Brendon Glotfelty C12r
@Square-Creator-5b156d3d1f51
币圈研究者
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In real cases, people can be like Zhuhai and run over others with cars.
If the investigating unit tells you that the Bitcoin you sold worth 10 million RMB, due to your suspected use of a VPN to circumvent restrictions, and that circumventing restrictions is illegal, the RMB you received from selling Bitcoin through this method is considered illegal gains, and they will confiscate your ransom of 10 million, what is your first reaction? And this incident really happened...
Did you use a VPN to log into an overseas exchange, such as registering an account on a certain website to profit from trading Bitcoin, or did you pay margin to become a U trader, acting as a settlement trader to buy and sell U for profit, and did not receive any illicit funds or have your card frozen, while still indulging in the joy of trading and making profits? Little did you know that if your actions were caught, the consequences could be dire.
In August of this year, a public security agency in a certain region of the country determined that trading cryptocurrencies while circumventing restrictions is illegal behavior. The case involved Zhang San using a VPN to buy low and sell high in virtual currencies. Because circumventing restrictions is illegal, the profits made during the trading were confiscated, and he was fined the maximum amount of 15,000 RMB, with mobile phones and computers also deemed illegal tools and confiscated. This case reminds me of last year's report about a programmer who worked while circumventing restrictions, and in the end, his actions were deemed illegal, resulting in the confiscation of over a million in work income.
Some say that the nature of a programmer's work is different from trading cryptocurrencies; one is a work-related action, while your trading activity is illegal or carries risks. However, currently, virtual currency trading is not illegal, so the situation is similar to the background of this case. If circumventing restrictions is illegal, then the profits from trading cryptocurrencies will also be deemed illegal gains, and it would almost just require an official announcement to enforce it. You cannot trade cryptocurrencies while circumventing restrictions; otherwise, the profits from trading cryptocurrencies will be confiscated.
Regarding whether circumventing restrictions is illegal, we will not discuss it here. The key controversy in this case lies in whether, based on Article 14 of the Interim Provisions on the Administration of International Networking of Computer Information Networks, the determination of illegal gains from circumventing restrictions includes the recognition of profits from trading cryptocurrencies as illegal gains.
Did you use a VPN to log into an overseas exchange, such as registering an account on a certain website to profit from trading Bitcoin, or did you pay margin to become a U trader, acting as a settlement trader to buy and sell U for profit, and did not receive any illicit funds or have your card frozen, while still indulging in the joy of trading and making profits? Little did you know that if your actions were caught, the consequences could be dire.
In August of this year, a public security agency in a certain region of the country determined that trading cryptocurrencies while circumventing restrictions is illegal behavior. The case involved Zhang San using a VPN to buy low and sell high in virtual currencies. Because circumventing restrictions is illegal, the profits made during the trading were confiscated, and he was fined the maximum amount of 15,000 RMB, with mobile phones and computers also deemed illegal tools and confiscated. This case reminds me of last year's report about a programmer who worked while circumventing restrictions, and in the end, his actions were deemed illegal, resulting in the confiscation of over a million in work income.
Some say that the nature of a programmer's work is different from trading cryptocurrencies; one is a work-related action, while your trading activity is illegal or carries risks. However, currently, virtual currency trading is not illegal, so the situation is similar to the background of this case. If circumventing restrictions is illegal, then the profits from trading cryptocurrencies will also be deemed illegal gains, and it would almost just require an official announcement to enforce it. You cannot trade cryptocurrencies while circumventing restrictions; otherwise, the profits from trading cryptocurrencies will be confiscated.
Regarding whether circumventing restrictions is illegal, we will not discuss it here. The key controversy in this case lies in whether, based on Article 14 of the Interim Provisions on the Administration of International Networking of Computer Information Networks, the determination of illegal gains from circumventing restrictions includes the recognition of profits from trading cryptocurrencies as illegal gains.
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There is in the dream
#加密市场回调
Today's decline: Bitcoin 15%
Ethereum 20%
Personal experience shows that it has reached the target
There is no important data in the macroeconomics recently
The rise in the past period of time does need to be adjusted back
So how to proceed in the next stage
I feel that BTC 15w is worth a try
ETH 6000
Intuitively, it feels difficult for ETH to reach 6000
BTC 15w is easy
I don't know why
Recently, I have been paying attention to the track of Ethereum staking and abstract account
I feel that there will be good returns in the first quarter of next year
Reasons
1. Prague upgrade
2. Ethereum etf staking may be allowed
Today's decline: Bitcoin 15%
Ethereum 20%
Personal experience shows that it has reached the target
There is no important data in the macroeconomics recently
The rise in the past period of time does need to be adjusted back
So how to proceed in the next stage
I feel that BTC 15w is worth a try
ETH 6000
Intuitively, it feels difficult for ETH to reach 6000
BTC 15w is easy
I don't know why
Recently, I have been paying attention to the track of Ethereum staking and abstract account
I feel that there will be good returns in the first quarter of next year
Reasons
1. Prague upgrade
2. Ethereum etf staking may be allowed
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It's a beautiful thought. I don't know much about the dog dealer. It will take several months or half a year to recover to 4000. If I can't get back my money, I will quit the cryptocurrency circle and withdraw. I see the dog dealer clearly now.
