Recently, Ethereum and others had a rare rally, and I saw a group friend go long on $ETH . After a small pullback yesterday and today, his position blew up. I asked him, 'The price just dropped for a day, why can't you hold on?' He replied: 'I used high leverage to go all in.'..... Oh my god, I am speechless.
Crypto can easily be a money grab, but this market, lacking innovation, is currently just making money from gamblers. Are you here to make money or to give money away?
Repeat three times: Don't use high leverage, don't use high leverage, don't use high leverage!
In this market, surviving longer is more important than making quick profits.
A Hong Kong man was defrauded when exchanging virtual currency offline
On April 27, Mr. Luo was instructed by his superior to bring HK$1 million in cash to the "OTC Exchange Shop" at Room 18, 27/F, No. 1 Hung To Road, Kwun Tong on April 17. The shop looked no different from an ordinary mobile phone parts shop, and Mr. Luo did not notice anything unusual, so he made a transaction with a woman in the shop. During the transaction, Mr. Luo recorded the banknote numbers and took a video to try to ensure the safety of the transaction. As a result, the USDT transfer was delayed, and the cash was forcibly taken away.
Half an hour later, Mr. Luo's boss still hadn't received the USDT, but he insisted that the transfer had been completed. Mr. Luo called the police, but they were arrogant, claiming they were "not afraid of law enforcement," and forcibly took the cash away despite being surrounded by many people.
Bitcoin (BTC) was created in 2009 by an anonymous entity known as Satoshi Nakamoto, and since then it has fundamentally changed our understanding of money and financial systems. As the first and most well-known cryptocurrency, Bitcoin paved the way for the entire digital asset ecosystem.
*Core Technologies and Principles*
Bitcoin operates on a decentralized blockchain, which is a public ledger that records all transactions and is distributed across a network of computers. Its key technological innovations include:
- Proof-of-work consensus: Miners compete to solve complex mathematical problems to ensure network security and validate transactions.
Last year, a fool made 1 million in the crypto world using the dumbest methods, and his trading records left all analysts speechless—80% of the trades were losing..."
Capital Management: Treat the principal like a family heirloom
Dividing the principal into 10 parts is not weakness, but a way to outlive the opponent
5% stop-loss is not a technique, it's a life-saving talisman
The secret to shutting down after 3 stop-losses: Historical data shows that after consecutive stop-losses, the success rate of forced trading drops by 62%
Survival Manual for Moving Average Battlegrounds
"What you think is a support level is actually a slaughter line drawn by the main force"
5-day line is a meat grinder: Statistics show an 87% chance of a pullback within 48 hours after breaking the 5-day line
30-day line is the real lifeline: In the bull market of 2023, coins that held the 30-day line had an average increase of over 300%
200-day line is the life-and-death judge: 94% of the 'warriors' who bottom-fished below the 200-day line disappeared within 6 months
The death cycle of skyrocketing coins
FOMO Trap: 92% of those who chase high after a surge lose money within 3 days
True bottom characteristics: Trading volume shrinks to 1/10 of the previous high + community complaints disappear
"The signal that the big players fear you understanding: Weekly double golden cross above the water"
Golden cross below the zero axis: Data from the past two years proves 87% is a trap to bait the bulls
True golden cross: Must meet 3 conditions
"Incorrectly adding positions has caused 90% of people to miss out on 300% profit"
The scientific basis for adding positions only after a 20% profit: The success rate of adding positions below this threshold is only 39%
The secret of pyramid position increase's high profits: Halving the amount added for every 10% increase can quadruple the return
"A certain big player confessed: I just use this signal to harvest retail investors"
High-volume long upper shadow at a high position: Coins showing this signal in the past six months averaged a 45% drop in 7 days
The most insidious trap: No-volume decline
Do you know why people using this method are quietly making money? Because they have mastered a data loophole that exchanges will never disclose...
Using the dumbest method to make the most ruthless money. $BTC $ETH
Bitcoin is currently in a fragile position, with a dense trading area above $96,500, and it may consolidate in this range for a while. Don't guess the top and don't fear the heights; corrections are still bullish! Although many in the market are trapped in short positions, hoping for a market crash to release their shorts, or waiting for prices to drop before going long, such a large rally doesn't usually offer many corrections. The four-hour chart shows a rise followed by a drop, with pressure above at the 96,000 line. Looking at the daily MA indicators, the moving averages are starting to diverge, indicating that the market has room for repair and consolidation. Both the hourly and four-hour charts are beginning to decline, and further corrections are expected in the early morning. Watch for support around 93,000 below. #BTC #ETH #加密市场反弹
What is the secret to making big money in cryptocurrency trading?
