有求必应

Must-Read for Contract Traders! Have You Discovered the "Invisible Killer" Hidden in the Fees?

Hello brothers, today I want to reveal a trading trap that most people overlook—the shocking truth that fees can devour your principal!

Data that high-frequency traders must check:
Open the Binance APP → Funds → Contracts → Today's Profit and Loss → Funding Fees and Trading Fees
The total fees over the past year may leave you gasping! For large position traders, fees can exceed the principal in just 30 days!

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It's like an automatic discount on every trade; the money saved is real profit!

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⚠️ Important Reminder: Fees are a continuous expense, and the long-term accumulated difference can directly affect your trading lifespan. Every U you save is a key bullet for breaking through future bottlenecks!

The reason why Lan Zhanfei was not kidnapped, I believe, is largely because he was staying in a hotel at the time.

If he had taken a gang-disguised taxi when leaving the airport, the likely outcome would have been a kidnapping.

But because he took an official taxi to the hotel, although the hotel staff had been bribed, the hotel probably did not want a murder to occur on their premises. Because once a guest is killed in the hotel, it will affect the hotel's business.

Such a small detail ultimately saved his life.

Lan Zhanfei's South Africa kidnapping breaking news: Kidnappers' six-month meticulous planning, extortion and framing methods are vicious.

On December 9, internet celebrity Lan Zhanfei claimed he was held at knife point at a five-star hotel in Cape Town, South Africa. The incident quickly went viral, sparking widespread discussion online, but related posts have since been deleted, and no further response has been provided yet.

It is reported that the kidnapping was carried out by one person in collaboration with two black individuals, lasting four to five hours. The kidnappers had long been premeditated, laying their plans six months in advance, even disguising themselves as fans to stake out the airport, and bribing airport and hotel staff to accurately grasp his itinerary, breaking into his room at night to commit the crime. During the incident, they not only forced him to transfer money and arrange online loans for profit but also forcibly collected biological information such as fingerprints and hair, intending to fabricate a rape case to threaten him and prevent him from reporting to the police. Fortunately, he took an official taxi and avoided a more dangerous trap.

After the incident, Lan Zhanfei reported to the domestic authorities and the local embassy, but was told that the probability of solving the case was very low, and the main concern was to prevent being framed. The exposure of public figures' itineraries abroad is high, and the meticulous planning and vicious methods of these kidnappers serve as a stern warning for overseas travel, emphasizing the importance of keeping itineraries confidential, choosing legitimate accommodation and dining channels, and maintaining a strong safety line. One must remain vigilant in unfamiliar environments.

1. The ""altcoin season" that everyone is most concerned about, I tell you it is definitely not now, at least for another month, there will be none, the reason is that the main Bitcoin rally has not ended.
2. Don't be fooled by Ripple and Dogecoin, which represent the old coins that experienced a wave of speculation, but that does not mean all altcoins will skyrocket; the timing is not right.
3. The altcoin bull market, the precise outbreak timing, is in the later stage of the main Bitcoin rally, that is, when Bitcoin enters the garbage time, is when altcoins will explode.
4. In this round of bull market, Bitcoin's target price within six months remains 350,000 USD unchanged; this viewpoint remains unchanged. We must believe that this round of bull market is a big bull.

The Chinese government is now trying every means to get you to withdraw your savings,

1. Crackdown on virtual currencies.
2. Gold is at a high, and you don't dare to invest.
3. Subsidies to encourage you to buy cars.
4. Subsidies to encourage you to have more children.
5. Creating hot stocks to get you to open accounts for margin trading.
6. Interest subsidies to help you buy houses.

A unified approach with six aspects: with less money, buy cars and have children; with more money, trade stocks and buy houses. Each should find their own position. Additional input welcome!

The people at the gold shop are now confused; it's not that high prices mean no one is buying, but rather that young people are not playing by the usual rules. Normally, purchasing gold jewelry requires going to a gold shop, but many young people today do not recognize brands like Chow Tai Fook or Chow Sang Sang. Instead, they go to the bank to buy gold bars and then find craftsmen to create their pieces. As a result, after deducting the craftsmen's labor costs, gold jewelry of equal weight ends up being much cheaper than what is sold in gold shops. This is mainly because the brand recognition for such items is not very high; skilled craftsmen can create basic styles, and it primarily depends on purity and weight, rather than brand premiums. On the contrary, gold shop brand premiums are still quite significant, and young people naturally are unwilling to pay for them. One feeling is that contemporary young people are truly remarkable. The main reason many markets, such as cryptocurrencies, liquor, cigarettes, cultural collectibles, and housing, are struggling is that young people are either not participating or changing their strategies. Therefore, many industries can no longer maintain their past practices.

