有求必应

Bitcoin is actually prepared to harvest China. Bitcoin is used to launder money and transfer funds. For example, if you exchange assets for Bitcoin in China, and then sell them abroad for US dollars, you will successfully evade the supervision of banks and complete the flight and transfer of funds.

The existence of this virtual currency really poses a huge threat to the financial order of our country. Those lawless elements, taking advantage of the anonymity and untraceability of Bitcoin, wantonly carry out illegal operations and leave the interests of the country and the people behind.

Moreover, the price of Bitcoin fluctuates greatly and has no actual value support. Many people blindly follow the trend of investment and end up losing all their money. This not only causes huge economic losses to individuals, but also has a negative impact on social stability.

Our country has been strengthening financial supervision and cracking down on various illegal financial activities. For Bitcoin, which obviously has risks and hidden dangers, we must remain highly vigilant. We cannot let it become a tool for some people to seek personal gain and damage national interests.

At the same time, ordinary people should also keep their eyes open and not be tempted by the so-called high returns. Investment should still go through formal channels and choose projects that are guaranteed, legal and compliant.

Everyone should understand that maintaining the country's financial security is everyone's responsibility. We cannot let these bad financial means succeed, and we must work together to protect our economic environment.

Resolutely resist illegal financial tools such as Bitcoin!

Let’s emphasize it again.

【Gold】 is essentially cash flow. It is equal to or greater than => all paper currency.

In terms of preservation of value, it is superior to the US dollar 💵.

In aspects where it is not as good as the dollar $, one is liquidity, and the other is compounded appreciation (for example, investing in stocks, real estate, bonds. However, this depends on your personal insight and financial luck).

1. In the short term, in an individual's lifetime, due to the limitations of time and individual opportunities, gold may not be the best asset substitute. (For instance, if Buffett was born in America and happened to be in the golden period of American economic, political, and social development, if he had invested in gold, he would not have achieved what he has today.)

In fact, the most recent consolidation range of 【Gold】 between 1980 and 2000 was maintained at around 300 dollars. It was only when China joined the WTO, and human productivity, production materials, and overall wealth significantly increased again, that gold again became a benchmark for overall human wealth and appreciated.

If, at that time (……ten thousand words omitted), a ticket for a ship or plane could be exchanged for ten stalks of garlic or ten thousand dollars 💵, would you be foolish to hold a bunch of stocks or ten courtyards in Beijing? Are you foolish, is your brain 🧠 filled with 💩?

2. However, in the long term, since the beginning of human civilization, gold has always been a symbol of human wealth. The Tomb of the Sea-Driven Marquis, the gold and silver mountains of the Tokugawa Shogunate, the Aztec Golden Lake, and the tomb of Tutankhamun, all burial items are 【Gold】.

This needs to be viewed dialectically, historically, and long-term 👀... In a nutshell, it comes down to one question: are you seeking short-term gains or long-term prosperity?

In the past few days, Binance + Bitget have earned nearly 30,000 USD, overall ETH has earned a bit more, I won’t touch altcoins anymore, and I won’t play contracts with large funds. Each time I lose 300-500 USD, I just start over, and when I make a profit, I stop. In the cryptocurrency world, in contracts, if you win ten times and blow up once, you lose everything, so you either play with small funds or set a stop-loss right when you open a position! #ETH

Chasing rises and selling falls is an essential short-term strategy for top experts; all top experts engage in chasing rises and selling falls! Observe the main forces and institutions, and take a look at the operations of the top retail investors! If you don't understand, don't babble nonsense; do you think chasing rises and selling falls is a retail investor's game?

He successfully hit the nodes of every declining thing.

The real estate market was struggling, so he got into real estate. In 2013, he invested 3.5 billion yuan to create the Yunnan Lijiang Snow Mountain Town tourism real estate project, which fell into difficulties and ultimately had to sell 51% of his shares at a low price of 190 million yuan.
With the rise of e-commerce impacting physical stores and traditional retail declining, he opened a physical store instead.
Around the year 2000, he founded a dating platform called "Xi Yan", but soon fell into operational difficulties.
In the highly competitive liquor market, niche brands struggled to survive, so he launched "Linghu Chong" liquor. After spending over 100 million yuan on research and development, it faced consumer boycotts due to cheap packaging and inflated pricing, resulting in poor sales.
As the live streaming industry was reshuffled and traffic became severely fragmented, making it hard for newcomers to gain attention, he started live streaming to sell tea. However, during the live stream, no one showed interest, and there was even a low-level error where a product priced at 3999 yuan was mistakenly labeled as 1999 yuan.
In the electric vehicle market, leading companies monopolized the market, making it difficult for new brands to break through. He invested 800 million yuan to enter the electric motorcycle field and consequently fell into difficulties as well.

Where did the problems lie?

