LIVE不死鳥dk
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The appreciation of the RMB has led to a sharp correction in the exchange rate of USDT against CNY. It is best not to hold a large amount of USDT now.
If you come to the cryptocurrency circle to earn RMB, it is best not to hold a large amount of USDT, because the USDT exchange rate against RMB will fall more sharply next year and the year after. Next year, the RMB exchange rate against the US dollar will definitely return to below 7. With the continuous interest rate cuts by the Federal Reserve, after it drops to 1.0 (the latest Federal Reserve interest rate is 5.5), the RMB exchange rate against the US dollar will most likely return to below 6.8. If you come to the cryptocurrency circle with a dollar standard, continue to hold usdt. If you are a RMB standard, you can exchange USDT for BTC, ETH, BNB... or RMB. However, I am an exception. I am neither a USDT standard nor a CNY standard. I am a BTC standard, so I will not keep USDT in my hands.
This Bitcoin bull market cycle just overlaps with the Fed's interest rate cut cycle. The Fed's interest rate cut is expected to start in September and November, and will reach the lowest point by the end of 2024 or the beginning of 2025, which coincides with the bull market high point of Bitcoin in this cycle. Therefore, Bitcoin is promoted by the Fed's interest rate cut and monetary easing policies. Bitcoin will definitely fly higher in this cycle.
All opinions are personal and do not constitute any investment advice
If you come to the cryptocurrency circle to earn RMB, it is best not to hold a large amount of USDT, because the USDT exchange rate against RMB will fall more sharply next year and the year after. Next year, the RMB exchange rate against the US dollar will definitely return to below 7. With the continuous interest rate cuts by the Federal Reserve, after it drops to 1.0 (the latest Federal Reserve interest rate is 5.5), the RMB exchange rate against the US dollar will most likely return to below 6.8. If you come to the cryptocurrency circle with a dollar standard, continue to hold usdt. If you are a RMB standard, you can exchange USDT for BTC, ETH, BNB... or RMB. However, I am an exception. I am neither a USDT standard nor a CNY standard. I am a BTC standard, so I will not keep USDT in my hands.
This Bitcoin bull market cycle just overlaps with the Fed's interest rate cut cycle. The Fed's interest rate cut is expected to start in September and November, and will reach the lowest point by the end of 2024 or the beginning of 2025, which coincides with the bull market high point of Bitcoin in this cycle. Therefore, Bitcoin is promoted by the Fed's interest rate cut and monetary easing policies. Bitcoin will definitely fly higher in this cycle.
All opinions are personal and do not constitute any investment advice
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$BTC The Hong Kong ETF is equivalent to China having more control. Hong Kong will be used as a pilot first because the Hong Kong dollar is relatively stable when exchanged against the US dollar. In this way, the US control will be reduced, and the pie will not be completely controlled by the US empire.
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Satoshi is the world's No. 1 free airdrop platform. As long as you participate in the airdrop project, you can continue to receive airdrops.
Portal:
https://www.b t c s.fan/invite/94uck To remove the keyword blocking, a space is added in the middle of btcs, please remove it before opening)
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