Essential guide for safe withdrawals in the crypto world 🔥🔥🔥
Assuming you earned 10U, and are starting to consider how to withdraw safely, what should you do? 1. Withdraw in Hong Kong: Make a personal trip to Hong Kong to exchange currency • Precautions: Avoid carrying too much U at once; it’s safer to withdraw in batches. • The withdrawal shops in Hong Kong are usually unofficial, so stay vigilant to prevent encountering shops that might run away with your money. 2. Obtain an overseas bank card: • You can transfer U from Binance to Kraken, then exchange it for USD and withdraw it to accounts like ZhongAn Bank. This method requires you to obtain an overseas bank card in advance and is generally more secure. 3. Binance C2C withdrawals: • Choose an exchange: Try to choose Binance and avoid platforms like Euro某, as they have a higher risk of dirty money. • Merchant verification: Choose merchants who have been registered for at least 2 years, and the more transactions they have, the better. • Transaction frequency: A moderate number of transactions in the last 30 days is ideal; too many may indicate frequent trading, which is riskier. • Real-name transactions: Try to complete transactions within the exchange to avoid using opaque channels like offline cash transactions or Telegram.
Some people have been scammed out of U during offline transactions, and some have even had their RMB stolen. In real cases, some have been sentenced for robbery, while the other party was also a victim.
Recently, I have been looking for potential meme coins; does anyone have any recommendations? I have currently invested in a token named Marvin, which I found out is connected to Musk and is his longest-standing dog, hoping for a hundredfold return!
🔥Next month Trump will take office, and these 5 coins may experience a surge. Let's seize this opportunity with great potential together! 1. $DOGE (Dogecoin) Current price is $0.43. With Trump's ascension, Dogecoin may experience explosive growth. Musk has always favored Dogecoin, and even the abbreviation of the new government department might become 'D.O.G.E'. Dogecoin has strong liquidity, high trading volume, and relatively stable trends, and it is expected to see a significant increase next month. 2. $PNUT (Squirrel Coin) Squirrel Coin experienced a 400% surge over two days during Trump's election campaign. The current price is $1.38, with low volatility, making it a good entry point. With Trump in office, the popularity of Squirrel Coin may explode again, and long-term investors can buy on dips and wait for a second surge. 3. $PEPE $PEPE is not just a trendy coin; it also has enormous potential in DeFi projects and NFT platforms, with a future appreciation of 10 times not being a problem. Although now is not the best time to buy, it is worth continuous attention. Once the timing is right, there could be explosive growth. 4. $XRP (Ripple) $XRP received donations during Trump's campaign, and after Trump was elected, its price rose to $2.9, setting a three-year high. $XRP focuses on payment functions, and if Trump uses it as a cryptocurrency payment method after taking office, its price is expected to rise significantly, holding great potential. 5. Marvin (Ethereum Chain Potential Coin) As a potential coin on the Ethereum chain, Marvin may appreciate by 30% in the short term. Additionally, there are other potential coins that may surge 50-100 times before the end of the year, and investors can continue to monitor these emerging projects.
Bonus: As the dog most mentioned by Musk, Marvin is likely to become a potential Meme coin. If market sentiment rises further, small funds tentatively investing in such projects may also bring unexpected surprises!
🔥 Binance makes a big move! ACX and ORCA are on fire!
Binance has once again made a significant operation, this time launching two new coins — the USDT spot trading pairs for ACX and ORCA, quickly sparking market discussions.
Highlights of ACX & ORCA: • ACX: Focused on cross-chain interoperability, built on Ethereum, it serves as a bridge connecting different blockchain ecosystems. • ORCA: A decentralized trading platform based on the Solana network, dedicated to the revolution of decentralized trading.
Once these two projects were launched, the prices skyrocketed like a rocket, and the market response was enthusiastic: • ACX: The price quickly doubled, currently stabilizing around $1.2. Trading volume surged, becoming the market focus. Notably, an investor sold 2.4 million ACX when it broke $1, earning $25.6 million overnight. • ORCA: The price increased by 95% in one day, now priced at $7.13, with trading volume also soaring, attracting a lot of investor attention.
At the same time, there are mixed feelings: • Delisting announcement: Binance also announced the delisting of MAVIA, OMG, and BOND's USD margin perpetual contracts, causing some concerns among holders of these tokens, who worry that prices may be affected.
