Every plunge in altcoins is good for Bitcoin! The collapse of stablecoins is also good for Bitcoin! It makes Bitcoin go up and down.
Stablecoins are unstable, and copycat get-rich-quick coins cannot make you rich. Everything is a lie made up by capital.
It's been really weird recently. After the copycats collapsed, the stablecoin FDUSD also collapsed. I remember that the stablecoin collapsed in 2018. When U collapsed, everyone couldn't withdraw money and converted it all to BTC. Bitcoin instantly exploded by more than ten points.
I said that if you hold a large amount of stablecoins, you will not be able to sleep well, but if you hold Bitcoin, you will sleep well.
Regardless of whether the information is true or false, FDUSD will fall first. If you hold this stablecoin at this time, it is better to get out.
Let’s talk about altcoins
The copycat industry has recently staged another textbook-level massacre, with millions of copycat gamblers collectively liquidated. Coins like ACT suddenly halved without any warning, directly shattering everyone's confidence in bottom-fishing.
At present, almost all altcoin players are cursing - this time's dog dealers are too lazy to even pretend, and they are sharpening the sickle more fiercely than any previous bull market. The shameless trading methods are simply refreshing.
Those altcoins that claimed to have a hundredfold potential were even more tragic, with their K-line charts collectively showing a high-altitude fall, and the project owners were too lazy to even erect tombstones for the leeks.
Now the screen is full of altcoins, just like a collective fire sale. New investors are uprooted as soon as they enter the market.
Those MEME coins and newly launched projects either sell them as soon as the coins are launched, or run away with the money, or simply give up. The K-line charts are all guillotines.
The brothers who were still showing off their orders in the group yesterday were dumbfounded when they opened their accounts today: buying spot goods can lead to losses to the point of a margin call. This magical market situation is really unheard of.
Some newcomers who have just entered the market are still asking in the group, "Didn't they say it was a bull market?", while the old investors have already collapsed in front of their computers with a bitter smile - buying spot goods can result in losses that resemble the visual effect of a contract being liquidated, and this wave of operations by the market makers has directly shattered the laws of physics.
Want to seek redress from the exchange? Their customer service had already set the automatic reply to "the market is risky", and the market maker had already run away to the Maldives with his sister-in-law.
The most heartbreaking thing is that retail investors only now see the truth: exchange risk control is roughly equivalent to sexy lingerie, and supervision? It doesn’t exist!
Gamblers like you and me who dream of getting rich quickly are nothing more than ATMs kept by dog dealers.
Ordinary people should never touch altcoin contracts (this is the fastest way to bankruptcy), and don’t even dream of snatching food from the altcoins controlled by the market makers.
They have the information gap, capital volume, and control power at their disposal. What can we use to compete with them?
If you really want to play with contracts, you might as well play with Bitcoin and Ethereum. Although it is also gambling, at least there are some patterns in the trends of these two giants.
But don't get me wrong, I'm not advising you to play with contracts, but I want to tell you that in this food chain, we retail investors are born prey.
Remember, all altcoins require inside information to invest heavily! I am the chef king! I have a lot of information! Leave 555! Five constant sharing!