1. Always entering an industry at the tail end, lacking understanding of the industry, simply driven by trends, which is chasing the hype in investment;

2. The result of chasing the hype is a sell-off, inevitably having to accept losses and exit;

3. Lack of focus, constantly changing direction, doing this today, and that tomorrow.

He made almost every mistake in trading.

During an economic downturn, the harder you try, the more likely you are to exert the wrong effort.
At such times, it's not about who works harder, but rather about who is more rational, more restrained, and understands how to 'cut losses'.
The bottom of the economic cycle is not suitable for desperation, nor for speculation.
The more difficult the period, the more it is a time for patience.

To see a person's status in society,
just look at how much money they can borrow from the bank.
If this person can't even get a loan from the bank, like during this period when consumer loans were issued, and this person can't even get a consumer loan, then this person is most likely an ordinary person or a poor person.
The bank is the most snobbish place; it has its own criteria for judging whether a person has value or social status.
If the bank is so eager to issue loans but still unwilling to lend to this person, just think about how high this person's social status can be.

The global economy is in a recession, and there are no signs of improvement in the next 20 years.
The bubble has burst, and the crypto career is over.
The 40-year period of gold growth has ended, the real estate dividend is over, and internet traffic has basically disappeared; even the currently popular e-commerce and live streaming industries will face challenges in the future.
The middle class is facing widespread bankruptcy, and most people's assets are shrinking. Frugality and maintaining sufficient cash flow are the only way out. Most people are unprepared for the economic downturn in the next 20 years.

I absolutely won't make any moves until this market is on the right side; too many inexperienced investors have been wiped out this round. I have high hopes for the market from April to June, which will definitely experience a surge.

Both full positions and empty positions are due to greed
To make ourselves happy, we need to reduce our desires and improve our abilities.
Those in full positions long for maximizing the utilization of their capital, while those in empty positions fantasize about buying at the lowest price. Both are actually manifestations of greed.
Why do so many people enjoy predicting? Expecting to accurately buy at the bottom and sell at the top? Ultimately, it comes down to human greed. ​

5 Questions to Diagnose Your Trading Mindset: Take the Test Now!
In the trading market, 90% of losses stem from a collapse in mindset. Five multiple-choice questions can help traders understand their personal trading mindset and provide corresponding adjustment strategies.
​​1. Responding to Losses
When faced with losses, traders should choose to exit according to their planned stop-loss, calmly analyze market signals, and avoid the trap of loss aversion.
​​2. Decision on Following Trades
When confronted with others' profitable trades, traders should verify whether it aligns with their own trading system before deciding to follow, to avoid the fear of missing out.
​​3. Position Adjustment After Consecutive Profits
After consecutive profits, traders should maintain their original position, avoiding being hijacked by dopamine, and make rational judgments based on Bayesian probability models.
​​4. Emotional Control While Holding Positions
While holding positions, traders should set price alerts and rest assured, avoiding anxiety from micro fluctuations, and view the market from three perspectives.
​​5. Responding to Continuous Systematic Losses
When encountering systematic consecutive losses, traders should check if the market environment exceeds the applicable scope of their strategy, avoiding a cognitive dissonance crisis.

As long as there are no guilty feelings, everything is open and above board.
You are involved in trading junk coins and low-quality altcoins all day long, surrounded by deceitful behaviors, so of course, even a slight disturbance makes you panic. Sometimes when there are guilty feelings, one naturally doesn't dare to walk alone at night.
But we are different; how many people have come to us in the past two months asking for waterfall injections? Has there ever been a time when I wavered? If there are issues, just look at the technical patterns; the crypto world talks about technology, cycles, and policies, not about stories or bragging.

Separating price from investment makes you truly remarkable. From now on, no more asking when the bull market will come? Such questions are too naive! In the crypto space, you call the shots!

Initial positioning, mid-term exit, end-term arbitrage, bear market? Initial empty positions, mid-term hoarding, end-term enjoying life!
Remember, listening too much will confuse you! In the crypto space, being yourself is the way to go!

Ask me when is the bull or bear? For those with capability, it's a bull market every day!
Black cat, white cat, a cat that makes money is a good cat! Don't worry about bull or bear, some always lose, and some always win! When you can't hold on anymore, that's the budding period of the imitation season. #bnb

In the past few days, the fermentation of emotions has already begun.
As the saying goes, one positive change can alter three views; if it doesn't work, then three to five positive lines will definitely lead everyone to say a bull market has arrived.
Similarly, if a negative change cannot alter three views, then three to five negative lines will certainly lead everyone to say the bull is dead.

In reality, there have been many instances of face-slapping.
After consecutive rises, a bull may not necessarily come, and the main force may trap at high positions.
After consecutive declines, a bull may not necessarily leave, as the low-level chips have all been picked up by the main force.

The key issue is figuring out whether yesterday's judgment of 98,000 is high or low; once this problem is clarified, you will know what to do.
The countless essays floating around and the multitude of analyses are all things that disrupt market sentiment.
In the end, indecisive people, even if they obtain low-level chips, will leave the market after making a small profit.
The opportunities for big gains ultimately go to those cunning individuals.

