0xcryptowizard

In the cryptocurrency world, there's really no need for small funds to gamble; the first choice is to farm. I have farmed the four fools in 2023, prepared 20 addresses, and earned over 50,000 USDT.

Now, I don't know what opportunities there are to farm, as I haven't researched, but there must be some. It requires continuous physical effort and cognitive research from the front lines.

For those who gamble with small funds, my first impression is laziness; they are too lazy to earn money through hard work.

I often hear some people sigh, how did you earn tens of millions, with over ten million in unrealized gains, and still not stop? Why not just withdraw and leave?

Is trading in the cryptocurrency market really that simple?
First level, when you don't understand, how can you make that unrealized gain?
Second level, if you've really reached that unrealized gain, you would have already shot for the stars, so why stop?
Third level, a person cannot earn money that they cannot control; whether it's a month, a year, or five years, it all has to be paid back.

Because of the false breakout on the 1h chart, it's not surprising to be liquidated while going long at the daily resistance level.

There have been many instances of false breakouts in BTC on the 1h chart this week, which could be seen as being targeted by a conspiracy group, and going to zero is not unjust.

I don't understand short-term trading, nor do I believe anyone can definitively provide direction for any high leverage trades.

Every time I make a big profit, it takes more than 6 months.

There are always people who want to see alpha on the push every day, wishing to operate 10 times a day.

I really can't do that; when I operate frequently, I always lose.

Taking more than 6 months, what do I do in between? Just share some thoughts, not that many passwords to share.

With 100 directions and 100 CAs in a day, can you really make money?
You can, but only the project parties that open the market can earn.

Where Party A is, Party B will be.

Back in the day, service providers that made money through telecom SPs, including fraudulent fee deduction companies, would follow the office locations of China Mobile.
When China Mobile builds a new building, nearby office buildings are immediately fully rented.

Why?
Geographically close, it's convenient to build relationships, dine and drink together, and resources can be obtained; resources mean money.

Who is Party A in the cryptocurrency world?
Large exchanges.

Wherever the exchanges are pushed to, the entire industrial chain is likely to gather there, especially project parties, following the major exchanges.

As for Singapore's legislation, it doesn't matter whether it regulates service providers; as long as it drives the exchanges away, most of the entire ecosystem will follow.

The cryptocurrency community is not interested in whether you are building; they only care about whether you can make money.

Because,
if what you build truly has value, it will definitely be reflected in the price of the coin;
if what you build has no value, the intention and effort are meaningless and won't help anyone.

pump learned from the lessons of opensea, must extract all liquidity, should eat as much as possible and take as much as possible.

Guess the size betting contract, there is only one outcome, liquidation and complete loss.

But this is still the most participated, with the most investment, and the largest source of profit for exchanges in the cryptocurrency world.

No matter how many "geniuses" tell everyone that there are no geniuses in this world, there are still people who believe they are the next lucky one.

Why? Human nature.

They don't really want to make money, they just want to gamble.

They deceive themselves, and no amount of facts and logic can compete with,

self-deception.

When Trump Coin keeps rising,

someone left me a message:
Trump, you haven't made any profit, so stop talking.

For those still thinking this way, it shows they haven't entered the world of trading.

Because:

First, they think this trade is very simple.
In fact, those who haven't lost on Trump Coin have outperformed most people;

Second, they believe every opportunity should be seized.
Traders who think their skill set is limitless actually have no skill set and don't really understand anything.

If you are capable, lucky, diligent, and focused.

By chance, you made a fortune in the crypto world that could last several lifetimes.

With high spirits, dressed in fine clothes and riding a spirited horse, you admired the blossoms of Chang'an in one night.

In the near future, on a quiet night, staring blankly at an account that is almost at zero, you will finally understand:

This was merely fate lightly opening its mouth to reveal its fangs to you.

From then on, your speculation in the crypto world truly begins.

During the Spring and Autumn period, Duke Mu of Qin asked Jian Shuo, 'How can I dominate the world?'

