The market will start before we notice it, so you must buy the projects you like while they are falling. A fall is an opportunity to add positions, and a rise is an opportunity to sell. Many friends got it wrong. When the market rose in the past few days, they asked whether they could enter the market, but when it fell, no one asked. The short-term market pressure is still very high, and we must take a long-term view. For example, will the market start at the end of this month? Will the bull market start in two months? If you are worried that the bull market is gone now. Then why is the bull market gone? The US election, Bitcoin halving, interest rate cut expectations, etc. The overall environment does not support the idea that the bull market will go far, and everyone should have a clear understanding of this. So long-term positions must be held, and don't sell them at every turn. I like contracts, like to study the market, and study technology. Click on the avatar. I have increased my income by about 30 times in a month. Free sharing. I am online at any time. Welcome to discuss and make progress together. #以太坊ETF批准预期 #机构积极投资比特币ETF #MemeWatch2024 #芝商所拟推出比特币现货交易 #BTC走势分析 $BTC $ETH
Can you really get rich by speculating in cryptocurrencies?
If you only have 1,000 yuan, and you use it to invest in stocks, and you can multiply it tenfold in a year, that's already amazing, right?
But how many people can do it tenfold in a year? Even if they do, it's only 10,000 yuan.
But if you speculate in cryptocurrencies, the biggest possibility is that you will lose everything in three days, and there is also a very small probability that you will get rich. Why is that?
Because there is leverage. If you have enough knowledge, 1,000 yuan is your opportunity to counterattack.
Most people regard contracts as a scourge, but they don't know the importance of knowledge.
If an ordinary person doesn't play contracts, can he still get rich by hoarding Bitcoin?
Contracts are not terrible. Open a position at the bottom. Before opening a position, you must calculate the loss you can bear. If you do it right, hold it, and if you do it wrong, stop loss. Repeat this process, making money is that simple.
Many people think that contracts are poison, because they regard contracts as tools for casinos.
Remember, don't be a gambler.
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Looking at the cryptocurrency circle over the years, why can some people continue to make profits, while others disappear from the arena? The same market, a set of coins, why is there such a big gap?
In their words, reflect on it, it's all gambling anyway, what does it matter if you understand it or not? What does it matter if you learn or not?
Profit is the result, thinking is the process, money earned by luck cannot last, and money earned by accurate judgment is difficult to lose.
What causes the cognitive gap in this circle or the gap in the understanding of the cryptocurrency circle to be so large? What kind of behavioral habits make many people unable to make profits?
The importance of basic skills
Do you know what you bought? Is this a game of passing the flower? What is digital currency and what is virtual currency? What is the logic behind it?
How many people can answer it?
Not understanding, entering without thinking, making money, losing money, this is the thinking habit of countless people, who else can such people cut if not you?
It is said that blockchain is a decentralized revolution, how did it revolutionize you? Wrong, it didn't revolutionize you, it revolutionized the lives of centralized institutions.
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1: Fixed investment in mainstream and leading cryptocurrencies
Fixed investment is more profitable than a one-shot investment. If you buy all at once and the price drops later, it will be difficult for you to cover your position. Looking at the low price, you can't store more coins, which is particularly uncomfortable. The opportunity to lower the cost is missed. Even in a bull market, your income is much less
2. Improve the ability to make money off-site
The main thing in the market is to buy coins and store more coins. If you want to hold coins, you have to improve your ability to make money off-site. The ability to make money depends on the work you do. If you still have a lot of time at work, invest more in yourself, learn more things, and learn more skills.
3. Invest more in areas you are familiar with
Invest more in areas you are familiar with, so that you can better control risks. If you don't understand something, you will lose more if you invest. Investing in areas you are familiar with increases cash flow. With cash flow, you can get more income, so you won't sell your valuable coins because of price drops
4. In-depth research on hot money trading skills
Be familiar with the development trajectory of historical hundred-fold coins. You need to establish your own money-making trading strategy and continuously optimize the idea of selecting coins and timing in practice
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What is the first currency to rise in the bull market! What is the first to rise the most?
In the wave of the bull market, which currency tends to emerge first and show strong upward momentum? The answer is not those altcoins, but Bitcoin (BTC). From 2023 to now, despite the constant market volatility, BTC has maintained a steady increase, and the two-fold growth proves its strong market leadership and investor trust. Therefore, I suggest that at least 40% of your asset allocation should be locked in BTC. In this way, whether the market is booming or a short-term correction, you can ensure that you are in a favorable position.
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After studying the RWA track, I thought of the BTM project. I used to do asset chaining, which is the current RWA. Changxi’s understanding of blockchain is still very advanced, but BTM was born at the wrong time, and finally trapped a lot of old leeks. Now it is basically the same as zero.
