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I have a friend who has been involved in the cryptocurrency world for a few years,
made some money but also lost quite a bit.
Last year, he said he was tired of it and started a ride-hailing business, mainly running airport routes.
He said he often picks up people from all walks of life at the airport.
Once he picked up someone involved in cross-border e-commerce, and they talked all the way,
before getting off, the other person told him, "There are subsidies for Southeast Asian warehouses this year."
He didn't take it seriously, went back and checked, invested 200,000 yuan, and it tripled in six months.
Another time, he picked up someone working in an MCN,
who said that traffic is now shifting toward local lifestyle content.
He followed up and made a small profit.
Last month, he invited me to dinner and said he now earns seven to eight thousand yuan a month from driving,
but by using information heard on the road for investments, he makes fifty to sixty thousand yuan a month.
I told him, "You're cross-industry and lowering the dimension of competition."
He said, "It's not lowering the dimension, it's that the playbook from the crypto world is still a lower dimension in other industries.
Most people don't know how to use it yet. You do, and you'll win."
After finishing that drink, I registered as a ride-hailing driver myself.