BIT居士

78,570, the last 20% of funds have been invested, would you dare to buy Bitcoin at 109,000, and would you not dare to buy Bitcoin at 78,000?

Strongly urging everyone not to trust any KOL and to have your own trading logic. Retail investors can also have the mindset of institutional investors, and I can help everyone establish their own trading logic. Retail investors can also band together; let us change from this moment together!

Welcome to join the 'BIT Dweller' leek base camp 🎉🎉🎉💪💪💪, everyone please pay attention, I will share the mindset and logic of institutional investors.

The first trade negotiations between China and the United States in Switzerland have concluded. After four days of intensive discussions, the two sides held trade talks in Geneva, Switzerland, early this morning (May 11). This is the first formal dialogue since the U.S. unilaterally increased tariffs in early April, and it has attracted global attention. They jointly announced phased results: the U.S. may agree to lower the average tariff rate on Chinese goods from the current 145% to 50%-54%, with tariffs on some consumer goods further reduced to 25%. China, in turn, has committed to making reciprocal adjustments in areas such as technology transfer review and financial market access. This result marks a preliminary easing of the more than month-long trade deadlock.

The tariff adjustments will be implemented in two phases, with the first batch of tariff reductions, involving electronic consumer goods and textiles, expected to take effect next week to alleviate domestic inflation pressures in the U.S. A spokesperson for China's Ministry of Commerce later emphasized that **China has always regarded the “cancellation of all unilateral tariffs” as a core demand, and this phased result is a temporary arrangement “based on the actual actions released by the U.S.” and that subsequent negotiations must still be based on equality and mutual benefit.**

The only purpose in the cryptocurrency world: to allocate more Bitcoin.

You can bring funds that do not affect your life into the crypto world and make a distribution. A 7, 2, 1 allocation: 70% of funds to buy Bitcoin spot, 20% of funds to buy altcoins (do not hold altcoins long-term, sell them for profit and convert to Bitcoin), and 10% of funds for low leverage trading, with profits also converted to Bitcoin.

In the future, as the United States passes the stablecoin legislation (which will definitely happen), and sovereign wealth funds begin to enter, Bitcoin will be allocated as the infrastructure of future finance. Thus, Bitcoin will reach at least half the market value of gold, or even be on par, at which point Bitcoin will surpass $2 million.

I have held Bitcoin for 12 years, and before Bitcoin reaches $800,000 each, I will insist on holding no less than 30 Bitcoins. Let’s hold our coins together and not be cut down like leeks.

Below are the profits from a 40-day trading period, with an additional platform profit of 110,000, totaling 480,000 in profits, all of which have been converted to Bitcoin spot.

Bitcoin has risen from a low of 74,000 USD to 104,000 USD. Logically, there should be a retracement of about 15,000 USD, but now Bitcoin is consistently declining. If this continues until the US stock market closes on Monday, it can be highly likely confirmed that it won't drop now, and there is a strong possibility it will touch the previous high. We can open a 5x contract with a loss to test this hypothesis.

We need to break away from some existing mindsets and try the opposite approach to the current thinking. Right now, retail investors are shorting, while institutions are buying long-term.

The contract long position has been closed for profit, with a profit of over 160,000 from the long position established yesterday. Waiting for a pullback. Pullback level: 98800. (At the same time, 30% of the spot was sold off at the level of 102600 this morning.)

Sell 30% of spot goods

I don't know how many people have seen this horse front cannon. Last night, before the FOMO meeting and Powell's speech at the Federal Reserve, I mentioned testing 100,000. I am a long-term holder of Bitcoin, having held it for 12 years, and I have earned assets that ordinary people cannot reach through Bitcoin. I mean no harm; I want to gather some like-minded enthusiasts and help everyone make money through Bitcoin, allowing for a more reasonable investment portfolio and reducing investment risks. We can follow each other, exchange views more, and then trade in advance based on our own predictions.

The logic of most people is destined to mean that you won't make money.

