Unlock schedules represent under-appreciated token risks. Mass VC-and-team unlocks create heavy selling pressure. No story withstands massive incoming token supply.
If I only have 3,000 yuan, can I turn it into 1 million in the cryptocurrency world? 1 million divided by 3,000 is 330 times. It is considered good for an average person to save 3,000 yuan after working for a month. If there are no unexpected circumstances, it will take at least 300 months, or 25 years, to get 1 million yuan in assets. In the cryptocurrency world, you can't say you will definitely make money, but you can't say you can't make money either.
The more you short, the richer you become. A characteristic of poor people is frantically clinging to what they think is valuable garbage. Only by letting go of how much you currently possess can you grasp more. If your hands are full of garbage, you can't choose any good things, let alone catch them. Similarly, if your hands are stuffed full of shitcoins, there's no way to sell them for money to then buy some useful, valuable coins. Only by selling pussy can you show off; only by selling coins can you pack coins. Poor people have explosives strapped to their heads, pus flowing from their feet, and hold crane's crown red in their mouths. What fills them is not just garbage; they treat a chicken feather as a military order and a shoehorn as a ruyi scepter. Rather, they are filled with poison, a poison stemming from their survival environment that they are unaware of.
The highest-level ability is the ability to ignore distractions. Anyone who drains your energy becomes your problem the moment you keep paying attention to them.
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The cryptocurrency world is in a carnival again! Trump officially announced that five cryptocurrencies, ADA, SOL, XRP, BTC and ETH, will be included in the strategic reserve. The carnival of the crypto world empire is coming soon.
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A whale received a phone call pretending to be a hardware-wallet engineer, warning of critical device vulnerabilities and asking him to update firmware. He followed the instructions, and 783 Bitcoins were stolen, costing nearly 100 million yuan. He did not click any virus links.
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A number of celebrities have publicly discussed gains or losses in crypto, NFTs, and leveraged trading, showing that fame does not guarantee investment success.
Trading frequency correlates inversely with returns and positively with fee erosion. Flipping positions repeatedly grinds down profits even when directional judgements are correct.
Xiaozhang set up a grid trading bot, thinking it was safe money. For a month, it made 5% in a choppy market. Then a sudden one-sided drop broke through the grid, the bot got fully trapped, and he lost 20%.
Bull markets are born in pessimism, grow in doubt, and die in euphoria.
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Meme-shitcoin games are zero-sum harvest operations. Returns derive from capital contributed by later entrants. Retail participants start from an inherently disadvantaged position.
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Most excess returns stem from cyclical beta rather than individual alpha. Never mistake dividends bestowed by the market cycle for your own trading competence; real capability reveals itself only when liquidity recedes.
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At present, the fourth round of bull market has quietly arrived! Do you want to achieve your own wealth freedom in the cryptocurrency circle in this wave?
Years ago he mined thousands of coins on his home computer. Thinking they were worthless, he threw away the hard-drive. Years later prices exploded, and he was consumed by regret.
Do not deify naive long-term holding. Distinguish viable projects sustained by real value from narratives-fueled vaporware; their ultimate fates diverge sharply.
1. Don't let people around you know that you are speculating in cryptocurrencies. There are many reasons for this. I will talk about it later. 2. Don't let others know how much money you have made. Don't show your income chart or asset chart to avoid unnecessary trouble. 3. Don't post your rich life in the circle of friends. Except for your closest relatives, no one wants you to live well. Showing off can easily lead to jealousy. 4. After acquiring a large amount of wealth, keep a distance from the people you knew before. After I cleared my position in the bull market at the end of 21, the first thing I did was to resign, and I never went to work again. The second thing was to delete all the people I knew before. 5. Gambling and drugs are two things that must not be touched. Gambling will destroy people on the psychological level, and drugs will destroy people on the physiological level. 6. Harmony is precious. Don't curse and fight. Getting angry will affect your wealth. If you encounter a disagreement, just block and delete it. It's a waste of time to say one more punctuation mark. 7. Don't take the initiative to do good, don't pity anyone, let go of the complex of helping others, and respect the fate of others. Just be yourself, and let the rest take its course. 8. Don't invest in areas you are not familiar with. People cannot make money beyond their knowledge. 9. Try not to start a business in the real economy unless you enjoy it and don't do it for the purpose of making money. In the current economic environment, starting a business in the real economy is a life or death struggle. You will understand the above content after more experience. Those who make their fortunes by speculating in cryptocurrencies are essentially speculators and nouveau riche. They are always weak people. Protecting yourself is the most important thing.
In May 2020, I bought 1 million Dogecoins. Held them for a while and saw they were completely stagnant, then switched positions. In the end, they surged 200 times. My legs are already slapped broken. Sigh.
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