Why are most people trading cryptocurrencies losing money, and what kind of mentality do they have?
Getting rich quickly? Speculation? Adventure? Following the trend? Yes, but not entirely correct. In fact, some people enter the crypto space to open this door and see what is happening inside! However, they start with contracts and gradually transition to spot trading. Moreover, most are trading coins rather than holding them, because trading coins is the shortcut to wealth. The inventor of Bitcoin is Satoshi Nakamoto, and some big shots in the crypto world started by trading stocks; they are savvy individuals. While they feast, we are content with a bowl of soup, so you currently need professional knowledge.
In fact, most people entering this fish pond of crypto initially feel like fish in water! Now they are still trying to navigate through murky waters! How many fish are left in the pond? How much water is left? Mainly because the lack of expertise is insufficient; for professional matters, find professionals, and the professionals are right here!
Feeling lost and unable to find a way out? Currently, the market is turbulent; walking alone is lonely. I am K God; only those who resonate on the same frequency can gather together! #美国加征关税 #美联储何时降息? #美国4月CPI数据回落 #加密市场回调 #币安投票上币
The cryptocurrency world is full of various myths; let's take a look at this year's star, the golden dog SHIB. As of now, if on October 24, 2020, you had bought $500 worth of SHIB and had held onto it without selling, you would now be among the ranks of millionaires—no, actually, tens of millions. You would also outshine many white-collar workers earning a six-figure salary each year.
To put it another way, five years ago, if you had $500, that would be less than 4,000 yuan; what would you have done with it? Would it even be enough for a trip with your girlfriend? Or to buy an electric bike? Or is it just your monthly foot spa expense? The crypto world is not short of opportunities for sudden wealth; if you invest 5,000 in crypto, how do you know that by this time next year, you won't be a millionaire or a multi-millionaire? Or perhaps a speculator in debt of hundreds of thousands?
All of this assumes you can find a diamond dog; for those in the know, 5,000 could be a chance at sudden wealth or a deadly trap. So, people should have dreams; what if they come true?
I wish all you retail investors can reach the shore soon, that everything goes smoothly, and that you make a fortune in this bull market, hitting your ideal financial targets! For those who like this, "Follow + Like" and comment 888 in the comment section. Do you have friends in the crypto world who are 'high' on it? Come share their stories in the comments~ #空投发现指南 #加密市场反弹 #美联储何时降息? #特朗普税改 #meme板块关注热点
It is already 2025. What should you do if your account is frozen after unfortunate circumstances with H mining in the cryptocurrency world?
Especially for players with slightly larger funds, one must be cautious when depositing and withdrawing. First, check with the bank where you opened your account to understand the reason for the card lock and the permissions associated with it.
1. Bank risk control. The bank's risk control is attributed to recent frequent large transfers, transferring funds from dispersed to concentrated accounts, transferring from concentrated to dispersed accounts, quick in-and-out transactions, frequent nighttime trading, and accounts with no balance, collectively referred to as "large card" abnormal transactions. At this point, the bank's anti-fraud risk control system is activated. 2. Uncle is stuck. Usually, accounts receiving other stolen funds are directly or indirectly related to the case. The authorities will stop payments and freeze all involved accounts to prevent fund transfers and facilitate investigation.
How to resolve the freezing reasons for these two types of cards? 1. For frozen bank risk control, bring your ID and bank card to the bank where you opened your account to contact them and submit relevant reconciliation proof. If there is a policy statement from an official department, you must go to the local official department to cooperate with the investigation. (Do not go at that moment; wait for the uncle to notify you, and if the uncle does not notify you, wait a while before going.) If the anti-cheating central model control is activated, you must fill out the anti-cheating application form as required by the anti-fraud organization, and only after passing the test can you unfreeze your assessment. 2. Handling frozen judicial matters. Observe for the first 3 days. See if the suspension of payment will turn into a full freeze (the freeze may be extended for six months). If officially frozen, please promptly go to the bank where you opened your account to inquire about the official unit name that froze the card, the case number, and the name of the case handler. Then contact the responsible person to find out the reason the card was frozen and cooperate with the official investigation. Once verified that you have not engaged in illegal activities, your account will be unfrozen.
