CalvinCard

Tell a true story that truly changed Munger's investment perspective. In the early morning of 1963, Munger received a call. On the other end was a small businessman he met a year earlier on a golf course. The person wasn’t in the hospital because he was sick; he was too excited to sleep. He said one sentence: Charlie, the oil lease we invested $1,000 in has generated $40,000 in cash flow in 18 months.
Munger was stunned because that year, he himself, working as a lawyer, worked 60 hours a week, earning only $40,000 a year, and that $1,000 in 18 months earned him a year's worth of life. That ni

I haven't really been active this past month. Actually, the core of a trader isn't about making profits every day, but about recognizing opportunities I don't understand and choosing not to trade them. For the ones I understand, I just get in and handle it. That's how I can improve my win rate and avoid losses. Basically, last month was a period of such poor market conditions. I only made about 5 or 6 trades, and I didn't lose once. In fact, in such market conditions, patience is often the key. We are traders, not gamblers. What we want is to earn steady returns.

Let me tell you a story
Sheep have been domesticated for their entire lives
But you'll find
99% of the sheep in the sheepfold are eaten by whom
Who told them there are wolves
Who ate them
The ones who tell you where the wolves are
Are actually the real wolves
If you understand this principle
You basically understand
the biggest truth in society
and you can see through the game rules

I put half of my time into all-in🫡 @Polymarket

Tonight at 3 a.m., I believe the probability of interest rate cuts is basically 90%. Whether the rate is cut or not, if the market rises too wildly, I think it's better to go short. Why didn't everyone short around 9400 last time? Because interest rate cuts can lead to strange market movements, which are hard to predict. Therefore, the right traders should do the trades they are familiar with and believe in. Just like market makers, they only take profits within the right range. For those who don't understand, don't do anything or stay still. Not every coin needs to make you money; as long as

Damn, Blue Zhanfei getting kidnapped is really scary 🤣. Traveled across 7 continents without any issues, but ended up getting taken by our own people 🤣. Chinese are really something else.

Next, here are my personal views on the market. Personally, I am extremely bearish on this market right now. The US dollar is plummeting, and on 12.11, the probability of a US interest rate cut is above 95%, so I am not optimistic in the long term. Right now, this is basically the last wave of BTC's upward movement. After that, it's all over. Everyone should just escape one by one—it's only a matter of time, sooner or later. As for BTC, I personally think it will drop, and I will start building positions around $60,000. Right now, don't open short positions, because there could be a huge spike

Next, here are my personal views on the market. Personally, I am extremely bearish on this market right now. The US dollar is plummeting, and the probability of a US interest rate cut on 12.11 is over 95%, so I am not optimistic about the long term. Right now, this is the last wave of BTC's upward movement, and then it's all over. Everyone should just get out one by one—it's only a matter of time. As for BTC, I personally think it will drop, and I'll start building my position around 60,000. For now, don't open shorts, because there might be huge volatility on 12.11. If there's a surge, just o

Next, here are my personal views on the market. Personally, I am extremely bearish on this market right now. The US dollar has plummeted, and the probability of a US rate cut on 12.11 is over 95%, so I am not optimistic in the long term. Right now, this is the last upward wave for BTC, and then it's all over. Everyone should just get out one by one—it's only a matter of time. Personally, I think BTC will drop, and I will start building positions around 60,000.