memeking_888

In the morning, I chatted in the group about the market and found that everyone is generally pessimistic about it. My feeling is that the hot money in this market is still retreating.

It’s hard to say when the turning point of the market will come, but I know one principle: as long as we continue to survive in the market, we will naturally know when the market conditions change; there's no need to carve a boat to seek a sword, nor to rely on divination or superstitions to predict the market. Even if some teachers happen to be right, they may not necessarily practice what they preach.

Most of the time, the market is a waste of time. The inertia of last year's bull market still affects most people. If one continues to use last year's investment strategies, they will face repeated failures, setbacks, and disappointments. The narrative failure will become the norm, and the market will become increasingly indifferent to stories.

Those who made big profits last year came from the right perspective on cryptocurrencies; this year, those who are losing money still come from an overly ambitious perspective or have been bottom-fishing, leading to losses from gains; profits and losses stem from the same source.

The reason the difficulty has increased, in my opinion, is:

1. The hot money in the market is still in a retreating state; the ceiling has lowered, and being overly ambitious or chasing highs can easily lead to losses. Even some opportunities that could have made money can easily turn into losses if one misses the best timing to sell or finds themselves buying at a midpoint.

2. The context is unclear. Unlike last year, when the context was right, even if one missed a chance, they could still guess the next one or have multiple betas to choose from, which was sufficient (the beta ceiling and sustainability last year might have been stronger than this year's so-called alpha targets). This year's hotspots are relatively scattered, and capturing the context is less precise than having pinpoint targeting.

"The strong never complain about the environment; adapting to the market and adjusting strategies is the key."

To briefly discuss my investment research strategy for this year:

1. Focus on meticulous research, invest a lot of time in research, and reduce trading frequency; primarily short-term; establish a good tracking table for my targets, work meticulously, and follow the progress of some bottom-priced targets to guide operations. The probability of loss in this approach is significantly lower than randomly chasing small, localized hotspots.

2. Try to capture stage-specific major hotspots and reduce PvP; there are significantly fewer stage hotspots than last year, and the difficulty of capturing them has also increased, but there are still some, such as RFC, B, Pas, labubu, etc.

[1] https://t.co/FAQaeh0zqR
[2] https://t.co/97XfZbwgT9
[3]

This morning, I chatted about the market in the group and found that everyone is generally pessimistic about it. My impression is that the hot money in this market is still retreating.

When will the turning point for the market arrive? It's hard to say, but I know one principle: as long as we survive in the market, we will naturally know when the market conditions change. There is no need to seek predictions by carving boats to find swords, nor do we need to rely on divination or superstitious predictions about the market. Even if some teachers happen to be correct, they themselves may not truly align with their knowledge and actions.

Most of the time, the market is in a state of garbage time. The inertia of last year's bull market still affects most people. If we continue to use last year’s investment strategies, we will face repeated failures, setbacks, and disappointments. The failure of narratives will become the norm, and the market is increasingly uninterested in stories.

Those who made big money last year mostly did so because they had the right perspective on cryptocurrencies. This year, those who are losing big money still come from either having an overly optimistic perspective or continuously trying to catch the bottom, leading to a turn from profit to loss; gains and losses stem from the same source.

The reason the difficulty has increased, in my opinion, is:

1. The hot money in the market is still in a state of retreat; the ceiling has lowered, and an overly optimistic perspective or chasing highs can easily lead to losses. Even some opportunities that were originally profitable can easily turn into losing situations if one misses the best time to sell or finds themselves buying halfway up the mountain.

2. The connections are unclear; unlike last year, where the connections were correctly identified, even if one missed a chance, the next could still be guessed or there were multiple betas available, which were sufficient (the beta ceiling and sustainability of last year might have been stronger than this year's so-called alpha targets); this year's hotspots are more scattered, making it less effective to grasp the connections compared to precise targeting.

"The strong never complain about the environment; adapting to the market and adjusting strategies is the key."

To briefly outline my own investment research strategy for this year:

1. Focus on precision and careful research, spending a lot of time on research, and reducing trading frequency; primarily short-term; establish a good tracking list for my targets, focus on meticulous work, and follow the progress of some price bottom targets to guide operations, which significantly reduces the probability of losses compared to randomly chasing hotspots.

2. Try to capture significant phase hotspots and reduce pvp; there are far fewer significant hotspots this year compared to last year, and the difficulty of capturing them has increased, but there are still some, such as RFC, B, Pas, labubu, etc.

[1] https://t.co/FAQaeh0zqR
[2] https://t.co/97XfZbwgT9
[3]

This morning, I chatted in the group about the market and found that everyone is generally pessimistic about it. My feeling is that the hot money in this market is still receding.

It's hard to say when the turning point for the market will come, but I know one thing: as long as we keep surviving in the market, we will naturally know when the market conditions change. There's no need to carve the boat to seek the sword, nor to rely on divination or superstitious predictions about the market. Even if some teachers happen to guess correctly, they themselves may not necessarily align their actions with their words.

