Suppose you have 10 friends, and each of them borrowed 100 yuan to buy candy. Suddenly, one day they found that borrowing money became more expensive, and they could only borrow 50 yuan to buy candy. However, some of them still believed that the price of candy would rise, so although they borrowed less money, they still bought candy. Others saw that they were still buying candy, and began to think that the price of candy would continue to rise. As a result, everyone started buying candy again, causing the price of candy to really rise.
This is a situation in the current crypto market: although money has become more expensive, some big players are still present, and their actions have led others to follow suit, which may trigger a new round of price increases.
1. If it is a real big trend, it will not be completed in a short time. In the big trend, there will be some interference that will lead to early exit
2. When doing big cycle market, you should get used to short-term floating losses of profits. If you want a big market, you have to pay some price
3. When doing contracts, you should also get used to continuous stop losses
Trending is the most anti-human system. You can't stop when you see profits. There must be retracements. You can't operate when you see profits retrace. It is normal to retrace to losses, but you must set losses.
If you can't stand the pain of continuous small losses and profit retracements, you can't catch the big trend.
Because in the middle of the trend, the mentality of greed for small bargains will always tell you,
In the early morning, the trend of the big cake was expected to drop to 6.05-6, but it went directly to 5.79. The overall increase of last week was swallowed up in a few days this week. This market is not easy to deal with at present. The initial plan is to deal with it around 6.03, and look at 5.6. The buying support on August 15 is near here.
Without noble people and talents, you have to endure three cycles in the cryptocurrency circle to achieve financial freedom!
The first cycle: When you first get involved in the cryptocurrency circle, you may be attracted by the stories of getting rich quickly around you or the rumors on the Internet. Whether you are conservative or adventurous, you may invest in it. At first, the market seemed to be rising every day, and you were full of hope and didn't know where the risks were. But the good times didn't last long. The bear market came and the market fell sharply, and eventually you lost all your principal.
The second cycle: After experiencing a round of bull and bear cycles, you become more persistent and extremely eager for wealth. In the ups and downs of the market, you start to ask around for news and try swing operations. When the bull market comes again, you make a lot of money, but greed may make you miss the best time to sell. When the bull market ends, you may still choose to hold and look forward to the next cycle.
The third cycle: After experiencing another round of bear market torture, you understand the cruelty of the market more. Most of your assets may have returned to zero, but you still stick to the cryptocurrency circle. You have learned how to select targets, judge the market, and know how to sell when the market is bustling. This time, you truly understand the rules of the currency circle and can keep calm between buying and selling. In the end, you find that you have become a millionaire, billionaire, and billionaire.
Analysis of ideas and operation suggestions for lunch
Currently, the market has opened to around 63,000, which is consistent with our analysis last night. The lower support level is currently at 62,618, and the four-digit level print line releases a downward trend, which also means that it is not time to buy the bottom. But you can make a short-term long order, with the target at 63,800. Depending on the rebound strength, the general direction is still bearish. It is an inevitable trend to step back to the bottom, looking at 62,000 Operation suggestions: chase long and then step back Big cake: long near 62,700, looking at 63,800 Auntie: long near 2,650, looking at 2,730
The 3,000-point surge on Saturday morning also caught many friends off guard. The upward exploration that was originally expected in September came ahead of schedule. So far, the game between the two sides of the market has become increasingly intense. A guiding message may trigger the trend.
In the short term, the market did not break through the pressure after a short-term surge in the morning. If it does not return to the 62,800 line below, there is reason to believe that there will be multiple attempts at pressure. It is recommended that Silu still focus on catching rebounds.
The big cake is 63400-63000, and the defensive focus is on the 62800-62600 line. The target is 65200-65800 above.
Today, ORDI fell from $36.917 in the early morning to $34.077 recently, and has been hovering around 34.570. There has been no good news about ORDI recently, so let's analyze it from a technical perspective:
ORDI's daily downward adjustment will continue, and the daily MACD has shown a trend of weakening upward momentum. The daily MA30 is still on a downward trend, and it will take time to level off. This wave of retracement is a normal trend. When the price returns to the 30.9-33.5 range, it can be bought in batches.