$ETH
666 Rebound after a sharp drop
666 Rebound after a sharp drop
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There is no such thing as decentralization. Quit the cryptocurrency circle and work honestly. This world is full of dictatorship.
$BTC $ETH Decentralized things, always want to get regularized, supervision is simply a joke
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It's a beautiful thought. I don't know much about the dog dealer. It will take several months or half a year to recover to 4000. If I can't get back my money, I will quit the cryptocurrency circle and withdraw. I see the dog dealer clearly now.
If you don't understand, just ask, what happened today? Is the bear market coming?
$BTC $ETH $XRP
$BTC $ETH $XRP
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Even buying spot goods is unsustainable, and those who play contracts will go bankrupt
$BTC $ETH This is not just an ordinary callback. It has been falling for several days without any rebound. This is the performance of the beginning of the bear market. There is no signal to stop the decline. Everyone thinks that the old Trump will rise sharply and the bull market will start. When everyone thinks so, the dealer just follows your reverse thinking. Otherwise, how can he cut the leeks? Just like a few years ago, all kinds of good news can't pull back the bull. Don't guess the bottom. If you open more, you will be trapped. You can choose to wait and see. Keeping the chips in your hands is the kingly way!
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This move is even more insidious than A-shares, it seems there is no decentralization in this world. When the time comes, I will exit the crypto circle; I've seen through it, it's all dictatorship.
$BTC $ETH This is not just an ordinary callback. It has been falling for several days without any rebound. This is the performance of the beginning of the bear market. There is no signal to stop the decline. Everyone thinks that the old Trump will rise sharply and the bull market will start. When everyone thinks so, the dealer just follows your reverse thinking. Otherwise, how can he cut the leeks? Just like a few years ago, all kinds of good news can't pull back the bull. Don't guess the bottom. If you open more, you will be trapped. You can choose to wait and see. Keeping the chips in your hands is the kingly way!
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Thinking beautifully, I am still not clear about the dog farm. It won't take a few months or half a year to recover 4000 and break even. Once I break even, I will quit the crypto circle. I have now seen through the dog farm.
Despair, pain? Since BTC has fallen below 96,000, 90,000 will not be far away. Only when everyone, most of the KOLs, are left with only breathing and lifelessness, may dawn come.
When it was 10w+, I repeatedly called on everyone to reduce half of their positions, lie flat and wait and see, and was abused and called a dead short. At that time, I could only let the brainless people continue to revel and dance.
Fortunately, I didn't let everyone chase highs. I only told you that the callback can be allocated to the 5-10 day line at the monthly level. With some people, I escaped the massacre.
This circle is like this. All the news we see is what the dealer wants us to see. Before BTC was really established as a national strategic reserve by Trump in the form of a document, it was just a chip on the gambling table for dealers and retail investors.
It's just that at present, as an ETF, the people who participate in gambling have extended from the original currency circle to the traditional stock and financial fields.
The leeks in the United States are the same as the leeks in the East. They also chase the rise and kill the fall. When the price soars, no one can talk about risk. Now it has come true. The risk has come silently, and it is painful.
Now it is just a suggestion.
1. From the current form, the decline has not reached the real bottom. Buy the bottom, don't hold a heavy position, and enter the market in batches. The surge is not a reason to buy. Now it has plummeted. It is time to enter the market slowly.
2. The bull market has not gone, and it is still in the bull market stage. It is just a normal wash. It's just that this slaughter is larger and more miserable, in preparation for the next wave of violent pull-ups.
3. Choose some mainstream currencies, ETH, SOL, DOGE, SUI, LTC, TRX, etc. Old currencies may come back one day even if they plummet, and many new currencies may never come back.
4. In the currency circle, risk is always the first priority. It is recommended to focus on spot trading and play with contracts. Heavy positions and high leverage will all be wiped out.
5. Don't be afraid. Rise and fall have cycles. This time, most currencies may fluctuate sideways for about a month. Many currencies have entered the daily cycle correction. If you get caught, you can only bite the bullet and bear it.
6. If you do contracts, it is recommended to short the rebound recently. Many currencies have entered the short position long ago.$BTC #加密市场回调 #市场调整後的机会？
When it was 10w+, I repeatedly called on everyone to reduce half of their positions, lie flat and wait and see, and was abused and called a dead short. At that time, I could only let the brainless people continue to revel and dance.
Fortunately, I didn't let everyone chase highs. I only told you that the callback can be allocated to the 5-10 day line at the monthly level. With some people, I escaped the massacre.
This circle is like this. All the news we see is what the dealer wants us to see. Before BTC was really established as a national strategic reserve by Trump in the form of a document, it was just a chip on the gambling table for dealers and retail investors.
It's just that at present, as an ETF, the people who participate in gambling have extended from the original currency circle to the traditional stock and financial fields.
