Long-termism isn’t slow—it’s steady. Using time as leverage and focus as the foundation, you accumulate through compounding and unleash results through persistence. True great wealth belongs to those who can see farther, hold steady, and keep going for the long haul.
What really widens the gap in wealth isn’t diligence, but choices and patience
Buffett has repeatedly emphasized a simple truth: Real wealth accumulation doesn’t require doing countless things correctly. The key is getting a few things right—and sticking with them for the long term. For many people, the problem has never been that they aren’t hardworking enough; it’s that they love to stay busy recklessly and often. Chasing the trend today, switching tracks tomorrow;
When prices rise, they fear missing out; when they fall, they rush to cut losses.
Making investing into gambling, and turning trading into an outlet for emotions. And what Buffett and Munger are truly great at is precisely their ability to wait. They can go years without making a move—quietly read, think, and wait for the real opportunity worth betting on.
🌅Saturday morning light, sink in and gather strength🍃 As market conditions shift and turn unpredictable, real confidence comes from the knowledge you accumulate day by day📊 Don’t chase fleeting hot trends, don’t blindly follow short-lived noise✨ Stay patient, work diligently in silence—time will reward those who persist💛 Together on the way, we move steadily toward the distance that’s ours🌟 #比特币资金费率升至10%未平仓合约回升
🌹Hope is a light that shines, Kindness is a heart that beats, Together, they illuminate the path, And guide us towards a bright future. Iwish you the best.🌹
After the Non-Farm Payrolls came out, my biggest takeaway is that the Fed has even more compelling reasons to hold steady in October.
First, let’s look at a few key figures. Non-Farm Payrolls increased by only 29,000, far below the expected 84,000. The unemployment rate rose to 4.2%. In addition, revisions over the previous two months total a downward adjustment of 60,000. In the interest rate swap market, traders now price the probability of a rate hike in October at just 17%. Even more striking, the Kalshi prediction market prices a higher chance of holding rates steady in October at 85%.
The CME FedWatch data change is also very straightforward— the probability of keeping rates unchanged in October rose from about 76% the previous day to 86%.
In fact, before the Non-Farm Payrolls were released, Fed officials had already been signaling this. New York Fed President Williams said there is “no need for urgency” around the next rate hike, and Vice Chair Jefferson also noted that policymakers need more time to observe the data. Allianz Chief Economic Advisor Mohamed El-Erian commented as well that this set of data will further reinforce the impact of recent Fed officials’ remarks, and market expectations for an October rate hike are cooling.
However, keep in mind: this Non-Farm report only makes rate hikes feel “less urgent,” but it does not mean a policy turn. Inflation is still the Fed’s top concern. While the probability of no move in October is high, how things play out in December will depend on subsequent inflation data.
Electrum has released security update v4.8.2, but some Bitcoin self-custody users still need to take manual action by updating their channel backups.
A defect in older backup files could prevent users from recovering funds in anchor channels if a remote peer suddenly closes the channel. Because non-deterministic Lightning keys cannot be recreated strictly from a wallet seed, individual channel exports and full-wallet backups created under specific conditions lack the critical payment-key data needed to sweep coins back to the main blockchain.
This primarily impacts wallets using BIP39 seeds, imported private keys, or Electrum wallets generated prior to version 4.1.
For active Lightning network users, backup integrity is critical. A failure to sweep outputs after an unannounced channel closure directly puts user balances at risk, serving as a reminder that off-chain scaling solutions still require careful backup management.
Have you checked your Electrum Lightning backup settings recently, or do you prefer fully automated channel management?