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!

In the trading industry, finding like-minded friends is extremely difficult, mainly because of differing financial situations, varying tolerance for drawdowns, and different accepted trading philosophies.

There is a saying: there are two things in this world that are the hardest, one is taking money from someone else's pocket, which is difficult. The second is conveying your own ideas to others, which is also difficult.

Everyone, especially after spending some time in the market, tends to believe that their strategy or idea is the best, and often finds it hard to accept others' ideas, resulting in very few friends to exchange thoughts with, and mostly talking to oneself.

In the trading market, an individual's ideas and experiences are very limited. If there is a small team to exchange ideas and experiences together, strategies can mature more quickly; as the saying goes: three cobblers with their wits combined can outsmart Zhuge Liang.

For trend strategies, although there is the turtle trading rule as a guide, there are also many details that need to be refined in actual trading, such as perfecting entry and exit points, choosing the right instruments, allocating funds for each instrument, regularly adjusting the instrument allocation, and so on.

Therefore, if you can have a few like-minded friends to exchange ideas with, progress will be a shortcut to rapid growth, and you must cherish it.

One understanding: the market is unpredictable, but opportunities are endless. The first priority is to survive, while not trying to predict the market. Trading is a probability game, and success or failure should not be judged by a single trade. (Memorize this, it's really important) ​

Professional qualities inherently include a reduction in market expectations. You cannot believe the stories told by those who sell books. If the stories aren't embellished and made more appealing, how would they sell? If the public opinion in this market constantly promotes the idea that making money is extremely difficult and that you have no chance of surviving in the market, how many people do you think will come to gamble on a contract? It is precisely because the stories in contracts highlight a few isolated cases of wealth and success that stir your inner ambitions, and the reason you recklessly jump into the contract is due to those elusive possibilities.

The distinction between professionals and amateurs is extremely significant; professionals cannot place excessively high expectations on things. The notion of rapidly compounding interest leading to financial freedom and a leap in life value is something that always fills the minds of amateur gamblers. That belief sustains them even as they are ruthlessly trampled in the market.

Professionals are pragmatic and have low expectations. A job is just a job; wealth and prosperity are not meant for us! Without that illusion, there wouldn't be so many worries!

There are only two types of people in this world: the lonely and the mundane, with no middle ground. Among every 100 people, 5-10 are lonely, and 1-2 are extremely lonely.
In the end, there is almost no element of luck in investment. Luck only comes when you have no money. Doubling down on your first significant investment is the most joyful moment; after that, you become numb, and it's not that easy to lose money.

What is the root cause of contract liquidation?

As a veteran in the cryptocurrency space for 10 years, I have gained three profound insights through investing my hard-earned money: chasing highs and selling lows, frequently switching coins, and over-trading. These three stubborn ailments are the main culprits that devour investors' profits. If one can completely rid themselves of these bad habits, achieving steady profits in the market is not difficult.

The most painful lesson I remember occurred when I first entered the crypto space. I was attracted by a strong rising altcoin (FIL) and impulsively bought in at a high price. Little did I know that I was entering at the peak, and the coin subsequently entered a continuous downtrend. Due to my lack of experience, I panic-sold during the ongoing decline, resulting in significant losses. This unforgettable experience has forever taught me that "impulse is the devil"—a hard rule in the crypto world.

What do you brothers think is the root cause of losses? Give a thumbs up and leave a comment, let's discuss in the comments section!

There is a high probability of a spike tonight, and then the altcoin season will officially arrive. The sector rotation is already stirring. Now is a good time to set up a long position on Sol, with a buy order at 165 to get in strongly, and add to positions at 160. The upward trend is very obvious, and it may prioritize breaking the previous high to drive the altcoin bull market!

Position allocation is indeed a very, very important dimension. It may not be obvious at first glance, but over a long period, especially during extreme market conditions, it can lead to significant differences in returns.

However, is there a standard answer for position allocation? With 100,000 in capital and 10,000,000 in capital, the position allocation will definitely be different. Long-term investing and short-term trading are, of course, also different.

Some people manage their positions against the trend, increasing their holdings in a bear market and selling to those chasing gains in a bull market. Others may completely hold cash in a bear market and only go long when in a bull market. Who is right and who is wrong?