In fact, it is obvious that RARE has won, but there is no need to brag. I checked the greed index of the square and it reached 56. The basic index in the past two days was more than 20 or 30. It directly reflects that many old players have returned to the currency circle, or many newbies have poured in. But you must not blindly follow someone's post. You must read more and have your own thinking mode, otherwise you will really lose everything.
1. Wait patiently. The most difficult thing in investment is to wait patiently. The cryptocurrency circle is in a state of decline 95% of the time, and only rises 5% of the time. Only by enduring loneliness can you keep your youth. The key to making money is to patiently hold high-quality currencies
2. Don't stare at the market all day, which will affect your mentality and blindly operate. Remember that the cryptocurrency circle is not a place where you can get rich by hard work. The more diligent you are, the faster you lose money
3. Overcome the weaknesses of human nature. Others' fear is my greed...
4. Do a good job of position management
5. Don't do short-term, insist on holding coins in the medium and long term to outperform 90% of leeks
6. Don't borrow money to speculate in coins, and sleep well with idle money investment
7. The most reliable way to make money in the cryptocurrency circle is: buy high-quality coins at the bottom, hold them for a long time and ship them in batches
8. Value investment, the rose of time Summary: good track, good target, good price, good mentality, dividend reinvestment, accumulate wealth with compound interest, and slowly get rich
On the daily chart, the battle between the long and short sides has lasted for many days, showing the alternation of Yin and Yang lines. There is no obvious trend direction yet. In the short term, the currency price surged at night and failed to break through and then fell back. At the moment It is at a key support area. Once it is touched, it is likely to rebound, and the bullish intention is strong.
In the short term, the four-hour currency price fluctuations have always been constrained between the middle track and the upper track of the Bollinger Bands, and have not yet broken through this range.
Recently, the cryptocurrency circle was swept by a post-90s generation. Shenyu earned 100 million U from 1,000 U in the cryptocurrency circle, equivalent to more than 700 million RMB, and directly advanced to the ranks of billionaires.
Ordinary people are eager to get rich overnight in the cryptocurrency circle, but the reality is always particularly cruel. Every day, someone defends his rights at the door of OKEX. Every day, someone starts to counterattack and achieve financial freedom.
The longer I am in the cryptocurrency circle, the more I feel that the depth of the entire cryptocurrency circle is not something that ordinary people can handle. What ordinary people need to do is to work steadily.
Let me tell you a secret. You can also compare them. Two friends I know in real life. One is a cryptocurrency trader, and the other is a stock trader.
The cryptocurrency trader started investing in Bitcoin and various altcoins in 2015. At first, he only had 20,000 yuan in principal, and now it has risen to 2.48 million yuan.
The stock trader has more than ten years of stock market experience. During this period, he has invested more than 600,000 yuan. He has tried various methods such as value investment, hitting the board, popular concepts, long-term and short-term investment, and now there is less than 100,000 yuan left in his account.
The comparison results are really different, the gap is quite large! So we have to seize the opportunity.
The bull market in 2020 was really impressive. When the market was at its peak of 10,000 to 20,000, some people announced that they were free from wealth and quit the market. When the market was at its peak of 20,000 to 40,000, people were really excited. People were seen promoting the free from wealth on various platforms. Although Bitcoin bounced happily afterwards, it no longer had the wealth-creating effect of the time. This bull market was long and stinky, and it shocked you to the point that you didn't recognize anyone. The pull-up was just a matter of a moment, and you didn't have a chance to react. Do you see that there are still people who declare free from wealth on major platforms now? The copycats are like dead, and most of them have never run Bitcoin. How do you want to play in this market, how do you get rich, and take such a big risk to buy spot goods? The only advantage is that foreigners are trading, and they will still leave some soup for you to drink. There are always several certain opportunities in a bull market. Compared with the A-share market, it is really conscientious. Don't think about getting rich, it's still okay to make a little money.