The poverty of many people is actually caused by procrastination.

Essentially, it comes down to a lack of motivation; while others take immediate action, you delay and do nothing, resulting in others profiting while you remain stagnant.

For example, before 2017, Bitcoin could be easily purchased on some trading websites in the country, and even earlier it could be bought on Taobao.

Those with drive immediately sought to understand and took action to buy, and many ended up making a fortune.

As a result, now all the no-risk channels for buying Bitcoin in the country have basically been shut down.

Another example is before 2023, buying US stocks through Hong Kong brokers like Futu and Tiger Brokers was straightforward; you could open an account in just ten minutes. But many people even procrastinated on this, and as a result, after the policy changes, opening accounts is no longer allowed.

Those who opened their accounts back then and bought Tesla, Google, and Nvidia ended up making a huge profit.

Additionally, some overseas banks may also stop allowing account openings in the future.

Delaying many things will only lead to disastrous consequences in the end.

Personally tested Hong Kong offline#withdrawal#withdrawal
Although#BINANCEwithdrawals have not been frozen, I am always afraid of encountering ghosts when walking at night. At the same time, I want to switch to US stocks, so I applied for a Hong Kong card.
There are many offline OTCs in Hong Kong, concentrated in Mong Kok, Tsim Sha Tsui and Admiralty. Some can only exchange Hong Kong dollars, and some can exchange US dollars. I went to the one in Admiralty Station and exchanged 50,000 dollars. Then I went to HSBC HSBC counter to deposit (ATM can only deposit Hong Kong dollars), but was rejected. They said that the maximum deposit per week was 10,000 dollars, otherwise I would provide the source of funds. Then I went to Standard Chartered, and the counter asked me to apply for a priority financial management card, saying that I could deposit 50,000 dollars at a time, so I applied for one. As long as I ensure that there is 1 million Hong Kong dollars in the retained funds, there is no annual fee (3,600 Hong Kong dollars). When you arrive in Hong Kong, remember to connect to WIFI and apply for ZhongAn Bank.

To sum up,

HSBC: It is more affordable to apply for an ordinary card. You don’t need to deposit a large amount. The maximum deposit per day (within 24 hours) in ATM is 100,000 Hong Kong dollars. Large amounts of US dollars are not allowed to be deposited at the counter. So if you want to exchange HKD, you can consider using the ATM to deposit directly into the card. HSBC can be linked to alipayhk
which is the Hong Kong version of Alipay, which can be used in the mainland, with no handling fees, and only related to the exchange rate. This solves the problem that Hong Kong cards cannot be used in the mainland to withdraw money.

Standard Chartered: You can apply for a priority wealth management card to deposit large amounts of US dollars (for example, 50,000 dollars each time), and the counter will not ask. You can exchange 11 currencies and invest in US stocks and funds.

ZhongAn: You can apply directly by connecting to any Hong Kong WIFI, and you can get a small receipt. Currently, ZhongAn can directly link to domestic WeChat bank cards for direct consumption. Use it and cherish it!

25-year high looking around 90

The bull market is a hunting game
The big players are the hunters, and the retail investors are the prey
First, they pump Bitcoin to activate the market
Then they pull up a batch of 100X and 1000X coins on the chain to attract retail investors to enter, and when everyone's USDT is converted into altcoins and locked on the chain, the big players' inventory on the chain is almost sold out.

At this time, the big players go to pump the secondary market, today this one doubles, tomorrow that one triples, how can the retail investors stand it? They have no choice but to cut their losses on the chain and chase the secondary market, at this point the big players give you the secondary market's inventory back, taking back the chips of those who sold at a loss on the chain.
After the handover, the big players go to pump the chain again, and retail investors see, damn, just sold out and it skyrocketed, in a loss of control they will again cut their losses in the secondary market, going back to the chain...
And so a few rounds go by
Retail investors are left holding coins
The big players are left holding USDT
The bull market ends

Just a couple of days ago, it was mentioned that the strong country might relax some restrictions, such as on mining, and now there's news about it, which can be considered very positive news.

No worries, read a book
"The Self-Cultivation of Chives"
This book is a pamphlet written by Li Xiaolai in 2018, aimed at sharing his understanding and experience of the investment market to help readers avoid common mistakes in trading. However, to break free from the trend of losing money, it is better to first get rid of the inherent six characteristics of chives before discussing making money.

If you haven't made money yet, please don't worry. The real outbreak of the altcoin will be after BTC breaks through 100,000.

When BTC breaks through 100,000 and starts to go sideways, the public chain will take over and pull the price, and then thousands of coins will fly together, chasing each other. The market for secondary retail investors to make a fortune has not come yet? I know that most people will not buy BTC, and BTC's pull has nothing to do with retail investors.

The altcoin season is coming soon, set a special attention to me $BTC $ETH $DOT

The value of this chart is still increasing. I fucking think Bitcoin could reach one hundred thousand tomorrow, what should I do.

Leaked the secret of heaven, has everyone benefited?$DOT

Forecast: DOT Shark Pattern, Bullish to around 5.15. $DOT

In a cryptocurrency bull market, altcoin season typically goes through the following four stages:

1. Bitcoin Stage: Funds first flow into Bitcoin $BTC, driving its price to new highs, and market sentiment begins to heat up.

