有求必应

Bitcoin is actually prepared to harvest China. Bitcoin is used to launder money and transfer funds. For example, if you exchange assets for Bitcoin in China, and then sell them abroad for US dollars, you will successfully evade the supervision of banks and complete the flight and transfer of funds.

The existence of this virtual currency really poses a huge threat to the financial order of our country. Those lawless elements, taking advantage of the anonymity and untraceability of Bitcoin, wantonly carry out illegal operations and leave the interests of the country and the people behind.

Moreover, the price of Bitcoin fluctuates greatly and has no actual value support. Many people blindly follow the trend of investment and end up losing all their money. This not only causes huge economic losses to individuals, but also has a negative impact on social stability.

Our country has been strengthening financial supervision and cracking down on various illegal financial activities. For Bitcoin, which obviously has risks and hidden dangers, we must remain highly vigilant. We cannot let it become a tool for some people to seek personal gain and damage national interests.

At the same time, ordinary people should also keep their eyes open and not be tempted by the so-called high returns. Investment should still go through formal channels and choose projects that are guaranteed, legal and compliant.

Everyone should understand that maintaining the country's financial security is everyone's responsibility. We cannot let these bad financial means succeed, and we must work together to protect our economic environment.

Resolutely resist illegal financial tools such as Bitcoin!

The scariest scenario in a bull market: You are like a fierce wolf, but in front of you are thousands of sheep, all plump and shiny. You want to have them all, but you chase this one for a moment, then that one for another moment, and in the end, you end up with none and exhaust yourself in the process. Conversely, if this fierce wolf focuses on just this one sheep, persistently tracking and following it, there is a high probability that it will be able to catch it.

Focus on 'increased market volume' rather than 'existing market volume'. Many people in the economic downturn want to hold onto their small piece of land, but the question is whether you can really hold onto it. Finding and discovering growth industries is what needs to be done now and in the future.

The Issue of Large Stop Loss and Small Stop Loss

The advantage of a large stop loss is a high margin of error. The downside is a large loss in a single instance.

The disadvantage of a small stop loss is a high trigger frequency and a low win rate. The advantage is a small loss per instance, which is psychologically easier to accept.

Some friends say they want a small stop loss and a large profit. Well, in this world, there are indeed miracles. Those who buy a two-dollar lottery ticket hoping to win a five-million-dollar prize are thinking about small investments yielding large returns.

Taking an example with a total stop loss amount of 1 million: (assuming the margin for both positions is the same)

1. Set a single stop loss at 1 million. Then your win rate will be incredibly high. For example, 9 wins and 1 loss.

2. Set a stop loss of 100,000 each time. Then your win rate is generally 6 wins and 4 losses.

Similarly, if you trade ten times with a stop loss amount of 1 million each time, which is better?

The conclusion is: you must choose your preferred stop loss amount based on your personality, strategy, and countless experiments. I have proven through years of practice that a small stop loss suits me, but it may not suit you.

Investment is just a part of life, and a very small part at that. Long-term stable compounding is the investment state that is needed. Living or investing in uncertainty all day will make you anxious and amplify greed and fear.

There are three stages of a bull market. The first stage is when most people do not know about the bull market! The second stage is when those who look at candlestick charts every day know the bull market has come. The third stage is a consensus in society! This round of bull market is not yet at noon until it reaches the third stage!

Livermore Buying Method
Accuracy up to 98%
First, buy 20% as a base position
Second, if the price drops by 10% due to a wrong buy, stop loss
The loss amount is 2% of the total position
Third, if the buy is correct, for every 10% increase
Immediately increase the position by 20%, and for the last time increase by 40%
Fourth, as long as the highest price does not drop by 10%, continue to hold
Once it drops by 10%, immediately liquidate.

Bull markets are for selling
​​​​​​​A friend asked me: "Why, when a bull market comes, do I instead hold a lighter position?"
​​​​​​​Yes, bull markets are for selling, which is why my position becomes lighter; a heavy position should be in a bear market.
​​​​​​​Risk comes from rising prices, so the more the stock price rises, the less principal we should keep in the market.
​​​​​​​​Never forget, what we want is profit, while the market makers want our principal! Trading stocks is about going to the 'piano player' to take money.

After investing for so many years, experiencing various bull markets and bear markets, and having connections with various capital big shots, I just want to tell everyone one thing: No matter how much money you make during a certain period, do not be arrogant. Remember, this is just the beginning of your investment career, because in the future you will face a period of continuous losses. Conversely, no matter how much you are losing now, there is no need to be discouraged. Maintain your passion for trading, and one day in the future you will definitely encounter an opportunity that belongs to you and make a fortune!

Outline the path to becoming a trading expert

1. This step is essential and beyond doubt. At the beginning, there will definitely be losses. You must only use a small amount of money—3,000, 5,000, 10,000, or 20,000 at most—and then trade recklessly. This portion of money will definitely be lost. What is the purpose during this period? To find a method that can be controlled, to buy and sell by yourself, to relax your mind, and to mark the end of the first stage.

2. Find a pattern that suits you. Whether it's buying low or chasing highs, any method is fine. Determine which method fits your personality and makes you comfortable; this is the exploration of methods.