Gradually accumulate trading experience and insights in the cryptocurrency world; after experiencing several bull and bear markets, you should at least be a high-net-worth individual with millions. Wishing all you retail investors to reach the shore soon, may everything go smoothly, may the bull market bring great wealth, and may you earn the ideal numbers in your heart! For those who like it, "Follow + Like" and leave a message in the comments saying 888. Have you encountered withdrawal issues around you? Come to the comments and share their stories~#USDT #MichaelSaylor暗示增持BTC #特朗普暂停新关税 #美联储何时降息?
How to Achieve Stable Profits in the Cryptocurrency World
First: Understand the bull and bear cycles, as well as the Federal Reserve's policies. For example, if it's a bull market now, you can shut your ears and just buy, buy, buy. In a bear market, also shut your ears and just sell, sell, sell. Second: You need to understand where the driving forces of project development lie. Is it just hype with pure traffic, mere concepts, or genuine project applications? Is it an essential project? This is something you need to learn, and it’s not difficult. Third: Learn some trading insights and techniques. Don’t be easily fooled into investing in trash coins. You must understand whether your decisions are made after calm reflection or impulsively jumping in. Take your time, think deeply, and make judgments. Fourth: Make more friends like me in the cryptocurrency world. Give me more likes, provide me with more value. Having one more friend means one more source of information and opportunities to get rich. Fifth: You need to have the ability to make money off-exchange, and if you have a resilient and patient personality, then investing some money in the cryptocurrency world is a great choice for you.
Feeling lost and unable to find a way out? The market is currently turbulent, and walking alone can be lonely. I am K, and only those who resonate on the same frequency can gather together! #特朗普暂停新关税 #美联储何时降息? #以太坊的未来 #币安Alpha上新 ·#TRUMP晚宴
Investment in U currency suffered a loss of 140,000, how to recover it!
In the field of virtual currency investment, U coin investment has created a craze online in recent years, while at the same time, criminals have taken the opportunity to set up numerous scams. Today, we will analyze a typical case and share the key steps to successfully recover funds, hoping to raise awareness for everyone.
Ms. Zhu met Mr. Li on a certain platform, who claimed to hold U coins worth over 100,000. He urged Ms. Zhu to participate in the transaction. Under Mr. Li's 'careful guidance,' Ms. Zhu transferred a total of over 140,000 yuan to him. Initially, Mr. Li delivered U coins worth nearly 40,000 yuan through an intermediary, but then he began to evade the rest of the U coins with various excuses, and they were never seen again.
After multiple unsuccessful requests, Ms. Zhu finally realized she had fallen into a scam and, in her desperation, sought our help. After a series of professional operations, we successfully recovered 100,000 yuan of the defrauded funds for Ms. Zhu. The specific steps are as follows: 1. Report promptly: We assisted Ms. Zhu in organizing and bringing all materials related to this transaction, quickly going to the public security organs to report the case, laying the foundation for the subsequent handling of the case. 2. Freeze bank cards: We closely liaised with the handling agency to promptly freeze the relevant bank cards, curbing further loss of the victim's funds from the source and avoiding greater losses. 3. Trace the card ownership: This step is crucial; we quickly and accurately traced the card ownership through professional means and interviewed the cardholder, successfully recovering part of the defrauded funds. This process requires professional technology and rich experience to ensure every link is legal and compliant. 4. Persuade to return property: During the suspect's bail phase, we leveraged the power of the investigating officers to exert pressure and counsel the suspect, clearly informing them of the legal consequences, forcing them to return the property and successfully recovering the remaining defrauded funds.
Follow us closely, give us a thumbs up, and wish all the investors can return to safety soon, may everything go smoothly, may everyone make big money, and earn their ideal numbers! #USDT #以太坊的未来 #特朗普暂停新关税 #加密货币总市值重回3万亿 #美联储何时降息?
Deeply engaged in the cryptocurrency world for 9 years, I want to give everyone some advice!
