The most important reason is that you can do whatever you want without any regulation, which means you can make money however you want, with no upper or lower limits!
Imagine a world without rules, where you can do whatever you want. How many people do you think will unleash their animal nature? The cryptocurrency world provides such an environment.
Xu Xiang is always able to lead, very awesome, right? He made a maximum of 25 billion yuan in the stock market with a capital of 30,000 yuan, which he earned with real ability, and then it was confiscated with one click + he was detained for 4 years...
The reason is that it is too awesome...
But no matter how retail investors in the cryptocurrency circle play, this situation will not occur as long as they are in a formal exchange. It is your ability to make hundreds of millions, and you can still come and go freely!
The most important point for me personally is that this circle can work with project owners and investors to manipulate the secondary market and make money! This operation will put you in jail in the stock market, but this is in the cryptocurrency world, hehe, basic operation! As long as we have coins and U in our hands, we can easily pull, smash, trap, and explode contracts!
To put it bluntly, the cryptocurrency world is a place where big funds surround and kill small and medium funds. As long as my funds are large enough, I can kill everyone by myself and control the market artificially. Black box operations and targeted blasting are never groundless. So for so many years, spot ETFs have not been approved. Do you know why? I am experiencing this myself, and I know the darkness in it. If this thing really passes the ETF, I am quite worried about the pensions of those old men and women on the other side of the ocean...
Just like coins like TRB, as long as the project party and the funds controlling the market don't tell anyone, no one knows where to buy or sell. Everyone in the market is gambling, and they are not the one who will win in the end. We can see all the position and transaction data in the background, including but not limited to pending orders, positions, buying and selling, and the transaction volume of the entire network. We only guarantee the interests of our own team and my own community members. And I can't say that I know the risk a year in advance. It's impossible. At most, I can predict the risk a few weeks or a month in advance. Even the project party cannot know the long-term trend.
The cryptocurrency world is popular because it has not yet been developed, has a high degree of freedom, and anyone with the ability can survive here. It is relatively fair (relatively). The real society is already too mature, and class mobility has stopped.
Some people ask, as society becomes more and more perfect, aren't ordinary people's lives getting better and better? Why has class mobility stopped?
Take BTC as an example
If BTC is legal in China, what will happen? The exchanges must be run by BAT and these giants are more likely to be the Shanghai Stock Exchange. Various financial institutions will participate in it. Do you think retail investors are strong or weak compared to institutions? Are institutions here to give money to retail investors or to cut retail investors?
The answer is very clear. Institutions are far superior to retail investors in terms of information acquisition, professionalism, and capital capacity. Retail investors can only be divided up by institutions. In other words, once Bitcoin is legalized, retail investors will be slaughtered by institutions and their opportunities will disappear. So I don’t understand why so many people expect Bitcoin to be legal and expect ETFs to be passed. Obviously, the legalization of Bitcoin is the biggest nightmare for retail investors. As long as Bitcoin is never legal, this market will always be dominated by retail investors and they will compete with each other. You just need to be more cognitive than most people.
I always believe that the cryptocurrency world is the best way for people to achieve financial freedom. The cryptocurrency world is the most reasonable place. If you think it is wrong, it is because you don’t know enough. The more you know about the cryptocurrency world, the more you will be in awe of it, because the more you know, the less you know. For people who don’t know enough, it is more practical to achieve financial freedom in the casino than in the cryptocurrency world.