If you have already earned an 'enough' amount of assets for yourself in the crypto world, how would you continue to invest?
This varies from person to person; some bet heavily on contracts, only to see their numbers go to zero, while others only engage in projects that are about taking advantage of the market, and some simply do contract trading, earning hundreds of thousands to millions of dollars, or even a slightly larger small target.
But what I want to say is that many people might be very surprised by the real answer to this question.
You can see from Tether's recent movements—they are frantically increasing their holdings in gold and investing in gold mines. Nowadays, Bitcoin, gold, and U.S. Treasury bonds have become their core reserve assets.
From the perspective of an ordinary person's wealth path, once assets reach a certain scale, everyone's investment style almost invariably changes.
The most typical example is real estate; many well-known project parties or founders have bought luxury homes after cashing out. The first people I think of are SBF, the founder of CRV, and a bunch of other names you’d recognize.
In addition, the U.S. stock market is also the most popular destination. Due to the clear long-term bull market effect, more and more people are willing to allocate to U.S. stock index funds or buy ETFs like Q that track U.S. stock trends.
From the perspective of crypto enthusiasts, this seems a bit like 'betrayal':
Since we believe that cryptocurrencies will revolutionize traditional finance, why do people embrace traditional assets after making money?
But reality is as cruel as it is real—
Most people tend to opt for more stable, less volatile, and more relaxed asset allocation after achieving their phased wealth goals. This is understandable.
And since everyone is doing this, there must be some logic behind it:
The larger the assets, the more stability is required; the more stable, the longer one can survive.
Therefore, when you truly accumulate enough wealth, I think it’s only logical to diversify your allocations.
Finally, let’s talk about the notice that’s been making waves these days:
We will further strengthen our crackdown on financial activities related to cryptocurrencies.
Currently, the price reaction is minimal, but we will need to see the strength of specific policy implementation moving forward.
It is certain that in the coming months, it will become harder to deposit funds, and the entry threshold will be significantly raised, making major market movements relatively difficult to occur.
However, to be fair, in today's cryptocurrency circle, there was never any expectation that our funds could make a significant impact.
The market's ability to reach this scale today mainly relies on liquidity that is no longer coming from us.
