Trader-阿生
@Square-Creator-924a3d86a3b0
本人拥有FRM，CFA等多个金融证书，金融行业８年从业者，币圈基本面进行全方位的宏观性，技术性分析，主打稳扎稳打，积少成多的策略。公众号：加密生哥。
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Cryptocurrency Withdrawal Safety Guide (Practical), assuming you earned 10 million USDT and want to withdraw, what should you do?
First Strategy: Withdraw in Hong Kong
Go directly to Hong Kong to exchange currency, but be careful: don't bring too much USDT at once, it's safer to divide it into several trips; most exchange shops in Hong Kong are unofficial, so be cautious about the shop taking your USDT and running away.
Second Strategy: Open a Bank Card
Follow the path from Binance → Kraken → Bank Card, transfer USDT from Binance to Kraken, convert it to USD, and then withdraw it to an account like ZhongAn Bank, but you need to prepare an overseas bank card in advance, which is generally more secure.
Third Strategy: Binance C2C Withdrawal
1. Choose an Exchange: Don't use certain European exchanges, as they have a lot of dirty money and high risks. Binance is the preferred choice.
2. Strictly Review Merchants: Registered for over 2 years, the more total transactions the better, moderate transactions in the last 30 days to avoid the risks of frequent trading.
3. Real-name Payment: All transactions should be done on the exchange, avoid using opaque channels like offline cash or Telegram; offline transactions often lead to scams or robbery, there are real cases of being convicted of robbery.
How to prevent bank risk control for large withdrawals?
1. Truth about Risk Control: The main concerns for withdrawals are fund freezing and bank risk control. Cards that have been inactive for a long time or have low transaction volumes are prone to trigger risk control, but the probability is low; there are cases where a million-dollar remittance goes through fine, but there are also cases where a small amount of 70,000 triggers it.
2. Practical Tips: Don’t make quick in-and-out transactions, avoid multiple deposits and a single withdrawal or one deposit and multiple withdrawals, and avoid large transactions at night to prevent triggering anti-money laundering mechanisms; keep a balance in the card, purchase some financial products to remain active, and if not in urgent need of money, avoid large withdrawals.
3. What to do if risk-controlled: Stay calm, contact the remitter to cooperate with the appeal, as banks primarily aim to ensure the safety of funds, and normal appeals can usually resolve the issue.
First Strategy: Withdraw in Hong Kong
Go directly to Hong Kong to exchange currency, but be careful: don't bring too much USDT at once, it's safer to divide it into several trips; most exchange shops in Hong Kong are unofficial, so be cautious about the shop taking your USDT and running away.
Second Strategy: Open a Bank Card
Follow the path from Binance → Kraken → Bank Card, transfer USDT from Binance to Kraken, convert it to USD, and then withdraw it to an account like ZhongAn Bank, but you need to prepare an overseas bank card in advance, which is generally more secure.
Third Strategy: Binance C2C Withdrawal
1. Choose an Exchange: Don't use certain European exchanges, as they have a lot of dirty money and high risks. Binance is the preferred choice.
2. Strictly Review Merchants: Registered for over 2 years, the more total transactions the better, moderate transactions in the last 30 days to avoid the risks of frequent trading.
3. Real-name Payment: All transactions should be done on the exchange, avoid using opaque channels like offline cash or Telegram; offline transactions often lead to scams or robbery, there are real cases of being convicted of robbery.
How to prevent bank risk control for large withdrawals?
1. Truth about Risk Control: The main concerns for withdrawals are fund freezing and bank risk control. Cards that have been inactive for a long time or have low transaction volumes are prone to trigger risk control, but the probability is low; there are cases where a million-dollar remittance goes through fine, but there are also cases where a small amount of 70,000 triggers it.
2. Practical Tips: Don’t make quick in-and-out transactions, avoid multiple deposits and a single withdrawal or one deposit and multiple withdrawals, and avoid large transactions at night to prevent triggering anti-money laundering mechanisms; keep a balance in the card, purchase some financial products to remain active, and if not in urgent need of money, avoid large withdrawals.
