These days, Bitcoin continued to rise, from a low of $16,256 at the beginning of the year to a recent high of 25,250, an increase of more than 55%.
If you invest $10,000 at the beginning of the year and do nothing for more than 2 months, the income will be $5,500 , and you will make a profit. But most people dare not increase their positions at low points, and only wait for the rise before saying that they knew it earlier.
Some people say that the entire market is currently on the rise, and there may be new highs; but the market is unpredictable, and no one dares to guarantee it.
Two days ago, with the announcement of Hong Kong’s encryption market-related policies, projects in the Hong Kong sector became popular, sweeping Twitter with Chinese Coin.
For example, CFX, a domestic public chain track, rose from 0.05 to a high of 0.36 in a week, an increase of more than 620%, and today the price returned to 0.28.
A group of friends hesitated to buy when they saw that CFX had risen by 1.5 times to 0.12 US dollars. After seeing the 6-fold increase, they could only feel that their situation was small.
There is also Polkadot Eco’s notarized anti-counterfeiting project KEY, which rose from 0.0038 to a high of 0.018 in a week, an increase of more than 370%, and fell by 44% in the past two days.
The hot spots ferment quickly, and the upward momentum is violent; after the hot spots stabilize, the decline is also fast. Those who get the information early, earn again.
The market always goes up and down alternately. In the past two days, all sectors rose sharply, but today they all fell.
For novices who do not have first-hand sources of information, if they see a hot spot and go after it, they must be the target of a violent beating.
The market cannot be achieved overnight, and it will fall as much as it rises. I don’t know if there are any friends who have gotten into the car following the hot spots in the past two days and have been trapped.
I am at a loss for the market during this period. As a new player in the currency circle, I really feel great excitement and shock.
On social media, you can see that all types of players are working hard.
Some people are earning blur points, some are chasing domestic public chains, some are harvesting StepN Genesis running shoes airdrops, some are researching L2 public chains, some are doing interactions, liver chain tours and so on.
Most newcomers are dazzled and have no idea where to enter. There is no learning direction, and even the entrance cannot be found.
Hebi, a KOL with more than 170,000 Twitter followers, is saying that airdrops are not easy, let alone ordinary people.
He said that other people are interacting with blur during the Chinese New Year carnival, when they are reunited with their families, and when they travel with friends, so he has received a lot of blur airdrops.
The bosses are saying that this industry is difficult, and it is even more difficult to make money. No one can make huge profits easily. No pain, no gain, but in the encrypted market, once there is a harvest, it may be very rich.
Some players are outputting content every day, researching project gameplay and white papers; some players are learning web3 interactively every day;
Behind the encryption market scenery and wealth stories, there are also many painful lessons, opportunities and big pits are accompanied by them.
I also saw reports today that the star Xu Jinglei is doing Blur interaction and earning points; by the way, I looked at her wallet, holding 1082 NFTs and 10 BAYCs. She is a very early NFT player.
And Yi Nengjing hosted today’s “Hong Kong concept skyrocketing, mysterious oriental power rising” theme space. At 11:30 in the evening, there were still more than 2,000 people listening and sharing.
In the encryption market, many people study hard. If you pay today, you will be able to reap tomorrow;
The above is just my personal opinion, no investment advice. I’m Chuxiaolian, and I’m paying attention to Metaverse and web3.
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