In the cryptocurrency world, you often hear that the cost for the market maker is X dollars, it can't drop further, the project's cost is X dollars, they will definitely pump and support the price, the miner's shutdown price is X dollars, a solid bottom, etc. But if you really believe these, you are not far from being harvested!
Price is never determined by cost; cost is just a psychological comfort. Miners need electricity costs, computing power requires equipment, and project parties need costs to issue tokens... These are indeed real money spent, but the formation of market prices depends solely on the willingness of buyers and sellers.
Simply put, if someone is willing to sell for 10,000 and someone is willing to buy for 10,000, the price is 10,000, even if the miner's cost is 30,000, as long as no one is willing to take over, the price can still drop to 1,000.
Many people think the biggest enemy in trading is market volatility, market makers, policy changes, etc., but they overlook that your ultimate opponent on the trading journey is not the market, but yourself, and it will always be yourself!
Greed is the culprit that makes you lose money. When the market rises, you fear missing out and chase the highs; when the market falls, you fear further declines and sell. Greed makes you reluctant to sell at high points, while fear makes you afraid to buy at low points. And the result? Buying high and selling low, perfectly missing out on all profitable opportunities.
Taking Profits vs Cutting Losses, Which is More Difficult
The essence of taking profits and cutting losses is the same, but the difficulties are still different. Both taking profits and cutting losses are selling behaviors, and both are risk management actions taken after identifying risk signals. From another perspective, taking profits is actually a form of cutting losses. Stop-loss orders are usually set together at the time of placing the order, so there is enough time for thinking and decision-making.
Taking profits requires us to make temporary decisions in the face of unknown market conditions, usually giving us very little time to decide. This places higher demands on traders' on-the-spot reactions and psychological qualities. Traders can easily make wrong decisions in haste, and then regret it later when reviewing their trades, because there is plenty of time for thinking and analysis during the review.
The past 24 hours are estimated to have been the hardest day for Trump. Firstly, it's the mutual attacks between former close friends—Musk publicly blasted President Trump, leading to a fierce war of words on social media that shook the market. Musk also linked Trump to the Epstein scandal.
Secondly, a U.S. judge blocked the Trump administration’s plan to impose visa restrictions on international students at Harvard University, causing a setback in their plans.
Thirdly, there are constant variables in tariff negotiations; however, the impact of tariffs has already become apparent. Data shows that in May, the U.S. private sector added 37,000 jobs, significantly slowing from 60,000 in April and far below the market forecast of 115,000. At the same time, tariffs have caused U.S. import volumes to hit a historical low.
Today’s biggest scandal is undoubtedly the Trump wallet farce, with Magic Eden announcing a surprise partnership late at night. Trump’s eldest son quickly disassociated himself, ME tokens surged 40% before crashing, and retail investors were repeatedly exploited. This plot is even more thrilling than the Dogecoin scandal!
To be honest, the combination of big shots’ traffic and a triple denial to fleece the retail investors is nothing new.
In the early hours of June 4th, Bloomberg terminal source Walter Bloomberg suddenly hinted that Trump would launch an official wallet, in conjunction with Magic Eden's (ME) $TRUMP lottery marketing. ME token’s price instantly surged 40%. Retail investors rushed in overnight, with website registrations skyrocketing to over 80,000. It was a true Trump concept carnival night.
Those who have participated in trading should all know the term technical analysis, but those who have studied it in depth and believe in it are few; most only skim the surface without understanding the basic principles contained in each candlestick and indicator.
So is technical analysis useful? Is it metaphysics or science? Is it worth your time to study systematically? The answer is definitely yes. Most of those who say technical analysis is useless are due to distorting effects in their usage.
The market is like an endless game, and technical analysis is your interpreter for the market language. It does not discuss macroeconomics or project visions; it only focuses on price, trading volume, time, and space. In simple terms, technical analysis is an attempt to predict future price trends using historical price and trading volume data, somewhat like fortune-telling through charts, allowing you to anticipate market warmth or coldness in advance.
