Crypto好奇心玩家

The cryptocurrency industry has always advocated for transparency, but in fact, many things are not transparent. The flash crash of $OM will once again exacerbate investors' distrust in the cryptocurrency market, which is a huge blow to the entire crypto market. When investors realize that altcoins have no value, or that the altcoins they bought can drop by 90% overnight, one must ask, who will still have confidence in this market? #om $OM

The significant decline in global stock markets and cryptocurrencies this time is largely due to the global investment panic caused by Trump's tariff policy. Many individual investors have lost money as a result. Interestingly, these individual investors may not be fully aware of what Trump's tariff policy actually is and what impact it has on the global market. Becoming panicked due to spreading panic is not a skill that should be possessed in investing. #美国加征关税 $BTC

At that time, based on the internal data analysis and deductions, the decision was made to stay out of the market and rest. This avoided the spread of panic emotions, allowing for continued observation. #加密市场回调 $BTC

Previously, an assessment was made of this cycle, and the recent panic sell-offs have been avoided. Not much to say, I wish everyone can make money and prosper. #加密市场回调 $BTC

To put it bluntly, the landscape of blockchain is shrinking, or rather, blockchain is originally an innovative new form of finance, but people insist on assigning it more missions, wanting to overthrow Web2. Whether it's called crypto or Web3, pragmatically speaking, it must either help people make money or truly improve or replace certain values of traditional Web2. Both ends are out of tune; at most, blockchain is just a branch of the financial industry. #区块链 $BTC

In 2020-2021, many friends around me who worked in large companies or held mid-to-senior positions in other industries would ask me what Web3 is. In 2024-2025, no one asks me what Web3 is, but more and more people are asking me whether #BTC is worth buying and when to buy it.

The decreasing mention of the term Web3 indicates that the ideal of replacing traditional internet with blockchain is gradually drifting away, or in other words, mass adoption is in a state of shock (I prefer not to say it's dead). At least that's the case at this stage. #Web3 $BTC

The market is currently a bear market for altcoins, but it cannot yet be concluded that it is a bear market for Bitcoin. At this time, it is a good choice to stay in cash and patiently wait for opportunities. #美国加征关税 $BTC

Due to the tariffs imposed by the Trump administration, the price of Bitcoin has experienced a significant decline. In the context of global macroeconomic uncertainty, the short-term price of BTC will continue to face volatility. I believe that for investors, now is the time to hold onto cash and look for good opportunities to buy Bitcoin rather than investing in altcoins. In the crypto industry, such investments should be made: when the market is good, the likelihood of price increases is high; when the market is bad, the price decline should be low, and Bitcoin meets these conditions. #TrumpTariffs $BTC

Regarding #memecoin (including AI Agent coin), I must admit that I am a staunch bear. I have held this view since last year. I believe that most memecoins will go to zero. The core reason is: the issuance of memecoins is falsely touted as egalitarian, but it drains a large amount of liquidity. When one memecoin rises, others become inactive, leading to a decline in all memecoins.

Another reason is, what value does memecoin have? If self-entertainment is considered value, then I think this is a form of self-deception. Of course, I believe there is one undeniable value of memecoins, which is the thrill of gambling, with the cost being the money in your pocket. Most people stuck with memecoins ultimately choose to lie flat and play dead. The hope that exists psychologically is like the price of memecoins, sliding towards zero. #meme

The way this drops happens every day in the market, with different sources of joy and sorrow. Who should bear the main responsibility? Neither the exchange nor the market makers will admit it is their responsibility. 82207201032

If this is true, it will have a serious impact on the price of ETH, not just the price of ETH, but the entire cryptocurrency market as well. It can be felt that many investors are dissatisfied with ETH now, but rumors about delisting ETH should not occur. $ETH #eth

Is there still hope for altcoins? Look at the performance of Ethereum. As the public chain with the most altcoin ecosystems, if ETH continues to remain weak, then altcoins won’t see much improvement, at best just a rebound, and it may not be significant. What can drive the price of ETH up now? It seems the market has a feeling of lamenting its misfortune and being angry at its lack of struggle towards Ethereum. #Ethereum✅ $ETH

Is decentralization and centralization important for stablecoins?

