Taravsky

Some people often ask me
Why I have been in the industry for 7 years but still have no freedom
I can only say that I have been free and bankrupt, and the cycle of experience is inevitable
In addition to the stock experience, I have 10 years of investment experience
But I am not afraid of being laughed at by others, I have witnessed the success and fall of countless big guys
There are many who are better and more talented than me, and many who can never get up again, but they have been forgotten
Wealth can be achieved overnight, but the practice of life is a long journey
You have to live long to achieve it.

Global financial markets pay attention to the Federal Reserve's interest rate meeting

According to Jinshi, the global financial market is paying attention to the Federal Reserve's interest rate meeting this week. The market generally expects a rate cut decision, which is mainly affected by recent US economic data. The latest data released by the US Bureau of Labor Statistics showed that non-farm employment increased by 272,000 in May 2024, exceeding market expectations, while the unemployment rate rose slightly to 4.0%. This data shows that the tightness in the labor market still exists, although there is still uncertainty about the pace of economic recovery.
Currently, the main fluctuation range of copper prices is expected to be between 79,000 and 81,000 yuan per ton. The market remains cautious about future forecasts, partly due to expectations for the upcoming CPI data and the Federal Reserve's interest rate decision. In a controlled macro atmosphere, copper prices are expected to maintain a weak and volatile trend in the short term.

Trading strategy suggestions

Instead of chasing hot spots, it is better to focus on good projects/sectors and earn higher returns.
The market value valuation of hot projects is relatively sufficient, so hot projects are often doomed to fail, and non-hot sectors may have high-multiple opportunities
Select projects that are recognized by the market but not favored by the whole people as the key research objects, so the potential returns are high and the risks are low;
It is not recommended to fully invest in one sector. It is best to choose three or four sectors, with two coins in each sector, one sector leader coin to get Beta returns, and one coin with low market value and high potential to pursue high returns.
Open a position at the end of the bear market, increase positions at the beginning of the bull market, and leave the market at the end of the bull market. The bear market may last for about a year, and then enter a period of volatility. At this time, go to work or do your own business, and don't let yourself be idle. During the bear market, there will not be too many good transactions, so don't open a position because of itchy hands.

Binance CEO: Blockchain and Web3 technology disruption cycle accelerates

According to the Binance blog, Binance CEO Richard Teng published an article titled "Incumbents and Insurgents in the Era of Blockchain Innovation", which pointed out that the number of Binance users exceeding 200 million is an important milestone in the history of innovation. Blockchain and Web3 are developing at an unprecedented speed, and the technology disruption cycle is accelerating. Bitcoin, launched in 2009, laid the foundation for a new asset class and attracted global mainstream attention in less than a decade. It took a very short time from the emergence of the technology to the widespread deployment of accessible consumer applications based on the technology. Currently, millions of people around the world use digital assets to efficiently transfer value online, participate in decentralized financial (DeFi) activities, and benefit from various smart contract-supported functions, from digital art to decentralized autonomous applications.

The second half of the bull market is about to begin. Seize the opportunity to turn around in the four-year bull market!

1. The US non-farm payrolls data released last night was stronger than expected, showing that the job market is still strong, which weakened the Fed's hope of cutting interest rates in September. Data showed that non-farm payrolls increased by 272,000 in May, far higher than the expected 185,000. The average hourly wage increased by 0.4% month-on-month, and the unemployment rate rose to 4%, both higher than last month's data. The US interest rate cut will definitely be this year, whether it is September or later. It is hard to say. The later, the greater the expectation. ETH's spot ETF is also a big hype expectation in the second half of the year.

2. Risk assets usher in spring. Bitcoin, as one of them, may break through the $100,000 mark in the next two or three months. In addition, Binance's platform currency BNB has also been rising steadily, with a market value of more than $100 billion, surpassing Starbucks and Meituan.

3. On November 5 this year, the US election, issuing money and printing money is a common means. The king of understanding supports the encryption market, and there are great opportunities in the first two months of the election.

4. The season of fan coins is coming, and various sports games will be held in June and July.

5. Since you have entered the circle of digital currency, you must look at every decline rationally, and you cannot lose confidence in the currency circle because of a decline.

