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Crypto Amelia
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Crypto Amelia
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Achieving financial freedom through Bitcoin is an impressive feat, but it comes with its own set of challenges. A fan once shared his experience with me: he bought 300 Litecoins for 6,000 yuan at the end of 2017. If he had held onto them, their value would have reached nearly 600,000 yuan when the price peaked at 300 US dollars per Litecoin. However, he sold them after only a few weeks. Why did he sell? His life became consumed by Litecoin. From the moment he woke up until he went to bed, he was constantly checking the market. He couldn't enjoy meals, focus at work, or even sleep without thinking about the market fluctuations. The highs brought him joy, but the lows brought him despair. Despite the promising future, the present was overwhelmingly stressful. The constant monitoring took a toll on his mental and physical health, forcing him to sell his holdings not out of dislike, but for his well-being. The biggest challenge in virtual currency trading is its 24/7 market. Unlike traditional markets, there's no weekend respite. This constant trading can be mentally exhausting, especially with the volatility of cryptocurrencies, where values can drop by 50% at any moment. Even long-term holders feel the pressure when their asset value fluctuates dramatically. Watching an investment shrink from 600,000 yuan to 300,000 yuan can lead to regret and second-guessing, questioning why they didn't sell earlier to mitigate losses. In conclusion, those who achieve financial freedom through Bitcoin endure significant psychological strain. Their journey requires immense tolerance and resilience. However, for those who succeed, the rewards can be substantial.
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$XRP $BTC $SOL 🔥🔥🔥 North Korean hackers responsible for $235 million theft from Indian crypto exchange WazirX, says Cyfirma 😱😱😱 More than a week after $230 million was stolen from the Indian crypto exchange WazirX, it has been identified that the North Korean hacker group Lazarus Group was behind this massive theft. According to Cyfirma, the state-sponsored attack is linked to North Korea's Reconnaissance General Bureau (RGB), a primary intelligence service. CYFIRMA’s researchers' analysis revealed that close to $235 million in crypto assets were lost due to the breach. This included over 200 different assets, such as approximately $96.7 million of Shiba Inu, $52.6 million of Ether, $11 million of Matic, and $7.6 million of Pepe. The threat actor has already swapped a number of these tokens for Ether using a variety of decentralized services, an expected initial step in a typical laundering process, the firm said. The attacks were carried out by two subgroups of the Lazarus Group, namely APT38 and Blue Noroff. Lazarus mainly targets crypto exchanges and financial institutions worldwide. Who are these two groups? APT38 primarily focuses on financial crimes, including attacks on banks and cryptocurrency exchanges. They are known for orchestrating large-scale heists and have been linked to several high-profile attacks on Asian financial institutions and crypto exchanges. APT38 uses sophisticated techniques such as custom malware, spear-phishing campaigns, and exploiting software vulnerabilities to infiltrate and steal funds. BlueNoroff is focused on targeting financial institutions and cryptocurrency exchanges. Cyfirma said the group has been implicated in various attacks on crypto exchanges in Asia, employing tactics such as phishing, malware deployment, and social engineering to compromise their targets
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Top Reason Why Solana (SOL) Price Is Down Today The cryptocurrency market has been bearish for four consecutive days, impacting top tokens like Bitcoin and Ethereum. Solana (SOL) has also lost its bullish momentum, erasing weekly gains and dropping 7.83% in 24 hours with a trading volume of $3.523 billion. This week, SOL has fallen about 13%, indicating a negative short-term outlook. Despite a 32.06% rise in the past weeks, SOL couldn't maintain its value above $190. Increased selling pressure and market volatility are the main reasons for the drop. Technical indicators suggest further bearish trends, with the SOL price potentially hitting $155 if the downturn continues. However, a market reversal could see SOL targeting $181.50 and possibly reclaiming $200. ❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE ⌨️ COMMENT 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #SOL #SOLETF
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