There is really no need to envy the recent rise of A-shares. A-share investors have been working hard for several years and finally got such a wave. To be fair, the two waves of rise in the cryptocurrency market at the beginning of 2023 and 2024 were not as fierce as those in the cryptocurrency market. It is not always the case that A-share investors get beaten, right?
Moreover, in this policy market, how many ordinary retail investors who have no news can buy at the lowest price? Most A-share investors are still on the way to recover their capital. It seems that there are many people who come out to show off their earnings, but in fact they are just survivor bias. After all, everyone just wants to show off how much money they have made. If you ask the buddies who have not recovered their capital, they will not say a word. Hahaha. Of course, retail investors in A-shares can definitely make money. After all, the determination to stimulate the market this time seems to be very strong and resolute.
Back to the cryptocurrency market, in fact, B and A-shares all depend on funds to rise, and have nothing to do with fundamentals. Although A-shares are godsons, after all, there is PBOC, the father, to release water behind them. At present, there is no water in the cryptocurrency market. . But don't worry, take a long-term view. The fact that the two major economies cut interest rates and released money together this time has proved one thing: debts must be diluted by releasing money. Currently, both companies are in debt. The annual interest on West China University of Finance and Economics' 37 trillion US dollars of national debt is more than 1 trillion yuan. East China University of Finance and Economics' municipal bonds, government bonds and residents' debts are also more than 300 trillion yuan (RMB), not counting the impact of falling house prices, shrinking assets and reduced income due to economic downturn... So it is only a matter of time before the two major economies release money together. After the release of money, the risk appetite of the capital market will increase and hot money will come to speculate in the currency circle sooner or later. At that time, the purchasing power of FA currency will decrease and the value of encryption will be highlighted again (only limited to mainstream currencies such as Bitcoin, not including copycats)