Big waves, big boats; small waves, small boats. Khoa Pug declared bankruptcy and everyone believes it. As for me, I just drink rice wine with peanuts and also ruined my plan to fly clean out of money, but no one believes it. The economy is also difficult again!
One mile. Travel 80,000 miles! Must accept the reality, divide into 8 accounts. And cannot return to shore in the short to medium term! Next year look for another job.
The government aims to put the cryptocurrency and gold exchange into operation before 10/02. 7 applications submitted, only 5 approved. Today is already 5/2 haha
Although it is not clear whether airdrop farming will be allowed when the law takes effect. But it is clear that Vietnam is blocking Polymarket and it will be dangerous if you farm the Polymarket airdrop or similar ones if you have to post or drop a referral!
Making a crypto exchange like Bybit, Okx, Binance,... is very difficult. The press says March has it, the prime minister says try in February, but now it's the 30th already... I think it's hard to say that it can just happen. It could simply come out "just to exist" to activate it 6 months after the first exchange, and during those 6 months, they will gradually consolidate...
Unless they are transferred technology from large exchanges, like contributing capital, joint investment!
For me, whatever. Let's say March, then around September-October/2026 I will just follow Vietnamese laws if I want to play. Then we will calculate further, it's no use thinking too far now!
The decline of the USD and when the confidence of the big players is broken is extremely dangerous. For example, Ray Dalio explains that the big players buy gold just to balance out the decline of the USD. It's like hedging!
This means that when the majority hold USD, they reduce risk. Now they are collectively selling USD and buying gold to balance risk as the USD declines.
This will trigger a very strong price increase when these currencies target (for now, gold and silver).
I'm so bored right now that I don't want to grind anything, I don't know if I'm as bored as I was in 2019-2020, my spirit is in chaos, I’ve lost my clarity. I'm just bored and don't want to do anything except post silly stuff.
But I'm afraid of being fined 90-180 million for posting while grinding airdrops, haiz!
I guess I'll borrow some money this Tet to buy medicine!!!
I have seen this in Bitcoin in each cycle: - 2017: queuing to buy btc from 15-19k - 2021: queuing to buy from 55k-70k After that, everyone understands that selling in time means profit and break-even, not in time means being tormented for 4 years to reach the shore.
Will it repeat with gold, silver, copper, or other commodities?