3. What to do if risk-controlled: Stay calm, contact the remitter to cooperate with the appeal, as banks primarily aim to ensure the safety of funds, and normal appeals can usually resolve the issue.
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"6 years in the cryptocurrency circle, some investment insights from a loss of 20 million" - absolutely true, published to ease everyone's anxiety about the current bad market conditions.
Started the business with 100,000, aimed to make 10 million, and then the 10 million was almost reduced to zero.
From 250,000 to 5 million, 5 million almost went back to zero. From 500,000 to 2 million. The ups and downs of the cryptocurrency world, I want to share these stories and give you some investment reflections. (It’s too long, I hope you can read it as a story)
I (the protagonist of the story, not me) came from the technology and gaming industry. I entered the cryptocurrency world by chance in 2017, when Bitcoin just broke through the 10,000 yuan mark. In the following four years, I experienced many ups and downs and almost went back to zero. With so many ups and downs, it is inevitable that I have some thoughts, which I would like to share with you for mutual inspiration and learning.
From 250,000 to 5 million, 5 million almost went back to zero. From 500,000 to 2 million. The ups and downs of the cryptocurrency world, I want to share these stories and give you some investment reflections. (It’s too long, I hope you can read it as a story)
I (the protagonist of the story, not me) came from the technology and gaming industry. I entered the cryptocurrency world by chance in 2017, when Bitcoin just broke through the 10,000 yuan mark. In the following four years, I experienced many ups and downs and almost went back to zero. With so many ups and downs, it is inevitable that I have some thoughts, which I would like to share with you for mutual inspiration and learning.
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The 2024 bull market is coming! The rise of various platform coins means that the altcoin market is about to begin! These altcoins with the potential to increase by 100% in the future are worth planning in advance! ! !
In the next month, the market will undoubtedly focus on the Trump and Musk series of concept tokens, especially before and after Trump officially takes office. This field is very likely to set off a new round of market boom. At the same time, the concept series of Wall Street institutions cannot be ignored, among which Grayscale Fund has attracted much attention. Since Grayscale Fund's strong involvement in ZEN, the violent fluctuations in the cottage sector seem to be about to kick off in the short term.
In addition, some astute investors may have noticed the recent dynamics of exchange tokens. BGB and GT have already set new historical highs. Previously, BNB and HTX also set new highs. Going back further, OKB also had an outstanding performance before March this year. If we observe the price trends of these exchange tokens since October this year, except for OKB, other exchange tokens have successively set new highs, even HTX, which had a slightly weak performance before.
In addition, some astute investors may have noticed the recent dynamics of exchange tokens. BGB and GT have already set new historical highs. Previously, BNB and HTX also set new highs. Going back further, OKB also had an outstanding performance before March this year. If we observe the price trends of these exchange tokens since October this year, except for OKB, other exchange tokens have successively set new highs, even HTX, which had a slightly weak performance before.
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The 2024 bull market is about to take off after Christmas! These cryptocurrencies with 100% growth potential are worth positioning in advance!
Last night, Bitcoin's price fell, while other altcoins did not follow its trend. Looking back at this round of market activity, it is not difficult to find that altcoins as a whole did not experience a significant rise; rather, individual altcoins briefly led a small market surge before returning to calm. Ethereum (ETH) has also consistently failed to break past previous highs, while Bitcoin stands out, leading the market on its own.
Analyzing the trend of this round of market activity, I believe the main reason is the continued division between Bitcoin and the current cryptocurrency market. Since the approval of the Bitcoin ETF, the liquidity and funds brought in have mainly concentrated on Bitcoin itself and have not effectively spilled over to other tokens. Behind the seemingly bustling market, other altcoins, apart from Bitcoin, still appear relatively weak. This explains why Bitcoin has been able to maintain consolidation at high levels while other altcoins continue to decline; Bitcoin is repeatedly setting new highs while altcoins are bleeding continuously.