First: Pumping doesn't require money, and dumping doesn't require coins. The process of pumping is not about the institution buying, but rather about selling. Dumping is not about the institution selling, but rather about buying.

Secondly, the short-sellers are always just fodder. Bitcoin is the only asset in history that has escaped the systemic risk of short-selling. It is specially designed to deal with all kinds of dissatisfaction. If you can't understand it, it's not your fault, because you've always been brainwashed by capital.

As a Bitcoin player, when you buy spot, buying 1 means there is one less chip for the shorts. To give an extreme example, if 21 million people each buy 1, then the shorts have no room to short. To give a simple comparison, if you buy shares of Company A, the biggest risk of Company A's stock is: it can issue new shares infinitely, diluting your purchased shares endlessly; one person has the final say, and the risk is obvious. Bitcoin, on the other hand, eliminates this systemic risk, which is why traditional stock shorts have a natural advantage, while Bitcoin longs have a natural advantage. When you short, you are shorting the hardest asset in the world, and this 'hard' is in quotes, so let's wait and see. Ordinary people should avoid playing contracts; the simplest method is to dollar-cost average into Bitcoin spot, which is simpler than any investment.

Play with the waves, Bitcoin will test 100,000 after tonight, expected to break this week. Powell's speech will still be ambiguous, but the distance to interest rate cuts will get closer, and uncertainty will decrease.

Today let's talk about how ordinary people can turn their fortunes around, how to escape the traps set by capital for ordinary people, which most people may not dare to try, but the wealthy are basically doing:

First: Do you agree that in the future, properties other than core real estate in prime locations will become less valuable, that no one will want to buy them, and that they will have extremely poor liquidity? Especially high-rise and super high-rise buildings will face more and more problems in the future, such as old elevator replacements, clogged sewers, and so on.

Second: Gold is a tool that can resist inflation and will outperform bank interest rates.

If you agree with the above two points, then you can: convert all your current assets, including the house you are currently mortgaging and all your savings, into gold. In the next 10 years, you will be much better off than the way you are currently managing your assets, escaping the traps set by capital for everyone.

Let me show you the data: Suppose you have a house worth 2 million, you have made a down payment and repaid 1 million, and you still have a 10-year loan of 1 million remaining. In the next 10 years, you will pay back approximately 1.3 million including principal and interest. Suppose you currently have 500,000 in savings. In the next 10 years, you earn 1 million in savings. Based on your current actions, in the 10th year you will have 200,000 left after paying off the mortgage and a house.
Second option: Sell the house for 1 million + 500,000 savings + linear 10-year purchase of 1 million in gold. The annualized return on gold is greater than inflation, about 7-12%, doubling in about 10 years, so after 10 years you will have 3 million + 100 * 1.5 = 4.5 million. Renting a house for 10 years in a second-tier city can get you a decent community for 300,000. Remaining 4.2 million.

Can your house in the future equal 4.2 million - 200,000 = 4 million? The probability is high that your house will still only be worth 2 million or even less. The second option is a feasible plan to escape the mortgage trap set by capital for ordinary people. But most people do not dare to implement it, yet many are now doing so, and the wealthy have actually been doing this all along.

Recently, some people have been advocating for Buffett's investment logic, wanting to follow in his footsteps. I can only say: you are dreaming, you cannot replicate his investment logic.

As a stock god, a ceiling-level figure in the investment world, he not only does not buy Bitcoin, but he also has a negative attitude towards gold, even criticizing it harshly. He similarly does not invest in any new high-tech gadgets, like AI; he is only interested in energy, land agriculture, and companies that generate production value. He does not invest in high-tech companies like Tesla.

You cannot replicate his investment logic because he has a lot of money and only seeks a 15% annual return, with a loss rate below 10% being considered low risk and more stable. Ordinary people think about multiplying their investments by 100 or even 10,000 times. Do you think you can multiply your investment by 10,000 times following his investment logic? Can you turn $10,000 into $1,000,000? Is your ability above Buffett's?

