Billionaire says these 3 altcoins under $0.50 could be the next Ethereum, whose ETH price rose from $2 to $4,500
The millionaire initially invested in Ethereum and held it from when it was worth $2 to $4,500, making a lot of money. He is currently focusing on three altcoins, which are currently worth less than 50 cents. The millionaire further believes that these altcoins - Rexas Finance (RXS), NEIRO ($NEIRO) and Stellar (XLM) - can develop like Ethereum and eventually dominate the cryptocurrency space. With the magic of the proposed concept, the security of loyal supporters and software that is not just on paper and helps to make profits, these tokens should bring huge profits to major investors.
For the market outlook after the election results:
If Trump wins: Expect more volatility in the market. We have seen a sudden and sharp upward reaction to the attack on Trump, which shows the market's intention. I think Trump's victory will attract institutions to enter the market on a large scale because regulatory uncertainty will be alleviated after the new administration takes office.
If Harris wins: The market may panic or sell off first, but after the panic subsides, participants will rationalize the result and the market may return to a slow upward trend. Eventually, a new macro narrative will emerge and traders will convince themselves that the market is in good condition, thus supporting the upward momentum. In this case, institutions will enter the market more slowly and cautiously.
I believe that no matter who wins, the direction of the market will be upward because a lot of uncertainty will be eliminated by then!
Bitcoin is approaching $64,000, a precursor to a bull market or a reappearance of a bear trap?
Recently, Bitcoin has quietly approached the key price of $62,000. Although the technical side is still weak, it has triggered widespread discussion in the market: Does this indicate the start of a new round of bull market, or is it another "lure more" trap?
Looking back at history, Bitcoin also experienced a similar consolidation period in 2023, but then suffered a sharp drop. The current trend is similar to it. However, it is worth noting that on-chain data shows that miners are not in a hurry to sell Bitcoin, and long-term holders are also holding on, which reflects their optimistic expectations for the future.
So, is the bull market really coming? In this regard, we should remain cautious and avoid being swayed by market sentiment. Although the on-chain indicators reveal some bullish signals, the MACD indicator shows a bearish crossover, indicating that there may be a risk of a pullback in the short term. If Bitcoin falls below 62,000, the next important support level will be at 54,000.
In summary, Bitcoin may be brewing a larger market volatility. However, whether this "bull market" can really start depends on the results of the competition between bulls and bears. For investors, while seizing opportunities, be sure to set a stop loss point and don't be too greedy.
Musk boldly takes a stand and supports political opponents, sparking heated debate
At a huge rally that brought together hundreds of thousands of people, Musk stood up and did not hesitate to rally his political supporters. This move undoubtedly demonstrated his firm stance and no wavering.
Why is Musk so committed to supporting his political rival? There may be multiple considerations behind it. On the one hand, he is dissatisfied with the way current policies handle immigration issues, believing that this may bring challenges to social security and the job market. On the other hand, he is deeply worried about certain social policies that may have a negative impact on families and the social environment. In addition, he also held different views on some radical social issues. Of course, the possibility of cooperation between the two parties in certain areas cannot be ruled out.
The rally took place in the key state of Pennsylvania, traditionally a key electoral area. Musk's encouragement of his supporters here will undoubtedly have a significant impact. However, the risks of this political statement cannot be ignored. How will Musk respond if the results don't go as expected?
From the perspective of an onlooker, Musk’s move is indeed full of variables. The political situation is complex and ever-changing, and the election results are unpredictable. His choices could bring big rewards, but they could also leave him facing some challenges. However, as a business leader, Musk must have thought carefully, and perhaps he has his own strategy and plan. We can only wait and see, hoping that this political statement will eventually reveal the answer.
Three altcoins that are about to explode in the bull market on October 7
Cryptocurrencies that are about to explode: 1. WOOF Akaza built WOOF, a utility token on the Solana blockchain with the vision of driving the development of Web 3.0. This decentralized community token aims to unify the Solana ecosystem through its token, decentralized exchange (DEX), and NFT marketplace. To date, the WOOF DAO has donated $10,000 in Bitcoin to support four dog-related charities in need. This community-driven project is led by an experienced team and aims to create the most decentralized and open-source meme coin and social token. Transparency is a top priority, which is why it has integrated a decentralized autonomous organization (DAO). Users can join the DAO by holding WOOFer NFTs or owning over 5 million WOOF tokens. The WOOF DAO is crucial to the decentralization of the project, allowing members to vote on its future direction.
