Is raising golden coin turtles profitable? Analysis of breeding prospects and benefits
Golden coin turtles are commonly raised in southern China, with main breeding areas distributed across Guangdong, Guangxi, Hainan, Hong Kong, China and Fujian, and abroad they are mainly distributed in Vietnam, Thailand and other places. Because it has an ancient coin pattern on its back, it is called the “golden coin turtle”. Is raising golden coin turtles profitable? Let's take a look together below!
The golden coin turtle as a symbol of wealth
The golden coin turtle has a peculiar appearance, with three lines, red edges, a half-"mi" character-shaped plastron, a red back, and a red neck, all the more showing a premium quality. The legend that the golden coin turtle can cure diseases and the homophonic "golden coin returns" have kept the golden coin turtle's status high. The turtle (gui) and "return" (gui) are homophones, expressing people's expectation of abundant wealth flowing in. In Hong Kong, China many people believe the golden coin turtle is "golden coin returns", so raising golden coin turtles is very profitable. In Guangdong, many people believe the golden coin turtle can cure cancer. Such legends have opened up new space for the golden coin turtle's breeding prospects. The golden coin turtle can not only be used to treat diseases, but also has extremely high ornamental value, being auspicious, spiritual, and honest and simple. Legend says it is a treasure for guarding the home, able to bring the owner peace and good luck. Compared with the top-grade ornamental golden-headed box turtle, it has more advantages. It is precisely these advantages that have made golden coin turtle breeding a money-making breeding project for people.
The medicinal value of the golden coin turtle
The golden coin turtle has certain medicinal value and is rich in nutrients. It can nourish yin and strengthen yang, remove dampness and detoxify, reduce swelling, and benefit the liver and moisten the lungs. Another reason the golden coin turtle's status remains high is that breeding it is somewhat difficult. This difficulty is not that it cannot reproduce, but that its reproductive capacity is relatively low. This is determined by genes and is very hard to change all at once; it needs to be solved through complex bioengineering. Because the golden coin turtle's reproduction is limited, it appears even more precious. Especially in the Guangdong area, which is close to Hong Kong, China, there are many wealthy people with urgent health care needs, and they have turned their eyes to the golden coin turtle, hoping to find the secret to longevity in it. Thus health products made from the golden coin turtle emerged at the historic moment, aimed at high-end consumers, and the golden coin turtle has a market prospect that flourishes without decline.
Is raising golden coin turtles profitable?
The number of golden coin turtles is not small. They are mainly distributed in China's Guangdong, Guangxi, Hainan, Hong Kong, China, Macao, China, Taiwan, China, and in subtropical countries and regions such as Vietnam and Thailand. However, speculators and turtle dealers, through TV advertisements, newspaper publicity and other means, portray them as "rare" and "mysterious", and prices rise crazily. Turtle hatchlings rose from a few dozen yuan each to more than 50,000 yuan each, and mature male turtles rose from a few hundred yuan each to more than 500,000 yuan each, an increase of more than 10,000 times.
Price is the expression of value, and the price of a commodity should match its value. However, due to highly frenzied speculation, the golden coin turtle rose from a few dozen yuan each to several hundred thousand yuan each, an increase of more than 10,000 times. The golden coin turtle's price has been infinitely exaggerated, causing it to seriously deviate from its own value, forming a serious market bubble with highly accumulated risk. The higher the increase, the greater the fall. Therefore, as to whether raising golden coin turtles is profitable or not, the editor cannot answer accurately either. Generally speaking, the risk is very high, somewhat similar to speculating in stocks, so everyone should invest cautiously.