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美国5月核心PCE物价指数年率增幅创2021年3月以来新低
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Gate platform withdrawal issues attract attention Recently, the withdrawal issues of Gate digital currency trading platform have become the focus of users' attention. Many users reported that they encountered unreasonable obstruction from the platform when trying to withdraw cash, and were even refused withdrawals for various false reasons. What is more worrying is that some users pointed out that the Gate platform is suspected of using user funds for malicious dumping. When the price of digital currency is high, users' withdrawals are blocked, and the platform sells these funds on other exchanges, causing the price to fall. When the price is low, the user funds will be released, causing users to suffer losses without knowing it. This behavior not only harms the interests of users, but also undermines the fairness and transparency of the market. We call on users to be vigilant, choose reputable trading platforms, and strengthen their awareness of self-protection. At the same time, we also call on relevant departments to strengthen supervision to ensure the healthy development of the digital currency market. #MegadropLista #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #Mt.Gox将启动偿还计划 #币安合约锦标赛
Gate platform withdrawal issues attract attention

Recently, the withdrawal issues of Gate digital currency trading platform have become the focus of users' attention. Many users reported that they encountered unreasonable obstruction from the platform when trying to withdraw cash, and were even refused withdrawals for various false reasons.

What is more worrying is that some users pointed out that the Gate platform is suspected of using user funds for malicious dumping. When the price of digital currency is high, users' withdrawals are blocked, and the platform sells these funds on other exchanges, causing the price to fall. When the price is low, the user funds will be released, causing users to suffer losses without knowing it.

This behavior not only harms the interests of users, but also undermines the fairness and transparency of the market. We call on users to be vigilant, choose reputable trading platforms, and strengthen their awareness of self-protection. At the same time, we also call on relevant departments to strengthen supervision to ensure the healthy development of the digital currency market.
#MegadropLista #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #Mt.Gox将启动偿还计划 #币安合约锦标赛
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Storm coming? US election risks affect the marketAs we head into the final period of this week, what do we need to know? The PCE data was in line with expectations, so it didn't have much of an impact. The first debate of the US election dominated the headlines today, and it was a disaster for Biden, and the Democrats are even considering replacing Biden. We need to understand the potential impact of this on the market. On the one hand, if the Democratic Party has a new candidate, it means that there are new players in the game, which will definitely affect the market. On the other hand, as for Comrade Trump, his chances of winning have greatly increased at present, but he has put forward some policy views that have a huge impact on the market, such as depriving the Federal Reserve of its independence and imposing a 10% tariff on all goods entering the United States, which will lead to inflation. So today in the Asian and European sessions, we saw the market trying to understand these impacts and consequences, and I think the market may need some time because this will have a huge impact on the US dollar and US bonds, and thus on gold. This will be an important theme for the market in the coming months.

Storm coming? US election risks affect the market

As we head into the final period of this week, what do we need to know?

The PCE data was in line with expectations, so it didn't have much of an impact. The first debate of the US election dominated the headlines today, and it was a disaster for Biden, and the Democrats are even considering replacing Biden. We need to understand the potential impact of this on the market. On the one hand, if the Democratic Party has a new candidate, it means that there are new players in the game, which will definitely affect the market. On the other hand, as for Comrade Trump, his chances of winning have greatly increased at present, but he has put forward some policy views that have a huge impact on the market, such as depriving the Federal Reserve of its independence and imposing a 10% tariff on all goods entering the United States, which will lead to inflation. So today in the Asian and European sessions, we saw the market trying to understand these impacts and consequences, and I think the market may need some time because this will have a huge impact on the US dollar and US bonds, and thus on gold. This will be an important theme for the market in the coming months.
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#比特币采用 If the price of Bitcoin does not move for 6 years, can we hold it? In the interview, Gelong mentioned Lin Yuan's experience: In 2007, the closing price of Moutai stock was 199 yuan, and the net profit of that year was 2.8 billion yuan. In 2013, the closing price of Moutai stock was 113 yuan, and the net profit of that year was 15.1 billion yuan. In these 6 years, Moutai's net profit increased by more than 4 times, but its stock price fell instead of rising according to the annual closing price. In this regard, Gelong asked Lin Yuan, how did he survive these 6 years? How did he insist on holding Moutai and not selling it? Lin Yuan answered very straightforwardly, saying that for him, it was not a matter of enduring. If we count from the earliest purchase of Bitcoin and Ethereum to now, the price when I bought them was much lower than their current prices. But in this process, I really can't help but "suffer", because although I know that the long-term trend of Bitcoin and Ethereum prices is definitely bullish, when I think the prices of Bitcoin and Ethereum (in the late bull market) are "too high", I still can't help but sell - that is what I often call bull market fixed selling. Although I often talk about bull market fixed selling, I have also practiced this strategy in the past cycle and fortunately bet on the treasure every time. But in fact, I am walking on thin ice in my heart, because I am really not so sure whether I can still sell at the right position next time. #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #以太坊ETF批准预期
#比特币采用
If the price of Bitcoin does not move for 6 years, can we hold it?
In the interview, Gelong mentioned Lin Yuan's experience:
In 2007, the closing price of Moutai stock was 199 yuan, and the net profit of that year was 2.8 billion yuan. In 2013, the closing price of Moutai stock was 113 yuan, and the net profit of that year was 15.1 billion yuan.
In these 6 years, Moutai's net profit increased by more than 4 times, but its stock price fell instead of rising according to the annual closing price.
In this regard, Gelong asked Lin Yuan, how did he survive these 6 years? How did he insist on holding Moutai and not selling it?
Lin Yuan answered very straightforwardly, saying that for him, it was not a matter of enduring.
If we count from the earliest purchase of Bitcoin and Ethereum to now, the price when I bought them was much lower than their current prices.
But in this process, I really can't help but "suffer", because although I know that the long-term trend of Bitcoin and Ethereum prices is definitely bullish, when I think the prices of Bitcoin and Ethereum (in the late bull market) are "too high", I still can't help but sell - that is what I often call bull market fixed selling.
Although I often talk about bull market fixed selling, I have also practiced this strategy in the past cycle and fortunately bet on the treasure every time. But in fact, I am walking on thin ice in my heart, because I am really not so sure whether I can still sell at the right position next time.
#美国5月核心PCE物价指数年率增幅创2021年3月以来新低
#以太坊ETF批准预期
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