Tonight, we performed a Taoist meditation technique together, a high-energy live broadcast. By activating the primordial spirit energy through Taoist meditation, we enhance our wealth. I initially thought the live broadcast would take an hour and a half, but it ended up lasting 3 hours, and my voice is hoarse. I started to catch up on sleep and replenish energy from the morning, canceled some metaphysical fortune-telling in the afternoon to maintain energy, bathed for purification, and offered incense and prayers before the live broadcast in the evening. A whole day's preparation led to a very successful and fulfilling night.
Thanks to the Binance Square live broadcast for helping to spread niche content.
Shanzhai's pull-up doesn't greet, The prince concludes not to throw around. The main force's wash is all a trap, Once it takes off, chasing is all high.
Short-term earn a little mosquito meat, The prince has long said not to worry. Patience to hold is the real thing, Bull market's conclusion smiles to the end.
If this continues, retail investors won't come in anymore.
听甜梦说
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Today let's talk about: The viewpoint that spot trading in the cryptocurrency market cannot be held indefinitely and that altcoins in this bull market will only see a rise of 2-3 times.
Why can't spot trading in the cryptocurrency market be held indefinitely?
The viewpoint that altcoins in this bull market will rise by 2-3 times has sparked controversy. I ask you, who made more money in this bull market—those who held onto altcoins or those who experienced the rollercoaster? You can't just rely on the experiences of the previous two bull markets; you won't survive the losses! BTC's historical bull market gains have been decreasing: in 2017 it went from 3k to 19k, about 6 times; in 2021 from 3k to 69k, about 23 times, and from 19k that’s about 3.6 times; in this round, the expectation is that it will go from 15k to 130k-150k, about 10 times, and from 69k that’s about 2 times. So what about the next round?
The same pattern applies to altcoins: in 2017, hundreds of times gains were common; in 2021, ten times gains were the norm. In this round, excellent altcoins may rise by 10 times, and it's reasonable for trash altcoins to rise by 2-3 times. However, most retail investors struggle to pick the excellent ones, often buying trash altcoins, so saying 2-3 times is indeed not unreasonable.
The dividend period in the cryptocurrency market is gradually fading, and a saturation period is approaching.
Retail investors should stop thinking about getting rich overnight and should understand 'how to sell.' In a bull market, when Bitcoin reaches high positions, there are always people shouting '200k, 300k,' and the whole network FOMO calls for the return of the 'eternal bull market' rhetoric. After the chaos, dust returns to dust, and earth returns to earth.
Remember: Don't hold onto spot trading indefinitely, don't expect altcoins to rise 5 or 10 times; 2-3 times is a good profit-taking target. Be pragmatic, reason is king.
Powell is really tough Trump has fired so many of his subordinates The majority of the Fed Board is favored by Trump Still not resigning Not lowering interest rates is making Trump really anxious #美联储何时降息?
Played too hard in the early stages, no one dared to follow,
坐庄1
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Bullish
$TST volume reduction rise 📈 will continue to rise, the operator just needs to exert a little force for a significant increase, most of the chips are held by major operators.
Off the shelves, and there are several Zhuang coins at the same time
小宸宸
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$TST thought for two whole days and couldn't understand why the tst dog farm ran away and abandoned the disk at this time? Previously, whether it was act or mask, the entire market environment was bad. Now that the knockoffs are starting to rebound comprehensively, why are you dumping and running at this time? I don't understand.
Many people say, I regret not buying Bitcoin. Recently, some have said, I regret not buying Ethereum. What does regret mean? It merely indicates a failure to recognize one's own lack of understanding. After a year of a bull market turning into a bear market, the bottom will naturally form. You say Bitcoin will drop to zero and go to 5000, and then you watch it rise to 120,000 even while losing money. You say Ethereum will drop from 1500, and then it reaches 3800 in two months. The cycle has never changed. This time, after Bitcoin rises, the capital rotates to Ethereum and then to altcoins. Nothing has changed; it can only be said that your understanding is lacking. Now all indicators point to altcoins, just like Ethereum at 2200 last month, you were just slow to react. Don't say that some coins are not good; in a bull market, even a piece of crap can rise. Many people say they regret not buying a house in the 2000s. In the 2000s, housing prices in second-tier cities and below were as cheap as green onions. Trust me, even if you had the money back then, you wouldn't have bought it. People find it particularly easy to judge things that have already happened, but do you know what those who held Bitcoin at 15,000 went through? Without understanding the fluctuations in between, it's impossible to hold on.
Everything is difficult at the beginning. However, the beginning often determines the outcome later on. The first wave of altcoins is the most decisive in determining winners and losers, just like those who entered Ethereum at 1500 and are still on the bus. Now, no one would enter Ethereum because if they really wanted to, they would have entered earlier. Those entering now are just chasing highs, only getting in because the daily chart looks good during this period, or they might have already seen a wave. But any coin will retrace, and when it does, they will sell or cut losses. The fundamental reason is that short-term players have a mindset centered on chasing rises and cutting losses. The prince mentioned last week that the real distinction will be before August 20, but I can say for sure that it has nothing to do with over 95% of people. By the end of the month, most people will still be losing money. The difference between retail investors has never been about daily charts but rather about the differences after the main upward trends. During this time, I can say that those dealing with contracts are again nearing zero; even with two times leverage, they are losing at least 50% of their principal. A year ago, Bitcoin contract players exploded, and recently, Ethereum contract players exploded, and now it's altcoins. This scale is astonishing.