There is nothing to talk about the second layer of Bitcoin, it is all Chinese.
Risks and benefits coexist, and Chinese traders are very frightening. I have also counted that every time the Chinese traders are inserted, they will always insert 20% to 30% more than foreigners' coins. It is also very common for Chinese traders to be cut tenfold when the second layer is opened, and the price drops to a level you dare not even imagine. It is even more unnecessary to support under the banner of patriotism and love for the group. Seeing some KOLs stand on the Chinese side, there is no need.
For projects incubated by Chinese institutions alone, try to wait for them to fall before entering. Normally, they do not do market value management in the later stage. Of course, it does not mean that the group is bad, but the group likes to give everyone a bargain.
The most confusing thing is that these people do not follow the market at all. For example, if Bitcoin is rising, hard rubbing can also be regarded as an ecosystem. Bitcoin second layer and inscriptions rise for five minutes and they will insert a needle and set you a hand. Can you bear this?
A group of people who don't do market value management, don't follow the market, and have a depth of 90%+ washouts, a bit like Stephen Chow's nonsensical movies. Let's name this group of people nonsensical finance, just like babydoge. I have a friend who knows a coin that loses dozens of times first and then doubles. It doesn't make sense~
The reason is that from top to bottom, the basic view of the people who can be contacted is that the car is heavy, and it needs to be washed out violently, and it needs to be cut in half violently. A drop of 80-90% is a small problem.
Opening the daily line can basically distinguish which are Asian market coins and which are US market coins. It's so outrageous. Bitcoin's second layer is worth investing, but it requires a strong mentality.
Don't open leverage if you take national market coins. Although some big Vs are leading national market contracts, they will make unlimited margin to wash you away. Every time they lose, they will apologize and a group of fools will follow. Even if they fatten you up in the early stage, they will kill you a lot. I have seen many big Vs who apologize every now and then. It's boring.
Big Vs who bring fans to do dog dealers and long-term counterparts are basically unacceptable.