路遥 | LuYaoTrader

Let me tell you some good news and some bad news

Good news: The Bitcoin bull market is still ongoing, but it's nearing its end

Bad news: If you didn't catch the peak of the bull's tail, you will lose even more next year, and the next bull market won't start until the second half of 2027 or even 2028
😉😉😉😉😉😉😉😉😉😉😉😉😉

e=(´ο｀*))) Sigh
This round of the bull market is indeed difficult, Bitcoin is still at 100,000 dollars.
However, there have been several stories of debt...

That guy who lost 3 million and is still in debt of over 1 million while driving for Didi.
And our well-known Paris guy, who lost 14 million this round...

I don't know what to say.
If you want comforting words, I can only say
I have lost even more than them...
But at least, I am not in debt...

The market continuously provides fresh blood.
Because of the emerging legends like Langlang, Aoying, Jingxin, and Yuwu.
There are also those on-chain emperors continuously creating miracles.

The market has always been here, just with people coming and going...
In this market, you will never know the result unless you stay in the game.
But the premise is, you have to keep yourself alive...

Recently, I have adjusted my mentality quite a bit.
In the entire month of May, I lost 70% of the limited funds in the circle.
It really feels like I’m possessed by James...
This is the most impressive experience I've had since September 2021.

My wife said this is the worst state she has seen since she met me...
Fortunately, she hasn't seen me during the darkest moments of 2019-2020...
Also, thankfully, my state hasn't affected the family or our life...

Sometimes I also don't know why you all pay attention to me...
My trading is subpar, and each trade seems to reverse, the content I output is just a pile of nonsense...

However, I may not be great at other things, but my resilience is quite good.
I can show you my unyielding will in the journey of trading.
This is indeed worth your attention.

Witness the ups and downs of a trader's life, rising and falling 😁😁😁
Just like my personal motto:
Think, enjoy trading, experience, and reflect on life.

US Stock Imitation Season
Cryptocurrency Imitation Festival

It’s both lamentable and helpless😮‍💨

"Not afraid of spot?"

Labor and capital are terrified, terrified, terrified! 😭😭😭

To be precise, it should be

For long-term investors, buying Bitcoin in batches is not a worry!

The key factors here are

"Long-term investment," "buying in batches," and "Bitcoin," all are essential!

Are you buying altcoin spot? On-chain meme coins? Even if you don't play contracts, you are still terrified! 🙂🙂🙂

BTC.D Bitcoin's market share is on the rise, with no turning back...

Is it really going to achieve 70% during the Bitcoin correction, Ethereum Solana's deep adjustment, and the altcoins crashing down?

Besides Bitcoin, I really don't dare to buy or hold anything else...
Anyway, don't expect any altcoin season, this is just unreliable...

This round of altcoin season is on-chain, and the most exciting moments have already passed

Originally, I thought this bull market was already in the tail phase
Catching a wave of the bull tail's climax and making a smooth exit is also not bad

Who knew the bull tail would be such a hassle
This isn't something an ordinary person can handle 🥹🥹🥹
Alright, let's hold back, and obediently give up...
$BTC #BTC

It turns out that yesterday's trend line break was valid...
Once Trump's few bombs were dropped, it was established...

In this market, aside from Bitcoin,
everything else has already collapsed...

It really is tough
Going long gets beaten up every day, going short requires extreme caution
Making money is harder than eating shit
Just afraid of another sudden news 🥲
#ETH

This brother who opened 3522 Bitcoin (360 million USD) long contracts has been trapped again...
Liquidation price $100,690, floating loss over 6 million USD+
Following brother James, he is the second big shot, with losses over 20 million USD+

So, why does everyone like to hype and open long positions? 🤣🤣🤣
Isn't it better to secretly make or lose money?

Anyway, as long as a large position is revealed, the outcome is usually not good...
If he doesn't cut losses/liquidate, I won't go long 😒😒😒
#BTC

The brother who opened 3522 Bitcoin (360 million USD) long contracts is once again trapped...
Liquidation price 100690$
The second big shot after Brother James, has lost over 20 million USD+

So, why does everyone like to hype obvious plays for long positions? 🤣🤣🤣
Isn't it better to make money or lose money quietly?

Anyway, as long as a large position is revealed, the outcome is usually not good...
If he doesn't cut losses/liquidate, I won't go long 😒😒😒
#BTC

The leader of the US stock market's altcoin season?
Market capitalization has already reached over 40 billion...

