The Exaggeration of the Cryptocurrency World: It's Standard for the Sun's Valuation
1. Wealth Status in the Cryptocurrency World: In the past, cryptocurrency participants were not taken seriously, but now many are worth billions of dollars, mostly in cash. For example, when Trump issued a cryptocurrency, its market value surged to about 40 billion dollars overnight, with his personal unrealized profit around 30 billion dollars (80% share); at that time, it was just unrealized profit and had not been sold yet.
2. The Development and Controversy of Digital Currencies: Previously, digital currencies like Bitcoin were not recognized. If the US ETF acknowledges it, it is said that it would become a reserve like gold, which was considered a fantasy at the time. But now, many countries, governments, and the public are participating in purchases. Digital currency is decentralized, based on consensus, and differs from centralized fiat currency issuance mechanisms; it is primarily used for the free flow of funds, although there are also some issues.
3. Comparison of Innovation Environments between China and the US: The US has a high tolerance for innovation, allowing trial and error; experiences of startup failures are seen as accumulated experience. In contrast, China's investment, banking, and loan systems often involve unlimited joint liability, putting immense pressure on entrepreneurs after failure. The video creator believes that new things should not be subjected to a one-size-fits-all approach and should be treated with tolerance; otherwise, it will stifle innovation and potential opportunities.
If you are blindly guessing trends in the market alone, but always getting it wrong! If you lack support from technical and news fronts, and only look at the decline rankings and popularity rankings to make trades! Then it won’t last long. Follow me, Screen Lu 88, one or two trades daily, take profits when you see them.