Huang Qifan: What is the essence of finance? (Easy to understand)
A brother asked me, what is the essence of finance in China?
Here I quote Mayor Huang Qifan's three sentences:
First: manage finances for the wealthy, and provide financing for those in need.
Secondly, the core essence of financial enterprises lies in the three aspects of credit, leverage, and risk, and it is crucial to grasp the balance among these three aspects.
Thirdly: The purpose of all financial activities is to serve the real economy.

Both losses and gains are real; do not trust the masters who claim to earn forever.

Where are there children crying every day, turning into slaves and losing their possessions?

Hello everyone, I gave myself a name [Su Bajie], I am a practitioner in the financial payment industry, I have been in the industry for 10 years ➕, and I have also been the head of a payment company in the southwest region, and the company under my name has also been listed on the New Third Board, with the second largest transaction volume in the southwest region and the top ten in the country. Of course, it doesn't matter, because before the epidemic, I had sold all my shares to enter the real estate, commercial custody, confinement center, tea house chain and other industries, and the result

The pain in the baby's heart

Analysis → Build a Position → Test the Market → Consolidation → Initial Rise → Whipsaw → Pump → Dump → Rebound → Dumping → Cycle...
Preparation Stage
Before the market makers start to intervene in a certain cryptocurrency, they will comprehensively collect various information about the project, including precise statistics on the total amount of chips, unlocking situations, cost of investors at different levels, chip dispersion, and community enthusiasm assessment, etc.
After gathering the information, they will set the pump target based on the scale of funds they can mobilize. (For example, i

Is alt season brewing?
Truth or Dare, how many brothers are still on the road to recouping their investments?

Intelligence from May 7
The first piece of intelligence indicates that the US-led coalition has launched a large-scale attack against the Houthi forces in Yemen, deploying 20 aircraft and conducting 48 strikes within a day. This operation by Israel is a response to the previous multiple attacks by the Houthi forces on Israel. The US and Iran are coordinating efforts to weaken the Houthi forces' combat capabilities, currently targeting the Hodeidah International Airport in Yemen and Houthi military bases. Meanwhile, the Houthi forces have responded by announcing that they have notified all airl

#Gate.io 币种上新# a word, only repetitive things are worth doing. Don't spend time, energy and money on things that can't be repeated, only repetitive things should be worth your investment and worthy of your seriousness. It's worth your money. It's worth your energy, because it can be repeated, it's a very simple and vulgar sentence. Where is the point of the law of this law? If the number of repetitions increases, the quantitative change will definitely reach the qualitative change, which is the law. Unstoppable force majeure, when it reaches a certain magnitude, what will it become? Legend is

Before I was in the high-speed exhibition period, I first ate big meat, ordinary people can drink meat, the distribution is unreasonable, 28 or even 19, but 2 or 1 of them is faster than the 19th. Moreover, the former 几年房价在账面 has also always been Shang涨的,高买房早的6070後们共享到经济发展的红利,对分配的正。 但在经济新常态之后,高位接盘楼市的90、00后们成为了社会舆论的mainstream,叠加上这两年普通人的工资增速骤降,也造成現在分配类的评论往往能引起大多數人共鸣。 但如果我们就分配进行细化的讨论,比如目前的分配模式里到底谁拿了大头,是政府还是企業业? 初次分配和secondary 分配的结构在近几年有什么变化吗? 哪些地方还有可以向居民倾斜的空间? 这些。 真正能問我国分配到底是how 么回事的问题,那其实大部分人并unclear,那本期视频up就带大家深入了解一下我国目前的分配现状,在了解了分配的基础上,在谈一谈国内目前经济不景气的核心原因。 After the end of this year, the excite

Teacher, I just want to find a way to make sure that I can win all the time? In early 2018, at a small closed-door trading seminar in Central, Hong Kong, young trader Ryan frowned and posed the question to B-circle legend Arthur Hayes. Arthur Hayes, a former Deutsche Bank trader, founder of Batemax, was tempered in a storm and rejected trades. Ryan Arthur is firm in his words, and trading is never a surefire trade. It's essentially trading risk for opportunity. Ryan asked, confused, then why can't you just seize the opportunity of certainty? Arthur smiled slightly and replied, certainty, if th

Teacher, as soon as the account is lost, I can't help but close the position, isn't it too fragile? In the spring of 1984, Richard Dennis was a futures legend who turned a few thousand dollars into hundreds of millions of dollars. Dennis leaned back in his chair and responded calmly and forcefully, Peter's floating profit and loss, but the product of market fluctuations is not the essence of trading, Peter Yizheng, frowned slightly, and asked puzzledly, but the account number is moving, isn't it the actual profit and loss? Dennis smiled slightly, speaking of the market itself is disorderly, ra

early morning of the 5th
The first piece of information is that Trump has made a clear statement for the first time, saying he will not fire Powell prematurely, but reiterating that the Federal Reserve should lower interest rates. American small businesses do not need any relief.
The second intelligence source stated that OPEC+ may continue to accelerate production by 411,000 barrels per day in July.
The third piece of information is that Trump stated he does not know whether he must abide by the U.S. Constitution.
In the fourth piece of information, Trump was asked in an interview whether he

A technique that instantly makes you strong is to wait for someone to pause for a second or two before speaking when someone compliments you for being polite to you. In a second or two, he wondered if he had said the wrong thing. After a second or two, no matter what you say, he has to think about whether you are telling the truth or the scene, whether you are really happy or falsely happy, he feels that you are a bit deep, not the kind of person who is easy to fool. Of course, your expression should be steady, and you should not show confusion, happiness, or distress. You can count in your mi

May 3rd noon
The first message, Trump says the Federal Reserve should lower interest rates. The second message, Trump suggested at a university graduation ceremony that business school students should engage in factory and workshop construction, laying concrete in the United States, instead of always thinking about speculation.
The third message states that the United States is unwilling to grant Japan exemptions from tariffs on automobiles and steel, as well as a 10% reciprocal tariff exemption.
The fourth message, Trump stated that he will revoke Harvard University's tax-exempt status.
The f