Big Event! Why did GTJA International suddenly become popular?
🔥 Big event ignited! Yesterday, the Hong Kong stock GTJA International surged nearly 200% after obtaining a virtual asset license in Hong Kong!
👉 Why is this license a "money tree"?
It allows them to conduct virtual asset trading and consulting business! Simply put:
• Traditional financial giants have officially entered the cryptocurrency space!
• It means that Hong Kong's compliance door for virtual assets is opening wider!
• Institutions and large funds will find it easier to enter the market in the future!💰💰💰
🤔 What does this mean for us small investors?
The entry of "regular troops" into the cryptocurrency space is accelerating, and the energy landscape is changing! A more compliant and transparent environment is forming.
💡 At this time, we must talk about the "calming artifact" of the cryptocurrency space - stablecoins! (They are the first step for most transactions/entries!)
🔍 What are stablecoins? Simply put:
Like USDT and USDC, the goal is to firmly "peg" to 1 dollar💵. In the turbulent cryptocurrency world, they are your temporary "shelter"⚓️.
‼️ BUT! Stability ≠ Zero Risk!
1. "Trust Power Bank" Type (like USDT/USDC):
◦ There are companies (like Tether, Circle) supporting them, claiming that for every coin issued, 1 dollar is stored in the bank.
◦ Hidden risks: Are the companies reliable? Is there really enough money? If they are audited or experience a bank run (too many withdrawals), they might "lose power" (depeg and plummet)!
2. "Algorithmic Cultivation" Type (the former UST):
◦ Relies on a complex set of rules and token incentives to "automatically" maintain the peg (without sufficient dollars).
◦ Hidden risks: Fully dependent on belief! Once panic selling occurs, the algorithm fails, and it can instantaneously "go haywire" and crash!💥 (The Luna/UST disaster is fresh in our memory!)
✨ Tips:
• Stablecoins are tools, not guaranteed profit machines! Choosing USDT/USDC (currently mainstream) is relatively stable, but also pay attention to the issuer's dynamics and transparency.
• The promotion of compliance through licenses is a good thing, but also respect the risks!
