I don't know if you've encountered these two types of people—
First type: Attracted by stories of sudden wealth, believing they are chosen ones. After entering the circle, they passionately sign contracts but can't be persuaded otherwise. Within a day or a week at most, they get wiped out and go to zero. Then they start crying and yelling, blaming others, demanding compensation from those who introduced them to the circle or sold them U tokens. They might then go around saying that the entire crypto world is a scam, and only those with backgrounds, the so-called "Sky Dragons," can make money, even starting to develop conspiracy theories.
Second type: Because friends recommended it or they saw some articles, they think #CryptoCircle is very profitable. Then from downloading to registering to using, they know nothing and have to ask at every step. Even if food is placed in front of them, they don't know to eat it; they need everything explained in detail to understand.
In an environment where trading cryptocurrencies is not explicitly prohibited, the continuous tightening of the mainland's attitude towards the crypto circle is actually a good thing. It is to protect those who are truly not suitable for the #CryptoCircle, such as the two types mentioned above.
These people also lose money when they come in and are unlikely to make money through work, trading, personal entrepreneurship, or part-time jobs within the industry.
Those who say the government is blocking their ability to make money, when they lose money, will be the first to blame the government for not protecting them.
Therefore, first filter out those who download apps, use VPNs, and have difficulty with normal KYC deposits and withdrawals; then eliminate those filled with greed, arrogance, stubbornness, and with serious cognitive and personality flaws. This also helps maintain stability.
For this reason, among mainland crypto enthusiasts, there may be bad ones, low-quality ones, those with limited education, or even people you think are fools... but there are rarely truly extremely stupid ones.
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I don't know if you've encountered these two types of people—
First type:
Attracted by stories of sudden wealth, believing they are chosen ones.
After entering the circle, they passionately sign contracts but can't be persuaded otherwise. Within a day or a week at most, they get wiped out and go to zero.
Then they start crying and yelling, blaming others, demanding compensation from those who introduced them to the circle or sold them U tokens.
They might then go around saying that the entire crypto world is a scam, and only those with backgrounds, the so-called "Sky Dragons," can make money, even starting to develop conspiracy theories.
Second type:
Because friends recommended it or they saw some articles, they think #CryptoCircle is very profitable.
Then from downloading to registering to using, they know nothing and have to ask at every step.
Even if food is placed in front of them, they don't know to eat it; they need everything explained in detail to understand.
In an environment where trading cryptocurrencies is not explicitly prohibited, the continuous tightening of the mainland's attitude towards the crypto circle is actually a good thing. It is to protect those who are truly not suitable for the #CryptoCircle, such as the two types mentioned above.
These people also lose money when they come in and are unlikely to make money through work, trading, personal entrepreneurship, or part-time jobs within the industry.
Those who say the government is blocking their ability to make money, when they lose money, will be the first to blame the government for not protecting them.
Therefore, first filter out those who download apps, use VPNs, and have difficulty with normal KYC deposits and withdrawals; then eliminate those filled with greed, arrogance, stubbornness, and with serious cognitive and personality flaws.
This also helps maintain stability.
For this reason, among mainland crypto enthusiasts, there may be bad ones, low-quality ones, those with limited education, or even people you think are fools... but there are rarely truly extremely stupid ones.
#BTC