In summary, Binance's actions have undoubtedly ignited market enthusiasm but also brought corresponding risks and uncertainties. For investors, there are both opportunities and risks, and future trends need further observation.
Finally, to thank everyone for their support, I have specially selected a high-quality coin that is expected to double or triple in the short term and have 5-10 times potential in the long term! Leave a comment + like, and I will share it for free! #Marvin #Marvin7055 #Meme齐涨 #美财政部称BTC“数字黄金” #BTC能站稳10W吗? $BTC $ACX $ORCA
The U.S. government recently transferred 54.89 billion SHIB from FTX/Alameda accounts, equivalent to 1.55 million USD, triggering significant market volatility! The specifics are as follows:
1️⃣ Operation Details: The U.S. government moved these SHIB from the FTX/Alameda wallet to another wallet associated with SHIB, with a transaction fee of only 5.73 USD and very low gas fees, just 34.12 Gwei.
2️⃣ Market Reaction: • Possible Risks: If these SHIB are sold, the market price may be affected, leading to a short-term decline. • Reason for Transfer: The specific reason for the transfer is currently uncertain; it could be for repaying debts or asset restructuring. • Impact on Investors: If a large-scale sell-off occurs, the supply-demand relationship of SHIB may change, but many long-term SHIB holders remain confident.
3️⃣ Current SHIB Price: 0.00003153 USD, with an increase of 2.75%. Whether this event will lead to a new round of increase for SHIB or bring selling pressure remains unclear.
Community Reaction: • Some believe SHIB can make a comeback, seeing this as a new opportunity. • Other investors think it’s better to wait for further market stabilization before making decisions.
What will be our action strategy next? • Closely monitor wallet movements and market prices to see if the U.S. government plans to sell these SHIB or continue holding them, as this will directly impact SHIB's future trend!
Additionally, I plan to position for a potential coin that could skyrocket, with the potential for a double return being quite simple, with an expected upside of 10 times or more. Those who want to join in, please like and comment. #Marvin #Marvin7055 #Meme齐涨 #粉丝代币板块普涨 #美财政部称BTC“数字黄金” $PEPE $DOGE
🔥 In this round of the bull market, four low-priced cryptocurrencies may soar a hundredfold or thousandfold in the next two years! Join me in planning ahead!
Are you ready to catch the ride of high-return cryptocurrencies? The following four potential coins are expected to bring huge returns by 2025—don’t miss the early investment opportunity!
1️ VeChain (VET) • Highlights: VeChain innovates supply chains using blockchain technology, enhancing transparency and sustainability. • Soaring potential: Collaborations with major companies like Walmart and BMW are driving widespread blockchain applications in business, with growing market demand. • 2025 expectation: Large-scale enterprise adoption could drive explosive growth for VeChain.
2️ Hedera Hashgraph (HBAR) • Price: $0.05 - $0.09 • Highlights: Supported by Google and IBM, it is a super-fast and highly scalable alternative to blockchain. • Soaring potential: Its ultra-fast speed and scalability make it very suitable for enterprise use, addressing performance bottlenecks of traditional blockchains. • 2025 expectation: With large-scale blockchain applications, HBAR is expected to reach new heights.
3️ StormX (STMX) • Price: $0.02 - $0.04 • Highlights: StormX allows users to earn cryptocurrency cashback rewards through everyday spending, connecting consumers to blockchain. • Soaring potential: Collaborations with major retailers and the global increasing acceptance of cryptocurrency create a strong ecosystem. • 2025 expectation: As the user base grows and more partners join, StormX is expected to yield substantial returns.
4️ Alien Worlds (TLM) • Price: Less than $0.1 • Highlights: Combining DeFi, NFT, and gaming elements, TLM is a play-to-earn metaverse game. • Soaring potential: With the rise of the metaverse, TLM may attract significant attention from gamers and investors. • 2025 expectation: As the virtual economy develops, Alien Worlds could become a top competitor in the metaverse space.
Additionally, I have carefully selected a cryptocurrency expected to multiply 2-3 times in the short term and 5-10 times in the long term; leave a comment + like for a free share!
🔥 Six years of experience in the crypto world, a must-read for beginners!
As an old player who entered the crypto world in 2017, today I want to share some of my experiences and lessons, hoping to help beginners avoid pitfalls and take the wrong paths.
