Ordinary people who want to make big money but have no abilities or resources.
The crypto world is all about speculation; it is a tool for Americans to harvest global wealth. So ordinary people shouldn't think about making a fortune in one go; it's better to be steady and accumulate wealth little by little.
As a speculator, I feel both excited and cautious about Bitcoin breaking above $100,000, with a peak of $93,200. However, you should know that Bitcoin is now a tool for Americans to harvest global wealth.
Firstly, Bitcoin's historic breakthrough undoubtedly brought a tremendous shock to the market. This is not just a numerical change but also a reflection of the market's confidence in Bitcoin. From the political momentum brought by Trump's election victory to the widespread hype on social media, and the Federal Reserve's continued rate cuts, along with the prospect of Bitcoin becoming a strategic reserve asset for the United States, these factors have greatly propelled Bitcoin's price increase.
However, investment always comes with risks. Bitcoin, as a high-risk asset, is known for its significant price volatility. Although the current market sentiment is bullish, we must also be wary of potential pullbacks or consolidations. After all, the market changes rapidly, and any slight movement could trigger significant price fluctuations.
As for whether Bitcoin can break through $100,000, I believe this is not something that can happen overnight. Although some analysts and traders are optimistic, thinking that Bitcoin may reach or even exceed this price level in the near future, we must also recognize that this prediction is based on current market conditions and a series of assumptions. In fact, Bitcoin's price movement will be influenced by various factors, including but not limited to market dynamics, regulatory policies, investor sentiment, and technological developments.
Therefore, as ordinary people, if we want to make money in this market, we must focus, have a complete trading system, and luck is also essential. These three are indispensable for sustained profits.
Many traders can actually make money for a while, but after one big loss or stop-loss, their trading rhythm changes. The trading starts to get out of control, resulting in continuous losses or liquidation, leading to a loss of confidence in this market. Really, it's not easy to consistently make money in any industry; you have to become part of that 5% of successful people. What I mean by focus, trading system, and luck are necessary conditions to becoming one of the few successful traders.
Trading is often against human nature, and full-time trading requires overcoming more pain, misunderstanding, and loneliness. Also, never self-denigrate; slowly find your trading rhythm. When things are going well, do not get carried away; when they are not, do not belittle yourself. Remember, the past cannot be undone, but the future can be changed.
This is a cannibalistic market, and it is also a market that creates myths. Here is a paradise for speculators and a hell for gamblers. The 24/7 trading hours can be addictive, and 100x leverage can drive people crazy. I have experienced turning 15 times in one night and also lost 40,000 USDT in one go. Looking back, the bitterness is hard to express in words. I just want to share my experience, hoping you can understand trading coins from another perspective and we can encourage each other.
It took me nearly two years to truly earn my first pot of gold in the crypto world. I was introduced to crypto futures trading in 2018, and at that time, I was fearless. With my own strength, I lost over 800,000 in half a year. I was still working then, and although most of it was my savings, I didn't dare let my family know because they initially did not understand or support me in this. I think the hardest part was not how much I lost, but the feeling of loss and the negative emotions under long-term pressure; I was very melancholic.
In the following year or more, I continued to make and lose money, but became increasingly familiar with Ethereum's trends, gradually forming my own market sense and trading rhythm. Perhaps due to good luck, in 2020's bull market, with Ethereum's surge, my trading system matured as well, and my intraday swing trading points became more accurate, with significant improvement in emotional control. This year, I not only recovered previous losses but also earned an additional 800,000 USDT. Until now, my trading strategy is to trade with 30,000 USDT, double it, withdraw, and after a liquidation, rest and adjust before continuing to trade. This approach is also a form of capital risk control. I only do intraday trades, resolutely avoid overnight positions and holding against the trend to prevent being caught in extreme market movements.
After 20 years of full-time trading, I have gained more insights into this market; it truly is that a day in the crypto world is like a year in the real world. The market oscillates between bulls and bears; as long as there is volatility, making certain swings can yield profits regardless of the direction. Sometimes, it is essential to avoid letting subjective judgments interfere with the objective trends of the market because there are too many subjective judgments. Once the market moves against you, it is easy to hold on to a losing position. Therefore, just trade in the direction of the market. The opportunities in the market are actually infinite; as long as you avoid making the same mistakes repeatedly, such as holding against the trend or over-investing in the opposite direction, you can preserve your capital and certainly make profits in the market.
Time flies; I have already been in the crypto world for five years. I am still trading and have some profits, but my mindset has changed. I have let go of many things and love life more, enjoying simplicity.
Finally, I wish you fewer obstacles on your trading journey and a path toward wealth. I also welcome communication; the road of trading can be lonely, and having someone to accompany and talk to is a very happy thing. I hope you take fewer detours in your pursuit of wealth.
#美SEC加密圆桌会议 #BNBChainMeme热潮 #币安投票下币 #美SEC澄清PoW挖矿监管立场 #币安投票上币
BNX CAKE PEPE TON TRUMP SOL SUI XRP