Analyzing the trend of this round of market activity, I believe the main reason is the continued division between Bitcoin and the current cryptocurrency market. Since the approval of the Bitcoin ETF, the liquidity and funds brought in have mainly concentrated on Bitcoin itself and have not effectively spilled over to other tokens. Behind the seemingly bustling market, other altcoins, apart from Bitcoin, still appear relatively weak. This explains why Bitcoin has been able to maintain consolidation at high levels while other altcoins continue to decline; Bitcoin is repeatedly setting new highs while altcoins are bleeding continuously.
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The 2024 bull market has not ended! The most important phase of the bull market is about to begin! These few altcoins have the potential for a 100% increase in the future!
Aside from a few notable cryptocurrencies with strong backing, most non-mainstream coins (altcoins) have yet to undergo a widespread bullish cycle. The core of the issue lies in insufficient liquidity, with a large amount of capital concentrated in mainstream cryptocurrencies, resulting in very limited capital inflow for non-mainstream coins. Recently, market sentiment has stabilized due to several significant dips, and the fear and greed index has dropped from previous highs of 80 or even above 90 to 70, indicating a cooling of market sentiment.
The calm performance of the market is actually a positive signal, indicating that in the short term, the market is unlikely to experience another significant dip like the previous Ethereum drop of 15% and Bitcoin drop of 10%.
The calm performance of the market is actually a positive signal, indicating that in the short term, the market is unlikely to experience another significant dip like the previous Ethereum drop of 15% and Bitcoin drop of 10%.
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Why does this round of market feel very difficult to make money? I summarize a few points for everyone to consider:
1. The rallies are fast and short; basically, by the time you react, it's already over, making it hard to intervene in between.
2. Even if you are on the ride during the rally, the probability is high that you will endure until you can't take it anymore, resulting in a very poor holding experience.
3. Once the sectors switch, if you step into the wrong sector, you will be completely abandoned, and you won't even benefit from the overall market increase.
4. There is almost no broad-based increase; it's all rotation!
#比特币市场波动观察 #圣诞行情分析
1. The rallies are fast and short; basically, by the time you react, it's already over, making it hard to intervene in between.
2. Even if you are on the ride during the rally, the probability is high that you will endure until you can't take it anymore, resulting in a very poor holding experience.
3. Once the sectors switch, if you step into the wrong sector, you will be completely abandoned, and you won't even benefit from the overall market increase.
4. There is almost no broad-based increase; it's all rotation!
#比特币市场波动观察 #圣诞行情分析
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The bull market of 2024 is not over! The brief bearish decline is just to wash out leveraged positions! Several altcoins with 100% potential for growth in the future!
The interest rate decision has been revealed, with a rate cut of 25 basis points. However, the market reaction was unexpected, declining significantly instead of rising as usual. This sudden reversal is mainly attributed to a statement from Powell. In a context where the rate cut should have created a favorable atmosphere, the liquidation lines for long contracts are densely distributed between $98,000 and $104,000, while the Bitcoin price quickly approaches the $98,500 mark.
This drastic fluctuation conveys a clear message from the market: the initial expectation of four rate cuts in 2025 has now been adjusted to only two rate cuts next year. Although the Federal Reserve Chairman has explicitly stated that individuals and institutions should not hold Bitcoin and has no intention of pushing for legal changes, he also acknowledged that monetary policy formulation is not arbitrary but must be based on detailed data analysis. Implicitly, the future path of rate cuts will still need guidance from various economic data.
This drastic fluctuation conveys a clear message from the market: the initial expectation of four rate cuts in 2025 has now been adjusted to only two rate cuts next year. Although the Federal Reserve Chairman has explicitly stated that individuals and institutions should not hold Bitcoin and has no intention of pushing for legal changes, he also acknowledged that monetary policy formulation is not arbitrary but must be based on detailed data analysis. Implicitly, the future path of rate cuts will still need guidance from various economic data.
