Working in Central, Hong Kong, really shows what equality means. Whether you're a highly paid professional earning millions or an ordinary worker at the bottom, everyone gets squeezed breathless on the MTR between Admiralty and Central. The long lines at nearby bus stops are equally overwhelming. By the time they get home, even millionaires feel like cockroaches packed into tiny living spaces.
Crypto can indeed make money, but it is not nearly as easy as it looks.
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The troubles that come with wealth in the millions, tens of millions, and hundreds of millions are completely different. The worries of Justin Sun, Xu Mingxing, and Changpeng Zhao are not the same.
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You can make a fortune in the cryptocurrency world. From my perspective, I think the cryptocurrency world is the only legal way for young people to quickly achieve financial freedom within 1-3 years. However, the process is extremely difficult. If you want to participate in it, I personally recommend that you invest with your spare money! Don t take out a loan! Don t go all in!
Kimi claims to be Claude, yet was exposed for stealing American technology. It is truly as if he forgot that he once drank Meng Po s soup and forgot his past.
Not long ago, a similar incident to the Thanos Yang Jia incident happened with a migrant worker demanding wages. The debtor Song Chunyu was unharmed, while the creditor Liu Quan was thrown into jail. It created the famous and shocking Caofeidian massive explosion case. Such a big case should be expanded nationwide. Have you learned about this matter?
For some, a large cash reserve feels more reassuring than an equally large amount of illiquid assets.
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I remember in high school, many female classmates were just pretending to be active. They spoke very actively but ended up being at the very bottom in exams. Have you encountered this? If you get them to trade coins, they will probably be just as fake-active.
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A user lost $200,000, borrowed $300,000 to try to get it back, doubled it, didn't cash out, and lost another $500,000. He said, 'This isn't revenge, this is suicide.'
Never treat crypto as your sole ticket to life transformation. Participate only with disposable funds and accept total-loss possibilities. Do not pin all hopes for life-changing wealth on token speculation.
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Friend: I was a 30-year-old office worker. I bought my first coin, Shib. I made 500 Wu from Shib with only 1000 Wu. Then I opened an exchange with a name starting with C, and I can earn about 300 Wu every year. In my opinion, cryptocurrency trading is a way to change your destiny. If you can't make a fortune in this circle, then for ordinary people, there may really be no other better opportunities. The reason why cryptocurrency trading is attractive is mainly because it provides two opportunities to make money;
Truly wealthy people with deep understanding often have little interest in preaching online.
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Today, two big brothers, one sold 10 million US dollars of ETH and deposited DAI, mortgaged 6 million US dollars, and borrowed 4 million US dollars, a total of 14 million US dollars deposited into Maker's 8% pool. Another girlfriend cheated and destroyed 2,500 ETH!
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In 2022, the Ronin bridge was hacked for $600 million through validator node signature vulnerabilities. Players lost heavily and the gaming guild YGG's assets were nearly wiped out.
An old smoker wrote his seed phrase on the inside of a cigarette pack. One day he casually threw the pack away, not realizing it contained 50 bitcoins he had bought in 2015. He searched every trash can in the neighborhood with no luck. He quit smoking after that—every cigarette reminded him of the loss.
A project kept making empty promises about upcoming major-exchange-listings. Retail investors held heavy positions waiting for the news. The project faded away without ever getting listed.
In the cryptocurrency world, apart from technology, everything depends on information asymmetry. If you don t even pay attention to the most basic information, you will definitely lose money. Even if you make money, it is just due to temporary luck.
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