1. Opportunities are waited for; patience is needed to hear the sound of wealth. 2. For investors, the most important thing is to seize the opportunities that belong to them. 3. Not to be swayed by opportunities that do not belong to them, and not to be flustered by opportunities that they cannot grasp, is the composure that investors must possess. 4. It is important to make the right investment decision, but it is even more important to decide how much to invest after making the right call. 5. Very few people can make a lot of money in the cryptocurrency world by predicting short-term price fluctuations; otherwise, they would be the world's richest. If they are not, it indicates that they report good news but not the bad. Even if one has good luck for a time, they will ultimately face failure. 6. If one loses too much money, whose mindset can remain good? A good mindset is built on the foundation of not losing too much. 7. The world is unpredictable, and the market is hard to measure. Studying the market is mainly to seize continuous opportunities and avoid continuous risks. Sudden or occasional rises or falls may not be grasped or avoided in time; this is not your fault. Keep a calm mindset and do not give up on yourself. 8. You can choose not to participate, but you cannot completely go against the overall direction.
Please pay more attention, give likes, and I wish all the investors can reach the shore early, have everything go smoothly, make great profits in a bull market, and earn the ideal numbers they desire! #特朗普暂停新关税 #以太坊的未来 #TRUMP晚宴 #加密货币总市值重回3万亿 #特朗普称无意解雇鲍威尔
There are gains and losses in the market, but if there are continuous losses, it may be caused by the following reasons:
First: The mindset is contrary to the market direction, and blindly holding positions without stop-loss leads to consecutive losses. Second: When trading, one always fails to keep up with the rhythm, and the market may have already passed by the time one reacts. Subsequent actions may lead to situations where buying up occurs when the market falls, and buying down occurs when the market rises.
The solutions are as follows: Do not force trades, and do not go against the market. Acknowledge mistakes, and timely stop-loss can prevent further losses. Chu Chu believes that observing more and learning more can help find the right opportunities to enter the market at the appropriate time.
Secondly, we need to learn to master the best investment techniques, and through our own exploration, find trading methods and trading patterns that suit ourselves. By doing this, we can achieve maximum results with minimal effort and survive in this market for the long term. Lastly, a small tip: others' analyses are merely references. If you feel unclear about the direction, consider sitting down to calmly analyze and observe; it is better to miss out than to make a mistake. There are waves of opportunities in the market, so there is no need to lament over missed trades. As long as the market is clear and your direction is correct, what is yours will always be yours, only the timing may vary. Be mindful of controlling your greedy heart, keep up with the market rhythm, and do not place orders without confidence; strive for victory while maintaining stability. Gradually accumulate trading experience and insights in the cryptocurrency circle, and after experiencing several bull and bear cycles, you will eventually become a large trader with millions.
Feeling lost and unable to find a way out? The market is turbulent at the moment, walking alone is lonely. I am K God; only those who resonate at the same frequency can gather together! #加密货币总市值重回3万亿 #加密市场反弹 #以太坊的未来 #美联储何时降息?
Have you heard of 'Brother 480,000'? This guy has a lofty dream of getting rich overnight through Bitcoin.
In 2014, he invested all of his 480,000 yuan meant for buying a house into Bitcoin and even started a thread in the Bitcoin forum to live-stream his journey, preparing to let the whole world witness his wealth myth.
What happened next? Bitcoin was like a roller coaster, and his money plummeted straight down, watching his wealth evaporate to just 90,000.
People in the forum pointed at him like they were watching circus monkeys, and his family gave him disdainful looks, even his mother-in-law started arguing with him, and his wife threatened to divorce him.
In 2016, when the price slightly warmed up to 3,000 yuan, Brother 480,000 reluctantly sold his coins to buy a house, losing 180,000 and exiting the scene.
Who knew, as soon as he left, Bitcoin began to party, and he could only watch in despair.
Wishing all you investors can reach the shore soon, may everything go smoothly, may you make big money, and may you earn the numbers you idealize in your heart! Follow me for more, leave a like and comment '888' in the comment section. Do you have friends around you who are 'high' on the crypto market? Come share their stories in the comments~#USDT #加密市场反弹 #特朗普称无意解雇鲍威尔 #BNBChainMeme热潮 #中美贸易关系
500 million for free in 20 minutes? The hidden rules of the cryptocurrency world revealed by the BG loophole incident!
On Sunday at 4 PM, the contract bot of BG suddenly went haywire. Someone discovered that as long as you place a long order at 0.0135 USD on the VOXEL/USDT contract and set a take profit at 0.0148 USD, the bot will devour your order like a wolf that hasn't eaten for three days, and trigger the take profit at an astonishing speed. This is not a sci-fi movie; this is the real story from April 20, 2025—within just 20 minutes, someone exploited this loophole to take away millions of USDT, while more people withdrew and fled, leaving the exchange to close withdrawal channels overnight, roll back transactions, freeze accounts, and face accountability, leading to a price crash and chaos.
