"Don't buy a house, don't buy a car, don't get married, all in on tech stocks/Bitcoin": Essentially, it's giving up life's certainty, going all in on the highest odds in the era! In 2016, this timing was the perfect window for Sun's logic: at that time, the housing prices in first-tier Chinese cities had completed their main upward wave, and the subsequent 10-year annualized growth far lagged behind Bitcoin and leading tech stocks in the US stock market. Buying a house, a car, getting married and having children, fundamentally locks young people's most valuable cash flow, energy, and risk preferences into the "low liquidity, low growth, strong constraints" life standard—mortgages make you afraid to resign, afraid to start a business, afraid to touch high-volatility assets; family and children naturally make you risk-averse, prioritize stability, and completely miss out on high-odds get-rich-quick opportunities.

BTC0.87%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin