Stay away from skyrocketing coins: Regardless of whether it is a mainstream coin or a copycat coin, coins that skyrocket in the short term are basically scams. After a skyrocketing, there is often a sharp drop. Don't get rich overnight, just get rich slowly.
White-collar workers in Beijing, Shanghai and Guangzhou are much like palace maids and eunuchs in the imperial court. They see the wider world, yet have no future and raise no children. Once they grow older or fall ill, they must leave the palace . Even Nanny Rong was once a palace maid.
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Crypto is the world's most sensitive liquidity detector.
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For the copycat B, those mainstream ones, in the process of bull turning into bear, they will never enter the market unless the market falls to the bottom and goes sideways. eos iost starl plummeted 80%. Still no pull.
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Bitcoin BTC is another excellent choice besides gold. The bull market next year will definitely not be as big as this year, with a 3-fold increase. At most, it will double to $200,000. However, with such a large base, doubling is also quite impressive. Globally, there is basically no better investment target than Bitcoin BTC. Houses and stocks are in trouble.
In 2020, KuCoin exchange's hot wallet was hacked, losing about $280 million. The project froze some assets and recovered about $200 million—a silver lining in a disaster.
I don't know if everyone has noticed that there are more and more people sleeping on the streets in Guangzhou. Under some overpasses, on park benches, in 24-hour KFCs and McDonald's! They have all become places for homeless people to sleep. Many of them are debtors; they're not without a home, but unable to return. Either they have no strength to work, and factories won't take them! Some haven't showered for months, and no place will hire them. Others are part-time food delivery riders living directly in tents! There are all kinds of reasons. They don't rent houses or stay in hotels; they just like sleeping on the streets. I once even encountered a mentally ill person talking to himself! There are also female vagrants, picking bottles while wandering! Who would sleep on the street unless they were desperate?
Working for wages alone will not make you rich. It is like growing grain only to feed chickens until they become fat while you have nothing left to eat. Likewise, after working hard to earn a salary, much of it goes to paying rent, leaving very little for yourself.
Any crypto project promising guaranteed profits makes money from participant principal. Risk-free high returns do not exist; treat every fixed-yield claim with extreme suspicion.
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The weak have no voice. A sheep cannot argue whether the lion, tiger, or wolf that eats it is right or wrong.
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If market monitoring dominates your life, your mental state is out of balance. Investment should be one component of life rather than an all-consuming obsession.
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When it comes to virtual currency, a bunch of idiots will immediately say that it is a value investment. To be honest, the reason why the virtual currency circle is loved by everyone is because it can make you rich and make money. Have you seen its actual application value? Have you used it? In fact, many applications developed by the development coins are not worth watching at all, they are just hype...
Xi Huang, once just an ordinary novice in the cryptocurrency circle, resolutely bought $SHIB with only $100 in early 2021. Her friends around her questioned her crazy behavior, but Xi Huang always insisted on it with her trust in the Shib community and her confidence in its technical potential. Even when the price of Shib plummeted by more than 90%, she still did not give up, and regarded it as her virtual pet Xiao Chai, relying on this unique belief to persevere. Finally, when the market recovered, she reaped a staggering 260,000 times return, and $100 miraculously turned into $260 million, and she has since become a widely praised legend in the cryptocurrency circle.
To make back the investment after a 10% drop, a 11% increase is needed; to make back the investment after a 20% drop, a 25% increase is needed; to make back the investment after a 30% drop, a 43% increase is needed; to make back the investment after a 40% drop, a 67% increase is needed; to make back the investment after a 50% drop, a 100% increase is needed; to make back the investment after a 60% drop, a 250% increase is needed; to make back the investment after a 70% drop, a 333% increase is needed; to make back the investment after a 80% drop, a 500% increase is needed; to make back the investment after a 90% drop, a 1000% increase is needed.
Those who were born in the 1950s, 1960s, and 1970s speculated on extremely expensive houses. Let them exchange them for them using the air-like coded digital currency invented by those born in the 1980s, 1990s, and 2000s.
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