1. Choosing the right direction is more important than being busy without purpose.
Six years ago, if you had bought Bitcoin or Ethereum, your returns should have multiplied by a hundred times by now. Ethereum rose from $88 during the last bear market to a peak of $4800 in the bull market, an increase of over 60 times. Those who chose altcoins may have lost their principal and missed out on the opportunity to make big profits.
Lessons: • Bitcoin and Ethereum are the "big players" in the crypto world; if they don’t rise, other coins have little chance. • During a bear market, prioritize Bitcoin and Ethereum; these two are the "hard currencies" that can weather both bull and bear markets.
2. Altcoin risks are extremely high; beginners should be cautious.
From 2017 to now, I have witnessed countless altcoin projects being born, surging, collapsing, and disappearing. Especially during the bear markets of 2018 and 2019, new projects sprang up like mushrooms after rain, but most couldn’t last three months, and the project teams would take the money and run.
Facts: • Altcoins "come quickly and go quickly." • Some coins peak immediately after listing, then continuously decline, never to return to their highs, and may even disappear in the next cycle.
Advice: • Do not touch altcoins during a bear market; focus on investing in Bitcoin and Ethereum.
3. Dollar-cost averaging Bitcoin during a bear market: the safest strategy.
In a bear market, Bitcoin is the most worthwhile investment. Historically, Bitcoin has always broken new highs in each bull market, while most altcoins either go to zero or never return to their peaks.
Dollar-cost averaging methods: • Fixed monthly investment: Purchase a fixed amount of Bitcoin each month to reduce the impact of market fluctuations. • Increase holdings during major dips: When a significant drop occurs, increase your position (e.g., increase by 20%) to lower your average cost.
4. Patience in waiting for the bull market.
Finally, I have carefully selected a coin that is expected to grow 2-3 times in the short term, and 5-10 times in the long term; leave a message + like, and I will share it for free!
🚨After Trump's inauguration, these 5 coins have huge potential and can be positioned in advance!
Next month, Trump may take office again, and these 5 coins have enormous potential that could make you rich overnight! Here is a detailed analysis of these coins:
1. $DOGE (Dogecoin) • Current price: $0.43 • After Trump's inauguration, Dogecoin may experience an explosion. Musk has always favored DOGE and even named a new government department D.O.G.E. Dogecoin has strong liquidity, stable trading volume, and robust trends, and is expected to see explosive growth after Trump's inauguration, making it an opportunity that investors cannot miss.
2. $PNUT (Squirrel Coin) • Current price: $1.38 • During Trump's tenure, $PNUT experienced a significant surge, skyrocketing by 400% in just two days. Currently, this coin has low volatility, making it a good entry point. Considering the potential enthusiasm that Trump's administration may bring, Squirrel Coin is likely to explode again, so increasing positions on dips is a wise move.
3. $PEPE • $PEPE is not just a popular coin, but it also shows strong potential in DeFi projects and NFT platforms. It is building its own ecosystem, and a 10x appreciation is not impossible. Although it is not yet the best entry point, it is worth keeping an eye on, and once the timing is right, decisive action can be taken.
4. $XRP (Ripple) • $XRP supported Trump's election through donations during the election period, and after being elected, its price rose to $2.9, reaching a new three-year high. Ripple mainly focuses on payment functionality, and if Trump promotes it as a means of cryptocurrency payment after taking office, $XRP 's price is expected to explode, making it worth investors' attention.
The last coin is one that I plan to position for a potential explosive opportunity; doubling is quite simple, with an expected upside of 10 times or more. Everyone who wants to join in, please like and comment. #Marvin #Marvin7055 #Meme齐涨 #粉丝代币板块普涨 #1MBABYDOGE热度上升 $PEPE $DOGE
If you had invested $550 in Dogecoin (DOGE) and Shiba Inu (SHIB) four years ago, you might now be a millionaire in the cryptocurrency world. The resurgence of these two coins has not only created remarkable wealth legends but has also inspired many investors to look for the "next miracle coin."
