Several pieces of advice for the cryptocurrency world! First piece of advice The cryptocurrency market has passed the stage of savage growth; the next stage is a competition of capital. Don’t delude yourself into thinking you can easily make dozens of times your investment. Second piece of advice The primary market offers high returns, but 99% of projects will eventually go to zero. Those recommending new investments might not tell you this truth. Third piece of advice Going all-in can make you a lot of money, but it can also lead to total loss. The true essence lies in 'rolling your capital', not just how much you earn from a single trade. Fourth piece of advice When a coin is being wildly promoted, it often signals the end. If you already own it, consider selling; if you don’t own it, it’s best not to enter the market. Fifth piece of advice Young people should focus on their studies, self-improvement, and stable income, with trading as a secondary pursuit. Trading is a long-term battle, and stable off-market income can take you further. Sixth piece of advice "Fortune does not enter a home without virtue, wealth does not enter through urgent doors." Don’t be complacent when making money, and don’t blame yourself when losing money. Summarize the successes and failures of each trade; emotional reactions are a trader's greatest enemy. Seventh piece of advice If someone tells you a particular coin can make you a lot of money, be wary; they might want you to be the one holding the bag. Eighth piece of advice Don’t blindly trust those who share profit charts; they only show partial profits, and many might actually be losses. Ninth piece of advice 99% of people trading contracts will eventually go to zero. Desire is limitless; lose control once, and the gains and principal you've made will disappear. Tenth piece of advice Follow bloggers who share their experiences; stay away from those who promote profits; what you can learn from the former is much more valuable. Eleventh piece of advice To trade well, you must have your own insights; don’t follow the crowd blindly. Build your own trading theory; others' experiences should only serve as references. Twelfth piece of advice Interact more with 'veterans' in the cryptocurrency space; learn from their losses to avoid making the same mistakes, and you might even find ways to profit by doing the opposite. Follow me so you won't get lost.
People can build positions in the range of 0.065-0.08, the election is coming soon, and there is a high probability of another wave of market movement! $PEOPLE
The current upward momentum of BTC is very different from the previous on-chain reaction. The internal structure of the market has changed from the deep divergence of the past to the cautious wait-and-see of large funds.
It is worth noting that the market performance of BTC and ETH also shows different styles.
The key liquidation prices currently faced by short sellers are 65000, 65456, 65934, and up to the 664-669 range, which may be the last line of defense for short sellers.
Long sellers need to be wary of prices such as 64022, 63544, 63066, and 62588. Once they fall below, they may eventually reach the liquidation range of 616-611.
In this market change, capital movement and position mentality have become key factors affecting the trend.
It is necessary to pay close attention to market dynamics and grasp the flow of funds to cope with possible drastic fluctuations. ##BTC突破6W5
At such a critical moment, every decision needs to be made with caution, so that we can maintain our position and gain the upper hand in this financial storm. $BTC $ETH
$REEF has recently seen a significant increase in short positions, and even the fee rate has been suppressed to -2.75%. Short sellers are obviously trying desperately to suppress the market, but it turns out that the power of the bulls is quite strong! Since the end of August, $REEF has soared 1500%, and the increase is even crazier than the "dogs" on the chain.
Such a rise is really rare, especially to achieve such a high return in such a short period of time. It can be seen that funds have been pouring in crazily, pushing prices to continue to rise. Although the bears are trying to suppress the market, the bulls are still steadily accumulating funds and firmly controlling the initiative.
If this trend continues, $REEF may complete their "zero removal plan" in the next two months, that is, the price will rise further, and the bears may face more pressure. The bulls not only have an advantage in price, but even the fee rate has become their "extra reward".
Whether you are optimistic about the short-term or long-term, the performance of this target has been very impressive and worth paying close attention to. $reef
"How does Lista DAO unlock maximum capital efficiency for BNB?"
Functional analysis of slisBNB and clisBNB: Concise version 1. slisBNB: Liquidity Staking Token slisBNB is Lista DAO’s liquidity staking token, representing the certificate obtained by users after staking BNB. It brings two major benefits to users: Staking income: Users holding slisBNB can obtain BNB staking rewards. Liquidity: In addition to staking rewards, users can also stake slisBNB into DeFi protocols, earn liquidity provision (LP) fees, and participate in Binance Launchpool’s rewards activities. If users want to get back their original BNB assets, they can redeem slisBNB at any time.
Why is WIF and PEPE the first choice for bottom fishing after a big drop?
Let's talk about Hat Dog WIF$ This year, the SOL chain has produced many meme tokens at the billion level, especially BOME, which unexpectedly surged on the third day after launching, making some people wealthy.
BONK launched even earlier and is considered an older meme on SOL.
If we choose from the perspective of trading new tokens rather than old ones, the first new meme under the SOL chain is BOME, followed by WIF and lastly BONK.
But from a market capitalization perspective, WIF is over 2 billion, BONK is over 1 billion, and BOME is over 400 million. Personally, I tend to be conservative and prefer larger market caps.
Looking at the number of address holders and the amount of profit, BOME had more early holders and profit, while WIF did not have as much holding and profit compared to BOME and BONK in the previous round.
Overall, WIF appears to be more favorable.
So, this is the reason I have been emphasizing WIF as the first choice for bottom fishing after a big drop, and the reason for allocating WIF.