Binance Square

币圈福利哥

《教父》我用了一辈子学会了:小心
66 Following
15.1K+ Followers
4.3K+ Liked
992 Shared
Posts
PINNED
·
--
Bearish
< Celebrate together, Justin Sun chose to sell at 2921, how much is the floating loss? > In the past few days, the team has been keeping an eye on Justin Sun's wallet and found that after Justin Sun bought a large amount of Ethereum, he suffered a serious floating loss. The average price of Ethereum that he recently added to his position was 3205USDT, and the total amount of added positions was as high as 14145ETH. Last night, ETH ushered in a short-term historical low, falling below 3000USDT to 2921USDT. Justin Sun chose to sell at a loss and leave the market at this time, with a direct loss of 4017180USDT, equivalent to RMB 29566444, nearly 30 million RMB, enough to buy 30 Porsche Cayennes. If Justin Sun did not choose to increase his position, but used the 30 million to draw 30 Porsches in X and give them to 30 Twitter friends, do you think he can change his reputation from Sun🈹 to Sun Daddy?
< Celebrate together, Justin Sun chose to sell at 2921, how much is the floating loss? >

In the past few days, the team has been keeping an eye on Justin Sun's wallet and found that after Justin Sun bought a large amount of Ethereum, he suffered a serious floating loss. The average price of Ethereum that he recently added to his position was 3205USDT, and the total amount of added positions was as high as 14145ETH.

Last night, ETH ushered in a short-term historical low, falling below 3000USDT to 2921USDT. Justin Sun chose to sell at a loss and leave the market at this time, with a direct loss of 4017180USDT, equivalent to RMB 29566444, nearly 30 million RMB, enough to buy 30 Porsche Cayennes.

If Justin Sun did not choose to increase his position, but used the 30 million to draw 30 Porsches in X and give them to 30 Twitter friends, do you think he can change his reputation from Sun🈹 to Sun Daddy?
PINNED
< How to live in the cryptocurrency circle for a month with 8.4u > Waking up overnight, thousands of coins fell, and many people were wiped out overnight, especially the long army, more than 200,000 people were liquidated, looking at the account that was wiped out, only 8.4u of contract rebate was left. Don't underestimate this 8.4u, it is enough for you to live in the cryptocurrency circle for a month. First, buy a box of instant noodles online as a staple food, about 4.1u for 8 pounds, and then buy a bottle of instant noodle seasoning online, about 1.4u for 300 grams. The noodles and seasonings add up to less than 5.55u, which is enough for you to eat a month's staple food until you vomit. If you can't afford 5.55u, I can help you make up for it. Long-term vitamin deficiency can lead to various symptoms, so we can buy a 21-in-1 colorful vitamin, which contains vitamins ABCD, iron, copper, zinc, magnesium and various calcium. At this point, the instant noodle cakes provide you with sufficient carbohydrate intake, the instant noodle seasoning provides you with sufficient salt intake, and the 21-in-1 vitamins provide you with sufficient trace element intake. The total of these three products is less than 8.4u, which can meet your body's basic intake needs for an entire month, an average of less than 0.3u a day.
< How to live in the cryptocurrency circle for a month with 8.4u >

Waking up overnight, thousands of coins fell, and many people were wiped out overnight, especially the long army, more than 200,000 people were liquidated, looking at the account that was wiped out, only 8.4u of contract rebate was left. Don't underestimate this 8.4u, it is enough for you to live in the cryptocurrency circle for a month.

First, buy a box of instant noodles online as a staple food, about 4.1u for 8 pounds, and then buy a bottle of instant noodle seasoning online, about 1.4u for 300 grams. The noodles and seasonings add up to less than 5.55u, which is enough for you to eat a month's staple food until you vomit. If you can't afford 5.55u, I can help you make up for it.

Long-term vitamin deficiency can lead to various symptoms, so we can buy a 21-in-1 colorful vitamin, which contains vitamins ABCD, iron, copper, zinc, magnesium and various calcium.

