I will die laughing at this
There is a lawyer in the Taipei Bar Association who is very cool
He wanted to name the office
"Xiao Law Firm"
Rejected by the guild due to indecent name
He just changed his name to
"Xiao Gao"
Finally got what I wanted!

A very interesting point of view was the bankruptcy of SBV Bank in the United States last year. Everyone realized that traditional safe-haven assets (financial industry) were no longer safe. The impact of interest rates and national debt was too great, which may cause banks to fail. In an instant, bank stocks changed from safe-haven assets to become a risky asset

Then everyone also discovered that technology stocks have transformed from their original risk assets into safe-haven assets (limited to the seven largest American technology giants), because compared with other small and medium-sized technology stocks, the seven giants are impossible to fail.

bank stocks
Safe-haven assets-->Risk assets
technology stocks
Risk assets-->safe haven assets

So do you think Bitcoin is currently a risk asset or a safe-haven asset?

I think the components of risky assets are still higher. $BTC Some of the technology giants that are favored by people have more cash on hand than banks. It is too difficult to go bankrupt.

The cruel comparison is here again. I remember we discussed BNB VS OKB in March. I will update it again today.

November 2023
OKB price 56
BNB price 250

March 2024
OKB price 68
BNB price 530

May 2024

OKB price 51
BNB price 589

If you bought OKB in November last year, you would be losing -10% now.
If you bought BNB in ​​November last year, you would have made a profit of 135% now

The difference between heaven and hell, no wonder everyone said that copycats are difficult to play this time, mainly because there is no general rise in the market!

What should I do if I suddenly make 2 billion?

The giant whale was phished for 1155 BTC. The method is very simple. Let me explain it so that everyone can prevent it.

First, the whale sent 0.05 ETH to a certain address.

The phisher imitated the beginning and end of this address and made a 0 ETH transaction to the whale.

Angler:0xd9A1C3788D81257612E2581A6ea0aDa244853a91
The whale’s previous transfer address: 0xd9A1b0B1e1aE382DbDc898Ea68012FfcB2853a91

An hour later, the whale accidentally transferred 1,155 BTC to the fisherman’s address.

Although it is not very reasonable, the giant whale still fell into the trap. Most people should not copy the address they last interacted with when transferring money, right?

The currencies selected by Binance for IEO recently have been trending very well, and I suggest you allocate some. Many friends always feel that there has been a surge, and the buying prices are relatively high now. I don’t know which objects to choose, then you can buy new ones. I’ll give it a try, and it looks like the winning rate is 75% right now.

一起學投資

I have heard many people complain that @RaydiumProtocol is not easy to use, and then praise @JupiterExchange. But this is something different. When you use Jupiter, you may use Raydium later. Jupiter is an aggregator to help you find the cheapest transaction route. , the status is somewhat similar to 1 inch, but Jupiter has another very popular business which is derivatives (contracts)

Transaction volume in January: 1.86 billion
Transaction volume in February: 9.87 billion
Trading volume in March: 12.96 billion (as of 3/24)

Trading volume in March was approximately twice that of GMX

The accumulated handling fees in March were US$12.9 million (the handling fee is 0.1% of the switching position)

Of course there are other businesses such as Launchpad

00940 ETF sold hundreds of billions in Taiwan in just a few days.

This product has great marketing, is simple and easy to understand, and is my favorite among new leeks.
The great things are as follows

1. It claims to use the stock selection logic of stock god Buffett to select 50 stocks to allow you to diversify your investment.
#Butit’s amazing that Buffett didn’t buy any of the 50 stocks.

2. High dividend distribution, with an average yield rate of about 8.6% in the past five years
#Butif you had been doing it for 10 or 20 years, would you still have such good results?

3. Monthly interest distribution and cash payment every month
#Thesource of dividend distribution may be equalization funds, which is your principal. How can you achieve monthly distribution when dividends are only issued once a year? Of course, your principal will be used to pay it to you first.

A super low price of NT$4.10, and the threshold for entry is only NT$10,000 per ticket.
#Thisis a good point. One piece is only 10,000 yuan. It is suitable for those who like to have a good reputation. If you hate buying odd shares, it is a good choice. If you buy odd shares, you can buy 1 share of TSMC for 700 yuan.

