Live trading day ten, today's operations, short tut, short myx, short fun Haha, it seems that I have become a short seller lately, these few haven't dropped much, some were stopped out with small losses, and some were opened at not-so-ideal positions tut had the best entry point, entered immediately on the first small-level reversal myx had a feeling it was going to drop, but the stop loss was still set a bit too small fun was shorted a bit too low, I'm out and don't have a computer to monitor the market
1500u live trading day nine Yesterday I closed the banana31 short position, and the tragedy is that this afternoon I mistakenly hit the close button on the wrong position and took profits on the short. Originally, I wanted to hold it for a few days, sigh~ I still need to reduce trading, focus on shorting high-level fake breakouts of clones, and going long on good breakouts of clones, or leading stocks, with fewer unnecessary trades. The Tao Te Ching says: To learn more each day, to pursue the Dao less each day, decreasing and decreasing again. Trading is the Dao, so decrease and decrease again, and improve!
Real Trading Day Eight Today, I was stopped out all day, mainly from the long and short positions on the banana31 coin, the long position on myx, and the short position on sign, which were basically all false breakouts. Now, it's very difficult to make money with the normal routines in this circle; coins delisted by Binance soar, while newly listed coins plummet. However, recently I watched a lecture by the world's most amazing 24 speakers, which mentioned that we should look for reasons from within and not focus on the external world; just do our own trading well.
1500u Real Account Day Seven Today I opened three short positions on banana31, one went down and was protected, and just now I opened another short position. The market BTC is still quite strong, the US stock market's NASDAQ broke its historical high, pulling BTC up, but aside from BTC, everything else is not doing so well. I missed a few opportunities today, the long position on Binance's new coin H, the short position on DMC's reversal, and the long position on GPS breaking the 4-hour platform. I missed those opportunities due to not focusing on the market; I need to focus, focus!
Short-term live trading day six In the last two days, Bitcoin has experienced significant fluctuations, and the only remaining short position is home. I have tried going long on Solv for a few days, focusing on breakouts, but each time it breaks out, it falls below the turning point. I just tried buying at the bottom, but if it hits my stop loss again, I won't stubbornly pursue it anymore. It looks like a good structure, but in reality, it's quite deceptive. The overall market, BTC, is still fluctuating and basically follows the movement of the US stock market. If the US stock market breaks new highs, Bitcoin also has a chance to break new highs again.
1500u Short-term Real Trading Day 5 The market plummeted, but the altcoins hardly followed the drop Continue holding yesterday's short position, and opened two new short positions without being able to short further There was a shorting opportunity for ETH yesterday, but I didn't dare to intervene, as shown in the picture, a small level reversal, to put it simply, if it should rise but doesn't, it will fall! The convergence pattern of Bitcoin and Ethereum should have risen but didn't, making shorting very cost-effective, with a relatively small stop-loss and a high risk-reward ratio. Next time, I need to be brave enough to try.
1500u real account fourth day, currently holding three short positions as shown in the picture bob has closed all short positions, the decline has gone down 2 major waves, and uncertainty has increased afterwards home has left half of the position short to continue betting on the subsequent downtrend, preparing to hold for a longer period last night I missed a big profit, in the early morning during the siren rebound I went short, but unexpectedly it surged again in the early hours hitting my stop loss, actually when I woke up it dropped again and I should have continued shorting, missed the opportunity.
1500u Short-term Real Trading Day Three Home short position was closed halfway, Bob's short position was closed three-quarters Today opened a short position on B with the goal of new coins converging and breaking to start the main downtrend, ETH's small scale breakout for long is currently not looking ideal, the reason for going long on SOLV is that the large-scale head and shoulders bottom pattern is very good Currently, Bitcoin is rising on a small scale, because the breakout position outside was not executed, later did Ethereum, Bitcoin's large scale is still focused on the 110k position
On the second day of the 1500u live account, BTC is still in a volatile trend after a significant divergence following an overall upward movement in three waves. I continue to hold the short position on home, and the protection on the AIXBT short position was stopped out for profit. In fact, the AIXBT short position could still be held. In the afternoon, I successfully shorted BOB twice. I actually shorted when the downward trend of BOB first started, but unfortunately, I couldn't hold on. The same goes for the LA short position. Remember the four words in trading: cut losses and let profits run.
Real trading record of 1500u short-term trading on the first day. I want to keep a record for a year. Currently holding short positions in home and aixbt. Recently, the BTC market has been in a volatile phase after completing the third wave of significant divergence, while altcoins continue to decline as always. Therefore, the current market is only suitable for shorting altcoins. The targets for shorting altcoins are well-converged patterns, and then shorting, as shown in the chart for home and aixbt. Home's reversal to short is highly cost-effective when new coins reach a high position to short.