3. Strictly adhere to your own trading; do not buy anything outside your method. This instills discipline in yourself.

4. There will always be gains and losses. Categorize the rules you have experienced into two types: one that makes money and one that loses money. Then analyze the characteristics of the profitable rules and the features of the losing rules. In the future, only buy based on the characteristics of the profitable rules; if there aren't any, patiently wait.

5. Stay relaxed; trading patterns and patiently waiting are all steps that have been successfully navigated. Normally, you can earn more and lose less.

6. Learn some Zen and Buddhist knowledge. This is the study of exploring the natural laws of everything. As your understanding of Zen and Buddhism improves, your trading and mindset will become more stable.

The pain of a bull market is that the coins you sold at the peak continue to hit new highs, making it impossible to buy them back. The newly bought coins perform far worse than the ones you sold. You endure the pain and buy into the hot sectors that haven't surged yet, while the mediocre coins show mediocre trends. At the tail end of the bull market, you can no longer bear it and switch back to your old favorites...

Social security is one of the few opportunities for ordinary people to keep up with inflation, and it is much more reliable than savings.
Clearly, savings cannot keep up with inflation. The risks of investment are even greater, as the principal can be completely lost and even lead to debt.
In the future, regardless of how prices change, pensions will definitely rise.
Additionally, no matter how society develops, there will always be pensions as long as the Chinese people exist.
Blind faith is problematic, and doubting everything is also problematic; both are extreme and undesirable.

Some opportunities, once missed, cannot be regained.

If you are determined, patiently wait for the next opportunity.

Take long-term investments as an example. When I was down 30%, I reminded others to buy the dip. Although it was an extremely pessimistic time, there were indeed people who acted.

This is why some die-hard fans currently hold cryptocurrencies with returns exceeding 50%.

Many financial investment-related matters often go against human nature, which I habitually call 'challenging one's self-awareness.'

If you can overcome subjective fear, there will be rewards after the storm passes.

If you can't, it will continue to torment you for a very long time.

Under normal circumstances, trading in the market involves operations such as monitoring, placing orders, canceling orders, and doing T.

But I don't want everyone to go through so much trouble and waste time,

so I created this table.

If you can completely synchronize the process, it shows that you understand everything from start to finish, and you can also understand the combinations I configured and the off-market plans.

This makes me feel that implementing these strategies is meaningful. ​$BTC

Anxiety Emotion Source Structure Diagram
• Left: Market Fluctuations → Uncertainty;
• Right: No System → Self-Confusion;
• Middle Intersection: Powerlessness → Emotions Drive Trading.
The Vicious Cycle of Emotion-Driven Trading
• Emotions Dominate → Position Mismatch → Increased Losses → Deeper Anxiety → Mistakes Again.
How to Establish a Sense of 'Control' Four-Step Diagram
• Contingency Plan → Standards → Execution → Review.

First Principles
The first principle of wealth is accumulation,
The first principle of opportunity is insight,
The first principle of doing things is focus,
The first principle of success is trial and error,
The first principle of competition is differentiation,
The first principle of profit is cost control,
The first principle of management is to stimulate potential.

What is most important in this circle of killing?
I think there are two points:
First point: Heavy positions. If you have 500,000 in capital, you need to multiply it by 19 times to reach 10 million; while others can easily exceed 10 million with just a 100% return. Therefore, in a bull market, as long as you don't act recklessly, even if the assets are mediocre, they will rotate, leading to how much you earn is not based on the strategy itself, but rather on the weight of your positions;
Second point: Ability to exit. Once you reach a certain position, with massive volumes against high prices, all mainstream sectors will have rotated, and you'll suddenly realize that your underperforming assets have also started to move, accelerating unexpectedly; don't be surprised, it's just their time to shine. After making a profit, take partial profits and exit; there’s no principle of eating all assets. Waiting four years for the dust to settle, and then realizing profits.
The worst thing you can do is to think that 10 million is not enough and aim to earn 100 million; during that wave in 2021, almost everyone ended up losing everything.

When economic recession strikes, almost all big shots will hide their difficulties in their hearts, often using a shiny surface to cover up their real predicaments. When they can no longer hold on, bosses with a bottom line will pay off debts and distribute salaries before downsizing their companies or choosing to close down; bosses without a bottom line will abandon a large amount of debt and unpaid wages, either running away or opting for a clean break.

Seeing a slight 'pattern', immediately drawing a line between two points to define a trend? If the slope aligns, claiming that resistance is established? Connecting several low points and self-proclaiming as golden support? Then the market would be too easy. — Technical analysis has become a line-drawing game, with logic relying entirely on imagination. The real market situation has never been drawn out by lines; it is resonated by cycles, policies, trends, structures, positions, and logic.

When it rises, I feel like I bought too little; when it falls, I feel like I bought too much. I am always caught up in the small fluctuations in the short term. Afraid of losing money, I only dare to earn a small profit and then run away, resulting in that tiny profit each year not being enough to cover the huge hole from making a wrong move. What really causes people to lose money is not the downturns, but the inability to hold on.