The company behind EOS has also come to the US stock market for an IPO. The developer of EOS ($A), BlockOne, should be the ceiling and ultimate dream for all project teams: after raising $4 billion through ICO, they almost irresponsibly ran away, exchanged for 160,000 bitcoins to lay down and win, and are currently applying for an IPO to enjoy the dividends of cryptocurrency stocks. 1. The year-long ICO for EOS raised $4 billion, and the money is freely available for BlockOne to allocate, without any responsibility for the subsequent construction of the project. 2. After raising (scamming) $4 billion in ETH through the ICO, it was all converted to BTC, and currently holds approximately 164,000 bitcoins, valued at over $17 billion. Their holdings surpass MicroStrategy, making them the second-largest holder of BTC. 3. BlockOne is recently secretly submitting IPO application documents to the US SEC through its crypto trading platform Bullish. Preparing for an IPO, they will enjoy the dividends of cryptocurrency stocks. Arthur Hayes comments on Circle’s listing: In the coming years, there will be a wave of crypto IPOs, culminating in a sensational IPO similar to EOS, which will attract huge fiat capital and then plummet after the opening.
As an experienced player in the crypto space, it is necessary to remind beginners of some trading tips for reference, common mistakes, and avoidance measures: 1. Overtrading Overtrading can lead to emotional exhaustion, increased costs, and decreased performance. Avoid overtrading by setting clear goals and sticking to your strategy. 2. Lack of Risk Management Failing to manage risk can lead to significant losses. Set stop-losses, limit positions, and prioritize capital protection. 3. Emotional Trading Emotional trading can lead to impulsive decisions. Stay calm, objective, and patient, and avoid trading based on emotions. 4. Insufficient Research Insufficient research can lead to poor trading decisions. Stay informed, analyze market trends, and understand the assets you are trading. 5. Over-Leverage Over-leverage can amplify losses. Use leverage responsibly and prioritize risk management. 6. Failure to Adapt Failing to adapt to changing market conditions can lead to losses. Stay flexible and adjust your strategy when necessary. 7. Chasing Losses Chasing losses can lead to further losses. Accept losses, learn from them, and move on. 8. Ignoring Trading Plans Ignoring your trading plan can lead to poor decisions. Stick to your plan and avoid impulsive changes. 9. Over-Reliance on Indicators Over-reliance on indicators can lead to poor trading decisions. Use indicators as tools, but also consider other factors. 10. Lack of Discipline Lack of discipline can lead to bad trading habits. Maintain discipline, patience, and focus on your goals.