A Day in the Crypto World is a Year in the Real World: The Survivors are Kings
Every signal of a bull market is a tremor, attracting the attention of countless investors. We must maintain a clear mind and remember the principle that 'the survivors are kings' to avoid blind investment, allowing us to laugh until the end of this feast.
The survivors are kings, a cruel rule of the market. In every cycle of the crypto world, countless investors fade away due to blind following and lack of judgment. Those who can stay true to their original intention and calmly analyze market trends often become the final winners.
Blind investment is a major taboo on the investment path. Faced with the impending bull market, many investors may rush to enter the market, hoping to gain substantial returns in a short time. Blindly following without fully understanding the project background, technical strength, and market prospects is akin to gambling. Real investors should learn to find a balance between risk and reward, making rational investment decisions through in-depth analysis and research.
Laughing until the end and reaping the dividends is the ultimate goal. In long-term investments in the crypto world, we pursue not only short-term gains but also long-term stable returns. Therefore, we should pay more attention to projects with long-term value, such as those with blood production capabilities, strong teams, and high market circulation.
In summary, we need to maintain a clear mind and rational judgment. Remember the principle of 'the survivors are kings,' avoid the risks of blind investment, focus on projects with long-term value, and adhere to the philosophy of long-term investment. Only in this way can we laugh until the end amid the ups and downs of the crypto world, enjoying the fun and returns that investment brings. Remember, rapid rises and slow falls are not the norm in the market; only understanding and patience can lead us to progress steadily in the long river of the crypto world.
Pay more attention, give likes, and wish all the investors can safely reach the shore soon, may everything go smoothly, may everyone make big money, and may everyone earn their ideal numbers!
It is very common for bank cards used to sell USDT in the cryptocurrency market to be frozen. I have seen many people talk about so-called safety and risk control, but that is a serious misunderstanding.
For example, some people say to first use a third-party payment platform, such as WeChat or Alipay, as a transition, but this method is not safe; the entire chain can be frozen. Others suggest choosing smaller banks, as some banks may not be connected to the uncle's regulatory system. For instance, a certain bank may not be able to directly issue a freeze notice, but all financial institutions are connected to anti-money laundering systems.
Let me remind you, judicial investigations can trace the complete flow of funds. When cryptocurrency market players buy USDT from OTC merchants and choose bank card payment, most of them will need to review the source of funds. Why review the source of funds? It is actually for merchants to avoid the risk of frozen cards. But from a legal perspective, what constitutes a clean source of funds? For example, salary income, loans from banks or financial institutions, investment dividends, financial management returns, or business income with a real transaction background.
In the matter of bank card freezing, the importance of risk avoidance far outweighs the importance of solving the problem and unfreezing the card. There is nothing to explain; it is merely a matter of cost. Think about it: is it cheaper to avoid risk in advance, or is it cheaper to find a lawyer, contact the authorities, and work with banks to obtain various proofs after the card is frozen? Therefore, it is very necessary to do a good job in risk prevention and control. If you must choose a domestic platform for trading, the most basic judgment points are: first, the merchant has been registered for more than two years; second, the number of trading users for the merchant in the last 30 days does not exceed 300; third, each transaction is in whole units of RMB. Additionally, if possible, it is best to filter for merchants that meet the above three conditions and have no more than 100 orders in the past month.
I wish all of you early success in your investments, may everything go smoothly, and may you all achieve the financial goals you aspire to! Please follow, like, and leave a comment with '888' in the comments section. Have you encountered any cash withdrawal issues around you? Let's talk about their stories in the comments section~#USDT #BNBChainMeme热潮 #加密市场反弹 #中美贸易关系 #美联储何时降息?
From dream chaser to harvesting韭菜, a story of a luxury home salesperson who has seen the rich spend lavishly, dreaming of living in a mansion herself.
At the beginning of 2021, she was attracted by the myth of getting rich in the crypto world and entered the market to catch the wave of the primary market – BSC, HECO, meme coins blooming everywhere.
Her first coin turned 10,000 into five times in one night, but she missed the subsequent six times rise, experiencing the agony of selling too early. She started buying more shitcoins, but most returned to zero within a few hours, and some projects ran away just three minutes after launch.
