Seize the opportunity for a 10x chip before the launch of the altcoin season!
FIDA
FIDA short-term trend faces direction choice, the current price is close to the descending triangle resistance level, if it cannot effectively break through, it may trigger a pullback.
However, from the volume structure, the bottom shows a **'volume contraction to volume expansion' characteristic, suggesting that the main force may be inclined to range-bound consolidation.
- Operation Suggestion: Aggressive investors can wait for the price to pull back to the lower boundary of the range (around $0.12) to enter in batches, with a stop loss set at $0.1005 (break below trend structure);
- Target Expectation: If the upper boundary of the range is broken, the medium-term target can be seen at $3.8 (potential increase of over 30 times), caution is required for the risk of triangle breakout.
SUI
Sui (SUI) has emerged in the cryptocurrency field by addressing key issues such as speed, decentralization, and security. The current price of SUI is approximately $3.71, an increase of 78.54% in the past 30 days. It is currently testing the main trend line and rebounding from the 25-day moving average. If it maintains above the support level, it may rise to resistance levels of $3.97 and $4.73, or even break through $6.09.
One of the reasons for growth is the increased support from institutional investors and DeFi users. It is expected that the market value of stablecoins will double by 2025, enhancing DeFi activity and liquidity on the Sui network. The Mysten Labs team is composed of former Meta engineers who lead upgrades and maintain stable development.
DOGE
Dogecoin is a very special thing. Firstly, it is the only meme with a PoW structure and is also the earliest and most prominent one, having already completed a round of 100X and several rounds of 10X miraculous performances. Its price is very subtle, around 0.x dollars, very close to the daily monetary figures that Americans are used to.
With Elon Musk's continuous endorsement, I have no doubt that in the future, Dogecoin will definitely reach 1 dollar, at which point 1 doge = 1$. This price has a beauty similar to Euler's identity and is not too far away, let's wait and see.
Why do most cryptocurrency traders always find themselves stuck in a pit?
Look at those who stare at the market every day for trading; they spend a lot of time studying, and who doesn't have dark circles heavier than a panda?
The stories of borrowing money to gamble or jumping off buildings due to liquidation are well-known, but why does everyone still rush in as if they are poisoned?
This matter must start with 'time illusion.' For example, if you hear that Bitcoin is going to drop next month, you definitely wouldn't buy it now, right? You'd be thinking, 'I'll wait until it drops to the bottom to buy back.'
But when the time comes, you hesitate: 'What if it drops again if I buy now?' As a result, you watch the price bottom out and rebound, and then you regret: 'I should have bought yesterday!' But when the price rises 10% tomorrow, you think, 'If I buy now, I'll lose; I'll wait for a pullback.'
After rising, people regret not buying more earlier, and after falling, they regret buying too early. This cycle of entanglement leads to one of two outcomes: either missing the opportunity or gritting their teeth to buy in when the price peaks, which is a typical novice mentality.
Let's talk about this 'loser counterattack dream.' In reality, if you deliver takeout or screw screws, there's no way to make big money.
But in the cryptocurrency world, yesterday you were grilling skewers with a buddy, and today they might suddenly be driving a Porsche because they bought some Dogecoin. This illusion of 'nobility has no inherent qualities' is even more intoxicating than a TikTok girl shaking her waist.
What's more bizarre is that there is no 'win or lose' in this space. Those who made money think, 'I can earn even more,' and mortgaged their houses to keep pushing; those who lost money think, 'Next time I'll definitely recover,' and use cash from their credit lines to continue gambling.
It's like trying to grab a toy from a claw machine; you know the tricks, but you can't stop your hand from reaching out when you hear the clinking of coins.
In simple terms, the cryptocurrency space is a 24/7 wealth dream factory. In reality, those suffocating under mortgage and car loans can find the thrill of 'risking it all for a chance at big returns' here.
Even if you know the dealer has the remote control, you still feel you can grab that K-line that changes your fate—after all, who hasn't dreamed of lying down and counting money?
1. Don't be arrogant and complacent when in profit
An arrogant person ultimately destroys themselves in their pride. In the process of investing and managing finances, if a person becomes arrogant and complacent because they made a profit, they will eventually face a day of losses. The reason lies in the fact that arrogant people tend to ignore others' opinions and suggestions because of their small achievements. Even if the market changes, they will stubbornly believe in themselves, thinking their decisions are always correct, while neglecting risk prevention, which can ultimately lead to losses.
2. Don't rush to recover losses when in the red
It is normal to have both gains and losses in cryptocurrency trading. After discussing profits, let's talk about losses. Profits can make some people arrogant, while losses can trigger the desire to recover quickly. However, recovering losses also depends on timing. If you are too eager to recover, you may make irrational decisions. For example, some people, eager to recover losses, bet all their trading funds on a coin that seems to have great potential. However, the market is always uncertain and uncontrollable; if that coin's price drops, you may not only fail to recover but also incur greater losses.
3. Don't be greedy for quick gains
Accumulating wealth through cryptocurrency trading is a long process. If during this process, one is both greedy and eager for quick profits, it is basically impossible to achieve wealth growth. Because both of these mindsets will lead people to blindly chase profits, losing their rationality when faced with high returns. However, high returns mean high risks, and blind investment can only lead to failure. Only by pursuing stable growth of wealth can one balance risks and profits.
4. Don't be overly concerned about gains and losses
Investors who are overly concerned about gains and losses often struggle for a long time before investing, fearing that their money will incur losses. Once they finally decide to invest, this mindset becomes even more pronounced. As soon as they see a decrease in their account balance, they become anxious and irritable. If the decrease is significant, they either withdraw their investment or seek out insider information, hoping to recover quickly, which usually ends in losses. Additionally, if they hear news about a platform running away or withdrawal difficulties, they will worry about the safety of their investments. Even if their platform has no issues, they may choose not to invest again, making it difficult to continue on the path of investment and finance.
Cryptocurrency trading skills: mindset training
There is a saying in business: 'Don't do what you are not familiar with.' The same applies to cryptocurrency trading. Before entering the market for real trading, you must master some basic operating knowledge and skills. For friends who want to make a mark in the cryptocurrency space, the following knowledge is crucial.
Tip One
Trading requires honesty and integrity. You might wonder what this has to do with trading. Generally, traders like to show off their profit trades and never disclose their losses. Because they do not realize that losses are also part of profits. Every aspect of trading needs to be treated with an honest heart.
Tip Two
Trading requires following rules. Ancient people said, 'Without rules, one cannot form a square or a circle.' Of course, trading also has its rules. If you violate these rules, you will pay the price of freedom. Trading cannot be based on emotions, it cannot be impulsive; you must understand when you can trade and when you cannot.
Tip Three
Trading requires patience. Open the trading software, first observe the market trends, check the data released that day, and look at the current trends—short-term, medium-term, and long-term. Then, start making a trading plan, including entry points, stop-loss points, and profit points.
Tip Four
Trading requires thinking. Develop the habit of thinking during trading. Some good habits in trading must be cultivated through countless trades. Some habits from simulated trading, once brought into real trading, become irrelevant as long as they are beneficial to the trade. If they hinder your trading, you must make adjustments.
Tip Five
Don't expect to buy at a low price or sell at a high price. Some people always want to buy at a low price and sell at a high price; this urgent desire to earn money is very dangerous, and the result is often counterproductive. Greed brings no benefit.
To sail through the sea of books, one must be diligent; to trek the path of learning, one must persevere. You will surely return home laden with knowledge.
I am A-Xin, if you don't know how to operate in a bull market, click on my avatar and follow me for bull market spot planning, contract strategies, and free sharing.
