3 years of experience sharing on frozen card withdrawals.
Many friends encounter situations with frozen cards when withdrawing C2C funds. I will share how I manage to withdraw.
First, choose reputable merchants (they can compensate in case of frozen card situations). Second, choose whole numbers for withdrawals, avoiding decimals. Third, keep the amount not too large; I generally withdraw around 10,000 RMB. Fourth, after placing an order, inform the other party: payment must be made in real name, and illicit funds will be pursued! Fifth, if withdrawing via WeChat or Alipay, require the other party to record a video with real name information.
These are experiences I have summarized from hundreds of C2C withdrawals over 3 years, for everyone's reference.
Additionally, the ROBO creator activity is still ongoing. @Fabric Foundation , as a potential leader in WEB3 bots, offers quite a few rewards. Based on the current coin price, the average reward is close to 2000 U.
Brothers, could you please leave a comment as you pass by? Thank you very much. #robo$ROBO
I dismantled the Midnight node and discovered an awkward fact: the hardest part of a privacy chain isn't privacy, it's 'how to transfer money in.'
I've been idle these past few days, so I ran the Midnight test node again. However, this time I didn't focus on performance—last time I was already tortured enough by that proof of computation—this time I changed my perspective: I wanted to see how this so-called 'privacy-first' chain interacts with the outside world. As a result, I dug up some interesting things. You have to think of it this way: a chain that can perform privacy computation, the biggest pain point is not what tricks can be played inside, but rather—how does the USDT in your pocket get in? I tried to walk through the 'cross-chain bridge process' mentioned in their documentation. Theoretically, it's quite beautiful: assets are locked in Cardano, and Midnight mints an equivalent amount of 'shadow assets,' allowing for enjoyable play in a privacy environment.
After spending three days on the Midnight testnet, I found that the biggest pitfall of privacy chains is not technology.
Before testing Midnight, I kept pondering one thing: who exactly is the privacy chain for?
You might say retail investors, but most people shout for privacy, yet if they have to wait two more seconds for confirmation, they curse. You might say institutions, but whether they can pass compliance is another story.
After running test nodes for a week, I found the issue to be more complex than that.
First, let me mention a phenomenon I observed: there are a group of addresses on the testnet that make small transactions at fixed times every day, much like clocking in. I initially thought it was market makers practicing, but then I looked into the transaction characteristics—they were all in privacy mode.
This is interesting. Who would be so dedicated to making privacy transactions on a testnet?
Following the traces on the chain, I discovered it was a team involved in supply chain finance, testing the scenario of "making accounts payable private." Their leader said something that really struck me in DC: "In this industry, no one wants to expose the supplier list, but audits still need to be able to prove that the money was spent."
You see, real business needs are never a choice between "fully private" or "fully public"; it’s about being in a state where "I can prove it, but you need authorization to see it."
Midnight's Zswap can indeed achieve this—hiding business relationships using zero-knowledge proofs, only exposing what must be exposed.
But where does the problem lie?
The development threshold.
I tried writing a simple "privacy version of accounts receivable transfer" contract. The Compact syntax is indeed similar to TS and not hard to pick up. But once it comes to the business logic layer, my mind starts to get tangled.
For example: you need to prove that A owes B money that has already been transferred to C, while ensuring that B has not over-financed. In a traditional contract, this is just a few if-else statements. But in a privacy environment, you have to design a set of constraints that make the validation nodes believe this is true, while not letting them see the specific amount.
No wonder there are so few complex contracts on the testnet. It’s not that developers don’t want to try; it’s genuinely brain-burning.
Later, I spoke with a founder of a DeFi protocol who said a harsh truth: "Privacy is what users want, but I bear the development costs. Unless users are willing to pay a gas premium for privacy, this equation just doesn’t add up."
Regarding this issue, I think many people have questions. Here are 5 trading principles I learned from going from a 1 million loss to stable profits.
1. **Only invest spare money that you can hold onto** Information asymmetry is the largest source of profit in this market. If you know a piece of information earlier than others, you have more opportunities to make money than they do. Therefore, you should learn more regularly, pay attention to industry trends, and improve your cognitive level.
2. **Do not leverage in a bull market** Information asymmetry is the largest source of profit in this market. If you know a piece of information earlier than others, you have more opportunities to make money than they do. Therefore, you should learn more regularly, pay attention to industry trends, and improve your cognitive level.
3. **Cognition is more important than anything else** In a bull market, everyone is a stock god; only in a bear market do you know who is swimming naked. Do not think you are great in a bull market; that is just an illusion created by the market. True ability is being able to make money even in a bear market.
4. **Risk control is always the top priority** In this market, you must always maintain a sense of awe, never think you are smarter than the market. Many people end up liquidating their positions because they were too confident and took on high leverage; I have seen too many such cases.
