Princess Jinqunqun is good: why bother talking about currency

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Why ten years of hard study is not as good as three generations of business

There are family resources and accumulation behind three generations of business. A family has been engaged in business for several generations and has often accumulated rich experience, connections and wealth. These resources provide convenience and advantages for future generations to start businesses to a certain extent. In contrast, hard study cannot directly obtain such resource support.

Three generations of business can often take advantage of the family's brand effect. A family has a certain reputation and status in the business world, which is an intangible asset for entrepreneurs. Whether it is to obtain cooperation opportunities, open up markets or raise funds, the family's reputation can play a positive role. Although individuals study hard alone for a long time, they lack such a brand effect.

Compared with three generations of business, ten years of hard study may have a certain gap in achieving goals and achievements. Three generations of business have taken advantage of family resources, brand effects, early education and risk-taking capabilities. However, this does not mean that hard study has no value. Everyone's growth and development path is different. Whether through hard study or business, it is important to find a path that suits you and strive to achieve your own goals and values.

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Sonic test network has more than 300,000 users on the chain, and will be upgraded tomorrow to suspend Odyssey chain interaction

Solana Atomic SVM Layer 2 Sonic posted on the X platform that Sonic test network Odyssey has 300,000 wallets and more than 52 million transactions.
Sonic said that it will upgrade at 5:00 UTC on July 3, and the interaction on the Odyssey chain will be suspended during the 6-hour upgrade. After the upgrade is completed, a new ring lottery task will be launched on Odyssey.

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EU's MiCA: A True Breakthrough Moment for Cryptocurrency

MiCA is a comprehensive crypto bill that is of great significance to be passed in the EU.

The EU's approach to crypto sets a path that could have global impact at a critical moment.

For years, cryptocurrencies have been subject to constant sniping and attacks, sometimes vilified as scams, Ponzi schemes, or shady channels that criminals can use to move illicit funds

What we can observe is that cryptocurrencies are not viewed with suspicion, but rather as a meaningful industry with practical uses that should be allowed to develop further and should be able to do so not in opposition to current markets and mechanisms, but, if possible, integrated with and coexisting with existing structures

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Doesn’t Coin hint that there will be a collaboration with Lost Dogs?
After all, Notcoin is just a meme currency and has no practical functions. Its anonymous founder Sasha also pointed out in an exclusive interview this month that he does not think this model of earning in-game currency by clicking buttons for free is sustainable:

I don’t think it’s going to last forever, I don’t think it’s going to be sustainable in any way.

In my opinion, only games with a sustainable model will survive.

Therefore, Sasha hopes to get Notcoin away from the narrative of a clicker game. The plan for the next four years is to make the project independent of the team by building a sustainable and efficient subsystem.

Perhaps for this reason, just after Notcoin announced its latest airdrop plan for its gold and silver users, the official then released a message on its Telegram channel, suggesting that a new stage would begin:

At the same time, Notcoin also sent an image related to the NFT project Lost Dogs and provided a link to the official Lost Dogs TG channel, which seemed to hint at future cooperation with Lost Dogs?

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How to accumulate from 0 to 1 million in the cryptocurrency circle?

I started my business after graduating from high school. It has been 14 years. I have become an uncle. When I was 21 years old, I made 1 million cash in 8 months for the first time. That year was 2005. At that time, more than 1 million was very valuable. At that time, the house in Hexi, Nanjing was 4,000, and now it is 30,000. What I feel most deeply is that my family worked hard for decades but did not earn as much as I did in two years. I was very proud at that time, and later I fell into a big trap. After that, I successively did several projects with annual profits of 1-6 million, but I have always stayed at the million level and have not found a way to break through 10 million.

I am 33 years old this year (born in 1983). My company's annual profit is more than 10 million. The assets in the stock market currently fluctuate by more than 1 million a day. (It may be a loss or a profit, but it is all volatile profit and loss)

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Blast launches governance system and launches the first proposal of "Enabling Points for BLAST Holders"

According to CHAINLOOK, Blast announced the launch of Blast governance on X and launched the first proposal of the Progress Committee "Enabling Points for BLAST Holders".

