hahaooo

xlayer rewards In the past few days, there have been interest rate subsidies for Aave staking on xlayer. If you have idle OKB, you can stake it to earn some returns and recover a bit during the bear market. #okb

What stage is the bear market at? I want to share my experiences and insights about many groups that have quietly exited the market. From the last crazy bull market in the crypto space to now, which groups have left: 1. The mainstream coin believers who are like carving a boat to seek a sword. In the past, when the bull market arrived, mainstream coins would start a frenzy, so they firmly believed that holding would lead to a future, such as Dot, Icp, Fil, Ada, Ordi, Avax, etc. I have many friends who held onto these coins from the last bull market with faith, only to see their assets shrink by over 90%. 2. Contract players. The market from 2023 to 2025 has been particularly difficult, with various scams and extreme market conditions wiping out their positions. At that time, when ETH dropped to 1600, many low-leverage contract players were also wiped out by sudden price spikes. 3. Arbitrage opportunists. This group consists of very smart funds in the crypto space. They are cautious and do not gamble on long or short contracts in the market, but instead look for arbitrage opportunities, earning various trading fees and contract interest spreads. This group is well-known for suffering heavy losses during the 1011 Binance incident, and they have also fallen. 4. Believers in Bitcoin and ETH with off-exchange leverage. This bear market has been too long, and many people have no cash flow, and they have also taken out online loans to enter the market. Many could not hold on during the prolonged fluctuations and ultimately gave up their chips. Current survivors. Those who have persisted until now and still hold positions are mainly large holders making asset allocations and believers with cash flow income. So far, the active groups in the crypto space have become pitifully few. Even seasoned traders who have experienced several bull and bear markets are starting to doubt the market and their holdings. But the more this happens, the closer we are to the bottom. The crypto space has value, and the cycle will definitely return; do not fall before dawn. After being in this circle for so long, what I fear most is not losing money in a bear market, but not being on the bus when the bull market comes. If the mindset collapses, it really collapses.

What kind of company is MSTR? Previously, I only knew that this company was not focused on its main business, constantly borrowing to buy BTC, and has now accumulated over 800,000 coins. Yesterday, I wanted to understand how this company operates. First, let me introduce how impressive MSTR is now: 1. Bitcoin holdings of 815,000 coins, accounting for 3.88% of the total supply. Due to many lost coins, I estimate that their actual holding percentage is likely higher. 2. Market capitalization of $59.6 billion, a component of the NASDAQ 100 index. 3. Active trading on NASDAQ is at a ceiling level, consistently ranking in the top ten. After looking at the data, I realized that it is no longer just a simple company holding BTC; essentially, it is a compliant secondary issuer of Bitcoin operating in the U.S. stock market. I won't go into the details of MSTR's complex financing products here, as they are a bit technical and many people may not like to read about them. Instead, I will briefly introduce the current situation from the perspective of index components. As long as it becomes a component of a major U.S. stock index, there will be passive allocation of index funds, which means a continuous influx of investment funds buying Bitcoin. So far, MSTR has entered the NASDAQ 100 index, which brings in passive funds of $6 billion. This is equivalent to a $6 billion buying pressure for Bitcoin. Next is a heavyweight index, the S&P 500. This index can be considered a holy grail; if MSTR enters this index, it means that MSTR will officially be part of the U.S. national fortune, bringing about $5 billion in passive buying pressure. At that time, almost all retirement accounts will indirectly hold Bitcoin. This is just the most basic benefit; the endorsement effect of entering this index is also of nuclear bomb level. So far, MSTR has met the conditions for entering the S&P 500 in terms of market capitalization, liquidity, and compliance; the only issue is stable profitability. The S&P 500 index requires that the total net profit for the last four quarters must be positive. Due to the recent Bitcoin correction, MSTR recorded a huge paper loss last quarter. Currently, it does not meet the conditions for entry, but the hope for future entry is still significant. If Bitcoin steadily rises, MSTR has a great chance of aiming for the S&P 500 index by the end of 2026. MSTR can be said to have already secured its ticket to the S&P 500; now it just needs to pass the time and profitability tests. When that happens, it will be a super positive development for Bitcoin to enter the global large capital vision. #BTC