6. I tell you very responsibly that the cottage season is coming. Now every decline is a good time to buy and increase your position. Don’t think about copying the lowest. No one can copy the lowest. Just buy at the corresponding bottom!

Success is not based on luck. Choice is greater than effort. The circle determines destiny. In the currency circle, in addition to having a keen eye for judging the situation, you must also keep up with a good team and a good leader. If you follow me, you will be half successful in the currency circle.

Why did the US stock market not fall last night, but the cryptocurrency market exploded? What went wrong?

The reason is that Wall Street Bet Wall Street gamblers overturned. Meme stock king GME plummeted by more than 50% in one day, and retail investors collectively returned to zero.

On Friday, WSB leader Gill live-streamed GME stocks, but was stabbed by GME management. GME announced its financial report in advance that day, with a loss of more than 30 million in the first quarter, which put pressure on the stock price. Of course, do you think that's the end?

GME announced that it would sell an additional 75 million shares. This announcement directly buried all WSB people alive, so that the cryptocurrency market, which was deeply implicated, also suffered, and various meme coins flashed down by 20%.

If the employment data last night was far beyond expectations, causing each coin to fall by 5%, then the GME crash in the middle of the night was a sure kill for the cryptocurrency market! And yesterday, Benqin saw the flash crash of PEPE in the early morning, asking everyone to buy the bottom. Although they didn't buy 0.11, they bought 0.12.

Will the cryptocurrency market rise or fall in the future? Shuqin believes that the Federal Reserve’s interest rate meeting at 2 a.m. next Thursday will set the tone for the final market trend, but no matter what, I firmly believe that the bull market will come late but surely!

The Brooklyn District Attorney's Office has seized 70 domain names used for fraud, involving $5 million

According to ChainCatcher, the Brooklyn District Attorney's Office announced that its virtual currency unit has seized 70 domain names used to defraud the Russian community. The scams involved fake Facebook ads containing deep fakes of Tesla CEO Elon Musk. More than 20 Brooklyn residents and other victims across the country lost a total of $5 million.

Why did the cryptocurrency market plummet yesterday? It’s a good time to buy the bottom of the market!

The CFTC data released today, the latest weekly COT update, shows that the record-breaking BTC hedge fund net short position has increased significantly!
In the eyes of hedge funds, retail investors and CME big investors are just big leeks. It’s no wonder that ETFs have huge net inflows of funds, but they can’t rise, and it’s also a good data cover!
This is the reason for the sneak attack and plunge last night! Don’t touch the leverage, remind everyone again!

In which year did you first come into contact with digital currency?

Why do altcoins only explode in the middle and late stages of a bull market?

Funding issues: altcoin project owners lack funds throughout the entire bear market to the early stages of a bull market. They need to pay salaries and expenses every month, and can only cope with it by selling coins every month.
Fund flow: In the middle and late stages of a bull market, when big whales have made enough money on Bitcoin, some hot money will flow into the altcoin market, creating a bubble altcoin season, which is both a carnival and a wave of harvest

Shipping strategy: Directly smashing the market will result in very small shipments. Only when the market is frantically pulled during the altcoin season is the best time for each project owner to ship.

According to Coinglass data, the entire network has been liquidated for $106 million in the past 24 hours, of which long orders have been liquidated for $86.59 million and short orders have been liquidated for $19.47 million. Bitcoin liquidated for $24.48 million and Ethereum liquidated for $22.91 million.

What are altcoins and competitive coins? Are they worth investing in?

The Bitcoin source code is public. By making some modifications to the Bitcoin source code, you can create a digital currency similar to Bitcoin. This is an altcoin. If innovative technical improvements are made, it can be called a secondary token or competitive coin. People usually habitually call them altcoins. Most altcoins and competitive coins gradually die out due to the author's weak technical strength, no advantages, long-term lack of maintenance, lack of promotion, lack of team formation, etc., and have no investment value. Only those excellent coins developed by teams with strong technical strength and innovation ability have investment value. If you invest in excellent coins correctly, the returns will be very generous. There are still many wealth opportunities in this industry

Be prepared, the market will be very exciting in the next few months!

