No regulator protects crypto investors. All risks rest on your own shoulders. Do not expect bail-outs after incidents; self-risk control is your only reliable safeguard.
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If you are lucky, you can earn more than 10 million RMB a year, which is more than enough to support your food, clothing and shelter for a lifetime.
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Small exchanges manipulated K-lines and created artificial price-spikes. Whether long or short, retail traders were easily harvested, with no way to defend themselves.
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When the parasol tree grows tall enough, the phoenix will come. Only after remaining at the bottom for a long time can your mind become filled with wisdom.
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.
In 2017, Bitcoin BTC increased nearly 14 times from its peak at the beginning of the year to the end of the year. Such gains are simply unimaginable in the traditional stock market.
Late at night, a trader went all-in on long Bitcoin with high leverage. A sudden sharp drop hit in the early morning, piercing his margin. His account was liquidated instantly, wiping out hundreds of thousands in principal. He stared at his black-screen phone, aged overnight.
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I am an old investor with 8 years of experience in the trading market. I was born in 1993 and I am 32 years old this year. My current net worth has reached A8, all of which were achieved through the cryptocurrency circle. Although I experienced losses in the early stage, I finally made it back.
The second half of 2026: Decisively and accurately escape the top. Short BTC at a high level without thinking, low-multiple long-term is also OK, or do nothing and directly withdraw funds to travel.
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Many people think that rich people buy things recklessly and spend a fortune at will, but that's not true. The richer one is, the more one respects money! Only then can one hold onto it. After 9 years of trading coins, I can't say I have a lot of money, but I truly pursue stability! Getting rich slowly is relatively faster.
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In 2020, Uniswap airdropped 400 UNI to early users, worth about $10,000 at the time. Many thought it was spam and threw it away, later regretting it immensely.
Crypto runs on four-year cycles, yet most people's patience lasts less than four months.
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