【Han Dan's 126th Diary】

1. Recently, there's a trade with relatively high certainty—BREV. I did some research, waiting for the airdrop and holder-related selling pressure to subside. I planned to go long on a dip for a short-term play, with a high payoff ratio.

But I didn't do it. The 24-hour return was around 50%.

Do I regret it? Not at all—actually, I'm a bit happy.

Because several times when I picked up my trading phone to act, a voice asked me in that moment: Is this the right thing to do?

No, it isn't.

Because by choosing not to trade—despite the 99% certainty—I rejected the uncertainty of 'trading'.

We're surrounded by too many temptations. And these temptations often come from the 'short term'. But once we focus on the short term, the outcome is usually not good.

Start with the end in mind.

2. Today's Binance new token launch was based on a 5 million FDV. 26.4% circulating supply, with funding around 10 million.

I calculated it would likely yield at least 20x. I decided to participate immediately.

Although the final return was over 30x.

But. But. But. The oversubscription was 1200x, with individual participation amounts under 1.5u. Individual returns were around 35u—pretty average, really.