The lower will be lower, and the higher will be higher. For example: when the cryptocurrency market crashes, it can drop by ninety percent. Do you think that's the bottom? Go check the recent trend of sats; it can drop countless percentages. The high will be higher; for instance, you think 3000 for gold is too high and want to short it. Well, sorry, it will continue to set new highs. The law of the strong in the cryptocurrency world aligns with human nature. Laozi's Dao De Jing says, 'The way of heaven is to diminish the excessive and supplement the insufficient, while the way of man is to diminish the insufficient and devote to the excessive.' This reflects human nature. The Western Bible refers to it as the Matthew Effect: the strong getting stronger. In the TV series 'Tian Dao,' Wang Zhiwen speaks of the attributes of a strong culture, which embodies this idea.
Can the United States really print dollars without limits? No, there is a critical point that could cause a crisis: the U.S. debt crisis! The fundamental issue that Trump addressed was the U.S. debt crisis, so the problem is clear. They dare not print a large amount of money, so it will be very difficult for the U.S. to rebound sharply like during the pandemic in 2020. The stock market is unlikely to rise, and it is estimated that Bitcoin will also struggle. The cycle and debt are key to this round of adjustment. The next two books to look at can also be decided: the debt crisis and principles [grin] $BTC #美国加征关税
I remember when I first entered the space around 2018, I bought an act. Back then, public chains were quite popular, and this act was indeed focused on public chains, created by a Chinese person with the surname Cui, but it gradually went to zero. History always repeats itself; I didn't expect that even the name would be the same. This round, AI is quite popular, and now there's another act focused on AI, which will likely also go to zero. Most coins, except for BTC, will probably go to zero as well. By the way, back then, there was a self-deceiving saying: 'Don't worry about spot trading; the project team is working hard to hold on!' I also appreciate those altcoins that went to zero back then, as they made me realize that altcoins are basically Ponzi schemes in the crypto space, and they are not illegal. So this round, I basically hold BTC and have made money. #ACT
The green dots are the points where MicroStrategy buys Bitcoin [covering face] Does he have any skills? No, he just buys randomly. If he has money, he buys. If he doesn’t have money, he borrows money to issue bonds to buy. If he doesn’t have money, he sells stocks to buy. He has bought 100,000 bitcoins and 10,000 bitcoins. He never sells. He just keeps buying and making money [covering face]$BTC $BTC #bybit被盗
The first phase bubble of Crypto AI has burst, but AI remains the most certain investment theme for 2025.
First, recharge your faith: 1. Policy dimension, governments around the world have placed AI in an important position within national development strategies, vying for a dominant position in global competition.
2. Capital dimension, tech giants continue to gamble on AI, with SoftBank, OpenAI, and Oracle committing to invest $500 billion. The 'stock god' of the U.S. Congress, Representative Pelosi, has also made significant bets on AI by purchasing call options for AI companies.
3. Industry dimension, DeeSeek has sparked a new revolution in cost reduction and efficiency enhancement in the AI field. Although it has pierced through the temporarily inflated valuations of the AI bubble, it is beneficial for the long-term development of AI and is expected to promote more large-scale applications.
My personal logic share regarding some domestic KOLs' FUD on $Pi:
My personal logic share regarding some domestic KOLs' FUD on $Pi:
1. The so-called CX coin scam: if you download the Pi APP, you will know that Pi is mined for free, and you only need to check in once every 24 hours to mine automatically. They haven't collected a dime in six years.
2. The so-called advertising fees: First, ads can be canceled in your personal profile; just click a button, and after you check in, ads won’t appear. Most ads are for some foreign games, and the majority of Pi's user base in China consists of the elderly, as people commonly refer to them. For advertisers, Pi users do not bring any effective revenue; are advertisers fools? Of course, a few people might accidentally click to download, but even if they download, the elderly wouldn't know. Are you going to let an old lady play games? That’s ridiculous.
Most people will never own 1 bitcoin in their lifetime.
Here's a heartbreaking fact: most people will never own 1 bitcoin in their lifetime.
Not because they don't want it, but because there simply isn't the opportunity.
The data will tell you why most people will never have bitcoin again:
The total supply of Bitcoin will not exceed 21 million coins, but the actual amount in circulation in the market is far less than this.
* 18 million coins have already been mined. * 3 to 5 million bitcoins have been lost forever. * In the next hundred years, only 1.2 million coins can still be mined.
In other words, there are only about 16 million bitcoins that can actually circulate.