Over the past couple of days, there have been more incidents in the crypto market.
The exchange, which used to be ranked in the mid-tier—#bitmart —has announced it will stop operations.
Although withdrawal services are still available, the withdrawal process for users isn’t smooth.
There are also employees posting that they haven’t received their July salary and compensation.
They’re demanding that the founder disclose what happened to users’ funds, reveal the platform’s wallet assets publicly,
and address the specific issues regarding unpaid wages for employees.
If you have assets on BitMart, be sure to go check on it.
There’s also an incident where crypto wallet seed phrases were accidentally leaked.
The Nevada police, almost inadvertently, released part of a body-cam recording.
In the video, the encrypted wallet seed phrase of the person being enforced against was exposed.
Not long after, that wallet was drained, with losses exceeding $1 million.
There was no hacker attack or complex vulnerability—
it was just that #助记词 was captured on police footage and unintentionally exposed.
You lose $1 million just like that—what a pity.
In the crypto market, you can’t imagine how a seemingly careless action can lead to massive losses.
It’s hard to guard against.
And there are some group members who recently made a run on MEME $牛来.
At first, it was a rough, low-budget animated film, #牛来 .
But it ended up going viral because it was so poorly made.
Some netizens insisted on going to support the box office anyway,
enduring the experience of seeing just how bad it really is.
The Niu Lai token was deployed and launched on the BSC chain on August 13.
Within a week, it surged 4,000x.
Those who joined early and got caught up in the excitement truly benefited a lot.
But by now, the farce has run its course—those who made money have already exited.
If you join now, you’re basically the bag-holder.
Better just watch the show.
It’s the same crypto market, yet completely different outcomes.
Some people get rich overnight, while others see their assets go to zero.
Some get trapped on an exchange, while others have their wallets stolen.
In the bear market that people are currently going through,
only those who can hold on until the next cycle are the winners.
If you’re bullish long-term on $BTC ,
dollar-cost-averaging BTC during the bear market might be the best approach.
DCA isn’t about predicting the lowest point, and it can’t guarantee profits.
It’s about splitting your capital into multiple entries to reduce the risk of making an incorrect judgment all at once.
In a bear market, preserve your funds and don’t mess around.
Market conditions might keep getting worse, and the price of your chips will keep getting lower.
Keep a bit of liquidity, so you can buy cheaper assets.
Opportunities belong only to people with money, positions, and patience.
Keep learning and improving your understanding.
After all, people can only earn within the boundaries of their own understanding.
Stay at the table, and you can win in the end.
#熊市预警 #币圈
The exchange, which used to be ranked in the mid-tier—#bitmart —has announced it will stop operations.
Although withdrawal services are still available, the withdrawal process for users isn’t smooth.
There are also employees posting that they haven’t received their July salary and compensation.
They’re demanding that the founder disclose what happened to users’ funds, reveal the platform’s wallet assets publicly,
and address the specific issues regarding unpaid wages for employees.
If you have assets on BitMart, be sure to go check on it.
There’s also an incident where crypto wallet seed phrases were accidentally leaked.
The Nevada police, almost inadvertently, released part of a body-cam recording.
In the video, the encrypted wallet seed phrase of the person being enforced against was exposed.
Not long after, that wallet was drained, with losses exceeding $1 million.
There was no hacker attack or complex vulnerability—
it was just that #助记词 was captured on police footage and unintentionally exposed.
You lose $1 million just like that—what a pity.
In the crypto market, you can’t imagine how a seemingly careless action can lead to massive losses.
It’s hard to guard against.
And there are some group members who recently made a run on MEME $牛来.
At first, it was a rough, low-budget animated film, #牛来 .
But it ended up going viral because it was so poorly made.
Some netizens insisted on going to support the box office anyway,
enduring the experience of seeing just how bad it really is.
The Niu Lai token was deployed and launched on the BSC chain on August 13.
Within a week, it surged 4,000x.
Those who joined early and got caught up in the excitement truly benefited a lot.
But by now, the farce has run its course—those who made money have already exited.
If you join now, you’re basically the bag-holder.
Better just watch the show.
It’s the same crypto market, yet completely different outcomes.
Some people get rich overnight, while others see their assets go to zero.
Some get trapped on an exchange, while others have their wallets stolen.
In the bear market that people are currently going through,
only those who can hold on until the next cycle are the winners.
If you’re bullish long-term on $BTC ,
dollar-cost-averaging BTC during the bear market might be the best approach.
DCA isn’t about predicting the lowest point, and it can’t guarantee profits.
It’s about splitting your capital into multiple entries to reduce the risk of making an incorrect judgment all at once.
In a bear market, preserve your funds and don’t mess around.
Market conditions might keep getting worse, and the price of your chips will keep getting lower.
Keep a bit of liquidity, so you can buy cheaper assets.
Opportunities belong only to people with money, positions, and patience.
Keep learning and improving your understanding.
After all, people can only earn within the boundaries of their own understanding.
Stay at the table, and you can win in the end.
#熊市预警 #币圈