The Wealth Miracles of DOGE and SHIB 1. Low-price opportunities four years ago • Dogecoin (DOGE): Price below $0.002 at the end of 2019. • Shiba Inu (SHIB): Initial issuance price close to $0.000000000005. At that time, these coins were considered “joke coins,” and the market generally held a pessimistic view of them, even thinking they had no investment value. However, a few forward-looking investors saw the potential. 2. Amazing Returns • Dogecoin (DOGE): In May 2021, the price of DOGE soared to $0.73, achieving a return rate of 364 times. • Shiba Inu (SHIB): In 2021, the price of SHIB skyrocketed to $0.000088, with a return rate exceeding tens of millions of times. If four years ago you had split the $550 into two parts and invested $275 in DOGE and $275 in SHIB: • The current value of the DOGE investment is approximately $100,000. • The current value of the SHIB investment may have reached several million dollars.
The successful returns of these two coins remind us that early market opportunities, while full of unknowns, are also filled with tremendous potential.
🔥After the Bitcoin pin bar, the market makers are busy with yacht parties
Currently, the price of Bitcoin is stabilizing around $100,000, but there is almost no actual trading volume in the market; it seems that the entire market is waiting for the market makers to harvest the retail investors. After the recent 'pin bar' harvesting a few days ago, the market makers are busy celebrating and partying, completely unconcerned with the dynamics of the trading market, which means that the current trading activities of retail investors are actually an illusion.
Like the international gold market, the cryptocurrency market is also a typical case of manipulation by market makers. Large fluctuations and sharp rises and falls are driven by policies and market sentiment; exchanges can even manipulate the market through needle insertion, creating extreme market conditions. Recently, I personally experienced that a profitable order I had placed should have taken profit, but the exchange failed to execute it, which is clearly malicious manipulation. Although we understand these trading tactics, we often feel powerless to change the situation, which has made me feel disgusted with trading.
Regarding the future trend of Bitcoin, currently stabilizing around $100,000, the bears do not have an advantage. If the short-selling forces in the market are too strong, Bitcoin could quickly rise to $105,000 or even higher. Although the probability is low in the short term, the opportunity to induce buying still exists. The current market is likely to continue to consolidate, waiting for the market makers to make the next decision based on the balance of buying and selling forces. Therefore, relying on technical indicators for analysis may not be as effective as formulating strategies based on the overall direction of the market.
The market has already experienced several months of rising, and if it continues to rise, it should go through a correction before continuing to rise. Therefore, the strategy of shorting at highs and operating with light positions is wiser, with a higher likelihood of short-term profit. At this stage, chasing highs no longer offers cost-effectiveness; engaging in such 'picking sesame seeds and losing watermelons' activities is not worth the loss.
Essential for the Crypto World: Safe Withdrawal Guide 🔥
Assuming you have earned 1000 USDT, and are starting to consider withdrawals. How should you proceed? Here are several safe withdrawal methods:
1. Withdraw in Hong Kong: Make a physical trip
How to operate: • Travel to Hong Kong and exchange USDT (or other crypto assets) for Hong Kong dollars or Renminbi at a currency exchange. • It is advisable to withdraw in multiple small amounts to reduce risk. • Avoid carrying a large amount of assets at once to prevent unnecessary troubles. • Choose a reputable exchange shop to avoid the situation of “running away with your coins.”
2. Withdraw via Overseas Bank Card: Safe but requires preparation
How to operate: • Transfer from Binance to Kraken and convert to US dollars (USD). • Then withdraw to an overseas bank account, such as Zhongan Bank or other banks that support crypto transactions. • This method requires obtaining an overseas bank card in advance, but the overall risk is lower. • Be aware of fees, as they may affect your final earnings.
3. Binance C2C (Peer-to-Peer) Trading Withdrawal: Flexible but requires caution
How to operate: • On the Binance C2C platform, exchange USDT for Renminbi or other currencies through a merchant with real-name authentication. • After completing the transaction, directly withdraw the funds to your bank card. • Choose reputable merchants: • Registration time: at least 2 years. • Transaction volume: a large and stable number of transactions, avoid too many individual transactions leading to frozen funds. • Strictly prohibited from offline transactions: avoid trading through cash transactions or opaque channels like TG to prevent fraud or robbery.
Real Case Warnings
Some offline transactions may lead to serious consequences: • Robbery: During transactions, USDT or Renminbi may be stolen, potentially leading to personal safety issues. • Legal disputes: In some cases, offline transactions have been deemed “robbery,” with both parties becoming victims.