1. The current round of Bitcoin callback has officially ended, the monthly line has reached the rising support line and stabilized, and the second round of upward attack has begun, with the target being a historical high.

2. In the second half of Ethereum, under multiple favorable expectations (ETF, ecological gradual prosperity, the start of positive deflation, more and more pledge tools and data, etc.), it will only be strong and not weak, just keep waiting

3. AI, games, social networking, MEME, public chains, pledges, and wallets are still the main hype lines of this round of bull market narratives, and the rotation rhythm is still effective.

4. The general direction is upward, so there is no technical content in pushing coins now. The callback and stabilization after the surge are the best points to get on the bus.

5. Don't change positions back and forth. The experience of multiple rounds of bull market cycles tells me that those who throw away the chips bought at the bottom and chase the rise are often the least profitable or even lose money in the bull market.

BTC falls below $70,500, ETH falls below $3,800
According to the market, BTC fell below $70,500 and is now at $70,197.68, with a daily drop of 1.57%. ETH fell below $3,800 and is now at $3,798.4, with a daily drop of 1.33%. The market is volatile, so please do a good job of risk control.

Practical tips for the cryptocurrency circle

In the morning, you can add positions if the price drops sharply, and reduce positions if the price rises sharply in the morning.
Only reduce positions if the price rises sharply in the afternoon, and buy the next day if the price drops sharply in the afternoon.
Don’t sell coins if the price drops in the morning, and add positions T+0 when the price drops.
Don’t chase the price when the price rises in the afternoon, and reduce positions T+1 when the price rises.
Look at 10 points if the price rises in the morning, and look at 2 points if the price rises in the afternoon. Sell at the highest point. If the price is strong, it will be closed at 10 points. If the price is not strong, it will be closed at 2 points. Control positions and don’t take chances. Rolling operations are the best strategy.
Don’t short in a bull market, and don’t go long in a bear market.
Don’t sell at a loss in a bull market, and don’t chase the price rise in a bear market.

The decline in the US dollar index + 10-year US Treasury yield is a good signal for the crypto market.
The decline in crude oil prices is expected to bring positive news to US inflation data, which undoubtedly provides room for interest rate cuts.
But at the same time, we must pay attention to the crisis in the US banking industry. Due to the intensification of commercial real estate credit defaults, the US banking crisis is coming!

A relative who has a good relationship with me called and said: She wants to register a company with five people, but she is still short of one person. She hopes to use my ID card to fill the number. I think there is no risk, so I took two photos of my ID card and sent them to her. Last night, she suddenly pulled me into a group and asked me to do face recognition, and then asked me to do Alipay and WeChat authentication. After seeing that I was hesitant, she showed me the authentication information of the other three people besides herself. I roughly checked and knew that after the authentication, without the signatures of the five of us, there would be no risk. But I still couldn't make up my mind, because my Alipay and WeChat were connected to my salary card, and there was still money in the card, but I was embarrassed to refuse, because this relative had helped me a favor in the early years. Over the years, I have also helped her several times, but it still can't compare to her kindness in helping me, so I couldn't bear to refuse, so I said I would think about it for two days! She expressed her understanding and hoped that I could help her. There was really no risk. After I hung up, I felt uneasy. After working in the workplace for so many years, this was the first time I encountered such a situation. I was really worried that there might be a little risk. I asked several friends, some said it was okay, and some said it might not be the case. I would like to ask netizens who know the matter to give me some advice. Is there any risk?

True story, a friend of mine started to get involved in the cryptocurrency world in 2019. At the end of October, he used all his savings from more than a year of work to buy the mainstream coin ETH. The price of one coin was about 700 to 800 yuan, less than 1,000 yuan. At that time, BTC was about 30,000 yuan, which was unaffordable. He thought that this investment would not see hope for three to five years. Unexpectedly, the cryptocurrency world began to rise sharply in 2020. During the Chinese New Year, I saw a lot of news reporting on the cryptocurrency world. I opened it and was very excited.

sefsdf