Those little-known facts about short-term trading: 1. In short-term trading, the motivation for short selling comes from the short side, and similarly, the behind-the-scenes pusher of the long-term obstruction is often the short side.
2. Real bulls will not blindly predict an increase, but tend to expect the market to fall, because such a decline can create a better opportunity for them to intervene.
3. Real shorts do not blindly expect the market to continue to fall. Deep down, they actually desire to rise so that they can arrange short orders at high levels.
4. Most of the people who pursue profits in the market are small investors. For large institutions, they are like the power of public opinion being used, just a means. Once they successfully attract new investors to enter the market, the institutions will start to reap the benefits.
5. The rise or fall on the K-line chart may be deceptive, but the bottom pattern is relatively more credible.
6. The core factor that affects the size of your spot trading profit margin is not the extent of the price increase, but the time you choose to enter the market. #BTC要挑战7W大关了吗? #特朗普家族加密项目 #美国大选如何影响加密产业?
Many people are learning various techniques, drawing, indicators, or news... In fact, these are not the core of trading;
The core of trading is two points:
1. Mentality, a good mentality, not upset by losing money, not happy by making money, to put it bluntly, do not treat money as money;
2. Make big profits and small losses, lose small money when losing, and make big money when making money.
The core of trading is these two points, as long as you can do these two points, you can make money.
You think K-line is important, but in Livermore's era, there was no display, not even K-line, and the prices were all reported by telegraph machines and copied on the blackboard. How did he make money?
Of course, if you want to make a lot of money, you also need courage.
If you don't understand the cycle of cryptocurrency trading, it will be in vain in the end. The cryptocurrency market is a highly cyclical market, which can be divided into five cycles and two main stages: three cycles belong to the bear market and two cycles are the bull market. These five cycles are constantly alternating, forming the overall trend of the market.
These five cycles are: falling cycle, bottoming cycle, washing cycle, pull-up cycle and delivery cycle.
From the recent market, we are in the bottoming stage in 2023, and it is expected to enter the washing cycle in 2024, the pull-up cycle in early 2025, and the market may enter the delivery stage by the end of 2025. #BTC要挑战7W大关了吗? #特朗普家族加密项目 #美国大选如何影响加密产业? There is no threshold to enter the community. We must recognize the situation and ourselves. Please build a complete plan for yourself. When to buy? When to sell? What target to buy and what is the strategy? How to do risk control, circle communication is always better than fighting alone.
The copycats are a bit difficult to deal with these two days!
Obviously there are good signs of starting, but they are always led by the big cake. What's more annoying is that it just hits the stop loss and then starts to rebound strongly. This is very psychological! Brothers, you must maintain a good mentality so that you can seize the opportunity when it comes! Let's firmly blow up the dog village together!
Why do so many people like to increase their positions with floating profits? Simply put, it means to continue to increase your positions when you have made money. This is also called rolling positions, which can quickly increase your funds. Let's talk about how to operate it.
Take buying reef as an example. You use part of your money to buy some reef at the beginning. After a period of time, the price of reef goes up, and then you have a profit in your account. If you think the price of reef will continue to rise in the future, then you can consider increasing your positions with floating profits.
For example, you buy a certain amount of reef at the beginning, and when the price of reef rises, you have a profit in your account, then you can take out some more money and continue to buy reef. In this way, if the price of reef continues to rise in the future, you will make more money.
However, there are risks in increasing your positions with floating profits. If the market conditions suddenly change and the price starts to fall, the part you increase your positions later may lose money soon, and you may even lose all the money you earned before. Therefore, when increasing your positions with floating profits, you must carefully judge the market trend and do a good job of risk control.
First of all, you have to have a deeper understanding and analysis of the market. Look at various technical indicators, market news, etc., to determine whether the market will really continue to move in a direction that is favorable to you. If it is just a short-term price fluctuation, but you mistakenly think it is a big trend and rashly increase your position, it will easily go wrong.
Secondly, you must control the proportion of increasing your position. You can't use all your money to increase your position at once. You have to reasonably arrange how much money you can afford to increase your position according to how much risk you can bear and the market situation. For example, you can only take out a certain proportion of money to increase your position each time, so that even if there is an unexpected situation in the market, your loss will not be too large.
In addition, you have to set a stop loss. If the market trend is not what you think, and the price falls to a certain level, you have to stop the loss quickly to prevent the loss from getting bigger and bigger.