Investment is about who has more lives:

Xu Xiang's friends recall that on a holiday, Xu Xiang went to Macau with his friends for relaxation and entertainment, and everyone ended up winning or losing millions, while Xu Xiang had only 50,000 chips in hand. Yet, relying on this small amount of chips, he played in the hall for three full days, and in the end, the money he had left was enough to buy an Armani jacket.

The low-profile well-known private equity investor and founder of Chongyang Investment, Qiu Guogen, wrote a recommendation preface for his colleague Shu Taifeng's new book "The Wealth Warrior Speaks." In the article, he shares his latest insights and thoughts on investment.

In his view, investing is a game of dealing with uncertainty. Although “black swan” events have a very low probability of occurring, their consequences can be extremely serious once they do happen.
"In investment, if a strategy does not possess 'universality', it means there is a possibility of liquidation or exit, making investment a dangerous game of 'Russian roulette'."
Nassim Taleb believes that a good investor must have a profound understanding of 'universality'. He said: The cumulative exposure to low-probability risks, even if the liquidation risk is as low as 1, in the continuous and repetitive process, the liquidation probability will ultimately approach 100%.

Now it's hard to consume.
It has little to do with the falling housing prices.
The key is that 20% of people are earning 80% of the income, and no matter how much these 20% eat, drink, and have fun, they can't boost consumption.
The remaining 80% want to consume, but they don't have that much money.
So it leads to an oversupply of goods and weak consumption.
In the past two years, various tax investigations and reforms have also been aimed at adjusting this income gap.
It's just that there is a lot of resistance to this issue.

A significant factor for success is: to have good health.

Wu Zetian was able to tame fierce horses at a young age, gave birth to six children for Li Zhi, and could help him manage state affairs. She ascended to the throne at the age of 67 and held the position for more than a decade until her death at 81.

At the age she ascended, many people might have been preparing for the grave, having lost all illusions about life, yet her other journey was just beginning.

Sima Yi also had good health.

Cao Cao said he had the "wolf's gaze" and wanted to guard against him, but Cao Cao died while Sima Yi lived on; when Cao Cao's son Cao Pi died, he still lived; when Cao Cao's grandson Cao Rui died, he still lived.

He couldn't defeat Zhuge Liang, but he caused Zhuge Liang to perish. In his old age, he was still able to defeat his political rival Cao Shuang, gaining military and political power, laying a solid foundation for the Sima family to usher in the Western Jin Dynasty.

Success requires accumulation. Those lacking physical strength might not even survive to the time of "harvesting the fruits".

ps: I do not mean to imply that "as long as one has good health, they can succeed", thank you.

The Communist Party has once again implemented the policies of the 1980s in the present. Who lives the most comfortably in the mainland?

Do you think it's those who have luxury cars and live in mansions? Not really.

First, zero debt, no mortgage, no car loan, no foreign debt, living debt-free.

Second, savings, having enough savings to cope with life, possessing the ability and confidence to withstand risks.

Third, time freedom, no heavy workload, able to manage time independently, enjoying physical and mental freedom.

Fourth, low material desires, not pursuing luxury, understanding that small wealth brings contentment, enjoying the pleasures of a simple life.

Fifth, knowing how to be content, having inner peace without comparing with others, cherishing and enjoying the comfort and tranquility of the present.

If you are in this state now, then congratulations, you are already a winner in life.

More than a decade ago, Jiangsu Satellite TV had a globally popular show called (If You Are the One). There was a male guest, I forget his exact name, and I also forgot the content of the show, but I remember one thing: he said he was into health preservation, and one of his points was that when eating, you shouldn't drink soup.

At that time, the atmosphere was that the whole audience laughed at him, including the host who didn't understand. I couldn't help but follow the trend, thinking this was just an old middle-aged person's health philosophy and couldn't be true. What's wrong with drinking soup?

Now that I have become one of those middle-aged people, I tested for a week the difference between eating with soup and without soup. At least the rate of blood sugar rise is different. Drinking soup raises blood sugar very quickly, and the blood sugar data jumps high and fast. If it's rice soaked in soup, it's simply explosive for blood sugar. But if you only eat the rice and dishes without drinking soup, the blood sugar data is much better.

In the future, when eating and drinking soup, I can only choose one.

2026—2028 three years, there are ten warnings, be sure to remember
1: Don't engage in heavy asset entrepreneurship
2: Don't easily open small shops or factories
3: Don't guarantee for others
4: In your forties and fifties, if you want to start a business, stay away from partnerships gained through socializing
5: Absolutely avoid investments you don't understand
6: Use credit cards less and definitely don't overdraw for investments
7: Completely stay away from online loans
8: Clean up ineffective social connections
9: Spend less time on entertaining videos, beautiful women, handsome men dancing, and focus more on content that imparts knowledge and practical information to improve yourself
10: Women should learn to spend money wisely, and men should learn to manage money well

When you trade cryptocurrencies or start a business and make some money, set aside enough for your family's basic living expenses for 5 to 20 years and leave it there, never to be touched.

