Moderator:Alex, Mint Ventures Research Partner
Guest:Dae-wooKNOWN CHINESE ENCRYPTION KOL
Record time: 2025.10.27
Hello, welcome to the WEB3 Mint To Be initiated by Mint Ventures. Here, through constant questioning and deep reflection, we are clarifying facts, exploring reality and finding consensus in the WEB3 world. To clarify the logic behind the hotspot, to provide insight through the event itself, and to introduce a multifaceted perspective of thinking。
Alex:Today we invite our old friend, Mr. Daewoo, who participated in our show. Please introduce yourself。
Dae-woo:I'm mostly doing some research in the money ring, and then I'm selling it, and I'm also focusing on stocks. And Alex has known for years and has been admiring Alex's investment style and character. So this time Alex invited me to talk to her about meme, saying that he had no experience, but that he would be happy to talk and learn from each other。
time to open meme investment with specific target
Alex:All right, thanks Daewoo. Daewoo is very modest, he's the top of our Chinese KOL. I've been focusing on the investment ideas that Daewoo shared, including some of his ideas on meme trading, and I think there's a lot to learn about. In addition to the markets over this period, the Web3 industry as a whole does not have a particularly hard-core business trend, but rather has more trading opportunities in meme. So today we're going to use this topic and ask Daewoo to share it with us。
so we're officially entering the podcast content today. would you like dae-woo to introduce us to you? do you remember why you were there and the project you were involved in
Dae-woo:The first meme I remember officially involved was called People. The reason for this involvement was probably inspired by the special nature of People, whose inner elements touched a man of my literary background and brainwashed himself. But People, I haven't talked about this in the last few years. When I didn't know anything about meme, I didn't have much investment experience in meme, but I really liked it, and I thought it spread so well. I've been promoting it every day in telegraphs, which has brought me a big pit. Turning back, meme rises in FOMO and falls at the end of FOMO. I was a little bit like a star in a community, and people who played People knew that Daewoo was screaming, building, watching it. I really looked forward to it, but I had very little hold because the principal was smaller, and I remember it was probably hundreds of thousands of yuan. Now look back, it's actually a ridiculous position. But the other way around is that I'm actually a bit more honest, hot-blooded. Then I discovered something that made me feel bad. I always wanted you to build with me. When I say "An," everybody's like "FOMO" and the money's up. I sent a reminder that I wanted to build more and to give more praise to all kinds of posts, but found that they were not interested at all. The sound is flooded, and all you care about is money. And then I thought I was wrong, and I thought that people were different. I'm holding a hot blood, and I think this meme is fun, ideal for it, but it's not. And then it grew, and it was felt that the circle was really a speculative field and that many people were bad, evil and dark. He's playing with you, he's buying, he's part of the market. But some people face builders like me, and when the money falls, he says, "ldquo," and why don't you post it? Why don't you build it? Are you selling it? Sliced? ” I was so childish, so angry, I thought I'd never do this again. Experience and lessons learned are that I have not been involved in any meme projects since People. I don't even know if the project owner wants me, gives me chips, or my friends want me to buy them. I see and decide. Even what I've shared with you is what I thought I would do. I just wanted to stand up and earn money because the shadows were too big. But from the meme itself, People brought me a great harvest. People, for example, then I thought that all these meme communities were hypocritical, a bunch of fanatical speculators, even gamblers. Everybody's crazy. It's not the community. It's a toxic atmosphere。
And so, as soon as the NFT emerged, I felt like a community, and I went to Jeryn bear, and I bought 0.25 Ethers, and then it went up to eight Ethers, but it turned out that the projecter was actually cutting herbs. I thought we were all good people, and maybe you, and it was easy for people like us to think of things as good things, to think that they wanted to be big, to be empowered, to feed their imaginations. And then, of course, he fell so badly, he didn't sell much. And then like BayC, Coblin, NFT, it's like meme today. For example, Gabriel, it's a very unique original, ugly thing. This project in Goblin also gave me the first barrel of gold in my life. At that time, 0.25 Ethers were bought and sold at an average price of about 5 Ethers, peaking at 8 Ethers. It was thousands of dollars at the time, and it was the first barrel of gold. But from what I know today, from meme's point of view, I don't think I'll ever miss BayC again. There was an objective reason why we missed BayC, like the guys who played BayC had their own circle, and in North America, they were really high off the line. It's hard for people like me to understand and fit into that thing。
