$BTC
BTC
90,510
-1.37%
In May 2021, Bitcoin crashed from a high of $64,000, halving in just ten days. A post-95 programmer, Xiao Li, leveraged his house down payment and all of his parents' retirement funds tenfold to go long, ultimately going bankrupt and owing the bank 3 million. He resigned from his office job in the magic city and started delivering takeout to pay off his debts, riding his electric bike every day under the shadows of coconut trees, watching the constantly fluctuating K-lines on his phone, tears mingling with sweat dripping onto the screen.
That same year, Aunt Wang, an elderly woman, was pulled into a group called 'AXS Wealth Group' by a community 'crypto master,' where members flaunted Lamborghinis and yachts every day. She converted her 400,000 yuan saved from selling vegetables and her husband’s lung cancer treatment funds entirely into SHIB and a bunch of animal coins. On the day SHIB went to zero in November, Aunt Wang fainted at the vegetable market and was diagnosed with a cerebral hemorrhage, while her husband’s chemotherapy also stopped.
On the day of the LUNA crash in 2022, a father in South Korea jumped from an apartment building with his two children, leaving a note: 'I'm sorry, I thought the 20% annualized return on UST could help my children get into better schools.'
These bloody stories are replayed every year with different coins and different people. The crypto space has no new stories, only new victims.
Remember:
Leverage will kill you, air coins will go to zero, and signal groups are all harvesters.
The financial freedom you think you have is often just a ticket for others to harvest you.
Never gamble with money you can't afford to lose.
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
$BNB
{future}(BNBUSDT)
That same year, Aunt Wang, an elderly woman, was pulled into a group called 'AXS Wealth Group' by a community 'crypto master,' where members flaunted Lamborghinis and yachts every day. She converted her 400,000 yuan saved from selling vegetables and her husband’s lung cancer treatment funds entirely into SHIB and a bunch of animal coins. On the day SHIB went to zero in November, Aunt Wang fainted at the vegetable market and was diagnosed with a cerebral hemorrhage, while her husband’s chemotherapy also stopped.
On the day of the LUNA crash in 2022, a father in South Korea jumped from an apartment building with his two children, leaving a note: 'I'm sorry, I thought the 20% annualized return on UST could help my children get into better schools.'
These bloody stories are replayed every year with different coins and different people. The crypto space has no new stories, only new victims.
Remember:
Leverage will kill you, air coins will go to zero, and signal groups are all harvesters.
The financial freedom you think you have is often just a ticket for others to harvest you.
Never gamble with money you can't afford to lose.
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
$BNB
{future}(BNBUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
