monkeyjiang

Woke up in the morning, checked my phone.

I saw many bloggers discussing the Glonk issue.

Entered at 5000U, lost almost 3000U.

Summarizing the core reason for losing money:

Did not have enough research time, just saw the narrative meaning and jumped in.

Forgot that the narratives born from such small market cap projects often have limited value.

What is the market cap of BONK itself? This point was overlooked...

More often, it’s just emotional.

Sorry to the friends who jumped in after seeing it on Twitter this morning.

The project team didn’t pay for advertising, didn’t provide any chips, and there’s no cooperation at all.

This time is a lesson; I won’t touch such narratives again.

Still better to be stable, and share with everyone after thorough research.

Don't rush after glonk, pour both coins together.

It's still the first time encountering this...

In the past, the battle of uppercase and lowercase letters wasn't like this

It's really f***ing disgusting.

Just woke up, quickly learned about the Glonk incident

Without hesitation, I got in around 9M

8yxD7uSEyEKpJqaSiunworBFzirAsRXKNjD2X1mdbonk

This narrative against hegemony and extreme bloodsucking profiteers

Is indeed very MEME

pumpfun doesn't treat retail investors as human

And is also aggressively dumping SOL

From any perspective, it should lead to their own demise

The younger you are, the more suitable you are for doing Twitter

Because generally, you have a good sense of the internet

You don't need to:

Analyze market trends accurately / Get results on-chain
Be great in secondary markets / Have impressive investment research

As long as you can create trending content

You can make big money

Exchanges and project parties will rush to cooperate with you

Additionally, if you particularly love to perform in the real world

Then this is a plus

Traffic content is all about expressiveness

In the crypto world, age doesn't matter

Just go for it

MEME on BSC

I currently only have $naiive

Saw it at 85K

Even took the initiative to research

Found that many BSC participants got results

Whales have entered

I was drinking at that time and didn't execute

Got in when it was at 32M

Now it's at 42M

Interacting quite frequently with CZ

Referencing the market cap of the donkey and the gorilla

A 10M hope is quite large

There’s about three times the space from now.

I’m quite disappointed with the ETH ecosystem

It really is more noise than action

There’s not even one that can perform.

This is a cycle without bulls or bears

After a few months of decline, a wave of increase is the normal state of the future market.

We are in a super cycle of Bitcoin, and the final price of BTC should exceed 200,000, or even 500,000 USD!

However, this wave around 110,000 is the peak of this phase, and my personal opinion remains unchanged!

First, the easing of tariffs between China and the U.S. from 100,000 to 110,000 is a positive factor, which provides emotional momentum.

Once the positive factors are realized, the market will slowly re-evaluate.

However, I currently do not see any key points that can help break through 120,000 or even the 150,000 that everyone is talking about.

Let's talk about interest rate cuts:

1. The market generally expects the Federal Reserve to start cutting rates in September 2025.

2. JPMorgan predicts it will be in June or July.

First of all, June is unlikely, as the market predicts the probability of an interest rate cut is only over 20%, and even if there is a cut, it will be at most 25 basis points.

I believe that the probability of a rate cut in September is the highest.

I also looked at the Federal Reserve's meeting schedule, and August is a window period for meetings, which is quite interesting.

Whether in July or September, Bitcoin's price will react in advance to the interest rate cuts.

The current increase is partly due to expectations of rate cuts.

So regardless of whether the cut happens in July or September, October is a critical point.

The market will naturally reach a bottom after the first phase of the rate cut lands, and then gradually enter a new market as the rate cut slowly unfolds.

The above content is just my personal humble opinion.

The mountains are high and the road is long. On the journey of following Bitcoin, I hope everyone does not fall behind, just go for it!

No one can really predict the future

Everyone in this circle is like this

It's all about betting on the probabilities of returns

From this perspective, they can all be considered gamblers

But isn't life also a gamble?

Since you want to make big money in this circle

You have to endure the pain brought by its uncertainties

There are no shortcuts

Everyone has their most comfortable trading strategy

When it comes to meme trading, I prefer phases around 1M and 10M.

When a trending narrative can repeatedly stabilize in the 1M to 2M range and show a sideways state, then there is a chance to reach 5M or even 10M.