The launch time of $PORT3 Binance perpetual contract has been set: June 4, 50x leverage.
PORT3 has been strengthening as an "AI + Web3 social data infrastructure", from ecological support to product implementation, to the launch of Coinone Korea in recent days, and the first popularity of CMC, its market popularity has completed the closed loop from narrative construction to liquidity conversion.
The launch of the contract marks that PORT3 has the market depth required for institutional trading and strategic trading, which is an important step for it to move closer to higher-level financial markets.
🚩Binance announcement link is as follows: https://www.binance.com/en/support/announcement/detail/85203b0d244841839bd77d3fc829d02e #BinanceAlphaAlert #BinanceFutures
The essence of the cryptocurrency market is that it is an infinite game; there is fundamentally no endpoint. In the crypto world, there are no cheat codes, only cycles of repetition.
There are always friends around me who haven't entered the crypto world asking if trading cryptocurrencies is very profitable, whether one can multiply their money several times in a month. When faced with such questions, I usually smile and remain silent, mainly because I can't answer them. After pondering this repeatedly, I believe that the most important thing in trading is not how much one can multiply in a month, but whether you can still ride freely in this market after a month, a year, or even ten years.
Everyone knows that trading requires learning, but the accumulation of knowledge cannot be rushed. The tuition must be paid in time, and the market changes every day. The scythe (profit) is also learning every day. If you say you won't be cut if you don't continue learning, overall, learning is more important than just staring at the screen; your mind is more valuable than your hand speed.
Recently, the airdrop returns from Binance Alpha have become less appealing than before, but when calculated, the luxurious pork knuckle rice is still there.
When the returns are small, one has to carefully calculate the consumption of score brushing. I still insist on brushing $PORT3. Overall, the liquidity is thick, the slippage is small, there are double points, low consumption, and stability. Now, brushing 1 BNB results in a consumption of less than 0.2 USD.
To be honest, it is genuinely quite good. Port3 Network is an AI-driven data layer network strongly supported by Jump Crypto, dedicated to breaking the data barriers between Web2 and Web3, and building a truly AI-enabled Web3 intelligent operating system.
Currently, second-tier exchanges such as Bybit, Gate, and MEXC have already gone live. According to the strength of the project team, after Alpha, the next step is Binance spot/futures.
I still wish everyone to brush scores more and get more airdrops!
Happy weekend! Seeing this title, some might ask, is there value investing in the crypto world? My understanding here is that while I can't say absolute value exists, there is definitely relative value.
It's generally known by anyone who has traded that the golden rule of making money is to buy low and sell high, but often things turn out contrary to expectations, and in the end, it’s always buying high and selling low. What really is low and what is high brings us to discuss value investing. Simply put, a price below value is low, and a price above value is high.
This brings us to the concepts of price and value. Price is an instant snapshot of the current market sentiment, while value is something deeper and more essential. It’s the project's ability to solve real problems, the potential to generate economic returns, whether the team is genuinely working hard, whether the community truly has cohesion, whether the token model is reasonably designed, etc.
Investment master Howard Marks from the United States also emphasizes in (The Most Important Thing in Investing) that investors need to learn and apply second-level thinking, which involves seeing the motivations behind the logic and the essence behind the phenomena.
First-level thinking says: This is a good company, let's buy the stock. Second-level thinking says: This is a good company, but everyone thinks it's a good company, therefore it's not a good company, the stock price is too high. Let's sell the stock.
First-level thinking says: The company is facing sluggish growth and increased inflation, let's sell the stock.
The strategy for recommending $PORT3 on Binance that I shared with everyone a couple of days ago has seen its 24-hour trading volume exceed 200 million today.
- Low fees: The transaction fee for BSC Alpha tokens on Pancake is as low as 0.01%, which is usually only set for stablecoins / mainstream coins. - Thick liquidity and small slippage - Double points - Low loss and stable, currently burning 1 BNB, with a loss of less than 0.2 USD - You can even earn some profit while accumulating points
$PORT3 is a project worth keeping an eye on, it has been rising sharply recently, with a very good overall trend and currently a low market cap, a big explosion should be coming next.