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What does everyone think, where is the top of this round of bull market for Bitcoin?
#BTC持续刷新高点 #BTC再创新高 #加密市场狂欢
#BTC持续刷新高点 #BTC再创新高 #加密市场狂欢
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The 2024 bull market has arrived! The Federal Reserve is going to cut interest rates by 25 basis points this week! These altcoins may have the potential for 100% gains!
Using Bitcoin's new high as a baseline, the bull market process of the altcoin market has only advanced about 20%, which means investors still have ample time and opportunities to participate. Currently, many altcoins still seem to be in a sluggish state, failing to break through alongside Bitcoin, but a few, such as XRP, ADA, TRX, XLM, and LINK, have begun to show strong momentum, either hitting new highs or approaching historical peaks.
It is worth noting that although many altcoins listed on major exchanges still linger at bear market levels, this actually provides investors with a rare opportunity. As long as these projects continue to operate, it is likely that institutional funds have already made secret arrangements and gained control. Once the timing is right, these altcoins may achieve several times of appreciation in just a week or even a day, and within a month, they might completely release the momentum built up over the past several years.
It is worth noting that although many altcoins listed on major exchanges still linger at bear market levels, this actually provides investors with a rare opportunity. As long as these projects continue to operate, it is likely that institutional funds have already made secret arrangements and gained control. Once the timing is right, these altcoins may achieve several times of appreciation in just a week or even a day, and within a month, they might completely release the momentum built up over the past several years.
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The 2024 bull market is here! The market is about to usher in the expectation of a rate cut in December! Several altcoins that may have the potential to increase by 100%!
The subsequent development direction of Bitcoin is a complex and changeable topic, which is affected by many factors, including but not limited to the global economic situation, policy supervision, technological innovation, market sentiment, etc. Therefore, predicting the specific trend or price of Bitcoin is a very challenging task.
Regarding the relationship between Trump's inauguration and Bitcoin prices, it should be made clear that although political factors may have a certain impact on the financial market, they cannot directly determine the price trend of Bitcoin. Trump's remarks or policy tendencies may trigger some market reactions, but the price of Bitcoin is ultimately determined by market supply and demand.
Regarding the relationship between Trump's inauguration and Bitcoin prices, it should be made clear that although political factors may have a certain impact on the financial market, they cannot directly determine the price trend of Bitcoin. Trump's remarks or policy tendencies may trigger some market reactions, but the price of Bitcoin is ultimately determined by market supply and demand.
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The 2024 bull market has arrived! Is the pullback an opportunity to enter? These cryptocurrencies have the most potential to explode with a 100% increase!
After a brief price breakthrough (spike) yesterday for Bitcoin and Ethereum, the market quickly entered a secondary bottom-testing phase, with Bitcoin touching a low of about $94,200 and Ethereum dropping to around $3,510. According to our analysis from yesterday, Ethereum has formed an attractive buying zone around $3,500. For those who previously took profits at lower prices or who have not yet entered the market, as well as participants intending to capitalize on the market speculation arising from Ethereum's upgrades next year, the vicinity of $3,500 is undoubtedly a worthy initial position to build a position. A common feature of bull markets is a rapid decline followed by a slow recovery, with each sharp drop providing a valuable opportunity to add positions. However, the key lies in overcoming human fears and greed, avoiding blindly chasing lower prices, as true 'bottom fishing' is often accomplished by market leaders, and we should enter the market in an orderly manner based on established strategies.
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Some good news for the market in the next month:
1. The impact of the FTX compensation incident on the market:
In January, the market may usher in a large amount of funds injected, which is mainly due to the high compensation of FTX, and the amount is expected to reach 13.4 to 15.2 billion US dollars, and it will be paid mainly in the form of USDC.
This amount is equivalent to more than 100,000 bitcoins. It is expected that the inflow of these funds will bring a large amount of buying, which may push up the price of cryptocurrencies. In addition, when the market rebounds, investors who receive compensation may choose to continue holding rather than withdraw immediately, which will further support the market.
