Today's thoughts: Trading is simple, but human nature is complicated. When making products and designing products, we are dealing with the evil, greed and desire of human nature. The enemy is not the competitor, but ourselves #以太坊ETF批准预期 #美国大选如何影响加密产业？ #WazirX黑客事件

Retribution will come sooner or later

Too Greedy

#BTC新高10W Historical Witness

Indeed, people wearing hats are really cool these days.

Token2049's essay summary

(Trust + value transfer) This is blockchain. Belief. Value is currency.

Under macro-rational analysis:
Both the project party and the VC are in a lazy state. They all know that fresh blood is needed, but they are unwilling to really invest money to do this, or they are waiting for others to do this in hardship. There is no confidence to create some new narratives, and the top V God is busy dating.
In fact, the biggest narrative is AI combined with Depin, etc. There are few players in the Chinese circle, and they are all foreigners playing, or Chinese circle activities and European and American players play by themselves. Although everyone knows that the ecological niche is becoming more and more important, what is your label?
Draw a picture. Segment the market from two dimensions: crypto native vs traditional, infrastructure vs application. Now, the second quadrant is very confused, the third quadrant is shrouded in FUD, the fourth quadrant has some breakthroughs, and the first quadrant is busy enjoying the traffic dividend. The market trend is confusing, what do you think
The current general trend is from payment to deposit, to loan to wealth management, to derivatives, to e-commerce. The path to industry is becoming clearer and clearer. For example, the Grad taxi app in Southeast Asia can support digital currency. In the final analysis, it is more rational: don't look at anything, be bullish. What applications, what ecology. What traditions. One rise can solve all worries, for example, BTC has a woolen ecology
1. Most panel guests are pessimistic about market expectations, and even worry that if there is no new innovation and new growth in May next year, the market ecology may be reshuffled and reshaped as a whole
2. Lack of innovation, the stock is concentrated at the top, the top 15 coins weighted by the number of users and market value, such as doge and shib, have fallen 70-80% from the highest point, and others are even worse (based on the data I have seen, I guess the exchange trading volume may decrease by 80% from this year)
3. Decentralized stablecoins and payment applications, two infrastructure constructions, are obvious incremental tracks
4. Second-tier exchanges have begun to hit marketing

Token2049 essay (trust + value transfer)

This is blockchain. Belief. Value is currency.

Under macro-rational analysis:
Both the project party and the VC are in a lazy state. They all know that fresh blood is needed, but they are unwilling to really invest money to do this, or they are waiting for others to do this in hardship. There is no confidence to create some new narratives, and the top V God is busy dating.
In fact, the biggest narrative is AI combined with Depin, etc. There are few players in the Chinese circle, and they are all foreigners playing, or Chinese circle activities and European and American players play by themselves. Although everyone knows that the ecological niche is becoming more and more important, what is your label?
The current general trend is from payment to deposit, to loan to financial management, to derivatives, to e-commerce. The path to industry is becoming clearer and clearer. For example, the grad taxi app in Southeast Asia can support digital currency. In the final analysis, be rational: don't look at anything, be bullish. What application, what ecology. What tradition. One rise can solve a thousand worries, for example, BTC has a woolen ecosystem
1. Most panelists are pessimistic about market expectations, and even worry that if there is no new innovation and new growth in May next year, the market ecology may be reshuffled and reshaped as a whole
2. Lack of innovation, stock concentration at the top, the top 15 coins weighted by user number and market value, such as doge and shib, fell 70-80% from the highest point, and others were even worse (based on the data I have seen, I guess the exchange trading volume may decrease by 80% from this year)
3. Decentralized stablecoins and payment applications, two infrastructure constructions, are obvious incremental tracks

It is right to go your own way, but it is wrong that you can't even walk (finally, I still hope everyone can make money steadily)

Under PVP, meme lacks a kind of momentum.
Momentum is culture, community or narrative, and under PVP, momentum becomes a scarce commodity. Binance's launch is also difficult to solve the industry's PVP dilemma.
After thinking about it, the solution must be people: there must be a good enough target to attract consensus, there must be strong enough people to participate in the consensus, and there must be enough time to build consensus.
There is only one direction in history, which is the direction that people work together.
Good narrative and good gameplay. Lack #本周美国将公布PCE、GDP数据

What do you think about this?

I was deeply touched when I saw someone else post a paragraph. It is difficult for people who really contribute to make money in this circle.

Web3 industry jargon

Apart from those summarized online, are there any jargons recently? Although the mini-games in the ton ecosystem have produced a lot of new words, I still think it is not enough.

All the analysis is just hooliganism

Seeing those so-called illustrators and analysts talking so well, I would like to ask, have you become rich after analyzing for so long?
The value of B circle itself is faith. You analyze faith and people. Are you a psychology expert? It is recommended to cancel all analysts and illustrators.

Finally, let me popularize:

Faith is usually an internal belief system of an individual or a group, involving morality, values ​​and supernatural power. For many people, faith is very personal and subjective, and may not be fully understood or explained through rational analysis. The content of faith often goes beyond the scope of logic and empirical science, so trying to understand or explain faith in an analytical way may not cover its full meaning.

However, there are indeed analyses and studies on the phenomenon of faith in academia and sociology, which often focus on the impact of faith on individuals and society, the formation process of faith, and the belief system in different cultures. These analyses are not intended to deny or question faith itself, but to better understand the role of faith in human life.