2. Quality Large Cap Stage: Subsequently, funds move towards quality large market cap coins like Ethereum ETH, SOL, etc., driving their prices up and further confirming bullish market sentiment.

3. Strong Altcoin Stage: Next, funds enter strong altcoins such as YGG, NEAR, FTM, and INJ, which perform exceptionally well with significant price increases. Positive news frequently emerges, while negative news is ignored or even interpreted as positive.

4. Small and Medium Cap Altcoin Stage: Finally, funds flow into small and medium cap altcoins, including SHIB, DOGE, PEPE, BONK, etc., and the market enters a state of complete frenzy, where buying guarantees profit. Candlestick patterns grow larger, prices ignore fundamental technical rules, all indicators become distorted, and analysts draw increasingly outrageous prediction arrows.

5. Closing Stage: Bitcoin undergoes high-level consolidation, volatility decreases, and some coins start stagnating or experiencing significant corrections. Meanwhile, very small market cap altcoins may show rapid doubling with bullish candles, capturing the attention of new retail investors. This signals that the bull market is about to close, yet most people remain standing in the center of the stage, unwilling to accept the end of the show.

The wealth code for 2025, please remember to forward and collect it (MD the picture is a bit blurry)

I didn’t expect that the advice I gave four years ago would be useful again this year! 🤩

Trump should be stable

Musk made three widely discussed political statements in just one hour.
First, he mentioned that Harris is not at risk of assassination because she is merely a manipulated figure in politics and does not possess the value of being a target.
Next, Musk accused billionaires like Bill Gates and Reid Hoffman of fearing a Trump reelection because they worry that Trump might expose the list related to the Epstein case, implying that some of these people's supporters might include Epstein's clients.
Finally, Musk stated that he believes Trump is nearly impossible to lose the election, but if he does indeed lose, he foresees that Democrats will take retaliatory actions against Trump and his supporters, which is why he is strengthening personal and Trump’s security measures to prevent any accidents.

Since we have chosen altcoins or shanzhai coins, we should not envy the rise of Bitcoin, so from now on there is no other way but to hold our coins.

In fact, the main upward trends of altcoins and shanzhai coins are essentially the end of the Bitcoin market, and this has happened multiple times.
We often joke that when Bitcoin rises, my coins do not increase, but when Bitcoin falls, my coins definitely follow.
The reason there is no narrative is that there has been no rise; once it starts, the narrative will come flooding in. In short, when others are fearful, I am greedy. Keep it up, brothers.

The trends of ETH and altcoins completely align with the monetary policy cycle, peaking just before and after the cessation of interest rate hikes, with the process of rate cuts continuing to pull back until quantitative easing is realized, with prices entirely dependent on net liquidity.

BTC has already positioned itself between cryptocurrencies and stocks, possessing fundamental value, not entirely reliant on liquidity. The adjustment time is postponed, and it will display a trend unprecedented in history. Those who are still fixated on halving dates and election dates are destined to be disappointed.

The virtual currency market once again faces a "bloodbath", with over 90,000 liquidations! Why is it dropping? Are there any negative news?

The virtual currency market is once again facing a "bloodbath". In the past 24 hours, Bitcoin has dropped nearly $3,400, a decline of over 4%, with the price falling from $72,600 to $69,200; other virtual currencies have also followed suit, with Ethereum down over 6%, Dogecoin down over 7%, BNB down over 3%, Solana down nearly 5%, and Cardano down over 5%.

According to Coinglass data, more than 90,000 people were liquidated in the virtual currency market in the past 24 hours, with a liquidation amount of $275 million, of which $246 million was from long positions and $28.34 million from short positions.

Why is it dropping? Are there any negative news?

This pullback is mainly due to the uncertainty of the U.S. presidential election.

According to the latest polls, Harris's approval rating has begun to outpace Trump’s, causing some concern in the market about Trump potentially losing.

Additionally, recent earnings reports from tech stocks have not performed well, and the U.S. core PCE data is also unsatisfactory, all of which have impacted market sentiment and confidence.

According to the latest CNN poll, Harris has a slight lead over Trump nationwide. Trump’s advantage in some key swing states has been partially reversed.

This may also be one of the reasons for the sharp decline of Trump’s tech group (DJT) and the stock market pullback, as the market had previously over-priced the bull market following Trump's potential election.

Yesterday, Trump congratulated all Bitcoin enthusiasts on the 16th anniversary of the Bitcoin whitepaper on Twitter.

He also stated that he would end Harris’s "war" on cryptocurrencies and promised to manufacture Bitcoin in the U.S. Lastly, he called for everyone to vote for him.

It is worth noting that yesterday, Moody's Analytics predicted that Harris has a 55.5% chance of winning the election.

There are 4 days left until the U.S. election, and tonight the non-farm payroll data will be released, likely causing significant market fluctuations. Ethereum is weak, and altcoins are even worse! Be patient! I believe that the market for Ethereum and altcoins will come!

I saw a post from a big V:

"A friend in the group told me that even if you short from 69,000 to 15,000, you still can't make as much as I did from more than 15,000 to 30,000.

I asked why, and he said that from 69,000 to 15,000, you made 78%, while from more than 15,000 to 30,000, I made 100%.

I thought he insulted my IQ, so I kicked him out."

Look who is the TM idiot