A person's consistent behavior habits over 21 consecutive days can change a person's habits. The market, after breaking new highs, changed the habits of the vast majority of people in 21 days. When habits are changed, the market can suddenly have what is called reverse logic, because at that time, people cannot escape. There is no so-called value in this world; everything is defined by human existence. What we see—morality, law, value, faith—all beautiful things are more about magnifying this void of fate. Fate has already marked the meaning of existence for every person's being. Everything is destiny, and I believe in the existence of God. Power and money are more like servants of God.
A post for newcomers. If you are new to digital currency, don’t have any delusions, because you don’t deserve to make money! Don’t you understand? You don’t deserve to make money! ! ! Because if you are a leader in other industries, you know more or less about the concept of exploring rules and regulations, because the top talents in various industries are basically people who can restrain their human weaknesses, unless your profession has nothing to do with people... But it’s hard, isn’t it? So newcomers enter the digital currency market, no matter what you think, you are garbage, this is an irreversible probability, so when you are garbage, you still use a lot of money to play, then you will soon be worse than garbage, because you will become a gambler, this is also an objective fact, how big is the spot volume? How big is the contract volume? The choice is obvious at a glance, you are a gambler, and the worst gambler, the leverage of digital currency is very large, which will guide you to leverage amplification, this is the ecological environment effect, but the leverage is large, congratulations, you have magnified your disadvantages, this time is basically not far from death, after you die, you will miss the time when you were garbage, and think that it was your luck at that time! In addition, there will be a lot of information here, enthusiastic bloggers on the square, various theories, everything seems to be that you have entered a beautiful world like heaven, but the balance of your account will continue to decline. When you start to question everything, congratulations, you may only have the ability to complain at this time, the scammers no longer need you, you have no use value, if you stay here, you can either continue to gamble, but still lose, or accept the reality or leave! All of these sequences are the care that this digital currency world welcomes newcomers. Does it seem like it will always care until you die in this world? Hospice care is love!!! So you have to use the least money at the beginning to try all you understand, so that after these routines are completed, you have learned experience and have not lost wealth, and then you can start to learn and make money! Don't be smart and think that you are the chosen one! You don't deserve it. Your mentality, knowledge, logic, observation and self-discipline are not good enough. You don't deserve it...
Ethereum will rise. Currently, it seems very weak, but if you have experienced several cycles, you will find that Ethereum's characteristic is that it comes in last. It only starts to rise in the second half of a market explosion. It will trap all those who use high leverage to compare it with the performance of other coins, but after it starts to rise, it will also slightly lag behind many coins that are performing well in a short period of time. However, it will only stay in that state for a very short time because essentially, after it explodes, it's the end of a market cycle. Its rise often occurs at the tail end of a market cycle. Ethereum is a coin that cannot be thought of with conventional thinking!
XRP is so strong, I feel like what I've done is extraordinary. I've shorted continuously from 2.52 down to now, bringing my cost down to 3.15, and I've managed my position reasonably. Given its strength, I've done my best to short like this, but when I turned around and saw the spot trading volume so high, I instantly felt intimidated. With just this little position, I won't struggle or overthink to lower my cost. What news is causing such a big positive effect? If anyone knows, please share...
Make a relatively unreliable guess: After Musk followed CZ and then unfollowed him, when CZ mentioned that he would invest in the acquisition of Twitter, I had a hunch that CZ hoped Musk would have a good impression of him to deepen the future attitude towards the exchange after Trump's election. However, Musk later didn't say anything and silently unfollowed CZ. I have a gut feeling that the uncertainty regarding Trump's election and its impact on the cryptocurrency market is not the main point, but there may be some uncertainty regarding the attitude towards exchanges. Will there be an increase in taxes or another significant fine imposed on exchanges? It feels like this kind of thing has a very high probability of happening. Therefore, for digital currency, if Trump really supports it, then the existing relevant regulations are likely to be reshuffled, leading to many uncertainties in the future!
The vast majority of contract participants in this market are losing money, so I am wondering that the environment of the contracts, public opinion, community, and ecosystem must have issues. Therefore, I conclude that what is not favored by the majority, is not understood, is considered wrong, and will not be pursued, should be the choices made. I have summarized a few points: 1. Stay away from public opinion and community 2. Stay away from newly erupted hotspots 3. Stay away from high leverage for quick wealth 4. Stay away from rapid short-term profits 5. Stay away from frequent operations 6. Stay away from opportunities that arise very easily 7. Stay away from discussing issues with others 8. Learn to be alone and enjoy solitude.
I have been holding this short position for half a month. I don't like to treat important matters as urgent; this can be very dangerous for me. I also don't care about the short-term trends behind it because I know that every trend is like a play, and the actors will work hard to lead the audience to look in the opposite direction, especially in the short term. Therefore, the price at which you can enter is basically the most unfavorable fermentation process and extreme situation influenced by public opinion and information. But you must firmly believe that in the short term, the majority is usually correct, while in the long term, only a few are close to the truth.
