How to get rich quickly in the cryptocurrency world?
How old are you to still want to get rich quickly? 99% of the people in the currency circle lose money and want to get rich quickly in the currency circle. They can only engage in fraud. But what is the point of earning money if you have a life to make it and have no life to spend it? The poor seek wealth and the rich seek disaster. All scams have the characteristics of small investment, quick money, no risk, simple operation and so on. All the characteristics are in line with the psychology of people who have little strength and want to get rich quickly, so they are very excited when they hear it. To make money in the currency circle, you don’t need to take shortcuts or take risks, just make money that you can understand. Yesterday I said that Qian Shao Geng should collect coins--Qian Shao Geng is crazy about doing contracts, right? , there are still fans who can't accept it. It's too slow to make money from Tun Coin. Here comes the problem. First of all, if you don't have enough money, it's impossible to make big money quickly in the currency circle. Having little money doesn't make you a reason to gamble. God will not pity you because you have little money, and will show mercy to you and let you succeed in gambling. It is basically an intracranial orgasm, which is meaningless and just self-pua. You can only work hard or do business to make money, and then invest in the currency circle when you have money. The biggest difference between investing in the currency circle and working/starting a business is that investment can be continued, and with accumulation, it can gradually grow bigger. You may lose your job if you work part-time, and it's easy to go bankrupt if you start a business. Although the latter makes money faster, it won't last long. Don't tell me that a century-old store can only exist in your dreams. In this case, you have to be patient and take your time when accumulating coins. On the contrary, speed is the biggest shortcoming of investment. People who want to make quick money happen to reverse the advantages and disadvantages, and naturally lose money. In fact, many people ignore the power of time. Look at how many times the price of Bitcoin has increased in history? In the short term, the profit of a few contracts can exceed the number of coins, no. You may say, you can’t hold it, there is no such coin anymore. That's right, they say investment is the realization of cognition. When you buy something with a target, it is a time to test your wisdom, cognition, endurance, research level and other comprehensive strength. Bitcoin never listens to the rhetoric, and only Bring benefits to those who understand it. Many people want to skip this process directly, get rich overnight, and look for hundreds of times the currency. Let me tell you, it is impossible. According to my observation, many investors must not be able to circumvent the prospect theory. At that time, there will be a currency-tuning party, and many people will unwind after the , sell immediately, resulting in missing out on dozens or even hundreds of times profit.Tun coins, those are the days when you really make money. Xiong things are the opportunity to accumulate financial strength and cognitive level, and the harvest is in those days. Many people think that success can be achieved by making a hundredfold profit through contracts, country dogs, and copycats. This is completely self-deception. Sooner or later, you will lose everything. Even if you buy a car or a house, you will not be able to use the money to achieve success. Because the process is missing. The significance of collecting coins does not lie in how much you can earn in the end. The patience, ability, delayed enjoyment, concentration, etc. developed in the process are the most valuable abilities, and no one can steal them and they can be cashed out at any time. As for one thought, you will be trapped in one thought. If you let go of one thought, you will be free in your heart.
The life experience of a 16-year veteran in the financial field
First of all, try to choose the three major exchanges when doing transactions. The currency circle is all about speculation. You must be quick in and out quickly. When you make money, withdraw your coins in time. If you lose money, don't rush to rush your coins. Don't get ahead of yourself. You must talk about the actual situation. If you make money, everything is right. If you don't make money, no matter how good a person is, he is just rubbish. So it’s not important at all if you’re not understood. What’s important is that you haven’t made any money yet, and when you haven’t gotten good results yet, you’re being questioned by people around you, and you’re also doubting whether this path is worth taking. The real answer is never given to you by others, but decided in your own heart. I am 38 this year. Looking back, this journey has been a dream. If I had to go through it all over again, I may not have the good results I have today. On this road, persistence, hard work and luck are indispensable. I started speculating in foreign exchange when I was in college. At that time, I thought this thing was really cool. You could make money by moving your fingers. It was a waste of your life to work as a knitting machine and hand out leaflets. I could easily earn 200 dollars a day by clicking the mouse, and it only cost 50 dollars a day to distribute flyers. At that time, I felt that I had found the door to get rich quickly, but I didn’t know that it was the door to hell. Maybe it was because I was new to trading. There is often a period of luck for beginners at the beginning, and when the luck runs out, positions continue to be liquidated. At that time, I didn’t know much about money management, and I had only a limited understanding of technical analysis. I just relied on feeling when placing orders. After making money, he eats and drinks happily, but when he loses money, he becomes arrogant and has no interest in studying. I have been involved in trading since the first semester of my