that's about a process. the back level is higher. there's a bottom line, a hidden rule. i'm beginning to realize that all the meme is the product of emotions, consensus, narratives, and all the people who play meme are mostly speculative. in these processes, self-playing meme levels begin to grow. we'll talk about it later。
change of perception of meme and the reasons behind it
Alex:As Daewoo said, you were starting to be involved, not just in the trade, but also in helping to build the first contact of the meme, the People community, in the hope of expanding its influence and involving more people, what we call Build. It was almost four or five years ago from the very beginning, because People was a representative meme in the last round. You just talked about being involved in NFT, a lot of meme-like assets. So, from the very beginning to the present, what have you seen and invested in meme? What are the key events or reasons behind this change? Can you help us summarize
Dae-woo:All right. I think meme's changing the angle of the problem very well. Because of the meme in the circle, I feel like I've been through a few distinct stages. The first is the Wild Period, when no one knows. At that time, Doge was the one Mask called, and I think he was the first to understand this stuff, and he made it happen. Mask said: “ who controls meme, who controls the world. & rdquo; by the time Doge went from a reward to a round of cattle, I heard that a big man bought Doug with 100 bitcoins, and then he went up tenfold and sold it into 800 bitcoins. I was shocked and I didn't know why they knew that. Now look back, it's a good reading. A man like Mask knows that narratives and consensus can themselves be combined with tokens and become an economy. It's a whole new thing. It's Buffett, and it's the traditional investment logic. It's not involved. But not that it does not exist. It does exist and can be felt with a little reasoning. This is the Wild Age, when those who understand are free of wealth. From Doge to Shib, it's like this, where celebrity participation and communication are very strong, like Shib and Musk, and people around the world see him. When the attention of all the coin-sellers around the world is focused here, and it itself has no burden, no pressure to deliver, unlike a project to prove user size and income, meme without these burdens is gambling. And yellow bets are the three main needs of people. The demand for bets is super high, and as long as the demand for bets is accompanied by dissemination and tokens, it becomes a simple casino. Like me and Alex are not the kind of people who go to Macau to gamble, but we have to admit, there's a lot of people in the world who can't get away with gambling, meeting FOMO, crazy. A large proportion of the population is in the middle, enjoying gambling and gambling. So, Dogecoin and Shib understand in this context。
The second phase is long-term. Mask can't scream every day. What should we do? The money ring has its own dealer, Kol. So there were a bunch of coins like People, Bonk, Pepe, WIF, Bome, etc. Of which Bonk was just when I left my job and went full-time into the money ring. Bonk was five times more satisfied with me. A lot of my wealth now begins with Bonk. It's very impressive that most of the money was online, like houses, cash, and so on, and 100,000 Us. I bought Bonk with this 100,000 U, and became hundreds of thousands U. Then I thought it fell to zero, and the dealer was strong and pulled 100 times, and after bear City, it was awesome. And then Pepe, when I was tweeting for $20 million in market value, but at that time I missed a lot without understanding narratives, values, long-termness. Pepe bought it at $20 million, but it was sold at about $100 million, and then it went up to billions. WIF missed because there was little discussion in Chinese. Bome was a rare large pool coin, in a very large fashion, and the money was added directly to the pool, and everybody became very FOMO. It was a long-term time, and everybody was looking for something that would make market synergies. This market convergence means that everyone is aware of, has good narratives, can tell stories. Including Ordi is actually a long-term meme. Using the logic of traditional value investments, it is worth zero per se, but its price can be high because of those attributes。
