Can you believe it? 50,000 yuan makes a profit of over 2,000 every day
Brother Sunny's journey, let me share a bit
Back in 2017, at the old Huobi exchange
With an account holding 50,000 yuan, how to make over 2,000 in a day
At that time, regulation wasn't so strict, including card freezes and lockdowns weren't as stringent as they are now
I was involved in the brick business on Huobi for more than half a year
I didn't go outside to collect USDT, just traded bricks between buyers and sellers on the exchange
I kept refreshing the buyer list, and some merchants would sell slightly cheaper, between 0.01-0.03, because being cheaper would get them prioritized at the top of the list. At this time, I would snap it up and use the 50,000 fund to buy their USDT. After that, I would directly refresh the seller side to see if there were any merchants buying at more than 0.01 above the market price, and if there were, I would sell directly.
This process took no more than 10 minutes to complete a brick transaction, moving about 50,000 yuan, with a profit of around 150-220 yuan. One account could handle about 10 to 20 transactions in a day without much problem, but the prerequisite was that I had to be quick with my hands.
I used to operate with 3 accounts, making at least over 1,000 USDT every day. I remember it was every day. The only risk was the fear of card freezes.
I did this for about half a year, mostly using Alipay and a little through bank cards, with a staggering amount of turnover.
After more than half a year, although I made some money, the reason I stopped later was that I felt it couldn't continue because my cards and Alipay accounts were gradually frozen. But fortunately, I didn't leave any money in them because at that time, it was all quick in and out, and money wouldn't stay in the cards overnight.
During that period, I didn’t even leave my room, constantly refreshing the list, afraid of missing something, because every 10 minutes could mean one or two hundred; it felt too easy to make money.
On this journey, Brother Sunny, like the vast majority of people, ran forward step by step. Keep it up, young man.
Let me share, I think the most conservative method for withdrawal
Today I woke up, and a friend told me
Her withdrawal was frozen by the judiciary, freezing 83,000 RMB
In fact, for withdrawals, I believe there are 3 feasible ways, everyone can refer to them
1: Don't look for the highest price to sell, generally those are new stores
2: When withdrawing, try to find some old stores that have been around for more than 2 years
3: Prioritize trading with old stores you have traded with before
4: When withdrawing, try not to send money to a bank card, it's best to use WeChat
5: For example, if withdrawing 100,000 funds, don't do it in one transaction, try to spread it out over multiple transactions, with each transaction amounting to several thousand to over ten thousand, minimizing risk, and don't be afraid of trouble
6: Never look for the next transaction, especially those that pay cash
7: When the withdrawal amount is large, it can be completed in several transactions a few days or even half a month in advance
8: In real life, there are many companies operating U's business, with large withdrawal volumes, and if you have channels, you can also find them
9: Try to choose some Blue Shield merchants
10: When funds are transferred to WeChat, you can transfer the funds into WeChat's savings account for investment, and then transfer it to others or pay back the credit card that needs repayment.
This series of actions is all aimed at reducing the risk of freezing
The Federal Reserve's interest rate cut in December has become a foregone conclusion.
The current market has no suspense regarding a 25 basis point rate cut.
The probability has now reached 86%, confirming a 25 basis point cut.
This rate cut can thus be said to be a done deal.
While the Bank of Japan is raising rates, the Federal Reserve is cutting rates.
From my perspective, there are still several benefits.
First: Japan's rate hike has led to a decline in global commodity prices.
Second: With the Federal Reserve cutting rates, it is possible to buy cheap assets.
Third: As long as the Federal Reserve continues to gradually cut rates, it will provoke wars and use tariffs as an excuse to strengthen the dollar.
The current phenomena can only be explained by one reason.
The Federal Reserve can cut rates, but it will not do so significantly unless global commodities are cheap enough; only then will it be willing to open the floodgates to buy high-quality global commodities at a low price.
Currently, I see more actions being taken to delay the strength of rate cuts while suppressing international trade with increased tariffs, provoking wars, and simultaneously strengthening the dollar to buy cheap assets.
Let's talk about the three things I regret the most in my life.
First: I only have an elementary school education and have never experienced what university life is like. When I hear my friends discussing college, I always remain silent because I started working right after finishing the second year of middle school at the age of 14.
Second: In October 2018, I sold 18 bitcoins to buy a Mercedes-Benz. At that time, each bitcoin was around 32,000 yuan, and I cashed out over 500,000 yuan. If I had kept those 18 bitcoins, they would be worth millions now.
Third: I bought a property in September 2020, cashing out part of my money from the cryptocurrency market to make the purchase. In hindsight, it was at the peak price, and I now expect to incur a loss of 50-60%. I still don't know if I can sell it or not. The following year, in 2021, brought a crazy bull market, so I dare not think about how much I have lost. If I hadn't cashed out the money for the property, during the bull market of 2021, it would have at least multiplied by ten times.
However, there is no remedy for regrets in life; every step is part of the journey. Without experiencing hardships, how can one see the rainbow? How can one know which is the best?
Is it that my dad is too trendy, or am I too outdated?
A few days ago, I gave him an old model phone, the iPhone 13 Pro Max, and after using it for two to three days, he said it was too slow.
He said that unlocking the screen is really slow, and the performance isn't fast enough, but just a few days ago he was still using the XR, and now the 13 isn't enough for him?
Why is that... He sarcastically told me that his XR is faster than my 13 and asked me to help him get a new model.
Every day is a headache, he doesn't play games, and he doesn't take photos.
Every day he is watching videos, and surprisingly, the 13 isn't enough for him either.
I was forced to buy 2 units of the 17, one for each of my parents.
Spent over 19,000, bought two phones.
Just about the price of one Ethereum, but as long as he's happy, that's all that matters.
Japan's interest rate hike has led to a global capital return
Is this an opportunity or a crisis?
Bitcoin's performance today is no exception, facing a bloodbath
Altcoins have almost dropped by 8-10%, while Bitcoin's decline is 6%
The overall market index shows extreme panic
Looking back at November 28, the People's Bank of China joined several departments to discuss Bitcoin
They convened to crack down on virtual currency trading speculation
This series of actions only deepens the panic among retail investors
In the face of the potential interest rate decision from the Bank of Japan on December 19.
Reviewing the policies of the Bank of Japan in recent years, the Bank of Japan's interest rate hike does not have a straightforward negative or positive impact on gold and silver; the bigger factor is liquidity.
Once Japan raises interest rates, international capital will sell off overseas assets to exchange for yen to repay debts, leading to short-term sell-offs of gold, commodities, etc., which will trigger fear.
Subsequent focus will be on the direction of the Federal Reserve's policy; silver and gold may experience short-term fluctuations and rebounds.
If Japan raises interest rates independently, the liquidity of gold and silver may pull back in the short term, but if this coincides with a trend of the Federal Reserve lowering interest rates, it could be more widespread.
Finally, a reminder to everyone: protect your holdings, don't let the market diminish your assets.
Because panic leads to the relinquishment of holdings, please view the market rationally.
Being fully invested or completely out of the market are both symbols of greed.
This statement holds true in any financial market!
During this time, friends often message me asking, the market is becoming increasingly confusing, and I can't understand it.
How the market will move is beyond our control; no one can predict the short-term ups and downs.
If you still stare at the K-line every day and care so much about the fluctuations in your account, then you are very likely not going to achieve results in this industry.
Put down all emotions, work when it's time to work, and don't open the exchange too frequently. Learn to invest regularly or keep funds ready for opportunities.