Blast governance aims to adjust incentives and provide the BLAST community with influence on the ecosystem. It enables the community to actively contribute to the development of the Blast ecosystem, allowing BLAST holders to propose, debate and vote on protocol upgrades, the composition of USDB support, ETH liquidity staking providers, fees and other factors.

Blast governance is designed as a system of checks and balances to provide governance rights to BLAST holders while achieving rapid progress, with decisions made at a higher level by the Token Committee and the Progress Committee. Any committee can initiate a proposal, while the other committee can veto it. The Progress Committee aims to achieve rapid development, while the Token Committee has the ability to veto proposals and vote to remove members of the Progress Committee, which gives BLAST holders ultimate control over the system.

The Progress Committee has submitted its first proposal to the Blast Foundation, which is related to the Blast Points Program. If approved, the proposal will allow BLAST holders to earn points on the mainnet and is now available for viewing and discussion on the Blast Foundation forum.

The official calls on all BLAST community members to participate in the discussion and hopes that this is the first of many proposals to support the development of Blast: The Fullstack Chain.

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How can retail investors in the cryptocurrency circle achieve investment success steadily?

Among the many investment quotes of "stock god" Buffett, I think the most famous one is undoubtedly: "There are three secrets to success: first, keep the principal; second, keep the principal; third, firmly remember the first and second."

The most important thing in investment is the principle of safety. First of all, if you don't lose money, you have surpassed most people. The reality is that more than 90% of the leeks who lose money have a common characteristic, especially the new leeks, who think that the cryptocurrency circle is a good way to make quick money. They come in without understanding anything, and rarely study and learn in advance, and start trading and buying coins.

Find the right object (research and analysis), invest heavily (the funds cannot be too little), and wait patiently (most of them are more than three to five years). In the 24-hour unpredictable cryptocurrency trading market, especially the daily ups and downs of the bear market, being able to do the above three points has actually separated from ordinary people and surpassed most people to become an excellent investor.

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Why does Huobi want to attract people to speculate in cryptocurrencies?

It is obvious that the purpose of attracting people to speculate in cryptocurrencies is to cheat money. The current general operation method is to obtain potential investors through pyramid schemes and fission, and attract potential speculators to enter the underground cryptocurrency speculation group by attracting people to send coins and signing in to send coins, cultivate new "leeks" again and again, grasp the speculators' desire to make money through cryptocurrency speculation, give a clear time for the currency to rise, and induce investors to buy a large number of virtual currency speculation platforms issued by themselves to make profits.

Huobi scam case
I seem to have encountered it too. He kept talking to me about Huobi.com, saying that he would take me to invest and let me rest assured that he would not do anything he was not sure of. I had just known him for more than two months, and he asked for money, so I was very cautious. I said I would not do it, so he tried to convince me every two or three days, and then I became suspicious. I didn't want to believe that he was a liar, so I searched on the Internet, and sure enough, many people were deceived. Now that I see so many people being deceived, I finally confirmed that he was deceiving me. It's really annoying.

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Bitcoin has once again held $60,000. Will Bitcoin fall sharply in July?

From the current trend, the monthly line is a volatile market, and the volume of shorts this month is shrinking. From the monthly line trend, there is no sign of a sharp drop.

After breaking the highest price of the previous bull market, Bitcoin began to fluctuate. Generally, there will be pressure at the historical high position. This is the consensus of the market, so it will accumulate power here for a period of time.

The current market sentiment index is extremely fearful, which shows that there are many people who are bearish in the future market, and the main force has achieved its goal.

Others are afraid of me, I am greedy. I must have reverse thinking. In the bull market, I would rather be trapped for a short time than miss the opportunity.

Everyone has different views on the market trend. It is not wrong to be bullish or bearish at any time. It depends entirely on personal experience and the level of trading technology.

