Gamification Launch

How to retire early and keep your gains Probably an obvious post, but easy to lose yourself in a state of market frenzy. - - - - - 1. Dumb Investor a) Breakdown • Portfolio/net worth remains the same maybe due to bad decisions or getting caught by the market • Income stays flat, no compounding, no real edge b) Actionable steps • If trading is not for you , there are many other side quests to pursue (content creation, work full time at a project/company, build something with your close friends, airdrop farm) --> create more sources of income + focus on finding your edge (if trading perps is not for you, go on chain and vice versa) • Create a system in place: budget + journal + excel PnL and portfolio tracker + risk management systems • Learn to stop over trading, sit out when there is a lack of narrative and only be active when there is a new and fresh meta • Train your muscle memory to spot fresh narratives and non-consensus plays - - - - - 2. Smart Investor a) Breakdown • Spending decreases, disciplined and stay within the budget • Speculating/Apeing still present but possibly done more selectively and contributes to upside --> you did well, probably graduated from the trenches but still need to actively invest/ape if you are still at 6-7 fig port (here comes the fabled high 6s to 7 fig hell where "you are too rich to work, but also too poor to retire") b) Actionable steps • You now know how to survive (most impt) not to die in crypto. Now it’s time to learn how to win • Accumulate wealth by being smarter about bets (size into conviction plays) and maintaining control of expenses (you now have money, easy to squander it all away if not careful) • Zig while others zag (e.g early to robotics and biotech, or apeing PIPEs/equity stocks when everyone else was still in altcoins) • Size into things that will create meaningful returns to your portfolio, eliminate things that are time wasters • Systematise your learnings, stack XP points • Constantly off ramp, just to create a safe nest egg and diversify + spend on life upgrades • Scoop non-consensus bets at low valuations but they have strong team and market misplacing • Size into bigger cap coins that have narrative + future catalyst ("reasons that people want to own in the future") - - - - - 3. Wise Investor a) Breakdown • Everyone's goal, when income/portfolio becomes dominant through compounding and smart positioning --> you've probably reached high 7 figs to 8/9 figs here • Your spending is basically life upgrades, safety and enjoyment • Speculating is minimized or timed well, probably best just to put into safe stuff/btc --> constantly cash out to buy real estate, maybe a proper (kek) business • If done properly, probably exits the cycle early or becomes a giga whale • Humans basically want to optimise for 2 things: money and time, you've solved for the first one now buy back your time b) Actionable steps • Optimise for fulfilment and leaving a legacy (build or start something, work on your passions) • Prioritise for anonymity, stealth wealth, buy back time, safety --> the more you scale your port, the more you are a target • Wealth preservation is paramount Having said all the above, one quote still rings true for me: "most of us came from nothing, so how can we lose when we started of with nothing"

This month is a harvest time, financial freedom is just around the corner! How is the situation with the coins in your hands? Have they all doubled? Have they all experienced a big pump? #山寨币爆发#

Brian Hennessey-Hsieh shared the importance of the Sui developer ecosystem, emphasizing the principles of Open Source and Decentralization. He suggested that mid-term developers master the foundational theories, clarify their development direction, and actively participate in community interactions. Sui offers a broad space for innovation and looks forward to establishing a fair and transparent contributor rewards mechanism to promote the decentralization process.

The BXH protocol has suffered a hacker attack, resulting in a loss of $139 million, raising concerns about DeFi security and Smart Pool risks. Recently, the decentralized finance protocol BXH suffered a serious security incident on the BSC chain, resulting in a loss of approximately $139 million in crypto assets. According to analysis by blockchain security agencies, the attacker gained management permissions and transferred project assets from the BXH treasury. Currently, some of the stolen funds have been transferred to the ETH chain and other addresses. This incident has drawn widespread attention in the industry, with people questioning why BXH would hand over fund management rights to the attacker and whether there are internal issues. BXH officials stated that the incident stemmed from a private key leak and offered a reward of $1,000,000 to recover the assets. What is even more concerning is that this event has also impacted the Smart Pool projects that rely on BXH. Multiple Smart Pools have been forced to disable withdrawal functions, among which Coinwind, ranked second on Heco, has been affected the most, with associated funds.

The Stellar network officially supports USDC stablecoin, providing users with the convenience of using multiple Wallets and trading with 9,000 types of assets. This collaboration began in 2020, driven by SDF and the Centre consortium, with the aim of expanding the application of USDC and promoting financial innovation. Stellar has also made progress in the CBDC field, demonstrating its influence is continuing to grow.