First-line position reduction method: When the price of the currency rises away from the EMA5-day moving average, once there is a high volume, you must be ready to reduce your position. If it falls from a high position and falls below the EMA5-day moving average, reduce your position by one-third.
Second-line re-reduction method: When the price of the currency continues to fall and falls below the EMA10-day moving average, reduce it by another one-third.
Three-line position clearance method: If it effectively falls below the EMA30-day moving average, clear the remaining one-third. If it is a long-term value currency, it is recommended to keep half of the remaining position as a bottom position if it falls below the EMA30-day moving average.
If a negative line cuts off all moving averages like a guillotine, cut off a few of them during operation, and stop profit and stop loss according to the total position reduction. If the price of the currency rises back to a moving average in the future, buy back one-third of the position to avoid missing out.
Important news!!! Bitcoin successfully broke through the 63,500 mark!!
Yesterday, Bitcoin took small steps and those altcoins were advancing rapidly. It can be seen that everyone is looking forward to the big bull market.
But don't be impatient. The real madness is still to come. The price has to continue to rise, and everyone will be completely excited and go all-in at all costs.
I just took a look at BTC. It has firmly stood at a key position on the daily chart. Once the MACD golden cross appears, the morale of the bulls is greatly boosted. There is a high probability that it will rush up again later!
Some friends before were either too stubborn or didn't see through it. They didn't copy the bottom during the callback. Now they can only follow the trend.
In the short term, Bitcoin may fluctuate between 63,000 and 61,800 in the next two days.
It is also clear on the four-hour chart that the trend is diverging upward.
Now we have to adjust our strategy. For those coins that haven't risen much, such as floki, doge, and aave, you can take a look, or just buy them.
Of course, coins such as sui and wif that have risen for a while may have greater potential, but you have to be careful.
The bull market is going crazy next. I plan to ambush some good coins that can rise sharply, and then pick some with potential to hold until the end of the year. Friends who like spot trading, if you want the latest strategies and points, come to me
From a big cycle perspective, the view remains unchanged. There are some disputes in the small structure. Currently, the bottom trend line has not been broken. And the 1h structure has left the stage, which also means that the possibility of a new retracement has increased. The tail dry goods
1. Accumulate a little to make a lot: Don't underestimate every small gain, as it will add up to wealth.
2. Learn to deal with losses: Before making a profit, you must first learn how to deal with losses, which is the key to growth.
3. Patience and time: Stay calm. No matter how the market fluctuates, patience and time are the most precious resources.
4. Practice makes perfect: It is more important to do it yourself than to listen to others. Only through personal experience can you truly understand the market.
5. Overcome greed and fear: Before investing, examine your emotions and avoid greed and fear.
6. Reasonable trading: Buy and sell at a reasonable price, and avoid chasing high or low.
7. Steady and steady: Just like climbing a tall building, you need to take one step at a time to become a long-term winner.
8. Rational thinking: When you are confused, don't act hastily, and make decisions after calm thinking.
Let these wise quotes guide you to move forward steadily on the road of investment and towards success.
Important reminder: All suggestions are for reference only. The currency market is risky and investment should be cautious
The mad bull in the currency circle is coming in 2025: the last golden opportunity for retail investors? An in-depth analysis of the four major pushers
People often talk about the possibility of a crazy bull market in the cryptocurrency industry in 2025, and regard it as the ultimate opportunity for retail investors. There are four core logics behind it:
1. The U.S. economic linkage effect is significant The future market conditions are closely linked to the U.S. economy, and they will dance together with bulls and bears.
2. Expectations for water release after the election heat up After the U.S. election in 2024, the water release policy may be restarted, injecting strong impetus into the market, and the replacement of the president will add more variables.
3. Domestic Policy Risk Mitigation The haze of policies has dissipated, and the currency circle has ushered in a new dawn. After the complete withdrawal of mining, the influence has weakened, and the market has become more stable.
4. The rise of new forces With the influx of new groups of highly educated, young and well-off families, they may become new stars in the currency circle, leading the tide of funds and talents.
