K始皇

As a financial investor, the most important thing to know is when the market will rise and when it will fall.
As a result, everyone tries their best to find methods to judge the market, and those famous masters from various schools have long been familiar to everyone. Unfortunately, there are not many effective methods.
The reason I say this is that everyone can find materials to learn and explore, and I have almost read them all. Even what you may not have thought of, I have also read.
That is to say, when you search for lists of financial investment books, those dozens of books are always on the list.
For ordinary people, many terms in the book may be difficult to understand, let alone grasp the author's wisdom. Having read it once, let's assume I have read it and understood the general meaning, thinking I have comprehended the essence.

I have been telling you since the beginning of the year that the DEFI and RWA sectors are explosive sectors. From the approval of the Bitcoin ETF and BlackRock's entry into the RWA sector, I already knew that they were unstoppable.
Many people may still be unfamiliar with RWA. I have attached some related articles I have written before, as follows:
Historical article: Bitcoin surge is coming!
Why did BlackRock invest in RWA? One article to understand the 100-fold opportunity of RWA! The only one on the Internet!
Battle of Wall Street, an overview of RWA's potential projects and early projects!
Bitcoin production reduction, public chain, infrastructure, pledge, RWA, and compliance are the main features of this bull market! Reviewing the three rounds of bull and bear markets in crypto and looking forward to the profit rules of this bull market!

Wang Yangming said: Breaking the thief in the mountain is easy, but breaking the thief in the heart is difficult. This thief can be broken, and everything can be accomplished!
When I first saw this statement, I was shocked! Indeed, it is great wisdom.
! So how to achieve it?
Wang Yangming provided a methodology: one must grind in affairs to stand firm, so one can be calm when still and steady when moving.
This is the essence of Wang Yangming's heart learning. In fact, Zeng Guofan's life wisdom is also here. Only then can one achieve the unity of knowledge and action!
Last night in the disciple class, we talked again about Graham's (The Intelligent Investor):

In summary, it is: good framework + good emotions!

We have repeatedly emphasized since the beginning of the year, including the last two months, that DEFI and RWA will be the explosion points of this bull market!
Recently, these views have been validated! The logic is simple: the main problems that blockchain can currently validate and solve are data information and asset storage, transfer! Other applications, due to infrastructure, market, etc., are difficult to quickly and scalably land! The flow of assets is inherently the business of financial institutions! Whether traditional financial institutions or decentralized on-chain financial institutions, they play an important role in this! Look at traditional financial giants; securities, insurance, and banks are super large companies, so the corresponding on-chain financial institutions will also follow this trend!

The Binance desktop login has been abnormal these past few days, and the article has not been updated here. The public account remains uninterrupted!
If you've followed me for a while, you know that what I write essentially reflects my investment principles, summaries, insights, or reviews of industry information and market trends.

So some people find my articles very practical, indicating that they also have market experience, but their summarizing ability or depth of experience may be less than mine. Therefore, when I speak, they understand.

I am a person focused on investment and trading; the market has educated me countless times. I rarely write about messy things. Although sometimes I may try to get some traffic, I am clearly not good at it; I am still looking for resonance!

Today is the last May of the year, and the altcoins have fallen, while Bitcoin and Ethereum are as tough as dogs!
So let's take a look at the metaphysical problems of the crypto market this year. It fell every 5 days and fell to the monthly bottom! So is today also a good time to increase positions? Let's review first:

There was a big drop at 7.5, a sharp drop at 8.5 (49,000 was formed on this day), and there were also drops at 9.5, 10.5, and 11.5.

The same thing is that the bottom formed on the 5th is the lowest position of the month, and it will continue to rise higher and higher!

Today, although Bitcoin and Ethereum did not fall much, the decline of altcoins was still quite a bit!

According to this historical law, today would be a relatively healthy and reasonable price for building a position!

In 1602, the famous East India Company established the Amsterdam Stock Exchange in the Netherlands, which was the first stock exchange in the world! Before that, equity trading in the Netherlands had lasted for nearly 100 years!
On December 19, 1990, the Shanghai Stock Exchange was established. It is the latest stock exchange in a major country in the world! This time difference is nearly 390 years, or 4 centuries!
In 1492, Columbus landed in North America and easily ruled the Native Americans with advanced thermal weapons! But this was the eastern part of America!
Nearly 400 years later, in 1860, their descendants began to move westward and wiped out more than 10 million Native Americans in the western United States! This was also the famous Wild West era of the United States, and cowboys became known to people from this time! At this time, the Amsterdam Stock Exchange had been in operation for 260 years!

Arthur Hayes is the founder of BITMEX and the creator of perpetual contracts in the crypto market. Let us first learn about the story of the man known as Xiao Hei and his recent views on DEFI, which has led to the birth of new applications in blockchain in 2020. It is like people entering the Alipay era from the bank card era.