💡 Lastly, here’s a piece of advice for everyone: Think independently, and do not let market emotions affect your judgment.
Do you think I’m right? Let’s discuss your views in the comments!
After years of struggling in the crypto market, how can newcomers avoid pitfalls in the crypto market?\n\n1. **Don't leverage in a bull market**\n The market is always right; the mistakes are always ours. Don't complain about the market; learn to find the reasons within yourself. Every loss is an opportunity for growth. Summarize your experiences and lessons to avoid making the same mistakes next time.\n\n2. **Patience is the best virtue**\n Many people lose money in the market not because their skills are poor, but because their mindset is lacking. They become greedy when prices rise and fearful when they fall, which will never lead to profits. Investing is a marathon, not a sprint; it's about who can go further, not who can run faster.\n\n3. **Patience is the best virtue**\n Many people lose money in the market not because their skills are poor, but because their mindset is lacking. They become greedy when prices rise and fearful when they fall, which will never lead to profits. Investing is a marathon, not a sprint; it's about who can go further, not who can run faster.\n\n4. **Cognition is more important than anything else**\n In a bull market, everyone is a stock god; only in a bear market do you know who is swimming naked. Don't think you're amazing during a bull market; that's just an illusion created by the market. True ability is being able to make money even in a bear market.\n\n💡 Finally, here's a piece of advice for everyone: \nDon't chase highs and don't try to bottom out; patiently wait for your opportunity.\n\nDo you think I'm right? Let's discuss your views in the comments!\n\n#Tutorial #Mining #DollarCostAveraging #PositionManagement #NewcomerGuide
What Hoskinson is betting 200 million USD on is not the price of NIGHT, but the next phase of finance.
Cardano founder Charles Hoskinson personally invested 200 million USD in Midnight, and this news caused quite a stir in the industry. Some say it's sentiment-driven, others say it's hype, but after spending two days sorting this out, I found it's not that simple. How is this 200 million USD divided? 40% for attracting technical experts, 35% for developer incentives, and 25% reserved as regulatory capital, including a specific allocation of 50 million USD for a legal fund. This is not a configuration for speculating on coins; this is a firm commitment to confront the regulatory framework of traditional finance head-on. Hoskinson stated clearly in an interview that he does not aim to attract users from Zcash and Monero; the goal is large-scale mainstream adoption.
Speaking of which, how many points is everyone brushing on Binance Alpha every day?
The airdrops consumed in a month are not enough, should we continue to brush?
Charles Hoskinson bet 200 million USD, not on the coin price, but on the next stop of finance.
Charles Hoskinson, the founder of Cardano, personally invested 200 million USD in Midnight, and this news caused a stir in the community at the time.
@MidnightNetwork Outsiders see it as a big gamble, but I see it as a precise positioning. Now DeFi and RWA (Real World Assets) have reached a bottleneck, and the core pain point is privacy. Without privacy, institutional funds are afraid to enter the market.
Midnight uses ZK technology to create a compliant privacy layer, precisely hitting the golden intersection of regulation and application. That 200 million USD, 40% is for hiring technical experts, 35% is for developer incentives, and 25% is reserved for compliance, including a 50 million USD legal fund.
This is not just speculation; this is a firm determination to confront the compliance system of traditional finance head-on. This is really impressive.
Recently, the market has been very volatile, and many friends have asked me that the essence of trading is contrary to human nature; can you achieve the following points.
1. **Only invest idle money that you can hold onto** Many people lose money in the market, not because their skills are poor, but because their mindset is lacking. When prices rise, they become greedy; when they fall, they become fearful. This way, they will never make money. Investing is a marathon, not a sprint. It’s about who can go further, not who can run faster.
2. **Do not believe any calls** Many people lose money in the market, not because their skills are poor, but because their mindset is lacking. When prices rise, they become greedy; when they fall, they become fearful. This way, they will never make money. Investing is a marathon, not a sprint. It’s about who can go further, not who can run faster.
3. **Do not believe any calls** In a bull market, everyone is a stock god; only in a bear market do you know who is swimming naked. Do not think you are amazing during a bull market; that is just an illusion created by the market. True ability is being able to make money in a bear market.
4. **Patience is the best virtue** Information asymmetry is the biggest source of profit in this market. If you know information earlier than others, you have one more opportunity to make money. So, you should learn more, pay attention to industry dynamics, and improve your cognitive level.
💡 Finally, here’s a piece of advice for everyone: Do less short-term trading, watch more and act less; long-termism is the way to make big money.
Do you think I am right? Let’s discuss your views in the comments!
Recently, many fans have asked me about the 5 most worth-investing cryptocurrency sectors in Q2 2026.
1. **Patience is the best virtue** The market is always right; the wrong is always us. Don't complain about the market; learn to find reasons within yourself. Every loss is an opportunity for growth. Summarize your experiences and lessons so that you can avoid making the same mistakes next time.
