Bitcoin will once again reach 100,000 USD!\n\nFirst, interest rates must be cut in the second half of the year.\n\nHowever, don't hold too high expectations for the extent of the rate cuts; the number of cuts and basis points will definitely not be that aggressive.\n\nThis kind of liquidity will not bring about the widespread bull market seen in 2021; mainstream capital will still choose to build on Bitcoin.\n\nIn the short term, the current Bitcoin price at 84 has touched the resistance line above on the daily chart, and it is about to choose a direction.\n\nIf there is an unexpected negative event, Bitcoin is expected to go back around the 77 position.\n\nIf there are no negative events, the probability of Bitcoin breaking through is very high, but it will still be very difficult to break through the 100,000 level above.\n\nSo my friends, for now, just surviving is the best survival strategy! #BTC
The Darkest Memories of Borrowing and Trading Cryptocurrencies ~~~~~~~~~
Speaking of borrowing It evokes that Unpleasant memory
In June 2015, A-shares The leverage explosion Opened the path of debt
In 2017, the bull market cleared debts In 2018, 2019, 2020 Offshore leverage gradually entered
On that day, March 12 Everything turned to nothing
From having to not having From nothing to having On the timeline of me I am very tired, very tired, very tired
If in 2021 borrowing and trading cryptocurrencies I agree with you Understanding how to utilize leverage To make money in the rising market trend Because I am also a beneficiary
But now it's different Offshore leverage entering Undoubtedly adds to one's own troubles
In this cycle Many people want to empty your wallet
We need to arm ourselves To survive To control our desires
Everyone's growth Is a process of letting go of obsessions The pursuit of wealth and love is the same.
Bitcoin will rebound to 100,000 USD! SOL's rebound will be stronger than ETH, at least to around 170 RAY and ORCA will perform better in ecological tools Focus on MEME on Solana, the golden dog will still have potential Congratulations to friends who started buying at 7.
The years 2016 and 2017 were the budding phase of self-media in the cryptocurrency space, especially the bull market in 2017, which helped many self-media creators. Female PhD, Bitcoin Battle Car, Feng Jiling, Madman, the cold moon of Zhaocai Coin, and others like Bage.
Weibo and public accounts were outlets for information and emotions, and at that time, traffic was more concentrated.
If you wanted to create an IP, it was relatively easy back then. What kind of education you had didn't matter, as long as you could understand Chinese and grasp market sentiment.
Retail investors often seek information more for psychological comfort, and the Madman is a typical example.
During this cycle, a batch of new stars of the era was born on Twitter, including Ni Da, M Da, Sha Po Lang, Liang Xi, Wizard, Wang Xiaoer, SUN, and others. Especially during this wave of on-chain dividends, bloggers in the vertical on-chain track basically reaped the big fruits of the dividends.
It must be said that every era has its own imprint. Whether you can leave a mark or not depends on luck, the energy of the trends, and your own efforts.
Remember, making money has never been a shameful thing.
#SOL The King Returns, Continue to Absorb Ethereum!
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Since the last peak escape at 250U, SOL has experienced a phase of adjustment.
Unlocking, whale sell-offs, ecological stagnation, and various other negative factors have caused the coin price to drop by 67% from its highest point to its lowest.
Currently, Bitcoin has tested the bottom twice without breaking 7; next, there will likely be a rebound. The major pressure point still remains at 100,000.
During this rebound, SOL is expected to outperform Ethereum, and SOL's ETF will definitely be approved this year.
Therefore, accumulating major altcoins, SOL remains the best target.
From a short-term K-line perspective, the major pressure point ahead is around 160. If the ecological MEME market can continue to restart, reaching the previous high again is not impossible.
When the market is bullish, prioritize the small coins Small coins focus on hot spots, just buy the leaders If the leader experiences a big pullback, invest heavily Double your capital, turning the underdog into a millionaire
Once a person gets overly excited, it’s really easy to go astray.
For example, in spot trading and contracts, every time there’s a significant drop, everyone’s emotions are very down.
Most people will actively seek information on Twitter to see how the future market will trend.
However, seeing the market drop makes most people bearish.
At this point, if you notice many people on Twitter being bearish, this psychological cue will affect your judgment.
So as long as there are a few people who are bullish, you will take them as an outlet for your emotions.
Why do I understand this so well? Because I’ve been that outlet many times……..
Irrational emotions can lead to irrational actions, resulting in chasing highs and cutting losses.
2. Learn to Cash Out
In the crypto world, if you don’t know how to cash out, you will never make money.
Set a goal: on the basis of your principal, earn 10% or 20%, and cash out your profits.
This should be determined based on the current market conditions, but don’t turn all your profits back into principal. Based on years of losing money experience, this compounding model isn’t suitable for the crypto world.
The benefit of cashing out profits is that even if you lose your principal later, in extreme market conditions, you can still enter with profits.
This approach can prevent you from knowing that an opportunity has come but suffering from a lack of resources.
3. Only Engage in Cognitively Aligned Activities
You can do what you understand. You can choose not to do what you don’t understand, or you can approach it with a zero-sum mindset.
But don’t go against your understanding; pretending to understand can lead to significant losses.
The logic above is useful whether in the crypto world or other fields.
Full-time cryptocurrency trading, how humble it is in the real world
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Taking myself as an example:
My second uncle is a professor at Beijing Institute of Technology. Every time I go to Beijing to visit him, I have to call in advance to "make an appointment."
I remember it was at the San Yi Temple, his home is right inside the school, and the security checks at the entrance are very strict.
I don't know why, but the security guard seems to have some sense of superiority. Every time I bring something, he looks me up and down, and it takes quite a bit of effort to get inside.
In fact, I really don't want to go to his house because as soon as I do, this kind of bloodline repression from elders to juniors makes me feel very oppressed.
Once inside, usually after just a few sentences, my second uncle will ask me what I'm doing now, how I'm doing, and so on with a bunch of questions.
He knows I'm into blockchain and trading cryptocurrencies. So he doesn't ask in detail.
He always loves to give examples of others, like look at so-and-so from such-and-such family, who has already started a company and become a boss, or a top official somewhere.
Then he would lecture me, urging me to do something practical, saying blockchain is too abstract and cryptocurrency trading is unreliable.
First, there's no social status, and second, there's no accumulation of social resources.
At over 30 years old, shouldn't I reflect on this....
Basically, that's the content, but upon deeper reflection, it is indeed so.
My friends and classmates around me are also like this. Every time we gather, everyone will intentionally or unintentionally show off their "capabilities."
Even those who run restaurants in my hometown can boast a bit, proving their social influence.