From this perspective, although the core of faith may be difficult to fully explain with analysis, studying the phenomenon of faith still has certain value.

On August 5, many countries had circuit breakers. The following two pictures will slowly show you what happened. Maintaining sufficient confidence in the market is the key.

Is the bull still there? Personal opinion

The big bull market ended in February and March this year. You can look at the trend. Many coins doubled in February and March, and some even doubled 10 times. Even if the interest rate is cut, there will not be much capital inflow. The bull market is gone. The real bull market was in February and March this year, so the bear market has begun so far
#比特币大会 #美国政府转移BTC

Binance 7th anniversary gift box is very exquisite #币安学习并赚钱 #以太坊ETF批准预期

The biggest feeling is lifelong growth.

Myself 5 years ago and myself today. Especially in this industry. Continuous learning and growth are very important/In fact, every day at work will face different challenges. You need to learn new knowledge. You need to know how the world is changing. Of course, the industry environment. It is changing. I have to keep up with this change. Focus on doing everything well in the present. (Borrowing the words of a sister, encourage myself and continue to maintain a continuous learning mentality) Come on
#以太坊ETF批准预期 #WazirX黑客事件 #以太坊ETF批准预期

The key points of the design include the following aspects:

1. Make sure the design is intuitive and easy to use, so that users can easily understand and operate the interface.

2. The design should meet user needs and project goals, and ensure that all necessary functions can be effectively implemented.

3. The visual design should be attractive and consistent with the brand image, using appropriate colors, fonts, and layouts.

4. The design should adapt to different devices and screen sizes to ensure good performance on various platforms.

5. Make sure the design is user-friendly for all users, including those with special needs.

6. Maintain consistency in design elements such as button style, fonts, and colors so that users have a unified experience during use.

7. Provide appropriate feedback to let users know whether their actions are successful or need to be modified.

8. Make sure the design does not negatively affect the loading speed of the app or website.

These key points help create a design that is both practical and beautiful.
#以太坊ETF批准预期 #以太坊ETF批准预期 #美国大选如何影响加密产业？

People who use web2 think that web3 products have a poor experience

Consider from several dimensions
1: Understand the main reasons why they think web3 products have a poor experience, and what their requirements and expectations are for web2 products.
2: Explore the problems existing in current web3 products and find solutions. For example, improve interaction and response time and simplify the interaction experience.

What is web3

Web3 refers to the next generation of the Internet, which is built on blockchain technology and the concept of decentralization. Compared with Web2, Web3 pays more attention to user privacy protection, trustlessness, decentralization, and users' control over their own data.

In Web3, users can manage their digital assets through their digital identities and encrypted wallets to achieve point-to-point value transfer and interaction. At the same time, Web3 also provides a decentralized way to store and manage data, making data more secure and private.

The core technologies of Web3 include blockchain, smart contracts, cryptocurrency, decentralized applications, etc. These technologies provide Web3 with a new infrastructure, making the Internet more fair, transparent and decentralized.

Web3 witnesses the game of power, trust and collaboration every day: in this game, everyone faces challenges and choices, honesty and fraud, cooperation and betrayal, selfishness and altruism. These seemingly contradictory forces are constantly intertwined and collided!

Today's sharing
#山寨季何时到来？ #美国大选如何影响加密产业？ #以太坊ETF批准预期 #美国6月CPI大幅降温

Thoughts

1) Big money doesn't roll. Things that make a lot of money are often not very involuted, and even get rich suddenly for no reason. The reason is that big opportunities often come from new narratives, and new narratives are not paid much attention to in the early stage. Funds are also concentrated. Once whitelists, robots, invitations, etc. appear, it means that it has entered the mid-term.

Since the end of November, there has been no big money in the inscriptions I have played, and 98% of the inscription projects don't even have any follow-up. Because the inscriptions have entered the mid-term.

2) Narratives and cycles. Crypto's narrative switching and sector rotation are based on days and weeks. Whether you try to go against the cycle in a large cycle or a small cycle, you will lose money.

For example, from mid-22 to 22, I have been playing NFT, but in fact, it was already a downward cycle of NFT at that time. Although I tried to go white, the decline of the entire NFT track caused me to suffer huge losses. Therefore, no one can fight against the downward cycle.

3) Capital cost and time cost. I always paid attention to the cost of capital before, but the biggest conclusion recently is that the cost of time is more important.

4) Avoid paying too much attention to those "painters". It is possible that they are not as good as you. There are also those who study BTC technology. Obviously, they are disrespectful to BTC.

For example, NFT and chain games require a lot of time to pay attention to the rules and work hard, but as an individual business owner (not a studio), the income is often very limited. Another example is Tugou. Tugou coins are indeed very exciting and can increase by dozens of times in one night, but 99% of them have no follow-up, and the core of Tugou making money is to be early enough, you need to watch the chain, and it is difficult to get big funds. After buying, you can't help but keep watching and wasting time. So the time cost-effectiveness is very low. It is better to spend time investing in OKX and Binance's coins, which are easier to get positions. After all, NFT has not yet had a better way to get out of the circle.

But recently, Yijie also said that AI is an innovation, and it depends on how to better implement it. Instead of the current stereotyped form.
#山寨季何时到来？ #美国大选如何影响加密产业？ #币安7周年 $BTC