2. **Do not go against the trend** Information asymmetry is the biggest source of profit in this market. If you know something before others, you have more opportunities to make money. Therefore, study more, pay attention to industry dynamics, and improve your cognitive level.
3. **Learn to take profits but also learn to cut losses** The market is always right; the wrong is always us. Don't complain about the market; learn to find reasons within yourself. Every loss is an opportunity for growth. Summarize your experiences and lessons so that you can avoid making the same mistakes next time.
4. **Independent thinking leads to profits** During a bull market, everyone thinks they are a stock god, but you only know who is swimming naked during a bear market. Don't feel too impressive during a bull market; that's just the illusion given to you by the market. True ability is making money even during a bear market.
💡 Finally, here's a piece of advice for everyone: Investment is the monetization of cognition; you can never earn money beyond your cognition.
Do you think I'm right? Let's discuss your views in the comments!
Is the transparency of blockchain killing its future?
Yesterday I was drinking with a big brother in cross-border payments, and he said something that left me speechless. He said: You in the cryptocurrency circle brag about decentralization, transparency, and immutability all day, but do you know? For us doing business, transparency is equivalent to running naked. Think about it. If a fund's wallet address is exposed by competitors and they are monitoring every transaction in real time, do you still have a chance? If a hospital's patient data is fully on-chain and public, which patient would dare to seek treatment? This is not a revolution; it is clearly showing your cards to the whole world. So after more than a decade of Web3, the truly implemented commercial applications can be counted on one hand.
Three years ago, I missed ETH, don't miss this wave of privacy needs again.
Brothers, the mainnet countdown is two weeks, NIGHT is now priced at $0.05, I think this is the market's cognitive dividend period.
This is not just talk; let's look at some data: 57,000+ real test addresses, a 300% increase in three months; Google and Vodafone are personally running nodes; in the past 24 hours, the volume of 150 million dollars hasn't shrunk—this is not a new project, it's clearly institutions secretly accumulating.
The logic of Midnight is very simple: in the future Web3, privacy is not a luxury, it is a basic configuration. Just like a phone comes with a password lock, no one would buy a phone without protection.
@MidnightNetwork get on board now, what you're buying is not air, but a ticket to the next wave of commercial application explosion.
If you don't understand, I suggest you go to the official website and run the Midnight City simulator, then come back and decide whether to buy around 0.048. There aren't many opportunities left in these two weeks before the mainnet launch.
After years of struggling in the cryptocurrency market, I took 3 years to understand the truth of trading, and today I will tell you everything.
1. **Risk control is always the top priority** In this market, you must always maintain a sense of awe and never think you are smarter than the market. Many people end up in liquidation because they are too confident and use high leverage; I have seen too many examples of this.
2. **Do not use leverage in a bull market** Many people lose money in the market not because of poor skills, but because of a bad mindset. They become greedy when prices rise and fearful when prices drop, and this will never lead to profit. Investing is a marathon, not a sprint; it’s about who can go further, not who can run faster.
3. **Do not easily catch the bottom in a bear market** The market is always right; we are the ones who are wrong. Do not complain about the market; learn to find reasons within yourself. Every loss is an opportunity for growth; summarize your experiences and lessons to avoid making the same mistakes next time.
4. **Do not go against the trend** The market is always right; we are the ones who are wrong. Do not complain about the market; learn to find reasons within yourself. Every loss is an opportunity for growth; summarize your experiences and lessons to avoid making the same mistakes next time.
💡 Finally, here’s a piece of advice for everyone: Do not chase highs, do not catch bottoms, and patiently wait for your opportunity.
Do you think I am right? Let’s discuss your views in the comments!
Today, I want to share with you an experience I have summarized over the years: Will DeFi Summer 2.0 arrive this year?
1. **Patience is the best virtue** The information gap is the largest source of profit in this market. If you know something earlier than others, you have more opportunities to make money. So, it's important to learn more, pay attention to industry trends, and improve your cognitive level.
2. **Cognition is more important than anything else** The information gap is the largest source of profit in this market. If you know something earlier than others, you have more opportunities to make money. So, it's important to learn more, pay attention to industry trends, and improve your cognitive level.
3. **Do not trust any calls** The market is always right; the mistakes are always ours. Do not complain about the market; learn to find the reasons within yourself. Every loss is a growth opportunity. Summarize experiences and lessons learned to avoid making the same mistakes next time.
4. **Learning to take profits is as important as learning to cut losses** In a bull market, everyone is a stock god; only in a bear market do you know who is swimming naked. Don't think you're great during a bull market; that's just an illusion created by the market. True ability is being able to make money even in a bear market.
💡 Finally, here’s a piece of advice for you: Risk is always the first priority; preserving your capital is more important than anything else.
