What are the foolproof ways to make money in the crypto world?
Every day we hear about so-and-so becoming rich in the crypto world, and so-and-so jumping into the dog coin A8 again. It seems like everyone has their own set of methods, and those who succeed can naturally talk big. Of course, these methods may not necessarily be shared with you, but it's worth reflecting on a question: are these methods really suitable for us? Does being advanced mean being correct? Are there any simple methods that can withstand the test of time? This article aims to systematically outline a few relatively low-threshold, actionable ways to make money for ordinary investors.
Why is the crypto world so addictive, hard to quit!?
Don't laugh, I really relied on a "silly method" to make 240 times in the crypto world! Sounds like a story, but I really relied on it to turn 200,000 into more than 50 million! Four years ago, I was just like you, looking at K-lines every day, studying MACD, RSI, and staring at various indicators until my head hurt. As a result, my account didn't grow much, but I had a pile of liquidations. Until later, an old trader told me a phrase: "In the crypto world, the smarter people are, the more likely they are to lose." The ones who can really make money are those who "listen, have strong execution, and follow the rules"! He said he's been using a super simple method: "343 batch building method". At that time, I didn't believe it, thought it was too silly and mechanical. As a result, after trying it once, I was hooked!
When I graduated from college, I earned about 4 million, with a principal of 50,000. I never worked after graduating from college. I just played in Kunming and Dali, didn't buy a house, didn't buy a car. I spent 1,500 a month.
How I made money: 1. With a principal of 50,000, I did projects in college, affiliate marketing, order brushing, express delivery, and various small tasks, saving up 50,000. 2. Entering the cryptocurrency market, I thought BTC was too expensive, so I kept playing with ETH. ETH has leverage, and then there are altcoins. Choose coins and manage your positions well. Just execute this simple idea continuously; when the market is bad, I lose a little, and when the market comes, I earn a lot.
Recently, people around me who trade cryptocurrencies are puzzled.
Bitcoin's supply is clearly decreasing. The number of people wanting to buy hasn't decreased, so it should be rising, yet the price continues to decline, unable to hold even the psychological barrier of 100,000 dollars. Some say this is due to panic selling, but if you think about it carefully, what truly drags down the market is the bottleneck in the U.S. Treasury's "purse." Since the U.S. government shutdown, the Treasury has been in the embarrassing situation of having "money available but unable to spend it"—holding over 150 billion dollars in cash, yet unable to flow into the market due to procedural bottlenecks.
It's like pulling the "live water" out of the market; the crypto circle is already most sensitive to capital flow, and with no money coming in, the market naturally can't sustain itself, so the price can only slide down.
Hong Kong Securities and Futures Commission Warning: Beware of New Trends in "Layered Trading" Money Laundering
On November 17, the Hong Kong Securities and Futures Commission issued an important circular, sounding the alarm to the market: Recently, a new trend of money laundering has emerged that utilizes licensed brokers and licensed virtual asset platform accounts for "layered trading." This development seriously threatens the stability and security of the financial market.
Criminals, in order to achieve money laundering objectives, employ extremely covert and complex methods. They make frequent, small, and fragmented deposits to gradually inject illegal funds into licensed brokers or licensed virtual asset platform accounts. This operation appears to be normal trading but is actually laying the groundwork for subsequent money laundering steps. After completing the deposits, they quickly withdraw the funds and transfer them to different bank accounts or convert them into virtual assets, then withdraw them to non-custodial wallets. Through this series of complex operations, the source and flow of funds are thoroughly obscured, making it difficult for regulatory authorities to track and identify.
To help licensed institutions effectively identify and prevent such money laundering activities, the Hong Kong Securities and Futures Commission has listed several typical warning signs. These signs are like the "clues" left by criminals, which licensed institutions must closely monitor. At the same time, the Commission requires licensed institutions to further strengthen transaction monitoring, conduct strict reviews of changes in bank accounts and wallet addresses, and enhance vigilance when handling customer deposit and withdrawal transactions. Once suspicious transactions are detected, they should not be taken lightly; timely in-depth investigations should be initiated, and suspicious transaction reports must be submitted to the Joint Financial Intelligence Group in accordance with regulations.
The issuance of this circular by the Hong Kong Securities and Futures Commission reflects its firm determination to maintain the order of the financial market and combat money laundering crimes. As important participants in the financial market, licensed institutions bear the important responsibility of preventing money laundering risks. Only by strictly implementing regulatory requirements and strengthening internal management and risk prevention can the spread of this new trend of "layered trading" money laundering be effectively curbed, ensuring the healthy and stable development of Hong Kong's financial market. #加密市场回调 $ETH$BTC
Boyaa Interactive's performance in the first three quarters is impressive, and its layout in cryptocurrency assets has attracted attention
The Hong Kong-listed company Boyaa Interactive (00434 HK) recently announced its financial performance for the first three quarters of this year, achieving remarkable results with significant growth in several key indicators.
