If you have made 10 million yuan through cryptocurrency trading and want to transfer these funds to a domestic bank account, you do need to be careful to avoid being mistaken for huge assets of unknown origin. Here are two legal ways to transfer funds:
1. Use BiyaPay for conversion: Withdraw USDT from the exchange to BiyaPay, which has a US legal license. In BiyaPay, you can exchange USDT for an equivalent amount of US dollars. Withdraw US dollars to a bank that supports international transfers, such as Wise or OCBC Bank. Through Wise, you can transfer US dollars back to your domestic Alipay, WeChat or Bank of China account, but you need to pay attention to the annual limit. OCBC Bank's 360 account allows you to withdraw cash directly in China without the annual limit of US$50,000.
2. Convert through Kraken Exchange: Withdraw USDT from Kraken to iFAST UK Bank, which also has a legal license. This method is also legal, although it will involve certain fees and exchange rate losses.
It should be noted that although the above methods are legal, it is still recommended to consult a professional legal advisor before operation to ensure that all steps comply with local laws and regulations. In addition, please be aware that any legal path will incur certain costs, which is to ensure the safety and compliance of funds. #加密市场反弹 Of course, Lao Yu wishes all brothers to become rich!!!
The market is currently experiencing a severe decline, which has caused panic among many people. But veterans who have experienced similar events like 312 know that this situation is not uncommon. This decline may prompt the Federal Reserve to take interest rate cuts, which will bring greater room for growth.
Strategically, you can buy when it falls and sell when it rises. If you are stuck, hold it patiently. ETF institutions have invested a lot of money in the Bitcoin market, which indicates that there may be another big wave of growth.
The US dollar is expected to cut interest rates, and Bitcoin may need a volatile period of about two months before reaching a new high. Waiting for this period of time is worth it for investors, because even if you wait for half a year, you may get a return rate of 50% or even higher.
When you encounter difficulties in life, it is often the best time to grow. Face the challenge and push yourself, and you may find that your potential is far beyond your imagination. There are often opportunities hidden behind pain, and loneliness may usher in more glorious moments. #加密市场急跌 #JumpTrading转移资产 #美国7月非农就业增长放缓 #BTC走势分析 #美联储何时降息?
Bitcoin Hits New High, Disproving the 'Crash Theory'! 5 Best Token Opportunities
Yesterday, Bitcoin reached a new historical high, peaking at $93,844, with a rise of over 3% within 24 hours.
How to seize the opportunity to get rich now?
The leading coins remain the most worthy of attention, maintaining the view that this round may be a mix of leading and new coins, while mid-tier coins may starve.
Liquidity is overly concentrated due to not being abundant. Similar to the movement of US stocks, the leading coins are concentrated in popular sectors:
Leading certainty BETA coins:
BTC SOL DOGE
Possible coins: XRP
These coins are large market cap coins that can be safely traded in waves and can also be rotated among these coins according to rhythm.
The bull market has entered the second phase, position yourself for explosive tokens!
The bull market has entered the second phase!
So far, it is relatively certain that the bull market has started.
First, let's popularize the first phase of the bull market.
1) At the beginning of the market, the confidence has not fully recovered. A significant rise in BTC is needed to signal that a major bull market has arrived.
2) Many times, when BTC has small pullbacks, due to the prolonged weak situation of altcoins, the panic psychology is severe, and altcoins often experience larger declines.
3) Altcoins often have many trapped positions, and even if the main force wants to pull up the price, they will wash the plates repeatedly at critical points.
<Meme 6 Rules> A comprehensive review of the leaders of each major sector!
<Meme 6 Rules>
1. Narrative first, community second, luck third.
2. After the track is established, 80% of the positions and energy should be placed on the leader, and the profits from the leader should be used to fight in the wild. Don't put the cart before the horse.
3. Even for the big golden dogs, most of them will have a big correction of more than 50%.
4. Buying during fomo is wrong in 90% of cases (see the above for the reason). This not only increases your cost, but also makes it more difficult to hold on to good targets.
