#分享美股交易赢英伟达股票

Cryptocurrency exchanges are increasingly connecting to the U.S. stock market. Some say it's good, others say it's bad. Whether it's a blessing or a curse will have to be tested over time. From the current perspective, it doesn't seem very optimistic, after all, there has been a sharp decline, especially with the funds in altcoins becoming even tighter.
Today, I don't want to analyze whether it's a blessing or a curse; I just want to remind everyone that the water in the U.S. stock market is very deep. The 80/20 rule wasn't invented by the crypto market; it comes from the stock market. If you've been unsuccessful trading cryptocurrencies, then jumping into stocks now will probably still not work.
Crypto exchanges are modeled after securities exchanges. Many early crypto traders were failures in stock trading. So don't forget, stock trading can also lead to losses, bankruptcy, and even suicide. Every year, more people worldwide lose heavily trading stocks than in the crypto market, and among them are some extraordinary talents:
Jesse Livermore: "Wall Street's Speculation King" in the early 20th century, shorted U.S. stocks in 1929 and made about $100 million (equivalent to 28 billion RMB today), but due to heavy leverage, emotional trading, and large positions, filed for bankruptcy in 1934, owing far more than his assets, and committed suicide in 1940.
Isaac Newton: participated in the "South Sea Bubble" speculation in 1720, initially earned 7,000 pounds but lost about 20k pounds (equivalent to about 3 million pounds today, far exceeding his annual salary) after chasing high prices, lamenting, "I can calculate the orbits of the planets but cannot predict human madness."
Irving Fisher: Yale economist, highly regarded before 1929, heavily leveraged stocks (such as Remington Rand) and claimed "stock prices have reached a permanent plateau"; lost $8–10 million during the stock market crash (including funds from friends and family), went bankrupt in the early 1930s, lived renting from Yale, and died still owing $730k.
Benjamin Graham: "Father of value investing," mentor to Warren Buffett, lost over 70% of his fund during the Great Depression of 1929–1932, nearly went bankrupt, was forced to sell assets, but recovered after years of restructuring, which led to the concept of "margin of safety."
John Maynard Keynes: British economist, went bankrupt after a margin call from shorting European currencies in 1920; before 1929, his net worth shrank by 75% due to commodity futures, then turned to long-term value investing, reversing his fortunes.
Winston Churchill: invested in stocks during a visit to the U.S. in 1929, lost about $100k (or 500k pounds) in a single day, nearly went bankrupt, but was saved by a friend's counter-account, and then stayed away from stocks.
A more recent example: in 2023, Warren Buffett's most successful lifelong partner, another stock legend, 99-year-old Charlie Munger, suffered a massive loss after heavily investing in Alibaba. This veteran of U.S. stocks had to publicly admit that investing in Alibaba was a huge mistake.
So, do you think you can do better than the above?
The wave of crypto exchanges connecting to the U.S. stock market has given many new generation crypto traders a false impression—that they can finally trade U.S. stocks directly with cryptocurrencies! It’s like opening a new land of wealth! But in reality, this is largely an illusion held by the younger Chinese generation.
Because opening a U.S. stock account is difficult, transferring funds from the crypto market to stocks is difficult. This is mainly because you are Chinese; overseas users have always been able to do this, and it’s not that hard. In fact, even Chinese traders wanting to trade U.S. stocks have many channels, such as the old Tiger Securities, Futu Securities, and Changqiao Securities that were penalized this time. These brokerages have been helping mainland Chinese open overseas U.S. and Hong Kong stock accounts for years. But most young Chinese crypto traders have stopped trading stocks due to poor A-share performance, difficulty opening U.S. and Hong Kong accounts, and challenges with fund transfers, so they are unaware of these channels. These channels for Chinese traders to invest in U.S. and Hong Kong stocks have always existed, but few have made fortunes from them. Similarly, overseas users can open accounts and trade U.S. stocks freely, but only a few get rich from trading stocks. The 80/20 rule has always been valid in the U.S. stock market, and this rule originally comes from here.
So, the U.S. stock market is not a new land. Don’t get carried away—don’t throw your remaining crypto capital into a market you know even less about and risk losing it all. The U.S. stock market has no daily price limits; stocks can drop 90% in a day, such as the once-cash-cow "New Oriental" and "TAL Education" (Xueersi). Also, U.S. stocks can legally go to zero—there’s no need for projects to run away; delisting occurs when a stock falls below $1 for a period. For example, the "Guanan Technology," once touted as the top mining machine stock, has been hanging by a thread!
What does the old saying go? "If you gaze into the abyss, the abyss gazes back at you." Whether you’re trading crypto or stocks, if you want to profit, the key isn’t which market you’re in, but improving your understanding and trading skills. Otherwise, you might end up losing even more elsewhere. $BTC $ETH