Additionally, I am recently planning to invest in a potential coin that has the chance to skyrocket, doubling is quite simple, with an expected upside of 10 times or more. Anyone who wants to join in, please like and comment. #Marvin #Marvin7055 #粉丝代币板块普涨 #SUSHI2025产品路线图 #1MBABYDOGE热度上升 $SUSHI $XRP $DOGE
🔥From $2,000 to $210,000: My Cryptocurrency Comeback Journey!
Initially, I always preferred coins with smaller market caps, believing that cheaper coins had more potential. However, two weeks later, I faced significant losses: my account balance plummeted from $20,000 to $2,000. This setback made me rethink my investment strategy and decide to make a complete change. I began to focus on higher market cap coins with new narratives. This new strategy brought significant returns. I seized opportunities in projects like BAN with a $2 million market cap and LUCE with a $4 million market cap, successfully turning my account from $2,000 to $210,000. Although my wallet was later stolen, this experience still proved that my strategy was effective.
However, the market is always changing and becoming increasingly brutal. With projects like PumpFun experiencing a surge in token issuance, opportunities in large-cap coins are becoming fewer, and many coins have collapsed around the $1 million market cap. Recently, coins relying on emotional hype have performed poorly, causing my original strategy to start failing. Nevertheless, I still avoid investing in coins with a market cap below $200,000 or those suspected of internal manipulation, as these coins are at a higher risk of plummeting and face more intense competition.
Recently, I've realized that market changes are intensifying, with fewer top-quality projects, making it harder to select quality coins. To adapt to these changes, I've adjusted my strategy, purchasing projects like UBC with a market cap of $1.7 million, and strictly controlling my buying pace to reduce risk exposure, successfully avoiding large-scale losses. Even so, everyone’s strategy is different; some may think my buying price is too high or my position management is inadequate, which serves as a reminder not to blindly follow others' operations.
At the same time, I have carefully selected a coin that is expected to yield 2-3 times in the short term and 5-10 times in the long term. Leave a message + like for a free share!
Dogecoin Deflation Plan: Billy Markus Reveals Important News
Recently, Dogecoin co-founder Billy Markus released significant news about Dogecoin's deflation on the X platform, sparking widespread attention in the crypto community. As a loyal observer of Dogecoin, this topic deserves in-depth discussion. Here are some key points and my understanding:
How to Achieve DOGE Deflation?
Billy Markus suggested that achieving deflation for Dogecoin is not complicated, and the key lies in the following steps: 1. Developer Action: Initiate a Pull Request on GitHub, proposing code changes related to deflation. 2. Community and Miner Support: Convince the community and miners to accept and run the new version of the protocol.
This indicates that as an open-source Proof of Work (PoW) cryptocurrency, community opinion is crucial, and miners are the core force in determining the network's operational direction. If the community and miners reach a consensus, the DOGE deflation mechanism can be smoothly initiated.
Comparison of DOGE Supply with Bitcoin
Currently, the total supply of DOGE is approximately 146.78 billion, with an annual increase of 5 billion. Although the issuance of Dogecoin is fixed, its inflation rate will gradually decrease over time, which differs from Bitcoin's supply mechanism. Dogecoin's design does not have a limited total supply like Bitcoin; in fact, its characteristic of "infinite supply" is significantly different from Bitcoin.
Billy Markus also mentioned that DOGE and BTC are very similar in design, with only slight parameter differences. He pointed out that Bitcoin's supply can also be adjusted with community agreement, emphasizing the flexibility and variability of blockchain projects.
Additionally, Musk believes that this design may allow Dogecoin to outperform fiat currency in the long term.
Finally, I have carefully selected a cryptocurrency expected to increase 2-3 times in the short term and 5-10 times in the long term. Leave a comment + like for free sharing!
🔥Super practical! Suggestions on how to start in the cryptocurrency space with 3000 yuan (or more):
Capital allocation and strategy: 1. Diversify risk: • 2500 yuan in spot investment: Choose cryptocurrencies with potential to avoid the high risks associated with short-term fluctuations. If the right cryptocurrencies are chosen, it may double the funds in a short period. • 500 yuan for contract testing: This portion of funds is for high-risk operations, but losses should be controlled to avoid contract trading wiping out the principal. 2. Contract operation skills: • Build positions in batches: Divide the 500 yuan into 5 parts, investing 100 yuan each time for contract operations. • Ten times leverage: Choose a moderate leverage multiple; ten times leverage balances returns and risks. Use the isolated position model to avoid the risk of liquidation associated with full position models.
