Will Bitcoin fall through? Why did the altcoins plummet?

The most concerning question for everyone now is whether the market will continue to fall?

This question is very difficult to answer, and anyone who can give you an accurate answer is fooling you.

From a technical point of view, the position of Bitcoin 65,000 is very critical. If it can stand firm, then the market can also be stabilized.

Bitcoin has not actually fallen much, but the altcoins have plummeted.

Why did the altcoins plummet?

Because the major exchanges have listed new coins too frequently.

The market funds have not increased, and all the funds have been dispersed.

This has caused the phenomenon that the altcoins have actually been falling, and even the increase is very small. This time, the rapid pullback of Bitcoin and Ethereum has scared the market, and the altcoins can no longer bear the collapse.

In fact, I quite like the current market. The previous market has been fluctuating in a range, neither hot nor cold, and it can neither go up nor down.

Either it goes up directly, or it goes down directly.

So I think it is a good thing to fall.
The market has started to move. No matter how the bull market moves, it is a good thing. The most feared thing is that it does not move.

First of all, from historical experience, every time Bitcoin plummets, there will be a bigger rebound.

Secondly, from a fundamental point of view, Bitcoin is still the big brother of the cryptocurrency market, and its position is unshakable.

Finally, from the perspective of funds, there is still a lot of money waiting to enter the market.

Therefore, I am still optimistic about the future of Bitcoin, but I suggest that investors should not blindly buy the bottom, but should wait patiently for the market to stabilize.

As for altcoins, I think further observation is needed.
If Bitcoin can stabilize and rebound, then altcoins may also usher in a wave of rebound.

But if Bitcoin continues to fall, then altcoins may continue to plummet.

Therefore, investors need to be more cautious when investing in altcoins.

In short, the current cryptocurrency market is still in turmoil, and investors need to invest cautiously.

#比特币 #加密货币 #区块链 #数字货币！ #热门话题

Crypto market: Early morning shock, new OTC regulations in Hong Kong, waiting for the shoe to drop!

I stayed up late last night to read the news, worried that Israel and Palestine would launch another early morning raid. These two enemies fight, and investors in the crypto market always pay the bill. It's too difficult! Every time they go to war, our assets are cut in half. Who can bear it? Firmly support President Biden's peace initiative!

When I got up in the morning, I saw that the market finally showed signs of rebounding. Bitcoin returned to $65,000 and Ethereum also stood at $3,100. But the rebound is still relatively weak. After the plunge in other altcoins in the past two days, many of them fell back to the price of Bitcoin when it was more than $20,000, but they did not follow Bitcoin's strong rebound and are still very weak.

In this case, we must remain highly cautious and never be tempted by the dealer to buy at the bottom until the warehouse is blown up. After all, Bitcoin is only $65,000 now, and altcoins have fallen like this. If Bitcoin falls below $60,000, altcoins are probably finished. So, brothers, don't rush to buy the bottom and rebound, hurry up and save money, the alarm has not been lifted yet!

Today, I am more concerned about the news that the Hong Kong Bitcoin and Ethereum spot ETFs were approved last week. Last week, it was rumored that there would be results as early as today, but now it seems to be empty.

This morning's news is only this:
The public consultation on the licensing system for virtual asset over-the-counter service providers (OTC) in Hong Kong ended last Friday.

According to the Hong Kong Economic Journal, the system only covers a few cryptocurrencies such as Bitcoin and Ethereum, which has aroused concerns among some industry insiders.

The Hong Kong Virtual Asset Industry Association called on the government to exempt USDT and USDC from trading restrictions to avoid a significant impact on business development.

Some industry insiders said that reducing the types of cryptocurrencies that can be traded may lead to business transfer to other regions. In addition, some people have expressed concerns about the proposed HK$8,000 transfer threshold and customer due diligence requirements, believing that this may lead to customer loss. In addition, for small OTCs, requirements such as the appointment of compliance officers and money laundering reporting officers may also constitute significant cost pressures.

