Why do many people play in the cryptocurrency circle nowadays? Why do they not give up even though they know that this circle is very dangerous? Because the traditional industry is too difficult and there is no hope of turning things around. There are too many things to pay for making a little money. It is true that one day in the cryptocurrency circle is like one year in the real world. However, this industry also requires more accumulation and precipitation.
First, let’s take a look at Da Bing’s experience over the years
In the past 20 years, the price of Dabing has increased from 3,000 dollars to 69,000 dollars, which is almost 20 times in 2 years.
In the last round of 2017, the bull market went from $150 to $19,800, which is almost 130 times in 2 years.
In the last round of 2013, the bull market went from $2.3 to $1,100, almost 500 times in 2 years
What can you do to get such multiple returns? Pie only requires you to do one thing: "Buy at the bottom of the bear market and sell at the top of the bull market"
This industry offers the most opportunities and makes money the fastest and most aggressively in the world. It can send people to heaven overnight or hell overnight. Where people go depends entirely on their own understanding.
There are many reasons why many people like to invest and trade in cryptocurrencies:
Potential for high returns: The cryptocurrency market is highly volatile, meaning prices can rise or fall quickly. For some investors, this means the opportunity to earn high returns. Some cryptocurrencies have achieved huge growth in a short period of time, attracting the attention of investors.
Decentralized nature: The decentralization of cryptocurrency is one of its attractions. In the traditional financial system, transactions and payments usually need to be carried out through banks or other intermediaries, while cryptocurrencies use blockchain technology to achieve direct peer-to-peer transactions without the need for intermediaries. This decentralized nature attracts those who are dissatisfied with the traditional financial system or seek greater autonomy.
Investment Diversity: The cryptocurrency market offers a wide range of investment options. In addition to well-known cryptocurrencies such as Bitcoin, there are many other projects and tokens to choose from. This provides investors with diversified investment opportunities and allows them to choose suitable projects based on their interests and risk preferences.
Technological innovation: Cryptocurrency is one of the applications of blockchain technology, and blockchain is considered to be a technology with great potential. By participating in the cryptocurrency market, investors have the opportunity to pay attention to and participate in the development and innovation of this cutting-edge technology, and may gain a first-mover advantage.
Anonymity and privacy: Cryptocurrency provides a certain degree of anonymity and privacy. Although in some cases it is necessary to comply with regulations such as Anti-Money Laundering (AML) and Know Your Customer (KYC), cryptocurrencies can still provide higher privacy protection, making personal information less likely to be leaked.
Whether you think this is a scam or believe in this industry, you cannot deny this world-class wealth transfer feast. Many people take this path just to have a piece of the cake. It is normal that many people like it. It provides a path for many ordinary people to take, and they can get a piece of the pie with a little effort. Who doesn't like it?
Without cryptocurrency, many people might still be screwing screws in factories.
It will not look down on anyone, it will only look down on those who are unwilling to use their brains and work hard.
