Right now I’ve taken a boat across to Eastern Las Vegas Macau. The two-day Hong Kong Bitcoin conference has just wrapped up, and I’m here in Macau to have some fun.

Those retail traders only care about making money—talking about the future, talking about ideals. Me? I’m not big on talk. I just go straight for practice. Just do it.

On the second day, the Hong Kong Convention and Exhibition Centre saw a noticeable cool-down in foot traffic—clearly not as good as the day before, just like the pullback in the market. This time, the scale of the Asian Bitcoin Summit is smaller than the Hong Kong carnival back in April. Both group leaders attended throughout the whole event, so they have the right to compare and speak from experience.

It turns out that even the success-education guru Chen Anzhi showed up, but many people didn’t even know he was there. That’s truly disappointing. How many years ago, Zhao Changpeng and Sun Ge couldn’t even be bothered to polish Chen’s shoes—back then they weren’t even worthy. And now it’s 20 years east of the river, 20 years west: the feng shui turns. Even someone young like Justin Sun has now become a member of the CNDC/China Securities-related circle—people aren’t interested in whether the K-line goes up or down; they’re more excited to discuss someone else’s 30-million-yuan wedding dowry gossip.

This time, I didn’t even have the interest to take a photo with Sun Yuchen. He really knows how to market himself—he’s afraid everyone will forget him. He got knocked out by the influence of CZ Changpeng, right? Didn’t expect him to have such thick skin—he even turns his own private surrogacy story into a headline. I admire it. I’m completely convinced of Sun brother.

Jing Tian, Jing Tian—are you really a celebrity, or are you basically the same as those “go-go” girls in Macau, just with a price several times higher? Oh, I don’t like talking about this kind of thing. The team leader is a proper business blogger, not those reporters in the exhibition centers that churn out gossip.

Hey, I just happened to run into an old friend, Mike, who flew in from Bangkok, Thailand, at the venue this afternoon. He’s already fully settled overseas. If you want to learn fundamentals, Mike is absolutely the authority at the top of the charts.

Maybe it’s because I’m a bit sensitive. Just now when I was on a boat at sea, the announcements only played English takeoff/boarding prompts. It seems that after all these years, the British influence on Hong Kong Island is still huge. I can see that some people with yellow skin—Chinese folks—have gotten used to English. This is the power of the environment.

I changed my plan: if I make 10,000 in AUD, I’ll stop at 30,000. I don’t know whether this time luck will stand on my side—this is real mental chess with the casino. I’ll talk to you about this thrilling topic tomorrow.

Thinking back to Hong Kong—last night the hotel was basically a postage stamp. The room felt like only 5 square meters. On the bed, the legs of the taller one couldn’t even extend properly. Even the tiny washbasin was ridiculous—the utilization rate of every inch of space is incredibly high. Like Sun Xue, they don’t seem to care about comforts.

Sun Yuchen really isn’t a classy person. In essence, what he plays is the art of manipulating people through tactics and manipulation. Jing Tian didn’t expect that the higher you are, the harder you fall—Sun brother turned around and made her an advertising spokesperson instead. As for web3, everyone doesn’t really study the market trends; they’re just watching the show like onlookers waiting for drama and gossip to unfold.

I feel like the East and the West are split apart. Many projects from those foreigners that we want to understand are impossible for us to truly fit into. They want to preach to us, but they’re stuck and can’t do anything about it. The core purpose of this summit is aimed at foreigners. Us Chinese people feel like we’re just extras.

There’s also another group of old guys and aunties from Sichuan with the local accent, all shouting slogans at the venue. The foreigners probably looked completely confused. They don’t know that Chinese projects’ “plates” are all made this way to hype things up. After they go back, they can tell stories to recruit people back home to play along with CX.

The strangest thing is that in a corner of the exhibition there’s even a special booth area for a “card” game. Hey, how many of you lettuce-heads actually play cards? I’ve never played that game. Are they here to fill the crowd and make the place look busy, or are we just watching a blockchain comedy?

Just now when I tried to withdraw coins, I couldn’t receive a phone verification code at all. What kind of crappy China Unicom data bundle is this? They sent the money to me, but when I can’t transfer it out—of course the other party must be anxious. They thought I ran away. Hahaha.

Sometimes, it really isn’t convenient when you’re abroad. Luckily I brought a charging adapter. If I hadn’t brought my passport last night, that Filipina service worker who only speaks English would’ve insisted I provide an English identity. I showed her my Hong Kong–Macao travel permit and the hotel reservation order number, but none of it worked. These are their rules!

Hong Kong is a place where the rule of law matters. Even people don’t dare spit anywhere; they’ll get fined. I’ll try—hey, I didn’t expect that out of nowhere a woman would appear. I paid her off to settle it. But those investors who got conned by the Star Bridge forex broker didn’t have that kind of luck. The Hong Kong office is already empty—no people, no place. The boss probably already took the 2 billion and is hiding on some island.

From start to finish, that fake gold technology was just packaging the trap—an entire scheme wrapped in a lie. Even I almost fell into that pit. And recently, the veteran driver who explained that project to me in Zhengzhou has also vanished into thin air and can’t be found anymore. Thinking about it, sometimes it’s better to avoid connecting too many people. Everyone is different, and you can’t guard against all kinds of traps.

After the big pie surged to 81,500 USD, it entered a 4-hour pullback. I’m currently down floating losses. Don’t rush in, okay? If you feel something’s off, cut your losses—stop-loss is stop-loss. When the daily chart breaks below the 5-day MA line, you need to pay attention to the risks. The market maker—there’s no way they’d let everyone make money happily and easily.

Whether it’s Zhao Changpeng—the “teaching leader” of web3 Mingjiao—or Sun Yuchen, the “Evil Lord” from elsewhere in the East, and so on. When you strip it down, their wealth is nothing more than making money off the people’s mother hen that gets slaughtered after everyone gets liquidated. It’s not fundamentally different from the business Huo Qi of Macau’s gambling king Ho Hung-sun was in.

And you and me are destined to be the fish on the hook in the hands of the scythe-wielders. They don’t even care about that little fee—just like in Macau where there are red-and-blue tables with no water-pumping charge. So how do they make money in the end?

Knowing there’s a tiger in the mountain, yet you still choose to charge into the tiger’s den—that’s the fate of retail investors. Even though I’m already not addicted, I’m still preparing to walk onto the trading table, like a financial speculator who is marching toward death and destiny.

After Hong Kong puts on a show of (A Big Era), the team leader is immediately set to appear in the 2026 version of (Shanghai Bund: Duel to the Death). Weakly asking: who here can do special abilities?