In terms of profitability, the company's profit attributable to shareholders for the first three quarters reached 487 million RMB, a substantial increase of 108.34% compared to the same period last year, demonstrating strong profitability. The adjusted net profit was 503 million RMB, further highlighting the profitability level of the company's core business. Looking specifically at the third quarter, the performance was also commendable, with a profit attributable to shareholders of 261 million RMB, while there was a loss of approximately 79.298 million RMB in the same period last year, successfully turning losses into profits, showing a remarkable growth trend in profits.
In terms of revenue, Boyaa Interactive performed steadily in the third quarter, with quarterly revenue increasing by 11.4% year-on-year, reaching 128 million RMB. This growth not only reflects the company's ongoing ability to expand its business in the market but also indicates that its products and services possess strong competitiveness, attracting more customers and thereby promoting steady revenue growth.
In addition to the impressive financial data, Boyaa Interactive's layout in the field of cryptocurrency assets has also garnered significant attention. As of September 30, the company held approximately 4091 bitcoins, with an average holding cost of about 68114 USD/coin. Against the backdrop of significant fluctuations in the current cryptocurrency market, Boyaa Interactive's holding of a certain scale of bitcoins not only demonstrates its proactive exploration of emerging asset allocation but also brings new possibilities for the company's future asset appreciation and business development.
Overall, Boyaa Interactive has achieved excellent results in its financial performance in the first three quarters of this year, with significant improvements in profitability and revenue levels, while its forward-looking layout in the cryptocurrency asset sector adds new highlights to its future development. The market will closely monitor its subsequent dynamics in business expansion and asset allocation, hoping that the company can continue to maintain a good development trend and create more value for shareholders. #加密市场回调 $ETH$BTC
Crypto Circle Shock! Bitcoin Drops Below 106,000, 130,000 People Liquidated: Why Do Black Swans Keep Coming?
The crypto circle is once again facing a dark moment! Bitcoin plummeted in a single day, dropping below the 106,000 dollar mark, with Ethereum experiencing a more than 7% decline in 24 hours, while mainstream currencies like XRP and Cardano also took a dive. Even more eye-catching is that 133,600 investors across the network have tragically been 'harvested', with 588 million dollars in contract funds disappearing into thin air within hours, and the largest single liquidation amount reaching as high as 11 million dollars. Who is behind this sudden 'bloodbath'?
The hacker attack has torn open the first crack. The defensive system of the cryptocurrency market has first 'fallen'. Recently, the Balancer protocol encountered a severe hacker attack, where the attacker exploited a smart contract vulnerability for rampant arbitrage, resulting in losses exceeding 100 million dollars for the platform and users. This is not an isolated incident; since the beginning of this year, security incidents in DeFi protocols have been frequent, with the total amount stolen by hackers exceeding 3 billion dollars in just the first three quarters.
Do you think there are two hundred thousand people in the cryptocurrency circle now?
I think the statement of this iron juice is relatively rigorous, there are probably about 10 million people in the cryptocurrency circle.
I am Xiao Xiao Yue, nice to meet everyone, Xiao Xiao Yue focuses on Ethereum contract spot ambush, the team still has positions available, get on board quickly, take you to become the dealer and also become a winner.#山寨季來了? $ETH$BTC
I. Basic Concepts 1. Blockchain: Distributed ledger technology where all data is recorded in block form. 2. Consensus Mechanism: The method by which network nodes reach agreement. 3. Decentralization: No single central control, power is dispersed. 4. Public Chain: An open blockchain that anyone can participate in. 5. Private Chain: A blockchain that can only be accessed by specific members. 6. Consortium Chain: A blockchain jointly maintained by multiple organizations. 7. Node: A computer participating in the blockchain network. 8. Hash: An algorithm that converts any data into a fixed-length string. 9. Smart Contract: A blockchain contract that executes automatically.
Why are there fewer and fewer people with understanding in the cryptocurrency world?
Deeply engaged in the cryptocurrency world for a full decade. Starting in 2013 with a clueless entry using 100,000 savings, losing 80% in six months, to now having account funds surpassing 80 million, purchasing 3 properties, and driving a big G and a Porsche —— in these ten years, I've encountered more pitfalls than profits, and the core that supported me to crawl out of the loss mire and achieve stable profits can be summed up in two words: system. Many people treat cryptocurrency trading as a game of 'betting on size', relying on intuition, listening to news, and chasing highs and lows, ultimately becoming the 'chives' of the market. However, I have spent over a decade verifying that the crypto world is not a casino, but a trading battlefield that requires 'rules + execution'.
As a complete novice suddenly interested in the cryptocurrency market, how can I avoid pitfalls?