Then there will be the final period, the current period of destruction. Pump comes out, hair meme becomes very simple. It's complicated to send me a few people, to develop technology, to make web pages, to make tweets, to be a professional pepe, to be a marketer, to pull a disc. So there weren't many people playing with meme. But Pump comes out after everyone can issue a coin. A squirrel can come out with a n. One of them said, "Mask sent a map, and it'll soon be a coin." Everything is monetized. NEIRO, NEIRO, BIG, BIG, BIG, BIG. That's when the meme came up with a feature that became widespread. There may be two periods: Dogecoin and Shib, all of which are worth hundreds of billions of dollars. And in the long run, there's billions of dollars in meme, like Pepe, and there's tens of billions in money. It makes sense to assume that the money in the money ring is tens of billions. So much meme comes out, hundreds of them every day. What should we do today with a consensus, a narrative, a perspective and a better tomorrow? Meme's life has become short, dying fast. Like Bonk, it doesn't matter if you didn't run at the top of the first round, and then you can pull 100 times, two years and three years. That's how hat dogs end up zero. But the period of destruction is different. There are, of course, differences in the period of destruction, such as the Trump dollar, which is sufficiently influential. One round, the world saw, the currency went up to 70 billion FDV. That's the end of it. It's like a trillions of Doge, Shib. The currency ring is now more expensive than before, but the whole valuation area is more or less the same, because this is the game of drumming flowers。
meme is worth zero and prices are driven by short-term emotional, narrative and gambling demands, but there is no room for funds to be pushed to a certain point. So I think these stages are very obvious. In these changes, those who do not keep up are vulnerable to loss. A lot of people can't keep up. I saw some of the stupid comments on Twitter: &ldquao; the Pandora you said fell. ” but I'm saying it's 10 times higher. He said & ldquo; zero, you cut herbs, and it's useless & rdquo; but in fact these people stayed in the old age and they couldn't make money in their investments. Because the stake is worth zero, it's a guest service for Bian, and I thought it was a special classic, and it was a hot spot. How can you expect that the price of the fortress will continue to rise? No way, it'll all be zero. A better friend asked me: “ this meme can still copy? Can you still buy it? Trump is the best meme, the most powerful meme, you see what its K-line looks like. If you want to copy, if you want to find value, think about Trump. This move is particularly useful. Even myself, when I was full of fantasies about a meme, I thought about Trump。
position and role of meme in the investment system
Alex:OK, Daewoo just told us what he knew about meme, including a whole type of evolution. One crucial point he made was that from the beginning of the wilderness to the long term, to the present period of destruction, the total market value of the entire circle of meme could be in the order of hundreds to hundreds of billions. It's just that there's too much meme in the destruction period now, so each meme's share of money and attention has become small, and the life cycle and market value ceiling has become very low。
so what daewoo just said about meme is that you now have one of the basic principles of the meme, that is, what cheonan's clients say about &ldquao; the stake is zero &rdquao; but i think you still have some investment operations in practice for meme. so what is the position of meme assets in your current investment system? what role does it play
Dae-woo:yeah, meme's worth is zero, but the price can be unlimited, which is actually opportunity. so i'll take meme as a high-risk and high-yield side. a lot of people who look down on meme or don't know how to read money rings, old-school investors. i am modest on the one hand, but on the other, i think that all those who are not up to date will certainly be eliminated by those who keep changing. and in this high-risk strategy, i think the most important thing is the odds. when i buy a meme, for example, if i pass my own comprehensive judgment — — whatever this judgement is, is narrative economics, or “ stupid investment ” i don't care — it can be applied repeatedly if you find your logic. in the process, if you make a total of 10 hits, three or half of them are lost, but you may lose 30, 40%. why? because when i buy meme, it's basically the kind of money i buy, and i don't gamble zero, and i buy little. in that case, i lose 50 percent each time, and i lose 50 percent of the 10 hits
Ten. But there's another five because it's a high-risk return, like five times, ten times, or even 100 times, and that's a good one. For example, Trump, I'm 1.2 or so, and I got a lot of chips. And when you're home, it's dozens of times in a few days. It's crazy. That under this odds, I think meme is a very good thing. In fact, when it comes to meme, you can think of the entire circle, which is the same logic. Bitcoin, for example, certainly has value. It has a different value system than meme, but the same in terms of emotion, consensus, transmission. I mean, if back 10 years, even if the intrinsic value of bitcoin was not recognized as zero, it could be configured as part of traditional investment from the point of view of communication and consensus. So I feel like if I go back 10 years, and I know now, I'll buy bitcoin. Because I now have an investment system that endorses this bell strategy, with high-risk returns. In the circle of currency, I have spoken before with a wide spread: & ldquo; technology is nothing, consensus is worth a million dollars & rdquo; Because, in the money ring, any