Jian Shuo replied: "To dominate the world, one must adhere to three cautions: do not be greedy, do not be angry, do not be hasty. Greed leads to greater losses, anger brings more difficulties, and haste causes many failures. When weighing the pros and cons and planning accordingly, why need greed? When comparing oneself to others and thinking from their perspective, why need to get angry? When considering the urgency of matters and planning calmly, why need haste? If you can heed these three cautions, you will be close to domination. ​"

The meaning is:

"Those who dominate the world have three cautions: caution against greed, caution against anger, caution against haste.

Greed leads to greater losses;
Anger easily brings difficulties;
Haste can cause missteps.

Weighing the pros and cons in planning, why need greed?
Empathizing with others, measuring oneself against others, why need to get angry?
Considering the urgency of matters and planning calmly, why need haste?

If you can adhere to these three cautions, your path to dominance will be nearer.
"

Think about trading as well, it is nothing more than:

Judging win rates/profits and losses, rather than blindly betting due to FOMO;
Controlling emotions, not losing rationality during wins and losses;
Not being hasty, but maintaining patience.

Two thousand years ago, Jian Shuo understood this; in modern times, he would also be a good trader.

Reviewed the meme categories again. From the current perspective, excluding:

Super large market cap memes, limited upside;
Homogenization, no dissemination, only cabal's;
No major liquidity support, purely on-chain controlled pump;
Not aligned with current hot topics.

If there’s a season of altcoins coming up, the best choice is still pnut, most likely to be great.

In the crypto world, it is still important to honestly improve your trading skills.

Focus on thinking and information related to trading output, rather than trying to gain traffic.

Traffic without the support of trading skills is meaningless.

Siddhartha is a thin book.

At first glance, it seems to be about Buddhism, but upon further reflection, it actually encompasses the path of seeking truth in all aspects, including trading.

Stage One

Seeking outwardly, reading, asking the wise, trying it yourself, discovering that the so-called 'wise ones' are merely echoing others' words.

Even encountering the Buddha may not resolve the inner confusion; one realizes that all paths and all Buddhas are not just a set of principles, but need to be felt and experienced personally.

Just like in the beginning of trading, we read books, learn, and follow others step by step, only to find that many principles are facts rather than truths; many teachers are merely imitating the steps of others.

Stage Two

Seeking inwardly, experiencing, trial and error. Siddhartha experienced everything the world had to offer: love, power, money, indulgence in drinking, and addiction to gambling.

Then, he realized what the opposite of the path was, recognizing the nature of demons, which allowed him to outline what the Buddha truly is.

In trading, we experience and undergo all kinds of mistakes and foolishness; we may become angry and reckless gamblers, and because of a big win, we might become arrogant, thinking that this line of work is trivial, that we are gods, that we are money-printing machines.

Stage Three

To lose is to gain; to be lost is to attain enlightenment.

One day, Siddhartha awakened, fled that life, and even contemplated ending his life; he lost his lover and even his only son. He saw himself in everyone’s faces and recognized what compassion truly is.

Just as in the depth of trading, we discover that mistakes are like this, human nature is so foolish, and only after losing everything do we understand what should not be done, what to avoid, and to adhere to the correct, simple principles of our own trading.

BTC breaks previous high, the second wave of altcoin rally is about to start, next leg up

🐿️🥜

btc is one step away from a new high
eth is twice as far from a new high

The BTC weekend scam has reached a level of 5 stars in terms of outrageousness. I can't imagine which short-term trader could get it right; anyway, I was left stunned watching the show.

Every era has its opportunities

1980s-1990s
Opportunities in business

2000s-2020s
Opportunities in the internet and mobile internet
Opportunities in Chinese real estate

2010-Present
Opportunities in cryptocurrency
Opportunities in AI

There are always people who haven't made money, claiming their era is bad, and that good opportunities have been taken by predecessors.

Is it possible that, just like looking back at historical K-line charts,
seeing that making money in others' eras seems easy,
but when it comes to one's own era, it becomes challenging?

Every era has its opportunities

1980s-1990s
Opportunities in business ventures

2000s-2020s
Opportunities in the internet and mobile internet
Opportunities in Chinese real estate

2010-Present
Opportunities in cryptocurrency
Opportunities in AI

There are always people who haven't made money, saying their era is not good, and that good opportunities have been taken by predecessors.

Is it possible that, just like looking back at historical candlestick charts,
it seems easy to make money in others' eras,
but when it comes to one's own era, they cannot play the game.