Cryptocurrency selection and operations: 1. Select potential cryptocurrencies: • In spot investment, choosing the right cryptocurrencies is crucial. Focus on those that may rise rapidly in the short term, typically these are short-term hot topics or projects with significant positive news. 2. Seize short-term opportunities: • For experienced investors, profit can be made by leveraging short-term fluctuations and trends. However, for beginners, heavy buying during a price surge is not recommended. 3. Combine leverage to expand profits: • In contract operations, if the direction is correct, returns may significantly exceed the principal. However, a 10% reverse price fluctuation will trigger liquidation; therefore, strict discipline is required in contract trading.
Mindset management: • Overcome greed and fear: Avoid blindly chasing prices when the market is high, and do not easily cut losses due to short-term fluctuations. • Calm decision-making: Avoid emotional decisions; always execute according to your trading plan.
Finally, to help everyone further enhance investment returns, I have also prepared a potential cryptocurrency that is expected to rise 2-3 times in the short term and may reach 5-10 times in the long term. Leave a comment and like for a free share.
🔥Warning of risks! Time is running out for clearing out altcoins! (I am not being bearish!!!)
Currently, Bitcoin's rise began on November 5, after Trump's victory, the price climbed from $66,000 all the way up, breaking the $100,000 mark with almost no pullback. $100,000 has become an important psychological price level and has been surpassed. The altcoin market has also started to heat up, with many altcoins experiencing astonishing gains over the past 90 days, including meme series (such as $DOGE , $PEPE, $SHIB, etc.), platform tokens (like BGB, BNB), and older coins (such as $XRP , LTC, XLM), as well as Ethereum and Solana-related altcoins, with a significant overall increase, and multiple sectors rotating once or twice.
However, it is important to be cautious of market risks right now, rather than being greedy. After Bitcoin broke $100,000, it suddenly dropped to $90,000 one morning, and the weekly chart showed long lower shadows for two consecutive weeks, while Ethereum also reached the historical resistance level of $4,000. The market has been in a state of extreme greed for a month, which increases the risk of market correction, and the adjustment of altcoins may be even more severe.
Therefore, now is the time to reduce altcoin positions, lower leverage ratios, and protect profits and capital. The idea of selling at the market peak is often unrealistic, so seizing the current opportunity and implementing risk control is crucial.
Additionally, a little bonus: Potential Meme coin focus As the most mentioned dog by Musk, Marvin has become a potential Meme coin stock. If market sentiment continues to rise, small funds tentatively investing in such projects might also yield unexpected surprises!
🔥Sun Yuchen, the "King of the Universe", enjoying a silky smooth legendary life🚀
From a poor student to a giant in the cryptocurrency world, he is both a symbol of wealth and a controversial figure due to a series of high-risk investments and hype tactics. Here are some of his notable "achievements": 1. Poor student turnaround: From Peking University to Bitcoin wealth Sun Yuchen had average grades in high school, but successfully entered Peking University with an essay, later went to the U.S. for graduate studies. In the booming cryptocurrency market, he turned his life around by investing in Bitcoin, becoming wealthy overnight and a focal point in the industry. 2. Controversy over Tron fundraising He raised up to 400 million RMB through Tron (TRX), but after the coin price peaked, he cashed out hundreds of millions of dollars, leading to a plummet in coin value and significant losses for investors, becoming synonymous with "cutting leeks". 3. The first to “stand up” Buffett globally Sun Yuchen once bid $4.56 million for a charity lunch with Buffett, but due to “kidney stones,” he canceled last minute, attracting widespread social attention, and this incident became a classic joke in the crypto space. 4. A “symbol” of luxury consumption Sun Yuchen spends money like water, frequently investing in art and NFTs, and purchasing many expensive items: • $78 million for a sculpture • $120 million for a Picasso painting • $10.5 million for an NFT avatar • $28 million bidding for a Blue Origin space seat, although he ultimately could not make the trip 5. $6.24 million for a “rotten banana” Recently, he purchased an artwork “banana” for $6.24 million, once again becoming the focus of media discussion.
