Read the warning signs of thunderstorms in one article

BTC suddenly rebounded overnight and once reached above 42k. The specific situation is discussed in the internal reference and will not be repeated here. What we are going to talk about next is the bottomless promotion post of a certain CEX platform (I won’t name it to avoid advertising for it).

This CEX platform with the prefix XX (not the XX that everyone is most familiar with) has issued some out-of-context, They covertly poked fun at a certain o-journalism platform's manuscripts and concocted sensational headlines, saying that the platform would "gradually close services" and "stop new user registrations" and so on.

Its safety, as well as various benefits and so on.

It is not the most important thing whether this kind of vulgar way makes people feel disgusted, but the most important thing is that a platform that hosts a large number of user assets, It should be serious and cautious, but it actually resorts to such clumsy tactics to attack competitors and nakedly guide users to transfer assets to its own platform. This is a very abnormal and almost demonic situation.

To put it in a word that is as sensational as their bad manuscripts, it is not that a certain o journal will go bankrupt, but whether this certain platform will go bankrupt, right?

The FTX thunderstorm in 2022 is not far away. In 2023, many so-called wealth platforms in China have experienced thunderstorms, harvesting many high-net-worth middle-class people overnight.

When a platform falls into a deficit due to poor management, lax internal controls, or even self-inflicted theft, the platform enters the countdown stage of life of Ponzi operation. At this time, none of the platforms will choose to proactively disclose the truth. On the contrary, they will further step up the launch of various financial products, or high-interest benefits, or vigorously promote to attract savers, in order to attract more fresh blood. Fresh funds are invested in it to delay the death of thunderstorms.

But to be honest, generally speaking, entering this stage is like late stage cancer. The harder the cancerous tissue tries to grab nutrients, the faster the entire life system dies. . However, the controllers, managers and even everyone on this group of platforms have entered this cancer mode and cannot extricate themselves. They use every possible means to deceive and abduct, and finally enter the stage of running with their eyes closed to "cheat everyone they can".

So whenever we see such abnormal and bottomless things, we must be highly vigilant, think reversely, attack competitors, and absorb funds for ourselves. why is that? Does this mean that it may be very hungry for funds, and is almost dying of thirst?

At this time, as an ordinary retail investor, the most important and urgent thing you can do is to do exactly the opposite of what it desperately induces you to do, and seize the opportunity. All assets have been withdrawn from this suspected high-risk platform. No matter what attractive benefits it offers, please do not use and recharge this platform easily again!

Confucius said that a gentleman does not stand under a dangerous wall. This does not mean that the dangerous wall will fall down soon, or that it will definitely hit you if it falls. Rather, never put yourself in a position where you could be hit by a dangerous wall. After all, Murphy's Law says that if something can go wrong, it will.

Before the FTX thunderstorm, there was actually a two or three-day escape window. As soon as the author heard the commotion, his friends immediately grabbed the full amount of their coins and retreated. But those who were lucky and wanted to observe and observe again were buried inside after waiting for a while.

The cost of withdrawing coins is very low, but it can avoid large potential risks. It is a low-cost and high-yield thing. Without mentioning coins, there is not much cost savings, but there is a huge risk of losing assets. It is a high-cost and low-yield thing. How to choose should not be a problem. But there are always fools whose minds and eyes are blinded and fall for it.

In fact, as early as September last year, this platform was noticed and mentioned in the 9.27 "The Dollar's Biggest Nightmare". At that time, it frantically promoted its various financial products on many vertical media in the industry. There are even products with a BTC-based APR of 14%, which really shocked the author.

Jiaolian commented in the internal reference at that time: "It's different from making quick money by doing short-term fast in and fast out, you can make quick money by doing short-term The risk of withdrawing and staying is not great. But financial management requires locking assets for a long time, and the structural risk of the CEX platform itself will be very fatal."

Now it seems , for more than half a year, its problems may not have been alleviated, but some have become even more critical.

As I said before, it does not mean that there will be a thunderstorm immediately if there are warning signs. But you don’t need to put your hard-earned money in a place with potential risk of thunderstorms, right?

Revere the market. The market is full of invisible landmines. The market has 10,000 ways to take away the investment you have worked hard for for five or ten years, including the income and principal.

Especially in this immature crypto market, the first issue is not about making more or less, but about the safety of not losing money.

Be careful, and you will sail the ship for thousands of years. Remember remember.