This episode of Binance Lounge is packed with insights—the guest is Ms. Ye Tan.
Some crypto natives may not know Ms. Ye Tan. She’s highly accomplished—having served as an editor and chief commentator at National Business Daily.
This media outlet is one of China’s top-tier financial media organizations, renowned for its deep expertise and influence in the industry, with over 100 million followers across the internet.
People in the industry have given Ms. Ye Tan the captivating nickname “Finance’s Female Knight.”
After listening to the whole conversation, I found Ms. Ye Tan very humble, and some of her remarks were truly thought-provoking.
Next, I’ve compiled the key remarks from this interview for everyone:
1. True courage has never been about dramatic swings, but about steady progress over time.
This also applies to the crypto industry; we’re just using a different way of saying it: “not leaving the table.”
2. Success in other people’s eyes may not be success. Everyone needs to set their own standard. Everyone’s standard of success is different, and success should never be measured by wealth alone.
This really resonates with me. For young people back then, was having a car, a house, getting married, and having children considered success? Maybe living the life you truly like is the real success.
For Big Cousin, is the so-called rich list a sign of success? I don’t think so. I think Big Cousin is more likely trying to promote the crypto industry and education worldwide.
Just by the fact that he drives a Nissan, you can tell that given Big Cousin’s net worth, he could drive a Rolls-Royce or a McLaren without any issue, but he doesn’t need to.
3. Choosing an industry to start a business should not be driven by the need for wealth, but by passion and skill.
4. Real estate is no longer an investment category, but an essential consumption good for life, which is very important.
Food, clothing, housing, and transportation — housing is very important, but homes are no longer a financial asset.
5. Investing requires finding an approach that suits your own abilities and personality.
Some people are kings of short-term trading, some get rich from long-term investing, and some are Meme masters. Everyone has their own way of making money and their own investment logic.
To achieve unity of knowledge and action.
6. Analyzing AI stocks requires looking from multiple angles such as macro conditions and corporate financial data. If the analysis is wrong, adjust it; if it is right, keep going.
The market is the result of a combined force, and even Musk cannot change the trend of the U.S. stock market.
7. This rate hike may not necessarily push the market into a bear market. Historically, rate hikes have led to bear markets, but this time it depends on where the market is heading — which “safe island” it will go to.
My understanding of this “safe island” is looking at which assets capital is flowing into that have high certainty, strong anti-risk capability, or strong fundamentals.
8. How can ordinary people avoid falling behind in the sixth Kondratieff cycle? Everyone needs to find their own ability; if you don’t have that ability, then imitate those who make money. As long as the market exists, opportunities exist.
9. People in every era are anxious, and every age group is anxious. Anxiety has never been the “privilege” of just one generation.
This is true as well. For Chinese people, wasn’t it anxious to be born in the late Qing and Republic of China era? For the generation of grandparents, wasn’t it anxious to endure the Cultural Revolution? For our parents, wasn’t it anxious to witness the wave of reform and opening up?
Every generation has its own anxieties.
10. Live well in the present.
