There are many tricks in the cryptocurrency circle, so be cautious when investing. I heard that some people speculated in cryptocurrency and became rich overnight, with a net worth of tens of millions.
I heard that Bitcoin is almost worth 500,000 yuan per coin. How can something that cannot be seen or touched be so valuable?
I heard a friend talk about Bitcoin and asked you to invest in it, but you didn't. Now the price is so high, why didn't you buy 100 yuan at that time? If I had bought it, wouldn't I be a multi-millionaire now?
Someone in my friend circle seemed to have posted something about digital currency, but I didn’t take it seriously, thinking it was all fake. It will collapse sooner or later, just like the tulip scam. If someone takes over, it will definitely collapse in the end.
However, in 2010, 2012, 2013, 2017, 2021, and even today, we are still in the bull market. Bitcoin has experienced bull markets and crashes again and again. Amid everyone's doubts, it has reached higher points again and again, and has also driven more virtual currencies to higher points again and again.
Recently, many friends have asked me about what coins to buy, how they view certain projects, and whether this coin or that coin can increase by dozens or a hundred times. After communicating with them, I found that most people are like me at the beginning. They only heard about someone getting rich overnight, and tended to be eager to make money, so they bought coins in a rush. They had no knowledge of the cruelty of the cryptocurrency circle.
I started to learn about the cryptocurrency world during the bull market in 2017. In the past few years, I have experienced both bull and bear markets, and have fallen into many traps. I hope you can learn more through this article and avoid making the same mistakes again.
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