Macroeconomic benefits are emerging frequently, and the currency circle is ready for growth. At the micro level, the bull market will give birth to more economically free people. The popularization trend of Bitcoin is obvious, but it also indicates that the window of opportunity is gradually closing. History is always surprisingly similar.
I'm Allen, a lively and profound blogger!
It is better to teach a man to fish than to teach him to fish. The journey of Biquan is not only the accumulation of wealth, but also a leap in wisdom and experience.
Choosing when to stop is a particularly important thing
In the random process, there is a concept called "stop time". Simply put, when you are always at the gambling table, there will always be a time for you to stop. Why? Because you can no longer go on
This is a high-dimensional rule, and it has nothing to do with who you are or how awesome you are
But you can choose when to stop, and this step is the most difficult
How to buy stocks in a bull market to make the most money
Phase 1: Buy brokerages and insurance first. Phase 2: Buy cyclical stocks and growth stocks. Phase 3: Buy consumer stocks. Phase 4: PetroChina, China Railway, these large-cap stocks start to rise, which means the main force pulls up the index, sells, and runs away.
Now it is a general rise, and there will definitely be differentiation in the future, some rise fast, some rise slowly. See which sector is the strongest
Predicting the results of the US election: Trump will be elected
Reason: The US will withdraw from the Middle East. It needs a reason. The reason is that a new president has been appointed. Trump's policy is just right. Under the general trend, Trump's America First policy is the most suitable and the only chance for the US. If Harris wins, the US will weaken faster.
After making money, you must withdraw part of the profit to your bank card.
Many personal profiles say that they have tens of thousands to tens of millions, and then their accounts are liquidated. Whether it is true or false, if you have made tens of millions, is it difficult to withdraw only a few million to your bank card? 😅
CZ was in jail for 4 months and earned a total of $3 billion in prison, an average of $25 million a day. His current wealth is worth $130 billion, ranking 100th on the global rich list A true pride of the Chinese people
Coin friends Coin friends Coin friends, mainly divided into three categories:
1. Those who want to recover their losses from contracts or spot trading; 2. Want to recommend the target to buy and make money; 3. Those who simply want to get to know me or make money and send me red envelopes; The first type of coin friends account for the majority. In fact, they need to let go more. If they lose, they should admit the loss, pay for their own cognition, let go of the idea of making money to recover their capital, forget their past losses, and start to make money slowly with the principal in their hands from now on. Of course, if you still want to do contracts all the time, I would suggest you not to do it. I also believe that when the market has rubbed you enough, you will remember my advice. Whether you lose 1 million and only have 100,000 or 200,000 left, it doesn’t matter how much. The most important thing in fighting on the battlefield is the mentality. If the mentality is adjusted, half of the success is achieved. If your mentality is not adjusted well, you can’t go on. Losing money is the situation you will face in the long run. After the mentality is adjusted, we will further communicate about future plans.
Coin friends Coin friends Coin friends, mainly divided into three categories:
1. Those who want to recover their losses from contracts or spot transactions; 2. Want to recommend the target to buy and make money; 3. Those who simply want to get to know me or make money and send me red envelopes; The first type of coin friends account for the majority. In fact, they need to let go more. If they lose, they should admit the loss, pay for their own cognition, let go of the idea of making money to recover their capital, forget their past losses, and start to make money slowly with the principal in their hands from now on. Of course, if you still want to do contracts all the time, I would suggest you not to do it. I also believe that when the market has rubbed you enough, you will remember my advice. Whether you lose 1 million and only have 100,000 or 200,000 left, it doesn’t matter how much. The most important thing in fighting on the battlefield is the mentality. If the mentality is adjusted, half of the success is achieved. If your mentality is not adjusted well, you can’t go on. Losing money is the situation you will face in the long run. After the mentality is adjusted, we will further communicate about future plans.
SUI is strong, but it is still a good thing to hit it without breaking through the pressure range!
This wave of SUI's decline is reasonable. If it fails to effectively break through the important pressure range, it will inevitably be hit back!
Follow this 90% trend to make Dan, combined with the overall market situation and the flow of purple gold, this is why my winning rate is high.
It is better to grasp it than to guess blindly. Hurry up and follow the operation 👉OBTC Bi Sicong Is the overall market gradually warming up? A new round of opportunities is emerging!