development team can do some technology and do something, but the real benefits are very small, with fewer users and less income, and the technology itself is not worth mentioning. Not all technology is denied, but most technology in the money ring. & ldquo; Consensus Values & rdquo; i.e., where technology is poor and PMF poor, its consensus narrative can be of great value. And this has been verified. PEPE, for example, people who look down on PEPE, if they buy it at the market value of $20 million, eventually go up to billions of dollars; so is TAP, from 1U or a few points U to billions of dollars. It's the right time not to play meme, it's pale, it's just the self-influencing of the human brain. The human brain sometimes disguises many prejudices as a form of &ldquao; I'm smarter than others; this is actually dangerous。
in meme's narratives, consensus, emotions, i feel like i'm making a difference in life. for example, when you read the news on the internet, on the news, on xinhua news, the headlines came out today, and it was not about you getting the right news, but about you seeing it. so today's headlines are called &ldquao; recommended &rdquao; and recommended is the more you look at it. when my dad used to use headlines, i despised him, and i said, "why do you always transmit wrong, stupid, outdated information?" then one day i realized something, not the headline, not my dad's, but me. why? because i had to understand what the headline was doing, including then turning to the vibrating voice, and now everybody was shaking, and kids and old people were brushing their phones every day. of course, many wise people do not brush it in order to avoid falling into this trap of emotion and consensus. it's now the circle of money that's actually monetizing something of these people. from the doge to today's meme, i think it's a systematic connection that everything is monetized when the ring has the money. anyone who can capture this monetization trajectory can earn money. and i myself, meme helped me achieve a lot of goals, so i'll keep watching this thing。
Here's another example: Bubble Matt. It's too late for me to know about this company when it goes up to about 150 or 160. I was impressed when I read it: “ God, if only I had known earlier. &rdquao; of course, there are opportunities now, because it has also fallen a lot. I think Bubble Matt is my favorite company, because the logic that I've just said is that it's the most compatible of all traditional businesses. It sells emotions, consensus. Ip, you don't want to buy fake bubble-mart, you have to buy the original. Actually, the old LVs were the first to be used by royal nobility before the French Revolution. The king is decapitated, the queen is down, the elite is gone. What about the tailor shop? It's got to make a living, make limits. It's a limited number, and you like it better. So I think Bubble Matt is my favorite company. One of the characteristics of such companies is that brand value will grow. If it puts bubble-mart this IP thing getting stronger and better, people will recognize it, it'll become more valuable. And the old shop gold is also a ghost stock. I find that some women friends are willing to buy at a premium at a time when the price is very high, and they like it. I'm also shocked to hear that the company that gets you the premium is a great company. So is Bubble Matt, through the blind box mechanism, through his own IP, which continues to evolve, and I love this kind of company. So it's the Mask saying — — who controls meme, who controls the world。
screening criteria and reference basis for meme
Alex:understood. the question we just talked about is where my assets are in daewoo's investment system. daewoo talks about a bell strategy that is more blue-chilling and can crush low-box, long-term assets; and meme is the other side of the bell, with high risk and high potential returns. of course, a great deal of speculative skills and a sense of market sentiment are also required. so what are the tougher criteria that you're going to have when you pick a meme on the right side of your bell, building on your years of experience and practice? or filtering a meme. what are your general references
Dae-woo:I myself have summed up a few points, some of which may no longer be relevant。
First, nature. I said before in Ordi that natural diamonds are better than artificial diamonds. Nature means it's a good hand. This meme, it doesn't just pull a few developers, make up a story. You can make it up, he can make it up; you can pull the developers, he can pull. It's not going to work. Ordi, for example, was originally a motto. It was just a technical idea, not a meme. And Ordi is the first part of this inscription, and a meme coin just came out. So that's a little bit of writing on the block chain, and this technology has a token to fire. It's the first token, that's natural. The second one is not natural, it's tailwind. Bitcoin is natural, a system of block chains to the point; the second is less. Now anyone can copy a set of codes out of one & ldquo; Chinese & rdquo; no use. Nature means it's not something that people can develop。