At this point, the instant noodle cakes provide you with sufficient carbohydrate intake, the instant noodle seasoning provides you with sufficient salt intake, and the 21-in-1 vitamins provide you with sufficient trace element intake. The total of these three products is less than 8.4u, which can meet your body's basic intake needs for an entire month, an average of less than 0.3u a day.
In the past few days since returning from Hong Kong, I've been thinking about what coins to buy in a bear market? 1. The conservative approach is to accumulate Bitcoin on dips; we know that the big coin will eventually rise again. 2. The more advanced strategy is to stock up on platform coins from major exchanges; during dinner parties in Hong Kong, regardless of how small the exchange is, their bosses all want to promote their platform coins. 3. Old scam coins are off-limits; the new coins that performed strongly in this bull market, such as: $M, $AIA, $RIVER, $MYX, can still be held in small amounts, as they might make a comeback, especially since the odds are better. 4. The high-risk option is MEME coins; most that didn't reduce their holdings some time ago have returned to square one. Binance is now more cautious about the MEME channel on Alpha, and with the market entering a cold winter, it has led to a double dilemma for the liquidity and ceiling of MEME. Currently, I hold Caishen, Qianlong Wuyong, HODLAI, and other assets on BSC, among which Caishen is significant because the Lunar New Year is approaching, and there is a traditional custom of welcoming Caishen on the fourth day of the New Year.
In the past few days since returning from Hong Kong, I've been thinking about what coins to buy in a bear market?

1. The conservative approach is to accumulate Bitcoin on dips; we know that the big coin will eventually rise again.

2. The more advanced strategy is to stock up on platform coins from major exchanges; during dinner parties in Hong Kong, regardless of how small the exchange is, their bosses all want to promote their platform coins.

3. Old scam coins are off-limits; the new coins that performed strongly in this bull market, such as: $M, $AIA, $RIVER, $MYX, can still be held in small amounts, as they might make a comeback, especially since the odds are better.

4. The high-risk option is MEME coins; most that didn't reduce their holdings some time ago have returned to square one.

Binance is now more cautious about the MEME channel on Alpha, and with the market entering a cold winter, it has led to a double dilemma for the liquidity and ceiling of MEME.

Currently, I hold Caishen, Qianlong Wuyong, HODLAI, and other assets on BSC, among which Caishen is significant because the Lunar New Year is approaching, and there is a traditional custom of welcoming Caishen on the fourth day of the New Year.
This time coming to Hong Kong for a conference, I have a few experiences to share. 1. You need to learn English; the conference is filled with foreigners. I took 30 classes after returning from Singapore, and this time, the foreigners said I have made great progress. 2. You need to have good physical stamina; you should attend every event you can. Only then will it not be a wasted trip. You must push yourself to do things you are afraid of or don’t want to do in order to change your situation. 3. Prepare in advance; the Hong Kong Consensus Conference, Developer Conference, and Web3 Carnival all require tickets. Make sure to get your tickets for free in advance; buying them on-site costs $700. 4. When you are out, your identity is given by yourself. You need to learn to boast and package yourself; this is the essence of socializing. Don’t be like me, where I am just an i person everywhere.
This time coming to Hong Kong for a conference, I have a few experiences to share.

1. You need to learn English; the conference is filled with foreigners. I took 30 classes after returning from Singapore, and this time, the foreigners said I have made great progress.

2. You need to have good physical stamina; you should attend every event you can. Only then will it not be a wasted trip. You must push yourself to do things you are afraid of or don’t want to do in order to change your situation.

3. Prepare in advance; the Hong Kong Consensus Conference, Developer Conference, and Web3 Carnival all require tickets. Make sure to get your tickets for free in advance; buying them on-site costs $700.

4. When you are out, your identity is given by yourself. You need to learn to boast and package yourself; this is the essence of socializing. Don’t be like me, where I am just an i person everywhere.
Recharge a wave of faith from Brother Sun: If you believe that humanity has a future, then go buy gold. If you believe that human society is heading towards a virtual society, then go buy Bitcoin. If you believe that the Americans are the light of humanity, then go buy stocks of American tech companies. If you believe that China's future is promising, then buy stocks of those central enterprises. If you are optimistic about Sun Yuchen, then go buy HTX. It's that simple, seek the largest upside potential and hold for the long term.
Recharge a wave of faith from Brother Sun:

If you believe that humanity has a future, then go buy gold.

If you believe that human society is heading towards a virtual society, then go buy Bitcoin.