Do you think I'm right? Let's discuss your views in the comments!
Can you believe it? The biggest problem with blockchain is actually 'too much transparency'!
Brothers, I have to talk to you about a heart-wrenching fact today. After so many years in Web3, do you ever feel this way: clearly it's said to be decentralized, but your wallet balance, transaction records, and even what you bought in some shady projects are all visible online. It feels like walking down the street in a transparent outfit, and anyone can see you completely exposed. A few days ago, I was drinking with a friend who works in funds, and he said something that enlightened me: 'It's not that we don't want to go on-chain, it's that we don't dare. I just built my position, and if competitors see the on-chain data, they could crush me the next day.'
NIGHT creators' event makes me want to give up; no matter how I write, it doesn't add points.
I want to know how to write to earn points?
I originally wanted to say that finally there's a project, @MidnightNetwork allows me not to 'run naked' anymore!
To be honest, after being on-chain for so long, the most annoying thing is that transaction records are visible to the entire network. What you buy and sell, who you trade with, how much balance you have, all transparent!
The Midnight Network privacy chain truly understands me; the dual-token design is brilliant: hold NIGHT for a sense of achievement, and use DUST for a sense of privacy protection.
As Hodler said, we are not those geeks who shout for complete anonymity every day; we're just the billions of 'ordinary people who haven't realized they need privacy.'
But once you experience trading on Midnight, where the other party can see what they should see (compliance proof) but cannot see what they shouldn't see (specific data), you can't go back.
In this day and age, choosing Midnight is telling the world: I want Web3 and to be the master of my own data.
Today, I want to share with you an experience I have summarized over the years, analyzing market trends and strategies after Bitcoin halving.
1. **Do not go against the trend** In a bull market, everyone thinks they are a stock god; only in a bear market do you know who is swimming naked. Don't think you're great during a bull market; it's just an illusion created by the market. True ability is being able to make money even in a bear market.
2. **Independent thinking is the key to making money** In this market, you must always maintain a sense of awe and never think you are smarter than the market. Many people become overconfident, using high leverage, and end up facing liquidation; I have seen too many such cases.
3. **Do not use leverage in a bull market** Many people lose money in the market, not because of poor skills, but because of a bad mindset. When prices rise, they become greedy; when they fall, they become fearful. This way, you will never make money. Investing is a marathon, not a sprint; it's about who can go further, not who can run faster.
💡 Finally, here's a piece of advice for everyone: Independent thinking, do not let market emotions affect your judgment.
Do you think I am right? Let's discuss your views in the comments!
Being a 'lazy miner' in the Night ecosystem, I discovered a more stable approach than simply earning rewards.
Brothers, did you stay up last night watching the market? I did stay up, but instead of staring at the K-line, I was zoning out in the creator's backend of @MidnightNetwork . To be honest, my mindset has changed in this round of earning rewards. In the past, I would jump into activities like a headless chicken, and after calculating the gas fees, I realized I had wasted a lot of effort. Recently, I've figured out a trick on Night—turning 'earning' into 'nurturing' actually feels better. Let's talk about something practical first. The spot trading competition is something that veteran players are well aware of. With 150,000 slots available, there are still about 100,000 left. The project team is indeed not playing around this time. But I advise you not to think about maxing out the rewards right from the start. I did some calculations: spending 3,000 U, the loss is about 2.5 U (remember to use BNB to offset transaction fees if there’s no rebate; this opportunity shouldn’t be missed), and recovering 2-12 U. The minimum guarantees your capital, while the maximum depends on luck, but the advantage is that the pool is large; unlike some projects where only the top 100 get benefits, here the top 150,000 all get a share.
Recently, the market has been very volatile, and many friends have asked me to analyze the three major risk points in the current cryptocurrency market.
1. **Risk management is always the top priority** The information gap is the biggest source of profit in this market. If you know something earlier than others, you have more opportunities to make money. So, it's important to study more, pay attention to industry trends, and improve your understanding.
2. **Do not go against the trend** The market is always right; the wrong ones are always us. Don't complain about the market; learn to find reasons within yourself. Every loss is an opportunity for growth. Summarize your experiences, so you can avoid making the same mistakes next time.
3. **Independent thinking is the key to making money** In a bull market, everyone thinks they are a stock god; only in a bear market do you realize who is swimming naked. Do not think you are impressive during a bull market; that is just an illusion created by the market. True ability is being able to make money even in a bear market.
4. **Investing spare money allows you to hold on** In this market, you must always maintain a sense of reverence and never think you are smarter than the market. Many people end up in a liquidation situation because they are too confident and leverage too much. I've seen too many such cases.
💡 Finally, here’s a piece of advice for everyone: Investment is the realization of understanding; you can never earn money beyond your understanding.
Do you think I am right? Let's discuss your views in the comments!