The story of the early days of A-shares in the book "Flowering Flowers" tells the story of the early days of A-shares. In fact, most financial markets are similar. At that time, the interest rate of government bonds was about 15%, and the interest rate of private lending was more than 100%. Because stocks and business are so profitable, a large number of people will borrow money to go long.
In the big bear market in 2018, BTC had a funding fee of more than 100%. This shows that the big funds in the currency circle are too small, and most of them are gamblers. In 2021, it was almost more than 50% throughout the year.
Now if you deliver the contract again, BTC has only fallen by 10%, and there is only less than 10% of the funding fee left. This market is mature.
Although I hate the anxiety and torture that blockchain brings to me, in fact, we are already very lucky to speculate in coins.
Countless people are working hard like us but can't make a few taels of silver. Yes, the market has been very bad recently, but after getting through this period, we will continue to be lucky
