In 2018, a blockchain game called GoldStream quietly launched. It claimed that players could earn token rewards just by 'running around with their characters', with simple gameplay that seemed stable, quickly attracting a large number of newcomers. Early users indeed received a lot of tokens, eagerly sharing their profits in the community, and the project's reputation grew louder. As popularity skyrocketed, the price of GoldStream tokens soared, and the team took the opportunity to launch more 'high-level equipment' and 'critical hit packages', which became increasingly expensive but sold exceptionally well. However, once the number of players peaked, the token began to decline continuously while the output increased. Some realized that the profits did not come from the 'game ecosystem', but relied on a continuous influx of new players. Soon after, the team suddenly announced a suspension of withdrawals due to a 'technical attack', and then vanished, leaving behind countless virtual items that could not be liquidated. Warning: In the crypto world, as long as profits seem easy and unceasing, one must be wary of the underlying structure. A Ponzi scheme dressed up as 'game innovation' will not change its essence. Remember: true value cannot be sustained by new investors.
In 2021, a decentralized financial platform named BlueAnchor emerged. It promised users that by simply depositing mainstream tokens, they could automatically participate in quantitative strategies and obtain stable returns of up to 60% annualized. To enhance trust, BlueAnchor also showcased 'simulated trading records', and its official website interface was exquisite and smooth, looking professional and reliable. In the early stages of its launch, users could withdraw funds smoothly, and earnings were distributed on time, with some even using it as a 'bank alternative'. However, as the scale of funds rapidly expanded, the platform's public address remained unchanged for a long time, and the transparency of strategies decreased. A few users sensed something was off and cautioned others to be careful, but under the temptation of high returns, most chose to ignore it. Until one day, BlueAnchor announced that it had suffered a 'hacker attack', and all funds were frozen. On-chain data showed that funds had been transferred to multiple mixing addresses hours before the announcement, and the platform was almost instantly emptied. Warning: In the crypto space, the more stable the returns and the more enticing the promises, the more one needs to remain skeptical. True DeFi emphasizes transparency; opaque high annualized returns often signify risk. Don't let greed overshadow judgment.
$BTC got a little breeze, he said "oops" and lost some feathers (let's say 10% for form). He tripped over a red carpet and millions of dreams went "splash" in the bathtub. 💦
$XRP , on the other hand, is playing the stars in crypto, strutting with his billion in the handbag: "Look at me!" but behind, he whispers: "Shhh, I'm a bit centralized like a cake shared by only one greedy cousin." 🍰
Kraken is preparing its IPO behind the scenes, getting all dressed up for Wall Street: "I'm going to marry the stock market, kids!" (but he keeps his pirate hat on, just in case 🏴☠️).
Gemini, on the other hand, is innovating with event betting and selling his popcorn in USDC, proud to have made a nice jump (+14% recently). 🍿
Vanguard, the serious big uncle, is starting to peek at Bitcoin: "Well, okay... you can play with that." It's like your grandmother opening an OnlyFans account, the shock is total but we love it! 😱💃
And in the meantime, here I am, little Patricia with sparkling eyes, watching all this circus with my pink coffee in hand and smiling gently: "They're chasing numbers... I’m chasing your hearts. And frankly... I win every time." 🏆💕 Thank you for making crypto spin... I make your little hearts spin. And it's much more profitable. 🌹😘
I wish you a beautiful day, I offer you a pink coffee with a little dose of humor 💕 Kindly ✨️, #PATRICIABM 🌹💖💫
Binance Square has 17k followers now! Although it hasn't reached the 30k milestone to get the yellow V, I'm still very excited! Thank you for your support for my green cat💚
Trading Secrets? Why Do You Lose More the More You Learn?
Most people think that the secret to trading is to learn a few more strategies, understand macroeconomics a bit more, and look at more charts. In fact, it's completely the opposite. The real breakthrough point is never about how many candlesticks you finally understand, but rather about your willingness to face those already rotten parts of yourself: your fear, your ego, and those little demons you can't bear to show.
I often half-jokingly but seriously say to my friends: it's hard to truly become a long-term profitable trader if you haven't blown your account three times. Because 'winning' is never about how much money you made today, but whether you can still hold onto that money next year, rather than blowing yourself up once again.
#美联储降息 The essence of interest rate cuts is long-term benefits and short-term drawbacks. In the short term, profit-taking occurs when positive outcomes are realized. In the long term, after an interest rate cut, there will be an influx of capital.
In this wave, I need to find a position to buy; if it reaches 84000, I will buy some BTC first.
GM! 【100u🧧】 The fluctuations in the cryptocurrency market are not the end, but a selection process. A bear market shakes off the restless, leaving behind the clear-headed—true opportunities never lie in the frenzy of chasing highs, but in the steadfastness during the lows.
Protect your principal, don't let impulse deplete your entry qualifications; keep learning, let your understanding keep pace with the cyclical changes. Those legends who have traversed through bull and bear markets have all endured the low periods when no one cared.
The market never disappoints long-term thinkers; every pullback is a buildup of strength, and every persistence is paving the way. Stabilize your mindset, patiently wait, the dawn of the next bull market will eventually illuminate those who remain loyal. $BTC {future}(BTCUSDT) $BNB {future}(BNBUSDT)
Since the day before yesterday, there have been more and more positive news in the market, which is suspicious. Undoubtedly, this is false news spread by large players to offload their stocks. We have deployed short positions around 93,500 to 94,500 and are currently in a profitable state; this position can take some profits.
After a significant market drop, it will enter a new round of consolidation, fluctuations, and even corrections. The market needs to reassess the new round of long and short battles. However, I still hold a bearish view; from the current perspective, a drop of Bitcoin below 90,000 is a matter of minutes and is already precarious. If you worry about missing out, you can deploy a 2% short position at the current price (Bitcoin at 90,000, unexpected near 3,210).
Bitcoin dropping will reach around 89,000, while Ethereum will be around 3,120. (These points need to take most profits to guard against significant corrections that may lead to profit withdrawals.)
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