crypto_ss

What if one day you earn a lifetime's worth of money through contract leverage in the cryptocurrency world

and you are back in the country?

How can you safely withdraw funds?

Brothers, today let's talk about the pitfalls of selling USDT for withdrawal!

Risks of Selling USDT
When selling USDT on a platform, the probability of encountering dirty money is quite high. The risks can be categorized as follows:

Tier 3 Dirty Money: Your account is likely to be frozen for 30 days; if the amount is large, it might be frozen for six months.
Tier 2 Dirty Money: Account freezes start from six months, and the funds may even be confiscated.
Tier 1 Dirty Money: Involves concealing criminal proceeds, starting from three years!

How to Avoid Risks?
Don't be greedy for cheap deals: If the price of buying USDT is absurdly low, or if the selling price is unusually high (for example, if the market price is 7 yuan and you sell for 7.5 yuan), engaging in such transactions knowing they are abnormal can have serious consequences.

Don't go to platforms or seek out USDT traders: Avoid offline cash transactions altogether, as the likelihood of dirty money is high, and it may also jeopardize personal safety.

Safe Withdrawal Methods
Trade with familiar and reliable people: It's best if the other party pays you first before you give them USDT. After receiving the money, check the funds. If the funds have been deposited for less than 3 days, or if there are too many frequent transactions, do not accept them.

Withdraw slowly: For example, if you want to withdraw 10 million, you can use Alipay to withdraw about 200,000 each day. Being too anxious can lead to mistakes.

If possible, avoid using bank cards: Selling for Hong Kong dollars can be troublesome, requiring qualifications, procedures, and special channels. Don't try it lightly without understanding.

Bank Risk Control

Small Amount: Banks generally won't ask too many questions.
Large Amount: If your card receives too much money daily, it may be restricted to counter transactions only, and you must withdraw money at the counter.
Clean Background: If the money earned from selling cryptocurrencies is clean, the bank will not ask many questions.
Having a 'criminal record': Banks will investigate very thoroughly.

Conclusion
Selling USDT for withdrawal carries significant risks. Never be greedy for cheap deals or try to save trouble. Find reliable people to trade with, withdraw slowly, and avoid being subject to bank risk control or getting involved with dirty money. Brothers, stay steady and prioritize safety!

Follow me for more valuable insights from the cryptocurrency world, helping you to stay steady and earn clearly!

Family, who understands this! All profits in the crypto world go to transaction fees

Family, I just entered the crypto world not long ago, thinking I could try my hand and earn some pocket money, but I ended up being backstabbed by transaction fees!

I finally made a profit of 24U on a trade, but the transaction fee actually deducted 19U! The profit left is almost negligible, it’s like I worked hard for nothing.

So, I have to ask, are these transaction fees too exaggerated? I completely don’t understand, is the trading platform “cutting leeks,” or are transaction fees in the crypto world just this outrageous?

I studied the trading rules for half a day, but I still can’t figure out how these fees are calculated. I asked friends around me, and they couldn’t explain it either.

Is there a crypto expert who can help me analyze why these fees are so high? How can I avoid this situation in the future? I’m waiting online, it’s quite urgent!$BTC $ETH $BNB

Waiting for the US market again
Big Pie has no more of itself
Waiting for US stocks to replenish vitality every day🤪
If it can reach 100,000 before the close tonight
Then the Taoist priest will double the leverage
Wait for it to fall and then buy the bottom
That’s right
It has converged to 100,000 in 12 hours
$$BTC

This is the reason for shorting on Binance. To make money from shorting. I don’t do contracts. If you want to short, you must not be greedy and prevent the market makers from squeezing you.

In two months, Binance has launched 25 coins. If your capital is small and you want to take a chance, if you can make 20% on one coin, with 25 coins, you can earn 5 times in two months, or 2.5 times in a month. That’s good enough, how appealing!

I can't even earn that multiplier in spot trading! Why do you end up losing what you earned? Because of greed, wanting to earn more and unable to endure waiting!
This is just calculated over two months; doing an unreasonable calculation, 2.5 times a month, 30 times a year, your 1000u capital becomes 3000u. That’s enough, right? You’ve surpassed so many people!

Here it comes, how low can it go?
Get ready to buy at the bottom!

#layer #Bnx #TST #ME #PEPE‏

Colin Wu reminds: Regarding PI, if you still want to occasionally return to the mainland, it is advisable for everyone not to report or get involved.

PI has already been classified as a crime in the country, with related descriptions as shown: Pi currency, with the English name 'Pi Network', abbreviated as 'π currency'. The 'π currency' claims to be a smartphone blockchain public welfare project launched by a PhD from Stanford University, allowing for free mining with zero cost through mobile phones, and is about to become the next Bitcoin. Many criminals are using 'π currency', claiming that you can mine for free with simple operations by just downloading an app on your phone, and they conduct lectures for older adults to expand their victim group under the pretense of 'referral rewards' for developing subordinates, selling users' personal information, and defrauding elderly pensions.