freshman year, and I have successively lost 150,000 by the time I graduated from my senior year. If I lose all at once, I will give up. I am afraid that this kind of knife will be drawn slowly, and it will explode bit by bit, and lose bit by bit. , except for a little tempered mentality, nothing else has improved, and I almost delayed my graduation. Now that I think about it, it’s really not worth it. I lost money and wasted a lot of time. However, life is about experience, and I am grateful for this experience, which made me different from ordinary college students. After I graduated, I naturally went to a securities company and got exposed to stocks. At that time, I was a big bull in 2007. When the financial crisis and stock market crash came the following year, it was the first time in my life that I met my friends who were bankrupt and in debt. It was also the first time in my life that I understood myself. I first had the concept of risk in my mind, and in order to avoid taking this path in the future, I slowly formed my own separate control model, which laid the foundation for future derivatives trading.The financial market is like this. Things come and go quickly. Those who do transactions are licking their swords and fighting fiercely. To survive in this market, you must have your own trump card. I worked at a securities firm for 10 years, then resigned and went to a friend's private equity company. It was also this year that I came into contact with Shuyu Currency, and the following year I came into contact with contract trading. What attracted me to the contract at that time was that it was similar to foreign exchange and could make big gains with a small amount, and it was much friendlier than stocks. You could trade long and short back and forth, and it was a 24/7 transaction without any breaks. This was simply too attractive at the time. Just because of this damn charm, I successively lost more than 1.3 million yuan in the contract market for two years. This has already wiped out all my savings after working, and I owe a lot of credit cards. It was under this most extreme situation that I made the decision to trade full-time. It was also at this time that the conflict between me and my family reached its peak. I didn't confess to my family about my debts. I knew very well that it was no longer possible to pay off my credit card debt by working part-time. The only way was trading, and it would be a failure if it didn't work. However, my family felt that I was not practical and out of tune with my peers. The most important thing was that I had failed in their cultivation and expectations. This is what is called the greater the hope, the greater the disappointment. At that time, I was unable to refute, because I couldn't hold anything practical to refute. The only thing I could do was to do transactions that I was familiar with, polish my own trading system, and slowly transform from an old leek. At this time, luck came. With the arrival of the bull market with the sharp rise of Ethereum Q in 20 years, I also began to gradually make stable profits. At that time, I reviewed the market every day, only did intraday swings, and never stayed overnight to control risks. Although I earn less, but it also reduces fluctuations, and my psychology gradually matures. It was also this year that I made back all my previous losses and had savings. Until now, the trading is still there and there are profits, but my mood has changed and I have become bearish on many things, because I have experienced both bulls and bears, and I have seen all kinds of unexpected and extreme market conditions in this market, and I feel that making money by trading is like It’s the same as playing games and upgrading, but I love life more and slowly start to enjoy the ordinary.My own realization of more than 30 years is that life is all about experience. It really doesn’t matter what you do, nor what others think of you. The important thing is to never let yourself be too embarrassed, enjoy your life in this short life, and be decent. You will be very happy if you finish your life. Finally, I wish you can find your own path. You are also welcome to communicate with colleagues of the same age and share your experiences. I wish you all to move forward in 23 years!
【Today’s Strategy-ETH】 Yesterday, the profit of long orders was stopped instantly, which is great. How should we plan next? Should we go short based on the trend or go long against the trend? Regardless of whether the interest rate decision is good or bad, judging from the current one-hour internal cycle trend, even if it is bad, expectations have been released in advance. What can be determined is that the current key point of 1550 is the watershed between long and short. As long as this key point can be held firmly, bulls will I will test the selling pressure near 1600 points again, so based on the expected trend of the technical form, the probability of a head-and-shoulders bottom is higher. In this case, just go low! Strategy: Go long below 1555, target points 1578, 1596
In the evening strategy, it is clearly stated that going long is near 70, and the market is just right. The current profit is 15 points. If you are steady, you can stop the profit, and if you are aggressive, you can continue to take it! Only by doing the right thing with the right person can you turn your position around!
【Today’s Strategy-ETH】 It can be seen from the 1-hour trend that Ether began to rebound after yesterday's decline. The strength is not as strong as that of the big pie. However, the strength of the big pie will certainly limit the decline of Ether to a certain extent. Therefore, Ether combined with the trend of the big pie, A weak rebound will definitely fall back again at the trend line pressure level. This week's interest rate decision will determine the market outlook. We can just place orders based on technical aspects. Strategy: Sky above 1593, target 1578, 1568 More around 1570, target above 1600
In the current cryptocurrency world, do you think it is better to trade spot or contracts?
