A-shares have been so popular recently that even the veterans in the cryptocurrency industry are eager to try their luck. Do you want to switch jobs and try the waters? But don't worry, let me, who has experienced the bull market in 2007 and 2015 and has drifted from A-shares to the cryptocurrency industry, tell you about the differences between the two markets.
First of all, there is a big difference in time. A-shares have only 4 hours of trading time a day, and they have to rest for two days on weekends. In the cryptocurrency industry, it is 24 hours a day, seven days a week, and you can buy and sell at any time.
Let's talk about the rise and fall. A-shares have restrictions. The main board can rise and fall by a maximum of 10%, the GEM and the Science and Technology Innovation Board can rise and fall by 20%, the Beijing Stock Exchange can rise and fall by 30%, and the ST board can rise and fall by 5%. Moreover, you have to wait until the next day to sell after buying. The cryptocurrency industry does not have these rules. It is free to rise and fall, and you can sell it immediately after buying.
The user groups are also different. A-shares are mainly played by domestic friends, and it is a bit difficult for outsiders to get in. The cryptocurrency industry is a global game. Although the scale is not large, the vision is international.
Speaking of risks, A-shares are backed by real enterprises and have protection mechanisms, so it is unlikely to lose all at once. As for the cryptocurrency market, it may return to zero one day, and the platform may run away at any time.
So, friends who want to enter the A-share market should think twice before acting. This market is like boiling a frog in warm water. By the time you react, you may have lost a lot.
After the recent big drop, SUI, APT, DOGE, WIF, FET, AAVE, BNX should enter the market to ambush, otherwise you will miss this wave of bull market!