Sun Yuchen's success is accompanied by controversy; he is a pioneer in the cryptocurrency world but also criticized for his overly aggressive business behaviors and hype tactics. His story serves as a mirror reflecting the complexities behind wealth and morality, reminding us that success often comes with unseen costs. In the crypto world, short-term wealth and attention may obscure long-term moral considerations and business risks.
Finally, I have carefully selected a cryptocurrency expected to grow 2-3 times in the short term and 5-10 times in the long term; leave a comment + like for free sharing!
🔥In the next two years, a crazy bull market is expected, and these five tokens are likely to surge a thousand times! Plan ahead, and you may achieve financial freedom!
As the crypto market may experience significant growth in the upcoming bull market, the following five tokens, with their unique technological advantages and application prospects, are likely to become leaders in the market and achieve a thousandfold increase. Investors can plan ahead to seize future wealth opportunities: 1. VET (VeChain) • Highlights: • VeChain's collaborations with world-class enterprises like Walmart and BMW showcase its strong application prospects in supply chain management, logistics, and food traceability. • As a leader in the supply chain management sector, VeChain is gradually expanding its business globally, particularly in enterprise-level applications. 2. HBAR (Hedera Hashgraph) • Highlights: • Hedera Hashgraph provides leading solutions for multiple industries through its innovative Hashgraph technology, including pharmaceuticals, luxury goods, and automobiles. • The project has partnerships with top companies like Google and IBM, with strong support behind the technology, and is expected to become a core solution for enterprise-level blockchain in the future. 3. STMX (StormX) • Highlights: • StormX innovatively combines shopping with cryptocurrency, introducing a “shopping is mining” model that allows users to earn token rewards through everyday shopping. • This innovation integrates cryptocurrency into consumers' daily lives, promoting widespread adoption of the token and holding immense market potential. 4. TLM (Alien Worlds) • Highlights: • Alien Worlds is a leader in the metaverse gaming sector, combining NFTs and Play-to-Earn (earn while playing) models, allowing players to enjoy gaming fun while creating wealth in the game.
I won't reveal the 5th one for now; if you want to know, feel free to ask in the comments or continue to follow me, as I will mention it in my upcoming articles.
Finally, I've carefully selected a token expected to grow 2-3 times in the short term and 5-10 times in the long term; leave a comment + like for a free share!
🔥The People's Court of China redefines cryptocurrency "mining", is it beneficial for industry development?
On December 5, 2024, the "People's Court Daily" published an article titled "Criminal Law Definition of Illegal Theft of Cryptocurrency", exploring the legal classification of cryptocurrency theft, which has attracted widespread attention. In the cases mentioned in the article, several defendants used contract codes to fraudulently access USDT, stealing a total of 57,307.11 USDT from the victim, Hu.
According to the analysis by the "People's Court Daily", this case should be classified as theft. Although China's policies on cryptocurrency are relatively strict, this does not affect the property nature of cryptocurrency. The scarcity, utility, and disposability of cryptocurrency give it property characteristics. The article particularly emphasizes that the utility of cryptocurrency is reflected in its characteristic as a specific data encoding, which can only be generated through the process of "mining", and the "mining" process actually embodies social abstract labor.
In real life, cryptocurrencies can not only be transferred and traded but also yield calculable economic benefits, possessing both use value and exchange value. Therefore, cryptocurrencies have clear property attributes, and any act of stealing cryptocurrency should be regarded as theft.
This classification marks the gradual clarification of legal recognition by Chinese courts in the field of cryptocurrency, which is conducive to promoting further development of the industry, especially the recognition of "mining" as a legitimate means of wealth creation.
What do you think?
In addition, I have carefully selected a cryptocurrency that is expected to increase 2-3 times in the short term and 5-10 times in the long term. Leave a comment + like for a free share!
To be honest, the opportunities to get rich relying on meme coins like $PEPE and $SHIB are indeed becoming increasingly slim.
Taking SHIB as an example, its total supply reaches 400 trillion. Even if it rises to 0.1 USD, its market capitalization would exceed 4 trillion USD, which far exceeds any reasonable limit for cryptocurrency. Even if the market experiences a short-term surge, in the long term, SHIB is likely to stay at four decimal places by 2025, making it almost impossible to replicate the miracle of overnight wealth from previous years.
Similarly, the outlook for PEPE is not optimistic. It faces severe inflation issues and is likely to hover between seven to eight decimal places in the coming years. Although there may be fluctuations, the earth-shattering opportunities have already passed. The previous hype surrounding these coins is no longer backed by any real support, lacking strong value and ecology behind them.
