The trip to Beijing is over, and the mysticism of reaching a new high (or waterfall after reaching a new high) is still playing a role. The plan is not to visit Beijing for the next 1-2 months, but if the drop is too severe, I will come back and forth on the same day. This trip to Beijing clearly feels too different: 1. During gatherings, there is almost no longer any discussion about new narratives or projects that can be pursued. Instead, we talk more about the global economic situation and the US China trade war. During last night's dinner party, @ Vito_168 and @ 0xsexybaana had a macro level conversation that lasted nearly 20 minutes, and almost everyone was silently listening. In addition, everyone's investment portfolio has gradually expanded from cryptocurrency assets to Hong Kong and US stocks, various new investment tools, and even some volatility tools; 2. @ shuaibaobaommd and I ultimately decided to restart our investment in consumer equity, based on our belief that the success of Bubble Mart can be replicated. We bet on the seed players born in the 2000s to bet on Bubble Mart ten years later, and our advantage is very obvious - we have our own funds, and without fundraising, there is no management pressure; 3. RWA is still the core point of this business trip. It can only be said that there is a strong demand, but there are not many companies that can digest the demand. The pure blue ocean proves that the direction of entrepreneurship is completely correct; 4. Last night, while drinking with @ TC8880 @ hsingxxx @ 0xsexybaana, we talked about something deep down in my heart that I have always wanted to talk about, which is the issue of the transition between old and new members of the KOL system. I won't go into detail about the details in between. The only conclusion I have in my heart is to accelerate the promotion of new talents and welcome more post-00s to come to Shenzhen, and to serve as the chairman for young people; 5. The strategy on the chain has been further streamlined, and time and energy should be focused on more valuable things. Following one's inner choices makes money a weapon for forging a higher level of life. BNBChain's yin-yang strategy allows the village to work after getting on the car, and whenever they have free time, they milk it; New things on SOL, if you see something interesting, put your chips on it. The target is to ask for more than 50 times, and even if it returns to 0, you still need to recognize it; Always be optimistic about projects with profit support, these are the future of the cryptocurrency industry.