Those who think that a bullet can make Bitcoin return to the bull market do not understand this market at all!
This incident has made Bitcoin, which has already risen three times in a row on the daily line, continue to rise for four consecutive times. In the future, it may even rise for five or six consecutive times. But the market will eventually return to calm and then go back to the trend it should go
Even if Bitcoin has left the shock zone because of this incident, the bears will still return. Shorting at high positions is still our first choice. As for the bulls, don’t think about it before the bearish trend is clearly completed Remember that Bitcoin itself has a driving force. This driving force does not only refer to the bulls, but also to the bears. Although the driving force of Bitcoin itself is weakening now, it still exists Judge the market according to the trend and use strategies according to the market
If you feel helpless or confused when trading in the currency circle at the moment, I hope my sharing can bring you some inspiration and help!
Which crypto-currencies made you money in the first half of the year? [Follow! Reference!] 💹💹💹 🔹 WIF (annual increase of 1,306%, market value of 2.1 billion US dollars) 🔹 PEPE (annual increase of 815%, market value of 5 billion US dollars) 🔹 FLOKI (annual increase of 392%, market value of 1.6 billion US dollars) 🔹 JASMY (annual increase of 343%, market value of 1.4 billion US dollars) 🔹 AR (annual increase of 188%, market value of 1.8 billion US dollars) 🔹 CORE (annual increase of 152%, market value of 1.2 billion US dollars) 🔹 TON (annual increase of 135%, market value of 18.8 billion US dollars) 🔹 BGB (annual increase of 100%, market value of 1.6 billion US dollars) Come and share your gains! ✨💰
The RMB surged tonight While Nasdaq AI concept stocks fell, Chinese concept stocks soared An obvious seesaw effect International hot money is selling AI bubble stocks and buying cheap RMB assets Domestic assets have collapsed miserably, and emotions have reached the extreme Superimposed with the 5 trillion rumors and the manufacturing cycle and inventory cycle The decline and correction that began in May has ended Is the second wave of the RMB asset bull market in the second half of the year settled? The bull market is coming, I feel that the Chinese people can't stand it anymore...
Bitcoin has officially entered its second major oscillation cycle
As shown in the figure, Bitcoin has entered its second oscillation zone It is expected to continue to oscillate in the red circle before moving in the right direction
Legendary trader GCR created a historic feat that shocked the world in 2022! With an initial capital of only $1,000, he became the most profitable trader in history by accurately shorting LUNA, making more than $1 billion! His magical trading rules are hailed as the Bible of the crypto world. Master it and you will win every battle and make a fortune! Well-known crypto opinion leader Cyclop enthusiastically pointed out: "This is GCR, the most outstanding cryptocurrency trading genius in history! He turned the insignificant $1,000 into a jaw-dropping $1 billion through the magical operation of altcoins!" He once posted such invincible trading advice on Twitter: Lightning-fast buying is the absolute key to success! Unwavering belief is the guarantee of victory! Seize the golden opportunity to speculate on new coins! Bad token design does not necessarily mean poor performance, and counterattacks are common! The market's reaction is far more important than the news itself! Trading volume beats market value, seize the best time to cash out! In the long run, the performance of holders easily crushes traders! The biggest threat to any successful project is its own success! The Golden Rule: Leverage profitable tokens and quickly get rid of losing tokens! This valuable experience is simply the Midas touch in the crypto world. Anyone who follows it can thrive in this ever-changing market and make a fortune!