Self-discipline is the touchstone of trading.
I have a very regular daily routine. I get up at 7:30 AM sharp, wash up, eat breakfast, browse information and reply to messages, check my positions, and set orders. Then I leave the computer, feed the cat, clean the litter box, and take the dog for a walk. In the afternoon, I also take a 2-hour nap to make up for sleep. Watching the market is just an occasional interest; reckless trading has not existed for me since I started 8 years ago because after I place my last order at midnight, I turn off my phone and go to sleep, and it’s fine as long as the opening and stop-loss orders are executed when triggered.
I don’t need to make decisions all the time.
On weekends, I drive alone to the suburbs to enjoy the peace of being by myself, have a nice meal, and spend the weekend with family and friends.
I play ball, ride, and work out for at least 10 hours a week.

Reasonable self-discipline is a responsibility towards one’s mind and body, just like trading, where the ultimate goal is to accept all situations that occur under control.
Without self-discipline, there is no positive feedback.

I have a bit of a poor flow, and I haven't been impressed by anyone in terms of technology. I was already 70% invested last month. Although I hit stop losses three times in between, overall, I still have a profit of about 20%. After the losses, I directly allocated to Ethereum. After each loss, I insisted on going long on Ethereum. My strategy is either to hit the stop loss or to let me soar to the sky!

The correct posture for trading is to lie flat
The secret to making big money is to wait for the cycle

The principle of zero internal consumption is not to enter the market; whoever you sympathize with bears their fate, and whoever you help intervenes in their karma. Only by removing the narrowness of the self can one achieve the quantumization of the soul and eternal life.

This is a dynamic world: you need to learn lifelong to keep up with the times; this is an investment that guarantees profit without loss. Moreover, you need to systematize your life path and income model to achieve compound returns. Do not waste your life inefficiently and hopelessly with scattered efforts.

Value investing, the most difficult part is not the difficulty of selecting coins, but the difficulty of holding coins.

For the vast majority of people, it is hard to resist the temptation of short-term trading and frequent transactions.

True value investors are always the very few individuals with strong determination and patience.

Not many people understand this bullish trend in the square; I joined many so-called big influencers' groups, and most of them were shorting, so I knew it couldn't go down anymore. Ethereum is building up for a big wave; if you still can't understand, you will miss the last chance to turn things around in the crypto world;

The process of retail investors losing money in the crypto world:
1. Generally, they buy a cryptocurrency with a small amount, then occasionally take out their phones to check; seeing it go up, they are filled with joy;
2. Not long after, they start regretting buying too little; in hesitation, the holding price keeps rising; they calculate what they bought a few days ago, feeling uneasy but dare not increase their position;
3. Finally, after waiting for a long time, when the price pulls back from a high point, they seize the opportunity to go all in, believing this cryptocurrency will help them realize their dreams, but things go contrary to expectations—adding to their position, then it drops! They scramble for money to average down, then it breaks below the cost line, feeling reluctant!
4. They stubbornly hold on all the way down, but finally can't take it anymore and have to cut losses. They feel heartbroken, almost wishing they could die!
5. What’s frustrating is that often just two days after cutting losses, it starts to rebound strongly, making them pound their chest in anger. Not only do they lose money, but they also feel like a complete jinx!

No more imitation seasons? In the future, pancakes can only be made with T, focusing on low longs and high shorts?

Three insights into trading
     First insight: Jump out of the 'winning rate trap'
     Many beginners get obsessed with the pursuit of 'buy and it rises', but after truly entering the field, they will find that even with a 50% win rate, as long as the profit-loss ratio is maintained at 3:1 (for example, losing once 100, winning once 300), they can still profit in the long run. It's like tossing a coin, winning 3 bucks on heads and losing 1 buck on tails, even with a 50% win rate, you can still make money—the key is not to gamble on low-probability events just for the 'winning chance'.
    Second insight: Treat losses as 'trading tickets'
Stop-loss is not 'giving up', but buying 'insurance' for the system. For instance, when doing trend trading, using 2% of the capital as a stop-loss line, even if there are five consecutive stop-losses, the capital only loses 10%, but as long as one trend is captured, the profit can cover 10 losses. It's like wearing a seatbelt while driving; not wearing it may seem 'convenient', but an accident can be fatal.
    Third insight: Say goodbye to 'gambling mentality'
Heavy betting is like putting all your wealth on a lottery ticket; occasional wins can mislead people into thinking it’s 'skill', but a single mistake can lead to total loss. True experts operate like a factory assembly line, using fixed positions and fixed strategies repeatedly, such as trading with only 5% of the funds each time. Even with a 60% win rate, they can build a large snowball through compound interest. It’s like farming; it’s not about a single season's explosive harvest, but about the routine of spring plowing and autumn harvesting every year.
     Final closure: Effort is 'physical work', insight is 'mental work'. Effort is reviewing thousands of K-lines, backtesting hundreds of strategies, turning others' 'insights' into your own muscle memory; insight is seeing the human nature of the game through the ups and downs, such as understanding the counterintuitive logic of 'building positions when others panic and cut losses'.
It's like a chef cooking; following a recipe is effort, but being able to adjust the seasoning based on the heat is insight—trading is never about 'sudden inspiration', but about the understanding that blooms from the sweat poured into it.

