I just learned about different ways to set up a BTC wallet and found that there are quite a few options depending on each person's needs. If you're just starting out, choosing the right type of wallet is an important first step. There are three main options: software wallets (also called hot wallets), hardware wallets, and online wallets on exchanges. With a software wallet, you just need to download an app from the App Store or Google Play, install it, and then create a new wallet by setting a password. The most important part is to write down the recovery phrase (seed phrase) and store it in a safe place—that's the key to restoring your BTC wallet when needed. This method is convenient and easy to use, suitable for those who want quick access. Hardware wallets are different—you need to buy a device, connect it via USB to your computer, install the corresponding software, and follow the instructions to create a wallet. The process is a bit more complex but much safer because the private key is stored offline. If you want a quick solution, you can create a Bitcoin wallet directly on the exchange after registering and verifying your identity. However, this method should only be used for short-term trading, not for long-term storage. Regarding wallets that support multiple cryptocurrencies, there are quite a few options nowadays. Trust Wallet supports a wide variety of ERC-20, BEP-20 tokens, and other blockchains. MetaMask is popular within the Ethereum community with many ERC-20 tokens. Other wallets like Exodus have user-friendly interfaces and are easy to use, also supporting many types of cryptocurrencies. A common question is whether to store Bitcoin long-term on online wallets. I'll be straightforward: no, you shouldn't. Although convenient, it carries significant risks. Exchanges can be hacked, leading to asset loss. Additionally, if the exchange shuts down, you won't be able to access your BTC wallet. Legal regulations can also change at any time, affecting your usage. Therefore, if you want to securely store Bitcoin long-term, choose a hardware wallet or a paper wallet (cold wallet). The most important thing is to protect your seed phrase—that's the only key to your wallet. Never share it with anyone, even support staff. Enable two-factor authentication when possible, and always update your wallet software to the latest version to patch security vulnerabilities. We don't want to lose sleep worrying about our digital assets, right?

Recently, I’ve noticed people discussing why the market drops as soon as Sun Ge makes a move. Indeed, this phenomenon is quite interesting. To understand the logic behind it, you need to start with where his nickname comes from. As for the name “Sun Ge,” it actually comes from a classic operation in 2018. Back then, at a high point, he directly sold 6 billion TRX, and in a single night he earned 12 billion. That harvest operation made the market remember his name completely. But to truly understand why everything he trades now causes the market to fall, you also need to look at his overall operation logic. This guy is really a genius: born in 1990, and in 2007 he was admitted to Peking University under a special admissions policy with a reduced score. In 2012, he bought a large amount of Bitcoin and made 10 million in less than a year. In 2015, he became the first cohort student of Hupan University— the only post-90s generation (90后). In 2017, he founded TRON and turned the public chain into one of the top three globally. Growing assets from 10 million to 10 billion—this pace of growth is truly astonishing. But the key is his playbook. Every time he starts promoting a certain concept, market sentiment gets stirred up, and retail investors rush in to follow and buy. When the market is rising and reaches a high point, he then begins to sell everything off. The 2019 incident—where he spent 30 million to buy Warren Buffett’s lunch—was especially successful at turning the hype into cashing out more than 100 million worth of TRX. This kind of operation is indeed “genius” in the crypto world, but for the retail investors who follow the crowd, it’s just one repeated harvest after another. So the current phenomenon is actually quite simple: the market has already seen through this pattern. Sun Ge’s nickname isn’t called for nothing. Every time he shows up, it signals that it’s time to dump. That’s why the market no longer buys into it, and even when he hypes something, it keeps falling. It’s not that the market is irrational; it’s that the market has learned to become smarter. Once trust is gone, no matter how he operates, it’s hard to reverse the situation. This is also a case worth thinking about: in the crypto world, how important reputation and trust are.

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