No need to use the original for rumors.

$SC issued an additional 30 billion, and instead it went up. Which expert can explain this to me?

To survive in this market, there is a one in a thousand chance, and a one in ten thousand chance to make big money. If you want to survive, you must first learn and understand a usable logic. The logic verified by those experts is feasible. The pseudo-experts in the square exist to collect commissions and fees. Therefore, after you learn, it still doesn't belong to you; you need to summarize and review your own trading orders. You need to understand those that made you money and those that resulted in losses. You must realize that it takes three to five years to not go astray from the beginning.

Let me introduce my background. I am based in Shanghai, born in 1993, and graduated with a master's degree in the UK. I work for a company listed on the A-share market. Actually, I don’t have much connection with Bitcoin; I just heard it was particularly profitable during the big boom in 2017, so I started to study the mechanism and principles of Bitcoin. Since I particularly enjoy researching side jobs to make money, I then had my first investment experience.
At that time, in May 2018, EOS was all the rage, and I thought the coin was not at a high point, so I bought EOS and HT for a total of 22,500 RMB on the Huobi exchange. As a result, the price began to plummet continuously, and to this day, I am still stuck in it, with my assets shrinking to 14,000 (as shown in the picture below). Because I got to know some big names in the crypto circle while studying in the UK, later they communicated, and from their insinuating words, I figured out how they raised money. It’s actually quite similar to Sun Yuchen... they first raised a sum of money for the ICO, then held a large number of nodes, opened several accounts, and when Bitcoin was at its peak, they aggressively pumped the price, then cut the leeks... If you look at various air coins on exchanges, you will find that they start to plummet after the third month because they raise money and run away. Only world-class cryptocurrencies like Bitcoin and ETH are not easily manipulated because it is difficult for a few big players to drive such a large market.
Later, I began to study the primary market of Bitcoin, commonly known as mining. However, the traditional mining model made me feel the investment was too large because the initial capital investment, which is the cost of buying mining machines, was too high, and the subsequent cash flow, which is the corresponding value of Bitcoin produced in RMB, was not stable enough. So I gave up this idea. For a long time, my side business income was zero, haha...
Just then, a turning point appeared. A childhood friend told me he was doing a project to rent mining machines to mine Bitcoin, so I became interested in their project. Their project's profit model can be summarized in three points:
1. Self-operated mining farms with large-scale procurement of mining machines, creating marginal benefits from purchasing. Centralized control can better utilize the remaining value of computing power in the mining farm.
2. There is a proprietary token BHP, which tokenizes the intangible asset of computing power.

When I bought Bitcoin, it was 4000 each, Litecoin was 30 each. You can check the current prices, how many times Bitcoin has surged and plummeted in its more than 10 years of history, and how many people can hold on to it. A person has one million, he buys ten thousand worth of Bitcoin, and then treats it as gone. I only have ten thousand, I used it all to buy coins, then fantasizing that in 10 years it will rise to ten million, am I crazy? No one can hold on forever.
In my over 10 years in the crypto world, it has gone through several stages:
1: Entered the crypto world at 8000, caught the bull market, earned over 10 million.
2: Lost over 10 million and was in debt by 8 million.
3: Then borrowed 200,000 to enter the market and reached 20 million.
4: From over 20 million to currently more than 2 small suns.
5: Currently ongoing, aiming for the next bull market to reach 10 small suns.
The text is too long; patiently read to the end, and I believe it will be very helpful for you in your investment journey in the crypto world!
You might question what I say; it doesn't really matter. The reason I'm here on Zhihu is simple: sharing my experiences can truly help some people and some families, which is worth it! Criticism is fine; as long as it helps you understand how to earn money in the crypto world.

When I bought Bitcoin, it was 4000 each, Litecoin was 30 each. You can check the current prices, how many times Bitcoin has surged and plummeted in its more than 10 years of history, and how many people can hold on to it. A person has one million, he buys ten thousand worth of Bitcoin, and then treats it as gone. I only have ten thousand, I used it all to buy coins, then fantasizing that in 10 years it will rise to ten million, am I crazy? No one can hold on forever.
In my over 10 years in the crypto world, it has gone through several stages:
1: Entered the crypto world at 8000, caught the bull market, earned over 10 million.
2: Lost over 10 million and was in debt by 8 million.
3: Then borrowed 200,000 to enter the market and reached 20 million.
4: From over 20 million to currently more than 2 small suns.
5: Currently ongoing, aiming for the next bull market to reach 10 small suns.
The text is too long; patiently read to the end, and I believe it will be very helpful for you in your investment journey in the crypto world!
You might question what I say; it doesn't really matter. The reason I'm here on Zhihu is simple: sharing my experiences can truly help some people and some families, which is worth it! Criticism is fine; as long as it helps you understand how to earn money in the crypto world.