On balance, New Leek may not lose
We are currently in the stage of economic recovery, and the long-term economic cycle is promising. Short-term overheating will encounter corrections, but in the long term there should be no big problem.

In addition, this wave has indeed attracted the investment of young office workers to buy this low-priced ETF. It is also a good thing to establish investment habits in the early stage.

As far as the currency circle is concerned

1. Ultra-low price: If the price is low, it will look like a good deal. There should be a lot of zeros behind the meme coins, and you can buy tens of thousands of them.

2. Buffett’s stock picking: The slogan is loud, but it’s actually something else.

3. High dividends: Mining is required! Open pledges for them to mine. The higher the interest, the more they will love it.

4. Monthly allocation: This currency circle is amazing, and the dashboard allows for allocation every second. The number you earn from staking keeps rising every second.

Gold has recently risen to a record high of $2,170. People like to compare Bitcoin with gold.

In the early days, the US dollar was supported by gold, so it had a negative correlation with interest rate policy. When interest rates rose, gold fell, and when interest rates fell, gold rose.

The theory is that if the U.S. dollar interest rate is not good enough, people will exchange it for gold. If the U.S. dollar interest rate is good, they will exchange gold for U.S. dollars to earn interest.

I saw a study (How interest rates affect the US dollar and gold). This picture is very interesting. When the Federal Reserve interest rates rise to the top, gold will usher in a wave of gains.

The picture below shows what the maximum profit will be when the interest rate reaches the top and the bottom of the interest rate cut is calculated.

Cycle 1: 2000-2003 - During this period, the value of gold surged by 170% as interest rates peaked at 6.5% and dropped to a bottom of nearly 1%.

Cycle 2: 2006-2009 – As interest rates peaked at 5.25% and dropped to a bottom at 0.25%, the value of gold increased by 272%.

Cycle 3: 2018-2022 – Gold’s value increased by 153% as interest rates peaked at 2.5% and fell to a bottom at 0.25%.

Fourth cycle: 2024-? (now progressive, the current interest rate has peaked in 2024)

The highest profit point will be reached within one year after the interest rate peaks. Doesn’t it feel a bit like déjà vu?

Usually, Bitcoin will reach its highest profit one year after the halving. This halving happens to occur in the same year as interest rates peak and start to fall (interest rates are expected to start cutting in 2024), which makes us more confident in holding Bitcoin.

It is possible that gold and Bitcoin will rise together this time. In fact, the positive correlation between gold and Bitcoin was not very big before.

OKB finally came out today. At present, OKB has no special functions. I would like to discuss BNB from another angle.

When BNB started Launchpad in January this year, the market was actually not very supportive. After each release, it only rose by about 2~3% and then fell back. At that time, the market voice was

The first IEO: BNB is no longer good. It used to rise by 8%, but now it’s only 2~3%.
The second IEO: Lanchpad’s effect is getting worse and worse, and now it can’t rise anymore
The third IEO: It will be even worse if we continue Launchpad. The more Launchpads, the worse the effect. It’s too overwhelming, and BNB itself has not increased at all.
The 4th IEO: Damn it! BNB Golden Shovel, there must be BNB all over you

Then today BNB broke a two-year high, reaching 530
The market is like this. The less optimistic you are, as long as the dealer is determined, it will make you doubt your life and make you admit your mistakes.

Never be stubborn, it is correct to admit your mistake immediately. If you have a lot of funds, you can be concave until you make a profit.

In early November last year, I bought some OKB to diversify my risk. After all, OKX’s wallet is very good.

then
OKB price 56
BNB price 250

Now
OKB price 68
BNB price 530

If you think about it from another angle, you will feel better

House prices are rising so that we can work well
The increase in oil prices is for us to save money
Meat prices are rising to help us lose weight

If the boss doesn’t help me raise my salary, we can help ourselves raise our salary in disguise by reducing work efficiency.

Bitcoin is rising just to keep us flat
You don’t need to feel regretful about missing something, you can still work hard

Friends who are not familiar with cryptocurrency will inevitably have misunderstandings or prejudices. After all, it is often in the news together with fraud cases. This round of crazy rise is mistakenly due to the huge demand for fraud. XD It is such a misunderstanding. So who is buying it? Answer It's the US market

The main reason is driven by the U.S. Bitcoin ETF. Bitcoin EFT has been pushed up by strong demand from investors.

