Made an easy decision... Today, I will replace 25% of my position in Tencent's Hong Kong stock #HK00700 with Victory Securities' Hong Kong stock #HK08540. Taking profits, my old comrade: In Q3 2018, I bought Tencent at 400 HKD, and over the past 7 years, I have experienced the peak of 710 HKD and the lowest point of 180 HKD. I have also witnessed how Hong Kong stocks have been completely drained of liquidity by Western forces, watching friends with millions in assets nearly face liquidation, repeatedly stimulated to add to their positions. I've had enough of this crazy roller coaster. The lessons and pullbacks from the BTC ecosystem two years ago have taught me enough; one must learn to be content. Strategic small replacement: Choosing Victory Securities is based on their active exploration and layout in #RWA over the past two years, closely cooperating with the Hong Kong government. They have also established connections with dozens of securities firms and ensured compliance for cryptocurrency channels with HSK, investing sufficient time and resources to fully lay out and settle in Hong Kong's #Web3. A month and a half ago, I built a position in Victory Securities at 6.6 HKD in two batches. If their own exchange VDX obtains a cryptocurrency trading license, their position in the B2B service ecosystem will be very stable. Moreover, having turned a profit this year, the potential for growth and acceleration will be greater than Tencent's. It's not that I don't have faith in Tencent; I just want to catch a Web3 dark horse. This year, Hong Kong stocks are bound to be in a bull market; after the storm comes the calm, and the fortunes of the nation will surely stand by our side!
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