Some people describe us cryptocurrency investors as mice in the sewers, hidden from the light.
Many friends also think this way.
Some even do not wish to use their real names on exchanges, fearing it might affect their reputation or violate laws.
Every time I encounter such fans, I seriously tell them that trading cryptocurrency is not illegal, and we live in the sunlight.
The Shanghai High Court announced: virtual currencies have property value, and personal possession is not illegal.
As long as we do not issue our own coins or engage in U trading, our investment activities are legal.
However, the current domestic environment is not good; there is a small policy up top, which leads to a general mobilization below.
It's like waving a whip; a gentle swing can expand the impact step by step.
But one thing is certain: as long as we invest normally, we do not need to worry about breaking the law, which serves as a reassurance for those timid investors.
Although investment is legal, it does not mean we can do as we please.
The domestic environment is more about governance by people; many times, we are powerless.
Therefore, everyone must be careful and cautious when depositing and withdrawing money, and must not get involved with dirty money, or else there will be a risk of frozen accounts.
When choosing merchants, be sure to select those with a long history and large trading volume.