Currently, second-tier exchanges like Bybit, Gate, and MEXC have already launched it, and according to the strength of the project team, after Alpha, the next step will be Binance spot/futures.
Additionally, there have been frequent reports about $PORT3 from Korea lately, so it might just take off directly.
Compared to some other projects that only boast, $PORT3 has multiple tangible products. SoQuest: Task platform, similar to Galxe Rankit: A new product launched this year, featuring project rankings and on-chain voting functionality OpenBQL: Very close to many of this year's DeFi + AI concepts, allowing one-click execution of on-chain operations Check their official website for the ailience launcher, but it hasn't been pushed yet, so we can look forward to it later.
One key point is that everyone should use BNB to burn $PORT3, as the project team has set the PORT3 / WBNB transaction fee to 0.01%! This fee is typically only set for stablecoins / mainstream coins.
Finally, I wish everyone a lot of points and a good amount of airdrops!
🚀OKZOO: $AIOT Pioneer of the Revolution, early window for high-potential projects has opened!
📌Official Twitter Accounts: @okzoo_app (International Updates) + @OKZOOCN (Chinese Community), grasp all information across both platforms!
🔥Market Enthusiasm Ignites Expectations Binance Wallet TGE event set a record of 282 times oversubscription, and the token has continued to attract market attention after listing on the Binance contract platform, reflecting the industry's strong confidence in OKZOO as a new paradigm for $AIOT!
📈User Growth is Impressive Ecosystem users have surpassed12 million, and the V2 virtual pet AI application attracted 700,000 users within one month of launch, validating both execution and attraction!
🤝Endorsed by Top Strategic Partnerships Supported by the founders of Bonk and Pepe, as well as the HASHED and FPT technical teams, industry giants stand behind the project, highlighting its underlying value and long-term potential.
💰Token Economy: Dual Incentives for Early Benefits Total supply of $AIOT is 1 billion, 29% allocated for ecosystem incentives, 20% for game rewards, combined with a tiered lock-up mechanism to control circulation. Official statement: 「Score points + rewards, both are guaranteed; one investment, multiple returns!」
🚀Roadmap Accelerates Realization 2025 Q2 P-mini o2 mass production, Q3 V3 application launch, continuously iterating to solidify growth momentum.
💡Chief Analyst Strongly Calls Crypto field opinion leader Kevin stated in an AMA: 「Based on the data model, $AIOT is currently undervalued, the best participation window has arrived!」
🌐Take Action Now Join the ecosystem of 12 million users, seize the early mining bonuses of the AIoT + DePIN + GameFi integration track!
Why is it so difficult to cut losses? I don't know if anyone has encountered the same problem. Everyone knows that cutting losses is very important, but when the critical moment comes, it's hard to take action!
A very important aspect is the psychological factors at play. First, there's the fear of admitting defeat. Once a position is established, the mind is filled with expectations, hoping for a market reversal and for profits. Cutting losses means admitting one’s judgment was wrong, which many investors find hard to accept. Thus, we choose to endure, hoping for a miracle, but often end up facing even greater losses.
Secondly, there is the greed mentality. When there are losses on the books, we often think, 'Just wait a little longer; maybe we can break even or even make a profit.' This greed blinds us to risks, causing us to miss the best opportunity to cut losses.
What is the fundamental logic of trading? It may vary from person to person. The market creates myths of instant wealth every day, but most people only see the glamour and do not understand the survival rules behind it. I believe the fundamental logic of trading is to survive; profit is just a byproduct of survival.
Everyone can think about it: all trading concepts are derived from the logic of survival. Therefore, long-term survival in the market becomes crucial. In simple terms, there are a few points that traders need to pay special attention to.
Understanding the trend is more important than predicting prices.
