Today I attended a sharing session about AI outside, and there were nearly 100 people in attendance. The popularity was comparable to crypto project sharing conferences, which shows how hot AI is right now.

I noticed that the price of gold has plummeted. Although from a long-term perspective, gold is a hedge against inflation, the bull-bear cycles may last more than a decade. Therefore, if 5000+ is the peak, you need to be prepared for being trapped in deep losses for over a decade. But how many ten-year investment cycles does one have in a lifetime?

With that said, prices in the crypto space are likely to face pressure going forward. If even precious metals like gold have such brief market moves, then we should be prepared for a bear market this year.

That's all for today's simple chat. Have a pleasant weekend.