10M is a relatively large threshold and requires greater driving force.

Either you are at the center of the hot topic, or positive news keeps connecting.

As long as the 10M phase can hold for a few days without dropping, there is generally at least several times more space, especially in the Solana ecosystem.

In fact, this trading strategy has a higher win rate, is less exhausting, and is healthier.

I don't like to push my body into phases where I chase tens of thousands every day; the feeling of being mentally tense is too uncomfortable, and health comes first.

Recently shared MEME, performance summary:

$DARK entered at 6M, peak 49M, 8x return.

$NEET entered around 6M, peak 25M, 4x return.

Wizard lost 23%

VINE entered at 40M, peak 64M, increase of 60%.

PIZZA entered at 50K, peak 800K, 15x return.

GORK, neither lost nor gained.

The biggest regret is titcoin; thought the candlestick trend was good, entered at 22M, sold too early, didn't share, otherwise would have also made over 3x.

The above are the MEMEs shared during this period, with reasoning and not many in number.

Overall profit from a principal of 20,000 U, with earnings of 117,000 U.
Of course, it can't be compared with the hundreds of thousands U or millions U of the big players.

But I like my own pace, believe that one day I will achieve great results on-chain through my own coin selection and trading logic.

Take it slow, time is long, what's the rush.

Thoughts on the golden frog on Ethereum

Wherever the hot spots are, we should embrace them; currently, Ethereum needs a new frog king to break the market cap ceiling.

Only then can more explosive MEMEs emerge, RATO currently has this trend.

But the premise is that Ethereum can sustain above 3000, such that RATO exceeding a market cap of 100 million is very probable.

Ethereum's next 10x potential big dog

Throw it over and let's study together, requiring reason and evidence

I'm going to research!

Why is ETH so strong? The simplest logic!

Bitcoin at the bottom in the 7's
When the FUD voices against Ethereum were the loudest

Because there were more skeptics

Why did SOL drop from 270 to 95?

Bitcoin was at the top of 100,000 at that time
The meme market for Solana was too strong

Everyone believed SOL would reach 1000u from 270

So this is the simplest logic

It's not that the market isn't going up, it's just that there are too many people in the vehicle
It's not that the market isn't crashing, it's just that there are too few people in the vehicle

Like if you understand 👍

Upcoming market script:

Bitcoin's rebound will reach around 110,000
Then adjust for at least 5 months
The market will restart in October this year
Ethereum's golden dog will see more rebound this time
This wave of altcoin market will last 1 to 2 months

All entrepreneurship is a matter of life and death

～～～～～～～～～～～

If you can't manage and pursue quick money, it will backfire

In 2021, we were doing foreign trade in Chengdu, focusing on headphones.

At first, everything was going well, but suddenly we saw that mining was banned domestically.

So everyone made a quick decision to stop the headphone business and fully invest in mining machines.

During that time, we communicated daily with foreigners in Europe and the United States, watching batches of mining machines being shipped abroad.

As the mining machine business got better, we moved to a larger office and recruited staff with relevant experience.

However, it wasn't long before Alibaba banned the listing of mining machines.

Everyone's income quickly declined, and at that time the team was mostly recent graduates; previously, they might earn three to four thousand a month from headphones, but when selling mining machines, it was tens of thousands. Now that they couldn't sell, the gap in income felt very large.

Then, the biggest problem arose

Since the website didn't allow sales, we resorted to other channels for private deals.

At this point, the experienced employees we had recruited started secretly collaborating with other team members.

Behind our backs, they negotiated with clients and had the clients transfer money into their own accounts.

How did we find out?

A client approached us and asked why the goods weren't shipped, providing a payment screenshot.

But the company hadn't received the money, so we investigated and discovered the issue with this employee.

We confronted him, and he voluntarily resigned.

Within a few days, team members started resigning one after another, leading us to realize that it wasn't just one person with problems.

After tallying it up, the losses were significant and disheartening; we had always interacted in a brotherly manner.

Looking back now, it was indeed a management issue, and we shouldn't have hired experienced people.

When we were in the headphone business, we were already a five-star store with many big clients. After a year in the mining machine business, this direction stagnated, and we lost many clients due to not maintaining relationships.