Once again, it's the altcoins leading, Ethereum pushing forward, Bitcoin exploding last for a strike, and then quickly dumping. All the strategies of troop deployment have been used.
Similar coins appear from time to time, but the probability of such coins coming out is very low. You can understand that the background of these coins is very, very strong, and they are funded by major exchanges for the coin issuers. This is a privilege and ability that only privileged coin issuers have. So are you expecting Binance to handle a privileged coin issuer? Every once in a while, coins like this will experience particularly high trading volumes for a period of time. What is your identity that requires Binance to cater to the coin issuer??? So let's stay calm and keep our distance from it...
亿哥财富俱乐部
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Binance should address this kind of rogue behavior; it's been stagnant for a day and the funding fee is already higher than the principal, we must firmly resist this behavior.
This is 100% controlled, a currency that takes the funding rate, giving you a very easy logic, and then after entering the position, you find that the rate and time can make you stop loss in a situation opposite to the logic. This kind of rate only occurs on currencies that are 100% controlled, so participating in such currencies is like giving away money, because the terrifying nature of 100% control has already been determined in advance!
亿哥财富俱乐部
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Binance should address this kind of rogue behavior; it's been stagnant for a day and the funding fee is already higher than the principal, we must firmly resist this behavior.
Many may think that MicroStrategy's continued purchases of Bitcoin are a positive signal, but in fact, this is a short-term boost with long-term risks. The money MicroStrategy uses to buy Bitcoin is financed from the market, which is akin to a company going public, not paying dividends, and constantly raising funds. Would you consider such a company to be a good one? Furthermore, the risk of financing does not lie with the real large institutional investors and big funds; they act as middlemen, while the ultimate source of financing is the vast majority of ordinary investors. Thus, MicroStrategy continues to raise funds while holding a significant amount of Bitcoin, which essentially shifts the risks from large funds and institutions to the majority of people. Once this risk is transferred, the middlemen have already realized their profits. As for the risk faced by the majority, whether Bitcoin rises or falls is no longer a concern for anyone. It is unreasonable to expect the money raised for buying Bitcoin to yield greater returns for the majority. So cherish the current bull market, no matter how much room for growth there is, as it may be the last bull market in recent years. After this, the future may be bear for a long time. Those who hold altcoins and Bitcoin in the future will also face a tragedy, because any favorable interest rates and policies will become ineffective. When the majority of chips are in the hands of the vast majority, the possibility of price increase will already be gone...
You must calm yourself down in accordance with the rules, put yourself in a state of natural relaxation, and then perceive the market. At this time, you will find that the charm of technology is only part of it. The changes in the market are more in line with your inner peace of mind. You will have a deeper and broader dynamic and objective vision. From then on, you will be out of the scope of public understanding, and you will also be changed, and a new world of trading will open up...
If in the market capitalization of Bitcoin, Bitcoin can still rise to 13 million dollars, and just by holding Bitcoin one can become the richest person in the world, I can only say that the required nutrients are too many. At the very least, the vast majority of people in the world are working hard and contributing their labor to those who hold Bitcoin. This always feels like a return to a slave society. It is good for people to have beliefs, but when people become so crazy for profit, they are not far from destruction. I am not optimistic about MicroStrategy; in the future, its financing channels will likely be completely blocked, and there will be a large amount of cashing out and debt...
It's the New Year. I wish every kind-hearted person in this market to overcome the weaknesses of human nature, to trade with a calm mind, and to engage in transactions that can be controlled and have a positive trend. If dreams are to set sail, both heart and actions must be more rational and composed! I wish everyone to harness good fortune and turn luck into a consistent strength by their side!
The infinite fluctuation has reached its end, waiting for a volume expansion to begin a one-sided market trend. This time, it has taken a longer duration because, to some extent, it requires some news to jointly promote the one-sided trend, such as Trump coming to power... This time, the market's elasticity does not exist as an increase in incremental and stock elasticity, but rather through digging pits to increase elastic space and strength. In a certain sense, this round of the bull market has transformed from an increase in upward incremental space into a stage of fluctuation space with very limited incremental space, meaning the bull market is entering the latter half of its finale.
Elon Musk's comments on the Luigi incident are quite interesting, just like CZ's comments on Musk's acquisition of Twitter, both coming at just the right timing. One must admit that those who can capitalize on the benefits and become the pride of the times all have a keen sense of smell... Whether we can make good trades similarly depends on whether our actions and thoughts align with market trends and benefits. When your trades become very difficult, you need to be cautious; you may have approached the situation incorrectly both in behavior and thought, paying the price for market risks, while the benefits have nothing to do with you. This is not as useful as you imagined in terms of effort and learning; try thinking in reverse...