Increase account earnings Bear markets can be tough, but I really like the dual currency win product from OKEx. I use it a lot, and I think it's very suitable for beginners to try out. I remember when I first started trading, my biggest problem was impatience. I was worried about missing out, so I rushed in to buy at high points, and then when the price went up, I couldn't hold on and ended up selling at a low price. The concept of dual currency is actually quite simple. Let's start with buying low. Suppose the price of ETH is 2000, and you want to buy the dip but are worried it might continue to fall. You can choose to buy the dual currency at 1800 the day after tomorrow, which means if the price drops to 1800, your purchase will be successful. If it doesn't reach 1800, you'll receive an annualized return of 20% in USDT (the data is just an example; the specifics depend on the product you choose). Selling high is the reverse logic. If you have ETH and the current price is 2000, and you want to sell for a higher price, you can choose to sell your ETH at 2200 the day after tomorrow. If the price reaches 2200, your coins will be sold. If it doesn't reach that price, you'll receive an annualized return of 20% based on the value of your ETH. That's a brief introduction. Anyway, the logic I use mainly aims to increase my asset returns, which is very suitable for volatile markets. Allocating a portion of my assets to this makes it much more comfortable, and bear markets aren't as hard to endure.

I rarely make short-term market judgments, and based on my rough statistics, there is almost an 80% probability of a reversal. Right now, I am somewhat bullish; the market, which should have dropped significantly, is surprisingly stable and has an upward momentum. I estimate that the bulls are about to make a big move, using the bears as fuel. I opened a very small long position in Bitcoin to test the waters and get a feel for the market.

It is estimated that Bitcoin is about to surge, and the spring for the bulls is coming.

Different perspectives lead to completely different understandings of the same issue. Regarding the understanding of risk, some people think that real estate has low risk and Bitcoin has high risk. However, as practitioners, we tend to think the opposite: real estate has poor liquidity and is a Ponzi scheme, while Bitcoin is the true asset. Inspired by CZ's autobiography.

Trading Style I want to talk about trading. When I first entered the crypto space, I was completely a novice and had never been involved in trading before, and I stumbled into many pitfalls before reaching where I am today. When it comes to trading, you must have your own rhythm and logic. Even if a trading expert is incredibly skilled, you still learn from them and gradually integrate their insights into your own style. Without your own trading logic, you won't be able to go far. I used to like following traders like 半木夏, 肥宅, and 欧阳, who are all impressive in their own right. They have clear strategies, but very few people manage to get rich by following them. For example, 肥宅 spends 90% of his time losing money during market fluctuations, and not many can accept the daily losses that come with such a strategy. However, he only needs to make one correct trade a year to earn more than most people do in a lifetime. 欧阳 trades even less, making only a few trades a year, while retail investors often can't stand the silence. So, it's essential to find a trading style that suits you and continuously improve it; only then can you go far. Lastly, I want to say that everyone has their strengths. It's impossible for someone to profit from both trends and short-term gains. You can't have both fish and bear's paws. If you're greedy and want everything, trying to catch every minute's candlestick, then in the end, you're likely to end up with nothing, just like a monkey in a cornfield, going home empty-handed.

Chatting about OKB As an old user of OKEx, I was one of the earliest to buy OKB at a price of $4. I can say I know this coin very well. I remember during the last bull market when Bitcoin surged from $50,000 to $120,000, OKB was always fluctuating around $50, missing out on the entire bull run, which was very frustrating. The experience of holding the coin was poor, and I felt like cursing. Not many retail investors could hold on with such patience; the reason I could keep holding is that OKB is just a part of my asset allocation, so I held it with a Zen-like attitude. Other coins were also rising, so I didn't exit midway, and on the day the burn announcement came out, I enjoyed a 150% increase, leading to a massive explosion in my OKB trading account. Most of the time, this coin is purely traded by retail investors, with poor depth and big funds looking down on it, and parents not caring. This inevitably leads to a poor holding experience and long-term stagnation. Every previous price explosion was driven by positive news, retail investors entering, and then giving up their chips during the long period of fluctuation. Many people always fail to understand when to enter, then curse and sell off. This coin still has its advantages; there are no wash trades, everyone is treated fairly, and it has a very low market cap, which is why many people are waiting to enter for an explosion. A few days ago, I joined a large OKB group led by Wang Duan Niao, and it was filled with curses and negative emotions, basically representing the attitude of retail investors. Everyone is complaining that compliance is not driving the price up, but compliance is definitely a long-term benefit. Short-term price surges have no significance; only compliance can lead to long-term success. Although OKB is currently very sluggish, I still want to give holders some confidence. The upcoming prediction section has a high probability of being launched, and I think many people are still underestimating this good news. I estimate that the prediction board can bring a lot of daily active users to the x Layer, with real on-chain data and revenue. OKEx's web3 wallet, compliant payments, and the prediction section are all being quietly advanced. These are all opportunities for OKB to explode in the future. Short-term manipulation is meaningless and will only attract speculative funds; long-term patience in holding and waiting for results is what matters.

It is indeed a bit difficult to endure.