After losing a lot, she changed her strategy and began to issue her own shitcoins, with absurdly low costs for issuing coins: 100 for blockchain fees, a fake white paper, setting up a Telegram group, and hiring a few KOLs. Her first project was a great success, pumping 200%, dumping 50%, then pumping again, harvesting three rounds of韭菜, with her capital turning 20 times.
For her second project, she sold pre-sale whitelist spots and fled as soon as it launched, but she had mentioned in the group that she was in Shanghai, so the victims tracked her down through the blockchain records. By the end of 2022, she was arrested for fraud and sentenced to four years.
The crypto world is a brutal zero-sum game; where there are winners, there are also losers, and 99% of projects in the primary market will run away, even the 'winners' may end up in jail.
Wishing all韭菜 can reach the shore soon, that everything goes smoothly, that they can make a fortune, and earn the ideal numbers in their hearts! Follow, like, and leave a message in the comments with 888; do you have friends around you who are 'high' on crypto? Come share their stories in the comments~#BNBChainMeme热潮 #美联储何时降息? #币安Alpha上新 #加密市场反弹 #特朗普施压鲍威尔
Kid Brother made a profit of 80 million through the live streaming platform.
In the colorful world of cryptocurrency, there is a young figure known as "Kid Brother" who launched a token called Quant through the live streaming platform pump.fun. In a captivating live broadcast, he sold a large quantity of Quant tokens, easily earning $30K. At the end of the live stream, he concluded in a rather controversial manner, which sparked widespread discussion among cryptocurrency enthusiasts.
But the story didn't end there. A passionate group of developers took over the Quant token and drove its value significantly higher. According to data from AngryBot, the market capitalization of Quant once reached an impressive $80 million. In the process, some investors achieved returns of up to $988K with a very small investment amount as the value of Quant tokens rose, yielding nearly 2100 times their investment.
The vision for Quant tokens is to achieve widespread applications, including but not limited to paying for on-chain transaction certification fees, cross-chain Gas fees, node PoS funding proof protection, staking QNT for Overedger usage rights, and wallet privileges. The core goal of Quant is to promote interoperability between different blockchain networks, providing developers with the possibility to create decentralized multi-chain applications through seamless interaction, which is crucial for fostering a more interconnected digital ecosystem.
Regardless of the ultimate direction of Quant, this event will undoubtedly become an iconic moment in the meme coin market, showcasing the current market's frenzy. This case not only reveals the profit-seeking behavior in the cryptocurrency market but also demonstrates how community power can have a profound impact on the market.
A new project called Puppies has recently been discovered, showing great potential, worthy of further research and attention.
"If you are still underwater, unable to see the overall market situation, spot planning, contract password, focus on being better than guessing, give a thumbs up, leave a message 888, and bring you ashore" #特朗普施压鲍威尔 #美联储何时降息? #Solana激增 #币安Alpha上新 #BNBChainMeme热潮
Dear friends in the cryptocurrency world, trading contracts (pure speculation) and investing in cryptocurrencies (similar to venture capital) are two completely different professions.
The essence of contracts is trading risk. In other words, it is about earning money through risk management and expectations. When trading contracts, you must understand this statement clearly.
You may not believe in technology, not believe in the big players, not believe in candlestick and moving averages, not believe in BTC+, thinking they are all scammers, or you may believe in these things. None of these beliefs will hinder your ability to make money. But there is one thing you must understand, which is [risk], what risk is, how to manage risk, how to calculate risk, how to operate risk, how to withdraw from risk, and how to survive!
You cannot earn money beyond your understanding... Originally, if you invest in a coin and its value doubles, you earn 100%; then if you trade contracts three times, resulting in earning 300%, where does this extra money come from, whose money is it, do you know? In contract trading, the money earned is actually the money from risk management, it is the money given to you by others' losses and liquidations, and to obtain this money, you must not get liquidated first!
Feeling confused and lost? The current market is turbulent, walking alone is lonely; I am K God, only those who resonate with the same frequency can gather together! #Solana激增 #币安投票下币 #鲍威尔发言
From 2000 yuan to 300,000, the truth behind the myth of huge profits in the cryptocurrency world! In the cryptocurrency world, stories of overnight wealth are always circulating. Today, I want to talk about how to turn 2000 yuan into 300,000 yuan through trading cryptocurrencies. Sounds like a fairy tale? The core lies in the profit amplification brought by contract trading. However, don't get too excited; first, let's convert 2000 yuan into 300 USD (approximately 300 dollars), and we will proceed in two steps.