No matter what kind of predicament your job or business encounters, you must resolutely not touch that money.

Once you have basic material security, your perspective on the world will change: you will no longer be short-sighted, you will have more patience, and you will seriously cultivate a particular skill, or a business, or a field, with the ability to delay gratification and have long-term plans.

Because you know that even in the worst-case scenario, you can still live without working for 5 to 20 years, and your family will still have food to eat and a place to live. But once you don’t have that money, that basic survival security, many of the things you do will be driven by a desperate need to make money, leading to decisions that, in the long run, are incorrect, short-sighted, or focused on immediate benefits.

Internal employees in China are indeed well-off. My cousin works at the Tobacco Bureau, and her life is quite comfortable.

Her base salary is 4300 yuan, and she receives performance bonuses quarterly, which can be around 5000 yuan. These are all guaranteed earnings. Additionally, she gets various benefits such as transportation and housing allowances, adding up to about 2000 yuan. When you calculate it all, she can earn 8000 yuan a month. She's just a grassroots employee; what's more impressive is that her annual bonus is around 40000 yuan.

Her job is quite easy, starting at 9 AM and finishing at 5 PM, and working feels like play. She says her salary isn't that high, and there are many people earning less than her, but at least she has a stable income. In my opinion, her salary is already quite high.

Even during these three years of Y situation, her salary has not decreased; she hasn’t lost a single cent from her quarterly performance bonuses and year-end bonuses, and this income ensures her family’s normal expenses. It's tough to find jobs nowadays, and such stable work is rare. The income is stable and won’t be affected by much, and the job is easy, but it's also important to maintain good relationships with colleagues and superiors.

If you want to take the civil service exam, this industry is really quite good, but there are too many candidates every year, like a thousand troops crossing a narrow bridge. Friends, which industry are you working in, and how is your life going?

Bitcoin has fallen sharply again, and what we need to be wary of is that Bitcoin has become a "canary" that perceives changes in the market.

According to the Bank of America’s November fund manager survey, cryptocurrencies account for only 0.4% of institutional asset allocation, but retail funds are expected to pour into the cryptocurrency market, reaching a record $46 billion by 2025. Derivatives trading currently accounts for 74% of cryptocurrency trading volume, making it a frontline in liquidity and speculation.

Therefore, the Bitcoin market tends to be more sensitive to changes in liquidity and has a quicker reaction capability.

Chinese people are slowly returning to poverty. Yesterday, I heard about a relative's son who started a business and within ten months, he depleted the cash flow that their family had accumulated from running a small factory for over 20 years.

The money he got from his father was around 500, and when he didn't want to close down, he also took money from his mother that she had saved her entire life.

The family was originally quite well-off (they had a house, large aluminum alloy, and a factory), but this blow to their morale was still quite significant.

Therefore, people back home are still willing to spend this cash flow on their children's weddings. Once the wedding is done, they feel more settled and won't spend money carelessly without a sound.

Is the new round of cryptocurrency crackdown led by the central bank a negative or positive?

The new round of "crackdown on cryptocurrency trading speculation" initiated by the central bank and jointly launched by thirteen departments marks the entry of China's regulation on virtual currencies into a stage of systematic strengthening, and the coordination of multiple departments itself releases a clear signal of taking serious action.

This rectification focuses on full-chain control, comprehensively compressing the survival space of virtual currencies within the country from four core links: payment, accounts, transaction links, and capital flows. Specifically, financial institutions are strictly prohibited from providing related services, the blocking of payment channels continues to intensify, and bank accounts involved in cryptocurrencies will face freezing and investigation, which significantly increases the difficulty for individual speculators and further squeezes the survival space of gray trading channels.

From the perspective of short-term market impact, this policy is typically negative, and is expected to trigger panic selling and risk-averse behavior in the market. Price declines are driven more by emotions than by changes in fundamentals and may be accompanied by shrinking trading volumes and deep corrections in altcoins, while domestic retail participation declines, and market liquidity may further migrate overseas.

From a global perspective, this rectification actually accelerates the structural differentiation of the global crypto market. While China strengthens its controls, the European and American markets show an open trend, and the demand and liquidity after the retreat of the domestic market are gradually shifting to compliant overseas markets. In the long term, the core support for future cryptocurrency prices will shift from domestic retail funds to international capital, ETF products, institutional allocations, compliant exchanges, and real application ecosystems.

The site of the fire in Hong Kong is undergoing renovation of old buildings, and the scaffolding on the outside is made of bamboo. The intensity of the fire is closely related to the bamboo structure.

I searched why Hong Kong uses bamboo scaffolding instead of steel scaffolding, and the result is——to save money.

???

Steel scaffolding can also be reused, how much can bamboo save?

Don't expect to put out the fire... It has already burned through...
We can only wait for it to completely burn out.
This fire may become a landmark event in Hong Kong's history...

#香港火灾