After gradually liquidating Bitcoin before the end of October, I started planning future directions these days. Last month, I also had my family liquidate both Taiwan and U.S. stocks. Although my family is not interested in investing in Bitcoin, they will at least fully follow the stock actions. For the cryptocurrency market, the bear market is often the real stage for accumulating wealth. The bull market can actually lead to losses, like last month when I took a hit due to a black swan event. From now on, I will maintain a rhythm of withdrawals every day, and by the end of the year, I might buy some Japanese yen. Leaving a small position to continuously stay in the crypto space looking for opportunities. Many people have a blind spot, thinking that the bear market means no money can be made, but in the crypto space, it’s actually the best time for airdrops and engaging with projects. I also gained more confidence in Solana because I participated in Jupiter in 2022 and 2023, which is why I dared to increase my positions at that time. During the process of participation, you will gradually become more sensitive, as long as the projects after the bear market are still alive, you will know which coins can be stashed for the future. If you don't have that much time to keep up with the rhythm of the crypto market, the most brainless approach is: 1. Take advantage of this year to make good money, and don't act just yet. 2. Wait for a major bottom next year to go all in on Bitcoin. 3. Set aside some living expenses each month, and continue to DCA Bitcoin with the rest. The process in between can be quite boring; if you want to feel involved, then when the news starts reporting about a surge, reduce your holdings a bit, and when the news starts reporting about a crash, buy a little back. Finally, at the end of the 2029 cycle, cash out completely. $BTC $ETH $SOL
Buffett has once again become a legend for investing in the 'five major trading companies' of Japan!
In the context of various tech stocks surging wildly,
Buffett previously reduced his holdings in tech stocks and continuously increased his positions in traditional industries, only to be labeled as an outdated old man.
Especially when he built his position in 2020,
compared to the current level of attention, at that time, no one was watching Japan in the global market, nor was anyone praising the trading companies.
Recently, after the high-profile victory of the Sōma election,
these five major trading companies have surged again.
Looking back at the return rates, the most outrageous is 'Marubeni,' this old brand in traditional industries.
Since he held it, the stock price alone has nearly increased by 10 times,
not counting the dividends...
What Marubeni excels at is:
1. Food 2. Energy 3. Infrastructure 4. Raw materials
Is this the charm of investing in major trends? Its explosiveness is completely on par with growth stocks.
Moreover, other trading companies have also seen exaggerated growth,
Buffett has averaged about 7-8 times the increase.
And he is continuously eating three bowls,
now everyone's attention is completely focused on AI, memory chips, low-orbit satellites, and so on.
Berkshire's cash position is still over 30%,
and Buffett is still holding a lot of short-term debt, not buying long-term debt.
He is optimistic about the decline in long-term debt prices, predicting a significant drop in the stock market in the future.
If there is a major drop,
the volatility in traditional industry stocks will also be very small, only tech stocks will be more significantly affected.
After reviewing this layout,
one can only say that the god is indeed a god, the stable cash flow of the real economy,
is so stable that it’s beyond belief, and the increase is also extremely exaggerated. $BTC $TSLA $ETH
Gold and silver are rebounding significantly, how should we respond next?
The previous article mentioned that I placed an order to buy gold at 4680 and another order to buy silver at 80.
I am very optimistic about precious metals and very bearish on Bitcoin.
I have already published a few articles bearish on Bitcoin, and I feel that if I keep publishing, it might offend people, so let's leave it at that for now.
Currently, my overall position has increased the metal allocation to 55%.
I plan to hold on to my precious metal positions until before the US elections.
The next article will mention why I will clear out before the elections.
If anyone followed along with me, my thought is to hold for a longer period.
I won't guess short-term fluctuations for such a great opportunity to pick up chips.
The recent days of market fluctuations are actually necessary tactics by the big players.
If they don't pressure the prices and wash out retail investors,
there might be a risk of 'delivery squeeze' in the future.
With physical gold and silver being so hard to buy,
paper gold and paper silver dominate. If the futures prices align with the physical prices,
then if retail investors squeeze for physical delivery, the exchanges definitely won't be able to fulfill it.
To maintain the paper gold system to keep functioning,
the Chicago Exchange must tearfully harvest from retail investors chasing highs; after removing the leverage, the burden lightens.
After institutions tearfully harvest, the script still needs to continue.
Next, we just need to wait patiently for March,
I personally have high hopes for the next wave of metal bubbles,
it is still far from the level of a big bubble,
the harvesting scam of capitalism still has a few months to go,
Why shouldn't retail investors place too much trust in institutions and whales' accumulation?