In short, increasing your position with floating profit is a risky but also high-yield operation method. When doing this operation, you must carefully analyze the market and control the risk so that you can make more money. #美国大选如何影响加密产业? #BTC要挑战7W大关了吗? #特朗普家族加密项目
Many people asked me if I had closed my positions, and I said I hadn't.
In the morning, the price of Bitcoin dropped to 66,600, and I had a profit of $1,000 at the highest point.
However, considering the ratio of profit and loss, I didn't close my position and went to sleep.
When I woke up in the morning, the market reached 67,800.
Although the trading volume of online goods has increased a bit, it is still the Heyue users who drive the price up.
I think this is all a false impression. When I opened this short order, I said that the profit and loss ratio is 1:3. Either stop loss or make a big profit.
TURBO's profit has made up for the loss of Bitcoin, so if I stop loss on this order, it will be in vain. If I make a profit, I will have $3,000 in my account. I am not afraid of anything now. Now I have encountered the strong pressure below the daily line, and then wait for the decline. #美国大选如何影响加密产业? #BTC要挑战7W大关了吗? #BNB涨至600 There is no threshold to enter the community. We must recognize the situation and ourselves. Please build a complete plan for yourself. When to buy? When to sell? What to buy and what is the strategy? How to do risk control? It is always better to communicate in the circle than to fight alone.
The dog dealers in this round of bull market are too cunning. The cottages consolidate for so long each time. The time for take-off is short and weak, just like a man with kidney deficiency, listless. The most worrying thing is that retail investors will go to buy cottages. The dog dealers will continue to harvest from the cottages. Then they will continue to increase their Bitcoin positions with the harvested money. The more retail investors insist on cottages, the smaller the dog dealers will be. There is no longer the spectacular scene of ten times or dozens of times in the past. Don’t expect any single coin to increase five or ten times in this round. If you make 2.3 times in the long run, you have to change your position. It’s too difficult. #美国大选如何影响加密产业? #BNB涨至600 #BTC要挑战7W大关了吗?
After watching the market, I sometimes feel sad for the market. It is even sadder for the leeks, whether they are calling for a bull market or a bear market. When BTC rises, the altcoins are motionless. As soon as BTC has a slight correction, the altcoins start to fall. How short of money is the market? It is not that the price of bitcoin has risen, but that the bull market has started. It is recommended to look at the market rationally! ! !
When most people react and start shouting bull market, it is often the beginning of violent wash (at least not now).
The further the bull market goes, the more difficult it is to operate. Because in the rising stage before halving, the market has "fed" everyone's bull market thinking very well, and everyone dares to buy and hold positions. The next wave of violent wash lasted for several months, making everyone dare not hold positions anymore, and they were eager to run as soon as they made a little profit. As a result, the market started to rise again. In the end, you were either forced to chase high or unwilling to get off the bus. Finally, a new bear market came and everything was back to zero.
Looking at the market's movements, sometimes I find that it is the sadness of the market
It is also the sadness of the leeks, whether they are shouting bull market or bear market
BTC has not yet adjusted much, and the altcoins started to fall yesterday and today
How short of money is the market? It's not that the big cake has risen or the bull market has started
In addition to contracts, you can increase leverage in both directions. In the spot market, except for the big cake, it's okay. For other things, unless you run at a high point and wait for the bottom and then buy in now, there is a profit. Most people are still trapped at the top of the mountain or halfway up the mountain, just thinking that the big cake can reach this position, and the altcoins can rise to some extent. The current fact is that the altcoins are not moving, that is, they don't rise, but fall. Once the big cake moves a little more and pulls back, a group of people will be trapped again. Of course, this market does not lack people who do contracts in both directions. The air force was dealt with badly this time, but the volatility is large, especially like the market the day before yesterday, the long army will not have an easy time. In the end, the gouzhuang won, and there is no long-air winning.
Why Meme Tokens Are Growing in Popularity Of course!
Here are a few reasons why Meme Tokens are growing in popularity:
➡︎ Community Engagement: Meme tokens often have strong communities built around them, driven by shared humor and culture, which can lead to viral adoption and increased engagement.
➡︎ Low Barrier to Entry: Meme tokens are often seen as a low-cost entry point into the cryptocurrency market, allowing more people to participate and invest.
➡︎ Social Media Craze: Meme tokens thrive on social media platforms where they can easily go viral, attract attention and drive demand.