Just because others make money does not mean you will make money. The logic that allows others to profit does not necessarily apply to you. Everyone must establish their own investment logic. Investment should not only focus on return rates but should pay more attention to loss rates.

Avoid greed and do not hold onto losing positions; this is the investment logic you must first learn. Buffett is great, but that does not mean that doing what he says will be good for you. What these people say is what you want to hear, but in reality, it is exactly the opposite of his operations. For example, can you judge when to buy by looking at his capital holdings? He had already cleared his positions and held cash before Bitcoin, gold, and the S&P 500 started rising in March 2024. Can you operate based on what he says? So, blindly following his advice increases your chances of being cut because you don’t have his wealth, nor his influence, and you do not know his true intentions. He operates on a super long-term investment logic, while you desire a market where prices rise after buying and fall after selling.

Investment requires going against human nature; the chances of success will be greater. This means: first check if you have money in your pocket. If not, then your current trading logic is likely completely wrong, and you need to break free from your existing investment logic.

Advice from someone who only trades Bitcoin spot: avoid greed, do not hold onto losing positions - Bitcoin practitioner.

The strategy is wrong. Knowing it will break 100,000, why stay in cash? Can you usually be so certain whether it will rise or fall? This is what retail investors do; they know it will either break 100,000 or drop below 90,000, and they wait, waiting for the spike to reach the target point, thinking that a breakout or breakdown will lead to certain outcomes. Trading should be done at points like this, not by staying in cash. If you're afraid of a spike, then just buy the spot price at 99,800 and sell at 100,000. It's better to secure a few certain points than to gamble with contracts.

The first day of May, not trading contracts, only doing Bitcoin and Ethereum spot. The next trend of Bitcoin: first hitting the psychological barrier of 100,000 USD, if retail investors don't follow, it will break through 102,000 and head straight for a new high.

Has broken through $96,000, although it was 12 hours later than predicted, it is still a successful breakthrough. The next target is $100,000, and if it successfully breaks through $102,000, it will test the previous high.

Bitcoin is now $94,800, and it is bound to break $96,000 tonight, heading straight for $100,000.

The current market is very clear, everything points to breaking 100,000 and reaching new highs. #比特币

比特币牛市多发生在大部分人没在车上的时候，现在：就是这个时候。比特币将突破10万美元，稳住后破前高。我已经出掉百分之20的BTC。静等香蕉🍌涨。

It is still strongly recommended not to trade contracts, as contracts will only go to zero. Buy spot; even if you incur losses, if you don’t sell, it will eventually recover over time. If you want to play with leverage, at most use 2x leverage and set stop-losses. Do not hold losing positions, do not hold losing positions, do not hold losing positions.

I am contemplating a question: Why are more and more publicly traded companies using Bitcoin as a strategic reserve? Are the people in these companies foolish? Why are more and more countries starting to secretly reserve Bitcoin? Are these countries foolish as well? Why are increasingly more consortiums, like BlackRock, getting involved with Bitcoin? Are these consortiums also foolish? These individuals are wagering the fate of their companies, the finances of their nations, and the credibility of their consortiums on Bitcoin. Logically speaking, they likely have a more comprehensive understanding of the information than we do, and would not easily gamble their fate. What will Bitcoin ultimately bring? Can it be broken by quantum computing? Would the quantum computing capability to break Bitcoin also pose a significant disaster for other aspects of the world? How much can Bitcoin actually rise?

For an ordinary person, if you don't have the ability to run a publicly traded company, manage a country, or create a consortium, then it might be better to take a gamble. What are you betting on? Betting that the decisions of these publicly traded companies, countries, and consortiums are correct. This presents a great opportunity for an ordinary person; one person could potentially create a publicly traded company, and one person could effectively become a shareholder in a publicly traded company. If you have spare money to invest in Bitcoin, the potential risk lies in the possibility that these publicly traded companies, countries, and consortiums make incorrect decisions.

Altcoins can be profitable, but do not hold the belief of long-term investment; Bitcoin is the ultimate destination. Altcoins can make money in a bull market, but after the market turns bearish, switch to Bitcoin.