5. In a few extreme cases, such as on Binance, Musk’s call for orders, and when the logic of a coin completely changes, you should boldly chase high prices after thinking it through.
The season of altcoins is coming; which fundamentally strong tokens should we bottom out?
Established altcoins are passing the meme rising trend; how should we position ourselves next?
This wave of meme has shown signs of decline, funds are starting to shift towards some established altcoins, but from the growth rankings, have you noticed? The ones that everyone once knew and got trapped in have not risen. Watching the chaos in the market looks lively, but in reality, it has little to do with our holdings.
So what exactly is rising, and what directions should we look at in the future?
Summarizing the following points:
1. Meme coins: After this round of adjustment, they will still be the main line in the second half. After the adjustment, some of the leading coins of this wave can be entered, with strong consensus.
A list of ten popular and potential AI+MEME projects! Which tokens are about to go viral?
In recent months, AI + Meme's fan tokens are causing a craze in the crypto community. According to Coingecko data, the total market value of AI meme has soared to $3.5 billion. From the popularity of GOAT to the sudden rise of ACT, AI + Meme has become another major concept coin after Zoo + Meme. Unlike previous Meme tokens, AI Meme is generated and driven by artificial intelligence: AI creates IP characters for Meme coins on social media, and even promotion is led by AI, including interactions with crypto asset players. When the issuance and operation of Meme coins are completely handed over to the AI system, this "no intervention" gameplay just fits the current atmosphere of crypto users being tired of VC projects, and quickly becomes one of the market hotspots.
Recently, I recommend paying attention to the following tracks:
1. AI sector. This sector will almost 100% follow the US stock market in a wave of speculation in the future. The certainty is very high, and it is not impossible to see a wave of speculation in the future. 2. Meme sector. This sector may be the sector with the fastest and most ferocious growth in the middle and late stages of the future bull market. It also has the greatest risk because the accompanying volatility may be very large. You can take a 20% position to try for excess returns. 3. RWA sector, this is a relatively new concept, there is a certain probability that it will become the detonating sector to start a big bull market in the future
DEXX crashed! Taking a step back, which high-quality coins should be chosen for near-term speculation?
Bitcoin maintains a volatile pattern at a high level. The daily level indicators have shown signs of overbought, but there will be no sharp drop at the daily level. These are all hourly level adjustments, and this trend will continue. It should be noted that when Bitcoin falls and pulls back, the altcoins will amplify the decline. This is the norm in a bull market, and such large fluctuations in the altcoins will continue for some time. There is no big problem with the spot market, but contract players need to pay attention. Bitcoin may continue to set new highs at any time, with the target being around 100,000.
Looking for the next 100x potential coin to create wealth! Which tokens are on the verge of success?
Bitcoin broke through 9w3, Meme pulled up the market and hit new highs, but the copycats fell like a ghost. This is the current market situation. Big funds only recognize Bitcoin, and retail investors and dealers are all concentrated on Meme.
The Meme sector followed the broader market in a correction, but it is still very strong
Bitcoin is retreating at the 4-hour level, with support below around 86,000. For the broader market, there is no need to panic. The pullback is a good opportunity to get on board. The market has not ended yet, and the bull market is still there.
In the current market, institutional funds only buy BTC. Institutions on Wall Street have been making net purchases of hundreds of millions of US dollars every day in recent times, driving Bitcoin to new highs and approaching the 100,000 US dollar mark. Retail funds are interesting, as they only speculate on meme coins. Instead of being endlessly cut by institutions on altcoins, it is better to take a gamble on meme coins.
1. The price of Bitcoin fell to $86,666, and the relevant ETF had a net outflow of $520 million yesterday. Federal Reserve Chairman Powell said that there would be no interest rate cut in December.
2. Musk's post that even feces can fly, the price of tokens related to him has risen sharply, with an increase of 10-20 times. Friends are always paying attention to its dynamics.
3. The US stock market and cryptocurrency market generally fell, among which $Pnut fell by 30%, while others such as $ACT and $GOAT also declined to varying degrees. However, the market value of tokens such as $MOODENG, $ai16z and $CAT hit a new high.