If you want to finish your losses, just make a contract. Many people think that contracts bring money quickly, which is a misunderstanding. Looking at the spot market over a longer period, a bull market, in one and a half years, the income of three 5x coins, 5×5×5=125 times, is 125 times. Suppose you take 50,000 principal to do it, 5×125=6 million. Is it irritating? Tempting or not? Not to mention exaggerating, every bull market in the currency circle will produce many hundred-fold coins and a few thousand-fold coins. As for 1-10 times, if Niu Chu buys the coins on the big exchanges with his eyes closed, as long as he holds on, it is really not difficult to get 5-10 times. For example, let's briefly talk about Xiao Ming's principal of 50,000. He entered it (the leader of a certain sector) during the bear market and the bull market at the beginning of the year, and then took it. In the middle of the bull market, the principal increased 10 times, and now he had 500,000. Then take the new public chains and hot coins in Stud Niu, such as the last round: dot, uni, sol. No matter how bad it is, as long as it is a new hot coin in Niu, there will be at least 5-10 times the space in the future. Take 5 times. Say, 50×5=2.5 million. At this time, there are 2.5 million. You can be more cautious in the next operation, and you can run away after eating 1-2 times. Or when the bull market is going on and Bitcoin has a major correction, Stud enters. Post group data: In a bull market, Bitcoin will have a correction of more than 50% at least twice, and a correction of 20%-30% at least 10 times. As long as the bull market is not over at the time point, buy whenever it plummets. If you are braver, you can find a new public chain and a new hot coin for 2.5 million. If you are lucky, you may get a8. If you are unlucky, as long as the bull market is still there, you don't have to worry about a sharp loss of principal. This kind of spot rolling operation seems very simple, but in fact it tests your ability to combine knowledge with action. Pay attention to one thing when studing: buy the currency of the big firm. Too many people are addicted to contracts and short-term trading, and they can't wake up.
How to cleverly make 500,000 yuan with 60,000 yuan of capital?
One day in 2020, Master Li posted a screenshot with a screenshot on his news feed, which was sent to him by one of his fans. Judging from the situation, he was shorting Bitcoin using a contract. As a result, his position was liquidated and he suffered heavy losses. Then he sent a private message to Master Li to check him out. Is there any way to save myself. Seeing this situation, Master Li was helpless and could only sigh. There are many investors in the currency circle, mostly retail investors. The reason why everyone speculates in currencies is that most people are attracted by the wealth stories in the currency circle. But for the majority of small businesses, not all money can be earned. Those projects that require millions or tens of millions of principal are simply impossible for ordinary retail investors to participate in. After all, this kind of local tycoon-level operation is not something that retail investors can control. Therefore, how to make a profit should be the most important thing for retail investors. Previously, Master Li had done an experiment on making profits with a small account. In order to inspire the majority of retail investors, Master Li made his operation process public. In June of this year, Master Li registered an account and deposited one Bitcoin into it. At that time, the price of Bitcoin was about 9,000 knives. After some calculation, Master Li’s capital is probably more than 60,000 yuan. In the first two months, Bitcoin has been fluctuating up and down without a significant rise. Therefore, at this stage, the mage does not make much money. But starting from late July, the Bitcoin market suddenly picked up. Master Li took advantage of the rising trend and added low leverage, which was about 2 to 5 times. Relying on this wave of market prices, he made three times his profit in one fell swoop. The principal amount changed from 1 Bitcoin to 4 Bitcoins. Because there are not a lot of funds in this account. Therefore, Master Li did not operate it frequently. Later, due to some reasons, the IP of this account was frozen, so that the platform could not record Master Li's operations. So Master Li cashed out all 4 BTC in his account. Later, Master Li authenticated the BM account, the account was unfrozen, and then he rushed in 2 BTC. The remaining 2 BTC are left in the spot account. Not long after, Bitcoin experienced another wave of market trends. Through low leverage, Master Li turned 2 BTC into 4.3. Relying on these two operations, Master Li made a profit of 500,000 in less than half a year. This process can be described as a classic case of making a big difference out of a small amount. Master Li made a summary of this wave of operations. First of all, he emphasized that his operation was not due to good luck. Because for Bitcoin, there has been no particularly big market trend in the past five months. The trend amplitude is only about 20% to 30%, and there is also a wave of decline, and a period of shock that lasts for several months. But he achieved profits by seizing two waves of small and medium-sized trends. During this process, Master Li only went long, not short, and only played BTC, with a leverage of about 2 to 5 times. The process is generally opening a position, testing a position, and adding a position, that's it. The gain from 1 BTC to 4 BTC captured this wave of gains from 11,000 to 13,000, and from 2 BTC to 4.3 BTC. From Master Li's operation, we can summarize the following four experiences: First, during the process of currency speculation, operations should not be too frequent. We can see this from Master Li’s operations. Master Li did not perform many operations, only twice in 5 months. Even Master Li himself admitted that due to the small amount of funds in the account, he did not even spend much energy paying attention to this account. This incident tells us that making money by speculating on currencies does not require too many operations. It is enough to seize the opportunity when it comes. Therefore, for currency speculation, being too diligent is not a good thing. The more operations you perform and the more handling fees you pay, the more you earn. Therefore, for currency speculation, being too diligent is not a good thing. The more operations you perform and the more handling fees you pay, the more you earn. Think about it on the other hand, isn’t this kind of operating rhythm just suitable for