The golden age of meme coins has indeed passed. If you genuinely want to achieve returns in the cryptocurrency market, you should focus on projects that have practical applications and long-term development potential. Stories of overnight wealth sound enticing, but more common success comes from rational investment and long-term planning rather than relying on speculative fantasies. The investment market values patience, planning, and grasping future potential, rather than blindly chasing short-term gains.
At the same time, I have carefully selected a coin that is expected to increase 2-3 times in the short term and 5-10 times in the long term. Leave a comment + like for a free share!
💥XRP Burn: The Trigger Point for the Next Cryptocurrency Bull Market?
Recent rumors about a large-scale burn of XRP have sparked heated discussions in the market. This action could reshape Ripple’s token economics and become a catalyst for the next surge in cryptocurrency prices.
Why is the XRP burn crucial?
1. Enhancing Scarcity The large supply of XRP is often seen as a factor that suppresses its price. By burning a portion of the tokens, scarcity can be effectively increased, thereby boosting its market value. 2. Boosting Investor Confidence News of a burn can attract more investors, especially those confident in Ripple and XRP's long-term development. The burn operation will demonstrate Ripple's commitment to the XRP ecosystem and may trigger more capital inflow. 3. Enhancing Competitiveness In a market dominated by Ethereum and Bitcoin, XRP may stand out through a burn strategy, enhancing its appeal in the cross-border payment sector and further increasing its value.
Market Impact of Large-Scale Burns
1. Short-Term Price Surge Once the burn news is released, it may cause a sensation in the market, driving the price of XRP up in the short term. Market recognition of scarcity and potential value often leads to significant capital inflow in a short time. 2. Long-Term Stable Growth As the supply decreases, the scarcity of XRP will enhance, helping its price to grow steadily and laying the foundation for future long-term returns. The reduced supply can ease inflationary pressure, ensuring long-term price stability. 3. Attracting Institutional Investors Burning XRP can strengthen its scarcity and advantages in cross-border payment applications, attracting more institutional investors. With the growing demand for ETFs and futures trading, the base of institutional investors in XRP is gradually expanding.
Current Status of XRP
• Current Price: The trading price of XRP has reached $1.17, setting a three-year high, with positive market sentiment. • Market Capitalization Ranking: XRP's market cap is $66 billion, firmly ranking sixth in the cryptocurrency market.
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🔥How should we position ourselves with altcoins? Will altcoins plummet?
Two scenarios:
The first scenario is that Bitcoin continues to attract funds, causing the altcoin market to stagnate. In this case, altcoins can only wait for Bitcoin's movements, and there won’t be much opportunity temporarily.
The second scenario is that funds flow into Ethereum, driving the price of Ether up, at which point altcoins may also follow suit. If this happens, investors can appropriately 'chase the rise'.
However, if Bitcoin experiences a pullback, the decline in altcoins is often larger, not just a simple pullback, but there may be a phenomenon of funds 'flooding out'. Therefore, in the absence of a clear direction, it is best to remain cautious and wait for clearer market signals.
As for the future market trends, many people are optimistic about the market's rise after Trump takes office in January next year, as the U.S. is viewing Bitcoin as a strategic reserve, and other countries may follow suit, which will further drive up Bitcoin's price. Additionally, publicly traded companies like Microsoft are starting to participate in Bitcoin purchases, which may sustain Bitcoin's rise.
Regarding the performance of altcoins, historically, in the 7 months following each Bitcoin halving, altcoins typically enter a rising cycle, especially during the November to December period, where the increase in altcoins is often very rapid, but also equally swift. Therefore, if one wants to seize the opportunity, early positioning is necessary.
For example, on November 2, XRP was bought near 0.5, leading to a profit of 440%; on November 21, when ENS was purchased around 17.5, it has now generated a profit of 140%. This highlights the volatility and potential of altcoins, reminding everyone to seize timely investment opportunities.
In summary, now is a time to observe and wait for more explicit signals from the market before making any moves, especially paying attention to Bitcoin's pullbacks and the flow of funds.
At the same time, I plan to position for a potential coin that has a chance of skyrocketing, doubling is quite simple, with an expected upside of 10 times or more. Those who want to join in, please like ➕ comment.