Stop grinding aimlessly! Munger says: when it comes to success, being smart isn't that crucial; 'not being foolish' is the hard truth.
After finishing (Poor Charlie's Almanack), my biggest takeaway is this: avoiding the 25 pitfalls in your head is a hundred times more effective than chasing trends or analyzing financial reports. The failures of most of us are not due to insufficient effort, but rather because our brains come with a factory setting that's a real trap. Today, no fluff, let's dive straight into these 25 'brain viruses'. I recommend memorizing the whole piece; if you can't, bookmark this: 👇 🧠 Munger's 25 Types of Human Misjudgment: How is your brain selling you out? 📍 Group One: Interests and Instincts (these are the base colors of survival and also the root of all evil)
It's a bummer that Fast Connect VPN, which has been super popular with users from the mainland, just announced it's pulling out of the China market. No more Fast Connect for us. But it seems like they’re not ghosting; they’ve set up a refund process: ① Open the Fast Connect App (on your phone or computer) and hit up customer service
② Once you're in the chat, click on the refund process
③ Fill in your communication email (no need to link it)
④ Copy your LetsVPN ID (found at the top left of the App)
⑤ If you paid via Alipay, click on Alipay, check your transaction history for "LETSGO", find the right transaction, open it, and copy the merchant order number to fill in. Follow the prompts for other payment methods.
About 118 million tokens, $ASTER , will be unlocked and available for claiming today at 20:00 Beijing time (100% unlocked), worth around $75M. I wonder if this selling pressure can hold up!!
‼️Important news: Circle Ventures (the venture capital arm of USDC) announces a strategic buy of $AAVE tokens to support the AAVE ecosystem! Personally, I think this is a significant bullish signal. In the short term, we might not see much of a pump, but it clearly shows the strong commitment from the big players to rescue the AAVE ecosystem. Sun also announced a $20 million deposit to support liquidity in the ecosystem. Surely, more whales will join in soon, so let's keep an eye on this.
The narrative around the ETH chain feels pretty straightforward right now, mainly a few coins related to Old Horse worth keeping an eye on: $ASTEROID $FLORK $KEKIUS. The rest are mostly side projects and digging up old stuff. A lot of folks are pulling out ancient MEME coins from five or six years ago that were worth a few thousand market cap and suddenly pumping them to millions, which is just insane.
The drama around $AAVE will blow over soon, and here are three reasons why:
1️⃣ 1.23 billion in bad debts has been mitigated since ARB froze 70 million from hackers (likely to be returned to KELP DAO), leaving just 160 million;
2️⃣ AAVE has set up a donation wallet, and a number of whales have contributed, with many retail traders chipping in as well (plenty of small-time traders donated a few bucks), and currently, total fundraising has surpassed 160 million (including pledged but unrealized contributions), which is enough to cover the losses;
3️⃣ $AAVE is a cornerstone of DEFI, its role is crucial for the whole crypto space, so many big players won’t let it fail—at least not now. That's why numerous projects and whales are actively stepping in to rescue it, helping to restore confidence.
💴 Major contributors to this donation: Mantle: 30,000 ETH Aave DAO: 25,000 ETH Stani Kulechov: 5,000 ETH EtherFi: 5,000 ETH Lido: 2,500 ETH Golem Foundation + Project: 1,000 ETH Emilio Frangella: 500 ETH BGD Labs + Ernesto: 350 ETH
🔸 Additionally, many retail traders are speculating that the donors might receive some airdrops in the future, which is why there’s been a surge of smaller donations in the range of a few dollars.
The top holder of $ASTEROID on the ETH chain (0xf280b16ef293d8e534e370794ef26bf312694126) just upped their bag, scooping up 1.7 billion tokens (worth about $460k) in the last 7 hours. They now hold a total of 8.3 billion $ASTEROID (representing 1.99% of the total supply, valued at $2.28M). I'm wondering if I should ape in. 🤔
Previously, this token took a nosedive due to a so-called OG dump (0xaff2565091e7207191dbe340b8528d02fa78d044), but it's still the top dog.
【Get Freebies】Trade $500 worth of $CHIP spot and score a reward of $4 to $24 (value fluctuates with the coin price)
How to Participate: Find the trading event for $CHIP in the Binance announcement, then click to join. Buy and sell $255 each to complete, but be cautious during wild price swings to avoid getting rekt.
The rewards might not be huge, but there's nearly zero risk, so why not take the shot!
Congratulations $ASTEROID on completing an outstanding washout!
The reason is that today the little girl's mother @rebeccaperrotto received the fee for that ASTEROID from the SOL chain diversion, yes, it's that professional diversion master (born) BAGS plate.
