Yili Hua: With so many new projects launched every day, the exchange is the biggest beneficiary and driving force.

According to a report by Jinse Finance, on the 23rd, the founder of LD Capital stated on X that cognition is the best core competitiveness. Everyone in the world wants to win, but often only a very small number of people can succeed, for example, with so many new projects launched every day (knowing that most will eventually drop to zero). The exchange/project party/market makers are the biggest beneficiaries and driving forces, while the market is full of ridicule towards VC. A certain big short position is shorting during the phase of decline, while the market is full of jealousy towards the insider. To maintain thinking and progress amidst noisy and useless information, and to enhance cognition and the unity of knowledge and action, is the way to achieve results. Both CZ and Jack Ma started at the age of 38, so there is no need to rush; time is not the issue.