4. A long-term untouched Bitcoin wallet began to transfer assets, and 2,000 Bitcoins were dispersed to 50 different addresses. The original purchase cost of these Bitcoins was about $0.067 per coin.
5. Institutions and venture capital have entered the field of meme coins. The $LESTER token launched by Litecoin has soared 99 times, and its market value once reached $100 million.
6. The news that SEC Chairman Gary Gensler is about to leave has excited the cryptocurrency community.
7. McDonald's has partnered with Doodles NFT to launch a co-branded product - a coffee cup. Is it possible to co-brand with Luckin Coffee?
8. Franklin Templeton recognizes Ethereum's leadership in the blockchain field and plans to increase Ethereum's trading volume in its fund, with total assets under management reaching $1.7 trillion. #XRP短线上扬
The surge in $PNUT on Binance has attracted a large number of investors. Many people don't know what this coin is, so let me explain it to you today.
PNUT originated from an incident during the US election involving an internet celebrity who was dealt with by the police for illegally raising a squirrel named Peanut. This incident triggered widespread social discussion and the intervention of Musk, who criticized the government's actions. Musk's support has brought great attention to the meme coin PNUT, and with the launch of Binance, the price of PNUT has risen rapidly.
The story of PNUT shows how meme coins can quickly gain attention and value growth through social media influence, similar to the previous DOGE and SHIB. At present, the market value of PNUT is relatively low, about US$1 billion. Compared with the market value of more than US$100 billion that DOGE once reached, PNUT still has a lot of room for imagination.
Brothers who have not yet boarded PNUT, what should they do next? Is it to chase directly, or wait for a callback, can it create a myth of 10,000 times like DOGE SHIB in the future? Deduct 1 to find Shanchuan! ! ! #PNUT走高 #超级MEME周期?
I bought 500 bitcoins at 20 yuan each, and my father accused me of being cheated. I sold them all after 3,000. Now I think back to the fact that those bitcoins are worth 150 million. I am really upset!
The market fluctuated as expected last night. The US election and the unemployment rate to be announced soon have an impact. Short-term investors are advised to be cautious and wait for the right time. I am optimistic about Bitcoin in the long term. Shanchuan believes that it will not disappoint people.
Currently, I focus on several potential currencies and plan to buy them in full. I am optimistic about the potential for these currencies to double. I will find a few suitable meme coins to hold for a long time until the end of the next bull market. If you want to follow, please deduct 1. Share with friends for free at #超级MEME周期? #BTC连续破新高,你看到多少?
7 potential golden dog stocks, who will become the next Meme god coin?
Current Market Theme: Bitcoin & Meme Coin
Covering series: Pepe, Pnut, Doge, and narratives such as on-chain art and AI.
As Doge rises, the ceiling of the Meme market has been completely opened - the market needs more imagination!
Today's gainers are all memes, fully embrace the all-in meme! Just like PNUT, ACT, PEPE, People Wif, among which PNUT, ACT, PEPE are the most eye-catching. The current bull market is a bull market for big cakes and memes.
When will the meme trend end?
When major public chains or VC institutions begin to get involved in Meme projects, it usually means that the market is nearing its end.
Money-making market! If you haven’t made a hundred-fold profit in this round, come quickly!
Bitcoin breaks through $93,000! Bitcoin has broken through the historical high again, and it is very strong. At 9:30 last night, the US released the October CPI data, which was in line with expectations. In 4 hours, Bitcoin soared by $6,000 to $93,263 before falling back. At present, the upward momentum is still very strong, and there is no sign of peaking, so it is expected that Bitcoin will reach $100,000 next.
To summarize recent highlights: 1: Analysts from Glassnode, a crypto data provider, said that Bitcoin may soon experience a major correction. Those who are profitable should sell one-third of their positions at the bottom and do a good job of risk control. There is endless money to be made.
Someone invested $26 in $PEPE , and now the value has soared to $60.3 million, but because the developer blocked him, he could not withdraw the funds and was in trouble.