The second is originality, preferably unique innovation. Bome, for example, he's got money, he's not new, but he's got a lot of money, which is interesting. It's hard to recaptulate, with tens of millions of dollars and patterns. That's great. And, of course, a lot of money is coming out of the back, and it's turned into what everyone calls a animal, and it's gone. For example, Brother Manjik, he beat up money, added a little pool and took away tens of millions of dollars。
The third is dissemination. A meme can spread depending on its narrative. For example, Mask sends a picture, which is just one of the many tweets, and it's spread; but if he says he changed his signature to 100 million, it's spread. Trump personally issued money and built a web site, which was more diffuse. So maybe from these angles. Of course every meme is different, it's really hard to do it again. Bome is for money, Pandora is for NFT, Trump is for president, Ordi is for bitcoin, and each one is different。
I was also involved on the basis of a position, not too high. Too high, safety margin. The best meme in the ring, for example, is worth billions. I'm not interested in having a meme that's already 20 billion, like PEPE. Pepe 7 billion, can you theoretically exceed Trump? It's hard for me, and neither narrative nor dissemination is likely to defeat him. There are billions of yuan, and even a few times more Pepe might not make it. Besides, meme's worth zero, and it's not too attractive to enter bear markets。
so i'm on the meme & ldquo; dare be the queen & rdquo; i'm not usually the first one to come in, because the first one is a test of hard work and it's probably very frequent. i can't spend that much time. i'll let the money filter, like a couple of memes around the same narrative, and you can't tell which one is orthodox, so let the market money run. that's the game of money. the real money is the real thing. besides, it's good to be late. for example, i'm usually at a market value of $10 million or more to consider entering, so the probability of being zero is much lower. for example, i'm going to buy 1% of the chips, and the $10 million market value comes in at $100,000. in my financial capacity, 10 times a year is acceptable. and meme takes 1% almost. some people take 10 percent, they get in early, they take too much, they run away, they don't dare, they can't take it。
So on the basis of participation, I look primarily at prices and combine the points that have been made earlier: nature, originality, diffusion, and then decision-making。
meme investment both positive and negative
Alex:ok, daewoo just made himself a meme filter of some criteria, including investment methodology and thinking. would you like to share with us some of your old meme investment experiences? the first is the most successful case you remember, the second is the one you think is worse, and then we'll talk about what you've gained from both。
Dae-woo:In fact, four of them are more satisfied. The first is Bome, which, as mentioned earlier, is money-laundering, has patterns and is very good at that point in time, and the chain is very active. I'm about 30 million dollars in value, and I'm actually very high. Many people say they've earned a thousand times more, like those who hit the money, making a lot of money. I went in and took a larger share of the chips. It was three days ago, and it was crazy, and the money in the account went up. Then, when the news came out of Bône, there was a wave of booming, and I was very good at it, so I took it for days. I was just thinking that it was possible that he was above Pepe. Pepe was 7 billion, he was only 1 billion, he was seven times higher, and he made so much money. But after the coin went in, I reminded myself that I'd almost get it. I sold it and fell, and I didn't have any mental concerns about turning it into money. And then it went down, and I couldn't remember exactly what the number was, and it was about 0.2 to about 0.15. I went back to 0.2 when I finished selling, and I felt a little sorry, and it was a lot of money if I didn't. It ended up in a silo, falling every day and selling it. The second is Trump. It's a billion dollars in value, but it's early, about 10 minutes after it's online. I'm in my own group, and many of my friends have made huge gains in this wave. Bome, Trump, ordi, Pandora, in these four coins, a bunch of friends make billions. After that, a group of friends gave me red bags, tens of thousands of dollars. There are four or five people who cross the class. Trumpcoin was worse when people got rich. I've taken a lot of chips on the Trumps myself. I've done a lot of hard work. But I started selling it about 10 times more, because it was too volatile and a little scary. In two, three hours, the big barn is 10 times the profit, and it's actually a test of heart. I was talking to friends, talking to friends, having a very twilight mind, and it was a reflex. I noticed that 0Xsun operated exactly the same way I did, at the same time, at the same rate, I sold 90%, he sold 80%. After all, this is a mistake. Most of the time it was too messy, and every time the book was beating, it was millions of dollars, too much information to