Once the U.S. economy encounters problems, it will suddenly erupt without any of us knowing.
Because before the eruption, they will do everything possible to beautify the data to cover up the fact of economic collapse. Once it starts, it will be a devastating blow to the crypto world.
The U.S. has a circuit breaker mechanism, but the crypto world does not; a halving in value within an hour is also a high-probability event.
What will we do then?
The vast majority of people in the crypto world will be instantly bewildered; one moment they are envisioning luxury cars and beautiful women, and the next moment they start considering buying electric cars to join the yellow vest army.
Even without an economic crisis, this scene will occur at the moment a bear market arrives.
How can we avoid such things from happening to us? Everyone should start preparing for this now.
Of course, this bull market has not ended yet; thirteen is just giving everyone a reminder about the risks.
Never get complacent. Some people are making money in the crypto world, and when they go downstairs and take a look around, they feel there are so many poor people. They work hard selling a few pounds of vegetables to earn a little money, while I lie in bed and earn what they make in a month every day.
Once, I had dinner with a crypto friend, and a young lady came over to hand out flyers; they opened a flower shop.
At that time, this friend disdainfully said, 'Can this even make money? What age are we in...'
Later, the bear market came, and this friend went from being a wealthy person to being in debt, while the young lady who opened the flower shop still ran her shop and lived a comfortable life.
People in the crypto world must not detach from the realities of life; do not become disconnected from reality.
Otherwise, you will become complacent, thinking you are amazing, but in the eyes of others, you are just a clown.
To this day, the old man at the gate downstairs scoffs at thirteen, this person who stays at home doing nothing every day.
Several times he has advised me, 'Young man, it’s better to find a solid job; that way, you can feel secure.'
You can't rely on your parents...