Every day I open my eyes to new highs for US stocks and record-breaking gold prices. But the cryptocurrency world, on the other hand, is busy setting traps for retail investors—this year, Bitcoin hasn't even outperformed gold, which is embarrassing to say.
Just the issue of an interest rate cut is constantly being speculated: Will it fall for a few days before the cut, then rise again after it's implemented? With all this fuss, will liquidity actually become sufficient?
Global easing and liquidity expansion were supposed to be a good thing, but it's ended up being even more tense than when the Fed was shrinking its balance sheet. Fortunately, the results are coming in a few days. Don't use leverage at this critical juncture; if you get scammed, you'll lose a lot!
This is a brief summary, not comprehensive. It's just my personal reading experience.
999's core points:
1. Bitcoin is the world's best savings asset and is bound to continue to soar.
2. Everyone must have a big vision; $1 million isn't the end game.
3. Be able to endure loneliness and adhere to the monetary standard.
Hu Yilin's Core Views
1. Fiat currency is not a good currency. It cannot be used for storage, only for spending. Fiat currency is one of the root causes of the world's decline.
2. Adhere to the currency standard and sell a certain amount of Bitcoin annually to maintain your livelihood.
3. Adhere to Proof of Work. Proof of Work coins will never become a currency.
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