For those in the crypto world,
Strategy continues to accumulate Bitcoin, BMNR keeps accumulating Ethereum,
Many people will say:
"Institutions are accumulating again, it definitely won't drop below a certain price"
Or they pull out on-chain data,
Convincing themselves which whale is accumulating again, or hasn't sold, using this as an indicator.
But in fact, institutions are institutions, whales are whales, and you are you.
The goals of institutions and whales are both aimed at "long-term investment",
Institutions don't care if it takes five or ten years, and it's not even their own money.
For whales, they've already made a fortune early on,
For them, what's left is already profit, and they no longer need to trade in waves.
When liquidity is low, they certainly won't plan to sell.
Because once they sell, it's like shooting themselves in the foot, causing panic and further reducing profits, or making it harder to raise more funds.
But we retail investors are different,
Our funds haven't yet reached our dreams and goals,
We definitely need to exit during the bull's tail and enter during the bear market.
Once our financial goals are met, as per personal desires,
Of course, we can learn to hold like whales, because we have the confidence.
For example, Baoyi sold part of his Bitcoin a few years ago,
The money is already enough for his whole family for a lifetime,
The remaining tens of thousands of Bitcoins can of course be kept in a trust or cold wallet.
Everyone's financial situation is different, and strategies will naturally vary. $BTC $ETH $BNB
Bitcoin plummeted to 75,000 early in the morning, finally able to further confirm my viewpoint.
This month when Bitcoin surged to 97K,
I mentioned in my community that by the end of the month, we might see a price starting with 7.
A few months ago, I mentioned the arrival of a bear market on social media or in groups,
and was met with a lot of public backlash every day.
At that time, as soon as I published a 'bearish' viewpoint, there were people criticizing me, and I would see trolls calling for me to quit following.
Aside from the black swan event caused by the exchange failure on 10/11, which exceeded my ability to assess,
subsequent calls to clear over 110,000, shorting at 106k, taking rebounds in spot trades three times, as well as buying the dip in gold and silver yesterday.
I have done my best to share what I have learned.
I know that shouting bearish viewpoints at the end of a bull market will certainly be disliked,
and I also know that from the current emotional perspective, retail investors definitely want to see bullish viewpoints.
But I will speak what I see, and I cannot say anything insincere.
It feels pointless to keep updating, so I decided to go travel and relax.
Now I can finally prove my view,
I know the bulls must be feeling bad now, just handling spot trading is very painful,
writing this is not to mock others; I do not like to be the person who kicks someone when they are down.
I just want to vindicate myself from three months ago; I owe it to every reader who has been following my writings for a long time.
Every time I see many thank-you messages on IG, I feel warm inside.
After reading, I will get energized and continue to remind everyone of the risks.
This wave of decline is just the beginning; I will update my views after waking up. $BTC $XAG $PAXG
Silver fell more than 30% in one day, the opportunity has finally arrived, let's get on board!
Although I am optimistic about precious metals this year,
I have been hesitant to heavily invest in gold, only buying in batches, and I haven't bought any silver at all.
In previous articles, I mentioned that we must definitely hold back, as institutions will liquidate their positions at the end of the month, the old man is very cunning.
I have been waiting these past few days, telling everyone in the community not to rush,
If it doesn’t fall, just continue to wait; there will definitely be opportunities starting with 8 for silver,
Yesterday I placed an order for 80, and today there was suddenly a big waterfall.
The time spent studying metals these past few days has not been wasted,
Gold has again dipped to the 4xxx range.
As mentioned yesterday, if there is another chance to buy silver starting with 8 and gold starting with 4, it will definitely be a great blessing.
Currently, half of my position is in metals, leaving half in cash to continue observing.
No rush, just wait slowly, and watch the market makers perform their liquidation,
This wave has come quickly and urgently, which makes me even more optimistic about the performance of metals in the second half of the year.
If metals perform well in the second half, and Bitcoin happens to be at a low point,
It will be a perfect opportunity to jump between them, continuously maximizing the efficiency of every dollar invested.
I also added a bit to gold at 5050, and I am waiting to add a bit more at 4680.
It's really convenient that the exchange allows direct trading of metal tokens,
Like now when the US stock market is closed, you can't buy anything, but the exchange is available for trading 24 hours.
Having completed the bottom fishing, good night! $XAG $XAU $PAXG
The FOMC announced yesterday that there will be no interest rate cut. Is there still a chance for a rate cut this year, 2026?
