06世外桃源15

What makes Bitkin𝛑 stand out? A fair and open ecosystem, rejecting monopolies; a constant total supply, locking in value! The spring of retail investors has finally arrived! #Bitkin𝛑The charm of Bitkin𝛑: fair distribution, constant total volume, retail-friendly! There are no complex routines, no invisible risks, follow the trend and easily achieve financial freedom! #Bitkin𝛑

If you have witnessed the wealth miracle of Bitcoin, don’t miss the rise of Bitcoin𝛑! It leads the industry trend in the BRC20 track, and with strong consensus, it has made great strides towards its grand goals. Join us and seize the wealth opportunities given by the times!

$BTC newbie, I want to ask why I'm using 125x leverage, but I'm still making so little profit

How terrifying is Binance? I used to think that a coin on Binance dropping a hundred times, which is a 99% drop, was already exaggerated. However, this $beta that Binance is about to delist has actually dropped a full two thousand times from its opening high, which is 99.95%. If you bought in at 2000u, it is now only worth 1u$BETA

In the crypto world, if you have a capital of less than 50,000 and are eager to stand out quickly through short-term trading, then you must carefully study this post. After reading it, you will have a profound understanding of the essence of short-term trading!
Avoid the three deadly behaviors, adhere to the three don'ts principle
1. Never chase the price: An increase in coin price does not necessarily mean an opportunity has arrived; it may just be the prelude to a trap set by the market makers. It is better to patiently wait for the price to retrace to the moving average, or to enter the market when the MACD indicator shows a second golden cross.
2. Avoid going all-in: A complete gamble undoubtedly hands your fate over to the market makers, leaving you at their mercy.
3. Do not go in with a full position: Always reserve 30% of cash. This way, you can buy the dip when the price crashes, and add more when it surges, keeping the initiative firmly in your hands.
Remember six maxims, accurately grasp the market, and harvest the main force
1. High position consolidation hides dangers; low position bottoming waits for takeoff: The longer the consolidation period, the greater the force of the subsequent breakout.
2. Watch and wait during consolidation; do not participate blindly; act only when the breakout direction is clear: Over 80% of losses occur because traders cannot control their impulses and operate recklessly.
3. Buy quietly on shrinking bearish lines; sell decisively on expanding bullish lines: Do not be swayed by market emotions; operate in the opposite direction to profit from panic selling.
4. Do not rashly pick up during a sharp decline; wait for a rebound during a slow decline: After a sharp drop, there is usually a rebound, while a slow drop may create new lows.
5. Sell more as prices rise, securing profits; buy more as prices fall, lowering costs: Use the pyramid building method, which can even lower costs below those of the market makers.
6. After sharp rises and falls, consolidation is the norm: Do not easily guess tops and bottoms; wait for the market to choose its direction on its own.
Please remember: Trading strategy is the sharp sword to defeat the enemy, while discipline is the strong shield to protect yourself. If the inner demons of greed and fear are not eliminated, the risk of margin call will always follow.

Bitkin𝛑 is out of the circle! Fair issuance and reject control by the project party. High circulation volume is in line with the zero-breaking effect, activates retail investors' enthusiasm, and stands out on the BRC20 track! #Bitkin𝛑 35943686340

The Price Plummet of FIL: A Misunderstood Gem or an Inevitable Bubble?

The sharp decline of FIL has indeed caught many off guard, after all, it only took a few years to drop from peak to trough. Once a star project, its price has fallen by 98%, even being mockingly referred to as a 'junk coin'.

We need to understand why FIL plummeted. The value logic of FIL for a long time revolved around mining economics rather than actual storage demand. In the early days, due to speculative hype among miners and heightened market sentiment, the price of FIL shot up quickly. Especially in 2021, a large influx of miners led to a surge in FIL demand, and the coin price once soared to $238. However, as market enthusiasm waned and staking demand decreased, the price of FIL began to decline steadily.

When miners realized that the mining returns of FIL were far below expectations, coupled with early investors continuously selling off, FIL fell into a 'bottomless abyss'. Additionally, FIL itself has a relatively high inflation rate, with a fast release speed that the market can't sustain, causing the price to naturally falter.

FIL also faces competitive challenges in the market. FIL's decentralized storage solution aims to replace traditional cloud storage services like AWS and Google Cloud. However, the reality is that the stability, pricing, and convenience of traditional cloud storage services far exceed those of the FIL network, making FIL's advantages not very apparent.

Moreover, FIL is actively pursuing technological upgrades, launching the FVM (Filecoin Virtual Machine) to attempt to transform FIL from a pure storage network into a smart contract platform.

How much can FIL rise in the future? No one can provide an accurate answer to this question as it depends on multiple factors. If Web3 storage experiences an explosion, FIL could indeed rise again, returning to the price range of several tens of dollars or even over a hundred dollars.

For those looking to invest in FIL, it is advised to view the risks rationally. First, one must clarify the investment logic of FIL; it is no longer just a mining coin but is gradually evolving into a decentralized storage ecosystem. If you agree with this direction, you might consider entering at lower prices.

However, if you are only looking to gamble short-term, FIL might not be the best choice. Secondly, it's crucial to manage your position well and not heavily bet based on momentary market sentiment.

FIL once dropped from $238 to $4, a decline that not all investors can bear.