If you believe that the Americans are the light of humanity, then go buy stocks of American tech companies.

If you believe that China's future is promising, then buy stocks of those central enterprises.

If you are optimistic about Sun Yuchen, then go buy HTX.

It's that simple, seek the largest upside potential and hold for the long term.
Survival guide for the bear market, solving meals and accommodation for a day without spending money. Do not sleep on the streets, in parks, or under bridges; the airport is the best choice. The airport hall has free overnight areas, and also provides free hot water, wireless WiFi, and chargers. Just bring instant noodles and ham sausages to solve the dinner problem. In the morning, go directly to McDonald's at the airport. If there is a coffee cup on the table that someone has drunk from, just confidently take it to refill, and you can also request a different cup. By noon, you can casually find a hotel near the airport to take a shower because this is the peak check-out time, and many room doors are open. After closing the door, you can go in and take a hot shower. In the evening, you can go to a nearby Haidilao, where you can not only eat free snacks but also get lemon water from the waitstaff. After work in the evening, you can go to a nearby bakery; many foods that are about to expire, they will just throw away. After they throw them away, you can go directly to pack them up and take them away, thus enjoying a perfect day.
Survival guide for the bear market, solving meals and accommodation for a day without spending money.

Do not sleep on the streets, in parks, or under bridges; the airport is the best choice.

The airport hall has free overnight areas, and also provides free hot water, wireless WiFi, and chargers. Just bring instant noodles and ham sausages to solve the dinner problem.

In the morning, go directly to McDonald's at the airport. If there is a coffee cup on the table that someone has drunk from, just confidently take it to refill, and you can also request a different cup.

By noon, you can casually find a hotel near the airport to take a shower because this is the peak check-out time, and many room doors are open. After closing the door, you can go in and take a hot shower.

In the evening, you can go to a nearby Haidilao, where you can not only eat free snacks but also get lemon water from the waitstaff.

After work in the evening, you can go to a nearby bakery; many foods that are about to expire, they will just throw away. After they throw them away, you can go directly to pack them up and take them away, thus enjoying a perfect day.
During the New Year, you must not tell your relatives that you are in the cryptocurrency circle. Once your identity is exposed, a large number of people will immediately surround you. The first question is often: "You must have a lot of Bitcoin, right? Come on, let me see what Bitcoin looks like." In the last bull market, Bitcoin rose to 69,000, but the most heart-wrenching question from relatives and friends was: "Aren't you in the cryptocurrency circle? Why didn't you make a fortune in this bull market?" I can't answer this question. Just like when I tell my relatives that I am struggling in Shanghai, they naturally think of the flourishing Lujiazui, rather than the urban village in Baoshan where I live. The way out for ordinary people is not in Bitcoin, but in altcoins. But playing with altcoins, if you don't cut leeks, engage in conspiracies, or understand strategies, it can be said to be a life-and-death situation. By the end, being able to make ends meet is already extremely difficult, and wanting to stand out is probably harder than ascending to the heavens.
During the New Year, you must not tell your relatives that you are in the cryptocurrency circle.

Once your identity is exposed, a large number of people will immediately surround you. The first question is often:

"You must have a lot of Bitcoin, right? Come on, let me see what Bitcoin looks like."

In the last bull market, Bitcoin rose to 69,000, but the most heart-wrenching question from relatives and friends was: "Aren't you in the cryptocurrency circle? Why didn't you make a fortune in this bull market?"

I can't answer this question.

Just like when I tell my relatives that I am struggling in Shanghai, they naturally think of the flourishing Lujiazui, rather than the urban village in Baoshan where I live.

The way out for ordinary people is not in Bitcoin, but in altcoins.

But playing with altcoins, if you don't cut leeks, engage in conspiracies, or understand strategies, it can be said to be a life-and-death situation. By the end, being able to make ends meet is already extremely difficult, and wanting to stand out is probably harder than ascending to the heavens.
Young people just entering society, wanting to start from scratch and quickly earn their first bucket of gold, must learn to leverage opportunities. When I first entered the circle, I had no followers, and it was during the NFT craze when a quality whitelist could be sold for 1 ETH, but resources were concentrated in the hands of a few KOLs and institutions. At that time, there was a trend of mutual promotion among projects, and I played a clever trick: I told Project A that I knew B, and I told Project B that I knew A. As a result, both sides happily completed the mutual promotion, and I successfully obtained the whitelists from both. Afterwards, I was honest with both sides, and they didn't blame me; instead, they said it was a beautiful mistake.
Young people just entering society, wanting to start from scratch and quickly earn their first bucket of gold, must learn to leverage opportunities.

