Wealth is a compensation for cognition. Whether it is buying a house, buying BTC, or speculating in stocks or starting a business. Ups and downs are normal, but if you don t have enough cognition, don t buy or sell in advance. It proves one thing that you can only get those. Even if you buy again, you will either lose the money you earned before, or you will sell it again after buying.
A bunch of people are singing the blues about the crypto world, shouting 'the bull market is over', Bitcoin will drop to 50,000, Ethereum is as weak as a wilted cucumber, and they say Wall Street and the Trump family are here to cut leeks. I laughed: Isn't this the most chaotic state of a bull market? The louder the curses, the stronger the bull; every round of a bull market is like this. To the leeks, life is but a fleeting moment.
To make back the investment after a 10% drop, a 11% increase is needed; to make back the investment after a 20% drop, a 25% increase is needed; to make back the investment after a 30% drop, a 43% increase is needed; to make back the investment after a 40% drop, a 67% increase is needed; to make back the investment after a 50% drop, a 100% increase is needed; to make back the investment after a 60% drop, a 250% increase is needed; to make back the investment after a 70% drop, a 333% increase is needed; to make back the investment after a 80% drop, a 500% increase is needed; to make back the investment after a 90% drop, a 1000% increase is needed.
Why can t suddenly skyrocketing coins in Binance Wallet be sold? Permission backdoors: project teams can activate a disable transfers switch at any time. Early small sales are allowed to gain trust, then all selling permissions are locked after many users enter.
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Ctrip, with 30?000 employees, generates far higher profits than the top fifty hotel groups employing over three million workers. This validates Zhong Shan-shan's concern: platforms control traffic, profits flow upward in large volumes, and front-line workers rarely get a fair share.
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If you can do everything except make money, some people will say you can do nothing. Others seem to attract money effortlessly.
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From the end of 2015 to June 2017, IOTA was always very cheap. But after the ICO boom began in June 2017, IOTA skyrocketed. By early December 2017, it had risen to about 36 RMB, which was 36,000 times higher than the issue price!
Exchanges may abscond, wallets may be lost and private keys forgotten. These are real risks for every participant. Asset security must always occupy your highest priority.
The rich get money as if it falls from the sky, without labor. The poor earn money through hardship and worry.
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Today we are going to discuss what logic those ordinary young people in their twenties and thirties used to make tens of millions in the cryptocurrency world?
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In 2021, Coinbase went public on Nasdaq, becoming the first publicly traded crypto exchange. The opening price was $381. The crypto community cheered that the 'era of compliance' had arrived, though the stock later lost most of its value.
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He met a crypto-trader online who begged for emergency funds. He lent out his savings out of kindness. The trader got liquidated and vanished, and all money was lost.
Nothing is absolute. The final result of a thing depends on oneself. Some people make a fortune by doing long-term investment at the second level, some make a fortune by hunting local dogs at the first level, and some make a fortune by playing with fur and writing inscriptions.
Why can t suddenly skyrocketing coins in Binance Wallet be sold? Account risk-control restrictions: the token source may involve suspicious airdrops or illegal funds. Binance risk control may freeze transfer or exchange permissions to prevent money laundering, requiring documentation and appeal.
Once your value has been fully extracted, some people will treat you as disposable.
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