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The most difficult thing about cryptocurrency trading is not choosing coins, nor buying and selling, but life; the most difficult thing is not hard work, nor struggle, but choice. The decline is clear and impetuous, and the rise is a test that can be cultivated. Cryptocurrency trading makes us grow continuously, but it is painful. This pain does not come from growth itself, but in the process of growth, we have to face a lot of changes and unforgettable memories. For people with self-discipline in the cryptocurrency circle, pain is also joy; where there is hope, there is hell and heaven. In the cryptocurrency circle, retail investors always give up what has not risen and chase after what has risen; in life, people always cherish what they have not obtained and forget what they have. The reason why cryptocurrency trading loses money is not because of simple thinking, but because of complexity; the reason why people are happy is not because they get a lot, but because they care less. I like contracts, like to study the market, and study technology. Click on the avatar. I have increased my income by about 30 times in a month. Free sharing. I am online at any time. Welcome to discuss and make progress together. #以太坊ETF批准预期 #机构积极投资比特币ETF #MemeWatch2024 #芝商所拟推出比特币现货交易 #BTC走势分析 $BTC $ETH
The market conditions in recent days have been up and down. Bitcoin has performed better than before, and Ethereum has also risen slightly. The only thing that makes people feel upset is the altcoin, which is erratic and capricious.
First of all, I am still optimistic that the main rising wave will come in July and August. This is a belief and it is inevitable. Bitcoin is expected to break a new high in the second half of the year. For all current market participants, it is in the interests of everyone to make the cryptocurrency cake bigger. We make money from the incremental funds entering the market. How to attract incremental funds requires the money-making effect of the super bull market.
I am not worried about Bitcoin at all. In this round of bull market, Bitcoin will definitely reach more than 100,000 US dollars. The altcoin is now going up and down repeatedly, constantly wearing out the funds chasing the rise. I think it is a precursor to a bottoming out and a big rise. When it reaches a certain temperature, it will launch a wave of crazy gains. The altcoin market needs monster coins to activate trading enthusiasm.
Based on the above predictions, what strategy should we adopt! Buy when the spot market falls, and then be a friend of time, hold it for 3-6 months, and don't sell it unless it doubles 3 or 5 times. Don't be afraid of the drop, don't be greedy when it rises, and remember the principle of capital first.
The first half of the year is about to end, and the second half of the year will officially enter the interest rate cut cycle. The liquidity of the market will recover again. Brothers, hold on and make sure you have chips left on the table. Jinlin is not a pond thing, it will turn into a dragon when it encounters wind and clouds.
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According to WhaleAlert monitoring, 250,000,000 XRP were transferred from Coincheck to an unknown wallet, worth about $129,015,796.
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On May 20, Xianyu issued an announcement on May 17th on the special governance of digital collection-related products. It stated that due to the recent exposure of false propaganda, transaction fraud, illegal fundraising and other risks in digital collection transactions, in order to protect the legitimate rights and interests of the majority of users, maintain the healthy ecology of the Xianyu community, and prevent financial risks, the release of digital collection-related products in the Xianyu community will be prohibited from now on, and digital collection-related products will be removed from the shelves.
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According to the official website of the Hong Kong Monetary Authority, the second phase of the "Digital Hong Kong Dollar" pilot program requires applications to be submitted via email on or before May 17, 2024, last Friday. The application has now ended. The HKMA expects to interview the shortlisted applicants in May or June 2024, and the details will be notified to the shortlisted institutions.
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Ethereum investors are looking for promising new altcoins, focusing on cryptocurrencies such as PAW (PawFury), XRP (Ripple), VET (VeChain) and ADA (Cardano). Among them, PAW is valued for its pre-sale performance and community support, with a predicted return on investment of 20 times. Other cryptocurrencies such as XRP are attractive in cross-border payments, VeChain provides practical applications, and Cardano emphasizes sustainability and scalability. Make sure to take the lead in the PawFury pre-sale and enjoy an additional 10% bonus offer.
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The FBI has arrested two people, Li and Zhang, who are accused of orchestrating a money laundering scheme involving more than $73 million in funds funneled through U.S. financial institutions. The scheme ultimately converted the funds into Tether (USDT), which authorities claim was part of a multi-million dollar scheme to launder money from a "pig-killing" cryptocurrency scam. If found guilty, they face up to 20 years in prison on each count, for a total of 140 years
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According to Scopescan, a whale deposited 15,000 ETH (46 million USD) into Kraken today when the price of Ethereum was 3,071 USD. The whale still holds 105,000 ETH (331 million USD).
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On May 20, BlockBeats reported that the decentralized AI proxy chain AgentLayer plans to launch the third phase of its project on the AltLayer testnet in June. This phase will leverage AltLayer's customization and scalability features to enhance the platform.