It's understandable to take the money, but then she unfollowed the ETH chain's ASTEROID CTO official account, which led to a crash and a surge.
But unexpectedly, this time the ETH big holders were incredibly resolute, using this washout to achieve a new high feat! The noble chain is amazing!
Playing on the BSC chain with hundreds of K in market value is nerve-wracking, and the SOL chain can also show you a vertical cut at any time, but the dirt dog on the ETH chain, with a market value of 100 million, has plenty of people joining and holding steady like an old dog!
This time, ASTEROID's ten-thousand-fold feat has also revitalized many old coins on the ETH chain, such as $WOJACK, $TROLL, $KEKIUS (old horse narrative), which is worth paying attention to!
KelpDao hacker incident has made new progress: the arbETH project team has transferred 30,766 arbETH from the hacker's wallet, equivalent to recovering about 70 million USD. Currently, the hacker still holds 75,700 ETH (about 175 million USD), and this portion of funds cannot be recovered. AAVE's pressure has decreased significantly, but it still faces great challenges. $AAVE
72K market value buy in 540U down….. down…. so anxious what to do…. already lost one hundred U what to do…… keep holding on…. held on for four months…. wow rebounded… 67K should I liquidate…… 4 days later…. market value 20M… 150M……… damn it
CatBox
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Will selling off 20 million make you want to see a psychologist?
On January 30th, a guy bought $ASTEROID for 542.5u with a market value of 30k, incurring a floating loss of several hundred U;
After a long wait of more than two months, the price finally slightly rose close to his cost line, so he chose to liquidate at a market value of 24k, successfully exiting with a loss of 120u......
But fate played a joke on him. Just four short days after he liquidated, Musk replied to related tweets about this token twice;
As a result, the token he liquidated quickly soared, peaking at nearly 200 million in market value (currently falling back to 130 million in market value), and the money he sold off is now worth about 20 million RMB 🥹
Maybe some brothers say it's normal to not be able to hold onto the money you recognize, but this token surged too quickly; you didn’t even have time to react, and it was already skyrocketing…
Seeking his psychological shadow area! If it were you, could you escape the pain of such a sell-off?
Will selling off 20 million make you want to see a psychologist?
On January 30th, a guy bought $ASTEROID for 542.5u with a market value of 30k, incurring a floating loss of several hundred U;
After a long wait of more than two months, the price finally slightly rose close to his cost line, so he chose to liquidate at a market value of 24k, successfully exiting with a loss of 120u......
But fate played a joke on him. Just four short days after he liquidated, Musk replied to related tweets about this token twice;
As a result, the token he liquidated quickly soared, peaking at nearly 200 million in market value (currently falling back to 130 million in market value), and the money he sold off is now worth about 20 million RMB 🥹
Maybe some brothers say it's normal to not be able to hold onto the money you recognize, but this token surged too quickly; you didn’t even have time to react, and it was already skyrocketing…
Seeking his psychological shadow area! If it were you, could you escape the pain of such a sell-off?
The amount of funds withdrawn from Aave today has reached $6.6 billion, half of which ($3.3 billion) is stablecoins.
After a large amount of funds were withdrawn, both deposit and borrowing rates skyrocketed, with the deposit rate for USDT and USDC stablecoins actually reaching 13.4%, while the borrowing rate has come to 15%.
Currently, AAVE is still the safest leading DEFI application, and this hacking incident does not involve the AAVE protocol, so the issue is not significant.
BTW, this astonishing interest is really tempting! $AAVE
After $RAVE , there may never be such a drastic increase in this demon coin again. Bitget and Binance both say they will investigate. This matter is very serious, and although it may not necessarily be addressed, in the future, when the market maker wants to pump the price, they will consider: 'Does this count as a violation? Will funds be frozen?'
A user bought 2.79 billion $ASTEROID for $575 on April 17, and now this transaction is worth over $1 million, with a two-day return rate of over 1700 times.
$ASTEROID Narrative Overview:
15-year-old cancer girl Liv Perrotto designed a Shiba Inu plush toy called Asteroid as a zero-gravity indicator for the SpaceX Polaris Dawn mission (which has actually flown into space).
Her biggest wish was to meet Elon Musk, and she personally wrote down 8 questions, the last one being: Can Asteroid become the official mascot of SpaceX?
Liv passed away in early 2025, not waiting for an answer. Her list of questions was left on the bedside table.
Glenn Beck posted this story along with the list of questions, and Elon first replied, "Will answer shortly," and later answered all 8 questions one by one.
For the last question, Elon replied: Ok 😀 —— agreed to let Asteroid become the official mascot of SpaceX.
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