Looking back, the light boat has passed through countless mountains, and looking again at the strangers from back then is full of sighs.
Brother Yong is here to vent a little; brothers, just listen.
Many people might just be entering this circle, knowing nothing and just hearing others say they can make money and achieve financial freedom, so they charged in with enthusiasm. In the end, how many are successful?
Out of 100 people, it's good if one survives in this circle. Some people choose to give up and exit after facing setbacks, while those who survive are called 'old leeks.'
So many brothers must be asking, what about the posts you see every day claiming to make so much money with fans? Too fake, right?
All I can say is that you only see the surface phenomenon. After fans open positions, I am always monitoring the market. Just like the last few times when I opened multiple Ethereum positions and didn't sleep for one or two nights, chatting and joking with fans on the phone, I was also worried that the fans couldn't hold on. Because I have to take responsibility; if fans trust me and find me, I can't let them down. Of course, I wouldn't say this if I didn't have real skills and confidence. 😀
Generally, I rarely disappoint my fans. Those who don't believe me can verify it step by step by checking my previous posts.
Finally, I drank a bit of 8+1 with friends today and talked a little too much, so let's leave it at that! Wishing my brothers smooth sailing in this circle and the ability to achieve your wealth journey! Keep it up, brothers! 🎂
A brother with quite a bit of perseverance asked me at the end of last month if he could go long on $WCT . My advice to him was to short it, and I explained the reasons. This brother held on, and the result was obvious. The good thing is that I’m very happy to see my brother making a profit, but the bad thing is that I am about to lose a circle friend. 😭
For most people, it’s easy to enter but hard to exit. If there aren’t suitable people to follow, it can be quite dangerous. This brother has also thought this through quite well, and here I also wish him well.
Still, I thank my brothers for their absolute trust. This way, there won't be losses due to not holding steady. I hope all brothers can continue to profit, never face liquidation, and walk the path to wealth.
The latest employment data for July released by the United States is astonishing. The number of new job opportunities is only 73,000, far below the market expectation of 147,000. Worse still, the data for May and June has also been significantly revised down, totaling a shortfall of 258,000 jobs. This pile of numbers clearly tells everyone that the economy may be facing problems.
This has pushed Federal Reserve Chairman Powell into a corner. Even if it might cause some distress to the stock market, he must find a way to stabilize the bond market, as the government is also keeping an eye on it. Everyone believes that there will definitely be an interest rate cut in September, and many investors have already started to position themselves in advance.
However, I must remind you that waiting for the interest rate cut to be officially confirmed before jumping in may be too late. Once the policy is announced, the market has already risen, and those who had positioned themselves early have already made a significant profit.
$SOL Last night's big drop trapped over 200,000 people, and many large accounts were liquidated. Several major institutions are urging the SEC to include staking functionality when approving the SOL ETF this quarter! If that happens, the trend will definitely be as strong as Ethereum's initial surge! But now the approval is still delayed. The last support level for SOL is 160, and if it can't hold this position, we really have to consider reducing our positions.
$SOL This morning at around 6 o'clock, it plummeted to 159
This is mainly related to two things: first, last night the U.S. stock market technology stocks collectively crashed, with the Nasdaq down 2.24%, and the panic in the market directly caused the cryptocurrency sector to collapse, with digital currencies overall dropping 7.35%; second, the tariff policy implemented by the Trump administration on August 1 triggered capital flight to safe havens, with institutions frantically selling liquid assets like SOL to fill the holes in the U.S. stock market, leading to increased selling pressure. In simple terms, global markets are all falling, and SOL has been dragged down as well.
However, this has also given some brothers an opportunity to buy the dip.
