joadfiroz

🟣 NOT FOR THE SLOW ⚡
💬 While others hesitate…
💬 Smart money moves.
🔵 Drop a 🔥 if you’re locked in
🎁 Giveaway goes to one sharp responder.

🔻 Why is the entire market falling, even without bad news?

When everything is falling — it’s usually not a "crash," but a liquidity cleansing.
The market takes positions from those who entered without a plan.

In such moments, strong coins fall along with weak ones —
it's normal for a cyclical market.

👉 The main mistake is to take a short-term movement as the end of the trend.
The biggest losses are usually made on emotions.

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Do you know the history about pizza.

Mt. Gox was established in Tokyo, Japan in 2010, initially dealing with virtual card transactions, later transforming into a Bitcoin exchange, controlling about 80% of the global Bitcoin transaction volume at its peak, making it the largest Bitcoin trading platform in the world at that time.

In February 2014, the platform suddenly closed all trading and filed for bankruptcy, claiming that approximately 850,000 Bitcoins were stolen, with only about 200,000 recovered later. However, police investigations found that this was not simply a case of hacking; more so, it was the then-responsible person, Mark Karpeles, embezzling funds. Only 7,000 Bitcoins were actually stolen by hackers. He also misappropriated customer funds for investments and personal purchases, while altering transaction data to cover up the issues. In 2015, Karpeles was arrested, and in 2019, the court ultimately sentenced him to 30 months in prison for altering transaction data, with a 4-year probation.

Based on the prices at that time, the lost Bitcoins were worth about $430 million, which directly caused the price of Bitcoin to plummet by 30% in a short period, leading countless users to lose their assets. Moreover, this incident severely shook investors' confidence in cryptocurrencies and prompted the world to start paying attention to the security of cryptocurrency trading platforms, urging various countries to strengthen their regulatory efforts on cryptocurrency trading.

Gm

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There is no need to envy others' doubling myths; behind every dazzling result lies unrecognized suffering and perseverance. When Li Xiaolai sold his Beijing school district house to hoard coins, he was once questioned whether he had gone mad.

Old Cat practiced the philosophy of never selling through the bull and bear markets, enduring countless nights of intensified fluctuations.
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