I returned to Hangzhou these days, took on a few cryptocurrency-related jobs, and had a lot on my plate, so I couldn't update yesterday.
The U.S. elections have concluded, but as the most watched election of this century, the Orange Seat still has some thoughts to share.
This is the first time the Orange Seat has paid such close attention to the results of the U.S. elections, not only because Trump has made promises regarding cryptocurrency, but also because during the previous election, I was not very sensible.
When Trump was first elected President of the United States in 2016, I was only in my twenties and did not have a deep feeling about politics.
When the last election occurred, the battle between Trump and Biden felt more like watching a joke while just eating popcorn.
It wasn't until this time that I took the 47th U.S. presidential election very seriously and followed the voting process closely.
And attempt to observe and think about this election from the internal perspective of the U.S., its impact on China, the Federal Reserve's policies, the world order, etc.
There are many insights here, but today I only want to talk about one person, one point.
Musk.
As the world's richest man, Musk firmly stood on Trump's side.
But have you considered why?
Suppose you are Musk, the world's richest man now; you can stand on Trump's side, you can support him quietly like Bill Gates, only providing financial backing, but would you wager your entire fortune?
Many people simply won’t.
Whether it’s because of the pressure faced during the Democratic administration,
Or will there be even greater returns after Trump's victory?
Many still wouldn’t.
Because once Trump fails, you will definitely be liquidated for choosing the wrong side, and this cost is something even the world's richest man cannot bear.
Musk has also said that if Trump fails, he’s done for.
On one side is a bottomless abyss, on the other is becoming a rich man. Which would you choose?
I believe everyone has an answer in their heart; conservatism is not a cowardly choice at this time.
Let me tell a story about making a lot of money from Trump.
A French trader heavily bet on Trump's victory, ultimately earning over $47 million.
Some might argue that the person is already very wealthy, so betting heavily is nothing.
Alright, let’s role-play. Now you are that financially free French trader, you discover the algorithm's patterns, believing Trump's winning probability is very high, then I ask you:
How much are you willing to bet?
Do you understand? It’s not about the conditions themselves but about your belief in this matter.
This French trader placed a bet of $47 million on Polymarket, and his profit was also $47 million; placing such a large bet, the return rate was merely double.
So, I ask you again:
If you really have such a net worth, would you be willing to wager $47 million for a double?
Or rather, do you dare?
No need to answer; the Orange Seat knows that over 95% of people who trade stocks do not dare, myself included.
This is also why we can only be the majority, while they are the minority.
Today, by sharing these two stories, I want to summarize the common state of most people in the world:
Accomplishing great things while cherishing life, forgetting life for small profits.
The Orange Seat particularly likes these two sentences and often uses them to remind himself not to become someone like Yuan Shao.
This sentence comes from Cao Cao's evaluation of Yuan Shao, the original words are:
Yuan Shao was blusterous but weak, scheming without resolution; accomplishing great things while cherishing life, forgetting life for small profits, is not heroic.
Do you have bluster without strength, are you good at schemes but lack resolution?
Have you ever missed a great opportunity due to being overly cautious, fearing both the wolf and the tiger?
Have you overlooked risks while chasing minor profits, ultimately picking sesame seeds but losing watermelons?
This is about accomplishing great things while cherishing life, forgetting life for small profits.
Many people always say they lack capital; otherwise, they would definitely get rich.
Stop flattering yourself; you just lack courage.
If you lack capital, you can take out a loan; in this era, pulling together a seven-figure capital is not a problem, it just requires paying some interest.
Once you have the capital, riding the wave of Trump's election without engaging in any derivatives business, just holding onto the spot, wouldn’t you already be able to make a fortune?
Do you understand? Lack of courage is lack of courage, lack of ability is lack of ability; don’t make excuses for lacking capital, this will only make you seem more foolish.
But whether it’s Musk or the heavy-betting traders,
Even if you have achieved financial freedom, you still place heavy bets when it's time to stake.
Accomplishing great things without cherishing life, diving into the game.
Do not forget life for small profits, prioritize life.
This is the basic quality that someone who achieves great things must possess; when it’s time to do great things, one should be resolute and decisive, mobilizing all available resources and uniting all possible forces to achieve the goal.
Instead of taking a step back to look, fearing both the wolf and the tiger, wanting to succeed but fearing failure, hesitating and trembling.
If those below see you so uncertain, who would dare to charge forward and fight for you?
Thanks to this election, I have seen such a colorful side; reviewing it carefully always reveals many wonderful aspects.
This is also why the Orange Seat increasingly enjoys reading history, because only by placing oneself into the characters of that historical context can one understand why the person who left a mark in history made such decisions at that time.
No matter how difficult or tragic that decision is,
In the end, he made a decision and walked the remaining path without looking back.
Foolish thoughts and clumsy opinions, let’s strive together.
I am the Orange Seat, a man focused on recovering cryptocurrency assets, capable of helping you get rich.
Two years ago, we created a professional web3 terminology dictionary for our paid students, named the Red Book, which includes hundreds of definitions and application scenarios for professional terms. Now I'm giving it to you for free.
Click on my profile picture to receive a free electronic version of the Cryptocurrency Red Book.