Some are following the hot money and sentiment to buy and chase the trend
Some think it is “overvalued” and are shorting, only to get trapped
Others believe in a long-term plan to buy, but need a worthwhile undervalued price to enter

Anyway, in a bullish sentiment, just don't go against the trend and short...
Moreover, how many altcoins are there in the crypto market?
How many crypto-related stocks are there in the US stock market?

In the 2017 crypto market, all kinds of trash altcoins were rising
The last bull market was the same
It's just that there weren't too many altcoins, but there was a lot of capital
How many more altcoins are there this time?

Sigh, I've always wanted to open a bank account in Hong Kong to trade Hong Kong and US stocks, but I've been procrastinating...
Now, with stricter regulations, even if I go to open one, I might not be able to get an account...

So, opportunities are like shooting stars
If you miss them, you really miss them
However, even if I do open an account, who knows if I'll just end up losing money
I'm just going with the flow 🤣

e=(´ο｀*))) Sigh

When you carefully review the historical market trends
You will find that the fluctuations in this round of bull market are also very regular

Occasionally there are some unexpected events, but they are within a controllable range
Just like the win rate in a trading system, there’s no such thing as a 100% winning trade

But, people have too strong desires, many emotions, and a bit of bad luck
Once the rhythm is not right, losing the initiative can lead to total loss

So, for a mediocre and inexperienced trader like me
Honestly just holding Bitcoin spot and lying down can help me ride through the bull and bear markets
Why play with high leverage 🥹🥹🥹

Quietly reviewing, solidly executing
At other times, life is good, how wonderful 🙂🙂🙂
#BTC

No matter how chaotic the short to medium term trends are
I still believe there is room for further upside in the medium to long term
In other words, this bull market is still ongoing, and Bitcoin can continue to break historical highs
The key lies in the Fed's interest rate cuts, which have not yet begun, and even strong expectations for rate cuts have not been fully released...

However, I have completely lost confidence in altcoins
I believe many people feel the same way...
So my current strategy is to hold Bitcoin and do nothing...

If there is an opportunity, then look for a chance to use low leverage to go long at advantageous prices
If not, then just hold onto my assets and wait...

So, you can see that I haven't been active lately
I can go a day or two without checking Bitcoin's price while lying flat at home...
Indeed, the market is just that boring
Not checking the price for a few days doesn't change much...

Now, if you are not trading short term
There really is no need to pay much attention to market conditions
Just set alerts at those important price levels
When the time comes, it will naturally remind you of your trading plan~

So, if you are not good at volatility and are not doing short-term trading, why not learn from me?

Take the kids and experience her first subway journey together?
Feeling bored at home, how about holding an umbrella and strolling in the rainy West Lake?
Go back home to relax for a few days, pick some ripe peaches and plums, and sit at the door eating with family~
Reunite with childhood friends at home for a meal of crawfish, catch up on life, and maybe wash feet together?
Take the kids to play in the inflatable castle at the mall for an afternoon and evening, and when tired, enjoy a good meal?

Today my sister said that one of her colleagues, not yet 40, passed away from stomach cancer these past two days...
Life, it slips by in less than 30,000 days, in a blur
Experience it well while you can
Because tomorrow and unexpected events, no one knows which will come first...
Money can never be earned enough...
#BTC

Is the Hangzhou police conducting a systematic investigation of cryptocurrency practitioners?

What does it have to do with me, a loser in the secondary gambling market who has lost money?

Just stay within the legal bottom line~

Just ignore it🙂

How to manage 10 million RMB to maintain a 10% annualized return?

To be honest, financial products that can maintain a 10% return are not without risk.
For example, a CEX exchange could go bankrupt.
For example, market changes could render financial product strategies ineffective.

It might be better to buy BTC and hold it long-term in spot trading.
In the next 10 years, it is highly likely to still have an average annualized growth rate of 10%.

Most people cannot outperform BTC's 10% annualized return.
If we assume the current price is $100,000 per coin, with an annualized growth of 10%,
In 10 years, the price of Bitcoin could reach $259,400!

So, what do you expect the price of Bitcoin to be in 10 years?
If, in 10 years, it is $300,000 per coin, then you will definitely outperform!

After 10 years, if you don't even have 1 Bitcoin,
Then she might say to you: “Mom, he doesn't have Bitcoin, I don't want to marry him!”

PS: The joker is online 😂
Below are mainstream institutions' predictions for Bitcoin in 2030, which is 5 years from now.
#BTC

Bitcoin's price hasn't changed again, but positions are gone...

