Many people think that investing in cryptocurrency is simple:
You invest ten thousand dollars, don't worry about it, and sell it for one million after ten years.
However, the reality of cryptocurrency is like this——
You enter the market with ten thousand dollars, and the next day it turns into five thousand. That night, you toss and turn, unable to sleep. Every deep night that follows, you wake up to go to the bathroom, and you check the market on your app.
After enduring a year, the price fluctuates between 1000 and 6000, you're exhausted, and you resolve: if it can rise to 9000, you'll cut your losses and exit. However, when the bull market arrives, your coins rise to 8500. You remember a few past rises and falls, thinking it must retrace to 6000, so you sell at 8500, preparing to buy again after the retracement. You definitely made a profit, but this time, the market didn't return to 6000; instead,
you hesitate, fearing that if you don't get back in, you'll miss the opportunity, so you chase it from 8500 to 9000, your position returns, but your coins are fewer. Then, it retraces from 9000 to 7000, and you waver again. Watching it rise to 12000, you finally made a profit, but when you calculate the annualized profit, it's 20%, and you console yourself: this is also a good investment!
This is the true portrayal of a novice: all-in, full position, cutting losses, chasing highs and selling lows, repeatedly struggling.
If you are also confused, follow me, and let's communicate and learn together.
In the cryptocurrency world, if you want to earn 1 million yuan from tens of thousands of yuan, there is only one way!
That's rolling. When you have 1 million yuan in capital, you will find that your whole life seems to be different. When you can make 100,000 yuan from tens of thousands of yuan, you will also be able to grasp some ideas and logic of making big money. At this time, your mentality will be much calmer, and the rest is just copy and paste.
Don’t always boast about tens of millions or hundreds of millions. Start from your actual situation. Bragging all the time only makes you feel good. Trading requires the ability to identify the size of opportunities. You can’t always have a light position or a heavy position. Usually, you can play with a small position. When a big opportunity comes, don’t miss it. For example, rolling positions can only be operated when a big opportunity comes. You can’t roll positions all the time. 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 are enough for an ordinary person to advance to the ranks of the rich.
On Thursday, the S&P 500 Index and the Nasdaq Composite Index closed slightly below their historical highs, continuing an astonishing rebound since the stock market crash in April. The Nasdaq rose by 1%, reaching its highest closing level since December 16 of last year. The Nasdaq index has increased for 12 consecutive weeks. Those who went short must be bewildered. Regardless of the war, fluctuating tariffs, or trade confrontations, U.S. stocks keep climbing. Currently facing pressure at 20,000 points. Based on cycles, Trump cannot possibly have the capability to help U.S. stocks reach a peak in one step. The Federal Reserve has not cut interest rates yet, and Trump's rhetoric continues to criticize. He is also boasting about the next Federal Reserve chair nominee, if you believe it, you've already lost. Trump's actions are unpredictable; they are all unexpected, otherwise how could B2 cross the Atlantic, flying for 37 hours to bomb Iranian nuclear facilities? But seriously, U.S. stocks should also be due for a correction; Bitcoin, in fact, should have undergone a deep correction long ago. Now the big players are manipulating the market, pushing it up forcefully, but I am still bearish. Don't blame me for being a relentless bear; both cycles and trends indicate that there is a demand for a correction. Come on, let's short together.
Overview of Top Capital in the Crypto Circle: Xianxin Capital, Patience Capital, Steady Capital, All-in Capital Mountain Top Capital, Mid-Mountain Capital, Bridge Hole Capital, Trapped Capital Illusion Capital, Blood Loss Capital, Cut Loss Capital, Zero Capital
Jiao Ge Capital, Sell First Capital, Break Even Capital, Escape Peak Capital
Reverse Index Capital, Betting Capital, Counter Profiteering Capital, Overhead Capital Crash Capital, Liquidation Capital
In the past 48 hours, Bitcoin #bitcoin has continuously made slight higher lows and highs. Although it seems to be rising, it is just small steps, and the rhythm is extremely confusing.
Whenever a strong candlestick appears, it easily leads people to believe that a breakout will occur, but often the next candle weakens again.
In such a market, it is only suitable to continuously take profits according to plan, and there is no reason to blindly chase the rise, let alone to open high leverage to bet on a big market.
The biggest benefit of strictly following a strategy is that it allows trading to become easier, without being swayed by emotions.
Taking #LQTY as an example, after choosing to take profit near large sell orders in the order book, even if the price retraces later, I can accept it calmly and even consider looking for opportunities to add to my position during the pullback.
