After more than a year of continuous skyrocketing, Bitcoin has reached $65,000. Bulls have become rich, earning dozens, hundreds, or even thousands of times.
People from outside the area want to break into this circle, and your relatives and friends are also chasing you to ask how to buy coins.
On May 18, 2021, the central bank issued a document and the three major associations in the financial industry spoke out:
Providing virtual currency trading services is suspected of engaging in illegal financial activities!
The market was relatively stable that day and even rose slightly. Until May 19, many people believed that this kind of thing had happened before and that a slight decline was normal. By the afternoon of that day, Bitcoin had fallen by $4,000. I couldn't hold back my excitement and even started to go long at the bottom.
Because I had a meeting that night, I was afraid of being liquidated, so I used all my money as a deposit. Because of this bull market, I made a lot of money and I was so confident in myself. I think having so much margin is definitely not a problem.
Until the end of the meeting, I opened the trading software and found that there was no money in it. I thought it was a display error at first, until I saw that deep needle, a needle that was almost half in size!
For ordinary players, even in a bull market, only a few can cash out their chips. Most people will buy at the high, dream of the next high, and get stuck for years.
Many people come to the currency circle with full confidence, treating the currency circle as a paradise, and looking forward to getting rich overnight. Little do they know that there is only a thin line between heaven and hell, and only a few lucky people can go to heaven.
