Everyone, how are you all doing? The spot market is dropping so badly it’s brutal right now—Bitcoin is almost impossible to hold, and futures are even worse. They’ve been liquidated so many times I don’t even have the margin to post anymore. Every time I try to scalp, I’m getting “anti-scalped” in all kinds of ways.

Since last November, a whole bunch of low-quality projects have basically all taken off. Of the five projects I put money into, four have gone to zero. I’m genuinely scared now—I don’t dare touch anything. I’ll just put the money into Yu’ebao.

The only thing that hasn’t screwed me over in these past six months is