The cryptocurrency market is highly volatile; some become rich overnight, while many lose everything. To make big money in trading, one must understand the following core logic and practical strategies:
1. Understanding the underlying logic and contrarian operations: * Be greedy when others are fearful (accumulate positions in batches when prices drop to key support levels); * Be fearful when others are greedy (take profits in a tiered manner after a price surge);
2. Have core practical trading strategies: * Maintain a mindset of position management, accumulate positions in batches, prepare a trading plan in advance, and strictly adhere to stop-loss discipline. * Master precise timing techniques; if there are no good trading opportunities, be patient and avoid placing orders frequently.
In this market, surviving longer is more important than making quick profits.
LAYER has gone live on #OKX, and the market maker Wintermute may be transferring liquidity to the OKX exchange. In the past 2 hours, this institution has withdrawn a total of 5.19 million LAYER tokens from Binance. LAYER, with a total value exceeding 11.67 million USD, has an average price of 2.24 USD (current price 2.28 USD).
$ETH Watching new highs tonight, US stocks surged crazily yesterday, so the crypto market should catch up today, right? Ethereum is following the expected divergence upward trend, continuing to reach new highs! Old coins will absolutely not give up on ETH, although the recent low prices have raised doubts among many people. #以太坊的未来 #加密货币 #交易
The bull market will return soon, and Bitcoin has finally reached 70,000. The bull market trend will eventually return to the mainstream, and those who have faith will have what they should have, and what is expected will come. . .
Why is long-term investment more successful than short-term trading?
Long-term investment is the result of significant capital fully engaging in the market, with a firm will that is difficult to change once established. Short-term trading, on the other hand, involves various types of capital frequently entering and exiting without a stable position, leading to unpredictability.
To evaluate the market participants, ultra-long-term investors are like dealing with saints; they are honest, upright, and willing to contribute.
Long-term investors are gentlemen; at least they won't deceive you.
Medium-term investors are ordinary people, who sometimes may have slight emotions.
Short-term traders are generally of lower character; they love to lie and boast, but still possess some conscience.
Day traders are like dealing with a bunch of beasts; they not only lack integrity but are also lazy, hypocritical, cunning, and ruthless.
Therefore, the most important thing for a person is to have self-awareness, to accept their ordinariness, so they can make the most beneficial judgments for themselves.
V God is seriously selling coins to dump the market.
Vitalik earned 908.77 ETH by selling Meme tokens in the past 12 hours BlockBeats news, on October 13, according to Lookonchain monitoring, in the past 12 hours, Vitalik earned a total of 908.77 ETH (US$2.24 million) by selling Meme coins received for free.
🌟Does anyone still believe in the bull market in the cryptocurrency circle? 🌟
$BTC From the daily level, the market has been fluctuating for eight months. The price is at the iron top of $63,000 and the iron bottom of $53,000. Is it calm to take the spot? Is the chip constantly worn out when doing contracts? The large-scale trend has broken the hearts of cryptocurrency friends, and they can only hope that the bull market will come soon! !
As investors await US CPI data, is the crypto market in the calm before the storm?
Since the Federal Reserve announced a rate cut on September 19, Bitcoin has experienced a large shock. Last night, the bears exerted their strength and the price fell sharply, reaching a low of 60,331. Currently, 60,000 US dollars is a key support level, and there is a temporary small correction.
The daily level fell below the EMA120 line. The K-line reached below the four-hour Vegas tunnel. At present, Laobi still believes that Bitcoin is still in a downward trend. The bears are still exerting pressure, so it is particularly important to hold the 60,000 mark. If it falls below, it may be another wave of rapid price decline.
Against the backdrop of the Fed’s rate cut, I am optimistic that Bitcoin is seriously undervalued. I personally think that tonight’s CPI data is likely to be positive, and I hope Bitcoin can hold the key psychological barrier of 60,000.
I made 5 million yesterday from stock trading. When I withdrew the money, the customer service of the brokerage firm asked me to donate some of it, but I didn’t want to. The customer service was very aggressive, and then we started arguing. The argument got more and more intense, and finally woke me up…