Pepecoin has quickly become popular since its launch in April 2023, and its price has soared, and many early investors have made a lot of money.
However, the investor was blocked for unknown reasons, and the large amount of Pepecoin he held may never be cashed out.
At present, the price of Pepecoin has reached a new high of $0.00002524. Thanks to the support of Robinhood exchange, it has risen by 84% in 24 hours, and its market value ranking has risen to 14th place, with a total market value of $9.77 billion.
For investors who want to seize similar opportunities, choosing potential cryptocurrencies for short-term or long-term investment may bring good returns. However, before making an investment decision, be sure to do sufficient research, understand market dynamics and risks, and operate with caution
Recently, I have ambushed some potential coins, all of which have multiple returns. If you want to ambush, please deduct 1 to share #新币挖矿&盘前交易USUAL #超级MEME周期? #BTC冲破9万 #BTC连续破新高,你看到多少? #PNUT走高
The bull market starter Meme sector's wealth-creating effect continues: seize the opportunity to get rich on the chain!
CPI was in line with expectations, and Bitcoin surged 6,000 points in 4 hours!
The U.S. unadjusted CPI annual rate in October was 2.6%, in line with market expectations and the previous value of 2.4%, and then Bitcoin rose sharply, breaking through the $90,000 mark.
In the last 24 hours, a total of 246,327 people were liquidated, with a total liquidation amount of 830 million. Yesterday's Bitcoin spike trend can easily cause contract players to liquidate. Losing money is actually a loss in the bull market, so pay attention to the risks.
After Bitcoin hit a new high, the unilateral upward trend is very strong, and the consolidation trend is still bulldozing upward. Every drop is an opportunity. For this kind of callback in the early morning, buy a small amount, and the position must be controlled well. Spot can be bought casually. If there is really some space, it will come back soon. Those who are afraid of heights are miserable people. The bull market has just begun.
Beginners should keep the following ten principles in mind:
1. Hot coins are prone to rapid collapse: Coins that are popular in the market often come with high risks; once the bubble bursts, the price drops quickly.
2. Altcoin manipulation is similar: Be wary of manipulation tactics with altcoins, which typically experience rapid suppression followed by a slow rise, ultimately leading to the harvesting of investors.
3. Long-term trend is positive: Although coin prices fluctuate frequently in the short term, the overall market growth trend is stable in the long run.
4. Potential coins develop quietly: True potential stocks are often little known when they are at low levels, such as coins like C98 and LEVER.
5. New coins carry high risks: Be cautious with newly listed coins on exchanges to avoid becoming a victim of manipulation by the whales.
6. Mindset determines success or failure: Fluctuations encountered during buying and selling are normal; maintaining a good psychological state is crucial.
7. Strong rebounds may not be genuine: Coins that rebound significantly might be driven by speculative funds and may not possess long-term growth potential.
8. Beware of sudden market movements: When the coins you hold experience a sudden price correction, pay attention to whether it is a signal of whales unloading.
9. Late bloomers are worth paying attention to: During a bull market cycle, coins that initially perform mediocre but achieve several times growth later are worth focusing on.
10. Waiting for a breakout: Coins that can maintain stability or show slight increases after a long period of sideways consolidation may be on the verge of explosive growth.
Finally, when facing uncertainty and challenges, please remember: enhance decision-making ability, take swift action; while also maintaining sensitivity to the market and responding promptly to the latest information.
Whoever gets the meme gets the world! Does DYDX want to copy the trend of APE?
The meme effect can no longer be ignored and is spreading to other public chains. Those who get the meme get the traffic and the funds. The most concerned thing in the market since yesterday is that the price of $APE has doubled. At first glance, it seems to be driven by the overall rise of the game sector, but how come it has doubled while rising? After checking social media, I found that the meme hotspot that was still on the goat and goose yesterday has shifted to Apechain today.
That’s right, Apechain has also decided to join the Meme Pump ranks.
Apechain enters the Meme market
The copycat enters the "speed racing" mode!
The MEME trend is blowing towards APE, the next SUI?