Must have sufficient capacity to cover various risks.

Many readers ask if they've sold anything in comment form in the past few days. What I always write in my letters, I do it myself.

In the November 27 article “Global Financial Market Crash, How to Trade Cryptocurrency,” we conducted two review strategies. One is sold out, the other is sold in advance and picked up on time. Despite both requests, it's a good idea to sell some first. So from there we started selling.

If the market doesn't have a special announcement in the next 1-2 months, I still sell the tokens I have in my hands slowly, only holding 20-30% of the tokens and sell them to the next level .

The process I am asking is for personal information only and you need to develop a work plan based on your situation. Buyers with a strong market can wait a few more years with all the chips, as some readers have suggested. In the long term, opportunities in the crypto market are still limited.

I do this because I am thinking of two things. One is the impact on the 124 short-term trust industry crashes, and the other is the recent incident involving the Chinese company mentioned in my article. The events of yesterday made me lose money. The potential for inconsistencies in business and the potential for disruption to national economies are becoming increasingly worrying. For some, the latter has had a greater impact on our Chinese investors.

The delisting of Didi and China Concept Stock Blood shows two things.

First of all, it is possible that many Chinese ideas in China will be rejected in the United States. If these Chinese members were kicked out of the United States, they would find a way to become citizens of Hong Kong or China. However, in today's environment, the fact that Hong Kong or A stocks can gain huge clients in a short period of time is a test of market capitalization. There is also uncertainty as to whether the company can complete the relist.

Second, it will become difficult for Chinese companies to enter the US market in the future. Many of these companies will be censored more tightly in the future, as many of them hold sensitive data in their homes, some of which has national security implications. An application does not have to meet financial requirements.

In general, the financial difficulties of home businesses will increase further in the future.

Readers of the recent national newspaper should have seen the news of quits or layoffs reported by many companies on the Internet. It was also reported that students who had just graduated this year were fired shortly after joining the company.

Over the past 20 years of development, the Internet industry has consistently been the highest-wage industry of all classes in China. Now the industry is starting to see signs of a recession, an indication that the internet star is too big.

High-tech industries are not optimistic and traditional industries are not optimistic.

The real estate sector represented by Evergrande has been a major pillar of the national economy for the past two decades. Real estate and businesses in the north and south have been the driving force behind the growth and operation of many businesses. The entire real estate industry is currently in a state of upheaval, and the upper and lower corporate groups that deal with them may also face difficulties.

Therefore, there are many signs that the economic and employment development of our country will face serious problems in the future. A common denominator is that the uncertainty we face will increase.

In this regard, the most important thing for us is to ensure that our financial system is able to withstand a wide range of risks and have sufficient capacity to meet a wide range of needs.