The day before yesterday, I just said that the cryptocurrency market will always have a big drop, but it fell sharply yesterday. Of course, I didn't run away either. It's too difficult to achieve unity of knowledge and action.

I feel that it should not have reached the top yet. After all, the expectation of interest rate cuts is still there, and the probability of interest rate cuts in December is currently 90%. Just wait for the lottery on December 16.

But I am more worried about the US CPI data to be released at 21:30 tonight. Could it be that the data is negative and the market reacted in advance?

Let's summarize a few insights from yesterday:

1. When choosing a project, you should not only consider whether it can rise, but more importantly, whether its increase can exceed high-quality assets such as BTC. Otherwise, just hold the currency and don't move. (Of course, the facts prove that there are really few that can outperform BTC).

2. Remember to double the capital and don't fall in love with the project. Most coins only have one wave of opportunities and will be forgotten after a while. After all, everyone is thinking about buying new instead of old

3. Try not to chase high prices and try not to buy coins that have risen sharply. The coins that have risen sharply indicate that the main force has made a profit. If you buy again, the main force will leave at any time, and you will be standing guard on the top of the mountain.

4. Don't operate frequently, don't block the band, and try to make long-term investments. There are too many sharp rises and falls in the currency circle. Don't just see the thief eating meat and not the thief being beaten. Hold on to BTC

5. There is too much information in the currency circle every day. Pay attention to screening. If you don't have time to pay attention to each one and read each one, you should pay attention to mainstream projects. Especially projects invested by binance.