the majority of amateur currency speculators? After all, many amateur market traders don't have that much energy to keep an eye on the market all the time. The second is to wait for opportunities to act. The market in the currency circle is ups and downs, fickle, and very volatile. So the ability to seize opportunities is very important. Don't try to seize any opportunity, but once you take action, you must ensure that you are 80% sure to make money. Otherwise, if you miss the opportunity, you will not only fail to make money, but you may also lose money.So every operation must be done with caution. In the past, the big brother Ji Zhen in the currency circle relied on long-term low leverage to make money by doing long Bitcoin. Under normal circumstances, this method is relatively stable, and low leverage can ensure good profits. But once you encounter a black swan event, you will suffer heavy losses. For example, during this year's 312 Incident, Bitcoin once fell to $3,800. At that time, due to the rapid decline, Jiuzhen did not have time to cover his position, causing his 50 million principal contract to be exploded. Therefore, it is not safe to hang low leverage for a long time. A sharp drop can cause us to lose all our principal. Of course, when crises come, opportunities also come. If you do it well, then making money is basically stable. Take 312 as an example again. If we can avoid the 312 plunge and enter the market quickly after the plunge, we can seize a once-in-a-lifetime opportunity to make money. Even if the 3800 point is not caught, if the next 5000 dollars enter the market, the current profit will be doubled. Therefore, when investing in the currency circle, we must be like a falcon, observe carefully and kill with one strike. The third one is to use small things to make a big difference. Playing contracts often requires a small amount of money to achieve good results. After all, when we play contracts with small funds, our mentality will be much better. If the operation is not good, the position will be liquidated in the worst case. If you lose, you lose. Just pretend that you didn't win the lottery. But if we invest too much money, our mentality often cannot be so relaxed. I was worried about being liquidated every day, and I couldn't even sleep well at night. Under pressure, we tend to make mistakes more easily. I don’t know if you have paid attention to the three-point shooting battle during NBA All-Star Weekend. If you haven’t followed it, you can go online and look up videos of past three-point shooting finals. Normally, in a three-point shooting final, the player who goes on first will have a psychological advantage. Once you perform well, it will easily put great psychological pressure on the players behind you, causing the players behind you to shoot incorrectly. The same principle applies to investing. When you are under pressure, it often leads to more mistakes. Contracts have a strong gambling component. When faced with huge uncertainty, controlling risks is the most important thing we should do. Investment is a technical activity. Although the opportunities before everyone are the same, different people have different investment philosophies and operating methods, and the investment results obtained are also different.The most fundamental reason why a good investor can make profits in a cruel market is that they can see through the phenomenon to see the essence, and they can cleverly use human nature to make money.
How can you make millions by turning over your positions in the cryptocurrency world?
In the currency circle, you have to find a way to earn 1 million principal first, and there is only one way to earn 1 million principal from tens of thousands, and that is to roll the position. When you have 1 million principal, you will find that your whole life seems to be different. Even if you don't use leverage, if you take a spot and increase it by 20%, you will have 20W. 20W is already the income ceiling for most people in a year. . And when you can go from tens of thousands to 1 million, you will be able to grasp some ideas and logic for making big money. At this time, your mentality will become much calmer, and you will just copy and paste from now on. Don't always be willing to pay tens of millions to hundreds of millions. You should start from your own actual situation. Only bullshit is comfortable if you always brag. Trading requires the ability to identify the size of opportunities. You can't always be light or heavy. You can just play with small positions, and then pull out the Italian cannon when the big opportunity comes. For example, rolling a position can only be done when a big opportunity comes. You can't keep rolling. It doesn't matter if you miss it, because you only need to roll successfully three or four times in your life to go from 0 to tens of millions. Tens of millions is enough for an ordinary person. People have advanced to the ranks of rich people. A few points to note when rolling a position: 1• Be patient enough. The profit of rolling a position is huge. As long as you can roll a position successfully a few times, you can make at least tens of millions or hundreds of millions. So you can’t roll it easily. You need to be sure Opportunities with high certainty; 2. Opportunities with high certainty refer to sideways fluctuations after a sharp decline and then upward breakthroughs. At this time, the probability of trending is very high. Find the point where the trend reverses and get on board from the beginning. . 3. Only roll long; risks of rolling positions Let’s talk about the rolling strategy. Many people think this is risky. I can tell you that the risk is very low, much lower than the futures opening logic you play. If you only have 5W, how to start a business with 5W? First of all, if this 5W is your profit, if you still lose money, don't read it. If you open a position at Bitcoin 1W, set the leverage to 10 times, use the isolated position mode, and only open 10% of the position, that is, you will only open 5K yuan as a margin. In fact, this is equal to 1 times the leverage and 2 points of stop loss. If If you stop the loss, you will only lose 2%, only lose 2%? 