Big news in the crypto world! After the official announcement from JPMorgan, what newbies should focus on.

This morning's official announcement from JPMorgan has set the crypto world ablaze—this top global investment bank actually announced that Bitcoin and Ethereum can be used as collateral for loans!

This is far from a routine operation; it's not an exaggeration to call it the "ice-breaking signal" of the crypto world.

In the past, to obtain a loan, you either had to mortgage a house or use stocks as collateral, and holders of currency could only reluctantly sell to realize their assets.

This is like a traditional silver institution only recognizing silver, suddenly accepting jade as collateral; the value recognition behind it is completely different.

More importantly, JPMorgan's risk control has always been known for its strictness, and it can pass its review.

Equivalent to the traditional financial sector publicly endorsing BTC and ETH: these two are assets with real value.

For ordinary players, the three most tangible impacts are:

First, the coins you hold do not need to be sold, and you can still lend out money for turnover.

Second, holding assets not only profits from price fluctuations but also increases the utility of financing.

Third, JPMorgan has taken the lead, and it is highly likely that other financial institutions will follow suit.

But newbies should never follow the trend blindly; there will definitely be barriers: the price of coins is volatile, and the amount of money that can be borrowed may be less than that of stock collateral.

In the early stages, it is highly likely to be open only to large institutions, and individual quotas will also be strictly controlled.

In fact, this has long been in the works. Recently, cryptocurrency regulations have become increasingly clear, and asset custody has also become more standardized. The conditions for traditional finance to enter the market have long been成熟了.

For newbies, the core signal is: cryptocurrency is no longer a fringe product, it is moving towards the mainstream.

But no matter how favorable the news is, one must be steady; understand the rules before taking action, blindly following the trend will definitely lead to pitfalls.

Most people are trapped in a vicious cycle, not because of a lack of effort, but because of a lack of a guiding light.

The market is always there, but opportunities do not wait for anyone - only by following the right people can you walk out of the darkness.