2. Market outlook for Trump's coming to power and the change of SEC chairman:
Despite some uncertainties, the price of cryptocurrencies may not fall sharply as a result.
The market is expected to maintain a volatile trend and may even rise slightly. In this context, investors may continue to hold altcoins and Bitcoin, especially after the price breaks through the $100,000 mark, and may consider moderately reducing their positions and adjusting their investment strategies.
3. The prospect of Microsoft's investment in Bitcoin:
Microsoft is expected to announce its plan to invest in Bitcoin in January, with an investment scale of at least $1 billion. This news will become an important driving force for the market to rise, and may further increase the recognition and price of Bitcoin in the mainstream market.
There are many opportunities in the cryptocurrency market in the next month, especially the news such as the FTX compensation incident and Microsoft's investment plan, which may bring capital inflows to the market and drive prices up.
Therefore, under the premise of controllable risks, investors can consider continuing to hold or appropriately adjust their positions to seize these opportunities.
#Meme齐涨 #山寨季将持续多久？ #美财政部称BTC“数字黄金”
1. The impact of the FTX compensation incident on the market:
In January, the market may usher in a large amount of funds injected, which is mainly due to the high compensation of FTX, and the amount is expected to reach 13.4 to 15.2 billion US dollars, and it will be paid mainly in the form of USDC.
This amount is equivalent to more than 100,000 bitcoins. It is expected that the inflow of these funds will bring a large amount of buying, which may push up the price of cryptocurrencies. In addition, when the market rebounds, investors who receive compensation may choose to continue holding rather than withdraw immediately, which will further support the market.
2. Market outlook for Trump's coming to power and the change of SEC chairman:
Despite some uncertainties, the price of cryptocurrencies may not fall sharply as a result.
The market is expected to maintain a volatile trend and may even rise slightly. In this context, investors may continue to hold altcoins and Bitcoin, especially after the price breaks through the $100,000 mark, and may consider moderately reducing their positions and adjusting their investment strategies.
3. The prospect of Microsoft's investment in Bitcoin:
Microsoft is expected to announce its plan to invest in Bitcoin in January, with an investment scale of at least $1 billion. This news will become an important driving force for the market to rise, and may further increase the recognition and price of Bitcoin in the mainstream market.
There are many opportunities in the cryptocurrency market in the next month, especially the news such as the FTX compensation incident and Microsoft's investment plan, which may bring capital inflows to the market and drive prices up.
Therefore, under the premise of controllable risks, investors can consider continuing to hold or appropriately adjust their positions to seize these opportunities.
#Meme齐涨 #山寨季将持续多久？ #美财政部称BTC“数字黄金”
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The 2024 bull market has arrived! Bull markets may crash suddenly, just for higher gains! After yesterday's pinning market, we can position these altcoins that have the potential for 100% growth in the future!!
During bull markets, mainstream digital currencies like Bitcoin often experience sharp price drops, just like the rapid drop in Bitcoin today. Facing the current market trend, when such sharp declines occur, we should bravely seize the opportunity and not hesitate. This rapid drop in Bitcoin is mainly to clear high leveraged positions in the market, reportedly leading to over $400 million in liquidations, with all high leverage above 10 times being cleared. Meanwhile, the fluctuations of other non-mainstream digital currencies (commonly known as 'altcoins') are relatively small, mainly because most investors are cautious towards altcoins and are not eager to chase the rise (FOMO, or 'fear of missing out'), thus lacking strong de-leveraging demand.
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10 years ago
All you needed to do was register a wallet
and you would receive something worth 10 million dollars now
If you could travel back in time, would you take a look?
All you needed to do was register a wallet
and you would receive something worth 10 million dollars now
If you could travel back in time, would you take a look?
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The 2024 bull market has arrived! Is this the last chance for altcoins to board? Position these altcoins with a potential increase of over 100% in advance!