1000 yuan. How did those who liquidated their positions do so? Even if your position is liquidated, wouldn’t you only lose 5K? How could it be a total loss? Suppose you are right and Bitcoin goes to 1.1W, you continue to open 10% of the total capital, and also set a stop loss of 2%. If the stop loss is stopped, you will still earn 8%. What is the risk? Isn’t it said that the risk is very high? And so on. . . . If Bitcoin rises to 1.5W, and you have successfully added positions, you should be able to earn about 20W from this 50% market trend. If you catch such a market twice, you will earn about 1 million. There is no compound interest at all. 100 times is earned by 10 times 2 times, 5 times 3 times, and 3 times 4 times. It is not earned by 10% 20% compound interest every day and every month. That is nonsense. This content not only contains operational logic, but also contains the core inner skills of trading, position management. As long as you understand position management, you will never lose money. This is just an example, the general meaning is this, you still need to think more about the specific details. There is no risk in the concept of rolling positions. Not only is there no risk, but it is also one of the most correct ideas for doing futures. What is risky is leverage. You can roll with 10 times leverage, just as well as 1 times, but I usually use two or three times and catch it twice. Isn’t it the same as dozens of times the return? If it doesn't work, you can use 0. How many times does this have to do with rolling positions? This is obviously a matter of your own leverage choice. I have never said that you should operate with high leverage. And I have always emphasized that you only invest one-fifth of your own money in the currency circle, and only invest one-tenth of your money in spot money to play futures. At this time, futures funds only account for 2% of your total funds, and futures only account for 2% of your total funds. Using two or three times leverage and only playing in Bitcoin can be said to reduce the risk to an extremely low level. Will you feel bad if 2W of 100W is gone? There is no point in always being on the leverage. Some people have always said that rolling positions is risky and that making money means good luck. I am not saying this to convince you. It is pointless to convince others. I just hope that people with the same trading philosophy can play together. It’s just that there is currently no screening mechanism, and there are always harsh sounds that interfere with the recognition of people who want to watch. Fund management transactions are not full of risks. Risks can be resolved with fund management. For example, for me, the futures account is 200,000 yuan, and the spot account is randomly from 300,000 yuan to 100,000 yuan+. If the opportunity is high, recharge more and if there is no chance, recharge less. If you are lucky, you can earn more than 10 million RMB a year, which is enough. If you are unlucky and the worst case scenario is that your futures account will be wiped out, it doesn't matter. The spot income can make up for the loss of the futures liquidation. If you make up for it and then rush in, is it possible that the spot account will be wiped out in a year? Can't make a penny?I haven't gotten to this point yet. You can not make money but you can't lose money, so I have been liquidated for a long time. In futures, I often withdraw a quarter or a fifth of my profits and keep them separately. If I liquidate my profits, I will also keep part of them. As an ordinary person, my personal advice to you is to use one-tenth of the spot position to play futures. For example, if it is 30W, use 3W to play with it. If it is exposed, use the spot profit to invest. After you have blown it out ten times or eight times, you can always get it. If you haven't figured it out yet, don't play. It's not suitable for this industry. "How to make big money with small capital? Many people have many misunderstandings about trading. For example, small capital should be short-term in order to make the capital bigger. This is a complete misunderstanding. This kind of thinking is just trying to exchange time for time. To get rich overnight, small capital should be used in the medium and long term to make it big. Is a piece of paper thin enough? If a piece of paper is folded in half 27 times, it will be 13 kilometers thick. If it is folded 10 times to 37 times, the earth will not be as thick as it. If it is folded 105 times, the entire universe will not be able to accommodate it. If you have a principal of 3W, you should be thinking about how to triple it in one wave, and then triple it in the next wave... In this way, you will have four to five million. Instead of thinking about earning 10% today and 20% tomorrow... you will kill yourself sooner or later. You must remember that the smaller the capital, the more you should do it in the long term and rely on doubled compound interest to make it big. Don't do the short term to make small profits.
What is the real status of most people in the cryptocurrency circle?
Most people think that the currency industry is to enter the market with 10,000 yuan, wait for 4 years for Bitcoin Mad Bull to make dozens of times, and then leave. It is true that when you buy Bitcoin for 10,000 yuan, you are always thinking about the rise of Bitcoin, and you always open the exchange to check your balance. Unwilling to buy and sell, you end up with fewer and fewer coins in your hands. The value fluctuates around 1,000-6,000. You wake up at night and look at the currency price. In the end, you can't help but have 5,000 pieces left. At this time, watching yourself struggle from 10,000 yuan to 5,000 yuan, you are unwilling to accept it, you are unhappy, and you are still thinking about how to make a comeback. You look left and right and browse through various articles on the Internet about Bitcoin failing to reach 1 million. You join the so-called community, follow the contract, go long in the opposite direction in the bear market, and you still don’t regret it when you look at the wrong direction. Carry it. Seeing that your principal is getting less and less, you borrow money from everywhere to prepare for a contract turnaround. If you open 10 times the contract, you will double your assets as long as you are right about 10% of the market's movements. The calculator is in his hand to calculate how many coins he can have. In the bull market of 2025, a Bitcoin will cost 300,000 US dollars, and how much he will be worth. As you calculated, the contract in your hand was liquidated, and your heart went cold. You cover your face and think about where you want to get the money. You get the money and enter the contract again. Loss after loss makes you more and more numb. You never consider whether you can repay your debts. You feel that you are the most awesome person. You always feel that you are superior to others. You are arrogant from the bottom of your bones. You do not obey anyone. You think every day that you can make 10 million in the bull market. This is the true state of most people in the currency circle.