Arthur Hayes' story is not only a legend in the cryptocurrency world, but also an adventure that spans the world of traditional finance and cryptocurrency. His rise, peak and controversy are like a complex drama, full of ambition, wealth, power and legal entanglements.

"No one can truly own a Patek Philippe, it is merely kept for the next generation." This conveys the concept of its eternal value, indicating that it is not just a watch but a form of heritage.
A Patek Philippe super complicated watch was sold at Sotheby's auction for about 147 million RMB, setting a record for watch auctions and showcasing its rarity.

Just yesterday, I remembered this classic advertisement slogan. I thought, isn't this just talking about Bitcoin?
Every Patek Philippe watch has a serial number, and every Bitcoin block also has a serial number. Traceable Patek Philippe, just like traceable Bitcoin.

The recent continuous rise in Bitcoin prices, along with Trump's series of commitments to the crypto market before running for president, has made Bitcoin very popular! Although people who do not understand Bitcoin still have doubts about it, they cannot stop the onset of the Bitcoin era. The doubters always think they are very smart, claiming Bitcoin is used to harvest the world, always talking about American schemes! The fact proves that those who missed out on Bitcoin simply lack sufficient understanding. We say money is smart; in addition to the world's largest asset management company BlackRock, Fidelity, and a host of major Wall Street institutions applied for Bitcoin ETFs at the beginning of the year, Hong Kong also approved an ETF in April. The most eye-catching is the listed company MicroStrategy, an American IT company. As of now, according to its holding addresses, it owns 76,112 Bitcoins, worth approximately 7.31 billion dollars. Today, due to Bitcoin's daily increase, its profit is approximately 300 million dollars! Money is not earned; it comes with the wind!

From last October to this November, OM has risen by 266 times. So, when it was said that the bull market began last October, it was indeed a great opportunity. But at that time, I did not understand OM! This round of MEME has been unprecedentedly crazy, mainly benefiting from the liquidity building in the early stages of DEFI and the development of various DEX infrastructures. In 2020, we old-timers were overshadowed by the newcomers in the crypto space! The old crypto circle talked only about Bitcoin, Ethereum, BCH, and Litecoin! The newcomers talked about DEFI, lending, and liquidity pools! At that time, many public accounts were focused on analyzing Bitcoin, Ethereum, BCH, and Litecoin. The newcomers were busy with staking, sniping new tokens, and having a great time. The old crypto circle genuinely couldn't understand why the newcomers were so interested in vaporware. The newcomers thought the old crypto circle was just holding onto a pile of worthless antiques, like the remnants of the Qing Dynasty with no power! There was mutual disdain and a lack of understanding! In 2020, it was the prelude to the crypto market's soaring! Later, the old crypto circle disappeared because they failed to hold onto their Bitcoin and Ethereum! The newcomers also disappeared because most of the vaporware crashed! The mutual disdain was justified! In 2021, everything could be NFT, largely because DEFI laid the groundwork for the liquidity of crypto assets. Ultimately, NFTs are just the on-chain version of JPGs; don't even mention collecting, it's akin to the postal currency scams that were rampant back in the day! Of course, NFTs have a future! But if you want to make money quickly and catch the trends, you need to accept new things quickly! Thus, the lesson learned by the old crypto circle was to promote new rather than old! This led to many slogans during the heated moments of this bull market! As we all know, this slogan has caused considerable harm in this bull market! New coins were overvalued, and applications were not grounded! When Bitcoin corrected, new coins plummeted by 90%! You see, the old crypto circles barely managed to cut their losses, yet they still ended up as fake foreign devils! It would have been better to hold onto Bitcoin, which has also brought in substantial earnings over the past few years! From a cyclical perspective, Bitcoin's bear markets are opportunities; in the long term, Bitcoin's bear markets are negligible, while its growth potential is an unknown! From an industry perspective, apart from Bitcoin, different stages of the industry can indeed bring numerous opportunities, such as technological innovations, issuance methods, traffic dividends, policy changes, and so on! You often hear some people use the term 'zero' to educate newcomers; some fear MEME, while others love it. Just like I discovered in the last bull market, MEME is actually not scary; what's scary is not recognizing the developmental forms of MEME coins! New industry developments are not all scams; they are merely a new scenario for assets! That being said, OM (MANTRA) is part of the RWA sector. In April, we spent a lot of time discussing RWA. We believe that DEFI and RWA will become extremely important due to favorable policies and the development of ETFs! We spent almost the entire April talking about RWA! Looking back now, our judgment at that time was correct! Different stages of the industry present different opportunities! In 2020, Grayscale was one of the first institutions on Wall Street to enter the secondary crypto market; they were staking their claims in the new territory and creating significant profits. Thus, the Wall Street sharks, smelling blood, emerged in this round! Grayscale also selected some cryptocurrencies they believed had potential; let's take a look:

