As a fund manager, the market has plummeted in the past few days, and I received a message from an LP hoping to redeem their fund shares early. Inside, I am saying, do you know how long I've been waiting for such news? Finally, it has come. I believe he has also struggled for a long time before bringing this up. What does this indicate?
It indicates that the market is finally about to hit the bottom!
Binance should currently add a large number of coins, selecting high-quality new coins with low market capitalization from second-tier exchanges, and adding them all at once. This avoids the siphoning off by a few large-cap projects and prevents the dilution from small exchanges.
Everyone knows that the recent market decline was caused by the Grayscale Fund’s GBTC sell-off. I wonder if anyone has remembered that the former CEO of bimex actually wrote an article discussing that the adoption of ETF may not be a good thing for the currency circle. Indeed, profits and losses come from the same source. The day Wall Street funds buy, there will be a day to sell. When you buy, you feel happy when it goes up, but when you sell, you feel so desperate when it goes down. The funds worth attracting are those who have faith and transfer them to a cold wallet once they buy them, never to sell them again, waiting to be passed on to their grandchildren. Instead of using Bitcoin as a target for financial speculation, people who buy low and sell high. So, stop being a distinguished US stock trader, become an evangelist, a currency keeper, and call on others to do the same. May Satoshi Nakamoto be with you.