3/5 The daily trading volume exceeded 10 billion US dollars. This is a very crazy thing. An ETF that has only been around for two months has completed the journey that gold ETFs have taken for several years. Its performance is very impressive. Currently, there are # in the United States. Among the 2365 ETFs, Bitcoin EFT accounts for #10

The main data of the trading day on 3/5 are as follows:

BlackRock: About $4 billion
Grayscale: ~$2.5 billion
Fidelity: About $2 billion
Ark: ~$400 million

The total of the 10 grades exceeded 10 billion

Among the top 30 EFT trading volumes in the United States, Bitcoin accounts for two, so you know how strong the demand is.

As of March 6, the cumulative net inflow of Bitcoin ETFs was US$332 million, and the total number of BTC held by ten Bitcoin ETFs was 787,584 BTC (approximately US$52 billion)
#NetInflow

Cryptocurrency has entered the time of meme currency. Looking at the increase in the past seven days, it is too outrageous to paraphrase Mr. Kunikura’s words.

There was a theory a while ago that this bull market was driven by Bitcoin ETFs on Wall Street, but those who made money by buying ETFs could not buy other coins, so the profit capital could not overflow and drive other altcoins to rise together. It is possible this time Is it a bull market in which Bitcoin rises alone (a one-person martial arts world?)

But this theory ignores that when Bitcoin continues to rise, it is not just the people who buy ETFs who make profits, but also the large number of native users who use cryptocurrency exchanges. Funds will overflow sooner or later, and currently they are directly overflowing to The meme currency community is here, everyone should manage their positions well with this exaggerated increase, and be happy with your small bets.

If you are born with supernatural powers, a rare martial arts prodigy that is rare in a century, and you retire directly after taking a heavy position, that is a different matter.

Bitcoin is once again close to a new high. After heavy losses from Luna, Three Arrows, FTX, etc., are your assets also close to ATH (all-time high)? We have not yet ushered in the last Defi summer phenomenon. I believe that it will really begin after BTC reaches a new high. Come on, all determined investors.

The M-shaped transformation of wealth is getting faster and faster, so fast that it surprised me. I read a report yesterday and was dumbfounded. The rich are distancing themselves from the middle class at three times the speed. It is completely unreasonable to surpass them at ten times the speed. financial person

2022 Zicheng Taiwan High Wealth Customer Group Wealth Report
Personal net income increase (net of liabilities)
There are 493,000 people with more than 30 million people and 14,500 people with more than 150 million people.
The number of people with net worth exceeding the 30 million threshold is growing at a rate of 13% every year

It’s even scarier if you look carefully at the assets part.
These so-called high-asset groups are increasing their total assets at a rate of 18% compound interest every year. It’s terrible. This is the concept of total assets. We calculate it based on a conservative estimate of the annual investment return rate of Taiwan stocks of about 5%. They make money. The speed is more than three times faster than that of ordinary people who are investing.
If compared with people who are not investing at all, the one-year fixed deposit interest rate in Taiwan is about 1.7%, so it is ten times faster.

Statistical interval: 2019~2022 four years
18% is really ridiculous, because the statistics are from 19 to 22 years, so the main reason for the super high returns in these four years is most likely due to the violent rise in real estate, which allows these people to easily surpass Buffett's performance

What is the logic behind speculating on the new rather than the old?

This is because many old projects have already made a lot of money and then died. There are not many people left to work hard, otherwise they would start new projects, and investors would have recovered their capital long ago, so there is no pressure.

New projects must work hard to achieve results that are worthy of investors, and the relative opportunities are much greater.

To give you a perspective, Nvidia’s stock price has hit a new high recently. Indeed, TV news has been reporting a lot on it. Even relatives and friends who don’t play in the US stock market are starting to discuss it. At this time, the shoe shine boy theory began to appear on the Internet.

But the shoeshine boy theory means that when everyone starts to discuss it widely, it means that the market is overheated, so it means that it is a warning signal of a high point. But is the market really overheated? Overheating means that too many people have entered the market.

Where is the data support for overheating? Is it just speculation?

Is it excessive for a company to quadruple its revenue last year and have its stock price rise two or three times? Or do you have insiders who already know in advance that NVDA's revenue this quarter is not as good as expected.