Most of the time, the market is a waste of time. The inertia from last year's bull market still affects most people. If one continues to use last year's investment strategies, they will face repeated failures, setbacks, and disappointments; narrative failures will become the norm, and the market will increasingly stop listening to stories.

Those who made big money last year primarily did so because they aligned with the right cryptocurrencies. This year, those who are losing big money still come from either being overly optimistic or continuously bottom-fishing, leading to losses after initially making profits; gains and losses originate from the same source.

I believe the difficulty has increased because:

1. The hot money in the market is still in a receding state; the ceiling has lowered, and being overly optimistic or chasing high prices can easily lead to losses. Even some opportunities that could originally make money can turn into losses if one bottom-fishes.

2. The connections are unclear; unlike last year, where if you grasped the connections correctly, even if you missed one, you could guess the next one or there were multiple betas to choose from. This year, the hotspots are more scattered, and capturing the connections is not as effective as precise targeting.

"The strong never complain about the environment; adapting to the market and adjusting strategies is the key."

Let me briefly talk about my own investment research strategy this year:

1. Focus on fine-tuning, invest a lot of time in research, and reduce trading frequency; focus on short-term trading; establish a good tracking sheet for your targets and fine-tune it, keeping up with the progress of some price bottom targets to guide operations. This reduces the probability of losses compared to blindly chasing hotspots.

2. Try to capture major phase hotspots and reduce pvp; there are significantly fewer phase hotspots than last year, and the difficulty of capturing them has also increased, but there are still some, such as RFC, B, Pas, labubu, etc.

[1] https://t.co/FAQaeh17gp
[2] https://t.co/97XfZbwOIH
[3]

In the morning, I chatted about the market in the group and found that everyone is generally pessimistic about the market. My feeling is that the hot money in this market is still retreating.

It's hard to say when the turning point of the market will come, but I know one thing: as long as we continue to survive in the market, we will naturally know when the market condition changes. There is no need to carve a boat to seek a sword, nor to rely on divination or superstitious predictions about the market. Even if some teachers get it right, they themselves may not necessarily practice what they preach.

Most of the time, the market is a waste of time. The inertia of last year's bull market still affects the majority of people. If we continue to use last year's investment strategies, we will face repeated failures, setbacks, and disappointments. Narrative failure will become the norm, and the market will increasingly ignore stories.

Those who made big money last year mostly did so because they had the right perspective on coins, while those who are losing big money this year still come from an excessive perspective; profits and losses come from the same source.

The reason why the difficulty has increased, I believe, is:

1. The hot money in the market is still in a retreating state; the ceiling has lowered, and an excessive perspective or chasing high prices can easily lead to losses. Even some opportunities that were originally profitable can turn into losses if one tries to catch the bottom.

2. The context is unclear; unlike last year, when the context was right, even if one missed one opportunity, they could guess the next one or have several betas to work with, which was enough (the beta ceiling and sustainability from last year may be stronger than this year's so-called alpha targets); this year's hotspots are relatively scattered, making it less effective to catch the context than to aim precisely.

"The strong never complain about the environment; adapting to the market and adjusting strategies is the way to go."

To briefly discuss my investment research strategy for this year:

1. Focus intensively, spend a lot of time on research, and reduce trading frequency; primarily short-term trading; establish a good tracking table for my targets, focus intensively, and follow the progress of some bottom-priced targets to guide operations. This reduces the probability of losses compared to chasing hot spots randomly.

2. Try to catch major hotspots in stages and reduce PVP; there are significantly fewer stage hotspots than last year, and the difficulty of catching them has increased, but there are still some, such as RFC, B, Pas, labubu.

[1] https://t.co/FAQaeh17gp
[2] https://t.co/97XfZbwOIH
[3]

【On this day in history】On this day in 2021, Trump said in an interview with Fox Business that 'Bitcoin is a scam, I don't like it because it's a currency that competes with the dollar.' At that time, the BTC price was $31k, original link:

//Trump: Bitcoin ‘seems like a scam’
https://t.co/NMXLIFyYB1

Ps. About 3 years later, on July 27, 2024, Trump publicly expressed his support for Bitcoin at the Nashville Bitcoin 2024 conference and announced that if elected, he would establish a 'National Bitcoin Reserve.' At that time, the BTC price was $68k @realDonaldTrump @FoxBusiness @TheBitcoinConf 'Trump Always Chickens Out' 🌮

Inside information, I heard that Pump is going to issue a token @pumpdotfun

5B valuation, are you in?

Chinese IPs Is Meta Hard $Labubu $King #Nailong

Once again marveling at "choice is greater than effort", the wealthier a person is, the more they value choices.

A friend of mine bought a hotel in Singapore a few years ago and the university he invested in has doubled; if that money had stayed in the country and been invested in physical assets, it would have been hard to make a profit no matter how it was invested.

Education is really not the most important thing; there are many more important factors, such as cognition, execution ability, asset allocation direction choices, etc... This friend got his first bucket of gold from BTC (cognition), and his subsequent choices demonstrate greater capability.