Why can t suddenly skyrocketing coins in Binance Wallet be sold? The highest probability: Honeypot tokens (Honeypot, Pixiu traps), smart contract scams (90% of mysterious skyrocketing meme coins are this type).
Don't borrow money or accumulate credit card debt, otherwise you will become an actor burdened with debt, and the surrounding acquaintance audience will see you wearing an Oscar and playing the clown, laughing happily. You can only experience the hardship when you make money.
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The secret of successful people may be that they rely on small probability luck, but they think they have a high probability methodology. Most of them are lucky fools. Some value investments are just built on sand piles, but they are extremely elaborate on the building itself;
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Whether in crypto or in life, always stay cautious and tread on thin ice; otherwise, one careless mistake can bring disaster not only to you but to your whole family.
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Out of trust, he lent his coins to a crypto-friend for short-term turnover. The friend got liquidated and could not repay. Money was lost, and friendship broken.
He attended crypto offline meet-ups and met many self-proclaimed big-shots . They offered so-called high-quality investment opportunities. Many transferred money, only to discover it was all fraud.
The two cryptocurrency masters who have earned tens of millions are worthy of admiration. What s important is to learn their thinking.
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He bought large numbers of mining rigs at bull-market highs. When the bear market arrived, prices fell below mining break-even, and running rigs meant losing money. Rigs sat idle gathering dust; resale recovered only one-tenth of original cost.
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At the airport, he was asked to hand over his phone password. After he entered it, all data disappeared, including digital currencies worth tens of millions, because the keys were saved on the phone, and not a cent could be recovered.
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When the temptation of wealth is great enough, I cannot guarantee that I can withstand the temptation. This is human nature, especially when there is no legal constraint;
When you walk around offline and see something good, take a photo of it, such as a beautiful piece of clothing or a nice pair of shoes. Upload the image to Pinduoduo and search for it, and you will know how to save money in daily life. The money saved can be used for crypto trading.
No matter what happens in the market, one thing remains unchanged - 8% of people control all 21 million bitcoins, and the remaining 92% of people just come to the cryptocurrency circle to give money to these 8%, or to spend money to play games with them, mainly playing games with Bao Erye, Li Xiaolai, Wu Jihan and the exchanges.
A dragonfly can eat 12 mosquitoes per minute, 720 per hour, and 17,280 in a 24-hour day. This kind of dramatic calculation is a classic example of faulty reasoning. It is similar to noticing that Chinese housing prices increased twentyfold over the past 20 years and concluding that they will rise another twentyfold in the next 20 years.
I told my friend to buy PEPE DOGE XRP SHIB at that time, but he didn't listen to me. I invested almost all my money and became a millionaire, while he became so poor that every trip he took was to try and walk northwest, just to drink a few more sips of northwest wind.
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I used to think that buying a house in my hometown was an astronomical sum. Now buying a few houses is like buying a few toys. This era is really a long-term trend. The new generation replaces the old generation. If you didn t buy Tencent stocks, it doesn t matter. You can still surpass Tencent by buying Ethereum ETH for one dollar in 2015. If you didn t buy Ethereum ETH in 2015, it doesn t matter. My team will recommend you a hundred-fold and thousand-fold coin.
A friend claimed to have access to internal private-sale allocations for a new project and offered to make investments on others behalf. Many people transferred coins to him, waiting for listing. He vanished with all funds; the project never existed, and all money was lost.