Correct way to buy coins: Buy on dips, buy sideways, buy on shrink, do not buy large bullish candles Buy on dips, do not break the selected trend channel's dip (first choice is the core one) Buy sideways, buy after the selected period when the moving averages are converging Buy on shrink, buy after small bullish candles when the distance to the platform point has a risk-reward ratio and shows reduced volume Do not buy large bullish candles, do not buy a single candle with dozens of percentage increases or distance to platform support with dozens of percentage increases Buying coins, timing, pricing, the key is patience, this is for you, take it if you understand, and please give a thumbs up if you can easily do so #BTC
Some influencers are too annoying, but the key is that they keep pushing them to me, so I have to force them to block them. Sorry, brother, I really don’t want to read your short-selling analysis in the bull market. Let’s release you when the market is bearish.
From the current contract holding structure of BTC, this wave of CME is clearly out of sync with the increments of BN and OKX; recently, this mysterious figure has been buying a lot, not from the US side; This wave of 95-97 is purely aimed at the contract market, and the responsibility no longer lies with the US side; so how to respond, the captain will upload a YOUTUBE video shortly for you to check; #BTC
In conventional thinking, retail investors see BTC at 97,000 and should FOMO in. The reality is that the current funding rate for BTC is negative, have you missed out? PS; A rise without volume is a real rise, you can take profits, but how do you think about shorting? Do you think 100,000 will be BTC's double top? #BTC
The ALPACA situation is very likely to cause some people to go to zero. Your short-selling logic is that it will be delisted; you think it's a revival, and when you short-sell, you get trapped. You will definitely choose to hold on, and even add to your position because you think it's an opportunity. But ALPACA has surged 100 times. Can you withstand that? Even if you have $100,000, if you play with $10,000, at that multiple, you insist that it will go down because it's going to be delisted, right? You think it's a revival, and when you're trapped, you will definitely add to your position and hold on. In the end, my brother couldn't hold on. Initially planning to make some pocket money, he ended up losing money equivalent to a foot massage; I've personally seen someone around me play contracts with $500,000 and end up with a liquidation of $15 million. This is the way it is, how tragic; #alpaca
The current cryptocurrency market has a contradiction between a technical pattern and liquidity, while KOL-promoted altcoins are forcibly providing liquidity. BTC is the least affected by this contradiction, so at this stage, it is not suitable to play with altcoins. Holding BTC and traveling from March to May is the best strategy. Wishing fans a smooth 51st holiday; #BTC
The least agreeable statement is that the reason you haven't made money is due to your lack of understanding. I dare say that the vast majority of people who make money do so first and then gradually catch up with their understanding; What is understanding? It's something new, something that most people haven't participated in. It's not important. Being able to use little money to leap across life stages relies on luck, luck, that is the key; Which teacher would genuinely tell you that his so-called understanding has caused him to lose countless times, and then once he succeeded, he would start teaching you? 😂😂😂
If BTC is bullish, the adjustment patterns for the continuation are roughly the two types shown in red and yellow in the image below. There is still a possibility of a weekly rebound to 90,000 USD (before the end of the month); If we truly enter a bear market, with BTC currently at 80,800 USD, there is a risk/reward ratio for spot buying. If the weekly chart effectively breaks below 80,000 USD and heads towards 75,000, it will indeed take longer to confirm a recovery for the bull market. However, a technical rebound to 80,000-85,000 can also help recover losses. Therefore, in the short term, I do not expect the market to revisit previous lows. Hold steady with your spot positions and we'll reassess around 90,000 USD. #BTC
The March market will continuously torment short-term traders with both bulls and bears, and it is still expected that BTC will touch 9 again before the end of the month.
Recently, there hasn't been much market activity, which gives us more time for reflection. What exactly do we rely on to make money? Is it skill, luck, or fate? If I were given another 7 years, would I still be able to earn XXX times? My answer is definitely no. I too was lost for a period of time, thinking my skills were impressive, especially during that period of 2018-2019. During that time, asset multiples indeed grew the fastest, and it was also the most arrogant moment. Gradually, as the scale increased, the multiples were certainly not as high as before. This bull market has taught us a lot; our profits are truly not about skill. The market environment and trends are the key factors. Skill can only be said to be about summarizing and responding to market conditions; if you can't catch the trends, then it's all in vain. Therefore, we need to be a bit more humble going forward. There are really no geniuses in this market. Even if you are one, you should tone it down a bit; I do not have a nationally recognized skill certification for cryptocurrency trading, but I do have a welding certificate. Do you understand?
Although many altcoins have dropped by more than 95%, it seems reasonable for them to drop another 85%. Exhausted liquidity and narratives, especially with meme coins, have led liquidity market makers to flee, and what follows is a reduction in volume and a continued downward trend, which has become the norm; Previously, an old friend shared a logic for buying altcoins when opening SPACE, which is to conduct market cap assessments, believing that altcoins listed on major exchanges are just shells that should be worth a certain amount, with a market cap of 500-1 billion USD, and they are new meme coins. Now, looking at the decline, it would need to rise 10 times to break even; It is difficult for normal people to realize a -50% loss and cut their losses. Those with continuity would choose to increase their positions, eventually going ALL in, leading to an overall loss of over 70%. At that point, it doesn't feel necessary to stop loss, which is the biggest misconception in the capital game;
I took a look at the altcoin market, it's dismal. You can avoid cutting losses, but don't even think about increasing your position; 1. Buy at the ideal price, already trapped 2. Buy confirmed patterns, waiting for the dip 3. Buy trending breakouts, add to the trend Although there are many stubborn DOGE holders, remember this: if you want to invest in an altcoin with a market cap of several billion, you must respect the captain's 5-step method for confirming the dip; I can't help but slowly fill my BTC position first, then look at altcoins. #BTC #DOGE
In the past week, I changed my usual mindset of hoarding coins and used three layers of positions to trade BTC in the range of 94000-85000, converting the profits in BTC to doge; In 2016, I was attracted to the crypto world by BTC's cross-border payment functionality. I hope that doge can fulfill the uncompleted mission of BTC; Here, I don't consider it a call for doge, but rather an investment mindset focused on DOGE. The various application bubbles of WEB3 are just that, bubbles. If the crypto market can still land applications, I only hope that under Elon Musk's promotion, doge can take on the mission of cross-border payments. Any overly macro expectations are just fantasies, and should only be sampled lightly;
Where are the opportunities for becoming rich in the future, and how should we respond? I’m not sure either, because the cryptocurrency market is inherently a breeding ground for capital games. I believe in that saying, 'capital never sleeps.' We endure, follow, and protect our principal. Whether in the next three years, five years, or ten years, something new similar to BTC will emerge. In the early stages, we cannot understand it. By the time we do, the price will no longer be cheap. If there is a next era, will you and I still be on the bus? Stay tuned and embrace new things.