The DEXX escape incident happened at 5 am today, and I was still awake. I sorted and sent the news as soon as I saw it! Later, the cryptocurrency circle exploded, which is understandable.
Blockchain security audit company CertiK issued a statement on X saying that it had recently received a large number of requests for help from DEXX platform users, who reported that their account assets had been cleared.
CertiK has verified that the security incident occurred on the Solana chain, but the chain is not within the scope of CertiK's audit coverage. CertiK said that the main reason for the incident was improper private key management on the DEXX platform, which led to the leakage of the official private key.

According to market news, the on-chain trading terminal DEXX was attacked, and multiple users confirmed that their funds were transferred.
The scope of this attack is not limited to the Ethereum chain, and the transferred assets are not limited to mainstream currencies.
DEXX official Twitter has released an announcement that it has indeed found that user assets have been transferred, and the audit company has intervened. More relevant information will be revealed later! But what users are currently concerned about is whether the stolen coins will be compensated!

Dexx is a full-chain Memecoin trading platform that supports multiple on-chain assets such as SOL, ETH, TRX, BASE, BSC, etc. It mainly promotes its functions such as on-chain mobile stop-profit and stop-loss, hot concept push, smart wallet tracking push, doubling of capital, one-click anti-pinch, and one-click buy and sell.

Yesterday I was chatting with a friend who is in the gold business, with dozens of gold shops. It's a family business, and it's doing pretty well, with shopping malls, factories and so on.
The reason for the chat was that over the years, I have always made correct judgments about the price of gold.

For example, at the beginning of the year, I told him that the price of raw gold would rise above 600. At that time, the price of gold was 540, and the highest point in history was 580. This was a rather shocking prediction, so he did not believe it. Later, the price of gold broke through 600 and reached the range of 620-640 that I predicted later.
For him who is in the jewelry business, he made a lot of money in the past few months. So next, he wanted to make a bigger investment and wanted to talk to me about the gold price. A while ago, I told him that it would fall, and sure enough, gold fell sharply!

2010: Bitcoin collapsed and fell to $10; 2011: The Bitcoin bubble burst and fell again to $100; 2012: Bitcoin was finished again and plummeted to $500; 2017: The Bitcoin scam ended and fell to only $4,000; 2021: On June 22, the century scam Bitcoin collapsed again, and its value was only $28,800; 2024: On October 19, the biggest scam in human history, Bitcoin collapsed, and its value was only $68,000. The century scam Bitcoin collapsed in 2024: On November 9, it collapsed 770 million US dollars, and it was over today. It collapsed by 89,000+ US dollars, which was terrible. It broke through 90,000 US dollars+ (about 650,000 RMB) in the early morning of November 13. It collapsed bloodily. Holding Bitcoin is the century scam...

Musk and Donald Trump jointly initiated a program called the 'Department of Government Efficiency' (D.O.G.E). This plan aims to conduct a comprehensive financial audit of the federal government and propose suggestions to reduce waste, fraud, and unnecessary expenditures. Trump announced the plan in a speech in New York, which originated from Musk's proposal on X. Musk stated that he is willing to participate in this plan without seeking any compensation or title, emphasizing his determination to simplify government operations.

Today, Trump stated that Elon Musk and Vivek will lead the Department of Government Efficiency.

This morning, Bitcoin broke $89,500, setting a new historical high. This has already been the Nth time this month it has broken the previous high!

At the same time, Bitcoin's market value has surpassed silver, becoming the 8th largest market value in the world!
As electronic gold benchmarked against gold, the world's largest asset management company BlackRock's Bitcoin ETF market value has officially surpassed the gold ETF! It took 10 months!
Today, I don’t want to talk about the value and financial logic of Bitcoin anymore. For someone who doesn’t understand or is pretending to be asleep, you cannot wake them up.

I just want to say, Bitcoin proves its value to the world through its rise!
From now on, Bitcoin has no resistance levels, only support levels! Looking back, all positions were cheap enough, today is so, and the future will be so!

Let's first recall Trump's cryptocurrency promises during the campaign:

This is the attitude of the world's first super leader towards cryptocurrency.

Back when the Bitcoin ETF was approved, we already knew that Bitcoin as a commodity had been accepted by traditional mainstream governments and markets, and would experience rapid growth. At that time, Bitcoin started to rise rapidly from around 30,000 dollars, breaking through the historical high of 70,000 dollars!

The current market reaction is also particularly swift, breaking through two round numbers, 70,000 dollars and 80,000 dollars, in less than two weeks, which quickly validated our prediction of 80,000 dollars at the end of October!