When I first entered the circle, I had no followers, and it was during the NFT craze when a quality whitelist could be sold for 1 ETH, but resources were concentrated in the hands of a few KOLs and institutions.

At that time, there was a trend of mutual promotion among projects, and I played a clever trick: I told Project A that I knew B, and I told Project B that I knew A.

As a result, both sides happily completed the mutual promotion, and I successfully obtained the whitelists from both.

Afterwards, I was honest with both sides, and they didn't blame me; instead, they said it was a beautiful mistake.
How many times can these five people shout for a coin at the same time?
How many times can these five people shout for a coin at the same time?
Three years ago, my dad fell ill, and that was the darkest moment of my life. Because of anxiety and confusion, I often found myself daydreaming on the subway, not even realizing when I missed my stop. At that time, I hadn't started being a KOL, and my Twitter account was just a no-follower personal account. In despair, I sent a private message to Sister Yi, and to my surprise, she actually replied. Can you imagine? The co-founder of the world's largest exchange replied to an insignificant retail investor. For her, empathizing with retail investors is her instinct; rooting in the community is her daily routine. Last year, @heyi mentioned tears in Space, precisely because she understands the struggles of retail investors so well that she stands up repeatedly during market panic. The so-called "market protection" is not just about protecting the coin price, but also the hopes of countless retail investors. Before Binance appeared, the crypto world was like a chaotic wilderness, and cutting leeks was brazenly justified. It was Sister Yi and @CZ who raised the industry threshold — from the 2017 "9.4" when even losing tens of millions had to refund users at the issue price, to later establishing the SAFU fund to safeguard user assets. What she redefined was not the listing criteria but the conscience of this industry. This circle is too realistic; it's easy to add icing on the cake, but difficult to provide timely help. When you're thriving, everyone comes to you; when you're in trouble, people kick you when you're down. But Sister Yi is different; she has an extraordinarily rare sense of inclusiveness. Even if you once attacked her due to misunderstanding, or were even locked in a "little black room," as long as you are willing to communicate, she is still willing to bring you back, listen to your voice, and might even pay attention to you. Sister Yi is probably the CEO of an exchange who pays the most attention to users. In these years of being a KOL, I have seen too many people and things. In my heart, Sister Yi is not only a big figure but also a ray of light I have seen during my darkest moments.
Three years ago, my dad fell ill, and that was the darkest moment of my life.

Because of anxiety and confusion, I often found myself daydreaming on the subway, not even realizing when I missed my stop. At that time, I hadn't started being a KOL, and my Twitter account was just a no-follower personal account.

In despair, I sent a private message to Sister Yi, and to my surprise, she actually replied.

Can you imagine? The co-founder of the world's largest exchange replied to an insignificant retail investor. For her, empathizing with retail investors is her instinct; rooting in the community is her daily routine.

Last year, @Yi He mentioned tears in Space, precisely because she understands the struggles of retail investors so well that she stands up repeatedly during market panic. The so-called "market protection" is not just about protecting the coin price, but also the hopes of countless retail investors.

Before Binance appeared, the crypto world was like a chaotic wilderness, and cutting leeks was brazenly justified.

It was Sister Yi and @CZ who raised the industry threshold — from the 2017 "9.4" when even losing tens of millions had to refund users at the issue price, to later establishing the SAFU fund to safeguard user assets. What she redefined was not the listing criteria but the conscience of this industry.

This circle is too realistic; it's easy to add icing on the cake, but difficult to provide timely help. When you're thriving, everyone comes to you; when you're in trouble, people kick you when you're down.

But Sister Yi is different; she has an extraordinarily rare sense of inclusiveness.

Even if you once attacked her due to misunderstanding, or were even locked in a "little black room," as long as you are willing to communicate, she is still willing to bring you back, listen to your voice, and might even pay attention to you. Sister Yi is probably the CEO of an exchange who pays the most attention to users.