Currently undergoing an adjustment cycle similar to the one from April 9 to May 22

The daily technical support remains at $100,000 - $102,000

Although Bitcoin is still above $100,000, altcoins are suffering

Almost all altcoins are at their lows, except for a few like Pepe/Sui/Hype that are still worth watching

But there’s still no sign of any hope for a rise; after the lows, there may be eighteen more layers of abyss...

Hold steady with Bitcoin and relax~

#BTC

Whenever I make a lot of money, I want to have a late-night snack and drink a little wine.
Whenever I lose a lot of money, I also want to have a late-night snack and drink a little wine.
And whenever my stress increases, I still want to have a late-night snack and drink a little wine...

So, since I started losing money after 2021, I have never successfully lost weight...

People have always said I have unlimited margin.
But in this bull market, I'm really close to losing it all 🥹
In the bull market of the past two years since 2023, not only have I not made money, but I've also been worse off than at the end of the bear market in late 2022...

Garbage is just garbage, incompetence is incompetence, and being bad is just being bad; there's nothing more to say...
Sometimes I also think back to the 1000U happy beans that FTX gave me back in the day.
I lost as low as 245U, but then I used it to earn up to a maximum of 2.2 million U.
It multiplied by over 8000 times in a year, like a dream.
And it stands in stark contrast to my current incompetence!

This is my fifth year of full-time trading.
The experiences, the pressures, and the warmth and coldness are something I know in my heart.
The only thing to be thankful for is
Even though I haven't made much money, I have a gentle and understanding wife, and a lovely, mischievous daughter who sometimes drives me crazy.
That's already enough luck and happiness.

Tonight's drink is quite intoxicating; sometimes, shouldn't I really get thoroughly drunk? 🙃

Today's edition, ETF
After three days of significant net outflows, the Bitcoin ETF saw a net inflow again yesterday.
Currently, it seems we are at a stage where bulls and bears are in a standoff, especially since this is near historical highs where there is naturally divergence between the bulls and bears. This includes the early buyers of the ETF, some of whom are taking profits.

Additionally, the Ethereum ETF has been in a state of net inflow recently.
BlackRock has been continuously buying, and there are rumors that a whale has purchased over 100,000 units through OTC.
The buying trend for Ethereum is ongoing.
Currently, my main spot holdings are also leaning towards Ethereum, as the ETH/BTC exchange rate shows a continued upward trend.

As long as the price of Bitcoin does not fall below $100,000, the upward trend remains intact.
Stay steady, the bulls will eventually win! 🙂🙂🙂
#BTC

I heard others say that James has opened another hundred million in long positions.
When I came back to check, it really is...

Does he still not realize
that no matter whether that so-called conspiracy group (the manipulative traders) is present or not,
as long as he trades against them, he can make a profit?

It's not that the big players want to take him down now,
but even small retail investors like me want to follow him to trade against him to profit...
So now, it's not just some 'manipulative traders' watching him,
every small retail investor wants to get a little from him...

Is he still publicly showing his account?
Still putting on a show?
I guarantee you'll go back to zero again! 🙂
@JamesWynnReal

Cleared the last BTC and PEPE long positions

James spent over half a year to earn 86 million dollars

Only took a week or two to lose it all, and even incur losses

Each version has its own legends!

The fall of a legend is just a moment...

Respect the market, always fear the contracts

This is also a reminder to myself.
#BTC

The last counterfeit belief has collapsed...

Suffered a huge loss 😭

Today's ETF
Yesterday, Bitcoin ETF saw a net outflow of $347 million, marking a significant outflow after several days.
Only BlackRock continues to buy, but the buying volume is decreasing.
Currently, this upward trend remains intact, and we continue to remain bullish!

Ethereum ETF is still in a stable buying trend, with not much volume but focused on stability...
For now, it is still defined as a continuation state of the upward trend, and any pullback is a good buying opportunity!

In the current fluctuation near this new high, both bulls and bears are actively exchanging positions.
James's huge long positions are about to exhaust their capital, while some smaller whales are also participating in the hunt against his long positions, with some counterparties making decent profits.

So, especially in the futures market, if your position is large enough, it's better not to expose it.
After all, in this market where it’s either me eating you or you eating me, orcas can also eat a sperm whale many times larger than themselves.

In a narrow encounter, it's not the brave who win, but the wise.
Stay low-key to go far.
#BTC