It's the weekend again, have a great weekend! Today we won't talk about K-lines or technicals; let's discuss those investment mindsets that lead you to lose money repeatedly in the crypto world. Too many people lose without understanding why, often the root cause isn't the technology but rather the mindset traps, which not only consume your principal but more importantly, undermine your confidence.
Chasing highs and selling lows, mistakenly treating the market as a casino Seeing a surge gets you excited, fearing you might miss the wealth train? As a result, you enter at a bad time, panic-sell when it drops, perfectly practicing 'buy high, sell low.' Therefore, you must learn to control your emotions; the market specializes in treating various forms of disobedience. The more emotional you are, the happier the market makers are.
Binance Alpha is getting more and more popular, and various score-boosting strategies are emerging. Today, I recommend earning points with $PORT3.
- Low Fees: The transaction fee for BSC Alpha tokens on Pancake is as low as 0.01%, which is usually only set for stablecoins / mainstream coins. - Thick liquidity and small slippage - Double points available - Low wear and tear - You can even earn some profit while boosting your points.
$PORT3 has been lying low for quite some time, but recently it has surged sharply, showing a strong overall trend, and its market capitalization is relatively low, so a big explosion should be coming soon.
Currently, second-tier exchanges like Bybit, Gate, and MEXC have already listed it. Given the strength of the project team, after Alpha, the next step is Binance spot contracts.
Additionally, there have been frequent reports about $PORT3 from South Korea recently, so it might take off directly.
Compared to some other projects that only talk big, $PORT3 has multiple solid products. SoQuest: Task platform, similar to Galxe Rankit: A new product launched this year, featuring project rankings and on-chain voting functions OpenBQL: Very close to many DeFi + AI concepts this year, allowing one-click execution of on-chain operations They also have an official website and an Ailience launcher, but it's not being heavily promoted yet; we can look forward to it in the future.
Finally, I wish everyone great point boosting and many airdrops!
Many people think the core of trading is predicting price movements. Most people make predictions before the event and end up being wrong afterward, while a small number do predict accurately but still lose money.
The main reason for this situation is a misunderstanding of trading and its core principles, believing that if you can calculate accurately, you will definitely make money. The truth is that even if you guess wrong 7 times out of 10, as long as you make enough profit on the 3 times you are right and keep your losses small on the 7 times you are wrong, you can still survive and even win big.
It is well known that the tactics of the big players are to establish positions, manipulate the market, and then sell at a high price. However, for ordinary traders, accurately judging the intentions of the big players is not easy. This requires us to learn coping strategies: stop-loss is king + position control + do not chase prices or panic sell.
Today is the weekend, first of all, I wish everyone happiness, and then let's talk about a topic that friends in the community are all familiar with: greed and fear.
Human nature inherently contains these two basic emotions: fear and greed. Fear arises from unease about the unknown and instinctive resistance to loss, while greed stems from a desire for profit and an endless pursuit of satisfaction. In trading, these two emotions are amplified to the fullest.
Greed often manifests as: Desire is limitless. Human nature is inherently greedy. When the market rises, the initial target might be a small profit and then exit, but as the market continues to heat up, desire expands instantly. Waiting a bit longer might double the profit, always thinking about extracting the last bit of profit from the market.
The dealer's three main strategies are locking positions, driving the market, and information warfare.
The three major pitfalls for retail investors are greed, herd mentality, and luck.
Currently, the market is in a high-level consolidation, showing signs of breaking through previous highs, but the trading volume is insufficient, making it difficult to achieve this in one go. The short-term trend will be nothing but rising, falling, or sideways. You may feel that I'm not saying much, but often it's the traders themselves who complicate things. Simplifying can be more beneficial for your operations and judgment.
The reality is that we are indeed at a short-term high, so fellow investors need to stay alert, prepare operational strategies in advance. If you don't want to be a casualty, you have to be more cunning than the wolves. Pay attention to position discipline, anti-human behavior operations, technical learning, and so on; these are all weapons to avoid getting cut. Look at more than just candlestick charts.