{"id":19956,"date":"2024-12-27T15:40:00","date_gmt":"2024-12-27T13:40:00","guid":{"rendered":"https:\/\/forklog.com\/en\/f2pool-founder-unveils-capital-management-strategy\/"},"modified":"2024-12-27T15:40:00","modified_gmt":"2024-12-27T13:40:00","slug":"f2pool-founder-unveils-capital-management-strategy","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/f2pool-founder-unveils-capital-management-strategy\/","title":{"rendered":"F2Pool Founder Unveils Capital Management Strategy"},"content":{"rendered":"<p>Shenyu, co-founder of the mining pool F2Pool and digital asset custodian Cobo Wallet, shared his &#8220;four-wallet&#8221; asset distribution strategy during an <span data-descr=\"ask me anything\" class=\"old_tooltip\">AMA<\/span> session. Journalist Colin Wu provided excerpts.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Shenyu, one of China\u2019s largest Bitcoin miners, described his four-wallet strategy: <\/p>\n<p>Cold Wallet: This is for core assets, with barriers to accessing them. It discourages impulsive actions during FOMO. Typically, this wallet holds over 60% of my assets.<\/p>\n<p>Warm Wallet: Used for\u2026 <a href=\"https:\/\/t.co\/mX5ufaPktK\">pic.twitter.com\/mX5ufaPktK<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1872300813919625375?ref_src=twsrc%5Etfw\">December 26, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The speaker recommended investing in major assets like Bitcoin and Ethereum through phased purchases and storing them in cold wallets for long-term holding.<\/p>\n<p>For experimental tokens such as NFTs, Shenyu suggested a cautious approach with a small portion of capital to explore market potential.<\/p>\n<p>He emphasized the importance of psychological resilience by limiting impulsive actions and adapting strategies during corrections.<\/p>\n<p>In his view, such principles offer a rational foundation and long-term strategy to overcome volatility.<\/p>\n<p>The strategy involves creating four types of wallets:<\/p>\n<ol class=\"wp-block-list\">\n<li>Cold Wallet. Designed for key assets with access barriers. It prevents impulsive actions during <a href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%91%D0%BE%D1%8F%D0%B7%D0%BD%D1%8C_%D0%BF%D1%80%D0%BE%D0%BF%D1%83%D1%81%D1%82%D0%B8%D1%82%D1%8C_%D0%B8%D0%BD%D1%82%D0%B5%D1%80%D0%B5%D1%81%D0%BD%D0%BE%D0%B5\">FOMO<\/a>. Typically, this type accounts for over 60% of <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span>.<\/li>\n<li>Warm Wallet. Used for stable cash flow to maintain composure during bear markets. It holds 20-30% of assets.<\/li>\n<li>Hot Wallet. Intended for speculative or high-risk activities like NFTs. The allocation is small, and profits are periodically transferred to the cold or warm wallet.<\/li>\n<li>Fiat Wallet. Operates on a &#8220;withdrawal only&#8221; principle and covers annual living expenses with a 4% withdrawal limit. This ensures financial independence even if losses occur in other wallets.<\/li>\n<\/ol>\n<p>Shenyu discussed maintaining a trading journal to record emotional states, reasoning, and forecasts for subsequent analysis. He noted that this practice has helped identify patterns and areas for improvement.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Mistakes are valuable feedback. Reflecting on them fosters growth,&#8221;<\/em> he explained.<\/p>\n<\/blockquote>\n<p>The F2Pool co-founder highlighted the importance of focusing on &#8220;core&#8221; assets. Transitioning from the &#8220;entertainment&#8221; category occurs only after a coin endures several market cycles.<\/p>\n<p>This multi-layered approach reduces risks associated with irrational reactions to cryptocurrency dynamics, Shenyu pointed out.<\/p>\n<p>The expert admitted that he also had to rebuild positions after price increases. This happened twice with Ethereum before he concluded that Ether had become a &#8220;monopolist.&#8221;<\/p>\n<p>In November 2023, ForkLog reported that several pools, including F2Pool, blocked transactions involving an address from the <span data-descr=\"Specially Designated Nationals And Blocked Persons List\" class=\"old_tooltip\">SDN<\/span> by the <span data-descr=\"Office of Foreign Assets Control of the US Treasury\" class=\"old_tooltip\">OFAC<\/span>.<\/p>\n<p>Earlier, Colin Wu shared the success story of a 24-year-old crypto trader whose rapid trading and high profits caught the attention of Binance&#8217;s risk control department.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shenyu, co-founder of the mining pool F2Pool and digital asset custodian Cobo Wallet, shared his &#8220;four-wallet&#8221; asset distribution strategy during an AMA session. Journalist Colin Wu provided excerpts. Shenyu, one of China\u2019s largest Bitcoin miners, described his four-wallet strategy: Cold Wallet: This is for core assets, with barriers to accessing them. It discourages impulsive actions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[232,52,57],"class_list":["post-19956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-f2pool","tag-investments","tag-wallets"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19956"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19956\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/19955"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}