Bull market growing in the Doubt

$BTC

Regarding Layer 2, it is likely that there will not be much difference between ZK rollup and Optimistic rollup in terms of user experience. Users don’t care about the so-called privacy and the technology behind it, but they should care more about ‘ease of use and mobility’. At the same time, according to the logic of public chain development, Layer 2 will also show the phenomenon of the strong always becoming stronger. $arb$op

The bear market is over.

I really don’t hope that the spot ETF will be approved now. Firstly, the position is not full yet, and secondly, the market sentiment is not yet there. Even if it is approved, it may only be popular for three minutes.

The plot I hope is: ETFs cooperate with production cuts to create a real bull market~

It's actually quite embarrassing to do public chain projects now. On the one hand, the project side can only attract users with 'low gas and high tps'. On the other hand, there is no need for users (to bear risks) to use 'non-essential' dapps (unless arbitrage and speculation). .

Loosely speaking, apart from uniswap and aave, there are almost no so-called "rigorous dapps" in the encryption market.

It has nothing to do with the performance of the public chain. The rigid demand is still occupied by web2.

But if we don’t build a public chain, there seems to be nothing to do.

Buffett mentioned the "simple" way to achieve a happy life:

1. Do not consume excessively;
2. Smart investment;
3. Stay away from “toxic” people and things;
4. Maintain lifelong learning;
5. Do more things that delay gratification

Why didn’t Ma Huateng’s children become Ma Huateng?
Why didn’t Jack Ma’s children become Jack Ma?
Why don’t teachers’ children become teachers?

The trend of the times is the most important.

I’ve been reading a lot of reviews from big guys recently. Successful people are often likely to be survivors. Don't be too obsessed with the words of successful people.

Want to copy to the real bottom? You have to escape to the top at 69,000 first😀

Consider other people’s emotions, not other people’s opinions

Buy when no one cares

I am puzzled. The panic index was 22 yesterday and 25 today. 🤔Have the parameters of the panic index been adjusted?

Why is it harder to guess the bottom than the top?

I believe: top prices are driven by known events (Chicago futures, ETF futures), bottom prices are determined by unknown events (3AC, LUNA, FTX, black swans).

The atmosphere is about the same, add some positions and show basic respect for the crisis.