My article is my personal opinion. If you don’t agree, you don’t have to read it. Don’t want to get something for free and dislike eating badly. It is impossible for a person to make money by satisfying your appetite.

The above analysis only represents personal opinions and does not constitute any investment advice.

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What is cognition?

Flevell explained metacognitive ability as follows:

The essence of metacognitive ability is cognition of cognition, which is the self-awareness, self-reflection, self-evaluation and self-regulation of an individual's cognitive processing process. It includes three components: metacognitive knowledge, metacognitive experience and metacognitive monitoring.

Metacognition of things:

It is everyone's cognition of things, as well as the choices and actions taken on this matter, and also includes timely adjustment of their behavior in order to obtain better and satisfactory results in the action.

Some people think that those highly cognitive people such as PhDs and masters can make a lot of money in the currency circle.

But the fact is not so. In the investment market, they may not be able to beat the aunts and uncles in the market.

Because cognition does not mean high education.

Everyone's cognition, in addition to his knowledge and experience, also includes a person's personality.

A person's personality is determined by his desire and fear of the world.

A timid and weak person,

his fear is greater than his desire. A little bit of disturbance will make him hide in his armor, for fear that the sky will fall.

People who do not fight with the world,

He has little desire. In this world, he has almost nothing to ask for except to live. He looks lightly on everything he has. If he gets it, he is lucky. If he loses it, he will die.

Arrogant and domineering people,

He has great desires, little fear, and even shallow cognition. Because of ignorance, he has nothing to fear.

I always think I am the best in the world, and I have not been the big brother for many years.

People who are obsessed with profit and desire, his desire exceeds his cognition and fear.

His life is a walking money bag in this world. The money stained with other people's blood and tears, stained with filth, and money that is guilty of corruption will all be put into his own money bag.

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What is leverage, contract?

Many people have heard Archimedes' famous saying when they were young: Give me a fulcrum, I can move the whole earth.

Leverage is generally the use of a small amount of funds to invest several times higher than the original price.

A contract is generally an agreement to deliver/accept a certain asset/product at a specific price at a specific time.

Contract trading is a common name in the currency circle. In fact, the so-called contract trading is futures trading.

Futures trading is a mode of forward trading of trading products. Compared with spot trading, futures trading has two major characteristics. One is that it can be long or short, and can make profits in both directions; the other is that it can be leveraged to make a small profit.

These two characteristics make futures trading have stronger speculative attributes. Being able to go long and short allows investors to buy up and down, and have more investment strategies. The emergence of leverage has magnified the fluctuation of currency prices.

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Future deduction: AI sucks blood in the currency circle

A copycat bull market may appear, such as capital overflow after interest rate cuts, but this will take a long time. By then, 90% of the current project parties will usher in a huge amount of unlocking, and the monthly selling pressure is expected to be more than 5 billion. Such a large selling pressure is unbearable in the market, and only those who run fast have the opportunity to escape.

Conclusion 1: It is best to play only large coins such as BTC and ETH in the currency circle, or participate in copycat coin transactions with extremely sensitive movements.

Conclusion 2: If there is no new casino in the currency circle and no new traffic, the future deep bear market will be more terrible.

The era of rapid advancement in the currency circle is over.

At present, the market value of BTC is 1.3 trillion US dollars. Even if it doubles, it is only comparable to Nvidia. Nvidia is considered to be the cornerstone of the AI ​​era, and the AI ​​era is regarded as the third largest civilization-level leap after the steam revolution and the Internet.

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EigenLayer raises staking cap, TVL soars to over $3 billion

Liquidity re-staking protocol EigenLayer temporarily lifted the staking cap of 200,000 ETH, pushing its total locked value (TVL) up by $750 million in a few hours. Data from DefiLlama shows that Eigenlayer had $750 million in inflows within two hours after lifting the cap, with a cumulative TVL of over $3 billion. As of press time, EigenLayer's official TVL was $3.2 billion, up $1 billion from the previous day, with Lido's stETH token leading the way, accounting for $560 million, or about 80%, of EigenLayer's new deposits.

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