In 2017, Sun Yuchen said he wouldn’t buy a car, buy a house, or get married before turning 30.
Today, this guy says: Don’t buy boomer assets or play with boomers. Who counts as a boomer? Anyone born before 1980. What are boomer assets? Collectibles, antiques, paintings and calligraphy, real estate, stamps, jade, jadeite, and cars.
Red envelope giveaway at the bottom 🧧
My take: anything with poor liquidity is a boomer asset.
New assets must have exceptional liquidity.
Exceptional liquidity means exceptionally fast capital turnover. With 5 million, earning 10% a month and turning it over 12 times a year, without reinvesting profits, you could theoretically reach a 120% profit rate.
Even if the return is 50%, but the capital can only be turned over 1.5 times a year...
Why does the crypto industry still attract people, despite all the mixed opinions and varying quality? Because capital efficiency is extremely high, and high capital utilization can bring high returns.
For example, staking YES to mine YES: one cycle lasts 50 days, with mining returns of around 35.
Why? Because YES generates its own revenue: platform earnings, paid features, and quantitative trading. At the same time, staking burns 10% of every YES transaction, and each transaction brings in sufficient buy orders. Strong data attracts players from around the world to trade and hold together, creating a virtuous cycle.
Why are all kinds of court-auction properties and various wildly overpriced assets sitting unsold? Essentially, it’s because they have poor liquidity, so they’re not worth buying. Once you buy a fixed asset, your money is tied up in it. Wherever you are becomes home, and what you own ends up controlling you.
🧧 Follow, repost, and reply: YES
#defi #质押 #挖矿算力 #YES
Today, this guy says: Don’t buy boomer assets or play with boomers. Who counts as a boomer? Anyone born before 1980. What are boomer assets? Collectibles, antiques, paintings and calligraphy, real estate, stamps, jade, jadeite, and cars.
Red envelope giveaway at the bottom 🧧
My take: anything with poor liquidity is a boomer asset.
New assets must have exceptional liquidity.
Exceptional liquidity means exceptionally fast capital turnover. With 5 million, earning 10% a month and turning it over 12 times a year, without reinvesting profits, you could theoretically reach a 120% profit rate.
Even if the return is 50%, but the capital can only be turned over 1.5 times a year...
Why does the crypto industry still attract people, despite all the mixed opinions and varying quality? Because capital efficiency is extremely high, and high capital utilization can bring high returns.
For example, staking YES to mine YES: one cycle lasts 50 days, with mining returns of around 35.
Why? Because YES generates its own revenue: platform earnings, paid features, and quantitative trading. At the same time, staking burns 10% of every YES transaction, and each transaction brings in sufficient buy orders. Strong data attracts players from around the world to trade and hold together, creating a virtuous cycle.
Why are all kinds of court-auction properties and various wildly overpriced assets sitting unsold? Essentially, it’s because they have poor liquidity, so they’re not worth buying. Once you buy a fixed asset, your money is tied up in it. Wherever you are becomes home, and what you own ends up controlling you.
🧧 Follow, repost, and reply: YES
#defi #质押 #挖矿算力 #YES