In this noisy digital age, South Korean cryptocurrency traders are obsessed with the trend of digital currency, and have staged dramas of wealth and heartbreak. In just one month, Luna coin fell from $119 to less than $0.0002, a 99.99% drop. Countless people lost all their money overnight, and their property burst like a bubble. These people have only one goal in mind: how to achieve financial freedom by speculating in cryptocurrency, or as they say, how to "graduate". The so-called "graduation" means choosing to quit after making enough money. In these "graduation" posts, the authors share their trading experience, and some even hold cash draws in exchange for the blessings and jealousy of netizens. On the forum, some cryptocurrency traders were confused by the fluctuating charts, claiming to see human faces and cute animals in the charts, and regarded these as auspicious signs of a big rise. The desperate loss stories are full of swear words and can be divided into three main categories. The first is rage. When huge losses hit, Korean cryptocurrency traders began to smash things to vent their anger. When the initial anger subsided, they began to complain and write helpless essays, the content of which can be called a "gambler template": some people lost 2.5 billion won and didn't know how to explain to their parents who suffer from high blood pressure; some people lost everything but still shamelessly borrowed money from their parents; some people invested their startup funds in Bitcoin, but lost everything and didn't know where to go. A 31-year-old man, after losing 150 million won in cryptocurrency trading, used the last bit of money to buy three bottles of soju and some cigarettes, intending to commit suicide after enjoying them. Because the weather was too cold, he lost his courage after drinking only two bottles of wine, returned home, watched cartoons, and claimed to have found healing through the second dimension. Next, he planned to start from scratch, and the first step was to borrow money from his mother. "Winning is wealth and glory, losing is suffering on the streets", in the online world, the younger generation of cryptocurrency traders in South Korea may be the most determined practitioners of these two sentences.
This is the first time for everyone to experience such a market! Looking back at the 9 wash states I mentioned earlier, at present, 519 in 21 years is the closest. In 21 years, the big wash started in mid-April and ended on July 20, which lasted for more than three months. This time it also started in mid-April, and it has been less than three months now. The similarities are the wash time and the increase in Bitcoin, and the difference is the altcoin. The altcoins before 519 rose more, and this wave of washes was equally disgusting. So, everyone is facing such altcoin market for the first time. Whether it is ETF or interest rate cut factors, they are all lagging analysis. Since the market has come to this point, we can't do anything. Taking Bitcoin as an example, the position of Bitcoin 58 has reached a super high cost-effectiveness, and the same is true for ETH. In recent times, big whales have begun to hoard coins on a large scale at this position, similar to the situation when Bitcoin was around 20,000 US dollars in 2020, and then opened the main stage of the big bull market. The big bull market in the second half is crucial. ETH's ETF will land, and funds will flock in, far exceeding the first half. I still firmly believe that the bloodier the current wash-out is, the more gorgeous the future fireworks will be.
You think buying coins ten years ago was like this: A few simple steps, log in to the exchange, place an order with one click, and the Bitcoin will be in your wallet. But the truth is, buying coins ten years ago was an adventure: First, you have to look for the safe and reliable platform like a detective in the vast exchanges. Or, more directly, you have to find the "mysterious person" who is willing to trade you Bitcoin for 10,000 yuan. Then, among the many fake coins that sound fancy but are actually hard to distinguish between true and false, you have to screen out the real Bitcoin like panning for gold. Then, be prepared to trade at a price that may make you nervous, because the price fluctuations at that time were simply heartbeat accelerators. The most important thing is that after buying it, you have to be mentally prepared to face the risk that it may suddenly become "zero". People who can do these four things can play well and make a lot of money in both coins and the stock market. If you are a newbie who knows nothing about the cryptocurrency world, and you are eager to try it out when you see the price of Bitcoin hit new highs, and want to jump into this seemingly glittering world, then please stop and follow me step by step. I will teach you how to gain a firm foothold in this complex and ever-changing cryptocurrency world and lay a solid foundation. Remember, only with a solid foundation can you go more steadily and further. Want to know more? Click on my avatar and let's explore the mysteries of the cryptocurrency world together!
Never feel guilty about slacking off at work. This is right and even necessary. It is our way of getting rid of social control. The professional term is "clever use of the system" because people always have to bypass those social control systems to correct the repression brought about by social control. This is the only way for us to seek a little comfort in social determinism.
"Track-level opportunities are coming, and big ones are coming, too."
The cryptocurrency world is a game of constantly flipping tables, and the current market is: low volatility + long-term shocks + extremely low sentiment The racetrack-level opportunity that will turn the tables is already brewing
Bitcoin volatility and market trend analysis
Recently, the price of Bitcoin has been falling, but its volatility has reached a critical point The current volatility is 1.25% What is this level? Let's analyze it through historical data.
