What does the current exchange rate tell us?
I suddenly got curious and checked the exchange rates: wow, the yuan is up to 6.69 against the U.S. dollar and 8.96 against the British pound. Anyway, the yuan has appreciated against all foreign currencies.
A humble question: is this change because our economy has strengthened and foreign currencies have weakened, or is there some other economic principle at work?

1.13k

ninisweet 2 days ago

So far: How much have you lost in the stock market?????
No lying—one number from each person.
The stocks Hu Xijin bought plunged, making his heart race. He quickly got the point: better to spend it on food than lose it in the market.
I always thought Hu Xijin, with a daily income of over 1,000, would be content to write articles,
and spend his free time strolling around and shopping at the supermarket with his family and grandchildren, enjoying life.
In outsiders’ eyes, Hu Xijin wasn’t short of money. He had worked in professional media his whole life and also received a pension, so the two co

ninisweet 2 days ago

Nasdaq bull and bear market cycles
Since 1971, the Nasdaq has gone through 9 bull-bear cycles
Longest bull market: 2009.02–2021.12, 154 months, +1035%, annualized 21%
Current bull market start: 2022.12; through 2026.10, +149.7%, 46 months, annualized 27%
The two most devastating bear markets: 2000–2002 -75%; 2022 -33%

NAS100+0.30%

1
1
2.38k

ninisweet 2 days ago

Mr. Duan's transformation
With Pop Mart hitting a new low,
I've gone from Mr. Duan to A-Duan,
and today I've become Little Duan.
If it keeps falling like this, I’m afraid I’ll become Inmate Duan, right? ‘🤣

POP MART+2.49%

ninisweet 2 days ago

If you want to make money,
there’s one absolutely sure-fire way.
First, find the place that gives you opportunities and lets you make money. That’s your arena, your livelihood.
Second, stay there, hold your ground, keep showing up, and protect your livelihood.
Spend the rest of your time focused on improving yourself,
relentlessly honing your specialty,
and mastering your skills.
Whether you eat shit or meat depends on your own abilities.
Then wait for the money to come to you.
In short, find and secure your livelihood first,
then worry about whether there’s meat in the bowl.

ninisweet 3 days ago

I studied the habits of a bunch of the world’s richest people, and it turns out things like waking up at 4 a.m., taking cold showers, and networking over drinks hardly came up at all.
Here are the habits they actually talk about publicly—
Buffett: Spends the whole day in the office reading
Bill Gates: Twice a year, spends a week alone in the mountains doing nothing but reading and thinking
Bezos: Sleeps 8 hours. “Making 3 good decisions a day is enough.”
Jobs: Every day, asks the mirror, “If today were my last day, would I still do these things?”
Munger: “Go to bed a little smarter than you we

ninisweet 3 days ago

Get married. Seriously.
No one in this world understands Sun Ge and the love-hate relationship between him and Zeng Ying better than you do.
Honestly, these two are no ordinary people. They’re a perfect match and really shouldn’t have broken up.
Zeng Ying must have been outstanding back then, or she wouldn’t have caught Sun Ge’s eye.
Why did they break up in the end? There’s only one reason: Sun Ge made it big and said she wasn’t good enough for him anymore.
I had to read the little essay Zeng Ying wrote several times before I understood it.
I can’t help but marvel at how complicated human emo

1.14k

ninisweet 3 days ago

Get married. Seriously.
In this world, only you understand Brother Sun best, and the love-hate relationship between Brother Sun and Zeng Ying.
Actually, these two are really no ordinary people. They’re a perfect match together, and they really shouldn’t have broken up.
Zeng Ying must have been excellent back then, or she wouldn’t have caught Brother Sun’s eye.
Why did they break up in the end? There’s only one reason: Brother Sun made it big and said she wasn’t good enough for him.
I had to read Zeng Ying’s little essay several times before I understood it.
I can’t help but marvel at how compl

ninisweet 2026-10-21

Top 10 Financial Crises in History

1.34k

ninisweet 2026-10-21

I came across a post about personal finance for ordinary people, and it was all hard truths.
It said ordinary people are better off not spending all day thinking about how to catch speculative stocks that could double.
The most reliable approach is to put some money into bond funds, regularly invest in high-dividend assets, or buy some Nasdaq-100.
These things may not look exciting, but they can steadily outperform bank interest.
When a bear market really bottoms out, you can start picking up bargains in batches.
When the bull market arrives, take your profits at around 100%. It’s slow, but it

ninisweet 2026-10-20

JPMorgan just deployed JPM Coin on the Ethereum mainnet.
Most banks are still conducting pilots on private ledgers.
The largest bank in the United States has just moved to a public blockchain.
Is this bullish for $ETH , or is it still far too early?