There are many opportunities in the cryptocurrency market, but there are also huge risks. By starting to pay attention to and learn about the cryptocurrency market now, you might gain more opportunities than those around you. Compared to other markets, the cryptocurrency market is much more volatile. For example, BTC has dropped below 100,000 USD again, with a daily drop of several points. Long positions have been liquidated, and spot positions are trapped. New players can easily panic and cut their losses. New players interested in the cryptocurrency market need to learn and understand it first to avoid pitfalls. You can gradually deepen your understanding through a few methods. Learning and understanding first is essential to potentially making money in this space.
Ethereum co-founder leads the release of the "No Trust Declaration", DeepSafe opens a new journey in trustless practice
Recently, Ethereum co-founder Vitalik Buterin, along with Yoav Weiss and Marissa Posner, jointly released the milestone "No Trust Declaration". This declaration is like a heavy bomb, stirring ripples in the blockchain and decentralized systems field, pointing the way for the industry's development.
The declaration clearly states the "three no trust laws" that decentralized systems must strictly follow, as if constructing a solid foundation for the decentralized world. The first is "no critical secrets", meaning that the system should not rely on any single critical secret for operation, avoiding systemic risks caused by secret leaks, and ensuring the security and stability of the system are not influenced by individual factors. The second, "no indispensable intermediaries", emphasizes the core characteristic of decentralized systems, which is to reduce reliance on specific intermediaries, allowing all participants in the system to interact in an equal and autonomous environment, enhancing the degree of decentralization and resistance to censorship. The third, "no unverifiable results", requires that all results generated by the system must be verifiable, ensuring the authenticity and transparency of information and preventing fraud and manipulation.
At the same time as the declaration was released, DeepSafe, as a pioneer in engineering practice, actively responded and attempted to provide a trustless verification layer in line with the "three no trust laws". It cleverly integrates multiple advanced technologies such as MPC+TEE, random committees, zero-knowledge proofs, and on-chain auditable processes. MPC+TEE ensures the secure computation of data, random committees enhance the randomness and fairness of the system, zero-knowledge proofs achieve verification under privacy protection, and on-chain auditable processes ensure the transparency and traceability of all operations. Through the synergistic effect of these technologies, DeepSafe has built a solid and reliable trustless verification layer for decentralized systems, promising to promote the development of decentralized systems towards a more secure, fair, and transparent direction, opening a brand new trustless era. #加密市场回调 $ETH
Perpetual Contract DEX Aster Buyback Plan New Update: S3 is Coming to an End, S4 is Gearing Up
Recently, the perpetual contract decentralized exchange (DEX) Aster released important tweets on social media, disclosing the latest progress of its highly anticipated buyback plan, attracting widespread attention in the cryptocurrency sector.
Aster announced that its S3 buyback plan has entered the final stage. In this round of buyback actions, Aster demonstrated strong financial strength and firm market confidence. So far, the S3 buyback plan has spent a total of 49,299,999 USDT, which shows Aster's high regard for its project development and its commitment to the market. Meanwhile, the total amount of ASTER tokens repurchased is also quite considerable, reaching 47,065,444 tokens. Such a large-scale token buyback not only helps reduce the circulating supply of tokens in the market, enhancing the scarcity of tokens, but also reflects the good operational status and healthy financial condition of the Aster project in the market, providing a boost of confidence to investors.
As the S3 buyback plan nears completion, Aster has brought exciting news: the S4 buyback plan is about to officially launch. The announcement undoubtedly brings new expectations to the market. Aster stated that detailed information about the S4 buyback plan, including the specific allocation of buyback costs, the start date of the buyback, and the buyback address, will be officially announced soon. This arrangement reflects Aster's team's rigorous work attitude and allows sufficient preparation time for market participants.
For Aster's investors and followers, the launch of the S4 buyback plan is undoubtedly an important opportunity. It may further promote the value of the ASTER token and lay a more solid foundation for the long-term development of the entire project. Various parties in the market are closely monitoring Aster's subsequent developments, hoping that the S4 buyback plan can continue the success of S3 and bring new vitality and opportunities to the cryptocurrency market. #加密市场观察 $ETH$BTC
Why do people keep losing money in the cryptocurrency market?
