‘Sual Legal Lecture’ Is it illegal for individuals to play with virtual currency?
In the current community, many people are curious, or in other words, puzzled about one thing. Is it illegal for me to trade cryptocurrencies after working so hard? Today Saul, I will explain it to you clearly in one breath! In the general public's perception, there is often a misunderstanding that 'individuals playing with virtual currency is illegal.' However, from the perspective of our current effective regulatory rules, the regulatory authorities have never outright banned all personal activities related to virtual currency. The core regulation targets illegal financial activities related to virtual currency that involve businesses and the public. The act of individuals merely holding and taking risks with their investments does not necessarily constitute an illegal act.
Good afternoon, brothers and sisters 🧑🤝🧑 Recently, market sentiment has been rather lukewarm. I don’t know which token or which stock to buy.
Do you also have such worries?! In my free time, I’ve prepared 300 red envelopes of 1888bttc per person 🧧 First come, first served—there won’t be any later, but don’t lose heart.
More activities are coming after this. And all you need to do is: ✅ Like ✅ Follow @币圈-李大霄 ✅ Share with a friend you trade with And you’ll receive your exclusive 🧧 from Lawer. Stay tuned—there will be even bigger 🧧, more of them, and more soon! You’ve worked hard all day—you’re finally off work. What time do you all get off work?
Previously, when I was doing DeFi, the one thing I hated most was this: the yield rate you see today might change tomorrow.
So lately, I’ve been focusing on @TermMax instead.
What I find interesting about TermMax isn’t that it’s simply another “lending protocol,” but that it turns the time aspect of capital into something that can be priced.
How much to borrow, for how long, and what the cost is can be determined right when the trade begins. For capital management, this effectively adds a layer of “certainty” to DeFi.
And TermMax is no longer just fixed-rate lending and borrowing—it’s also building products like Vaults, leverage, and Alpha. (Termmax)
If the next phase of DeFi really shifts from “chasing high APY” to “managing capital,” I think TermMax’s approach is worth continuing to watch. #termmax
I was wrong—I shouldn’t have chased $SPCXB , but I have no choice!
I pushed it up this high—doesn’t that mean it’s about to drop?
The reasons are as follows:
1️⃣ The post-rally trend has already changed In the 1-hour chart, it just jumped from around 139 straight to 149.72. After getting close to the previous high, it didn’t continue with a breakout on increasing volume—instead, it has been falling continuously. Now it’s consolidating around 145. This is a typical “rapid pump—spike—high-level range trading” pattern. In the short term, bullish momentum is clearly not as strong as it was at the beginning.
2️⃣ The technical setup has shown short-term weakening signals The current price is 145.70, which has already returned to around the MA5 and MA10, and is even slightly below the short-term moving averages. The MACD histogram has started to weaken again, and the trading volume—after the initial surge—has noticeably shrunk. 146.50, 148, and 149.72 above are all resistance levels. Trying to break through directly again won’t be easy.
3️⃣ The most critical point: there’s a de-listing/unlock pressure on August 20 Latest news indicates that about 319 million shares of SpaceX stock will enter a tradable stage on August 20. Earlier, on August 6, about 912 million shares had already entered the unlock/de-listing stage. Right now, the stock price has been pushed to around $150, so the market will naturally start pricing in the “unlock sell pressure” ahead of time.
While I was recently browsing Binance Square, I found that I increasingly don’t like content that immediately starts shouting “the next 100x project” 😂. If you see too much of that, you end up not really knowing what the project is actually doing.
So over the past couple of days, I spent some time looking at @TermMax . What attracted me most is that it doesn’t just stay at the level of explaining concepts—it focuses on how to make capital on-chain run more effectively.
My own understanding is that the truly interesting part of DeFi is never how much a coin is up today. Instead, it’s whether a product can make users willing to put their funds into it, and whether the whole mechanism can keep running sustainably.
Of course, it’s still too early to talk about “success.” How far TermMax can go remains to be seen from real usage data, liquidity, and how the product performs under different market conditions.
So for now, I won’t rush to draw conclusions. I’ll observe first and research first.
After all, the easiest thing to find in the crypto space is a story. The hardest thing to find is whether, at the end of the story, anyone is truly willing to back it. #termmax
Some say that once trading restrictions are lifted, the price won’t drop, because $SPCXB was lifted and it didn’t fall—it even rose.
But historically, there are also clear cases where lifting restrictions led to a sharp drop:
📉 Rivian: Around the end of its lock-up period in 2022, the share price fell by as much as about 21%. 📉 Palantir: There was a release of about 1.8 billion shares, far exceeding normal trading volume, and then over the following weeks the stock price pulled back by roughly 29%. 📉 Reddit: There were also obvious fluctuations and selling pressure before and after the release.
Why do I say lifting restrictions will cause a plunge?
The core is just two words: supply.
On August 20, SPCX will again have about 320 million shares become tradable. While the previous release didn’t immediately sell off, that doesn’t mean there won’t be pressure from subsequent releases—because releases steadily increase the float, rather than all being dumped into the market at once!
$HEMI raises at a glance to dump Those getting on the train now, congratulations Because you’re about to get your hair cut for real Going empty, no explanation!
Every day I curse you @Aster DEX l When is this worthless project going to run away? I’ve got 1000 U—how long are you planning to take to harvest it? Good news every day, but prices keep falling—what’s the point? Are the people shorting this already rich? $ASTER
So ruthless—how can it drop this much before the rewards are even issued? If it drops like this now, what’s it going to be worth once the rewards are released? Brothers, just short it directly! Risk-free! $BABY
Why are you so obedient? You listen to your dad’s orders? If your dad tells you to go, you go, right? $ASTER might as well just kill you outright. Just pretend you don’t have this son! Brothers, straight-up kill him!
$SPCX The masses can only pray that the price holds steady. As long as it doesn’t fall, just wait for a waterfall! Now that the price is at this level, many people are watching. But as soon as the price breaks through what they consider the “reasonable” range in their minds, group selling will erupt. Now it’s 143, and many people think it’s still okay. But once it drops to 140 or 135, there will be a batch of people who start疯狂 selling! At that point, the price will be like a waterfall!
Before seeing the photo, I thought this chief/councilor really isn’t a decent person! After seeing the photo, I feel the chief/councilor may have been wronged! Or is it that people in the north like this type?
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