💎 —— Historically low volatility times
Since 2018, Bitcoin’s volatility has approached a low volatility state of 1% to 2% at the following seven points in time:
Use protective stop loss Advantages: Stop loss can avoid big losses and protect the principal. Disadvantages: May lead to premature exit and miss subsequent profits.
Self-discipline Advantages: Strictly follow the plan to trade and increase the success rate. Disadvantages: May be too mechanical and lack flexibility to respond to market changes.
Don't trade frequently Advantages: Reduce transaction costs and avoid impulsive trading. Disadvantages: May miss potential profit opportunities.
Avoid major events Advantages: Avoid huge losses caused by emergencies. Disadvantages: May miss opportunities brought by market fluctuations.
Don't gamble Advantages: Reduce trading risks and protect capital. Disadvantages: May limit high-risk and high-return opportunities.
Set the maximum loss limit for the day Advantages: Control losses and avoid emotional trading. Disadvantages: May lead to early stop of trading and miss profit opportunities.
Trade reasonable positions Advantages: Control risks and trade steadily. Disadvantages: Initial returns are low and require patience.
Don't increase positions during losses Advantages: Avoid expanding losses and protect the principal. Disadvantages: You may miss the opportunity to rebound from the bottom.
Learn how to reduce losses Advantages: Reduce risk and increase the probability of profit. Disadvantages: You need to constantly learn and adjust your strategy.
Plan your trades Advantages: Planned trading increases the success rate. Disadvantages: You may lack flexibility and be unable to cope with market changes.
Among all the popular gambling projects, the one that is most like life is "Texas Hold'em"
Ace is the card with the highest winning rate But do you know what the winning rate is when you are against A in a 10-player game?
It is 31.12%
That is to say, even if you get the card with the highest winning rate at the beginning, you still have a 69% chance of losing when facing 9 opponents
If your opponent goes All in at the beginning, do you dare to take the risk of losing 69% of the game and go AII in?
If you don't dare to go All in with your opponent when you get the biggest card, it is conceivable that you will be even less likely to go All in when you get other cards.
That is to say, if your opponent wants to defeat you, he only needs to go All in every time he starts the game, keep winning your bottom money, and eventually he can defeat you
Therefore, when you face this kind of game, you have and only one correct strategy: choose All in even if you have to bear the risk of losing 69% of the game.
This is the fate of Texas Hold'em players.
The complexity and variability you have to face in life are tens of millions of times more difficult than Texas Hold'em, which is purely a mathematical probability game. The opponents you meet in life and work are also more difficult than the opponents in the gambling game. Some opponents have a strong family background and can lose a hundred times, but you can only afford to lose once. Some opponents may have lost their minds and may hurt you by killing themselves. Some opponents are not even human. They can be diseases, natural disasters, or governments. They can lose countless times, but you can only afford to lose once. When you face an All in from a powerful opponent, even if you have made the most correct choice every time in your previous life, you may still lose everything in this game and lose all your previous efforts. This is fate, your fate and my fate.
In 2014, a man appeared in the Bitcoin forum. He used 480,000 to buy 100 Bitcoins. After that, he did not sit idle. He started to post live broadcasts about trading Bitcoin.
After that, the market value of these 100 Bitcoins fell to 90,000. Many people kept mocking him, laughing at the fact that "Brother 480,000" was about to become "Brother 60,000".
It stands to reason that the loss has exceeded 80%, and the remaining tens of thousands should be ignored. There is still a possibility of counterattack if they are left there.
"Brother 480,000" defeated himself, but lost to a woman!
His mother-in-law quarreled with him about this matter, and his wife even threatened him with divorce.
Finally, he could not stand the pressure,
In early 2016, he sold 100 Bitcoins at a loss, recovered 300,000, and had a net loss of 180,000.
Falling before dawn.