December may be the last chance to board EHT and altcoins
Against the backdrop of BTC's volatility and SOL's dimming shine, the blue-chip stocks of the ETH camp like UNI, AAVE, MKR, LINK, and CRV surged together yesterday, becoming our focus sector that we have been optimistic about for the past few weeks.
BTC.D continues to decline, a phenomenon that has been extremely rare over the past two years, and it is difficult to return to the glorious high of 61% in November, indicating a trend reversal.
The rapid rise of ETH in November has attracted many trend-following investors. If the market enters an adjustment phase in December, this may be the last opportunity to capitalize on ETH's upward potential. By January next year, ETH's performance may be impressive.
Against the backdrop of BTC's volatility and SOL's dimming shine, the blue-chip stocks of the ETH camp like UNI, AAVE, MKR, LINK, and CRV surged together yesterday, becoming our focus sector that we have been optimistic about for the past few weeks.
BTC.D continues to decline, a phenomenon that has been extremely rare over the past two years, and it is difficult to return to the glorious high of 61% in November, indicating a trend reversal.
The rapid rise of ETH in November has attracted many trend-following investors. If the market enters an adjustment phase in December, this may be the last opportunity to capitalize on ETH's upward potential. By January next year, ETH's performance may be impressive.
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In short, my personal views on altcoins are as follows:
1. Sector rotation is the core of altcoin operations. Market liquidity is limited, with Bitcoin and Ethereum mainstream attracting significant capital, resulting in less funding flowing back to older coins.
2. The simplest way to operate is to follow the trend, pay attention to market hotspots, combine chart analysis, determine positions and cost-performance ratio, and if there is potential for development in the future market, one can attempt to intervene.
3. The current market is friendly to swing traders, and short-term swing arbitrage still has opportunities; for long-term holders, it may be necessary to wait until next year's market peak to achieve significant returns.
4. Even if you miss certain coins' market movements, there's no need to worry, as there are always new opportunities to be found in the market, and it's advisable to avoid excessive concentration on a single coin.
#比特币盘整分析 #PCE与美联储纪要公布在即
1. Sector rotation is the core of altcoin operations. Market liquidity is limited, with Bitcoin and Ethereum mainstream attracting significant capital, resulting in less funding flowing back to older coins.
2. The simplest way to operate is to follow the trend, pay attention to market hotspots, combine chart analysis, determine positions and cost-performance ratio, and if there is potential for development in the future market, one can attempt to intervene.
3. The current market is friendly to swing traders, and short-term swing arbitrage still has opportunities; for long-term holders, it may be necessary to wait until next year's market peak to achieve significant returns.
4. Even if you miss certain coins' market movements, there's no need to worry, as there are always new opportunities to be found in the market, and it's advisable to avoid excessive concentration on a single coin.
#比特币盘整分析 #PCE与美联储纪要公布在即
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The bull market of 2024 has arrived! The recent pullback of Bitcoin is just a prelude for better upward movement. Here are several altcoins with 100% potential for growth in the bull market!
Recently, the price of Bitcoin has retraced, mainly due to the market generally believing that Bitcoin is about to break through the $100,000 mark, leading many retail investors to take profits at this price level. The market generally expects that new market movements may occur after Trump's inauguration (on January 20).
Looking back at the previous cycle of Dogecoin (Doge), it experienced a doubling rise at the end of December, but the real strong launch occurred at the end of January, after the new president took office. During that half-month period, the price of Dogecoin skyrocketed tenfold, greatly stimulating market sentiment, causing the entire altcoin market to enter a frenzy in the following months of February, March, and April.
Looking back at the previous cycle of Dogecoin (Doge), it experienced a doubling rise at the end of December, but the real strong launch occurred at the end of January, after the new president took office. During that half-month period, the price of Dogecoin skyrocketed tenfold, greatly stimulating market sentiment, causing the entire altcoin market to enter a frenzy in the following months of February, March, and April.