It's said that in a bull market, one should hold on, but when exactly to start holding and for how long, no one will tell you.
What if you hold for several months and find out you've held incorrectly?
Where to hold, at what price, at what time, and when to sell will also leave people confused.
Without your own logic, simply saying one should hold during a bull market is not an antidote; it might as well be poison.

The market trend in January is almost identical to the battle map updated at the beginning of the month.
Be patient and wait for the imitation to explode; there's still 1-2 weeks left.

In a bull market, there are 2 types of people who suffer the most losses, the smarter they are, the worse they lose!

Type 1: Newcomers who hear that others are making money and choose to enter the market.

All newcomers initially make money in the cryptocurrency space, thinking it is their own ability, but they do not realize it is just a favorable market condition. Once the market starts to decline, they will suffer huge losses. Newcomers, after tasting the sweetness in the cryptocurrency space, will increase their investments, and in the end, they will be completely wiped out.

Every newcomer has gone through this; they initially mock the seasoned investors for being timid, not knowing that seasoned investors were once young and aggressive like them. They will regret why they didn't enter the cryptocurrency space earlier, working hard in real life, and at the end of each bull market, countless people quit their jobs to trade cryptocurrencies, only to return to the workforce eventually. Not only did they not make money, but they also delayed their careers.

Type 2: People who use high leverage, choosing excessive returns.

As long as the market is good, everyone feels their capital is insufficient. If they only have 100,000 yuan, they fantasize that if they had 1,000,000 yuan, their profits would double. This mentality makes them anxious, feeling that if they do not seize the opportunity, their lives will be like this, and how many times can one take risks in life? They choose to use leverage to make up for their insufficient capital.

Such players, from the moment they increase their leverage, become gamblers. No one has become wealthy by using leverage because they are always greedy; they will never stop once they make a profit. If they have this mindset, they would not increase their leverage, making it a false proposition. In every bull market, the larger the level, the more those who use leverage will suffer. Because leverage amplifies market fluctuations.

The above two types of people cannot take away profits; they only create market volatility and provide wealth to those who profit in exchanges. The former group is newcomers, and their losses are understandable; everyone has to go through these experiences. The latter group is overly arrogant; newcomers do not use leverage; they only keep moving their deposits.

The final outcome is the same; when the market turns bearish, they will suffer huge losses because at that time, their positions are the heaviest, and they bear the greatest risk, ultimately not only returning the profits they made but also suffering significant losses on their capital. #BTC

Cryptocurrency Trivia

Cost Averaging: Don't be misled by appearances; for example, buying 10,000 U at 10 U and then adding another 10,000 U at 5 U results in an average cost of 6.67 U, not 7.5 U. Understanding this is crucial for managing positions.

Compound Interest Effect: With a principal of 100,000 U, earning 1% daily, after 250 trading days in a year, assets can grow to 1,323,200 U. If sustained for two years, assets could reach tens of millions. The challenge lies in maintaining compounding.

Probability and Take Profit/Stop Loss: With a 60% success rate and a 10% take profit/stop loss each time, after 100 trades, the total return could reach 300%. The key is to strictly execute the trading plan and remain calm.

Controlling Greed: Starting with 10,000 U, earning 10% each time, theoretically, one could reach 1 million U in 49 days, break 10 million in 73 days, and exceed 100 million in 97 days. However, in reality, very few achieve this due to greed leading to failure.

Contract Trading and Position Management: The above techniques are especially important in contract trading and position management, requiring flexible application based on actual circumstances.

I provide everyone with a signal for the peak of a bull market. If you see people around you who once lost everything starting to make money, thinking about buying houses and changing cars, frequently treating others to meals and giving out red envelopes, starting to show off and teaching others how to trade cryptocurrencies, and engaging in grand discussions about the state of affairs, then remember, the market is likely coming to an end. This is a bit of life experience from Qiu Ge over the years. ​#btc

韭菜心理：自己的币上涨10%，而朋友的币涨了20%，韭菜会非常难受😣……币种下跌的时候，自己的币跌3%，朋友的币跌10%，韭菜会觉得很欣慰甚至愉快😀……事实大都如此！ ​#BTC

Characteristics of the Bull Market Altcoin Season:

Phase 1

The coins that are rising are those you do not hold, and even those you have never bought before.

Phase 2

The coins that are rising are those you once held, but you could not hold on.

Phase 3

When you finally can’t help it and decide to switch holdings to chase other coins, the original strong coins start to pull back after you chase them high, trapping you. And worse, the coins you switched to start to rise significantly after you sell them.
This scenario of "chasing highs and selling lows" often occurs during the bull market altcoin season, reminding everyone to maintain patience and calmness, and to avoid being swayed by market emotions.
#btc