In these years of being a KOL, I have seen too many people and things. In my heart, Sister Yi is not only a big figure but also a ray of light I have seen during my darkest moments.
How can a complete novice earn 10 million in one year on Binance Square? First, my positioning is as a complete novice, meaning I know nothing and have to learn everything from scratch. I will first open the Square, follow the top 100 KOLs, and send them private messages asking how they started from zero. Chatting with people who are more capable than you, definitely do not directly beg for favors. Even if someone is in a good mood and rewards you with 100 or 200, it won't solve the fundamental problem at hand. After clarifying how others started from zero, begin to explore the path that suits you. At first, without any capital, find ways to write long articles, sharing your insights; when you have nothing, your thoughts are the only treasure with appreciation potential, and it will appreciate faster as you write more. Be a bit more diligent and sweet-tongued, start by complimenting others to attract more influential people to pay attention to you. Attend offline conferences; every February and March, Hong Kong holds blockchain carnivals and developer conferences, where crypto practitioners and KOLs from around the world gather. You can both learn and connect with some project parties, which actually have many business opportunities. When attending conferences, listen to how others write content. By learning from them, try to write some valuable content for others. A simple example is writing a step-by-step guide for an airdrop; if you write a comprehensive one, many people will bookmark it after seeing it. When you have written for a full year, 365 days, your followers will have at least reached 10,000. At that time, you can consider striving for whitelist access and your own collaboration fees for your followers. In the continuous process of learning from others, learn how to earn compound interest, letting your money make money, avoiding contracts, and not buying Meme coins with large positions. The first lesson in life is to learn to hold on, to persist with the spirit of the foolish old man moving mountains, and to help each person you meet on Twitter with a selfless spirit. If you put your fans on the Square in your heart, they will hold you high; at that time, another top influencer is about to emerge.
How can a complete novice earn 10 million in one year on Binance Square?

First, my positioning is as a complete novice, meaning I know nothing and have to learn everything from scratch.

I will first open the Square, follow the top 100 KOLs, and send them private messages asking how they started from zero.

Chatting with people who are more capable than you, definitely do not directly beg for favors. Even if someone is in a good mood and rewards you with 100 or 200, it won't solve the fundamental problem at hand.

After clarifying how others started from zero, begin to explore the path that suits you.

At first, without any capital, find ways to write long articles, sharing your insights; when you have nothing, your thoughts are the only treasure with appreciation potential, and it will appreciate faster as you write more.

Be a bit more diligent and sweet-tongued, start by complimenting others to attract more influential people to pay attention to you.

Attend offline conferences; every February and March, Hong Kong holds blockchain carnivals and developer conferences, where crypto practitioners and KOLs from around the world gather. You can both learn and connect with some project parties, which actually have many business opportunities.

When attending conferences, listen to how others write content. By learning from them, try to write some valuable content for others. A simple example is writing a step-by-step guide for an airdrop; if you write a comprehensive one, many people will bookmark it after seeing it.

When you have written for a full year, 365 days, your followers will have at least reached 10,000. At that time, you can consider striving for whitelist access and your own collaboration fees for your followers.

In the continuous process of learning from others, learn how to earn compound interest, letting your money make money, avoiding contracts, and not buying Meme coins with large positions.

The first lesson in life is to learn to hold on, to persist with the spirit of the foolish old man moving mountains, and to help each person you meet on Twitter with a selfless spirit.

If you put your fans on the Square in your heart, they will hold you high; at that time, another top influencer is about to emerge.
Yesterday I met an OG from the crypto world who bought BTC in 2014 and has held it until now, semi-retired for many years. He asked me what people in the crypto world have been playing with these past two years? I talked about the BTC ecosystem, meme coins, RWA to PayFi, AI to x402, Perp DEX to prediction markets, covering all the hot tracks in the crypto world. After I finished speaking, the big shot sighed: I really envy you poor folks, although you haven’t made much money, you really understand a lot! This is the curse of knowledge: knowing a lot often means "not being able to hold on to it." Why do poor folks understand a lot? Because they are poor, they want to turn their fate around, so they want to seize every hundredfold opportunity. Why does knowing a lot instead result in not making big money? Because "knowing" is the enemy of "faith."
Yesterday I met an OG from the crypto world who bought BTC in 2014 and has held it until now, semi-retired for many years. He asked me what people in the crypto world have been playing with these past two years?

