Keep buying, buying, buying
Why am I still buying at this price? Because I am afraid of being short. I have experienced the last bull market. When you see others making money, you can only watch. It feels very painful. Therefore, I am willing to bear a short-term 30% correction in this bull market. , and don’t want to be empty
The most confusing thing right now is how to buy
I have two dimensions, one is the time dimension. From the historical cycle, in the month when BTC is halved, the market will be relatively stable, and then there will be a mad cow market, so I want to finish my bullets this month.
The other is the price dimension: My ideal entry price is $56,000. This price is the average price of short-term holders on the chain, and it has been a very strong support level in previous bull market corrections.
But this bull market is different from the past. The power of institutions cannot be ignored. The market has fallen too slowly. I am afraid that I will not be able to wait for $56,000 this month and I will be short again.
So I set up two methods, one is to buy according to the Martin strategy, and the other is to make fixed investments every day according to the time dimension. If there are not enough bullets, I will withdraw the bottom buy order in the Martin strategy. The goal is to finish shooting by the end of the month. Do you have any better plans? What should I do?
Is the bull market over?
I think the current bull market is driven by institutions, and retail investors have not yet entered the market. This can be seen from the inflow and outflow of exchange funds and the stock of exchange assets. I have analyzed it in previous articles. If you are interested, you can take a look. The mad cow market is driven by retail investors, and we haven’t seen the madness of retail investors yet; the current macroeconomic situation, international situation, and traditional institutions are all improving, and there is no reason to be bearish. Therefore, I continue to be optimistic about the trend of BTC this year. I think there is still room for a doubling. Potential, according to my on-chain data analysis framework, this bull market will see the price reach US$160,000-180,000 per coin in March next year.
On January 1 this year, Tether purchased 8888.8888 TBC, and today it purchased another 88888888 BTC. Currently, Tether holds a total of 75,300 TBC, worth US$5.34 billion, with an average position price of US$305.3 million and a floating profit of US$3.03 billion, making Tether a The seventh largest BTC whale. My current average holding price is lower than Tether. He dares to buy it. What am I afraid of?
regain glory
Xiaomi cars were sold out in 2 minutes after they went on sale at noon today. The scalpers who got the orders have already resold them on second-hand platforms.
The model is very nice. I want to buy one, but I don’t have any money. Nowadays, I am so poor that I have no desire to find a girl. I had such an experience 10 years ago. At that time, a friend came to me and invited me to dinner, but I couldn’t withdraw three bank cards. I came out with 100 yuan, and now it is like this again. The only difference is that today I hold 200,000 BTC in my hand. Being at the bottom of China, I can always feel the bottom of each economic cycle very concretely.
In the past seven years in the currency circle, I have experienced the process from A5-A8-A5. Now I have found a way to return to A8 in seven years. In this bull market, I will increase my 200,000 to 1 million, wait and see.