At the end of 2017, the bull market entered its climax, and the price of Bitcoin began to hit 140,000. If Brother 480,000 could hold on to his 100 Bitcoins, the price would have skyrocketed to nearly 14 million by the end of 2017. Some people remembered Brother 480,000 again, but he never appeared again. He deleted his posts, cancelled his ID, and disappeared in the vast sea of people. Are there all kinds of Brother 480,000 around you? Anyway, I have met all kinds of Brother 480,000 over the years. He was impatient to hold the currency and fell before dawn. I hope you don’t repeat Brother 480,000’s path and fall before the dawn of the bull market. #美国PCE数据将公布 #币安合约锦标赛
Is the rise of Bitcoin not over yet? Experts predict that it will soar to $100,000 by the end of the year This year, virtual currencies have been on a bull run. Bitcoin broke through its historical high in March and once stood at the $70,000 mark. In the past six months, it has risen by as much as 66%. It has now slightly fallen back to $68,000 (about NT$2.2 million). Galaxy Digital CEO Michael Novogratz is optimistic about this and said, "As long as the government's regulatory mechanism is improved and relaxed, I think Bitcoin is expected to soar to a high of $100,000 by the end of this year." Novogratz analyzed that the US Securities and Exchange Commission (SEC) has approved Bitcoin and Ethereum ETFs in succession, which means that federal regulators have changed their previous attitude of prohibition. Washington may also gradually include virtual currencies in the regulations, and even allow large financial institutions to engage in measures such as selling virtual currencies, which is expected to attract more funds. Bill Miller IV, a senior Wall Street investor, recently published an article titled "Why I Still Bet on Bitcoin", "Although Bitcoin has set new highs against various legal currencies recently, I think Bitcoin is still seriously undervalued." Miller IV's firm belief in Bitcoin comes from Bitcoin's unique technical causes, especially decentralized governance and transparent global ledgers. Miller pointed out that the traditional monetary system is affected by human judgment and political manipulation and has "inherent flaws." The US presidential election is approaching, and Trump, the former US president and Republican candidate, who has always been a shocker, has promised that if he is elected, he will support cryptocurrency mining business in Washington and globally. On May 22, Trump's campaign team even announced on its official website that "Trump's campaign is open to Bitcoin donations." Compared with Trump, who embraces cryptocurrency, the Democratic Party has more strong opposition voices; but as Bitcoin's influence grows and the discussion continues to increase, even if the "21st Century Financial Innovation and Technology Act (FIT21)" is controversial, there is still a chance for legislation to pass.
Bitcoin mining company Marathon Digital Holdings has announced a new 2 megawatt (MW) pilot project to use heat generated by Bitcoin mining operations to heat a community of 11,000 residents in Finland. The initiative is Marathon's first digital asset computing operation designed for a district heating solution. The project centers on heating water at a centralized location and distributing it to local areas through underground pipes. Marathon is exploring ways to monetize its computing power by generating recycled heat rather than relying on fossil fuels.
In the currency circle, there are currently two narratives that are really established: One is a sovereign personal asset represented by btc, and the other is a defi application represented by eth All other narratives are imagination, or subsections of the above two narratives Hope to see a third narrative this round
Lei Jun, founder and CEO of Xiaomi, recently talked about his views on Bitcoin. He said he is closely following the development trend of cryptocurrencies and believes that Bitcoin is an asset class worth paying attention to. Lei Jun believes that Bitcoin is a kind of "digital gold" Lei Jun compared Bitcoin to "digital gold" and believed that it is an asset with value storage properties. He said: "Bitcoin has a limited supply, which makes it a scarce asset, just like gold." Lei Jun also said that the decentralized nature of Bitcoin makes it attractive. He said: "Bitcoin is not controlled by any or financial institutions, which makes it a truly independent asset." Lei Jun embraces cryptocurrency innovation Although Lei Jun is optimistic about Bitcoin, he stressed the importance of cautious investment. He said that the cryptocurrency market is very volatile and investors should conduct sufficient research before investing. Lei Jun also said that Xiaomi will continue to explore cryptocurrency and blockchain technology. He said: "Xiaomi will continue to pay close attention to the development of cryptocurrency and actively seek to embrace innovation." Xiaomi and cryptocurrency Xiaomi has previously been involved in the field of cryptocurrency. In 2018, Xiaomi launched a cryptocurrency wallet called "Mi Pocket". The wallet was shut down in 2021. Lei Jun's latest remarks indicate that Xiaomi may be considering re-entering the cryptocurrency market. Xiaomi is a tech giant with a large user base and wide influence. If Xiaomi launches new cryptocurrency products or services, it may have a significant impact on the cryptocurrency market. Lei Jun's remarks indicate that he is optimistic about Bitcoin and other cryptocurrencies. He sees Bitcoin as a kind of digital gold and believes that it has value storage properties. Lei Jun also said that Xiaomi will continue to pay attention to the development of cryptocurrency and actively seek to embrace innovation. Xiaomi's future moves in the cryptocurrency field are worth paying attention to.