$ETH has continued to decline recently, mainly influenced by three factors: First, the intensification of global economic fluctuations has led investors to turn to safe-haven assets like gold, putting overall pressure on the cryptocurrency market; second, increased regulatory pressure, with the US SEC's scrutiny of Ethereum's staking mechanism prompting institutional withdrawals, and continuous net outflows of funds from spot ETFs; third, changes in the technical ecosystem, as competitors like Solana are capturing market share through high TPS and low fees, while Ethereum's Layer 2 expansion has sharply reduced mainnet revenue, weakening ETH's value support. This morning, it dropped to around $3400, possibly due to the market's sensitivity to regulatory news combined with a concentrated release of short-term selling pressure.
Thinking of bottom fishing is actually not the case; the manipulators have their own methods.
Why do most investors always lose money? Don't step into these traps again!
The financial market may seem lively, but it's actually quite deep. Many people start by making a little money, but later lose more and more, only to realize how intricate it is inside. Today, let's discuss some real issues, examining the reasons we keep losing money and how to avoid these pitfalls. Never set a stop-loss Many people invest without setting stop-loss points, stubbornly holding onto stocks when they fall, and managing their positions whimsically, sometimes even going all-in with their entire capital. This kind of play can lead to losing all the hard-earned money in one unexpected event. The solution is actually quite simple: before placing an order, think clearly about the maximum amount you can lose, set a stop-loss line, and reasonably allocate your investment ratio based on your available funds. Don't put all your eggs in one basket.
Recently, the Ethereum market has dropped quite sharply, making many investors anxious. Some pessimistic individuals even say that it might drop to $2800. However, I think that such up-and-down market fluctuations might actually be a good time to pick up bargains. Looking back, during every major bull market, Bitcoin has to go through several ups and downs—drops of 15% to 40% are common. It looks quite scary, but actually, this is a good opportunity to get back in; don’t panic and rush to sell.
This cyclical rise and fall not only stirs people's emotions but also tests investors' strategic skills. Those who remain calm during significant drops and hold on tightly often earn more when the market rebounds later. It can be said that the current market might just be a warm-up before the bull market. Once the Bitcoin halving is over, the real surge may just be beginning. Therefore, every drop now is building momentum for future highs. Those who can stay calm and position themselves wisely are likely to earn substantial profits later.
The market is both stimulating and perplexing right now, and we investors really need to think carefully about our strategies—how much risk can we bear? How long can we endure? The market won't be polite; in the end, those who truly have vision and can remain calm will be the ones left standing.
When faced with such volatility, are you scared off, or do you plan to seize the opportunity? Regardless of your choice, we must stay calm, manage the risks, and then develop a long-term plan based on our own situation. In this roller coaster ride of cryptocurrency, only those who can remain steady and look far ahead can keep playing.
Recently, Federal Reserve Chairman Powell made it very clear at a press conference: how monetary policy will proceed in the future mainly depends on the unemployment rate. As soon as this statement was made, the financial markets erupted, and everyone was pondering what it meant.
Powell's attitude is quite clear; he regards the unemployment rate as an important basis for assessing the economy's conditions. What does this mean? If the unemployment rate remains low, the likelihood of an interest rate cut in September is not that high. This statement is actually an explanation for everyone: if the job market is still relatively strong, waiting for loosening policies (such as interest rate cuts) might take a long time. However, that said, although Powell also mentioned that consumer spending is rising slowly and GDP growth is lackluster, these indicators are not prioritized in his mind; the unemployment rate is the focal point. Because of this, various speculations are circulating in the market, and many people are still skeptical.
But not everyone within the Federal Reserve is on the same page. It is said that some officials are not very satisfied with Powell's hardline stance and have publicly stated that they want to ease up quickly. Such situations are rare in the history of the Federal Reserve, indicating that the current economic situation is indeed complex, and decision-making is not an easy task. Why can Powell be so persistent? Mainly because the current employment data looks decent. The strict immigration policies have reduced the number of people coming to work in the U.S., which somewhat helps support the employment market. But how long this apparent stability can last is uncertain.
Moving forward, regardless of how the economy changes, the policy direction of the Federal Reserve will certainly cause the global financial market to react. Investors and economic analysts need to keep an eye on key figures like the unemployment rate to accurately predict how the next policy will proceed.