When Livermore went bankrupt for the first time, how did he turn things around?
He borrowed some money and did not trade from 1913 to 1915.
Because the market was bad, he couldn't see any chance of hitting the jackpot.
In June 1915, when Bethlehem Steel was in operation, he struck a decisive blow and turned the tide.
The master endured for three years without trading, and he hit the target with one strike. Can you endure for three days?
There is no chance, you only have one bullet, one chance to pull the trigger, but you just keep biu biu biu.
I told you to stop biu, but you started attacking.
Don't rush to trade, living long is important
Remember, slow is fast! (I remember this sentence was said by Xiao Jiang)
Indicator analysis on October 6, 2023
Proportion of holdings longer than 1 year: 68.67% (less than 55% is considered high risk)
Ahr999X Index: 6.05 (below 0.4 is the bull market top area)
Ahr999 Index: 0.49 (below 1.2 is the fixed investment area, below 0.45 is the bottom hunting area)
Market capitalization of Bitcoin: 49.09%
Fear and Greed Index: 50 (Close to 100 means high risk, below 10 means bargain hunting)
Bitcoin Rainbow Index: Light blue area - BUY (orange is high risk, dark blue is the bottom-hunting area)
Ethereum Rainbow Index: Light blue area - BUY (pink is high risk, dark blue is the bottom area)
PI distance crossover: very far (very far, parallel, fast crossover, crossover (where the crossover is the bull market top))
RHODL ratio: 822 (above 50k is the top area, below 300 is the bottom area)
Jiang Zhuoer 60-day increase: -5.24% (greater than 80% means short-term bubble high risk)
RSI indicator: 49.7 (less than 45 enters the bottom-picking range, greater than 85 is the top area)
BTC retracement from the highest point: -60%
Fixed investment and fixed selling index: Fixed investment range (bottom-picking range/fixed investment range/holding range/fixed selling range/top range)
4-hour Bitcoin candlestick trend: Upward trend (upward trend/downward trend)
1-day Bitcoin K-line trend: Upward trend (upward trend/downward trend)
Please indicate the source when forwarding: Bull Market Escape Guide
All the above texts are my personal opinions and do not constitute any investment advice.