The market was very flat during the May Day holiday, but many copycats were still very agitated. Don't take over the market, and don't let the fantasy of getting rich quickly hurt your principal. BTC continued to fall as a whole, and after a false breakthrough of 3W, it went directly back to 28,000, but it was all within the expected range. In the short term, 30,000 will become a super resistance level for a long time.

ETH’s staking will continue to unlock profits in the short term, and it is expected that it will likely stay at 2,000 until at least the end of May.

When the U.S. stock market opened yesterday, both the Nasdaq and the S&P fell slightly, with little volatility. However, please note that a large number of technology giants will release financial reports in early May, which will greatly increase market volatility. Friends who hold a large number of stocks should pay attention. In addition, it is not recommended to establish a seller position of options before May 15.

NVDIA, a familiar friend of miners, released its financial report on May 24.

The favorite of beauties of all ages, the manufacturer of Larmer, Estee Lauder will release its financial report on May 3

Apple also released its financial report on the 54th.

There is a general rule in the market that the better the performance of the company, the more likely it is to release financial reports. The quality of the financial reports of these three companies should also give us a glimpse of the truth.

By the way, AMD, which I used to like very much, almost did not make it. It will release its financial report on May 2. I am very pessimistic about it. The main reasons are as follows

1 TSMC’s production capacity has intermittent problems

2. The new AMD laptop CPUs are generally well-received. The performance has kept up, but the energy consumption ratio and standby advantages of the previous generation are gone, and the price is not very attractive (mainly because the price of graphics cards has dropped, resulting in no significant price advantage for the RNA series with integrated graphics cards, although the weight is saved)

3 A card was defeated miserably in this AI era.

During the 51 period, I watched a movie called "Life is Not Familiar", starring Fan Chengcheng, Qiao Shan and Ma Li. It was pretty good overall, with a score of 7-8, and it's worth going to the theater to watch for fun. It was shot by Yi Xiaoxing, and it was better than the previous film "The King of Bathing", and it was more down-to-earth. There was a segment in the film where we entered a super large holiday villa. I used to think it was very grand at first glance, but now I think at first glance, how much money must have been owed to the bank to build it. . Fortunately, there is a May Day Golden Week recently, so I can make up for it...

But in the long run, I tend to prefer the growth rate of experience consumption > industrial product consumption (I will talk about it later)

I saw an interesting topic these days, about debt. Everyone knows the story of Archimedes, a chessboard with 64 squares, and each square has twice as much rice as the previous one. In the end, the king could no longer afford the astronomical amount of rice. This story tells us the power of compound interest. But it never talks about the power of time.

Here the king only needs to modify one rule, and it immediately becomes a very simple debt problem. Because the rice in each grid has doubled, the time to pay for the rice in each grid must also double!

In this way, the amount of rice paid per unit time is constant, and the mathematician can still only receive one grain of rice per day! Isn’t it a big loss?

Therefore, debt is never a problem, even the interest is not a problem. The real problem is how you collect the debt, when to collect it, and whether the other party can turn the table over and change the rules, can they become a deadbeat and not repay the debt, can they fight you to the death like Germany did in World War II and go around looking for people to bleed?

In the economic downturn, don't trust the morality of any friend or relative in lending money. Unless he really has real collateral, everything else is nonsense. At the very least, there should be a Tencent electronic signature as an IOU to facilitate prosecution.

So, as I said before, it is safest to keep your money in your own pocket. This may be the meaning of the private key. If you get your property back 100%, you will be 100% responsible for it. It is just like carrying a large amount of cash when going out.

There will always be fare bullies in every market at every era.

But some rely on stealing (hacking)

Some rely on snatching (running away from the exchange). Choose the big ones and try to diversify your holdings.

Some rely on cheating (project parties)

Some rely on comfort (the procedures are noisy)