It feels like Japan's debt is about to tank, let it crash already, the rate hikes are dragging on too long, inflation needs to wipe out this damn BOJ #币圈就是个诈骗圈
Japan and the UK long bond rates have spiked, and liquidity shortages are looming. If the whales can keep pumping Bitcoin, then Bitcoin is just a pile of dog poop #币圈就是个诈骗圈
Liquidity is hitting zero, and all that's left are waterfall-style wash trading. Let's go to zero, crypto space, scam arena, f**k those pump and dump schemes.
Stablecoin topic. Some stablecoins are generated through collateralized RWA, and pure securities (individual credit of enterprises and institutions) should not masquerade as commodities or currencies, as the risks are quite significant. These entities should raise funds by issuing bonds or stocks, and not muddle the waters by issuing currency. The important thing is to clearly delineate the boundaries between stablecoins and these RWA #Plasma @Plasma $XPL , which focuses on stablecoin blockchain.
Emotional trading has a higher failure rate because greed and fear will lead you to make more trades, and the probability of failure in trading itself exceeds 80%, as the saying goes, the more you trade, the more mistakes you make.
Charlie Munger's Discussion on 'Investment Patience' (Unmistakably Impressive)
Charlie Munger's discussions on 'patience' throughout his life are very classic, concise, and sharp. Below are his representative remarks and core ideas on 'patience in investing,' organized in the form of 'original quote + background + meaning' for your reference or study: 🧠 1. Representative quote (original sentence) “The big money is not in the buying or the selling, but in the waiting.” “The real big money is not in the action of buying or selling, but in holding and waiting.” 📍Source: Munger mentioned this multiple times at Berkshire's shareholder meetings (especially in the 1990s and 2000s).
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