Will the rise and fall of the currency circle really scare people to death?

Give a simple example.
What if you could buy a house with virtual currency.
One day in February this year, you came to the sales department to inquire about buying a house.
The lady in the sales department asks you.
[Brother, do you want to buy a house? It has three bedrooms, two living rooms and two bathrooms, a large balcony, floor-to-ceiling windows, a low floor, and an unparalleled view. It usually costs 20,000 square meters per square meter. You are so lucky to have come today! Give you a 10% discount! 】
You took out a cigarette, held it in your mouth, and glanced at the real estate model.
[Hello, sir, smoking is not allowed in the sales department. 】
A man who looked like a male manager came over and stopped you.
You looked at him deeply and then put away your cigarette.
[How much does the most expensive and best house here cost? Can I pay with LUNA coins? 】
Hearing about LUNA coin, this is the latest star in the currency circle! The future growth will definitely be strong! Unexpectedly, this ordinary man turned out to be the LUNA boss in the expensive industry!
[Come on, brother, let me light a cigarette for you! You said the most expensive room, right? You have found the right large villa in our real estate! No matter the location or lighting, it is the best in the city, you are guaranteed to be satisfied! 】
The sales manager's eyes gleamed.
[Okay, how many LUNA coins? 】
[Brother Buduo, the current price of LUNA coins is 100 US dollars. With 20,000 LUNA, you will be the owner of this big villa! 】
【good! Transfer money and sign the contract! 】
You take out your phone and open the TP wallet.
The female salesperson suddenly came over in a panic and whispered something into the male manager's ear.
The male manager's expression changed drastically. He kept coming back and forth, and when he came back again, he had already stopped you from smoking.
[I'm sorry, brother, can you wait a moment? LUNA is a bit volatile right now, but I believe it’s not a big problem! 】
You have no choice but to calm down and be patient.
After all, you only have LUNA coins. I can only wait until it stabilizes before buying.
You wait and wait, and finally the male manager comes.
He asked you with a bad look on his face.
[Sir, how many LUNA coins do you have? 】
You answered 50,000 pieces.
[Sorry sir, your assets are no longer enough to buy the big villa just now]
[Then give me a cheaper one]
【No way】
【No way? Then recommend a house to me, I want it today anyway]
[Sorry sir, based on your current balance, you can only pay for one floor tile under your feet]
[Oh no, you can't even afford floor tiles now, dear, turn left when you go out. ]
#LUNA #币圈生存 #币圈起伏落袋为安

Three years to enter the industry, five years to understand the industry, and ten years to become the king. Trading is not about getting rich overnight, but reasonable profits, which can be long-term, stable, sustainable, and high-probability, so that you can continuously obtain wealth. Professionalism creates value, and details determine success or failure.
I am Caishen, a veteran in the currency circle, and I only tell the truth. If you are interested in the currency circle and want to get started quickly but feel confused, please follow me and contact me through the homepage. I will provide you with real and valuable advice to help you move forward steadily. Explore, grow, and create brilliance in the currency circle together!

I have made a lot of money in the currency circle. If I withdraw cash, will the bank ask about the source of the money?

Whether you are new to the currency circle or an old person, there are many confusions about withdrawing money. Newcomers are afraid of not being able to withdraw money, and old people are afraid of encountering dirty money.
If the newcomer only trades small amounts, there is no need to worry about this. After all, the domestic OTC market is a point-to-point (C2C) transaction. Some people want to buy and some want to sell, so there will always be a C2C transaction method. At present, the C2C trading markets of Binance and Ouyiokx are still stable. If you find merchants with high reputation and are not greedy for petty profits, you can use them with peace of mind.
The following focuses on the issue that senior people in the currency circle are worried about, namely the freezing of withdrawal bank cards, that is, the worry of receiving black money.
The following article is long, but it is full of practical information. You can consult me ​​for specific cases.
Table of contents
1 What is black money
2 Characteristics of black money
3 How to deal with black money issues when cashing out
4. What to do if your bank card is frozen?
5 advanced ideas
6 Summary:
what is black money
If the buying price in the c2c trading market is lower than the selling price.
Theoretically, you can buy 1,000 usdt at a price of 6.34 and sell 1,000 usdt at a price of 6.38, making a net profit of 0.04*1000=40 knives=280 yuan. You can make arbitrage in a continuous cycle.
But the market is not a fool, and the profit margin has been smoothed out long ago.
The reason for this is that the merchant who uses legal currency to buy USDT (i.e., 6.38) has black money in it, so he is willing to buy USDT at a cost higher than the market price to get rid of the black money in his hand, and you become a money launderer. helper.
In 2018 and before, the C2C market was relatively normal. Later, all kinds of black money such as telecommunications fraud were trying to go through the C2C market in the currency circle. The GA, which traces black money, is now more strict about this area. When encountering cards through which black money flows, they will freeze them to cooperate with the investigation.
Characteristics of black money
Very much like an infectious disease. It is highly contagious and latent and cannot be seen on the surface. So it brings two characteristics:
1. As long as this card receives black money, it will be infected and may be frozen. If this card is transferred to any card, it will infect new cards.
2. You don’t know which card or money is problematic before it’s frozen. You won’t know until it’s frozen, so it’s somewhat hard to prevent.
How to deal with black money issues when withdrawing money
1. When withdrawing cash, look for merchants with large transaction volume, long registration time, and normal prices (the selling price is lower than the market buying price). Don’t be greedy for small gains:
Generally, if the transaction volume is more than 2,000, if the registration time is more than one year, the price is lower than the purchase price. However, the transaction volume is small, and within one month of registration, almost all of the top few prices have problems.
2. Use empty cards that are not commonly used to collect money. The amount on a single card should not be too large. Each card should only trade with one merchant as much as possible. The credit card should be isolated for 1-3 months and transferred to the main card after it is not frozen. Because we don’t know which merchant has the problem, it’s purely a probability, so we need to reduce the loss caused by being frozen. With this method of isolating first, even if one is frozen, it won't be a big problem. It will be dealt with later.
What to do if your bank card is frozen:
The first step is to go to the bank account opening branch to unfreeze the card as soon as possible (if possible, you must go to the account opening bank branch, other branches may not be able to solve the problem) because the card is likely to be involved in the case, and you can check the situation and involvement in the case by going to the account opening bank Contact information for local police.

