1. The scene left after the towering waves is clear without imagination.
This was a comment left by a reader at the end of the article on October 8.
In this article, I talked about the measures the country might take to prop up the market.
This comment is probably a prediction of the possible consequences of the implementation of this measure.
In the past few days, as the date of the US presidential election approaches, the possibility of Trump's election has been increasingly valued by all parties.
According to the latest rumors from Bloomberg, if Trump is elected, our country may introduce stimulus measures several times the size of the 2008 financial crisis.
Looking at various information, this rumor is probably not unfounded.
Since the "great flood" that ordinary people like us will face is coming, we must actively face and prepare for it, and find a way to take advantage of this condition.
As for the final result of the implementation of these measures, our worries do not play a big role.
This society is quite cruel, and it is already very good for ordinary people not to be swept away and swallowed by the times in the face of such major events.
2. There should be no major market trends in the next six months, and the biggest risk in the crypto circle is that there is no decent application now.
So far this year, the biggest "application" in the entire crypto ecosystem is probably all kinds of MEME coins.
MEME coins have been emerging with new tricks, and the latest GOAT has even used AI. Of course, I agree with and am very concerned about the addition of AI. But if the entire ecosystem is just MEME, it would be too boring.
Relying solely on MEME coins, I really don't believe there can be any decent bull market.
The internal environment is not ideal, and the external environment is not optimistic either.
I am cautious about how much the upcoming interest rate cut can benefit the crypto ecosystem.
Apart from that, the only thing that I think could directly benefit the entire crypto ecosystem is the "Bitcoin Strategic Reserve Act" that the US government is brewing.
However, this bill is still in the queue and has not yet been truly discussed and voted on, let alone implemented.
I estimate that the formal discussion and voting on this bill will have to wait until after the November election. If Trump is elected at that time, the possibility of the bill being passed may increase, which could inject a strong stimulus into Bitcoin and the entire crypto ecosystem.
But if the bull market in the crypto ecosystem is solely due to the passage of this bill and the resulting traffic, I think this bull market will still be very forced and difficult to sustain.
3. I find it strange that Lin Yuan, as a top investor, is shouting and exhorting retail investors to enter the market on Douyin and WeChat. The market always follows the 80/20 rule, and at this time, those who are slightly cautious will not enter the market, so his shilling, is it for his own personal purposes?
In August, a video was circulating on Videonumber that was Lin Yuan's sharing at an investment conference at Tsinghua University that month.
The main content of his sharing was that the upcoming market is a rare opportunity for this generation of young people, and he also said that it is probably the last great opportunity in his life.
Purely from the perspective of the investment market, I fully agree with this point of view. I am also preparing in this way.
But from the perspective of investors, I strongly disagree with his point of view, for the reasons I have mentioned in my previous articles: if an investor does not truly understand the market, even the greatest opportunity may not be an opportunity, but a trap, a huge trap. So casually preaching investment opportunities to investors who lack understanding of the market often ends up harming them.
In my daily life, I rarely discuss investments with my friends, whether it's crypto assets, US stocks, or A-shares, I hardly talk about it.