You must memorize your own trading system!

Execute according to your own trading system, and even if you make mistakes, I won't regret it because I haven't violated any rules; I followed the trading system. In this case, you need to refine, correct, and optimize your trading system. Once the trading system has been optimized and solidified, the probability of making mistakes will decrease.

You can emulate my trading system to create your own unique trading system. We have different personality traits and financial situations, so our trading systems will differ; this is completely normal, as different people require different trading systems. Once your trading system is formed, be sure to print it out or write it in a notebook, and whenever you have time, read it aloud, memorize it, and write it from memory. The purpose of this is to reinforce your memory, allowing the trading system to become second nature and enter your soul.

The vast majority of cards, even when laid out, cannot be won by you. They are all interconnected, each link tied to another, and the outcome is already predetermined. The role of human effort is only a small part of it.

In this part of the game where victory can be contested, different people have different mindsets. Some seek victory, while others aim for survival. Regardless of which, the final result remains uncertain.

True masters step outside! While others are scheming over a single hand, they are thinking about the whole game. Only in this way can they ensure a guaranteed victory in the end!

The part of people in the market who are always experiencing losses and gains, ups and downs, actually lack a macro perspective and cannot see the bigger picture; of course, such people are in the minority. Even if some people possess this type of thinking, they must undergo tests of human nature and withstand these trials to ultimately succeed!

Knowing that a flower has bloomed, it will take some time before the fruit can be eaten. Moreover, if you plant a pear tree, don't expect to eat peaches. This is very basic common sense! The problem is that the most common mistakes we make are these obvious common sense errors!

The reasons wealthy people go bankrupt are mostly due to holding too many social resources, which cannot be liquidated during an economic downturn, leading to a lack of liquidity, ultimately making it futile to sell at a loss. On the other hand, the reasons poor people go into debt are largely because they have not found a way to acquire wealth; their income cannot meet their expenses, resulting in an ever-increasing deficit.

Wealthy individuals have many ways to avoid bankruptcy risks. The core principle is to stick to their main business and avoid blind investments, especially during times of economic excess; they must keep risk awareness at the forefront. However, most people are blinded by success, believing that everything is under their control. It’s inevitable; pride is human nature, and very few can remain humble and cautious at the peak of success.

For the poor, it is essential to strive to get their businesses on track. In reality, the overall economic environment does not have a fatal impact on the poor's endeavors, because a small boat can easily change direction; flexibility and adaptability are your greatest advantages. There is an old saying: big businesses fear losses, while small businesses fear consumption. This actually conveys the same idea. When you think deeper, it’s indeed the case.

Trade without stubbornly sticking to one model; it's hard to make money.
​Trading should be stable and profitable; don't try to do every model, focus on one trading model.
​No need for obscure theories or advanced techniques.
​Don't challenge yourself with high difficulty; just do simple trading.
​Truly research and understand one trading model, and only trade within that model.
​Then continuously practice, perfecting simple techniques, and profit will be within reach.

Three Insights After Contract Liquidation Trading
​First:
Realize that trading is a game of probabilities; one cannot solely pursue a high win rate; the risk-reward ratio is more important.
​Second:
Understand that losses are the cost of trading; when it's time to cut losses, one must strictly adhere to stop-losses.
​Third:
Understand that profits do not rely on heavy bets in a single trade, but rather on consistent and continuous performance.
​Success in trading cannot be achieved casually; it requires efforts that far exceed the average person, combined with one's own insight.
​Just effort without insight is not enough.
​Just insight without the willingness to work hard is also not enough.