- Xinxi Wang shared his thoughts on Twitter regarding Cryptocurrency recently.
- Xinxi Wang summarised that it is just the individual who has entered and the market in the battle, which he described as cold and brutal but can be hoped at its fullest.
- The first character he described is to be disciplined in the market trends and not to risk what the individual cannot afford.
Xinxi Wang, the co-founder of the Litecoin foundation and Cryptocurrency exchange platform Coinut, shared his thoughts on Twitter regarding Cryptocurrency recently.
He says that if an individual enters the crypto world, there is no bailout, no QE (Quantitative Easing), no president pump, and nothing else, and according to his view entering crypto is a onetime function with no option of exiting.
If you enter the crypto world, accept the fact that there is no bailout, no QE, no president pump, no everything else.
It's just you and the market, the cold and brutal but full of hope market.
— Xinxi Wang (王新喜) (@TheRealXinxi) March 15, 2020
He summarised that it is just the individual who has entered and the market in the battle, which he described as cold and brutal but can be hoped at its fullest. He also posted a set of rules to follow in the unpredictable market to stay in the safe zone.
The first character he described is to be disciplined in the market trends and not to risk what the individual cannot afford, and the next rule he defined is not to use any leverage in the market trade. Still, if the individual uses leverage, it should be bearable.
Xinxi is the co-founder and CEO of the Coinut Cryptocurrency Exchange Platform. He started his trading journey got his first pot of yield in the Forex market and later he was attracted to Bitcoin and its features back in 2011.
He completed his Ph.D. degree in Computer Science from the National University of Singapore. Xinxi is currently a core developer in the Litecoin foundation after he co-founded the Foundation along with Charlie Lee and later co-founded another Crypto-related product, Coinut Cryptocurrency Exchange Platform.
Which is based in both Singapore and Canada, Coinut stands for COIN Ultimate Trading. This trading and exchange platform is one of the prominent and growing exchange platform in the industry specially designed for Litecoin trading, users who sign up on this trading platform get $2 worth of Litecoin as a bonus.