judge, too much stress. At the time, it was felt to be worth 10 billion dollars, a huge threshold for a lot of meme. It is wrong to say that the chances of meeting the President's currency in a lifetime are very few, and instead of jumping out and thinking about it, they get caught up in a lot of information. So I'm talking to you today suddenly with the feeling that sometimes when major decisions are made, I might be able to go alone, for example, for a walk, think in a good environment, like meditation. I went for a walk in a park in Hong Kong, and there was a show by Bruce Lee and Kim, and I looked at it and thought about it, and I sold it. That was a better sale without a good framework, and there was already a good framework for Trump. I did two things, the first was to sell, because I had a good investment framework, and I had a lot of money on most of the meme and I couldn't hold it. I ran fast with a little movement, and I broke the k line for 15 minutes. I did the same on the Trump coin, and it was wrong to say it afterwards, because it was rare。
speaking of cases of failure, it's from this repetition. and after trump, i was thinking, you know, the right thing to do, you know, to get away from everything. i wonder if other countries would follow such an excellent opportunity for the president to issue currency. which president is most likely? i am thinking of argentine president miley, who is a reformist and internationally reputable and pro-digital currency. if he's going to make a deal, i'd like to wait for him to make a big profit. he's given the coin. i've seen it in a few minutes. buying it will double. i'm a big pool. double it feels like i expected it to deepen my confidence. but at this point i didn't follow my own trading strategy. i've been watching prices fall, profit is gone, principal begins to fall. that's not right. why did you fall so much? it's all right at first, but at my cost, i've been putting buffet's & ldquo; don't lose principal & rdquo; remember, that's more like my speculation. at this point i don't get it, i don't know why, but still stop, and lose about 20%. it's not much to lose, but it hurts. the president of argentina later denied it and became a bloody farce. in retrospect, the big chance has to be done, but the basic iron law has to be careful not to lose the principal or just a little, and not to have a gambler mentality. like trump, it would have been nice to have sold 10 times as much as this time. i think the most important thing in the ring is to live a long life, as long as it lasts, where there's always a chance to make big money and get rich sooner or later。
excellent meme. required qualities for investors
Alex:ok, daewoo just told me three cases, all very detailed. one voice in the market, or in the investor community, is that it's very natural to invest in meme, or to achieve good results in meme’s investments. in your view, including natural endowments and acquired ability, which qualities are required of a good meme investor
Dae-woo:i'm not sure if i need talent, because this definition is actually complicated. but i think that whether you invest in meme or anything else, even if you invest or not, you have to look at character. each person has a different personality, which is actually embedded in talent or ability. for example, a person with little schooling and a low iq may be of his own character. and on that basis, there are many different kinds of personalities. some people are hot in three minutes, think and change fast; some people are very emotional, and they like something or hold something for a long time. these will have a significant impact on investment outcomes. if i play meme on my own, i'll give you an example of having to be a scum. scumbags never fall in love, never in love. you buy a meme, you know it's worth zero. you're just having a good time with it. but as long as there is something wrong, a white eye flips over and goes away without hesitation. but if you're a enthusiast, you have to play with meme, i think you should just try it. different identities determine different outcomes. that is why i have asked before whether there is a need for talent and qualities, and i think the most important point is character and nothing else。
And on the basis of the right character, some people just want to make money, think that meme can be high-risk and high-yield, and that it could be good, and that, for example, the person's character is neutral, and in that case I sum up a few of the advantages that need to be: first, some people are small, but very resourceful. There are two outstanding representatives here: oXsun and laser cats. They all have their own communities, which are very active and focus on meme every day. There's a player in Taiwan called Big D. They'll notice almost every contract, every meme. It's probably only $10,000 in market value at the time of coming out, even at the in-house stage. They must have had a high frequency. For example, when I spent $100,000 on a $10 million market value, they could have spent $100, 10,000 times. That's hard work, and of course other qualities are essential, because the earlier the money, 99 percent, is zero, and the faster you work, the faster you lose. But I also need to be diligent in my boldness. For example, when Trump came out, I was right in front of the computer, and that was a necessity. Because I keep the routine in front of computers, reading, learning. If you don't see it, you miss it. We missed it. Ten minutes at 1 billion, 30 minutes at 3 billion, two hours late, maybe 10 billion at dinner without a phone. I've been out for the first time since 10 billion, and I'll be lucky to bet again. It's normal to fall 50% if you go back to the barn。