Although decentralization is a native characteristic of blockchain, in terms of practical results, I don't think it's necessarily that important for stablecoins, or rather, it's difficult for the market value of decentralized stablecoins to surpass that of centralized stablecoins. If the Trump administration's stablecoin bill goes into effect, it will likely strengthen the attribute of "dollar-backed stablecoin." Now that crypto is increasingly being incorporated into traditional finance, it is impossible to avoid regulation; the question is merely what form the regulation will take and how stringent it will be. #stablecoin $BTC $USDC

This is why many friends ask me to recommend Meme coins, but I always advise against it. If Meme is pure gambling, then please do not be a victim. I have also been saying that memes should be given positive externalities. For example, if there could be a moodeng foundation dedicated to rescuing animals with weak survival abilities, the value of moodeng would not be just simple gambling.
#meme板块关注热点 $BTC

Too hot to pay attention to, focus on steady earning #币安合约将上线JELLYJELLY

In the cryptocurrency industry, #Strategy is a very unique company—abandoning its core business to become a fully-fledged Bitcoin company. Currently, the company holds approximately 506,137 BTC, with a total investment of about $33.7 billion and an average purchase cost of $66,384 per coin. There have been many interpretive articles discussing the strategy of purchasing Bitcoin through the issuance of convertible bonds.

Convertible bonds are essentially debt instruments that require the repayment of principal and interest upon maturity, although some of the company's convertible bonds are zero-coupon bonds, requiring only the repayment of principal. If the company lacks sufficient cash flow or the value of Bitcoin is insufficient to cover the debt at maturity, it may face default risk.

Strategy's approach is clearly a high-risk, high-reward play. Of course, a very important core premise is that the BTC price will rise over the long term. In this process, Strategy needs to address three issues:

1⃣ Smooth out the high volatility of Bitcoin prices to avoid threats to the balance sheet from high price fluctuations. The best way is to lobby large institutions, big companies, and sovereign government entities to purchase Bitcoin to reduce BTC volatility. This makes it easy to understand why founder Michael Saylor works so hard to persuade big companies and institutions to buy Bitcoin. Moving forward, he will continue to do this tirelessly. It is only safe when everyone is in the same boat; when one thrives, all thrive; when one suffers, all suffer.

2⃣ Actively lobby the government to relax or introduce favorable regulations or bills for the cryptocurrency industry. Fortunately, there will be a four-year term under Trump ahead, and currently, Trump holds a positive stance toward the cryptocurrency industry. For Michael Saylor, the next four years are about building good relationships with the government and expanding his circle of allies. This is the core strategic goal.

3⃣ Finally, there is hope that the Federal Reserve does not suddenly tighten liquidity, but this is the highest uncertainty; we can only hope that no black swan events occur.

Regardless, in the coming years, the price trend of BTC will certainly be an observation object that needs to be taken seriously by Strategy.

How to Become a Qualified Cryptocurrency Investor?

Learning from excellent investors in the market is one path. For example, I have always admired Buffett's investment style, including his emphasis on patience, not making mistakes, finding value anchor points to assess the relationship between value and price, not participating in what you don't understand, and the logic of compound investment—this also explains why simply holding BTC in the crypto market can outperform 90% of investors.

The crypto market has many who make mistakes due to its volatility; as long as you don't make mistakes, you can outperform the returns of the vast majority. Whether it's stock trading or coin trading, it’s essentially the same principle. It seems simple, but knowing is easy, doing is hard. If you achieve that, you are a qualified investor. #BTC走势分析 $BTC $ETH

#加密投资记录

Investment is a simple matter.

Investment formula: principal * rate of return.

Investment is to make money, it is the art of adding 0 after 1, but anything that loses money is not investment.

At different stages, the demand for investment is also different. When the principal is not large, investment is to pursue high returns; when the principal is large enough, investment is to pursue the maximum return of capital returns in a balanced risk-return strategy.

The problem is often in the pursuit of high returns. Being too eager for success often does not make money. #币安投票上币 $BTC $ETH

Recently, the altcoin market has seen some rebound, which has filled the market with expectations for altcoins.

How should I put it, whether it's stock trading or cryptocurrency trading, people always seem to make the same mistakes. Holding a bunch of junk stocks or junk coins while suffering unrealized losses, they hope that one day they can bounce back to break even or even make a profit. Unfortunately, these junk stocks or coins continuously expand their unrealized losses amidst hope; the greater the unrealized loss, the harder it is to let go, resulting in increasingly larger losses. It is important to know that in both stock trading and cryptocurrency trading, most of the price increases come from leading varieties that have strong consensus or high recognition, rather than from inferior investment products. What is cheap can become cheaper, and the rich can become richer. Investing in leading products is an unbreakable truth, especially in the crypto market. #山寨季何时到来？ $BTC $ETH

Recently, I have looked at some newly launched stablecoin DeFi protocols, which fundamentally earn lending, LP profits, and re-staking rewards by connecting with other DeFi protocols. Additionally, they obtain project airdrop points. The APY is generally below 10% (affected by the current market conditions). Besides the ever-compounding yields, how else can DeFi innovate? 🧐👀#defi $BTC