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The 2024 Bull Market Has Arrived! Ethereum Finally Shines! The Altcoin Season Is Coming! Invest in These Cryptocurrencies with 100% Potential for Growth!
With Bitcoin (BTC) leading the market upward, especially when funds have not fully entered the market, blindly chasing gains carries significant risks, as market corrections may result in substantial losses, so it is not advisable to rush in.
Once Bitcoin's upward momentum weakens, funds may shift to other cryptocurrencies, especially leading coins like Ethereum (ETH) and SOL. Closely monitoring the dynamics of these coins can help in understanding the flow trends of market capital.
Recently, investors should pay attention to popular areas such as Layer 2, decentralized finance (DeFi), and memes, as these segments often surge after a strong rise in Bitcoin. As wise investors, they should lay out their plans in advance to timely capture changes in capital flows.
Once Bitcoin's upward momentum weakens, funds may shift to other cryptocurrencies, especially leading coins like Ethereum (ETH) and SOL. Closely monitoring the dynamics of these coins can help in understanding the flow trends of market capital.
Recently, investors should pay attention to popular areas such as Layer 2, decentralized finance (DeFi), and memes, as these segments often surge after a strong rise in Bitcoin. As wise investors, they should lay out their plans in advance to timely capture changes in capital flows.
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The 2024 bull market has arrived! After Bitcoin's bloodsucking ends, it will be the arrival of altcoin season, with these few altcoins possessing 100% potential for future growth!
If we examine Bitcoin's market share, this year indeed bears many similarities to 2019: both face industry downturns and witness new funds primarily flowing into Bitcoin, the leader.
If we analyze from a relatively fixed perspective, when Bitcoin's market share attracts funds to about 65%, it may indicate that the industry is about to usher in a new turning point, a new myth is on the horizon. Once the market share rises to 70%, it can be said that it just awaits a suitable opportunity for the entire industry to be completely ignited. Because at this critical moment, even a small outflow of funds from the Bitcoin market is enough to trigger a frenzy in the industry. After all, we still want to believe that such moments of frenzy will eventually come!
If we analyze from a relatively fixed perspective, when Bitcoin's market share attracts funds to about 65%, it may indicate that the industry is about to usher in a new turning point, a new myth is on the horizon. Once the market share rises to 70%, it can be said that it just awaits a suitable opportunity for the entire industry to be completely ignited. Because at this critical moment, even a small outflow of funds from the Bitcoin market is enough to trigger a frenzy in the industry. After all, we still want to believe that such moments of frenzy will eventually come!
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Have you experienced any of these coincidences in the crypto world?
When you are close to breaking even, the rebound suddenly stops.
When you take profits, a dark horse emerges out of nowhere.
When you are self-satisfied, an airstrike arrives on schedule.
When you are broke, good coins are everywhere.
When you are all in at the bottom, the decline has just begun.
#英伟达财报即将公布 #币安注册用户突破 2.4 亿
When you are close to breaking even, the rebound suddenly stops.
When you take profits, a dark horse emerges out of nowhere.
When you are self-satisfied, an airstrike arrives on schedule.
When you are broke, good coins are everywhere.
When you are all in at the bottom, the decline has just begun.
#英伟达财报即将公布 #币安注册用户突破 2.4 亿
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BitcoinInSwissReserves
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A recent initiative in Switzerland proposes that the Swiss National Bank (SNB) incorporate Bitcoin into its reserves alongside gold. This proposal, backed by ten cryptocurrency advocates, seeks to amend existing laws and requires 100,000 signatures within 18 months to prompt a public referendum.
Historically, the SNB has been skeptical about cryptocurrencies. Chairman Martin Schlegel recently expressed caution, highlighting concerns over their volatility, energy consumption, and associations with illegal activities.
Switzerland's direct democracy allows citizens to influence federal laws through referendums, making this proposal a potential catalyst for national debate on Bitcoin's role in financial reserves. However, the SNB's current stance suggests that significant deliberation would be necessary before any policy shift occurs.
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