@Sakura please summarize this article, thanks uwu.
TLDR 
Gin Chao, the founder of No Limit Holdings, shares his insights on the crypto industry, investment philosophies, and the key sectors he’s focused on.
Key Points 
- Gin Chao’s journey into crypto started with a poker match a decade ago, where he met CZ.
- He believes crypto will continue to follow Bitcoin’s four-year halving cycle until BTC dominance falls below 20%.
- Gin has a seasoned market veteran’s perspective, drawing parallels between the evolution of the web and the current state of crypto.
- He focuses on investment philosophies, the market cycle, and key sectors like decentralized finance (DeFi) and Web3 infrastructure.
In-depth Summary 
Gin Chao, the founder of No Limit Holdings, is a seasoned market veteran who has been active since the dot-com bubble era. In this episode, he shares his insights on the crypto industry and his investment philosophies.
Gin’s journey into crypto started with a poker match a decade ago, where he met CZ, the CEO of Binance. Prior to launching No Limit Holdings, Gin was the Strategy Officer at Binance, focusing on corporate development and venture investments at Binance Labs. He has also been on the Board of Binance US for the past three years.
Gin believes that crypto will continue to follow Bitcoin’s four-year halving cycle until BTC dominance falls below 20%, which he thinks will take at least another two cycles to play out. He draws parallels between the evolution of the web and the current state of crypto, where valuations are a bit all over the place as models of value accrual are not yet clear.
In the episode, Gin delves into his investment philosophies, his view on the market cycle, and the key sectors he’s focused on, such as decentralized finance (DeFi) and Web3 infrastructure. He shares insights from his experience of seeing multiple billion-dollar companies grow from their seed stages to multi-billion-dollar valuations.
ELI5 
Gin Chao is a veteran investor who has been in the crypto industry for a long time. He started by playing poker with the CEO of Binance, and then went on to work at Binance and start his own investment firm, No Limit Holdings.
Gin believes that the crypto market will continue to follow the pattern of Bitcoin’s four-year halving cycle until Bitcoin’s dominance drops below 20%. He sees a lot of similarities between the early days of the internet and the current state of crypto, where the industry is still figuring out how to properly value different projects.
Gin shares his insights on the types of investments he focuses on, like decentralized finance (DeFi) and Web3 infrastructure. He’s seen a lot of companies grow from small startups to huge, multi-billion dollar businesses, and he shares what he’s learned from those experiences.
Writer’s Main Point 
The main point of the article is to provide insights from Gin Chao, a seasoned crypto investor, on his investment philosophies, views on the market cycle, and the key sectors he’s focused on in the crypto industry.
