I watched Mr. Liang Xiaosheng today.


A book analyzing various social classes in China
I am very fortunate
We were born in an era with Crypto and web3.
Because the class solidification in China has become very obvious.
It is very difficult in all industries now.
People at the bottom basically have no upward channels.
Even a milk tea shop is not something ordinary people can afford.
There are countless places to spend money: houses, cars, education, and healthcare.
If you work for others, you can never surpass your class in your lifetime.
Such an environment for entrepreneurship is also impossible.
Web3 provided enough information asymmetry in the era of wild growth.
Many ordinary people have made a comeback; as long as you are willing to work hard and learn, there are many opportunities in this industry.
I'm not talking about speculating on coins, I'm talking about the industry.
Of course, if you understand the logic, you will know what coin to buy.
In my personal understanding, WEB3 is currently the fairest environment.
As long as you work hard, there should be opportunities. The opportunities at this poker table are rotating.
There are several times each year when there is a significant information gap.
Can make a lot of money
It is also unlikely that ordinary people can rely on learning and hard work to make breakthroughs.
If you are still in this circle
I hope everyone can work hard to improve their understanding and learn the rules of this industry.
Because currently, WEB3 is still in an era of barbaric growth.
Five years, ten years later, when it becomes standardized and as normalized as stocks.
There is no opportunity for any ordinary person to make a comeback here.

Yesterday someone asked me about arbitrage.
Let me give a simple example: information asymmetry.
For example, I have mentioned the JLP coin many times.
I hold JLP which can lend USDC in JUP at an annual percentage rate of 5.4.
A 5% USDC just sitting there has an interest rate of over 15%.
Any project I send in USDC is also above 15%.
If you have 10,000 U and you buy JLP, you will get back 7,000 dollars.
JLP has an annual interest rate of 20%.
At an interest rate of 5.4%
Get back 80% of the money and generate more than 15% interest.
The interest differential is how much.
In fact, arbitrage opportunities in WEB3 are everywhere.
I just want to briefly mention this example.
Help you open up your mind.
Which traditional industries can achieve these?
I mentioned that day if you don't have all your money in USDC USDT.
Deposit arbitrage or tiered storage your money is still in the bank
You are a failure.
I believe the purpose of learning is to elevate one's understanding and open up one's thinking.
I will do a lot of arbitrage.
If you like to listen
I will provide a specific method for risk-free arbitrage with USDC when I have time.
I hope everyone can get rich.
JUP2.86%
USDC-0.01%
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