JPMG-0.43%

ETH-1.22%

ninisweet 2026-10-20

Sure enough, unrest in Western societies is contagious. This unrest, which originated in France,
has now spread to multiple countries in Europe and the Americas. Italy, Spain, Belgium, Argentina, and Algeria have all seen riots erupt,
and even on the streets of India, protests are now nonstop, especially among their post-2000 generation. This generation is at an age when they are young and physically strong,
but mentally confused. Seeing no prospects for their future, they naturally follow the crowd and become the main participants in the riots.
Some people are puzzled and say that Western cou

ninisweet 2026-10-20

Buffett: In life, doing these 10 things is enough
1. Study how to make money
Money can solve 90% of life's problems; for the remaining 10%, it can at least buy you some time.
2. Read deeply
Read 500 pages a day, and knowledge will snowball like compound interest.
3. Surround yourself with good mentors and friends
The five people you spend the most time with determine the height of your life.
4. Exercise consistently
Health is the 1; wealth, status, and fame are the zeros that follow.
5. Learn to manage your emotions
Impulsiveness is the devil; staying calm is an adult's ultimate strength.
6. L

ninisweet 2026-10-19

Recently, an 89-year-old Japanese trader went viral after making ¥2 billion (84 million RMB) trading stocks.
And he generously shared his ancient, god-level trading secrets.
1. Down 5% --> do nothing
2. Down 15% --> increase holdings by 10%
3. Down 25% ---> increase holdings by another 25%
4. Up 5% --> continue holding
5. Up 15% --> continue holding
6. Up 25% --> sell 10%
7. Up 35% --> sell 20%
8. Up 45% --> sell 30%
9. Up 60% --> sell 40%
10. Up 100% --> sell everything

ninisweet 2026-10-19

Will the US midterm elections really affect Bitcoin’s cycle bottom?
In 2014, Bitcoin bottomed on the 71st day after the US midterm elections.
In 2018, Bitcoin bottomed on the 39th day after the US midterm elections.
In 2022, Bitcoin bottomed on the 13th day after the US midterm elections.
71 days → 39 days → 13 days.
The time interval is getting shorter and shorter.
So, what about 2026?
If this pattern continues to shorten, will the market reach its bottom sooner after the midterm elections?
Of course, history will not simply repeat itself, but it always leaves clues worth studying for the mar

BTC-0.13%

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ninisweet 2026-10-18

Many people think older-generation parents like to put their children down because they don't understand education.
Quite the opposite. They may not understand education, but when it comes to power, they often understand it instinctively.
Think about it: if a child grows up believing that they are excellent, highly capable, and accurate in their judgment, they will sooner or later develop a dangerous thought: If I'm so capable, why do I have to listen to you about everything?
This touches on the most fundamental issue in traditional families: a crisis in the legitimacy of parental authority.
S

ninisweet 2026-10-17

Tech stocks have taken another hit recently, and many people don’t know why.
The real trigger is the debt problem at U.S. computing-power company CoreWeave.
The company borrowed tens of billions of dollars to aggressively build computing facilities, buy large quantities of GPUs, and then rent out the computing power to major customers like Microsoft.
Starting next year, it will have to repay more than $10 billion in debt every year. Based on what it currently earns, it will struggle to cover not only the principal but even the interest.
What’s more troublesome is that its model combines heavy

CRWV-2.46%

MSFT+0.56%

NVDA-0.60%

AMD+1.79%

ninisweet 2026-10-16

In March 2010, someone auctioned 10,000 BTC on a Bitcoin forum, with a starting bid of $50.
Result: No one bid.
At the time, 10,000 BTC were worth about $65 at market price. Some people offered $20 or $25, but no one was willing to pay $50.
The original poster said something truly painful:
"The problem wasn't how to make the payment, but that no one wanted to accept BTC."
In 2010, consensus had not yet formed—even when given away for free, no one wanted it.
Later, in 2012, someone replied with a summary that remains relevant to this day:
"You think spending $50 to buy 10,000 BTC isn't worth it

BTC-0.13%

ninisweet 2026-10-16

Maji Big Brother has cleared out everything. All of it.
When the on-chain data first came out, I stared at the screen several times, afraid I had miscounted the zeros.
Starting with $56,000, he somehow turned it into $12.25 million in four months.
What does that mean? More than a 200-fold increase. During that period, the positions he held were probably more thrilling than a roller coaster,
with the account balance jumping every time he woke up—jumping so much his heart could barely take it.
And then? Then there was no then. It kept crashing all the way down, until only $21,800 remained. Going

ninisweet

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