The fundamentals of Bitcoin are indeed improving at present, because it has dumped a wave of people from the bottom, plummeted several times in the middle, black swans, bankruptcies, liquidations, Bank of America and other events have scared off many investors, because The past year has been extremely cold. The continuous shocks and declines have made people feel desperate. The panic and greed index also hit a sustained record low last year. When the bear market just started last year, many people were looking for opportunities to position the bottom time for next year. I think Buying the bottom is not based on the time cycle, but based on price changes. I am buying the bottom one after another around 20,000. The Jizhouqiujian faction will definitely choose a suitable time point. For example, the Bitcoin halving time is 2024, and many people are waiting for the second half or the end of this year. Buying the bottom nearby and making plans half a year in advance. Little do you know that consensus is meant to be broken. The currency circle is a process of constantly establishing and breaking consensus. The Carry the Boat and Seek the Sword faction should not have made any money in this wave. If I were a dog dealer, I would continue to fluctuate and rise to In the second half of the year, when the price is around $40,000, when you really can’t help but buy Bitcoin at the bottom for the halving, I will distribute chips again. You must remember not to buy Bitcoin at the bottom for the halving at the end of this year! The high debt in the United States will inevitably turn on the money printing press again, and cryptocurrencies will usher in good news. In the past ten years, there will always be one factor in the liquidity of legal currency or technological progress that will become the reason for starting a bull market, but we have not experienced two A bull market created by two factors at the same time. This may be the biggest bull market in the field of cryptography and even in the field of risk assets. The next bull market is extremely optimistic about the concept of AI and there are many things to watch in the future. The biggest trend may be AI (artificial intelligence). Every era has its topics: in 2000, The Internet ruled the world; in 1929, radio and railways ruled the world. In different cycles, we pay attention to the emerging technologies that will completely change people's lives. The same goes for AI. From the invention of the computer Internet to the present, the popularity of computers has led to the rapid upgrading of human civilization, which can also explain why investors are so concerned about AI. The potential scale of the entire AI economy can reach 17.1-25.6 trillion US dollars. AI drives technological progress, and AI requires cryptocurrency.Therefore, for the encryption industry, the future is a double bull market and AI needs food: computing power + data storage. AI food mainly consists of computing power (from NVIDIA and semiconductors) and data storage. In 2022, the estimated data storage demand market size of AI is US$90.17 billion, which will grow to US$472.47 billion by 2030. Why does AI need decentralized storage? Centralized data management has the following problems: poor data management; lack of control/transparency over data; predatory and opaque pricing. Fundamentally speaking, AI requires decentralized storage and will also create a huge demand for decentralized storage. Therefore, everyone thinks that FIL has no future. No wonder Arthur Hayes is extremely optimistic about FIL. At the same time, he put forward the point of view: Hope There is a listed coin available for purchase that has completely collapsed, down over 90% from its all-time high in 2021, and the most aggressive sellers have sold off all of it, so that when the coin starts to rise, it still has a lot left. There is a lot of room for growth. It doesn’t take too much incoming capital to make this token rise for 10 or 20 years, and it also needs to be related to the AI industry chain. Finally, careful fans should be able to tell that I have spent the past two days. The articles clearly stated that they are bullish on the market in the next month and gave reasons why they are so firm. Judging from the Fibonacci sequence, it has reached the golden position of 0.618. In addition, 25000 is a very critical and important support. This year I have I have said this countless times, and I believe the veteran members know that there is a high probability that there will be a rebound here. Then superimpose the period from late September to late October. There is no Fed meeting in October, but only in November. There is an opportunity for bulls to kick interest rates, and historically speaking, the performance of the market in October has been good. Combined with many long-term indicators, there are already buy signals.
