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Withdrawing 1000U in the cryptocurrency space has become increasingly risky, far from what it used to be. In the past, risks existed but were within a controllable range; since this year, it has felt more like gambling.
Why is this so? The market environment is becoming more complex. Initially, the flow of funds in the cryptocurrency space was clear, but now a large number of gamblers and speculators have flooded in, making the market murky, with "Pi Xiu Coin", "Dog Coin", and "Air Coin" rampant, leading to heavy losses on failed investments, depreciation of spot assets, and liquidation of contracts.
Furthermore, USDT carries hidden risks; it has become a tool for black and gray industries and fraud, often used for money laundering, resulting in soaring trading risks. A moment's inattention may lead to touching "dirty money", facing freezing or even confiscation, resulting in huge losses.
At the same time, policies are tightening, and regulation is strengthening. Huobi has been shut down, the CNY areas of OKEx and Binance are scarce, and domestic monitoring of capital flows is strict, making large USDT transactions easily criminal.
In the face of domestic economic pressure, capital controls are stricter, and large withdrawals must be legal and compliant.
However, opportunities still exist in the market; potential coins are expected to rise, with the possibility of doubling in the short term, and there are potential coins with a target space reaching 10 times by the end of the year. If interested, please like and comment for free sharing.