No matter how much you earn in the cryptocurrency world, if you can't safely withdraw your funds, it's all in vain!
Old Li is an experienced player I know, who entered the market in 2018 and has survived several bull and bear cycles. During last year's bull market, he heavily invested in Ethereum and several altcoins, multiplying his gains several times, with over three million in his account. During that time, he was smiling from ear to ear, feeling like he finally made it.
But the real problem arose when it came time to withdraw his funds.
He usually kept his funds in a major exchange, thinking, "It's such a big platform, it must be safe." However, when he tried to withdraw, he ran into trouble: withdrawal limits, identity verification, and it dragged on for a month, with his funds stuck. By the time he could finally access his money, the market had already crashed, and three million instantly shrank to just over one million. Just imagine that feeling; it's no different from losing everything.
This incident teaches us a harsh lesson:
👉 No matter how large your apparent wealth, the ability to withdraw your funds smoothly is the hard truth.
The cryptocurrency world has never lacked "paper millionaires," but those who can safely cash out their money are the true winners.
Some people boast about multiplying their investments, only to lose everything to hackers and phishing.
Some have tens of millions in their accounts but can't withdraw due to lack of compliant channels.
Others are accustomed to keeping their funds in hot wallets, only to wipe out their entire holdings with a single wrong authorization.
So, don't just think about how much you can earn; first, think clearly about how you can withdraw the money and how to keep it after you do.
Here's a harsh truth for you:
Those who enter the market are novices, those who hold positions are veterans, but those who can safely withdraw their funds are the ones who will laugh last.
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