Conversely, if I hadn't taken profit on this order, I would easily fall into various subjective judgments, worrying about whether there will be a significant drop or if it will reach new highs, making it easy for my mindset to be repeatedly affected by market fluctuations.
1️⃣ Easing situation in the Middle East: Ceasefire agreement maintained, reduced risk of blockade in the Strait of Hormuz, market risk aversion sentiment recedes
2️⃣ Clarity in Federal Reserve policy: Powell's hearing confirms no interest rate cut in July, September may become a turning point in policy
If mainstream coins like Bitcoin, Ethereum, #AAVE, and SOL haven't yielded results, then it's probably not worth paying attention to other altcoins.
The cryptocurrency market itself is still immature, and most of the time, the trends of coins still depend on Bitcoin. Occasionally, some altcoins may perform independently, but most of the time they are just selling off at high prices, and one may accidentally become a bag holder.
Rather than blindly casting a wide net, it is better to concentrate on strong mainstream coins, as the efficiency and risk-reward ratio will be much higher.
The war has stopped, there are no negative factors left, crude oil has plummeted, leaning towards interest rate cuts, and from a technical perspective, it also tends to rise. Many cryptocurrencies have performed well; I personally feel that this wave is highly likely to move upwards.
CZ finally offered a sincere insight, stating that in the future only a few cryptocurrencies will reach new highs, and there will be no more altcoin seasons! Therefore, I once again advise everyone that if you hold cryptocurrencies ranked outside the top 10 by market cap, quickly exchange them for those in the top 10!
Today, stablecoins have slightly flowed out of exchanges. Without a significant inflow of stablecoins, caution is still advised; do not buy too many altcoins. Due to the impact of the Iran incident, Bitcoin has experienced a slight pullback, but Bitcoin on exchanges is still in a net outflow state. If there is a large amount of Bitcoin entering the exchanges, we will notify you immediately. Currently, the risk is not high!
With the current liquidity, there's no need to analyze what can be played and what cannot be played anymore. Those with money can play anything, while those without money should not play anything at all.
It was hard to find a presale that I thought I could participate in, but it's all been taken over by scientists, and retail investors can only take the leftovers.
Previously, I could observe what others had insider information about, thinking I could hitch a ride, but now all the inside news is at its peak as soon as they tweet.
BTC Originally, I was thinking about a pullback to the 12-hour tunnel, but now we can't even effectively break below the 6-hour tunnel. Only some mainstream coins are holding strong, while most altcoins are still weak. However, I still believe that Ethereum can pull the altcoins up.
The candlestick chart, like a knife, tears apart greed and fear, the blood-red screen reflects the悲歌 of countless retail investors.
By identifying classic patterns, we can more accurately judge the conversion of bullish and bearish forces and grasp trend turning points or continuation opportunities. However, it should be noted that technical analysis is not infallible and should be combined with an overall assessment of the market environment and fundamentals!
Today's cryptocurrency market trends are difficult to predict accurately, and short-term fluctuations are no longer important.
You have initiated a position holding strategy, patiently waiting for a rebound, demonstrating a profound understanding of the cycle. Indeed, the core advantage in the cryptocurrency market lies in time rather than cash flow.
Buying at historical lows has a high probability of rebounding within three years; both bull and bear markets require time to settle.
Your mindset—calm buying, patient holding, and elegant selling—aligns with the beauty of market cycles.
The timing of a rebound after a full position is unknown, but persistence in low-level layouts will pay off when winter gives way to spring.
Continue to observe and wait for the rain to pass and the sky to clear!
CZ calls on platforms to establish 'crypto inheritance' functions: regulation should allow minor children to have accounts, Binance launched the service in June
Binance founder Zhao Changpeng (CZ) reminded in a post this afternoon on X that digital wealth lacking an inheritance channel after the holder's passing may forever sink into a black hole. He called on every platform to establish a 'will function' and mentioned that regulatory measures should allow minors to have receiving accounts.
Binance launches inheritance function CZ spoke on this topic because Binance launched the 'Emergency Contact and Inheritance' function in mid-June, allowing users to designate trusted individuals to assist legal heirs in obtaining assets after submitting notifications and legal documents. Community users have already seen this function after updating the app.
In the past When US stocks rose, the crypto market also rose. When US stocks in AI rose, the crypto market's shoddy AI also followed suit chaotically.
Now When US stocks rise, the shoddy ones plummet; When US stocks and crypto stocks rise, the related crypto market seems to be dead.
The essence is that institutional funds in the crypto market have exited, and the shoddy market has entered a "structural bear market," where taking medicine and getting injections no longer help.