Recently, the decline of the market has attracted a lot of doubts and ridicule. Some people laughed at my previous "crazy bullish remarks" in the comment area, believing that the drop of Bitcoin from $68,000 to $64,000 means the end of the bull market, and some even assert that there will never be a bull market again. These views are really ridiculous in my opinion. For this reason, I raise a few reflection questions for everyone to think about:
1. Do you still believe that Bitcoin will return to zero?
Bitcoin's history has proved its resilience and value. After countless price fluctuations and market turmoil, Bitcoin still stands firm. Those who once predicted that Bitcoin would return to zero have long been eliminated by the market. As a decentralized digital currency, Bitcoin's technology and concepts are deeply rooted in the global financial system. Although prices may fluctuate in the short term, its long-term value is still trustworthy.
2. Looking back on the past year, how has the price of Bitcoin increased?
Not to mention that Bitcoin has risen from a few cents to tens of thousands of dollars today, just one year ago, the price of Bitcoin rose from about $28,000 to the current $64,000. Even if it falls back from the highest point of $68,000 to $64,000, it is just a short-term market adjustment. Compared with the increase in one year, such a correction is completely within the normal range. The investment market has ups and downs, and such fluctuations are precisely the manifestation of healthy market development.
3. Short-term declines do not represent long-term trends
Some people shouted "the bull market is over" because of the short-term decline of Bitcoin, and even questioned the future value of Bitcoin. This short-sighted view is actually not suitable for survival in the cryptocurrency market. The rise and fall of Bitcoin is originally part of the market. Those who only focus on short-term fluctuations may be more suitable to play in the A-share market. In A-shares, there is a limit protection, which may make them feel more at ease.
Summary
The short-term fluctuations of Bitcoin cannot negate its long-term value. Sometimes I feel speechless to those who question and laugh at our "crazy bull talk". Although I think so, I believe that the truth will become clearer the more it is debated. Everyone is welcome to discuss. At the same time, I also plan to write an article on "Comparison of the Market Value of "Cryptocurrency" and "U.S. Stocks"" to express my views from the shallow to the deep.$BTC
Today's Important Events! A Brief Discussion on Bitcoin Conference
❗️❗️Please set an alarm for 22:00 immediately after seeing this tweet❗️❗️ Today's Important Events! A Brief Discussion on Bitcoin Conference This year’s Bitcoin conference will open at 22:00 Beijing time on July 25! It is reported that former US President Donald Trump and Tesla CEO Elon Musk will be present at the event, and they will have an in-depth discussion on the future development of Bitcoin. This year's Bitcoin Conference is expected to be the most eye-catching in history. I believe that opportunities will appear one after another during the conference. Whether it is players in the primary market or the secondary market, they must pay close attention to the content of this year's Bitcoin Conference and the speeches of key figures! !
Trading Psychology ‐【Don't Be Arrogant After Winning】
Most Dangerous After Consecutive Wins! Remember not to get carried away! Definitely do not: increase position size, cancel stop-loss, go All-in!
Maintain planned profits ‐ take profits in batches + move stop-loss to lock in profits. In the long game, the hardest part is to still respect the market in favorable times.
Loss ≠ Failure, it is a trading cost. Set a maximum single loss ≤ 1-2% of account, trigger to close the position. Mature traders must learn to take responsibility for themselves, regardless of profit or loss.
Record the reasons for stop-loss → Identify system vulnerabilities → Upgrade strategies. Dare to take small losses to preserve bullets for big opportunities.
Trading Psychology ‒ "FOMO vs FUD" FOMO = Fear of Missing Out, FUD = Fear, Uncertainty, and Doubt. Emotion-driven impulsive trades ‒ trades made without doing homework. First look at the data (trading volume, on-chain flow) before deciding; give yourself a 15-minute cooling-off period ‒ most impulses will automatically disappear. Think clearly about how long you are willing to hold and how much loss you can bear. Are you making money based on emotions or logic?
Fear makes you cut losses at the lowest point, greed makes you go all in at the highest point. Write down the “If... then...” rules before entering the market: stop loss at price / take profit at price. During trading, only execute the rules, do not argue with the market.
Goal: Leave emotions for life, bring discipline into the market.
