The reason why the cryptocurrency industry loses money
Zibo barbecue became popular, and a large group of people rushed to Zibo to set up barbecue stalls, but in the end they lost all their money. Tianshui Malatang became popular, and a large group of people came to learn the skills. Then they invested hundreds of thousands to open stores, but lost a lot of money. The cryptocurrency circle became popular, and a large group of people rushed to speculate in cryptocurrencies, and in the end they almost lost everything they had and went to heaven. Now the general cost of starting a business is very low, and there is almost no threshold for starting a business. As long as you have money, you can start a business. However, the risks of starting a business are very high. There are positioning problems, sales problems, profit problems, market problems, capital chain problems, management problems, competitive product problems, etc. These are the obvious problems, and there are also various hidden problems.
In the early morning of April 13, the entire cryptocurrency market was red and blood was flowing, especially for friends in Asia. When I woke up, my positions were gone and my money was gone too. It was also known as the 413 incident, but who would have thought that there would be a 414 incident in the early morning of the next day, which was another 20% drop in a dream. Three hundred thousand people’s positions were liquidated. Some people received the bloody chips, while some people felt that this little bit of blood was just an acupuncture, and the bigger ones were yet to come. So what exactly is going on with this decline? If you read the news, you probably think that the war in the Middle East caused the cryptocurrency avalanche.
ETH314 is an innovative super peer-to-peer interactive protocol, which is called a nuclear bomb-level application in the currency circle by many people. Here are some highlights of ETH314:
Save GAS fees: Compared with the average transaction fee of 100U on the Ethereum chain, ETH314 can save more than 50 times the GAS fee. This means that the gas fee required for transactions using ETH314 is very low, allowing more users to accept transactions on the Ethereum chain, whether noble users or other users.
Anti-clamp robot arbitrage: ETH314 has a 60-second transfer time limit, which greatly improves the user's trading experience. Such a restriction prevents arbitrage robots from easily entering, ensuring the fairness of transactions and the interests of users.
Simplified transaction process: It is very simple to trade with ETH314. Just send ETH to the contract address to complete the purchase transaction, and send ETH314 tokens to the contract address to complete the sale transaction. This greatly reduces the transaction process and improves the user's transaction efficiency.
Anti-phishing hacker: ETH314 cannot be authorized, which blocks the risk of some phishing links stealing users' tokens. This design greatly improves the security of tokens and protects the security of users' assets.
Phenomenal application with great potential: ETH314 is considered to be a phenomenal application similar to ORDI. The current market value has reached 2M, but it still has the potential to increase by 100 times. This means that investing with ETH314 may bring huge returns.
Innate infinite rise logic Each transaction buy/sell, 0.5% of the number of deflation transactions The pool burns 0.25% per hour and 6% per day Ten thousand people have a consensus for 3 months, and you can get 10U without moving. Through continuous transaction deflation, you can see the 100U guaranteed price in 3 months
In the cryptocurrency world, how much time is left for retail investors?
Those who entered the market before this bull market will achieve financial freedom in the next two years or so, in 2025 and 2026, but the premise is: you have the ability! Do not act rashly when entering the market! When you see others making money, and most importantly, making A8 assets, do you panic? Why? Is time running out for ordinary retail investors in the cryptocurrency circle? There are mainly the following points: First, big institutions, big capital, Wall Street, etc. are queuing up to enter the market, leaving you no chance to grab low-priced chips. Second, the entry of various Gs, such as the US G, are quietly buying a large amount of BTC. In the past, we know that El Salvador publicly supports Bitcoin as legal tender. Now these big Gs are also scrambling to do so. Why? My personal thoughts:
By doing this in the currency circle, you can basically make a profit without losing money!
1. Invest in bear markets Patience is very important. Without patience, you will not have the mentality to make a layout. Try to find opportunities to make a layout in a bear market, just like buying PEPE at the bottom last year, which has doubled 300 times. Even if it has fallen recently, it is still 200 times. When the currency circle is dead, it is time to make a layout. Of course, it is also time to make a layout at the beginning of the bull market, but the doubling may be less. 2. Large funds buy mainstream products, small funds buy copycat products Use your funds to buy more BTC and ETH. It will be hard not to make money when the bull market comes. Use small funds to buy altcoins. As long as you have good analysis and good information sources, it is basically not difficult to make 50 times the profit. The difficulty lies in whether you can hold on to it, because the volatility of altcoins is usually larger.
Are the people who make tens of millions in the cryptocurrency industry real? Do they really exist?
Is it really that profitable to speculate in Bitcoin? If you bought hundreds of Bitcoins in the early 2000s and sold them at the peak price of more than 60,000 US dollars, then congratulations, you can basically lie down and enjoy your life. 1. First of all, you and I are both Chinese and live in mainland China, which is almost the only international free trade market that you and I can access. 2. The new capital market is still a blue ocean. 3. Consider whether you are suitable for this (do you dare to buy when the bear market falls, do you dare to sell at the end of the bull market? Can you hold on to it without changing the market randomly in the middle?)