➡︎ Speculative Trading: Many investors see meme tokens as an opportunity to make a quick profit due to their volatility, which leads to increased trading activity.
➡︎ Cultural Relevance: Meme tokens often leverage current trends and cultural references, making them relevant and appealing to a wider audience.
➡︎ Easy to Create: The barrier to creating a meme token is relatively low, which means new tokens can be launched quickly, increasing diversity and novelty in the market.
➡︎ Unique features: Some meme tokens offer unique features or incentives, such as token burns, rewards, or governance mechanisms, which can further attract users and investors.
Overall, the combination of community-driven engagement, social media presence, and ease of access make meme tokens an attractive and increasingly popular choice in the cryptocurrency space. #美国大选如何影响加密产业? #BNB涨至600 #BTC要挑战7W大关了吗?
The altcoins are really rubbish, they keep falling. The market looks good, but the account assets don't increase. It's really not easy to make some money, it's too hard to bear. Once you have a pattern, you will face the torment of floating losses. You can't sleep well or eat well every day. There is no buy volume in 15 minutes. Waiting for it to release volume in 15 minutes is like winning the lottery. It is recommended for friends who have not entered the market yet. You must buy coins with large trading volume and strong rebound every time. Don't touch the bottomless coins with no trading volume. If you buy the wrong one, you may face the risk of liquidation at any time. #美国大选如何影响加密产业? #BNB涨至600 #特斯拉转移比特币
In fact, the reason is very simple. Memes that come out of the chain, such as pepe, now have a market value of 4 billion and neiro 800 million. If you initially entered the market when the valuation was 1 million US dollars, then pepe has doubled 4,000 times and neiro has doubled 800 times.
In contrast, the infra infrastructure/VC projects listed on the exchange have a valuation of more than 1 billion when they go online. Even if they catch up with the altcoin bull market, how many times can they have room to increase in the future?
The core issue is the odds. Coming to the currency circle to speculate on coins, especially altcoins, is more or less a bit of a gamble. If the odds are too low, who would play! Of course, meme coins are easily rugged, but as long as you invest a small amount of money, it’s no big deal if you lose money.
On the contrary, those infra infrastructure/VC projects, if you invest a lot of money, it’s easier to hurt your bones if you cut them in half. #Meme浪潮持续,你看好哪一个? #BTC突破6W8 #美国大选如何影响加密产业?
The logic behind the recent surge in BTC can be summed up in several key points:
1. Trump's chances of winning are getting higher and higher, and funds in the market are waiting for the legalization of cryptocurrencies. This year, BTC is undoubtedly the protagonist.
2. BlackRock is also very supportive. Their CEO said that no matter who enters the White House, BTC will not be affected because it is a global asset class that transcends politics.
3. The expectation of a rate cut by the Federal Reserve is getting stronger and stronger, which is almost an open secret.
4. The compensation of Mentougou has been postponed again. It seems that there will be no more market crashes this year, and the currency circle can still take a breath.
Prediction of meme godfather Murad Madhov: 1) The next best performing asset will be meme coins, which will create millions, tens of millions, or even billionaires; 2) The rise of meme coins: opening a new era of encryption; 3) The meme track will be the main theme of the encryption industry in the future; 4) The ultimate dream of meme coins is to become the next religion; 5) This round of bull market is the meme bull, and liquidity will be firmly concentrated in the memecoin track #Meme浪潮持续,你看好哪一个? #BTC突破6W8 #美国大选如何影响加密产业?
Overview of financing information in the past 24 hours (October 17) 1. Social protocol The Arena completed a $2 million Pre-Seed round of financing; 2. Web3 social Layer2 solution Vue Protocol completed a $6 million financing; 3. African cryptocurrency trading platform Yellow Card completed a $33 million Series C financing; 4. USDh issuer Hermetica completed a $1.7 million financing, led by UTXO Management. #Meme浪潮持续,你看好哪一个? #BTC突破6W8 #美国大选如何影响加密产业?
Investors whose cheeks are swollen due to the fluctuations of Bitcoin should pay attention!
At present, the 4-hour strategy has not changed. Looking at the current trend, Bitcoin is forming a box range.
It is important to note that drawing trend lines like drawing triangles (triangle holding) can be misleading, so you must keep a close eye on this range.
The resistance line is at $68,000 and the support line is between $67,400 and $67,500. It is certain that the trend will inevitably develop in the direction of breaking through this box range.