Colin Wu: Recently, a very reliable friend was directly caught in ocean fishing because their product was used by a pyramid scheme group. The associated industrial chain of pyramid schemes is a target of strict crackdowns. Everyone should have some legal knowledge. Just because something hasn't happened doesn't mean it won't; if it happens once, it could be a disaster for the whole family.

February 7, 2025

Recently, everyone should have returned to work, right? This wave of population movement during the Spring Festival has also spread many viruses, with the flu and Norovirus being quite prevalent. I was hit by it the day before yesterday, experiencing vomiting and diarrhea, but fortunately, I'm recovering quickly. In fact, the advantage of private clinics in towns compared to big cities is that it's convenient for treating minor illnesses. Nowadays, in large hospitals in cities, the first step is basically blood tests, X-rays, and so on. Doctors are hesitant to make judgments based on experience, wasting a lot of medical resources.

Since the sharp drop in February-March, the market has started to fluctuate repeatedly. This trend is within expectations, but it’s a pity that it hasn’t returned to the lows again. Currently, in this range, I temporarily sold some of my bottom-fishing positions and haven't re-entered yet. I want to wait a bit longer because, based on the recovery time after the sharp drop, there is a 1-3 month window that provides us with opportunities to enter.

Although I do some bottom-fishing and swing trading in every range, my current position is still 60%, and this 60% is basically all bought back at high positions or not sold at high positions. I haven't calculated the specific costs, but it definitely won't be lower than now. I am relatively confident about the upcoming market and also hope to pass on some belief to everyone.

A relatively important judgment criterion is that the price of BTC has not broken down, meaning there hasn't been a bear market in terms of technical patterns, although it’s undeniable that altcoin prices have entered a bear market. As long as the adjustment pattern of Bitcoin remains healthy, it indicates that someone is buying Bitcoin, and funds will ultimately seek cheaper targets.

Thank you for your attention and likes.

Lost soon again, over 300 profit not running away
Didn’t notice it broke the opening price
Estimate it won’t go smoothly when the market opens, XRP currently losing 60 oil
Already ran away, will wait a bit longer for the second coin, if I lose 400 I will also run away
Feeling that things are not going well, I’m out!!!!!!!
$ETH $ETH
Rise, my brother

February 7, 2025.

The tug-of-war has just begun~

Current trend.

Coins represented by ETH and UNI have already fallen below the yearly line and are forming a certain support near the weekly double bottom.

Coins represented by XRP and AAVE have not yet fallen below the yearly line, and mean reversion (to the yearly line) will still pose a threat to the market.

Half of the coins have fallen below the yearly line, while the other half are still reverting.

It should be noted that coins with weekly double bottoms have little downward energy to harm the market. The only coins that can harm the market are those with prices diverging too high from the yearly line, such as XRP and AAVE.

Is the mean reversion energy of XRP and AAVE significant?

Or is the upward energy of ETH and UNI with weekly double bottoms greater?

Which of these two energies dominates? Who leads the market?

My inference is that the bears will dominate in the first quarter, with the mean reversion force represented by XRP being significant, repeatedly pulling ETH and UNI back to the weekly double bottom oscillation, suppressing their rise.

Until the prices of coins like XRP approach the yearly line and oscillate,

Until more than 90% of coins fall below the yearly line.

When the threat to the market is minimal, and they can no longer be suppressed, it will be the bulls' turn to take the lead, with coins represented by the weekly double bottoms starting to counterattack.

This will take time; at least in the first quarter, the bulls cannot turn the tide.

Moreover, the main dominant force in the market, Bitcoin, also needs to (move sideways instead of falling) correct for several months until the price approaches the yearly line.

As long as Bitcoin oscillates (moves sideways instead of falling) for a few months.

90% of altcoins will still have to fall below the yearly line and remain sealed in a sideways pattern.

Although the first quarter is dangerous, it also hides cheap opportunities.

Generally speaking, only when optimistic sentiment disappears will the market hit the bottom, characterized by a “sideways seal” with little fluctuation.

The more the market deleverages, the less leverage can be taken.

When the market is no longer pessimistic, the funds released from deleveraging in the first quarter can be used to purchase assets, boosting the market.

Interestingly, many people are now afraid to buy.

The logic is: “The bull market is gone, altcoins have no future, and I dare not touch them anymore.” This logic supports their failure to buy at the weekly double bottom, using excuses to fully rationalize their fear.

Hopefully, in the next wave of the market, they will align their knowledge and actions and not buy altcoins.