Many headphone stores that were previously not as good as ours have since thrived because they consistently built up their business.

I have gradually stepped back from the foreign trade business; it really took a toll on my health.

So now I am just doing some trading and playing around on Twitter.

Not everyone is suited for entrepreneurship; ordinary people's skills are limited, and this requires talent.

Chasing this market are all big fools

In the primary market, hold onto the coins you believe in

Not messing around is the most profitable!

I'm still in neet and vine

Fortunately, I didn't sell a few days ago~

Buy more SUI when the big drop comes

An opportunity to make money with closed eyes

The star of the last bull market was ETH, the dark horse was SOL

The star of this bull market is SOL, the dark horse is SUI

So for the next bull market......

Those who understand are already looking forward to the bear market

@lianyanshe Chain Master was the first to get on board

Has been preaching the SUI ecosystem

I think there is a great opportunity

Everyone can pay more attention to his tweets

SUI ecosystem dividends

Should be the next cycle

Give Up on the Fantasy of Ethereum

～～～～～～～～～

Ethereum's current state
is all self-inflicted

Shouldn't have transitioned to PoS
Shouldn't have fallen in love ^_^

But in fact, these
aren't important

What matters is the lack of demand

The last bull market saw a 50x increase
entirely driven by demand

Such as DeFi, NFT, Zoo memes

These major narratives
propelled every wave of Ethereum's main surge

What is this wave of demand? RWA
Completely impossible

There is no narrative connecting institutions and retail
How can it become the fuel to drive ETH?

So, I have already given up on ETH

Bitcoin around 110,000 at its peak

Don't rush to deny me, this article is just a record of personal opinions

Let's start with the conclusion: after this wave, Bitcoin will wash until October this year, and then the market will restart.

Macroeconomics, K-lines, on-chain data, and market sentiment do not support Bitcoin rising another 50 points, or even doubling.

After clearing out at 100,000 USD in December and January of 2024, it fell to the 7s in March and April this year, where I bought the dip.

The big swings in Bitcoin over the past two years have been very enjoyable,

Everyone can see below, some screenshots of viewpoints.

Many people think I like to shout

But you will find that every time I first present logical viewpoints, and then shout continuously.

Some friends might ask why I don't shout logically afterwards

It's simple, because I’ve already said it…..

A few simple sentences summarize it every day so that you can remember it deeply.

Aside from the secondary altcoins that have hurt me, actually, Bitcoin and the primary ones I shout about are not wrong.

Perhaps if I don’t shout about Bitcoin starting with 7 every day, you would have cut your losses.

I've been shouting this way since 2022.

I can't please everyone, I just need to be myself.

So what if the interest rate is cut?

So what if the interest rate is not cut?

I have no sense of anticipation

Even if the interest rate is cut

The impact won't double Bitcoin

I just want to return to the bear market

Let the betting table restart

Lrene Zhao's first tweet mourning Jeffy

was at Beijing time
2:29 PM

At that time
LLJEFFY was under 1M

In the second tweet,
it was stated that "just asked" an insider
and learned that Jeffy was still alive

At this time
it was Beijing time 8:19 PM
LLJEFFY's market value was 30M

"Just asked,"
everyone should highlight this point.

I am thinking
if you really care for everyone's good

or truly care about Jeffy
why didn't you proactively verify
at the time of the first tweet

because you could contact someone who knows him
and you surely also know
about the LLJEFFY coin

Instead, you chose to consult
at the moment of the highest FOMO online

Is it because you are afraid that everyone will lose money?
or are you afraid that everyone will make money?

People actually do not care
whether what you said is true or false

It’s your entire thought process
that makes people feel uncomfortable

I understand everyone has their own little 99

But looking at it from another angle
whether he is gone or not
what does it have to do with you?

Anyway, after trading coins for so many years
I know human nature the best

The coins that one missed out on
will make one actively bearish

There is no reason at all.

Only a fool wouldn't want to make money

In the afternoon, I chatted with Professor @Zhouqi_2013

When I shared LLJEFFY

At that time it was 2M

I said the narrative perspective was absolutely novel

This is very meme

It's just that the hype makes one feel a mental block

So neither of us bought it

Sigh, let's not talk about it, I'll cry for a while.