I talked about the BTC ecosystem, meme coins, RWA to PayFi, AI to x402, Perp DEX to prediction markets, covering all the hot tracks in the crypto world.

After I finished speaking, the big shot sighed: I really envy you poor folks, although you haven’t made much money, you really understand a lot!

This is the curse of knowledge: knowing a lot often means "not being able to hold on to it."

Why do poor folks understand a lot? Because they are poor, they want to turn their fate around, so they want to seize every hundredfold opportunity.

Why does knowing a lot instead result in not making big money? Because "knowing" is the enemy of "faith."
Article
O Captain! My Captain!”(船长,我的船长!)This picture captures the end of the crazy and surreal 'Year of the Meme' in 2025. We will turn back time to the starting point. At that time, the 'Binance Life' academy was filled with rigor and coldness. What was written on the blackboard were 'K-line', 'compliance', 'infrastructure'. CZ, who was once the lofty principal Nolan, was the serious night watchman. He wore a suit, and his gaze was sharp like a hawk, maintaining a polite yet distant demeanor towards students in the corners drawing frogs and dog heads, who only shouted 'To Da Moon'. 'Meme is a bubble; we only focus on building.' This has been his creed for the past decade.

O Captain! My Captain!”(船长,我的船长!)

This picture captures the end of the crazy and surreal 'Year of the Meme' in 2025.
We will turn back time to the starting point.
At that time, the 'Binance Life' academy was filled with rigor and coldness. What was written on the blackboard were 'K-line', 'compliance', 'infrastructure'.
CZ, who was once the lofty principal Nolan, was the serious night watchman. He wore a suit, and his gaze was sharp like a hawk, maintaining a polite yet distant demeanor towards students in the corners drawing frogs and dog heads, who only shouted 'To Da Moon'.
'Meme is a bubble; we only focus on building.' This has been his creed for the past decade.
I previously posted two videos on Twitter that each surpassed 200,000 views, all thanks to an exceptionally talented editor. For the past six months, he's been unreachable, and his social media feed has gone silent. It wasn't until today, after contacting a mutual friend, that I learned he had passed away. In hindsight, there were signs. He constantly overexerted himself—working during the day, gaming all night, and sleeping only about three hours a day. I often told him: 'You're still young, but if you keep this up, you'll be 70 years old in body by the time you're 30.' Even though I'm a '90s generation individual, I now feel anxious just staying up a little late. Honestly, going to bed at midnight and waking up at 7 a.m. yields far better quality than staying up until 2 a.m. and sleeping until 10 a.m. You can see the difference in your complexion just by looking in the mirror. Many people say opportunities in the crypto world are dwindling. I don't agree. As long as you're still at the table, opportunities will always exist. The key is having a good body.
I previously posted two videos on Twitter that each surpassed 200,000 views, all thanks to an exceptionally talented editor.

For the past six months, he's been unreachable, and his social media feed has gone silent. It wasn't until today, after contacting a mutual friend, that I learned he had passed away.

In hindsight, there were signs. He constantly overexerted himself—working during the day, gaming all night, and sleeping only about three hours a day.

I often told him: 'You're still young, but if you keep this up, you'll be 70 years old in body by the time you're 30.'

Even though I'm a '90s generation individual, I now feel anxious just staying up a little late. Honestly, going to bed at midnight and waking up at 7 a.m. yields far better quality than staying up until 2 a.m. and sleeping until 10 a.m. You can see the difference in your complexion just by looking in the mirror.

Many people say opportunities in the crypto world are dwindling. I don't agree. As long as you're still at the table, opportunities will always exist. The key is having a good body.
User: Uncle, when will our community's coin be listed on Alpha? @CZ : I know, I know, yours first, then yours, I remember it all.
User: Uncle, when will our community's coin be listed on Alpha?