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Who is Satoshi Nakamoto, the father of Bitcoin? Today, the number of people who have traded BTC in the world has exceeded tens of millions. According to the historical high price of Bitcoin on March 13, 2024, which is nearly 74,000 US dollars, Satoshi Nakamoto's approximately 1 million Bitcoins make his net worth reach 74 billion US dollars, ranking 21st in the world. However, it is worth noting that a large part of the net worth of those ranked ahead of him, such as Musk and Buffett, is composed of equity. Satoshi Nakamoto is the only one who has all liquid assets. If calculated only by liquid assets, he is the world's richest man today. So, who is he? In October 2008, Satoshi Nakamoto, the founder of Bitcoin, released the Bitcoin white paper. On January 3, 2009, the first Bitcoin block "Genesis Block" was mined, launching the cryptocurrency and blockchain movement. After building the Bitcoin architecture, he gradually disappeared. No matter how people searched for him, they could not find his true identity. He completely decentralized himself. We only know a few things about him: he is proficient in computers and cryptography, he is proficient in Japanese despite his Japanese name, and he understands the stock market. Although Satoshi Nakamoto has disappeared, Bitcoin and blockchain technology are still preserved. It doesn't matter who he is, but if he comes back to sell his 1 million Bitcoins, even if he only sells one, it may have a significant impact on the market. This is the charm of Bitcoin. I like contracts, like to study the market, and study technology. Click on the avatar. I have doubled about 30 times in a month. Free sharing. I am online at any time. Welcome to discuss and make progress together. #以太坊ETF批准预期 #机构积极投资比特币ETF #MemeWatch2024 #芝商所拟推出比特币现货交易 #BTC走势分析 $BTC $BNB
Today, let's talk about El Salvador. When it comes to Bitcoin, you must know El Salvador,
A country that became the first in the world to accept Bitcoin as legal tender in 2021. Starting in November 2022, President Bu of El Salvador announced that their government will start buying one Bitcoin every day. El Salvador also launched the first Bitcoin mine powered by volcanic geothermal power, launched a government-designed digital wallet application, and set up a batch of Bitcoin ATMs. If you want to describe El Salvador in three words, it is inseparable from high crime rate, high murder rate, gangs and violence. It is also known as one of the most dangerous countries in the world. Before 2021, the US dollar was the only legal tender in the country. Until 2021, the Salvadoran Congress officially voted to pass the Bitcoin bill. The world has the first country to use Bitcoin as legal tender. The move of the fund to use Bitcoin as legal tender has been criticized by many. Ethereum co-founder Vitalik Buterin also believes that the behavior of the President of El Salvador is a wrong demonstration. The International Monetary Fund also asked El Salvador to repeal their Bitcoin bill. The economic situation in El Salvador is not optimistic. At the end of 2021, the country's debt accounted for 85% of GDP, but after adopting Bitcoin, El Salvador's GDP grew by 10.3% in the first year. As a country with a large number of poor people, El Salvador's Internet penetration rate is only 45%. Bitcoin becoming legal currency seems to be extremely unfavorable for people struggling on the poverty line. But even so, in February of this year, 94% of Salvadorans still planned to vote for Bukele to continue to serve as president, and did not give up their support for him because of the Bitcoin plan. A venture capitalist known for Bitcoin price predictions said that Bitcoin may be El Salvador's transformation from the poorest and most crime-ridden country to one of the most innovative countries in the next 30 or 40 years.
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There was no market for two days over the weekend, and I believe everyone has had a good rest. Today is Monday, a brand new beginning, everything starts from scratch, are you ready?
From the perspective of weekly K, since the previous high of 73700, the market has been in the stage of pressure testing and falling, but it has always been running above the middle track. At present, the weekly K has turned from negative to positive, and the shape has a taste of bottoming out and rebounding. The previous lower support of 56500 has also come to 60000 as a strong support with the rise in the price ratio. The overall trend shows signs of continued rise.
From the daily level, the overall structure is in a continuous positive rise. The price ratio was suppressed and pulled back when it touched the 67500 line, but the energy of the pullback was relatively weak, and it did not give much time. The current market is in a high-level consolidation and repair. From the overall structure, it is still a multi-head trend. If the head wants to strongly regain lost ground without news, it is difficult to get out of the deep decline. K God personally prefers to break the new high.
This week, we will focus on the first stage of 68,000 resistance and the second stage of 70,000. If both lines of defense are broken, the historical high will likely be refreshed. Below, we will focus on the support of 63,000. If the decline continues, we must be prepared to turn around in time.
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I asked you to buy Pep E and Shibi this morning. I don't know if anyone bought them. I've said that they have been falling for two days. You can't wait any longer, because the market is always going up and down, and Bome's circulation and reputation are here. You will never reach the lowest point if you wait. Now I'm not sure whether it will rise, but this morning I definitely think the chance of it rising is relatively high. If you never think about losing a little, how can you make money? You always think about buying at the bottom. I like contracts, like to study the market, and study technology. Click on the avatar. I have doubled my money by about 30 times in a month. Free sharing. I am online at any time. Welcome to discuss and make progress together. #以太坊ETF批准预期 #机构积极投资比特币ETF #MemeWatch2024 #芝商所拟推出比特币现货交易 #BTC走势分析 $BTC $BNB