The platform has spoken, and most of the fair trades have been blocked by you. There are no positions left for closing. #币安 was blocked for another day yesterday. Today I want to earn a little more, but it all went back and got blocked.
Over 500 exchanges globally, why do seasoned traders only trust Binance? Because Binance is the 'water, electricity, and coal' of the crypto world—you can choose not to use it, but you can't avoid it. Your value, your credit, is unique.
Can't sleep, simply can't sleep! High risk detected. Why was this coin listed in the first place, and who is responsible for it? I have some doubts about the platform's accountability. On one hand, they want to get new users recommended. Is it just to lure people in for exploitation? No wonder 13 departments have joined forces to crack down on virtual currency.
On October 7th, I entered the cryptocurrency world with 13u, added 300Y, and the account became 1300Y. After that, it kept falling, and I gradually added another 145u. Now there’s about 1000Y left in the account. This kind of 'sweet at first, bitter later' routine is the most exhausting, first letting me taste a bit of sweetness, then testing my greed and fear.
Why is there a strict crackdown on virtual currencies in the country? Because ordinary people enter this industry, and their funds evaporate instantly (just like the image below), leaving behind only high-net-worth individuals. On November 30, 2023, a special rectification action on virtual currencies was jointly launched by 13 departments in China, which will have a profound impact on the cryptocurrency sector. This action focuses on cracking down on illegal fundraising, money laundering, pyramid schemes, and other illegal activities, which may lead to the following changes: After the announcement, some funds may panic and withdraw, putting short-term pressure on mainstream cryptocurrency prices. Small and medium exchanges will face stricter scrutiny, and some platforms may suspend services. Elimination of non-compliant projects, with high-quality blockchain projects becoming more valuable. Strengthening investor education to reduce the living space for fraudulent projects. Short-term avoidance of high-leverage operations, with attention to the dynamics of compliant platforms. Long-term layout of solid technological, compliant Web3 projects.