Step 1: Small capital snowballing, from 300 USD to 1100 USD Each time, take out 100 USD and dive into the battlefield of popular cryptocurrencies. Here are two key principles: first, run when you double your money; once 100 USD turns into 200 USD, immediately stop and secure your profits; second, if you lose down to 50 USD, decisively cut your losses, never cling to the battle. But make sure to take profits, play a maximum of three rounds, and stop as soon as you earn around 1100 USD.
Step 2: When your funds reach 1100 USD, you can implement a combination strategy and attack from multiple angles. 1. Quick in and out type, a 100 USD sprint Target stable cryptocurrencies like Bitcoin and Ethereum, participating in 15-minute up and down trades. For example, if Bitcoin suddenly surges in the afternoon, quickly follow the trend; as long as you make 30%-50%, immediately take your profits and quickly accumulate small gains. 2. Relaxed dollar-cost averaging type, a long-term layout of 15 USD Occasionally take out 15 USD to invest in Bitcoin contracts. If you believe Bitcoin has long-term potential to rise from 50,000 dollars to 100,000 dollars, treat it like a piggy bank. Even if it drops in the short term, there’s no need to panic; patiently hold for half a year or a year. 3. The main event trend trades, seizing the opportunity of major market movements When you detect significant market signals, such as the Federal Reserve planning to cut interest rates, decisively open a long position. Make sure to plan your profit targets and stop-loss limits in advance, like running when you double your money and accepting a maximum loss of 20%. However, beginners should not blindly try.
Trading life-saving rules 1. Each time you invest, do not exceed one-tenth of your principal, strictly prohibit All in; diversifying risks allows for long-term survival. 2. Every trade must set a stop-loss; as soon as you reach your profit target, don’t let greed drive you to think of “earning one more wave.” 3. The daily trading limit is 3 trades; control your hands; if you feel itchy, go play games to divert your attention.
Feeling confused and lost? The current market is turbulent, and walking alone can be lonely. I am K, only those who resonate with me can gather together! #美联储何时降息? #Solana激增 #币安Alpha上新 #鲍威尔发言
How did the big shots in the crypto world earn their first bucket of gold?
Are you curious about how those at the pinnacle of cryptocurrency made their first bucket of gold in life?
From the "mysterious person" Satoshi Nakamoto mining the first Bitcoin, to Zhao Changpeng rising to fame with a full investment in Bitcoin; from Vitalik Buterin writing articles to start a business, to Sun Yuchen's gamble on the ICO comeback; these success stories of crypto big shots are not only a reflection of the times but also hold the secrets of wealth.
Some rely on technology, some on vision, some on persistence, and others on luck.
After reading this picture, who do you admire the most? Where do you think the next opportunity for "financial freedom" will be?
Cryptocurrency Chronicles: From Billions to Zero in Just 3 Days. This is a story that took place in 2022, a true vignette of the turbulent cryptocurrency market of that year.
Genius Boy to "Crypto Gambler" Su Zhu, a Chinese-American prodigy who immigrated to the U.S. at the age of 6, co-founded Three Arrows Capital with high school classmate Kyle Davies at 25. From a Deutsche Bank trader to the "King of Leverage" in the crypto space, he skyrocketed Three Arrows to its peak in 2021 through reckless borrowing and aggressive investing—managing over $10 billion in assets, investing in star projects like Avalanche and Solana, and being hailed as the "Crypto Soros."
The Night Before the Collapse At the end of 2021, Su Zhu lavishly spent $50 million to order a super yacht called "Much Wow," boasting that it was "bigger than all the yachts of Singapore's wealthy combined." While promoting the "Bitcoin super cycle" on Twitter, he used borrowed money to double down on LUNA, GBTC, and stETH.
72-Hour Avalanche: From Billionaire to Fugitive In May 2022, the collapse of LUNA wiped out $5 billion, yet Three Arrows Capital continued to leverage up, "betting on a rebound." In June, Bitcoin fell below $20,000, collateral values halved, and $3.5 billion in debt detonated instantly! As creditors raced to collect their debts, Su Zhu fled to Dubai with his wife, leaving behind an unclaimed yacht and a $3.5 billion debt black hole.