Second, vision. I can't get too far. I didn't have a lot of eyes in my early years, but I'm very good. This thing depends on a lot of training. You have to be active, speculative, cheap and trained in real silver and silver. You really have to lose money and earn money. It's not a game. It's a game of judgment. It's a game of replay, reflection, summation and improvement。
third, air luck. sounds like a lot of science, but i think people really need a little luck. you don't have the luck to fire a meme that's really hard on you. meme is worth zero per se, no matter how well you judge it, it's still like a texas poker game. it's got a lot of calculations, but it's got a little luck. how do we get lucky? from a fundamental point of view, it's about doing good and being good. i have in mind the idea that the wealth that man acquires is that fate is left to us for the time being. you better be a good person to take on wealth, and you better have an ideal to earn a lot of money and give back to society and help people in need. i think that's better luck。
there's one more that's bold. generally good investments, such as value investments, do not require boldness. you see, it's natural to want to vote, to fall, because you know where it's worth. but playing with meme takes guts, because it really has a gambling component, it takes luck, it takes guts. it depends on whether it's real or fake. it's not true that some people have the guts to buy them before they get them. it's really bold, like cool. he could make $200 million a night, or lose $200 million a day, but next time he dared to do it again, that would be bold. if we'd done this a few times, we'd have lost our mind. it's not that a man's got a lot of money and he's got a lot of nerve. it's about character. for example, a man who earns $200 million, but if he is a careful, thoughtful man himself, he cannot say: & ldquo; i'm rich now, take a hundred million. & rdquo; and the other could be only 10 million, he might say: “ direct sooha! lose and go back to the takeaway. ” this is the difference in character。
last rule, i think a good meme investor is going to stop the damage. meme is actually a small, high-risk multiplication. but if you're able to control this part of the risk better, you're sure to get a big boost. so-called risk control is to buy as cheap as possible and run faster when there is a risk. i don't have a chance to run. i have to stop the damage. i used to buy argentine dollars, for example, when i looked at it and didn't see too much risk, but it kept falling. i knew someone had to be delivering in large quantities, probably a marketer who cut herbs, and the project was going out, or i couldn't explain it, and i stopped the damage. the damage must be relentless and resolute. i found that a lot of people bought the money and got locked up like this: bought a million dollars, fell to 900,000, he said & ldquo; it's okay & rdquo; if i say this project is bad at this point, and there's already a risk, he'll come up and yell at me; he'll fall to 800,000, 700,000, he'll say & ldquo; he'll bounce back to & rdquo; he'll fall to 500,000, he won't yell at anyone, he'll be silent; he'll fall to 400,000, 300,000, he'll just stop looking, he's numb, he'll get used to it. i don't think so. if i buy one million, now i fall to 800,000, 700,000, i stop the damage, and i have 700,000 left. if it falls fast, like a million up in the morning to 300,000, so can i. i'll think about it differently: if i had 300 grand in my hand, would i buy it now? if the answer is no, i'll sell it. i don't think &ldquao; i lost 300,000 & rdquao from 1 million; i just want &ldquao; i have 300,000 & & rdquao。
balance with other asset classes
Alex:okay, very specific. so we know that meme is one of the asset classes that daewoo invests in, and he's very rich in the type and type of target. in terms of your current investment system, could you share with us what other asset classes besides meme? how do you balance these blue chips with the value investment class of assets and meme investments
