For those brushing BR, remember to check if there are any transaction fee refunds, mosquito meat is also meat Switching BSC for incorrect underlying network $ETH
Look look look, it's been almost a month since I appeared
Una繁星
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Bought Pinduoduo, currently making about 4% profit
I just saw a report saying that Pinduoduo is going to layout instant delivery, so I quickly checked the data, after all, e-commerce platforms that dabble in logistics delivery have their gross profit margins inevitably slashed
Pinduoduo had 100 billion RMB in revenue last quarter, with a gross profit margin of over 50% Meituan had over 80 billion RMB in revenue last quarter, with a gross profit margin of 37% JD.com had 300 billion RMB in revenue last quarter, with a gross profit margin of 15%
I was shocked by JD.com's revenue, but why is JD.com getting poorer as it earns more? Behind the 300 billion revenue but only 15% gross profit margin 😂 I don’t understand, but I think the only explanation is probably the operating costs of self-built logistics. Now I’m worried about whether Pinduoduo's instant delivery will affect its stock price, but it seems that it won’t have too much impact for now; the initial setup is limited in product variety and relies on third-party logistics cooperation, which is a cautious early experiment.
There are two ways to earn points: 1. Account balance points, it is more cost-effective to control the account balance at 1000U+, so you can earn 2 points every day. 2. Transaction points: The total amount for the previous day's transactions will be settled on the same day. The transaction amount only counts for purchases, not sales, and there is no need to hold alpha coins. Currently, brushing BSC still rewards double points.
For example, if you earn 4096 points in one day, that counts as 13 points + 2 balance points, totaling 15 points per day, resulting in 225 points over 15 days. So remember to do the homework every day: earn points. There are also two ways to consume points: 1. Points expiration, points are valid for 15 days, meaning that points accumulated on the first day will be deducted on the 16th day.
1. First, let's get to the point, comprehensive judgment
1. Short-term: The combination of tariffs and tax cuts may lead to increased market volatility, especially as global trade uncertainty and inflation risks may overshadow the optimistic sentiments brought by tax cuts. U.S. stocks and cryptocurrencies may face a pullback, while a strong dollar and rising U.S. Treasury yields will further suppress risk assets.
2. Long-term: If the tax cut bill passes smoothly and stimulates economic growth, the U.S. market may gain support, but a global trade war could drag down the global economy and push up demand for safe-haven assets. Bitcoin may benefit from its safe-haven properties in the medium to long term, but caution is warranted regarding the risks of the Federal Reserve raising interest rates to combat inflation.
2. Impact on cryptocurrencies and risk assets
1. Short-term pressure: Market turmoil caused by tariffs and a strong dollar may pressure cryptocurrencies. Recent posts indicate that tariffs have led to a decline of about 13% in the total market value of cryptocurrencies, with significant fluctuations in Bitcoin prices. A strong dollar typically diminishes the attractiveness of risk assets like Bitcoin.
2. Long-term potential: Geopolitical and trade war uncertainties may enhance Bitcoin's 'digital gold' attributes. If inflation continues to rise, investors may turn to cryptocurrencies to hedge against the depreciation of fiat currencies.
3. Increased volatility: The cryptocurrency market is sensitive to macroeconomic indicators (such as inflation and interest rates). The Federal Reserve's dilemma between growth and anti-inflation measures may lead to price volatility. Bitcoin recently broke through $100,000, but sustained high volatility may limit its short-term upward momentum.
The Sino-US trade war has made new progress, but the road ahead is still long. The 90-day tariff "truce" seems to have given both sides a step down, temporarily avoiding further economic deterioration. Especially for China, facing the domestic real estate crisis, high youth unemployment and sluggish consumption, this agreement is like timely rain, which can give export companies a breather and inject some confidence into the market. On the US side, although Trump touted the "full restart" on social media, in fact, the tariff reduction and the temporary nature of the agreement show that this is more like a stopgap measure than a real breakthrough. The significance of this negotiation is more about "stopping the bleeding" rather than "curing the root cause". The root of the trade imbalance lies in the differences in the economic structure and policies of the two countries. 90 days may not be enough to resolve these deep-seated contradictions. Behind China's tough attitude and the United States' aggressiveness are the manifestations of domestic political and economic pressures. Beijing needs to maintain its image as a great power while coping with the domestic economic downturn; Washington must fulfill its promises to voters and show the results of its tough stance on China. The compromise between the two sides in Geneva is, to some extent, a victory for rationality and reality, but how far this compromise can go depends on the next consultations.
In the coming months, geopolitical interference, pressure from domestic public opinion, and uncertainty in the global economy may cause the negotiations to fluctuate again. If the two sides can truly focus on pragmatic cooperation during this 90-day window, such as clarifying rules and reducing subsidy disputes, they may be able to gain more stability for the global economy. But if the negotiation table is just a show, the problem will come back sooner or later. I hope this "truce" can be a turning point, rather than the beginning of another tug-of-war.
In order to earn Alpha points, choose 5 cryptocurrencies to buy every day. Every time the Binance wallet brings new Alpha points, you earned 2000u. When you open the Alpha section, the purchased cryptocurrencies lost 4000u. May I ask if I made a profit or a loss?
Old Friends' Night Talk: Trump's Tariffs and the 'Chinese-style Breakthrough'
Xiao Ming: Old Wang, it's been a month since Trump's 'Liberation Day' tariffs came into effect, how are the exporters doing? Are they completely confused? Old Wang: Not exactly. The tariffs are ridiculously high, and the policies change every few days. Exporters are experiencing 'two extremes': some are frantic, while others are as calm as if they are watching a play. Old Li from Henan relies 70% on business from the US, logistics costs are skyrocketing, should he invest in overseas warehouses? It's quite a dilemma. Xiao Ming: Haha, is the US market still attractive? Can we not survive without it? Old Wang: Attractive, but not obsessed. $440 billion in exports is a big deal, but the percentage has dropped from 19% to 14.7%. Boss Hu from Yiwu directly stated, 'US orders? I won’t feel sorry if I lose them! There are wealthy people in the Middle East and South America waiting in line.' Xiao Ming: Impressive. With such harsh tariffs, won't prices skyrocket? Old Wang: They did rise, SHEIN and Temu are gritting their teeth and raising prices, and Amazon tried to impose tariffs but was shot down by Trump. Walmart is worse; they wanted Chinese suppliers to take the blame, but the Ministry of Commerce gave them a glare, so they obediently made US buyers foot the bill. The Chinese supply chain is in the global spotlight; who dares not to use it? Xiao Ming: What clever moves are the exporters making? They can't just sit and wait, can they? Old Wang: Build factories in Vietnam? They want you to bring technology, not just be a 'middleman.' The markets in South America and Africa are booming, and Yiwu merchants are starting to learn Arabic and Spanish, preparing to 'cast a global net.' Tariffs are a pit, but Chinese companies have managed to turn that pit into a dance floor. Xiao Ming: Trump wants to 'choke' us, so how come China is getting stronger despite the setbacks? Old Wang: The marketplace is like a battlefield; bullets fly for a while, but there’s always a way to break through. Cheers to Chinese resilience; what are tariffs? Business continues as usual.