I still remember that it was October 2018, when Bitcoin was around $6,000-7,000, and BNB was only $10! Only $10! The most common voice I heard at the time was that virtual currency has no future and the current price is too high, but a few people with high awareness are still very optimistic about the future of Bitcoin, Ethereum, and BNB. In particular, a good friend of mine designed a portfolio for all the bosses at the time, which was 56% BTC, 25% ETH, and 18% BNB.
What I didn’t understand at the time was why he configured BNB. Moreover, according to his previous configuration, BNB holdings increased by 8%.
Think left, think right, walk to the east and think, then walk to the west and think, thinking until your head hurts. Large institutions continue to buy, big whales are also going long, and favorable news keeps coming out. Now we just need a rate cut, so how can we find a reason for a 20%-30% decline? We can't just crash the market for no reason! If there is a lot of space behind, adjustments must be made. In this form, there isn't an immediate reason for a price increase. Even if interest rates are lowered, they can't support the prices you once mythologized. 170,000 dollars, 500,000 dollars, 1,000,000 dollars - these are all ideas you came up with, right? Let's take the middle price of 500,000 dollars. How much is the market worth? Have you calculated it?
1. It is easier for those who know how to trade to earn a million dollars than for those who do not understand trading to earn a few hundred dollars. 2. No school can teach a speculator, because the tools of a speculator are, besides experience, just experience. I am not willing to exchange my experience for an amount of gold equivalent to my weight; it is not worth it at all. 3. Staying up late and waking up late are two things that most people easily indulge in. They attempt to master the grandest and most difficult game in the world in a casual and careless way—this game requires a mindset and lifestyle that are completely opposite to the traditional.
Most speculators are just the opposite; when they make the right judgment, they take the profit, but when they make the wrong judgment, they cling to their fantasies and stubbornly hold on!
1. Risk control: Preserving the principal is the primary task, such as the rule specified in Gann's law that a single loss should not exceed 10% of the principal, avoiding excessive risk exposure and ensuring long-term survival in the market.
2. Trading discipline: Use programmed rules to counter emotional fluctuations, strictly execute the predetermined trading plan, and not be swayed by emotions.
3. Be patient: Like a cheetah waiting for its prey, wait for high-probability trading opportunities, and do not act blindly, as most of the time the market is in a non-trending or oscillating state.
4. Go with the flow: Trade by following the main trends in the market, establish positions when trends are confirmed, and do not try to go against the trend.
There is shocking news coming out of the crypto world!
I heard that a college student made over ten million trading cryptocurrencies, but when he went to withdraw the money, he was taken away by the police. This incident has caused a stir in the crypto community, and everyone is discussing whether cashing out in the crypto world is really this dangerous. Today, I will reveal some pitfalls of cashing out in the crypto world and teach everyone how to protect their hard-earned money.
First, let's talk about those dirty money traps; they are really hard to guard against. When transferring money, you might unknowingly come across dirty money. If you receive tier-three dirty money, your bank card might be frozen for three days; if the amount is large, the freezing time could be much longer, starting from six months. Tier-two dirty money is even more serious; it directly triggers judicial freezing, and you might not get your principal back. Tier-one dirty money is the worst; you could end up in jail, waiting to serve time.
So, everyone needs to be careful. If you see those high-premium USDT traders, don't rush to sell your USDT; you might just step into involvement with illicit funds. Also, avoid offline cash transactions; last year, someone in Hangzhou lost 2 million USDT in an offline deal.
Now, let's talk about the survival rules for cashing out. If you're trading with acquaintances, you must follow three principles: receive the money before releasing the coins, check the transaction history without leaving it overnight, and avoid those high-frequency accounts. If you want to cash out, you can try the 'ant moving' method, which means splitting large amounts of money into smaller ones and transferring a little each day. For example, if you have 5 million, you can break it down into 100 transactions and transfer 200,000 using Alipay each day. Be cautious with using Hong Kong card channels; if you don't have an overseas account, don't try it lightly, or you might get stuck in the currency exchange process.
The bank's risk control is also quietly brewing. If your daily transaction amount exceeds 500,000, you might have to go to the bank counter. If there suddenly appears an eight-digit number in your account, the anti-money laundering department might want to have a chat with you. If you have online loan records, you need to be even more cautious; you will definitely be under close watch.
#加密市场反弹 In the crypto world, opportunities and risks coexist; staying vigilant and finding the right timing is key. I've also discovered a short-term skyrocketing project with huge doubling potential! If you want to keep up, follow me.
Play altcoins, learn first Established mainstream coin BTC: Industry leader ETH: Leader in public chains BCH: Scaled version of BTC LTC: Imitator of Bitcoin ADA: Indestructible academic old public chain SOL: Wall Street capital public chain, second only to Ethereum's developer community XRP: Payment track DOGE: Musk's icon pet MKR: Established leader in lending, leading decentralized stablecoin AAVE: Leader in lending BNB: Leading platform coin LINK: Oracle AVAX: Public chain that crosses bull and bear markets ETC: The original Ethereum New mainstream coins Risk slightly higher than established mainstream coins Relatively speaking, there will be a bit more room
Who will be the next counterfeit king, Trump's TRUMP Coin or Musk's Dogecoin?
Technical Foundation Trump Coin: A virtual currency without underlying asset support, issued by the issuer in a single release based on the issuance volume, lacking actual value, technical foundation, or commercial support, relying more on manipulating market sentiment and capital flow to drive up its value. Dogecoin: The technology used mainly derives from Bitcoin's source code; although it was initially created to mock the speculative nature of cryptocurrencies, it has a certain technical foundation as support.
Market Trump Coin: Relies on the promotional efforts of Trump and his team, using Trump's political influence and recognition to attract investors. However, this promotional method is relatively singular, and its influence may fluctuate with changes in Trump's political career.
We must know that all major drops or rises have precursors; it’s just a matter of whether you have observed carefully. Some might refute what I say. It's okay; let's think with underlying logic. When large amounts of tokens enter exchanges, we don't see the exchange's information, or is it that the major consulting platforms haven’t released data? Are we serious about interpretation and information gathering, or is it the old saying, (if the fisherman doesn't study what the fish want to eat, how can they catch fish)? Transactions without logic are just gambling, taking chances, but how many times can you actually get lucky?
There are two bad things in the world: corrupt power and greedy capital. The former seizes by force, the latter takes by cunning. Worse than both is their collusion and profit-sharing, which has a loud name: crony capitalism. #特朗普暂停新关税 #币安HODLer空投BABY $BTC $ETH
Speculative bubbles have little to do with the poor
On the surface, the formation of speculative bubbles is often related to the irrational rise in asset prices, and the poor find it difficult to participate directly due to a lack of capital, information, and risk tolerance. However, a deeper analysis reveals that this phenomenon hides complex economic mechanisms and social realities. The real barriers to the poor's participation in speculation
1. Natural barriers of capital thresholds The entry ticket to mainstream speculative markets (such as stocks, real estate, and cryptocurrencies) is often high. Taking the Chinese stock market as an example, in 2024, 85% of retail investors had accounts with less than 500,000 yuan, while the top 0.5% of high-net-worth individuals controlled 25% of market trading volume. The limited income of the poor must prioritize survival needs, making it difficult to bear an investment threshold of tens of thousands of yuan. Even low-threshold cryptocurrencies have price volatility that far exceeds the risk tolerance of the poor.