Don't be careless with cryptocurrency trading! Beware of 'Black U' that can harm you!

When trading, be very careful of 'Black U', because once you encounter this dirty U, your bank account or exchange account may be frozen. Speaking of this, you might want to know, which U is considered 'Black U'?

Today, I will discuss the sources of these Black U and also help you understand to avoid stepping on landmines.

First, some exchanges actually have covert collaborations with online gambling platforms, specifically allowing gamblers to exchange USDT (also known as U). These USDT typically come from gambling, which is why they are called 'Black U'. Some OTC (over-the-counter) platforms are also involved in this arbitrage, but what they don’t know is that this may violate criminal law, leading to trouble, possibly involving charges of 'aiding criminal activities'.

Now let's talk about the current online gambling platforms; they are becoming increasingly cunning. To evade regulation, they convert Renminbi chips into USDT to avoid detection. If you want to participate in gambling, you must first load U! But these illicit funds will eventually flow into certain designated exchanges. Once this gambling platform is investigated, all U that has transactions with these suspicious wallet addresses will be deemed 'Black U'. If the police check and find that your account has had contact with these addresses, your exchange account may be considered an involved account, resulting in it being frozen, with dire consequences.

Another situation is how telecom fraudsters launder their ill-gotten gains after a successful scam. The answer is: by exchanging dirty money for U through exchanges. In this way, originally clean U can also become Black U. Scammers may wash these U through multiple transactions and return them to their hands, and these Black U will circulate among those who have transactions with them. If you inadvertently traded with these fraudsters, your account could be targeted by law enforcement, and a freezing notice will follow.

Therefore, in the process of trading cryptocurrency, in addition to being careful to avoid receiving dirty money, you must be vigilant about receiving 'Black U'. How to be cautious about 'Black U' and ensure safe withdrawal? Follow our homepage for answers.

Can you turn ten thousand into one million in this bull market?

The answer is yes.

I will share a feasible plan. If you follow through, making one million is achievable.

1. Buy coins when Bitcoin is above the MA20 on the weekly chart, buy two to three, and they must be new coins, hot coins in a bear market, like APT before its rise. It emerged from the bear market; as long as Bitcoin rises a bit, it can take off, like OP. Just remember, it needs to be popular and have a story to tell.

2. If Bitcoin falls below MA20, cut losses. Continue to make money during the buying or waiting period, giving yourself two to three chances to fail. If you have twenty thousand in savings, invest ten thousand; you can afford to fail three times.

3. If you buy a coin like APT, aim for a 4-5x return. Keep executing the strategy; remember, you are working with small capital, and you must buy new coins. Don't buy ETH or BTC. Their price increases cannot support your dreams.

4. If you make three 5x returns from a bear market to a bull market, that's about 125 times. This period can take as short as a year or as long as three years.

You have three chances to fail. If you fail all three times, it indicates you lack the ability; stay away from this circle, avoid investing, and especially steer clear of contracts.

Invest your energy into work, cultivate your hobbies, and improve your skills. Earn a good living through work. When you are more mature and stable, around your 30s, if another bear market like 2022 occurs, invest another twenty thousand and try again with the above method. If you still don't succeed, then just work steadily and stay away from the crypto space.

The most important thing about the above methods is to have patience. If you lack patience and get flustered, exit quickly.

In short, remember to enter when it's time to enter, and to cut losses when it's time to cut losses; be patient!

The year 2025 will be a crazy bull market in the cryptocurrency world and also the last opportunity for retail investors! As someone who has experienced three bull and bear markets, having struggled in the crypto space for 10 years, and transformed my capital from 8000 to now achieving financial freedom, a leap in social class! Let me explain in detail about the cryptocurrency bull market in 2025, and how retail investors can make money and get a share! First, let's discuss why the bull market in 2025 is the last opportunity for retail investors, with several reasons:
1. The next cycle is highly tied to the U.S. economy.
2. The U.S. 2024, which is this year, is an election year. After the election, for 1-2 years, it is highly probable that there will be massive monetary easing. It has been almost confirmed that changing the president will likely lead to massive monetary easing. Domestic policies will probably follow this trend.
3. Domestic policy risks, which have been the biggest instability factor in the crypto space, have been eliminated. After the complete withdrawal of mining, the impact on the crypto market has become very low.
4. Young people from high-education, young, upper-middle-class families are joining in. This trend has occurred in many emerging industries. They will become new legends and bring more people and more capital into the market.
5. Bitcoin ETF approval allows substantial funds to enter the market easily, driving demand.
6. Bitcoin halving, I put this last because I feel it is not the key factor for a major bull market. However, it is very likely to become a key signal. It serves as a reason for institutions, retail investors, and large holders to push the bull market. This bull market differs from the previous one and resembles the 2016 surge that turned into a crazy bull market in 2017. So, after the rise in 2024, it will also become a crazy bull market in 2025!
The Top Ten Signals Before the Arrival of the Cryptocurrency Bull Market
Before a bull market arrives, there are always some key signals. If you catch them, you can position yourself early and welcome the market rise! Here I summarize the ten most common signs to help you identify opportunities.
1. Monetary easing and sufficient funds. Central banks releasing liquidity and lowering interest rates fill the market with funds. Bitcoin, as a 'safe-haven asset', begins to gain popularity. The higher the inflation expectations, the greater the market for Bitcoin.
2. Institutional capital entering. Large funds and institutional investors begin to purchase cryptocurrencies, which often signals that a bull market is about to start. Their entry is a significant indicator.
3. Surge in social media buzz.

A month ago, my friend made a serious mistake while transferring USDT, resulting in a loss of $25,500. This painful experience reminded us to be especially careful in cryptocurrency transactions. Here is the story and the lessons every cryptocurrency user should learn.

**Wrong Transfer**

My friend intended to transfer $25,500 worth of USDT from his KuCoin account to his business partner's OKX wallet. The other party provided a wallet address that supports the ERC20 network and hoped to complete the transaction smoothly. But the problem occurred here:

While setting up the transfer, my friend accidentally selected the Polygon network instead of the correct ERC20 network. He did not notice this error and proceeded with the transaction.

After the transfer was confirmed, USDT was deducted from the KuCoin account but never arrived at the other party's OKX wallet. Despite multiple attempts to recover the funds, the money could not be retrieved since the OKX wallet does not support deposits on the Polygon network.

**Lesson: Avoid Major Mistakes in Cryptocurrency**

This incident reminds us once again that we must be very careful and double-check all information before each cryptocurrency transaction.

**What Went Wrong:**

1. **Network Mismatch**: The wallet address sent supports the ERC20 network, but the transaction chose the Polygon network.
2. **Irreversible Transactions**: Unlike traditional banks, cryptocurrency transfers cannot be reversed or corrected once confirmed.

**Best Practices to Avoid Similar Mistakes:**

To prevent similar issues from occurring again, here are some suggestions:

1. **Double-check Wallet Address**: Always recheck the recipient's address and the blockchain network they specified.
2. **Ensure Network Consistency**: Choose a network that matches the blockchain network specified by the recipient.
3. **Conduct a Small Test Transfer First**: Before making large transfers, send a small amount of funds to ensure everything goes smoothly.
#BNB创历史新高 #小非农数据即将公布 #Layer1公链普涨 #每日瓜分1BNB