🧐Why am I building a group at this time, and what is my main task for the next ten years? I will clarify everything here—
First, let’s talk about some developments regarding the new group:
The 10K Club community has basically completed its selection today:
Applications can continue until the 30th; after the 30th, there may be other themes in the future, but no one else will be admitted to this group!
Before establishing the group, friends asked me two questions:
1️⃣ Why set up a walking group instead of a fitness group? Wouldn't a fitness group attract more people?
2️⃣ Why implement a 200U deposit mechanism? Wouldn't it be more effective without it?
I think this is a question many people have. Clearly, I have stuck to my original idea. Here’s why I did this:
1️⃣ Why a walking group and not other fitness activities?
I believe that in anything we do, we should first ask about the purpose.
My purpose is very simple:
I enjoy walking, so I hope to find companions who also love walking and can stick with it. Together, we can navigate the ups and downs of Web3, not only exercising our bodies but also exchanging thoughts and insights.
As for why I didn’t set up other fitness activities!
Simply because I don’t understand them and they are hard to quantify. I want the members of the group to be able to stick with this activity, and daily walking steps are a very quantifiable standard. Other fitness standards are not uniform and would complicate the community, so I believe simpler is better. Although this may exclude many people, I think this is the best choice for now.
So I apologize to many friends who privately messaged me about other fitness activities; I will continue to establish other communities in the future, and everyone can choose to join then.
2️⃣ Why is there a 200U deposit?
Building the 10K Club is a selection process. Many people can see the construction process, and many are restless, which is not suitable for the atmosphere of this community. Therefore, I need to set a visible but not too high financial barrier to filter members, making the community more valuable.
Additionally, the 200U will be refunded to everyone at the end of the check-in period. Of course, if you do not complete it, I will donate that money for you, helping you accumulate some good fortune, which I believe you would be willing to do.
For me, I do not take a penny, and it even brings me a lot of trouble.
So those who think I am just trying to profit are clearly not thinking straight.
3️⃣ What do I want to achieve:
Firstly, my path for the next ten years is very clear. I will persist in altruism and help more people who truly need help. The universe is conserved; those who consistently practice altruism will not end up too badly, and I have deeply experienced this.
Many of my wealth has come from unintentional kindness to others.
Secondly, after three cycles of bull and bear markets, I feel the need to find people who can walk alongside me. It is not easy for a lonely person to accumulate coins and endure the bull and bear markets; only those who have experienced the ups and downs know the bittersweet journey. Our market needs people who can walk with us.
Meeting more offline or forming like-minded teams, finding reliable partners for mutual benefit, can lead to a more stable and long-lasting journey.
This is the main purpose!
This goal emerged from my mind while exploring how to build an altruistic community.
I will also try other communities and hold offline meetings, but I want to mention in advance that meetings will be quite expensive.
At that time, there will also be clear pricing and threshold settings.
Because without thresholds, everything is meaningless!
Firstly, my time cost is very high. I previously estimated that my daily cost is around 5000U. I will share how this cost is calculated later, and you will see that this expense is very reasonable. Therefore, in the future, I will set my threshold fees based on this.
Secondly, setting a threshold does not mean I want to profit from this money.
What is my purpose? Selection!
So, in the future, no matter what group I build, I will not take a penny, but I want you to spend money, using the money to buy my time, which will be donated to a charitable cause we both recognize! This money will be used to help others.
In this way, we both accumulate some good fortune!
What you gain is all my valuable resources and experiences from these years; what I gain is a partner who can potentially walk alongside me after the selection.
This is the basic logic of what I want to do in the next ten years!
3️⃣ About today’s self-introduction in our 10K Club;
Today, with nearly everyone in, I had everyone introduce themselves, and indeed, the power of selection is immense. The group includes exchanges, project parties, yield farmers, miners, and experts from the traditional Web2 industry, making it quite a mixed bag.
However, this aligns perfectly with my intentions.
This way, we can encounter more interesting things:
I structured my self-introduction around four questions:
1) Briefly introduce yourself;
2) Where are you based;
3) What do you do, and how do you profit in Web3?
4) In what ways can I help everyone or provide resources?
5) What help might I need? (optional)
Here is my personal introduction in the group:
1️⃣ Briefly introduce yourself, where are you based;
Hello everyone, I am Bitwu, a nine-year veteran of the industry through three bull and bear cycles. I was the first to operate the WeChat and Weibo accounts for "Wu Explains Blockchain" and "Bitwu." In 2021, I transitioned to Twitter, and I am an old-timer who has survived multiple industry shocks and personal ups and downs.
My personal motto is: Slow is fast, less is more, always see the risks first! I may not be that smart, but I can survive through several bull markets.
In the past ten years, I have focused on content, investment, and connections—always adhering to one principle: continuously upgrading myself and finding others to upgrade with me.
I am somewhat nomadic in my base, but I spend most of my time in Wuhan.
2️⃣ What do you do, and how do you profit in Web3?
I mainly do three things:
Content & Investment Research:
I have been writing project analyses, cyclical views, and cognitive frameworks on Twitter for a long time;
Investment: Early-stage projects, secondary markets, structured arbitrage;
Connections: Connecting some new and interesting business models (for example, last year I helped recover 1500 BTC, which was an unexpected business model).
So I have been leveraging influence and monetizing leverage. Currently, I think I can be considered a professional investor.
In addition to WEB3, I also invest in US stocks, gold, etc., but the main battlefield is still in the primary market investments of WEB3.
Most of my profits come from monetization after listing.
In simple terms: I make money through cognition + influence + correct direction.
3️⃣ In what ways can I help everyone or provide resources?
I believe I have a strong voice regarding industry opportunities and risks.
To be more specific:
Project insights and research capabilities: If you want to understand a certain direction, I can quickly help you grasp the logic and set the framework;
Resource connections: I have many friends in projects/KOLs/researchers/institutions and can help you connect and collaborate;
Growth systems: I am constantly refining methodologies in investment, writing, English, and even lifestyle, and I am willing to share;
4️⃣ What help might I need? (optional)
I think I need:
Genuine friends:
Those who can walk alongside me for the long term, dare to speak the truth, and can grow together;
Project collaboration & recommendations:
If there are projects worth digging deeper into, investing in, or helping, please feel free to share them with me first;
Skill development:
Let’s work together to lead a healthy life, so we need to explore better versions of ourselves together.
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