@CZ : I know, I know, yours first, then yours, I remember it all.
The front part went to Shanghai and Singapore, and during spending, I realized it's really easy to make money in these two places. First, Shanghai: I visited a bathhouse where people were packed shoulder to shoulder. When drying off, the distance between people was no more than 0.5 meters—honestly, it was quite awkward. Thinking about my hometown's bathhouse, the two largest chain stores in the city had to merge due to poor business. The place was nearly empty, and the owner was constantly losing money. Then Singapore: I went out to eat and found that Green Tea Restaurant actually had a queue. When I tried to get a number, the server directly told me that today's numbers were all taken—come back early tomorrow if you want to eat. Keep in mind, Green Tea Restaurant in our city's YinTai mall usually has hardly any customers. As far as I remember, besides Haidilao, I rarely need to queue for Chinese food—there are just too many alternatives: Youth Commune, Jinjiamen, Jiuwu Jingcai, etc. There are simply too many Chinese restaurants in shopping malls, making it extremely competitive. Sometimes, it's not that your food isn't delicious—it's just that you might have opened in the wrong place. The same applies to trading: choosing the right path is always more important than hard work. People who focused on Perp Dex this year, or those who focused on the MEME sector last year, have both achieved significant results. In contrast, those who stubbornly stuck to the secondary market may find it difficult to make major gains this year. Finally, I'd like to end with Charlie Munger's words: The first rule of fishing is to go where the fish are.
The front part went to Shanghai and Singapore, and during spending, I realized it's really easy to make money in these two places.

First, Shanghai: I visited a bathhouse where people were packed shoulder to shoulder. When drying off, the distance between people was no more than 0.5 meters—honestly, it was quite awkward.

Thinking about my hometown's bathhouse, the two largest chain stores in the city had to merge due to poor business. The place was nearly empty, and the owner was constantly losing money.

Then Singapore: I went out to eat and found that Green Tea Restaurant actually had a queue. When I tried to get a number, the server directly told me that today's numbers were all taken—come back early tomorrow if you want to eat.

Keep in mind, Green Tea Restaurant in our city's YinTai mall usually has hardly any customers. As far as I remember, besides Haidilao, I rarely need to queue for Chinese food—there are just too many alternatives: Youth Commune, Jinjiamen, Jiuwu Jingcai, etc. There are simply too many Chinese restaurants in shopping malls, making it extremely competitive.

Sometimes, it's not that your food isn't delicious—it's just that you might have opened in the wrong place.

The same applies to trading: choosing the right path is always more important than hard work. People who focused on Perp Dex this year, or those who focused on the MEME sector last year, have both achieved significant results. In contrast, those who stubbornly stuck to the secondary market may find it difficult to make major gains this year.

Finally, I'd like to end with Charlie Munger's words: The first rule of fishing is to go where the fish are.
Small victories rely on intelligence, great victories rely on virtueDuan Yongping's insight: Why do the more 'honest' people tend to win in the end? His wisdom is not exclusive to 'big shots', but rather serves as a 'pitfall avoidance guide' tailored for ordinary people. Those seemingly 'clumsy' persistence are precisely the shortest path through the fog of life. Duan Yongping said: 'Doing the right things is a matter of values, while doing things right is a matter of ability.' The former determines life and death, while the latter determines speed. What does it mean to 'do the right thing'? These 5 underlying logics can simply be copied by ordinary people: 1. Principles are more valuable than interests: 'Being honest' is the ultimate 'traffic password'.

Small victories rely on intelligence, great victories rely on virtue

Duan Yongping's insight: Why do the more 'honest' people tend to win in the end?

His wisdom is not exclusive to 'big shots', but rather serves as a 'pitfall avoidance guide' tailored for ordinary people.

Those seemingly 'clumsy' persistence are precisely the shortest path through the fog of life.

Duan Yongping said: 'Doing the right things is a matter of values, while doing things right is a matter of ability.' The former determines life and death, while the latter determines speed.