The leeks in the United States are the same as the leeks in the East. They also chase the rise and kill the fall. When the price soars, no one can talk about risk. Now it has come true. The risk has come silently, and it is painful.
Now it is just a suggestion.
1. From the current form, the decline has not reached the real bottom. Buy the bottom, don't hold a heavy position, and enter the market in batches. The surge is not a reason to buy. Now it has plummeted. It is time to enter the market slowly.
2. The bull market has not gone, and it is still in the bull market stage. It is just a normal wash. It's just that this slaughter is larger and more miserable, in preparation for the next wave of violent pull-ups.
3. Choose some mainstream currencies, ETH, SOL, DOGE, SUI, LTC, TRX, etc. Old currencies may come back one day even if they plummet, and many new currencies may never come back.
4. In the currency circle, risk is always the first priority. It is recommended to focus on spot trading and play with contracts. Heavy positions and high leverage will all be wiped out.
5. Don't be afraid. Rise and fall have cycles. This time, most currencies may fluctuate sideways for about a month. Many currencies have entered the daily cycle correction. If you get caught, you can only bite the bullet and bear it.
6. If you do contracts, it is recommended to short the rebound recently. Many currencies have entered the short position long ago.$BTC #加密市场回调 #市场调整後的机会？
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I am clear about the dog stock, it won't recover to 4000 in a few months or half a year, I won't break even, and once I break even, I will quit the coin circle and withdraw. I have now seen through the dog stock.
ETH is really disgusting. It takes months to rise. It takes only three days to fall. I guess people who hold ETH like me won’t be happy during the Chinese New Year.
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Harvesting leeks
Is the price going back to 3000? What is the suitable position for bottom-fishing?
Looking at the trend, it feels like it is really going to hit the 3000 level. From 2400 on November 5th to now, the increase has reached 72% and the highest position is 4111. It took more than a month to rise slowly, but the decline was very smooth, like a slide. The current retracement has reached the vicinity of the mountainside. It feels that it will continue to fall and wash the market. Everyone must be thinking about bottom-fishing. In fact, it is possible, but the position must be chosen correctly. Through the Fibonacci retracement, the support level below is around 3240. Once it falls below, it will go to 3000 to explore the bottom. Now it is the golden section point between 2780-3034. Brothers, don't rush to get on the bus. The position is very important. You can try to go short in the contract. It is not a big problem to bottom-fish the spot with a 50% increase before the New Year.
The suggestion is to enter the spot market between 2980-3050. It is not suitable to do contracts at this time. The fluctuation is too large, and you can't get up in the middle of the night to cover the position. 🫢$ETH
Looking at the trend, it feels like it is really going to hit the 3000 level. From 2400 on November 5th to now, the increase has reached 72% and the highest position is 4111. It took more than a month to rise slowly, but the decline was very smooth, like a slide. The current retracement has reached the vicinity of the mountainside. It feels that it will continue to fall and wash the market. Everyone must be thinking about bottom-fishing. In fact, it is possible, but the position must be chosen correctly. Through the Fibonacci retracement, the support level below is around 3240. Once it falls below, it will go to 3000 to explore the bottom. Now it is the golden section point between 2780-3034. Brothers, don't rush to get on the bus. The position is very important. You can try to go short in the contract. It is not a big problem to bottom-fish the spot with a 50% increase before the New Year.
The suggestion is to enter the spot market between 2980-3050. It is not suitable to do contracts at this time. The fluctuation is too large, and you can't get up in the middle of the night to cover the position. 🫢$ETH
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$ETH Ethereum is about to drop by $1,000. Those who short Ethereum are rich. Ethereum is going to return to zero.
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Every time I invest heavily in $ETH , it goes down. I'm stuck with the spot market, suffering significant losses. I want to leave the crypto world to break even; it is not stable at all and affects my life and mood. It seems very difficult to make money in the crypto space. For ordinary people, playing with cryptocurrencies is not as stable as working. Every day in the crypto world is nerve-wracking and affects my quality of life.
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Trash Coin
When the big pancake drops, you follow and dive; when the big pancake reaches 100,000, you're still half dead $PNUT
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Bitcoin will drop to 88k or even down to 80k, time will prove, it will be realized within the next month.
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The bull market ended so early at $BTC , more than half less than in 2020, firmly trapped, no way out, all are fattened chives.
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A few days ago, I bought Ethereum and got stuck, sold Ethereum at a loss yesterday, today bought Dogecoin at 0.4000, now I am heavily trapped again. Does capital just like to trap my money? It's too difficult; I'm a bit scared of the crypto world, I regret getting involved. To this day, I'm at a loss. It's too hard; life is unbearable. I play every day and watch the index, but in the end, I'm still losing badly.
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$ETH When Bitcoin falls, Ethereum falls sharply. When Bitcoin rises, Ethereum rises very slowly. Buying Ethereum at a high point will only lead to eternal losses.
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$ETH It will fall again. I have never seen such garbage. It is a rip-off. If you buy Ethereum at a high point, you will be stuck forever. You will lose a lot of money.