I have grown from a capital of 100,000 to almost 2 million, mainly relying on spot money, but today I want to say something different from others, the heartfelt words of an old leek who has traveled through bulls and bears. If you want to change your life, please read it. Do you often see the phrase "stay away from contracts and cherish life"? Everyone who enters the currency circle hopes that they can find a hundred-fold coin or a thousand-fold coin. Thinking of that sentence, people in the currency circle ask questions every day, but today is no longer that era. If you are an ordinary person without much original capital, and you want to invest in Bitcoin or Ethereum, where making big money can change your destiny, in the past, I would have asked you to buy BTCETH, and you can also make big money on spot, but now if you If you don’t have much principal, even if BTC rises to 100,000 dollars, it won’t completely change your life. Don't get me wrong, some higher-risk ones may be more suitable for you. The profits and losses come from the same source. The amount of risk you can bear will be the amount of reward. By hoarding coins in the bear market and selling them in the bull market, can you achieve a hundredfold increase and change your life? I tell you from personal experience that this is delusion. Nowadays, the number of currencies in the currency circle is almost more than the number of leeks. Financing projects are being financed one after another, and new coins are being added faster than the growth rate of leeks. Take a look at Binance The average increase of new coins in Heouyi and Ouyi. The market value was artificially high and the valuation was outrageous when it went public. Institutions continued to invest in projects and got chips with almost no cost. When they went online, they continued to sell them and let Leek take over for them. They cashed out the money in the currency circle. Thousands of funds have been siphoned off by them. The daily transaction volume is tens of billions, and the valuation of a project on the market is only 10 billion. The liquidity of the entire market is less than 1%. The current severe anemia may be the essence of the speculative market. If you say that many people have become free by relying on Shigou, that is a very small number of people. I would not want to touch Shigou. If you want to touch Shigou, it is better to study contracts and futures. Even if you leave this circle, there are still many trading targets to choose from. . In this market you need to be proficient in one skill. There are so many things that can be done in this industry, and unless you have experts around you, it will be difficult to keep up with the pace of the industry. If you want to improve your cognition, the fastest and most effective way is to ask experienced people for advice or through books. Be sure to remember that mastery is the same as mastery. Don't try to grasp everything, otherwise you may not be able to do anything.Of course, please put away your prejudice and laziness, and invest your energy, collect information, and do in-depth research. This is far more important than money. First of all, we must clearly understand the situation and ourselves. The purpose of coming to this circle is to change our lives. Please construct a complete plan for yourself. When will you buy? When to sell? What to buy and what is your strategy? How to do risk control? I communicated with friends in the membership group and repeatedly emphasized that most people can only make trend money. In many industries, as long as you persist and work hard, you can be at the top, but losing money is normal in the investment market. People who are smarter and harder than you here still lose money. Why should you definitely make money? Investment is to make money with money, and there is too little capital. , it is easy to breed delusion, but deception is not terrible, we must be principled to do it, since it is the one with the highest profit-loss ratio. What is a trend is that the bull market lasts for one to two years. Make plans during the bull-bear transition time, follow objective laws and data, and be long-currency-based to accumulate your own original assets. Pay more attention to new projects. People now like new things and new stories. New coins that have just been listed on Binance in the bear market can be circled. Don’t buy them just after they are listed. Spend some time and energy to analyze them from multiple angles. Study them. The research is good, and it is correct to continue buying in batches at this time. Nowadays, the currency circle is developing very fast, and in this environment, learning needs to be strengthened. Risks and returns coexist. The market has now passed the barbaric growth stage, and potential profits are declining rapidly. If you want to get rich but don't want to pay too much attention to these, then the only thing left is contracts, and contracts even have more possibilities than altcoins. In the past, I was like most people who came in. Many seniors told me to stay away from contracts and cherish life, but I have always felt that the currency contract market is a very great product. The currency circle itself is a game of gambling, a game of human nature, a zero-sum game. Since it is a game, we must first understand the rules of the game. The maturity of human investment logic is to constantly understand the rules of the game in this market. The current currency circle is more speculative. Don't look at things with prejudice, and don't think that you are right. Others are fools. Enlarge your mind and think about problems from multiple perspectives. Everyone has what suits them. Yes, Buffett can make money from value investing, and Soros can also make money from speculation. No one is necessarily right and suitable for you. The best result is the best. Please stop being lazy and spend time and energy to strengthen your trading. System, you will not lose this opportunity to change your destiny again in the future.Of course, first build a long-term plan and understand the spot bands thoroughly. Please start your contract trading. I think contracts are very good investment tools. Not only can you make money when the market rises, but you can also make money when it falls. It can also be used When hedging spot goods, it is your fault that you lose money and liquidate your position. It is a problem with your trading system and trading plan. This is not the fault of the contract itself. The existence of the contract itself is like a tool. What is wrong with the tool? It was the people who used it who made the mistake. Why should the contract be blamed for this mistake? You lose money because you have not established a trading system, have no discipline, have a bad mentality, and do not have a stop loss. Let’s understand the advantages and risks of contracts. Can we really resist human nature and avoid liquidating our positions? I think the currency circle is now a speculative market. No matter how big the market rises, there will be a ceiling. Will it still be an opportunity for ordinary people to buy spot goods at that time? Some people have little capital. Do you think there is any way to accumulate capital faster in today’s market?
ETH trend analysis The hourly line has fallen below the triangle consolidation structure, the daily level has emerged from a yin and yang pattern, and bull failure has been established. The upper pressure is at 1635, and the lower support is at 1610, 1600 Strategy: Short near 1635, target points are 1610, 1600, stop loss above 1640
I prefer Bitcoin to be a scenario in the next few months
Now in September, until January next year, my personal thoughts on the big framework of the Bitcoin market:
From late September to late October, the rise begins slowly and will rise again.
