Some people say, can you talk about the essential differences between trading cryptocurrencies and stocks?

Both are trading; what's the difference?

Trading cryptocurrencies involves trading spot assets, while trading stocks involves buying the future value of a company.

The essence of making money is a process of wealth distribution through understanding social rules and utilizing resources.

Making money

is a reward for reasonably applying or opposing social rules.

Reasonable application aligns with mainstream social values.

Conversely, opposing involves high risks and high returns, does not conform to mainstream social values and the existing rule system, yet captures human needs and weaknesses.

The current speculation on digital currencies is an act of opposing mainstream values and the existing social system and rules; therefore, at its core, it speculates on social conditions—the more chaotic, the higher the value. The development of the social situation is unpredictable; when the value of a coin is excessively high, trading cryptocurrencies becomes a form of speculation and gaming, redistributing wealth through this market, which is very difficult and highly random. Value investment theory does not apply, and there are too many traps related to technical analysis.

The stock market also has phenomena that oppose social rules; however, generally speaking, if it meets the demands of social development and has policy support, trading stocks can yield profits in an upward market trend.

Remember, whether it's value investing or technical analysis, stocks truly profit from trends.

Not speculation, unlike trading cryptocurrencies, which bets on great uncertainty and so-called XX consensus.