Yesterday's article still feels like half the story was told, so I’ll rush to finish it, even though articles like this don’t attract much traffic. Today is the last one.
A few days ago, a newly added fan friend asked Orange an interesting question.
His dilemma is that he plays in the primary market, but the news always lags behind others, resulting in overall unsatisfactory returns due to suffering from information asymmetry.
So the solution he thought of was whether he could find more cutting-edge information. Using earlier news to gain a timing advantage can lead to better returns.
Orange replied to him: Your information is your circle.
But this guy probably didn't quite get it and continued to talk to himself:
So I supplemented with the following explanation:
High-quality information is not closely related to the platform, but is very much related to your own circle.
This fan made money when they were 21, but ended up holding onto it in the primary market and lost everything.
I have also gone through this stage, and even now, there are still ICOs I invested in back then that haven't issued tokens. Orange was once at the bottom of the ecological niche, just a lamb to be slaughtered.
But let’s say you are a person that a project party cannot ignore; even if you don’t use WeChat, they will call you to deliver the opportunity to earn passively. Where would there be any intention to cut you?
The reason for choosing to cut you is mainly that cutting you poses little risk.
So it goes back to the initial statement: Your information is your circle.
Previously, Orange proposed a theory of information ripples that perfectly explains this statement.
The so-called theory of information ripples refers to the transmission of information starting from a trigger point and spreading outward like ripples.
The closer you are to the central circle, the greater the energy fluctuations you can obtain, and vice versa.
In the crypto space, the closer you are to the core decision-making team, the greater your chances of making money, and vice versa.
Let's assume the trigger point is the project party, so who is the person closest to the core circle?
I won’t list the role names here; you can fill in the blanks yourself and see if you have enough clarity about the upstream and downstream of the industry chain.
Then you can ask yourself another question:
If there are at most 10 circles of ripples, which circle do you belong to right now?
If your answer is far from the core circle, then you need to ask yourself another question:
Is there any way for me to get closer to the core circle?
This logic applies to individual projects and can also be used to position oneself in the industry.
You will find that no matter what you do, it is highly related to the kind of people around you.
If the people around you are all just retail investors glued to the K-line trading coins, it’s hard for you to gain much energy from them. The barrier to trading is too low, and it’s too difficult to break out; its marginal benefit is low and you don’t control the means of production.
But if the people around you are on a higher level overall, you will find that your space for maneuvering becomes much larger.
If the people around you are all quite impressive, and you are relatively weak among them, then congratulations, you have entered a whole new circle.
Orange understood a principle very early on:
You must become the weakest person in your circle, not the strongest one.
This sounds a bit counterintuitive, but if you think deeply about it, it is indeed the case.
If you are the weakest in a stable circle, then your growth potential is enormous, and the resources available to you will be abundant. Once you become stronger, you can also give back to them, and everyone’s relationship will last a long time.
And if you are the strongest in the circle, not only is it difficult for you to draw energy from them, but they will also become your burden—everyone is friends, and if you are the best, can you just stand by?
But how many times can you reach out to them? Three times? Five times? Eight times? Ten times?
Whether you let go actively or not, you will eventually have to let go, it’s just a matter of time.
As someone who has been there, Orange has experienced both of the above situations.
This is also why I highly advocate for decluttering now.
Do not mingle in circles, and even deliberately filter the people you interact with.
No longer eager to be a teacher, nor interfering in others' destinies.
Focus on being in harmony with yourself, doing what you love and are good at.
When you have cultivated your skills well, looking at the world again will give you a different perspective.
Just like the story mentioned at the end of this article:
Trump is not important, Harris is not important, cryptocurrency is important.
This is the last article about personal thoughts recently. It can be said to be my guiding principles for actions and work, as well as a summary of my personal philosophy. This series will not be updated for a while.
If you want to hear me ramble about these things again in the future, it will probably require payment.
Going out to sign contracts; tomorrow I’ll write something you love.
I am Orange, a man focused on recovering cryptocurrency assets who can help you get rich.
Two years ago, we created a web3 professional terminology dictionary for paid students, named the Red Book, which includes hundreds of definitions and application scenarios for professional terms. Now I am giving it to you for free.
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