From late October to the end of December, there was a slow decline, and finally reached the second bottom of this bear market. I expected this bottom position to be around 20,000. This is just an estimate.
Starting in January, it slowly began to resume its rise until BlackRock passed the spot ETF.
Of course, this is my understanding of the general framework of the market. Just have a general framework in your mind. I will adjust my market judgment based on the real-time situation in the future. And this is a long-term prediction. for reference only!
Many people believe that 2024 will be a bull market in the cryptocurrency world. Why?
The time now is September 17, 2023. Let me start with the conclusion: the Bitcoin bull market in 24-25 years will be different from any previous bull market.
Let me share my views from two perspectives. The first is the guiding significance of the past Bitcoin halving market for the future, and the second is the possible impact of the Federal Reserve’s monetary policy over the past years on the highest point of Bitcoin’s next round of market prices.
Part One: Bitcoin Halving Market Over the Years
Bitcoin halving occurs every four years, and the specific time is uncertain. At present, the next halving time is 2024.05.09, which is 319 days away. Let’s look back at the past halving cycles.
Judging from the 30-minute trend of ETH, it fluctuated and formed a box. After breaking yesterday, it rebounded to the lower edge of the box and continued to fall under pressure. The rebound in early trading seemed strong but was actually weak. After all, it was just a rebound and not a reversal. Bulls wanted to counterattack. It is necessary to capture the strong pressure level on the central axis of the box, so high altitude is the main trading strategy today. Strategy: It is empty near 1930, the target point is 1910, and the second target point is 1892
If you don’t break it or establish it, that’s it! 【Strategy】 The current price is short, the stable 30200-30400 is short, the target point is near 29800
【Today’s Strategy】 Remember to like and follow Judging from the trend of Ether, after breaking through the box, it rushed up to the trend line pressure level and then fell back to the single peak of the box to stop falling. Judging from the two actions of breaking away from the box and falling back to the box, it is highly likely that it will continue to fluctuate. , but high altitude is the main strategy, because the market has effectively broken through, and after the bulls’ explosive volume can be vented, only short positions are left, so pay close attention to the gain and loss of 30,000 points of the market and the gain and loss of 1897 points of Ether, and the secondary points are the key The long-short watershed. Overnight strategy: Ether: empty near 1950, target 1933, continue to be empty after breaking 1933, target point 1900 Big pie: 30400-30500 short, target 29833-29500, stop loss 30850
Why can BTC continue to rise? The reasons behind XRP's crazy rise.
In December 2020, Ripple was sued by the US SEC. After three years of grueling legal battle, Ripple finally has
A "short-lived" victory.
Tonight, a U.S. federal judge rules that Ripple Inc.
Therefore, the sale of XRP tokens by algorithmic programs does not constitute an investment contract.
agreement (does not violate securities laws), but the court also supported
SEC Motion That Institutional Token Sales Did Violate
Federal Securities Laws. As soon as the news came out, xRP price dropped from 0.473
USDT once soared to 0.64 USDT, with a maximum increase of more than 35% in one hour.
In this verdict, neither the SEC nor Ripple is a complete winner in the true sense. There is currently no clear conclusion as to whether XRP is a security. However, the news spread quickly and was seen as a good thing for the crypto market to rebel against the SEC. Especially the current additions such as Coinbase and Binance
When will Bitcoin break out of its volatile stalemate? How should Bitcoin be traded in the future?
Good afternoon fellow currency friends, let’s talk about the next market situation. In yesterday's live broadcast, I clearly mentioned that the market is a strong support between 30200-30300, and directly placed a long order at the current price during the live broadcast. It is currently moving according to my expectations, which is good! The take profit target is clearly visible as shown in the figure.
How to place an order? We continue to analyze according to the trend in the chart. The top of the current market is the upper edge of the trend line that is subject to the downward channel. It is difficult to break through in the short term. It takes time to exchange space. Once the pull-up strength is strong, the daily level big 3 The waves will come out. When there is no deep correction at the daily level and effectively falls below the single positive level, it is best not to blindly open short positions, especially for friends who like to do trends. Of course, except for contracts, the operations during this period are based on your heart and are very easy to grasp. , before choosing a direction, the rise and fall of the market is rational. As long as it is rational, if it falls a lot or rises based on the technical form, operating in the short range will not be worse than the profit of the unilateral market.
2023 College Entrance Examination Multiple Choice Questions
1: A group of friends told you that it is taking off, so what is the increase rate of this coin ( )? A.50% B.100% C.1% D.1000%
2: When the currency group friends tell you about the correction, then the decline of this currency is ( )? A.50% B.100% C.1% D.1000%
Three: When friends in the currency group tell you that institutions are entering the market, what does it mean ( ) Organization A really entered the scene B. I want to sell these handfuls C. Daily market rebound D.He was lied to
Four: When friends in the currency group keep talking about a project, but the price never rises, then ()? A The market is not good B. He means rebound C. These people want to sell out D. This project is not as good as group friends say #BTC