Dae-woo:actually, i'm a value investor. of course, this self-evaluation may sound a little funny, because i make a lot of money from speculation. then why am i a value investor? because i think the value of meme is zero, and the price can be infinite. in the process, i put &ldquao; the price can be infinite &rdqua; the logic is clear and explains why and how i am involved. so this part is more of a tool for making money. i think that in making money, whether it be investment or speculation, it is making money, without a big deal, and the key is to be fit. if it suits you, then do it. and i'm saying that i'm a value investor because i'm convinced of compound interest and the intrinsic value of a business. for example, i don't care if a stock goes up today and falls tomorrow. more often, i think, if the company now has a market value of $10 billion, and i have $10 billion, i'd rather buy it all, and then i'll just leave it, as a major shareholder, to enjoy the dividends of corporate growth, and that's how much i earn. from a balanced perspective, i think the two are actually in harmony with me. meme's intrinsic value is zero, and what i really have for a long time is something that's intrinsically valuable。
In terms of asset classes, the principal is equities. I think bitcoin is a substitute for gold. And I've invested in some movies, and I've got to wait for the show, because I'm a little bit of a director myself. In addition, I have a company registered overseas, and I'm going to invest in this type of equity project like SpaceX. Equity investments are early projects. Like SpaceX, which now has a market value of $40 billion, according to indicators like PE, it is now overestimated, and therefore many early investors are willing to transfer old shares. But I appreciate this equity investment. When humanity truly enters the age of stars, the market value of such companies could reach billions, if not millions, in the future. In terms of traditional investment, I prefer to make calls and build more companies. The power of the call is well known, and I love its business model, which is capitalism & ldquo; reverse & rdquo; In terms of business models, I'm not going to compare it with Amazon, and I think it's all retail sales around the world, including Costco, Wal-Mart, Sam. It may be said now that it's not even possible to fight Kyoto. But I think this business model determines that it will win. This judgement is in fact similar to the logic of Mask when he built the electric car, when there were no electric cars in the world, but he said that the tram was to replace the oil truck, because it was more efficient and finally achieved. I like this kind of company very much, because I can do it with a strong push。
to meme to invest in new people
Alex:Then enter our last question today. Our podcast listeners should have a lot of new friends who haven't officially entered Web3 or started throwing their first Web3 investment. Suppose you have a friend, he's the new investment guy for Web3, and listens to this show today, and thinks meme is a good thing for his character, and you want to try it. If you're going to invest up to three meme proposals for such a new person, what would you suggest
Dae-woo:If you're new, I think it's best not to vote. Take the bitcoin first. Bitcoin's risk is already high enough to be challenging for many new entrants. My suggestion is to understand bitcoin first. Bitcoin is against an increase in French currency, which is bound to increase. For example, US revenues of $5 trillion a year and interest spending of $1.5 trillion are certainly unsustainable. If the United States made more money than military spending, it would have to increase its currency. In such cases, bitcoin, like gold, runs on the road to fighting the French currency. If bitcoin catches gold, there's more than a dozen times more room. There's a stronger consensus in gold than in gold in 10 years; but a hundred years later, I think 100% is stronger than in gold. I've always had a judgment about SpaceX, that there's no limit to the amount of gold in outer space. It is difficult for humans to exploit now, but in the future, with the development of starships, Mars migrations and artificial intelligence, future mining vessels can become unincorporated, relying on robots to build deposits. Science and technology are evolving so that gold can become a common mineral. Turns out I was thinking about how humans are going to go into the age of stars, and how the bitcoin nodes are synchronized. It has recently been discovered that there is no such problem, because quantum communication is for something like Bitcoin. Yang Jinning said that countries had studied quantum communication as a very important research direction for many years, and that no matter how far away, without an electromagnetic feeling, signals could be exchanged directly. Bitcoin became an interstellar asset, an asset of interstellar citizens. If we enter the age of stars, the concept of the State will also be weakened. The Martian colony, for example, may not belong to the Earth, and new systems will emerge. Say again, if you really want to be involved, use 1% of the money. If you find yourself easy, go back to the first, don't vote. Because humanity is hard to fight, greed and fear are hard to fight. If you spend only 1% of your money, you can keep your mind up。
Alex:well, thank you for sharing so much with us, from his personal experience of investing in meme, to the abstract theory of investment methods and the content and inspiration of character and perception. thanks again to daewoo for our show, i hope we can talk about something else later。
📅Diterbitkan：2025/10/31 02:54
🔄Dikemas kini：2025/10/31 02:54
🔗Sumber：PANews