The judgment of a single stock and the entire market should also be made with the support of data. Recently, US stocks, Japanese stocks, and Taiwan stocks have all hit new highs. Many people are beginning to be afraid of heights, but data support is still needed to be reliable.

I see no reason to be pessimistic about the U.S. stock market. Inflation is under control, the unemployment rate continues to decline, and the salary growth rate exceeds inflation, so it is not painful to face inflation. I personally use these data for observation. If it is too high, it will be too weak to judge the next trend.

I am also very optimistic about cryptocurrency as a whole. Maybe I can see more data, such as the number of new users per week, the number of active users, the number of reactive users, etc. None of the above makes me feel that it is hot recently XDD

The bull market is here, and stablecoin returns are starting to soar. In the past, when the bear market was extremely miserable, it was difficult to find returns exceeding 5%. Now, with the strong subsidies from major public chains or project developers, stablecoin high returns have begun to appear again ( This is very important. While seeing high returns, do not ignore the risk of defi being hacked)

1.@Scallop_io
Stablecoin income 21.5%

The largest lending agreement on Sui, relying on the strong subsidies of the public chain to have ultra-high stablecoin lending interest rates

2.@ethena_labs
Stablecoin income 24%

It is a synthetic U.S. dollar agreement based on Ethereum. Ethena's synthetic U.S. dollar USDe performs delta hedging by using Ethereum as collateral. The investors have strong backgrounds and the main source of profits is that everyone wants to take the airdrop income, so the profit goes to USDe. Got it

3.@MIM_Spell
Stablecoin mining revenue 41%

The MIM stablecoin launched by spell can be regarded as an agreement that has survived the last bull market until now. MIM has a record of decoupling and falling to around 0.8. The volatility of the anchor is relatively high. It is currently paired with USDC/USDT on Curve (arbitrum). 3 pool has an APR of up to 41.49%

What other fragrant mines are there? Welcome to leave a message.

In fact, those who feel that the recent rise has been too much and are afraid to enter the market can directly buy JLP and look at this exquisite line chart

JLP is not a strange thing. It is the perpetual contract LP token of @JupiterExchange. The money you earn is the fee generated by the perpetual contract. 70% of the income will be automatically deposited into the pool every hour, which will lead to the price of JLP rise

It means that if you buy $JLP, you are also a shareholder of the banker.

An interesting project I saw yesterday @Parcl is a real estate trading market built on Solana

It boasts that you can easily enter the global real estate trading market, and you can do transactions with just one dollar. Currently, you can do transactions in New York, Houston, London, etc.

The concept is to make the real estate prices in each city into an index, and then update the price data and convert it into an index every day, so that you can make bullish or short operations based on your knowledge of real estate.

@Parcl has its own quotation update system that updates real-time real estate prices every day. It is based on a huge database with millions of data points from around the world. Directly using the real estate information published by the government will lag behind the actual price by more than 2 weeks, but it looks like The white paper does not explain in detail how to update the data every day, and the source of the data is reliable. You may have to ask in discord to get a further answer.

The basic principle of trading real estate index is that there must be counterparties. If someone buys, someone will sell. So you can also be an LP liquidity provider on this platform.

Like platforms such as GMX or GNS, the banker (LP side) usually wins, so it is also a good investment channel.

At present, the project team has not issued coins, but it is carrying out points activities. It should be directly converted into coins and airdropped to you in the future. You will get points for transactions, and you will also get points for being an LP.

If you are interested, you can use my recommended code: joshtw to get 5% points boots.

You will see this project because the NFT they sell has a pretty good trading volume on Solana, and you can multiply your NFT points by three times.

In addition, the Hong Kong real estate trading pair will be launched soon. If I open the Taiwan real estate trading pair next time, I will be more familiar with it, so that I can know whether their index is accurate.

Finally, I found out that Coinbade has invested in this project.

app.parcl.co

The current mainstream airdrop method is staking, Blast, Manta, B2, Puffer, etc., various L2 and the like

All the money will be lost by the project parties (liquidity is locked). For large investors, an annual return of 40% is stable happiness. Retail investors can only rely on buying coins. It is becoming more and more like the traditional financial market. Rich people Make money easily

Liquidity locked up = good news?