I must say that market predictions are indeed very accurate,
it was almost certain 100% that there would be no rate cut a few days before the FOMC meeting.
Now we can see the Federal Reserve's decision,
perhaps there is still a high probability of no rate cut until March.
To conclude— I believe there is a 'high probability of a rate cut this year'.
Referring to truflation, this is a continuously updated measure of inflation,
the official CPI usually lags behind the actual market progress by about 3 to 6 months.
Currently, the real inflation is around 1.18%, which is extremely low inflation.
When the CPI catches up, the FED will need to respond to the demand for a rate cut, which will also take around 3 to 6 months.
However, besides inflation and political policies,
there is one major point, which is for 'financial stability'.
Before a rate cut, although not absolute, there is usually a wave of significant market turmoil,
and if it is for financial stability, in other words,
even if there will be a rate cut this year, there is a high probability that a correction will occur first, before the real liquidity will be unleashed.
For example, the internet bubble in 2001, the financial crisis in 2008, and the COVID-19 pandemic in 2020.
This is also why I haven't considered buying back Bitcoin and US stocks until now.
Of course, even though I am empty-handed this year,
I am optimistic about the abnormal phenomenon in the market where gold will soar, which I have previously written about.
If there is an opportunity for such a wave of market turmoil, it must be seized well,
and after seizing the opportunity in the second half of the year, it will quickly rebound due to the rate cut. $BTC $PAXG $XAU
10/11 The artificial black swan event has left the crypto world in complete silence.
Cathy Wood pointed out that the main reason for the $28 billion liquidation in the crypto market was due to a failure at Binance.
Although some time has passed since that incident in October,
the overall sentiment in the crypto market has plunged into a state of extreme gloom.
Because of that incident, after mid-October, I believed there was no way out, so I liquidated all my assets.
The current gloomy sentiment feels even worse than during the FTX incident in 2022, the collapse of Three Arrows Capital, the Luna incident, and the suspected blow-up at Grayscale.
Although Bitcoin fell to over ten thousand in the last bear market,
at least long-term holders are not afraid at all and have great confidence in leverage and exchange derivatives.
Now many people are continuously withdrawing from the crypto market,
only daring to trade spot on exchanges and completely afraid to open any leverage.
It’s not that leverage is necessarily bad, but opening leverage on exchanges is inherently unfair to retail investors.
Including myself, I really like to use staking and lending,
if I had absolute trust in leverage, I would definitely:
Buy good gold → Borrow Bitcoin with gold → Sell Bitcoin for stablecoins → Put it in green leaves or other higher interest places.
I would definitely arbitrage like this, but now I am exceptionally conservative.
The next Bitcoin bull market will definitely be related to market regulation.
The next lifeblood and capital energy
must be advanced through legal and compliant means for the general public to dare to heavily invest.
The past decentralized ideals have been dismantled,
in the end, it still relies on centralized support, which is truly lamentable. $BTC $ETH $BNB
Is gold about to pull back? How to judge the true "shoeshine boy" theory?
Since I got into gold at 4600 two weeks ago,
the price of gold has skyrocketed, and I've been hearing others talk about shoeshine boys,
from 4600 to 5600, and the shoes still aren't clean.
Many people, as soon as they see something surge and they’re not on board,
start shining shoes, and they're ready to escape.
Observing emotions is often a basis for my trading judgments,
and it’s often super useful, but many people instead:
"use a classic term to pretend they have judgment ability",
when in reality there’s not much logic.
In the 1920s, shoeshine boys had very poor information, even without the internet.
Now everyone has a mobile phone,
everyone can be a stock god or a shoeshine boy.
In other words: the traditional ways we used to identify shoeshine boys have long become ineffective.
A true shoeshine boy:
1. The person at the very end of the information chain.
2. The discussion content is all mindless optimism.
In an era where everyone is online, simply using a certain group to identify peaks has very low quality judgment.
To judge the true peak,
you have to consider yourself a shoeshine boy, and looking at the market rise will create a strong sense of regret, believing that if you don't get on board now, it will really be too late.
Filled with fear and sadness,
at this time, constantly restraining the desire to chase the rise, continuing to do anti-human trading.
Next time gold is about to make a significant pullback,
it will be indiscriminately recommended across various social media, completely sliding past bearish views,
when those shouting to shine shoes stop shining, that’s when the shoeshine boy theory will truly be effective. $XAU $XAG $PAXG