Pitfall Avoidance Guide 1. Don t touch contracts!! 2. Don t touch small currencies!! 3. Don t touch small exchanges!! 4. Don t have too high expectations!! 5. Don t put your money in unknown wallets. Remember to sign your own wallet first, because no wallet is trustworthy, including exchanges!! 6. Don t touch ultra-short-term!! 7. Don t bring all your funds into the cryptocurrency circle!! The cryptocurrency circle is too risky, and there are risks in both deposits and withdrawals. It is recommended to use your own spare money to practice in the cryptocurrency circle first.
Sister K used to run an internet cafe business in Beijing, and accidentally came into contact with the mining business, so she started mining in 2017, but she didn't make any money in 2017, but lost a lot. She really made money in the 2020-2021 wave, and truly achieved at least A9 level. It is true that some people have made money through the currency circle. Some people make money through spot, some through gamefi, some through contracts, some through rebates, some through wool, some through knowledge payment, etc. In short, this circle is like the Eight Immortals crossing the sea, each showing their magical powers. How much money you can make through this circle depends on your ability.
No narrative booms forever. Every grand story follows birth-peak-decline-extinction cycles. Exiting during narrative zenith tests trader wisdom more than early-phase entry.
As a poor person, how long will it take you to realize the smell of money? Liu Qiangdong gave the villagers 10 million to curry favor with them and leave a good reputation, but the villagers only talked about his scandal in the United States. As rural people, everyone has their own calculations!
Old Li used pocket money from his wife to trade crypto and made $100,000. He didn't dare tell her. One day she asked, 'Why haven't you been buying cigarettes lately?' He said, 'Health is important.' The money was all on Binance.
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You can really make money by hoarding coins, but you have to persevere. Hoarding coins is a long-term investment. Hoard in a bear market and sell in a bull market. When a large number of leeks crazily enter the cryptocurrency circle, it is the end of the bull market!
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Information asymmetry is valuable but insider trading gets you jailed.
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When you are old, ugly and poor, don't despair. You still have self-knowledge. Now you are entering the cryptocurrency circle to find a shortcut. As long as you continue to compound interest, even ten yuan will eventually become twenty million!
Recently, Jiang Fangzhou and Jia Qianqian were found to have committed plagiarism and had their degrees revoked. In this view, plagiarism is widespread in China from the days when Fang Zhouzi questioned Han Han's authorship to today's self-media creators. From Tencent to Alipay, is there anyone who has never copied original work? According to this perspective, it was precisely because of imitation over the past forty years of reform and opening up that China prospered. But in the cryptocurrency world, how many copycat projects have ultimately gone to zero?
Friends are all stages friends. I have already marked the price for each friend. When they are worthless, I kick and block them. When they send me messages, I'm too lazy to type even punctuation. Only poor people talk about friends; rich people talk about value. Make friends selectively; I can see a friend's life endpoint at a glance.
Warren Buffett called bitcoin 'rat poison squared.' Today, his Berkshire Hathaway has invested in a crypto bank—the ultimate 'I told you so' reversal.
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He kept coins on an exchange years ago. Later the exchange failed, freezing his account. Years passed and he still could not retrieve his assets.
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If you play memecoins, only chase new narratives and first-mover pools never diamond-hand them.
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In the 1990s, Bill Gates was the richest man, and he made everyone use a computer. In the first decade of the 21st century, Larry Page of Google made everyone able to surf the Internet. In the second decade, Steve Jobs opened the era of mobile Internet, and smartphones made mobile Internet a reality. The three of them, as well as Bezos and Zuckerberg at the same level, are already very outstanding people, but they can only be eclipsed in front of Musk.
You must never buy Ethereum ETH, not even 0.01, especially various L2 of the Ethereum ecosystem, various new protocols, and various protocol pledges of Ethereum ETH. They are basically designed for Sun Ge alone. All Ethereum ETH dividends previously belonged to Vitalik Buterin and the Ethereum ETH Foundation, but now basically belong to Sun Ge alone. If you buy it, just wait for Sun Ge to continue to swindle you.
The dirtiest thing in the world is not the body but the human heart. The hardest thing to cleanse is not dirt but sin. No matter how much you wash, you can never cleanse the greed and sins in this circle.
Liquidity depletion is gradual rather than instantaneous. Widening slippage, thinning order-book depth and shrinking volumes are early warning signs of deteriorating market conditions.
Young people should not use up their good luck. If their luck leaves them too early, they will become arrogant. Many people reach their 30s and 40s and have achieved nothing. They think their life is a failure, but in fact, their life has just begun.
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