Let me talk about my personal views on A-shares and the cryptocurrency circle these days.
A-shares have risen sharply to more than 3,080 points in the past few days.
Does this scene seem familiar to the old people in the cryptocurrency circle?
Yes, Luna was operated in this way back then.
At that time, Luna used the money pledged in its own currency to pull the market.
A-shares are now: shareholders are allowed to pledge their own stocks to banks, and then borrow money to pull stocks.
There is no difference between the two in essence. Both are classic left foot stepping on right foot, and it seems that they can continue to rise.
But I believe everyone knows the result of Luna. This kind of operation is impossible to last. When it really explodes, you have no time to think, and you can't even run away.
Do you have to ask how long A-shares can last? I will use the original words of the person who came up with this idea (YouTube Da Lao Wang): It's hard to stick to it for a week.
In my opinion, the difference between the two is that the number of people and families affected by Luna is definitely far less than that of A-shares. Alas... after this wave of unanchored money printing, the price of daily necessities will soar, and it will affect everyone of you and me
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I have another thought later, that is, the rise of A-shares is actually good for the currency circle.
Because there are so many leeks and so much money, either you cut it or I cut it, and there are many Chinese people in the currency circle.
So since it has reached the main wave stage, I must follow your rise, otherwise if you cut all the money, who will I cut?
This is just a little personal thought and does not constitute any investment advice. I wish you all good fortune
