Time flies! Cryptocurrency is my greatest hope! Endless possibilities.
Recently, some articles in the crypto ecosystem have compared the year-to-date gains of several major assets (including the S&P 500, A-shares, gold, silver, and Bitcoin), and found that Bitcoin's gains were actually the lowest among them, even lower than A-shares.
Upon seeing this result, many people, including numerous so-called KOLs and KOL, vented their emotions online, saying things like "encryption is dead."
In fact, the dire situations and circumstances we have experienced in the past were far more brutal than this year, but the ecosystem has ultimately emerged from them because its most fundamental driving force and impetus are still there—and still are now. The vitality of the entire ecosystem remains undiminished, and the people who are working hard and striving silently are still there. So, when it comes to the future, I remain infinitely optimistic.
Considering Trump's loosening of crypto policies since taking office and the recent surge in precious metals, it's increasingly clear that the world is polarizing in terms of financial assets:
On one hand, the United States is intensifying its efforts to "go virtual," pushing for the on-chaining of assets and fully embracing crypto assets; on the other hand, financial giants are concentrating their precious metals businesses in Singapore, and my country is actively embracing physical precious metals.
In fact, both trends are correct. The latter simply involves gradually reducing the excessive leverage in trading in the past, anchoring precious metal trading to real physical commodities; while the former follows the historical process of the virtualization and AI-driven transformation of human society.
I believe that both trends will become stronger, and the continuous strengthening of these two trends will catalyze another explosion of crypto assets and the resurgence of the application ecosystem. It's only a matter of time.
I also see the crypto ecosystem as my greatest hope in this life.
- Reading articles, over the years I've only agreed with one point: investments must primarily consist of Bitcoin and Ethereum; everything else seems meaningless to us.
I strongly agree with the idea that "investment should primarily consist of Bitcoin and Ethereum."
I advised readers in my articles a long time ago that Bitcoin and Ethereum should account for at least 50% of their portfolio;
I also specifically corrected a misunderstanding among some of our readers on one occasion: I have only recommended Bitcoin and Ethereum.
All the other projects mentioned (including those I used to invest in regularly) are not recommendations, but I'm including them because I think they represent some of my typical thoughts and opinions at the time, and are for your reference only.
As I've mentioned before, the purpose of this article isn't to reveal the secrets to wealth, but rather to share the pitfalls I've encountered and the lessons I've learned. I hope that readers can avoid making the same mistakes and falling into the same traps.
This is increasingly reminiscent of what Duan Yongping said: in investing, it's sometimes hard to say what's "right," but what's "wrong" is often easy to discern. So why don't we just stop doing those "things we shouldn't do" and stop doing those "wrong things"?
That said, it is very difficult to agree that "investment must be primarily based on Bitcoin and Ethereum."
For many people, it may take several bull and bear market cycles, countless losses, numerous pitfalls, several roller coaster rides, several ups and downs in paper wealth, and even several overnight riches followed by overnight losses... before they can finally return to this seemingly simple principle.
It's not easy to come to this understanding after experiencing all of this.
A significant number of people may spend their entire lives going around in circles like those mentioned above, going in circles and never getting out.