Successfully convinced my mother to invest in Bitcoin As we all know, there are only two types of people who make money in the currency circle, one is those with an IQ below 50, and the other is those with an IQ greater than 150. I don't think I'm very smart, but I've tested my IQ, which is around 110, so I'm obviously not one of those who can make money. But I often dream of getting rich, fantasizing that I can make money from this circle, so as to provide me with a pension for the next fifty years of my life. It's almost impossible to optimize IQ, and all I can do is to degrade it. The degraded plan is that on the first day of each month, no matter what the price of the big cake is, as long as the chain is still there, I will buy a fixed amount of money, commonly known as fixed investment, also called dollar cost average. I have been sticking to this method for a long time, and I recently recommended it to my mother. My mother was skeptical, but out of trust in me, she finally decided to let me help her buy 5,000 yuan worth of big cakes a month, just as a lucky draw, so that she can be more energetic when she retires, and she can also accumulate rich life experience if she loses. In order to record the good times in the future, I wrote a simple webpage. Whenever my account has a big pie purchase worth about 5,000 yuan, a row will be automatically added to the table. At the same time, this post is also a record. #我的理财日记 #币安合约锦标赛 #MegadropLista #币安HODLer空投
Ten characteristics of leeks (not what I said) 1. Speculating on cryptocurrencies based on gossip The basis for buying and selling cryptocurrencies is basically what some great god said, my friends in the circle revealed, and some groups said... Learning technology is too difficult, and if you are not good at it, you will end up with something that looks like a dog instead of a tiger. It is so easy to listen to news. You only need to tell me the letter of a token, and I will go all in immediately, without having to use my brain at all. 2. Frequent trading, chasing ups and downs Value investment is just talk for most people. When I first entered the cryptocurrency circle, I had a very naive idea that so many coins would soar and plummet every day. I would make 5 points every day, and I would be financially free in one year. I really did it, trading 50 times a day, buying up and selling down, and then I ate instant noodles for a month that month. 3. Fall resistance All leeks must have it. The psychological quality of leeks in the cryptocurrency circle is too good. After a 90% drop, they can still say calmly that I will leave it to my son. If you can resist the plunge and keep holding it until the bull market, wouldn’t it be a huge profit? No, everyone can hold on in the bear market, and the volatile market is the hell mode. The bear market has survived, and the shock market is dead. 4. Always full position Influenced by the big guys, all in the blockchain, the big guys may pretend to be full, but we are really full. Full position is like QJ, when you are powerless to resist, just close your eyes and enjoy it. 5. Fear of heights I get very nervous when it rises, especially when there have been several small rebounds recently, for fear that the profit will be withdrawn, and I am anxious to sell, and then I miss the ten-fold and hundred-fold coins again and again. 6. Take luck as strength I am also such a person. I was lucky to buy the bottom near Bitcoin 3100, and I made 3-4 times on many coins. I thought I was a master of currency speculation. In the warming and rising market environment, it will rise as soon as I buy, and I rarely miss it. I am the best in the world. 7. People are stupid and courageous Blockchain? What is a smart contract? I don’t care about these, I will go all in without hesitation, and then dream of counting money. Although it sounds bad, it is the fact. I once entered the market because of the wealth-making effect of the currency circle. 8. Only know the letters of the tokens I know the letters of BTC, ETH, and BCH, but what is the Lightning Network? What is POS? What is a big block? I don’t know. 9. Selective belief I have a large position in a certain coin, why do you always say it’s bad? You know nothing, you haven’t seen so many successful examples... The position determines the brain, and you have been brainwashed. 10. Enter the market at the top and tail of the bull