$BTC Buffett has a saying that roughly means: in one lifetime, if you get two things right in investing, you can become very wealthy. Most people lose badly—not because they aren’t hardworking, but because they love to be busy doing the wrong things: chasing whatever’s hot today, switching tracks tomorrow, treating investing like a casino. Buffett and Munger can go for years without buying anything at all; they simply read and think quietly. In their lives, they actually got two things right:
First, they found hard-core businesses that can stand the test of time. The simpler the structure, the better—ideally something essential, with monopolistic advantages, and tied to the lifeblood of national economy and people’s livelihoods. You don’t have to be especially smart; what matters is that the level of certainty is extremely high.
Second, after buying, they hold on tightly. Compounding gains build up slowly over time—like brewing wine. If you open the lid today to take a look, and then tomorrow lift it again to taste it, you’ll never brew good wine.
But most people want to sell when prices rise, get panicked and cut when prices fall, and stare at the charts every day—till they get more and more carried away, and end up handing over fees to the brokers for nothing. People who trade frequently often end up driving a Ferrari into the ditch and getting out on a bicycle. The ones who truly make big money in the market are never the fastest madmen, but the most patient hunters. The core difference between the rich and the poor isn’t who’s smarter—it’s who can endure better. Do fewer useless actions, stand in the right position, and calmly wait for compounding to explode.
When you already know the ending, the process matters When you don’t know the ending, the ending matters most When you don’t care about the ending, the present matters most
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1️⃣ BTC at $84,837 (+0.64%). Over the weekend, it consolidated narrowly; it slipped from the $87,400 high, with repeated battles around the $85,000 level.
2️⃣ CryptoQuant: Bull Score reached 90, but spot demand is cooling. The bull market score of 90/100 is near the extreme value; spot and futures buying have clearly weakened, profit-taking has increased—watch out for a short-term pullback.
3️⃣ BTC liquidations in 24h were only $3.67 million, down 98% sharply. Market volatility has contracted significantly; bulls and bears are temporarily at a standstill while waiting for new catalysts.
4️⃣ Citigroup raised its BTC target to $113,000 and its ETH target to $3,028. The reasons cited are stronger market activity, a favorable macro environment, and a rebound in ETF inflows.
5️⃣ The market is focused on U.S. inflation data. This week’s CPI will determine the Fed’s October policy path. Recently, buyer profit-taking pressure has been rising. #Zcash现货ETF首现周度净流出9360万美元
If the price retraces to 0.0508–0.0512, then finds support and forms a bullish candle, a long entry may be comparatively better-defined.
SL: 0.0490 TP: 0.0541 → 0.0551 → 0.0570
Short: Taking a short directly right now looks like a weak setup on the chart. A short would be considered only when you get a 15m candle close below 0.0508 and the retest fails.
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Previously, when everyone looked at Terafab, there was at least some sense of “is Musk trying to take over everything himself again?” After all, advanced process nodes aren’t like building rockets, and spending money doesn’t automatically mean you can get it done. The wind direction has changed a bit now: even TSMC is researching how to get involved. Culpan’s take is that a more realistic option could be: TSMC builds the factories itself and operates them itself in Texas. SpaceX / Terafab would provide the funding, lock in long-term orders, and even hold shares together. That is to say, Terafab may not ultimately really be “Musk himself making chips.” More likely, it becomes “Musk puts the demand and the money on the table and invites the best chip makers to do it.”
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