The "Lehman Moment" in Crypto The bankruptcy of Three Arrows directly dragged down exchanges like Voyager and BlockFi, causing Bitcoin to plummet 70%, with a trillion-dollar market value evaporating. Ultimately, in September 2023, Su Zhu was arrested at Singapore airport while attempting to flee with a fake passport. His luxury mansions and NFTs were all seized, and he was sentenced to 10 years in prison, bringing a finality to this saga. Now only the story of Three Arrows remains on the internet, recounting the journey of a genius boy navigating the crypto world only to be devoured by it.
Wishing all the retail investors can reach the shore soon, may everything go smoothly, may you all make big money, and achieve the desired numbers in your hearts! Add and follow, like, and leave a comment with 888. Do you have friends around you who are "high" on crypto? Come share their stories in the comments~#鲍威尔发言 #美联储何时降息? #币安Alpha上新 #Metaplanet增持比特币 #比特币与美国关税政策
Today, let's talk about a mysterious code in the crypto world — U! Have you often seen big shots saying 'sell U', 'buy U' in the group, and felt confused? Don't worry, today I'm going to help you fully understand this crypto 'slang'!
What exactly is U? Actually, U is short for USDT, which is Tether, a stablecoin pegged to the US dollar at a 1:1 ratio. Simply put, 1U ≈ 1 US dollar, and people in the crypto world use it for hedging or trading, equivalent to 'cash' in the crypto space!
Why do people in the crypto world love using U? Stability: Bitcoin and Ethereum can fluctuate greatly, but U remains relatively stable around 1 US dollar, a true 'safe haven'! Strong liquidity: U can be freely exchanged for other cryptocurrencies on major exchanges, making transactions super convenient! Globally accepted: No matter which country you are in, U can be used, making it the 'international currency' of the crypto world!
Common ways to use U Sell U/Buy U: This means buying and selling USDT, for example, if you want to exchange your U for Chinese yuan, or buy U with Chinese yuan. Arbitrage: Buy U low on one platform and sell high on another, making a profit (but the risks are not small either!). Hoarding U for hedging: When the market is unstable, many people will exchange their coins for U, waiting for the market to improve before exchanging back.
Newcomers, beware! Although U is very convenient, there are also pitfalls! For example: Fake U: Some fraudsters will use fake U to deceive people, so always choose reliable platforms or acquaintances for transactions! Card risk: Directly using a bank card to trade U may trigger bank risk controls, so it's advisable to use intermediary channels for transition.
Make sure to follow and like! Was your friend also confused the first time they heard about U? Come share your crypto stories in the comments!
A three-way drama of giant whales, market makers, and hot money, leading to the RFC wealth myth?
On the night of April 13, the Solana chain suddenly exploded—a meme coin named RFC (Retard Finder Coin) skyrocketed like a rocket, rising 200% in just 15 minutes, with the price reaching $0.199. The trigger for this frenzy was a mysterious big player who dropped $1.2 million to buy in. However, after analyzing the on-chain data, it was discovered that this was not a retail frenzy at all, but rather a collaboration of three groups of capital, five market makers, and $180 million in hot money.
Two-week wealth myth: from 3 cents to 20 cents Since Elon Musk liked the "Retard Finder" account on March 29, RFC has been like a shot of adrenaline. From $0.003 on April 1, it soared to $0.2 on April 13, with the most astonishing aspect being that every time it reached a round number, mysterious funds would support it, with pullbacks never exceeding 15%. This stable performance, which is almost unbelievable in the meme coin world where prices can be halved at any moment, is simply a miracle.
Whale reveal: where did the $120 million come from? On April 14, someone on-chain revealed explosive news: a large account starting with 0x3d... secretly bought $8 million worth of RFC using 14 small accounts, accounting for 23% of the day's trading volume. This money did not come casually: 1. Initial capital: $100 million USDC from the market maker of TRUMP coin. 2. Washing path: flipping through ETH/SOL/BASE chains 10 times. 3. Final landing: using five new wallets to complete the buying on the SOL chain.
This operation is frighteningly skilled, just as crypto analyst Yu Jin said: "This is not a temporary coin speculation; it's a meticulous plan that has been prepared for months."
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