#btc #eth #sol #bnb In the bull market stage, for example, U-based contracts: 1: Up to 5 times leverage 2: The market is up: select up to 4 coins. 3: Funds can be opened at most 3/1 funds. 4: Just do certain things, slow is fast. If you have to take all the profits from your funds, you will be very embarrassed if there is a reversal or shock. The currency circle itself is actually leveraged. 5: There are too many myths in the currency circle, and surviving is the most important thing. 6: I personally think that the future currency circle will not be like the currency circle before 2020. If your funds are in the POW stage below 100,000 yuan, even 1,000u, as long as you are patient, time will give you the best gift and increase your awareness. 7: Don’t listen to the Chinese influencers who send out dozens of coins a day. There is always someone who is right. Their purpose is very clearly the Junket Operator in Macau, to get you to rebate commissions or charge you for joining the group. You have to learn to make your own judgment. 8: The future of the currency circle is promising. Looking at many people in China, they are like zombies~
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Do you really understand the legal boundaries of holding and trading virtual currencies in our country? 90% of the people in front of the screen may not be clear whether playing with virtual currencies in our country will get them arrested. Some say that friends make money by buying coins without any issues, while others see news reports about related individuals getting arrested every day. It's like "picking up gold in a minefield"; you can pick up gold, but stepping on a landmine will lead to disaster. The key is to understand where the "landmines" are buried. On September 24, 2021, the central bank and ten other ministries issued a notice on "Further Preventing and Handling Risks of Virtual Currency Trading Speculation," categorizing matters related to virtual currencies into "green zone, gray zone, and red zone." The green zone means that individuals holding virtual currencies are not breaking the law. The document clearly states that virtual currencies do not have the same legal status as fiat currency, and related activities are considered illegal financial activities, but it does not deny the currency itself. In simple terms, virtual currencies are defined as special virtual goods; holding them is akin to collecting art or luxury watches, regarded as personal assets, and is relatively safe in the green zone. The gray zone means individuals bear the consequences of transactions. If someone privately receives your Bitcoin via WeChat transfer, although it is not directly illegal, it is in a gray area not protected by law, and the risks are borne by the individual. For example, if the other party takes the money but does not give the coins during the transaction, it is difficult to file a police report because the state does not support such risky investment behaviors; related contracts are invalid, and losses can only be accepted by oneself. At this point, one has already stepped to the edge of the minefield and may be defrauded, with no protection. The red zone is a high-voltage line that must be severely punished if touched, involving illegal financial activities. First is setting up exchanges to facilitate buying and selling virtual currencies domestically; second is issuing virtual currencies and promoting projects to sell coins, which constitutes a serious crime of illegal fundraising; third is engaging in virtual currency exchange services, acting as a "settlement agent" to help people exchange RMB for USDT or vice versa, involving illegal business operations and money laundering crimes; fourth is providing pricing information intermediary services, establishing a company to provide market information or lead trading for virtual currencies. Therefore, in the world of virtual currencies, some people face no issues while others get arrested; the difference lies in whether one quietly "picks up gold" in the minefield or boldly acts as an "arms dealer." It is essential to recognize the legal boundaries to ensure one's own safety.
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