🇺🇸 The U.S. House of Representatives passed the motion 215 : 211 to advance the GENIUS Stablecoin Act to a final vote, potentially reaching the President for signature this week—the first federal-level regulation for stablecoins could be on the horizon! 💵🪙 1️⃣ Compliance thresholds ↑ → Licensed issuers like USDC/PYUSD will gain premiums, while gray-area high-leverage stablecoins may be marginalized. 2️⃣ "Regulatory endorsement + bank custody" = Stablecoin ETF-ification, with both interest rate returns and on-chain liquidity providing a double boost, optimistic about the continued expansion of compliant yield products. 3️⃣ DeFi will be restructured around KYC entry points, with L2 and compliant chains possibly becoming new infrastructure. #stablecoin #Regulation #CryptoPolicy
The Art of Opportunity: Finding Future Sparks in the Crypto World
Today is a comfortable day, and the sense of being pushed forward from the last bull market has returned! In yesterday's comment section, someone raised a question, "Does everyone in the world know?" This statement countered my argument. When I spoke about the imminent opportunity—the 'squirrel' that just needs a little spark ⟨c-46⟩—someone openly expressed their disagreement. However, today's market has given them a resounding response. For those who were indifferent amidst their doubts yesterday, today they may be immersed in regret.
In this tumultuous crypto world, being ready to seize opportunities is a hallmark of winners. Take Pnut for example; my recommendation from yesterday has already doubled in value today, proving that those who dare to advance when others hesitate can always stay one step ahead. This is not just an affirmation of my intuition, but also a reflection of a profound understanding of market dynamics.
Last night I kept thinking about increasing my position, but my funds never went through, and feeling drowsy at night, I thought I would wait for a pullback to enter. As a result, DOGE exploded today.
There are always more methods than difficulties, and opportunities are certainly there. If you always regret things that happened in the past, you will forever live in pain.
Now you can pay attention to $PEPE , $FLOKI , shib, neiro. Opportunities are always available. The leader is leading the rise, and you can go for other things in the same sector.
At this moment, I have also heavily invested in $PNUT , something that the whole world knows, with a lot of room for speculation, just missing a spark!
The Hidden Truth of the Bull Market: Why Is Everyone Making Money Except Me?
A friend cried, 'Everyone says the bull is here! There are stories of wealth everywhere, friends, friends of friends, and passersby, it seems like everyone is making money. Every time I open the group chat, it’s messages of ‘I doubled my money again’. Occasionally there’s a big topic, and someone achieves financial freedom... But looking back at my own account, not to mention making money, it’s good enough that I’m not losing money.'
This makes him unable to help but wonder: where did the problem lie? Why is it that in a bull market, everyone else is making money, but he isn’t? In fact, the profit effect in a bull market often carries an 'illusion'. People are overwhelmed by the continuously rising market and think they can earn money by simply investing, but that's not the case. Some people make money often because they laid out quality projects before the market started, while many rush in at the tail end, buying coins that have already been hyped up, making late entries naturally difficult to see significant returns. Alternatively, some buy too early and get trapped at high points, while others wait for a dip to buy low, benefiting from a V-shaped recovery, and it’s not an exaggeration to say they 'made a killing'.
How to Become a Trader Who Achieves 'Legendary Status'?
From Collapse to Glory: 'Black Monday' On October 19, 1987, a day known as 'Black Monday.' The US stock market plummeted over 22% in one day, causing panic among investors, with almost everyone selling off. However, at that moment of market crash, a trader made a counter-trend move at a critical moment. He was Paul Tudor Jones, a young trader who had predicted an economic crisis before the market collapse and shorted stocks before the market began to plunge. With this precise trade, he gained fame, became a legendary trader, and accumulated enormous wealth after the market crash.
[The 'Big Transfer' of Bitcoin: Hidden Intentions or Just a Change of Position?]
Imagine that you transfer all your money from one pocket to another, but you still have the same amount. It seems like nothing has changed, right? However, those around you might speculate whether you are preparing for some big move. This is why there has been so much discussion about Tesla's recent actions.
Recently, Tesla transferred these bitcoins from one wallet to another, but its bitcoin holdings remain unchanged in the third quarter of 2024. This move has sparked widespread speculation in the community about what Tesla is really up to.
By chance, I got the opportunity to work as a private equity developer, which gave me a deep feeling.
When I walked into the company, I felt a completely different atmosphere from the state-owned enterprises and private enterprises before.
It was really quiet when I first got started, and the team was not big, probably only about ten people. It was completely different from the stupid questions asked by three or four people in the previous state-owned enterprises and private enterprises. This time, the interviewer was only a technician, and the questions were straight to the point. The discussion was based entirely on specific scenarios in actual development, avoiding those common "routine" questions.
The currency circle and private equity have similar "combat" atmospheres, which require not only rapid response and execution, but also strong comprehensive capabilities. Just like most traders in the currency circle, one person is responsible for finding projects, investment research and analysis, finding points, and placing orders for buying and selling. If it is the primary market, the requirements are even higher, and even involve some technical environment configuration, tool development, etc.
If you want to get by in this currency circle, this industry really requires extremely high personal ability. To put it bluntly, you have to be responsible for yourself and your wallet. Working overtime and staying up late are commonplace. While getting high returns, you will also face corresponding pressure, but this is also the charm of the cryptocurrency circle.
Use this post to remind yourself that there are many excellent people. Don't stagnate and don't forget to learn.