Where are we in the market! These are some personal opinions from Tien. With years of experience in the financial market. As you can see: First, the US-China economic tensions are rising. I find this quite concerning. Especially with Trump's personality, there is a high likelihood that there will soon be factions (economic warfare). Issue 2: why is gold rising? You may not know. Gold is the safest haven asset during an economic downturn. This time (if issue 1 escalates) there is a strong possibility of a recession even worse than after COVID.
Huh, what’s that? I am the leader of transactions with a 100% win rate, no additional capital injected! Why did the person copying me lose everything? My maximum drawdown (MDD) is 34%, with the highest drop around 40-45% of the account! Even if there’s a difference, the person copying me should only be down 45-50%, right?
Five years ago, another account went to zero. Not the first time, but the feeling is still bitter. It’s not just money, but also the trust of family, the promises made to wife and children, the dreams that turn to ashes when touched.
My wife looks at me with red-rimmed eyes, having no tears left to shed. My parents advise me to give up and find a stable job. "This isn't a profession, why keep diving in?" I remain silent. I also doubt myself.
Stop. Not to give up, but to start over. Six months without trading, without looking at charts, without chasing the market. Just learning and correcting mistakes. This time, it's not about complex indicators or price patterns, but about learning how to control myself. Writing down the rules and sticking them right on the desk. No FOMO. No revenge trading. No breaking the rules. A wrong trade doesn’t make anyone lose everything, but a bad habit will push everything back to zero.
In the last two years, everything has been different. It's not just a few winning trades, not a lucky wave, but stability. A system with rules, a steady mindset in the face of the market. The account has profits, consistently month by month. No more sleepless nights due to losses. And this time, when I handed the car keys to my wife, when I took her to the new house, she cried. But no longer tears of disappointment.
The sweet fruit only comes when seeds are sown with discipline. If someone is still struggling with trading, still letting emotions govern, start with discipline. Or simply, you can copy my trades.
Where is #BTC in the cycle? Why haven't altcoins increased?
The crypto market always operates in cycles, and currently, we are in the early stage of the main upward wave. BTC has broken out of the long-term accumulation zone, but the capital flow has not yet strongly spread to altcoins. Why is that?
1. BTC is in the phase of trend re-confirmation After a strong increase, BTC needs time to accumulate again before continuing to rise. This is when the market tests important support levels and checks the buying power of whales. If the bulls are in control, the price will hold steady and continue to rise.
2. The rotation of capital flow in the cycle Capital flow in crypto often flows in the order: BTC → ETH → Large altcoins → Small altcoins. Currently, capital is still focused on BTC because: • Large investors (institutions) often prioritize BTC before expanding their portfolios. • BTC needs to establish a solid foundation before capital flows into altcoins.
3. Why haven't altcoins increased? Even though BTC is rising strongly, altcoins have not exploded because: • Investors are still cautious, not confident enough to push capital into altcoins. • BTC dominance is still high, indicating that capital has not exited BTC. • ETH has not really led the trend, and there hasn't been a clear explosion from any major ecosystem.
Conclusion If BTC holds above the important support area, sooner or later, the capital flow will also spread to altcoins. This is the time to closely observe signals, avoid FOMO, and prepare strategies to capitalize on the trend.$BTC $ETH
The futures copy trade event is free to participate on Binance, have you heard? There are 3 prize structures: 1: for leaders - 10 people will be awarded 2: for copy traders - 2500 people will receive gifts 3: for simulated copy traders - 2500 people will receive gifts You can participate for free by copying the simulations of successful trading leaders! Click on the copy trading section 👇👇 to join the program! We trust you can copy us or simulate copying us! Completely free.
Are you still breathing??? Since yesterday, the crypto market has been as volatile as a ghost. BTC dropped to 78k and then bounced back to 84k in a short time. Those who used high leverage were all liquidated, even getting liquidated on both ends – longs were swept, shorts also disappeared. This is not the first time and certainly won't be the last time.
As a trader, the most important thing is to survive before thinking about profits. Leverage is not bad, but if used incorrectly, it will kill your account. Below are three hard-learned lessons that everyone needs to remember:
1. Low leverage – live longer You may win a few trades with high leverage, but just one strong fluctuation can wipe your account clean. If you want to survive long-term, reduce your leverage. The safest level is below 5x, and always set a stop-loss.
2. Discipline is more important than feelings Don't let the market control you. Set a target, and once reached, take profit. If you hit your stop-loss, stop. No revenge trading, no FOMO. Without discipline, sooner or later you'll lose everything.
3. Control your mindset – don't let the market lead you When you win, don’t think you’re great. When you lose, don’t lose your composure. Remember, the market always has opportunities, but only for those who are patient and can control their emotions.
Crypto is not a place to get rich quick. If you don’t want to become “liquidity” for others, trade smartly and stay alert!
I’m trying to be a leader in copy trading. If you’ve read this far, please give me a flow into copy trading and simulate to observe my profits! Thanks!
5 years ago, I entered crypto with a winning mindset, thinking that as long as I had capital, I could get rich quickly. At first, losing a few tens or hundreds of millions didn't hurt, because I still had money. I told myself: "I can get it back!", so I kept depositing, burning my account, and depositing again.
But then the money ran out, I borrowed everywhere, and my debt piled up.
I still remember that day around this day 3 years ago - The whole family had only 20 million left to make a living, but I also put it into an order. I traded with a gambler's mentality, placing orders and praying. When my account was 70-80% negative, I slapped myself in the face and cried.
Now that I have controlled my greed, I can really get it back. But I'm not as lost as before. When I make a profit, I withdraw it to buy land, buy a car, instead of rushing into the market vortex. I'm afraid of the mentality of wanting to get rich quickly, because that's what dragged me to the bottom.
With my experience, I sincerely advise you:
1. Control your greed - No trade will make you rich right away, only discipline can keep you alive.
2. Capital management - Don't go all-in, don't hold on to losses, always set stop-loss.
3. Stable mentality - Don't let emotions control your decisions.
4. Clear strategy - Don't enter randomly based on emotions or rumors.
5. Know when to stop - Only those who keep their money are winners. Don't borrow to invest!
Those who have experienced it will understand. Don't lose everything before you wake up!
Every time the market is in turmoil. I can't sit still. My heart feels like it's stopped! And the result is just like everyone else! Another lesson learned. After more than 1 cycle of learning from experience with futures, I've come up with 3 basic points! 👉👉1: always divide your capital (futures should only account for a small part of your capital, specifically 5-10%) 👉👉2: analyze less! Reduce leverage (if you are still using leverage above 10x, trust me! The exchange is just letting you hold it temporarily, at some point they will take it back) 👉👉3: DCA is the fastest way to bring you back to zero (anyone who specializes in DCA orders, tell me if I'm wrong! It's even more terrifying than not setting a stop loss)
BTC 100k~ 2.6 billion. If you work a lifetime, you still won't earn enough to buy 1 BTC. But don't let that stop you from considering it! In 10 years, we might not use the unit BTC anymore but instead use the unit satoshi. Just like we don't use the unit KG of gold but simply the amount, just...$BTC
#BTC is correcting. Trust to Long. On the uptrend wave, there are thousands of shaking waves that make us want to give up. Trust and be steadfast-> that leads to success Just want to remind everyone: be steadfast and disciplined. 8 years from now you will still be here. We are financially free. Flow me! #Write2Win #TopCoinsJune2024 #btc70k $BTC