The rolling warehouse secret obtained through ten years of blood and tears: The operational rules behind 300 times profit I spent ten years, blew countless positions, and finally realized this 'mindless rolling warehouse method' — 300 times in 3 months, 30 million in hand. Today, I reveal everything; those who understand have already begun adjusting their strategies... Five steps to rolling warehouse kill Waiting for the wind: Only act when mainstream coins like ETH show rolling warehouse trends Precise ambush: Open positions only when clear technical signals appear Pursue victory: Gradually increase positions after confirming the trend Take profits: Reduce positions immediately upon reaching targets or signaling danger Withdraw unscathed: Decisively liquidate before market reversal
Having traded cryptocurrencies for over 10 years, I have experienced both significant losses and gains. I have encountered 90% of the pitfalls in the crypto world and have not missed any of the necessary detours. The journey to where I am today is all based on real-world experience in the crypto space! If you want to get a share of the crypto pie in the coming years, take a few minutes to read this article carefully and see how I turned 8000 into a fortune of over 100 million in 10 years in the crypto world! The following is divided into three parts, summarizing my experiences in the crypto world: Table of Contents: 1: Contract Experience 2: Trading Techniques 3: Position Management Experience
Contract Experience
Avoiding Pitfalls in Crypto Leverage Contracts: 4 Liquidation Traps and 3 Steps for Safe Operations
My 10-year journey of blood, sweat, and tears in the crypto world, starting with futures trading, growing from 19,700 USDT to 5 million USDT, I survived as a crypto "phoenix" thanks to this "rebellious position" strategy. Ten years ago, on that stormy night, I stared at my account balance of 19,700 USDT and 20,000 USDT in debt. My girlfriend's "red and green candle theory" after slamming the door and leaving still echoed in my ears. Back then, I swore I'd chop off a finger if I ever touched a contract again. Now, my finger is still there, but I've gained a survival strategy ingrained in my bones: "rebellious position management." This isn't a tutorial; it's a "life-saving philosophy" I learned through three margin calls and two bouts of insomnia. I'm breaking it down for you today. Copying it exactly might not work, but the underlying principles can definitely save your life.
Small funds quickly grow large | 250U rolls out three positions, small positions can be enlarged but need to catch the one-way market, then continuously add positions with floating profits. Last week, ETH rolled from 2500 to 23000, nearly 80 times. Although the final profit retraced by half, the key to rolling positions is entering at critical points and entering on each pullback. Pullbacks can be chosen at small cycle FVG and at the 0.3 retracement level.
I am Xiaoxiao Yue, nice to meet everyone. Xiaoxiao Yue focuses on Ethereum contract spot ambush, the team still has spots available, join us to become the market maker and also a winner.
What are your trading strategies in the cryptocurrency market?
I have been trading cryptocurrencies for over 10 years, and I have summarized the (mindless rolling method): 300 times in 3 months, earned 30 million. If you also want to take a share of the cryptocurrency market, take a few minutes to read this article carefully, and you will benefit for a lifetime! How to achieve rolling positions by adjusting your holdings. 1. Timing: Only enter the market when conditions are right for rolling positions. 2. Open position: Follow the signals from technical analysis to find the right timing to enter. 3. Add position: If the market is moving in your direction, gradually increase your position. 4. Reduce position: When you have made the expected profit, or when the market seems a bit off, slowly sell.
The Supreme Court focuses on the disposition of virtual currencies involved in cases, and a nationwide unified rule may accelerate implementation
Author: Lawyer Liu Zhengyao
At the eighth national criminal trial work conference, the Supreme People's Court placed the topic of 'disposition of virtual currencies involved in cases' in an important position, emphasizing the need to further improve judicial rules and standardize judgment criteria. This measure undoubtedly points out the direction for the current field of disposition of virtual currencies involved in cases, attracting widespread attention from the legal community and the industry.
In recent years, with the rapid development of digital technology, virtual currencies have gradually entered the public eye. However, their characteristics of anonymity and decentralization have also been exploited by criminals, becoming tools for committing crimes. The number of new types of criminal cases such as 'virtual currency + financial crime' and 'virtual currency + cybercrime' is continuously rising, posing a serious threat to social order and financial security.
In the face of this severe situation, public security and judicial authorities in various regions are taking active action, exploring the disposition mechanism for virtual currencies involved in cases. However, due to the lack of unified guiding standards and normative processes, there are significant differences in disposal methods, evidence identification, and value assessment across different regions, leading to inconsistent judgment results in judicial practice, affecting judicial fairness and authority.
The Supreme Court's inclusion of 'disposition of virtual currencies involved in cases' as a key topic has significant practical significance. This means that in the future, it is highly likely that our country will form a nationwide unified model for the disposition of virtual currencies involved in cases. From the perspective of rules, unified judicial rules will clarify the identification standards, disposal procedures, and responsibility allocation for virtual currencies involved in cases, providing clear guidance for judicial practice; from the platform perspective, it may even build a nationwide unified disposal platform to achieve centralized management and unified disposal of virtual currencies involved in cases, improving disposal efficiency and transparency.
The formation of a nationwide unified rule will help enhance judicial credibility, maintain market order, and protect citizens' legitimate rights and interests. We look forward to relevant rules being introduced as soon as possible to provide a solid institutional guarantee for the disposition of virtual currencies involved in cases. #加密市场观察 #Strategy增持比特币 $ETH$BTC