English
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 Remember that Justin Sun spent a lot of money to shoot a "Banana" last year. For the first time, he disclosed the behind-the-scenes details of the previous high-priced bid of 5.2 million US dollars for the concept art "Comedian". This work, which is composed of a banana and tape, cost only 35 cents (approximately RMB 2.5) to produce, but it sold for a sky-high price of 37.74 million RMB. Don’t you think it’s incredible? It’s worth mentioning that this auction is paid for using cryptocurrency. Okay, things in Circle B are so "magical", let's talk about Sun Yuchen. Recently, Sun Yuchen's name has appeared frequently in the public eye. From participating in a blockchain industry summit (Tokyo WebX 2025 Summit on August 25) and expressing views on the future trends of the industry, to the launch of new functional modules for its projects, sparking heated discussions in the circle (the TRX treasury strategy product launched by TRON Inc., the first-day trading volume exceeded US$1.8 billion), to frequently making short videos to share investment insights on social platforms. This person can be regarded as one of the top "tops" in the circle. Most ordinary people know that he is "famous" because he bid for a dinner party with Mr. Buffett at a sky-high price but then let Buffett go. Frankly speaking, every move made by Justin Sun can quickly set off a wave of discussion inside and outside the circle. There are generally two types of people here. One is to pay attention to his layout and trends in the industry, trying to understand the logic behind these actions in order to capture market opportunities in advance ； The other kind of person scorns his past experience and wealth accumulation, and calls him "cutting leeks". Among them, the most interesting thing is the two completely different titles for him - "Brother Sun" and "Brother Sun". Most people named "Brother Sun" have a learning mentality and recognize their keen sense and execution ability in the business field. I believe that he can always find a breakthrough in a complex market environment. Whether it is his early layout in the blockchain field or his later participation in various cross-border projects, he has shown courage and ability far beyond ordinary people. He is an industry senior worth learning from. Some of the people who call him "Sun Cut" are because they have suffered losses and setbacks in projects related to Sun in the past, so they put the label of "cut leek" on Sun with resentment. Most people have never participated in it or understood it at all. They just saw a lot of information about this on the Internet and shouted "cutting leeks in Gouzhuang" without thinking, in order to find reasonable psychological comfort for their poverty in reality. In fact, "Brother Sun" or "Brother Sun" are essentially different ways of thinking and attitudes towards life that different people have when facing the same thing. Among them, the difference in "strong and weak thinking" is particularly obvious. People with a strong mentality, even if they encounter setbacks in projects related to Sun Yuchen and are "cut", although they feel uncomfortable, they will not complain and blame blindly. On the contrary, these people will calm down and review the entire process: Why did they choose this project in the first place? Is it simply because of the high returns, or is the risk assessment of the project insufficiently comprehensive? In the decision-making process, what information did you ignore? What cognitive blind spots led to this failure? Through such a review, as long as you are cut off once, you will be able to clearly understand your own shortcomings and regard this experience of being "cut off" as a learning and experience. You must know that you will inevitably "step into pitfalls" during the investment process. The earlier you step into pitfalls, the earlier you can discover problems and make up for your cognitive shortcomings earlier. These experiences will be transformed into experience reserves for future decision-making. When facing the next opportunities and risks, you can be more calm and rational and avoid making the same mistakes again. From this perspective, although they stepped on a trap this time, they have achieved huge growth in cognition and ability. Such "cut" has become a stepping stone to success. At this time, in their hearts, Sun Yuchen is naturally the "Brother Sun" who gives them opportunities to grow. On the contrary, what is a weak mentality? People with a weak mentality will often fall into endless complaints after being "cut off" and put all the blame on Justin Sun, thinking that it is the other party's "black heart" and "cunning" that caused their losses. You will find that this is like those leeks in the stock market who only curse "dog farms" after losing money. They never reflect on their own problems. They cannot see their blindness and impulsiveness in investment decisions, nor are they aware of their lack of understanding of market rules and project logic. Such people are never able to learn from their failures, and their cognitive level remains at the same level. The next time a similar trap appears, they will still be "cut" again for the same reason, falling into a vicious cycle of "being cut - complaining - being cut again - complaining again". Over time, they will gradually lose confidence and judgment in the constant failures, and become the real "weak", and the title "Sun Ge" has become an excuse for them to avoid their own problems. On the road of investment, each of us may encounter something like "Brother Sun?" Sun cut? ” situation. Whether to become an "old bird" with a strong mentality and continue to grow after failure, or to become a "leek" who can only complain and stand still, the choice actually lies in our own hands. Starting from today, try to change your thinking and perspective, and focus more on improving your own cognition and abilities. After many failures and experiences, when you have enough judgment and risk awareness, and can clearly distinguish opportunities and traps, no matter who you face, you can take the initiative and truly become the "strong" person in your life. <Best wishes> ------------------------------------------- I talked about my views on Meituan two days ago. If you are interested, click here. "After Alibaba’s financial report, I decided to say goodbye to Meituan temporarily."  |
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