that this long-term bearish friend is a No. 4 person. Things they believe are difficult to change, and the more opposition from the outside world, the more insistent he will be. What's the other reason? Because of the environment, people around me are maintaining a long-term bearish mindset after Bitcoin reaches US$43,000 and Ethereum US$2,400, but is this really profitable? We might as well look at another example. Soros, the world's top speculator, has been shorting the economies of some small countries for a long time, and finally made a lot of profits. However, he has repeatedly failed when he shorted the Chinese economy, including shorting Hong Kong, and ended in failure because of cognitive decisions. The underestimation of China, a new economy, had to end in a disastrous failure. So this long-term bearishness on cryptocurrency is undoubtedly a serious lack of understanding of this new economy. Even though we know that there are fundamentals such as ETFs behind it and have not materialized, we still persist in the bearish thinking. In fact, it is too early to say. When I wrote this article, the price of Bitcoin was still at 43,830 US dollars, and the price below was 43,000 US dollars. Support, that is, the green band is still bullish if it is not broken. We have to think that the risk of being bearish on a new economy is far greater than the risk of being bullish. The market is ever-changing. With long-term positive blessings, it is very dangerous to be rashly bearish. On the other hand, the Cancun upgrade of ETH has also brought a wave of rise to the Ethereum system, and Ethereum is still fluctuating at 2,300 US dollars. If 2,280 does not break, then it may continue to rise, so stay awake. It is a quality that an investor should have. If you judge the market based on personal knowledge, sometimes it will be too arbitrary. If personal knowledge could change the world, Soros would have made a lot of money by shorting the Chinese economy. Obviously, one cannot make correct judgments about the world based on one's original cognition. I divide a person's cognition into three levels: First, first acquaintance, understanding a new thing in a few words, and then starting to evaluate it arbitrarily. This type is the easiest and most likely to miss opportunities. The second is critical. They do not fully understand a new thing from the underlying logic. They recognize new things, but most of them stop at the surface level. At this time, they are easily influenced by the outside world and lose their correct judgment. The third is Lingkong, who has been convinced by the underlying logic of the whole new thing and opened the door to the new world. This is the highest level of cognition and can crush all opposition. However, different cognitions depend on personality, and personality determines cognition. As mentioned at the beginning of the article, different personalities have different psychological characteristics, so cognition must be related to personality, including what university you went to and what academic diploma you have. It doesn't matter. Hongge has always believed that academic qualifications are just a door for you to open social relationships. It does not represent a person’s high cognition, nor does it represent how high a person’s literacy is. A person’s cognition lies in experience, and it is based on a kind of spiritual understanding. In a state of perceiving everything in the universe, discovering the world from the microcosm, learning from everyone's words, being neither coquettish nor impatient, and treating everything without prejudice. Investment is a kind of realization of cognition, and a person's cognition determines how much money the chosen project will ultimately earn, and a person's attitude towards the market is also a person's cognitive shortcomings. Bravely admit mistakes, in the capital market It is more rare than sticking to yourself, and in front of the market, No. 7 people may be able to stick to their bottom line better. They are like grass, they will fall wherever the wind blows, so be a grass seriously in the capital market. Well, even if you are inconspicuous in the eyes of others, you still have strong vitality.

The time came in January 2024, and everyone was watching, and Tong Tong witnessed this great moment. The SEC signed the most nerve-wracking deal in history. It was such a nerve-wracking five minutes. Everyone on the scene held their breath. As the lights flashed, the SEC chairman finally made clear his attitude towards cryptocurrency and admitted that It has taken many years for ETFs to achieve compliance, and all this comes from the unremitting efforts of the world's top asset management companies. Time flies and it is now December, Christmas Eve. Everyone is looking forward to whether the Bitcoin ETF will pass. Hongge analyzed this historic moment from a personal and intuitive perspective. It can be seen from the SEC's past attitude towards Bitcoin ETFs that there is some ambiguity in the attitude towards ETFs this time, which is postponement and repeated meetings. I still remember that a few months ago, when the SEC rejected Grayscale’s move to convert GBTC into a spot ETF, the SEC’s attitude was obviously repulsive. Now, it's different. He didn't do that. Instead, he repeatedly asked the company to submit the changed documents. If he didn't want to approve it, he might reject it, but he didn't do that now. The reason is that public capital has exerted its efforts to force the SEC to recognize the fact of Bitcoin ETF. It is precisely because of this that Bitcoin has surged from 24,000 US dollars to 45,000 US dollars. Compared with the lowest point at the beginning of the year, it has directly increased by one point. About times. Without the support of capital, Bitcoin would not be able to achieve such a large increase. At the same time, during the entire rise, you may have noticed that MicroStrategy companies continued to buy. The bullish sentiment of institutions has driven the bullish sentiment of retail investors. In fact, unfortunately, when the price reached 37,000 US dollars, many people began to fear that Bitcoin would fall back to 32,000 US dollars, so they shorted the entire rise in the second half. Then Bitcoin rose all the way up by 8,000 US dollars, so awareness determines pockets. I believe there are Those who have been paying attention to Hongge should know that Hongge recommended going long on dips throughout the process. Another reason is that during the general election next year, many people are recommending leaders who favor cryptocurrency. For this reason, the SEC will reconsider approving the Bitcoin ETF. Even if the SEC does not approve it, it may end up losing its job. , will not end well, so under all kinds of pressure, the Bitcoin ETF matter has actually been settled, we just need to wait with confidence.At the time of writing, the price of Bitcoin has fallen back to US$43,600, and US$42,200 below is a strong support. It has not fallen below, and is still bullish. That is, as long as Bitcoin is above the green band, it is still bullish, and it is bearish if it falls below 42,200. At present, the global attitude towards cryptocurrency has obviously loosened. Countries have begun to liberalize applications for Bitcoin ETFs. The reason why mainland China’s current attitude is unclear is because of the distributed and encrypted nature of cryptocurrency, and it has not been able to find a reasonable one. However, the fact of cryptocurrency has been acknowledged, but it has shown a sense of helplessness that it cannot be regulated, so it has banned circulation in policy. Recently, the mainland has also begun to promote the development of web3, which is a positive Phenomenon. I believe that in the near future, the world will reach a consensus around the regulation of cryptocurrency, thus promoting the orderly development of the entire crypto market. Many people say that the performance of Ethereum in this round is not as strong as that of Bitcoin. In fact, the biggest reason lies in the foundation and the founders themselves. Maybe everyone has noticed that when the price rises, the Ethereum Foundation and the founders themselves are in a split. A batch of Ethereum holdings were sold, which caused people to worry and spread negative emotions. In addition, the extension of the Ethereum ETF will not have results until May 2024, so there are not many positive expectations in the short term. . As of writing, Ethereum has fallen back to 2,285 US dollars. 2,243 above Ethereum is a strong pressure, and 2,250 below is a strong support. As long as it does not break the 4-hour green band, it is still bullish. #BTC #ETH #ETF批准 #web3.0

The market over the weekend has entered a small market with mainly shocks, which is suitable for drinking tea and thinking about life. Next, let’s take a look at the current market trend.
Judging from the past two days, both Bitcoin and Ethereum have been hovering at the resistance level after rising and falling, and they have begun to fall again today. This does not seem to be a good phenomenon. Judging from the daily line, Bitcoin is safe if it does not break below 41,100 US dollars. If it does, the market will go short. At the time of writing, Bitcoin has reached 41,900 US dollars. The $43,000 level above is a strong pressure level. In recent days, both long and short positions have been liquidated. If the main players accumulate funds during the shock, there may be a big market trend.