BabyGi

You can’t help but spend money
So, you’re a kind person
Because…
Human spending
Human nature is inherently good

Money can be earned again if you lose it
A job can be found again if you lose it
Friends can be made again if you lose them
Love can be met again if you lose it
🪁
Life was originally nothing from the start
Why fear failure
Why fear starting over
Accept what you gain with openness, let go of what you lose with ease
You don’t have to pretend to be doing well
Not many people care whether you are doing well or not
Eat when you should, drink when you should
Pursue a certain level of material foundation
And appropriately let yourself enjoy some spiritual pleasure
We are

The market is selling off, central banks are building positions, not a contradiction, but a time lag.
There's a contradiction this week that I think is more worth discussing than the price itself.
Retail investors and institutions are doing completely opposite things at the same time.
On the market side, all store-of-value assets are being sold off, gold breaks below $4000, silver halved from its peak, BTC grinding bottom at $59K, the currency devaluation trade narrative is being repeatedly amplified by the media, capital is fleeing, sentiment is pessimistic.
A just-released annual survey show

Must we stand out from the crowd?
Can't we just eat and sleep?
Must we endure hardship?
Can't we eat McDonald's?
Must we follow good advice?
Can't we spend money like water?
Must we be full of knowledge?
Can't we be full of carbs?

Store-of-value assets are falling across the board, with gold, silver, and Bitcoin all plunging.
These three assets usually have little correlation, but they share a common label: store-of-value assets that hedge against fiat currency depreciation.
When these three things collapse together, the market is actually saying one thing: the depreciation trade logic has unraveled.
Gold broke below $4000 intraday today, with an annual high of $5586, now at $4103, down about 28% from the peak.
Silver is even worse, down over 50% from its peak to below $59.
bitcoin:native now at $60212 $ETH $1574, fundi

Why is public hype around virtual currency not allowed in China?
The core reason is simple: most ordinary people lack financial resilience and have an infantile mentality.
When they make money, they think it's due to their foresight; when they lose money, they throw tantrums and blame policies, refusing to accept the consequences of their bets. The state sets up risk barriers precisely to protect ordinary people.
This is reflected in the following points:
1. The inability to find access essentially means a mismatch of capability.
This is like the 360 paradox: people who can easily by

True Professional or Fake Big Shot: Exposing Six Types of Social Brokers
The most common type in chambers of commerce: people whose business cards are plastered with titles like president or advisor, who always talk about resources, connections, and government relations, but have no real business revenue. Their words are grand, but their deeds are empty. Recognize them, and you won't be fooled. After three questions, it's clear whether they're genuine or fake.
These six types of middlemen have one thing in common:
Their titles outweigh their actual businesses; socializing outweighs deep comm

Morgan Stanley warns: Low unemployment could trigger rate hikes. Combined with yesterday's PCE, this topic actually forms a more complete macro pressure map.
$BTC BTC is barely holding above $60K for now, but the pile of macro signals overhead is getting heavier.
The core logic of Morgan Stanley's warning is actually quite counterintuitive: the stronger the job market, the higher the risk of rate hikes. Normal people think low unemployment is a good thing.
But in the current context of no inflection point in inflation, an overly strong labor market means demand hasn't been crushed, making it h

Once you get the hang of stock trading, life feels like enlightenment.
1. Always keep half position: cash is courage, positions are your life.
2. Select no more than 5 good stocks; never even look at ST stocks.
3. Cut losses without hesitation at -5%; take half profits at +10%.
5. Stay in cash if there's no opportunity; only those in cash deserve to catch the bottom.
6. Short-term trading is a one-night stand—leave at dawn without any commitment.
7. Don't trade right after market open; the opening is just a show for you.
8. A crash is the best stock screener; while others cry, yo

Many second-generation Shenzheners have taken this path.
I've already obtained all three of these documents.
Now I only have the second one.
It's nothing much; I quite like Shenzhen now.
I want to retire in Shenzhen.

PCE data is out. To be honest, the results themselves aren't surprising, but it's still oppressive that three signals are all pointing in the same direction.
Headline PCE in May was 4.1% year-over-year, core PCE 3.4%, in line with expectations, but it also confirms the highest since 2023. Inflation isn't out of control, but there are no signs of it moving down either.
What's more troublesome is the driver has shifted from energy to housing and durable goods. This kind of structural diffusion is much harder to deal with than a simple energy price hike because it's stickier and harder to suppres

Traders who can truly make big money long-term
often possess four abilities simultaneously: mathematics, finance, psychology, and philosophy.
Mathematics tells them where the probability lies.
Finance tells them what the rules are.
Psychology tells them how to control themselves.
Philosophy tells them how to face uncertainty.
Therefore, what trading truly teaches people may not be how to make money, but how to face a world full of uncertainty—acknowledging that they can be wrong, accepting that the world is uncontrollable, betting on probabilities, and remaining calm in the face of

Two days ago, when TSMC's price increase news came out, AI stocks collectively plummeted, Micron fell over 13% in a single day, and bitcoin:native fell below $60k.
The sentiment in the market those two days was that AI costs were going to spiral out of control, and then last night Micron's earnings report came out and completely flipped the script.
Revenue was $414.6 billion, beating expectations by 17.6%. EPS was $2511, beating expectations by 23.8% with a year-over-year increase of over 340%. Q4 guidance was $50 billion, while expectations were only $435.8 billion, again significantly exceed

TSMC's price increase this time is really like throwing a big stone into the water.
All lines below 7nm are up 5-10%, a four-year continuous price hike plan has officially been implemented, and Nvidia, AMD, Apple—all are on the list.
After the news came out, the US stock market took a direct hit, Micron's single-day drop exceeded 13%, Nvidia fell over 4%, and its market value dropped below $5 trillion, with the Nasdaq closing down 2.21%. Then panic quickly spread, bitcoin: native once dropped below 63k, and the entire network's 24-hour liquidations totaled about $650 million, mostly long posit

Many people learning about U.S. stocks make the first mistake, it's not that they can't analyze, but that they haven't figured out where the information comes from, and they start placing orders based solely on candlestick charts.
If you're a beginner, you need to first connect the four steps:
Market, News, Screening, Analysis
🍀 First thing: check the market using Yahoo Finance.
How much is a stock worth now, how much did it go up or down today, when is the earnings report coming out, how are revenue and profits, what are analyst expectations, all basic fundamental information is here.
Beginn

There are eight major factions in the crypto world, each with different ways of playing.
The ways to get involved in criminal risks are also completely different.
First faction · Faithful believers
Long-term supporters of Bitcoin and Ethereum, only talking about cycles, only doing compound interest over time, are the oldest and purest faction.
Lowest risk, but also the one that tests human nature the most; most people can't endure the long bear market.
Second faction · Ecosystem infrastructure faction
Don't speculate on coins at all, focus on creating coins and building ecosystems,

Today, Bitcoin: native reached a high of $65,588, now has fallen back to $62,897, down 2.1% in 24 hours
$ETH $1,688, down 3.4%, $1,700 didn't hold
$SOL experienced the sharpest decline, $70, down 5.3% in 24 hours
This morning, following the US-Iran ceasefire negotiations and oil news, a wave moved. Bessent approved Iran's temporary oil sales, causing oil prices to drop. BTC followed and recovered to $65K, then overall retreated, giving back all the gains and more
The geopolitical line remains unresolved. While Iran's ceasefire talks are ongoing, they are also threatening the Strait o