“Is it true that if you can't make it in the crypto market, the US stock market is easy to make money in?”
❣️ First, let’s talk about the American financial system
Modern finance began around 1792, with the first financial agreement, the “Buttonwood Agreement” (I have also used this name for a community)
The Federal Reserve was established in 1913, marking the improvement of the financial regulatory system
To date, it has been over 200 years of development
The most complete and mature financial system in the world 🌍
Dominating global capital flows and financial innovation
❣️ Now let’s talk about our financial system
The central bank was established in 1948, but there was no complete financial system
Until 1990
The Shanghai Stock Exchange and Shenzhen Stock Exchange opened
The China Banking and Insurance Regulatory Commission and the China Securities Regulatory Commission were established
Only then was a complete financial market system established
It has only been around 40 years to date
However, with the development of our emerging technology finance, it has already become the second-largest financial market
❣️ Cryptocurrency Finance
Starting from 2008 when Satoshi Nakamoto released the #btc whitepaper, in just 15 years
Overall, it can be divided into 4 stages (4-year cycles)
1. Early Stage (2009-2013)
#btc mining, 3M and other scenarios and value representation
2. Rapid Ecosystem Development (2014-2017)
Driving industry value growth with #eth smart contracts, #ico, and other methods
3. Institutional Promotion of Industry Ecosystem Upgrade (2019-2022)
#defi #nft #gamefi …
Changes in the landscape of mainstream exchanges @binancezh
4. Compliance and Sovereignty Driving Industry Progress (2024-2026)
#etf #ElSalvador #BlackRock
The liquidity battle between Dex and Cex…
Each stage has its historical mission, but the industry market value continues to rise and is gradually being accepted by mainstream financial markets
❣️❣️❣️
Although, time does not equal maturity, and does not equal wealth effect
However, compared to more mature financial markets, the early market is certainly simpler
So, in the relatively early crypto space, facing many retail investors who can’t make money, thinking about rushing to a financial market that has been around for hundreds of years, facing institutions, capital, and countless seasoned traders, what makes you think you can win?
There is a saying: wolves eat meat wherever they are, and dogs eat shit wherever they are
Keep it up, brother! $BTC