I made money from virtual currency in college, but I am confused. What should I do?
I entered the market with 2,000 yuan, and after the first month, I made nearly 1,000 yuan playing with spot trading. Later, I heard from a friend that I could play with leverage. Fortunately, I made a small profit at the beginning, but the good times didn’t last long and I lost everything. I accidentally met a big guy, and he took me into the primary market. I was lucky. I made nearly 100,000 yuan in three months. Now I am also working in the primary market with my classmates, preparing to help them earn some living expenses. Well, it’s okay. I don’t pursue such a big goal. I just follow the big guys and get some soup. So the only way to make money in the currency circle is in the secondary market, and it’s best to have someone to guide you.
1: RIF RIF OS is the first all-in-one, easy-to-use, open blockchain infrastructure framework. The RIF (Rootstock Infrastructure Framework) token is intended to be a utility token, enabling any token holder to use all services that are compatible with the architecture of and integrated into the RIF OS. 2: RATS Rats is an animal currency created on the Bitcoin blockchain using the BRC-20 protocol, and shares the same name as rats, the most common mammal on earth. 3: BADGER Badger is a project that introduces BTC into the ETH DeFi ecosystem. BadgerDAO aims to become a community that brings together all outstanding developers and accelerates the creation of various products for BTC in DeFi applications.
Do you think the cryptocurrency world is an opportunity for ordinary people?
Let’s take a look first How much money can an average person earn in a lifetime? Calculated based on one person working for 40 years Monthly salary: 3,000 yuan, 36,000 yuan a year, 1.44 million yuan for life Monthly salary: 4,000 yuan, 48,000 yuan a year, 1.92 million yuan for life Monthly salary: 5,000 yuan, 60,000 yuan a year, 2.4 million yuan for life Monthly salary: 6,000 yuan, 72,000 yuan a year, 2.88 million yuan for life Monthly salary: 7,000 yuan, 84,000 yuan a year, 3.36 million yuan for life Monthly salary: 8,000 yuan, 96,000 yuan a year, 3.84 million yuan for life Monthly salary: 9,000 yuan, 108,000 yuan a year, 4.32 million yuan for life Monthly salary: 10,000 yuan, 120,000 yuan a year, 4.8 million yuan for life Monthly salary: 20,000 yuan, 240,000 yuan a year, 9.6 million yuan for life
How to make 10 million with 10,000 in the cryptocurrency world!
There are many people who have made 10 million in the cryptocurrency world. But making 10 million by yourself and coming up with a methodology for ordinary people to make 10 million are two completely different things. The latter is obviously much more difficult. Breaking down 10 million into three 10-fold increases, finding opportunities of corresponding magnitude in the first, second, and third 10-fold increases, and replicating and repeating the profitable operations 100 times in each 10-fold increase, I think these ideas are very scientific and effective. So how do you make 10 million in the cryptocurrency world? Let’s start with a basic theorem: In one's lifetime, you only need to make three consecutive ten-fold bets. Prepare $10,000, which is not necessary for you, and then $10,000-100,000, $100,000-1 million, and $1 million-10 million.
I really regret playing with virtual currency. I started working at the age of 14 and saved more than 70,000 yuan by 29, but I lost it all. I used the rent this month to sign a contract and then I was kicked out by the landlord. Alas, I have not eaten a single grain for two days. I curled up under the bridge waiting to die. I can't even get the daily pay. It's so painful. I just shamelessly logged into the QQ that I haven't used for 5 or 6 years to find someone for help, but found that many of my former classmates and friends have deleted me, and there are only 6 avatars left. I can't care about so much anymore. I humbly asked the only female classmate who lit up for 50 yuan for a meal, but was questioned whether she was the real person. I also had to make a video call. Colleagues were having a dinner together on the other side. A group of people heard that a classmate from several years ago was asking for 50 yuan, so they surrounded me and looked at me like a monkey with smiles on their faces. Finally, after much persuasion, they agreed to transfer 50 yuan to me after the meal. I waited for more than 2 hours before the money arrived. There was also a line of notes telling me to take care of myself and not to contact her in the future. It was so embarrassing. I replied with a thank you, but found that she had blocked me. Alas, I didn't expect that the friendship between classmates for many years was only worth 50 yuan. It's so hard for me to be born as a human being.
What are those people who make a fortune from virtual currency doing?
One of my neighbors happened to make a fortune by selling coins. He bought a townhouse in Shenzhen two years ago, paying in full without a mortgage. He was born in the 1990s. This neighbor was originally a programmer. He earned a lot of BTC by playing games in his early years. He sold them one by one and sold them all in 2020. According to his friends, he made more than 5000w by selling coins. The real number is probably unknown to anyone except his family. After making money, he sent his younger brother who was in college to the UK for gilding. I had dinner with him a while ago. He was very low-key. He had been driving a Crown car for 6 years and never changed it. He didn't have any luxury items on him.