The second step is to contact the police involved in the case in another place and provide evidence to prove that you have not participated in illegal activities. At this time, the off-site GA will ask you to bring relevant evidence (including but not limited to bank statements, chat records, purchase receipts, customer transfer receipts, etc.) to make notes.

In the third step, after GA collects the information, it will be handed over to the anti-fraud center of the account opening bank. At this time, you have to go to the FZ center of the account opening bank to make notes again. FZ's service efficiency is generally relatively high, and it will take a few days to pass the review. You need to go back to the bank where you opened your account to reconfirm the operation of removing the list.
At this point, has the problem been solved? The reality is that this may not be the case.
GA has put you on the first-level blacklist of accounts involved in the case. This record can be seen not only in the account-opening bank, but also in the entire PBOC system. If the account-opening bank is not enough to lift the restrictions for you, other banks will still reject you.

Step 4: Contact the remote GA again and explain the situation. If you cooperate in providing information, GA will hand over the materials to the Municipal People's Bank of China, which will release the control. If the city bank has agreed to lift the control and you still can't use the card, go to the FZ center. Maybe FZ didn't handle it in time.

Step five, this step is also critical. Just because the card is unfrozen and can be used normally does not mean that you can rest easy. At this time, you have to go back to the bank where you opened your account and ask them to completely remove the records from the list involved.This will ensure that no trace of your involvement in the case and risk control can be found within the bank or in the credit report. It will no longer affect future business such as credit cards, loans, mortgages, cars and houses.
Advanced ideas:
1. If you have a lot of money and need US dollars, you can open an account at the US dollar exchange Kraken, withdraw usdt and cash it into usd, and then withdraw the money to your US dollar card.
2. It is okay for some people to immediately pay off credit cards/loans, buy financial products, or enter the stock market after receiving the money. Generally, the probability of freezing is lower.
3. It is better to use a bank card. Alipay and WeChat cannot reduce the probability of being frozen.

Summarize:
As long as you operate it properly and don't take advantage of small things, the probability of encountering black money will be greatly reduced. #币圈生存 #币圈起伏落袋为安 #BTC

It takes three years to enter the industry, five years to master it, and ten years to become the king. Trading is not about getting rich in one go, but about making reasonable profits that can be long-term, stable, sustainable, and highly probable, so that you can continuously obtain wealth. Professionalism creates value and details determine success or failure.
I am the God of Wealth, a veteran in the currency industry, and I only tell the truth. If you are interested in the currency circle and want to get started quickly but feel confused, please follow me and contact me through the homepage. I will provide you with real, valuable advice to help you move forward steadily. Let’s explore, grow and create brilliance in the currency circle together!

Why do so many people love to play with cryptocurrency?

Half a year after joining this circle, a friend made more than 20,000 by speculating in B. His uncle knew about it and insisted on investing. In the second half of 2022, the price plummeted, and the contract was liquidated at 125 times. His brother-in-law made 650,000 in circle B. After the liquidation, his wife He ran away, the house was gone, the child cried for his mother every day, and his brother-in-law's hair turned white in a month. I was so worried that I smoked 15 packs of cigarettes a day (the kind that costs 5 yuan)... Now my friend's mother also sold her house to her uncle to pay back the loan, and she still owed 3 million, and the two families were completely ruined! His previous wealthy family returned to 20 years ago in an instant... His money was made by the people who won money in this circle! #币圈起伏落袋为安 #加密货币

It takes three years to enter the industry, five years to master it, and ten years to become the king. Trading is not about getting rich in one go, but about making reasonable profits that can be long-term, stable, sustainable, and highly probable, so that you can continuously obtain wealth. Professionalism creates value and details determine success or failure.
I am the God of Wealth, a veteran in the currency industry, and I only tell the truth. If you are interested in the currency circle and want to get started quickly but feel confused, please follow me and contact me through the homepage. I will provide you with real, valuable advice to help you move forward steadily. Let’s explore, grow and create brilliance in the currency circle together!