What does it mean to 'do the right thing'? These 5 underlying logics can simply be copied by ordinary people:

1. Principles are more valuable than interests: 'Being honest' is the ultimate 'traffic password'.
Bill Gates holds two "Thinking Weeks" each year. One person runs to a small cabin in the countryside, cuts off all external contact, and does one thing—deep thinking. Many of Microsoft's major strategic decisions were born in this kind of "idleness." The top billionaires understand the importance of leaving blank spaces even more. Elon Musk once said, "Don't chase money, chase valuable skills. When you have valuable skills, money will chase you." Ability is the true wealth. Money earned by luck will be lost due to insufficient strength. Only money earned through ability can be continuously retained. Just like in a game, what truly matters is not the gold coins, but your level, skills, and equipment. Gold coins can be spent, but ability will always follow you. Warren Buffett, when talking about investing in oneself, said, "The best investment is in yourself. No one can take away your ability, and no one can tax it." Ability is your lifelong moat. Once you have the ability to make money, no matter how the external environment changes, you can always make a comeback.
Bill Gates holds two "Thinking Weeks" each year.

One person runs to a small cabin in the countryside, cuts off all external contact, and does one thing—deep thinking.

Many of Microsoft's major strategic decisions were born in this kind of "idleness."

The top billionaires understand the importance of leaving blank spaces even more.

Elon Musk once said, "Don't chase money, chase valuable skills. When you have valuable skills, money will chase you."

Ability is the true wealth.

Money earned by luck will be lost due to insufficient strength. Only money earned through ability can be continuously retained. Just like in a game, what truly matters is not the gold coins, but your level, skills, and equipment. Gold coins can be spent, but ability will always follow you.

Warren Buffett, when talking about investing in oneself, said, "The best investment is in yourself. No one can take away your ability, and no one can tax it." Ability is your lifelong moat. Once you have the ability to make money, no matter how the external environment changes, you can always make a comeback.
What is the essence of making money? There are only 4 types of professions in the world: 1. Prostitute 2. Robber 3. Thief 4. Swindler • A prostitute is someone who the client voluntarily pays • A robber is someone who the client does not voluntarily pay • A thief is someone who the client does not know they have paid • A swindler is someone who the client thinks they have voluntarily paid From this, it can be concluded: the client is the only person who cannot make money.
What is the essence of making money?

There are only 4 types of professions in the world:
1. Prostitute
2. Robber
3. Thief
4. Swindler

• A prostitute is someone who the client voluntarily pays
• A robber is someone who the client does not voluntarily pay
• A thief is someone who the client does not know they have paid
• A swindler is someone who the client thinks they have voluntarily paid

From this, it can be concluded: the client is the only person who cannot make money.
This is reality. Mouth-lifting is the trend this year, but many people who invested in cryptocurrencies through mouth-lifting didn't sell, and now they have become worthless junk. The cryptocurrency that sparked the mouth-lifting craze, $NEWT, dropped from 0.8U to 0.1U, $Mira fell from 2.3U to 0.15U, and has even decreased by more than ten times. Not to mention the recent ones, let's talk about something further away, the favorite of countless airdrop enthusiasts, $STRK, has already dropped from 7.7U to 0.1U, a full 70 times decline. Cash is king; only when you are out of money can you truly feel this pain. I once knew a lady who was into airdrop investments; she never looked at prices when selling coins, she would sell 90% the first time she received an airdrop. She said she had to support her family, and people need to learn to be content; as long as there is income, surviving will always motivate her to continue investing. The remaining 10% is just a donation to the project; she will only consider selling when the price rises absurdly. BTC and BNB have cycles, but altcoins do not; the vast majority of altcoins are one-time deals. People need to learn to be content and happy.
This is reality.

Mouth-lifting is the trend this year, but many people who invested in cryptocurrencies through mouth-lifting didn't sell, and now they have become worthless junk.

The cryptocurrency that sparked the mouth-lifting craze, $NEWT, dropped from 0.8U to 0.1U, $Mira fell from 2.3U to 0.15U, and has even decreased by more than ten times.

Not to mention the recent ones, let's talk about something further away, the favorite of countless airdrop enthusiasts, $STRK, has already dropped from 7.7U to 0.1U, a full 70 times decline.

Cash is king; only when you are out of money can you truly feel this pain.

I once knew a lady who was into airdrop investments; she never looked at prices when selling coins, she would sell 90% the first time she received an airdrop.

She said she had to support her family, and people need to learn to be content; as long as there is income, surviving will always motivate her to continue investing.

The remaining 10% is just a donation to the project; she will only consider selling when the price rises absurdly.

BTC and BNB have cycles, but altcoins do not; the vast majority of altcoins are one-time deals. People need to learn to be content and happy.
Login to explore more contents
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs