林克Clean

I have held Bitcoin for 10 years, and this Binance account is the same age as Binance itself. I registered in July 2017 when Binance launched. Today, I found a post from 2016 when I bought Bitcoin for over 524,649,986,103,000 RMB. At the end of that year, Trump was elected as the President of the United States for the first time, and the price of Bitcoin surged to over 7,000 RMB. I sold off more than half, making a profit of more than double. That was the time I sold the most Bitcoin. Low cost but unable to hold, the limitation of understanding is just the surface. The deeper reason is that Bitcoin has become a container for consuming imagination, carrying a future narrative far beyond my initial understanding.
Observing the Bitcoin whales around me, most of them earn Bitcoin through work. The cost is not the fiat currency used to buy it, but the realization of abilities and resources. Therefore, the cost of fiat currency is original sin, and anchoring prices is a mental demon. The best way is to make your abilities and value become mining machines, directly exchanging labor value for Bitcoin. Without buying points or selling points, one can traverse bulls and bears and stand firm in the torrent of time.

Better go back to the crypto world, the stock market next door is asking you to add margin

At 8 p.m. tonight, Yao Qian, a long-time friend in the crypto circle who was involved in corruption using cryptocurrencies,
will reveal details of the corruption in a special program on CCTV1 titled 'Technology Empowering Anti-Corruption'.
He is one of the few leaders who understands technology, supports blockchain, and embraces digital currencies.
When he was taken down, he was caught with a hardware wallet and transaction records, leading to a classification of his case as a bribery transaction involving cryptocurrencies.
No matter how secure your private keys may be, the iron fist of justice will force him to confess.
Yao Qian led the development of the central bank's digital yuan, yet he used Bitcoin and Ethereum for personal gain, demonstrating through actions which currency holds greater value.

Now it's really complete.

During the Spring Festival, not only are the elder generations who invest in precious metals making fun of us,

even relatives who play the A-share market can't resist kicking Crypto in the face.

"What's this so-called world computer of yours? Ethereum, right? How much has it gone up this year?"

"How about your Bitcoin? Are you actually making money?"

The crypto world seems to have returned to a decade ago.
In 2016, the market lacked hot topics, and zodiac-themed tokens became the mainstream narrative. As the Spring Festival approached, 'Monkey Token' surged dramatically, briefly becoming the center of attention.
A decade later, it's still Chinese-themed tokens with zodiac attributes: $I'm Here, $Success in Horse.
Monkey Token is a milestone in my memory, as it was followed by a furious bull market, Trump's election as president, and then a series of emerging trends over the next two years.
Now, a decade later, Trump is once again in power.
Can the market rhyme again and reignite the bull run?

"The market trends are right in front of you, yet you dare not jump in.
You keep hoping it crashes so you can get a new chance.
If you can't even understand the meal you're eating now, why do you think the next one will be a lavish feast just for you?"

May 6th, CZ replied to me, talking about his childhood
At the same time, he mentioned for the first time that he would write a book, at that time probably not even having a name
Several months have passed, the Chinese meme culture has fully gone viral, becoming a super consensus within the BNB ecosystem.
Today, CZ himself is stepping in, and the Chinese version of his memoir will most likely be titled 'Binance Life'.

Chen Zhi, the Bitcoin holder, has fallen, which has a significant impact on the crypto circle.

Huiwang Payment has already experienced large-scale runs, with U trading at a discount. Once Huiwang is taken over or liquidated, the crypto market will certainly face a contraction in liquidity.

Moreover, funds from the Prince system and Huiwang system are not limited to Bitcoin and Ethereum; some smaller cryptocurrencies will quickly lose value and may even become worthless.

Confiscating 15 billion USD worth of Bitcoin for the United States and stripping Chen Zhi of his Cambodian citizenship to bring him back to China can be considered a positive outcome for the crypto community.

After all, the U.S. might hold these $BTC as digital asset reserves instead of directly flooding the market.

Recall that when China cracked down on PlusToken and seized 190,000 BTC, they sold them directly from 2019 to 2020.

It's always retail investors who bear the negative selling pressure.

This time the pretentiousness is fresh, elegant, and refined, 💯

Funds have flowed back
Last week, the ETF for $BTC saw strong capital inflows, and it can be said that apart from $ETH, all mainstream crypto ETFs are in a state of net inflow 😂

Since 2015, the net inflow of crypto ETPs has reached hundreds of billions of dollars. If this year continues to expand
it could completely break the narrative of the four-year crypto cycle and shift to a sustained growth market led by institutions.

However, just based on the surge in the past couple of days, we can quietly murmur those two words—

"Bull Return"

Full-time cryptocurrency trading, hiring an assistant will make you richer.
Many people don't make money because they make too many unimportant small decisions.

Essentially, it's about freeing yourself from the drain of trivial matters in life.
Excessive decision-making can weaken your mental state and judgment.
Delegate trivial matters to an assistant, and focus your limited energy on the most important things, and your efficiency in making money will naturally increase.

Venezuela has the largest oil reserves in the world and approximately the 8th largest natural gas reserves.
Gold, iron ore, bauxite, and coal reserves are abundant, and forest area ranks high.
However, the GDP per capita ranks 130, making it the lowest in South America.
A good hand of cards played poorly, with severe hyperinflation; $USDT is the de facto currency in circulation locally.
Buying groceries, paying rent, salary disbursement, and merchant settlements are all done through Binance P2P transactions.
The populist dividend has been exhausted, and the public does not recognize this governance outcome.

The RMB has broken 7, and USDT has dropped to 6.84.
In the past year, holding 100,000 U means a loss of 40,000 RMB on paper.

As the Spring Festival approaches, I suggest not to withdraw funds unless necessary; freezing accounts aside, selling at a low point and holding a large amount of cash is unnecessary.

A country that is export-oriented does not have the foundation to dominate global currency tides,
let alone, this currency cannot be freely exchanged.

Externally, there is a narrative of appreciation,
but it's clear that we all feel the long-term reality of actual depreciation internally.

Musk indeed delivered, giving me 600 dollars in two weeks

Vida earned $1 million in the BROCCOLI714 incident today.
He said this review can teach others and also show off.
The fact is, it was too showy, very worth savoring.

The alarm for abnormal market conditions will 100% wake him up; this is New Year's Eve.
100%, converted to me, means a loud sound, I might need a while to understand what happened.
In this half-awake, half-dream state, I estimate I will only stay at the reaction level.
When the alarm goes off, my mind is blank, I just judge whether to buy or sell, and that’s it; by the time I calm down, the operation is probably already completed.
While Vida can wake up and assess the hacker's intentions,
Speculating on wash trading, pulling up spot prices and lifting contracts, and finally exiting the contracts.
This part is understandable, and then remain unemotional.
Seeing the hacker suddenly pull SOL without considering the cost, I immediately judge.
Desperate times call for desperate measures; the account may be partially restricted, and this wave needs to be wrapped up.
As a result, 3 minutes later, BROCCOLI directly collapsed.
This psychological resilience, deducing the final outcome is really impressive.

Opportunities are fleeting; after missing them, there's only the sound of slapping one's thigh.
Investing time in building a system early on is very necessary, and responding later makes it easier to seize opportunities.
Watching the market every day seems diligent, but in comparison, it feels a bit strategically lazy.

After tonight, a quarter of the 21st century will have passed.

Everyone give the teacher some attention, the recent macro content has been very useful, so much so that it's been moved to Zhihu.