People often say that the cryptocurrency market is risky, but the recent explosion at the Zhejiang Gold Center is genuinely frightening. Those who are unaware might think this is a state-owned enterprise with a prestigious reputation, and that it would never collapse. In reality, this is privately funded, led by the Xiangyuan Group. However, before the explosion, many people either deceived themselves into thinking that it had been stable for over a decade, harboring a false sense of security, or they simply did not pay attention to changes in shareholders.

At a time when the economy is still in a downward cycle, and the human resource pool is about to overflow, the ingrained thinking formed during the previous economic cycle really needs to be reconsidered.

The cryptocurrency market is actually similar; each round of play is different. Those who enter the new era with outdated thinking are undoubtedly the ones who end up paying the price.