Someone asked me whether I wanted to become a leader. I said I certainly did not. You get criticized for poor performance, and you still get criticized even when you do well. The more people you lead, the more critics you gain. Only those who can withstand criticism are fit to lead.
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Entering 2017, the Bitcoin BTC bull market came, and Zhao Dong's OTC trading became even more popular. I remember that when it was the best, it was said that he could make millions a day. Bitcoin BTC rose, and the group was very enthusiastic. I joined an OTC trading group, and every day there were a lot of how much Bitcoin BTC was in/out messages rolling. ! Before September 2017, there was no USDT, and it was more troublesome to deposit funds into the exchange. I remember that when I bought coins, I had to transfer money to the account set up by the exchange. In order to circumvent national supervision, the exchange will register many companies, and the accounts are often frozen. Once I transferred money to the company designated by Huobi, but it didn't arrive for a long time. I searched the name of the temporary company on the Internet, and a lot of people said it was a scam company, which scared me to death.
Zheng Yuanjie, author of King of Fairy Tales, bought ten apartments in Beijing to store millions of letters sent by young readers nationwide. Decades later those flats were worth tens of millions of yuan. Starting more than ten years ago, he would randomly open ten letters whenever the mood struck, post them on Weibo and ask netizens to track down the original writers. When located, he would personally visit those former young readers. Zheng rode the wave of his era. Though not highly formally educated, he possessed rich imagination, and his fairy-tale works shaped an entire generation.
Reputation is a sustainable wealth trademark. A fine reputation is an intangible golden signboard. Over years it continuously brings connections, opportunities and cooperation. Ruined reputation becomes a heavy chain limiting your prospects. Reputation ages like fine wine: time makes it more precious. The wealthy safeguard their good name and accumulate lasting fortune via reputation. Many sacrifice repute for short?term profit at heavy cost.
Markets oscillated repeatedly: going long triggered drops, going short triggered rallies. Frequent trades hit stop-loss repeatedly. Principal eroded and mental state collapsed.
Try not to use public restrooms that automatically dispense tissue; many supposedly have cameras and listening devices. Police in urban villages stare at surveillance footage of prostitutes on the streets every day,their obsession is pretty strong too.
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For spot trading, the same coin can be traded for a long time with less transactions, which will bring greater returns than frequent transactions. It all depends on whether you have the patience to hold on. I bought DOGE at 0.029, and it has increased more than 20 times since I held it, which is the highest increase among all my coins.
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Do not trust simplistic bottom-hunting indicators. Bottoms materialise rather than get predicted. Catching falling knives early carries heavy risk; wait for multi-signal confirmation before deploying capital.
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Most people in the cryptocurrency circle lose money, because many of them can t even do elementary math, can t calculate probabilities, and rely on their feelings. This will definitely lead to losses!
Back in the early 1980s, I accompanied one of my company's clients, a wealthy Mexican-chinese overseas businessman (chairman of the China-mexico Chamber of Commerce), shopping at Beijing Friendship Store. The doorman blocked us at the gate because we both had Chinese faces. We were only admitted after my client produced his US passport (he had naturalized as an American citizen) and I showed an official letter of introduction from a ministry foreign-affairs bureau.
Do not mechanically transplant overseas-market logic. Regions differ sharply in user bases, capital sources and regulatory frameworks. Foreign success formulas do not always translate locally.
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Even in the first-tier city of Shenzhen, out of 18 million residents spanning over six million households, fewer than three hundred thousand households can produce five hundred thousand yuan in liquid cash, and the vast majority hold deposits under one hundred thousand yuan.
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He used all living expenses for crypto trading. When losses hit, he could not cover daily living costs, facing dual pressure of survival and investment.
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Only by staying away from crowds can your own value become increasingly expensive. When you are among crowds, there are too many people; scarcity creates value, and everyone becomes cheap.
La chose la plus injuste que Wang Sicong ait faite en disant que les gens qui achètent du Bitcoin sont des idiots, et qu’il n’en a acheté aucun ; la chose la plus injuste que Li Xianping ait faite en refusant 10 000 BTC même quand on les lui a donnés ; la chose la plus injuste que Buffett ait faite en pensant que le Bitcoin n’a aucune valeur ; la chose la plus injuste que Jack Ma ait faite : en 2010, Taobao avait du BTC pour quelques dizaines de dollars chacun, et il n’y est pas allé à fond ; la chose la plus injuste que Soros ait faite en pensant que payer des salaires en Bitcoin ne fonctionne pas ; la chose la plus injuste que Bill Gates ait faite en disant : « Si j’étais aux commandes, je vendrais à découvert le BTC sans hésitation. »
There is a reason why Chinese people are poor. They believed what the government said about cryptocurrency being a scam and that people should not play with it. A single order was issued, causing a sharp drop in the market on 519. As a result, politicians, officials, and their families sold their houses, cars, children, and wives to make a fortune from the bloody cryptocurrencies you sold. Then they said virtual currency was a scam and people should not buy it. They just slapped themselves and immigrated abroad.
In the past 5 years, except for living expenses, most of the household expenses are obtained from the cryptocurrency circle. This place makes money quickly and loses money quickly. No one can guarantee to make money forever.
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