This seems to be only about OTCs, not ETFs.However, OTC is an important channel for legal currency to enter and exit the crypto market, and it has always been a strictly controlled area in China. The fact that it can be openly discussed and studied in Hong Kong this time is also a great progress, indicating that the policy is loosening, and it can even be said to represent a certain tendency of the mainland regulators. After all, Hong Kong's current policies are derived from the mainland.

If Hong Kong OTC can operate legally and compliantly, it will undoubtedly pave the way for outside funds to enter the crypto market in the future. It will not only be conducive to the entry of foreign capital, but also open a door for the entry of mainland funds, and test the legality and compliance of mainland OTC. After all, the biggest concern in China is that OTC will lead to the outflow of wealth and break the strict foreign exchange control system.
Therefore, today's OTC news is also a good thing. I hope that the next good thing is that the ETF is really approved!

#比特币 #加密货币 #ETF #大盘走势 #热门话题

Bull market carnival, don't forget the risk of selling and buying U!

Have you made 1 million?

The bull market is coming, the currency circle is a carnival, and many currency friends have made a lot of money. However, while enjoying the feast of wealth, don't forget the risk of selling and buying U!

Online transactions are high-risk, and offline transactions need to be cautious!

Online transactions:
Gunman rampant: Don't trust strangers easily, even if the other party provides a screenshot of the flow. Account risk control: Frequent transactions and large transactions may cause the account to be controlled by risk, and even be targeted by regulatory authorities.
Money laundering risk: People who buy U may use it for illegal activities such as money laundering, implicating you.

Offline transactions:
Personal safety risk: Robbery, fraud and other cases occur frequently, and you must "live rather than money".
Transaction risk: The process is cumbersome and there are many details. If you are not careful, you will fall into the trap.
Legal risk: Even if there is no illegal intention, you may be punished because of the special nature of the industry.

Safety first, beware of greed!

Online transactions: Try to find familiar people to trade with, small transactions, use third-party platforms such as Alipay or WeChat.
Offline transactions: Must be introduced by old customers or acquaintances, sign contracts, record videos, and take precautions.

Whether online or offline: Do not show off your wealth, protect your personal and property safety.

#风险 #安全 #币圈 #交易 #热门话题

Insight into the market: Cryptocurrency investment wisdom under the bull-bear cycle

In the cryptocurrency market, many investors show FOMO (panic buying) psychology during the bull market, rushing into the market to buy a large number of digital currencies, but are unwilling to cash out when the market reaches its peak.

When the market starts to fall, they choose to sell at a low point because of panic and anxiety. This anti-human behavior often leads to serious losses.

In contrast, investors who can understand the market cycle can use this cyclical feature to make steady profits.

In the market, a bear market is usually a good time to build a position, while a bull market is a time to cash out and make a profit. This market cycle repeats itself and becomes a normal state in the market.

As time goes by, when we look back on this history, we will find that such market cycles have always been the case. Every few years, the market will experience a cycle of bull and bear markets, which is inevitable.

In a bull market, a big positive line can attract countless investors to participate, and the market is full of optimism and prosperity.

In a bear market, the market is full of panic and frustration, and investors can only watch their assets plummet and have to choose to cut losses.

However, it is this market volatility and cyclicality that creates opportunities and challenges in the market and also exercises the mentality and ability of investors.

In the cryptocurrency market, the only constant is the change of the market.

Therefore, as investors, we should learn to adapt to market changes, seize opportunities, and maintain a rational and stable investment strategy.

Only in the process of continuous learning and growth can we obtain continuous profits in the market and ultimately achieve the goal of financial freedom.

#热门话题 #fomo

A must-read for newcomers in the cryptocurrency circle: Ten tips to help you avoid pitfalls and lead to financial freedom!

Are you still confused in the cryptocurrency circle?
Have you suffered heavy losses because of chasing ups and downs?
Have you missed opportunities because of blindly following the trend?

Don't worry! These ten tips will help you avoid common traps in the cryptocurrency circle and overcome obstacles on the road to financial freedom!

1. Say goodbye to the dream of getting rich quickly: The market is mature, and ten-fold coins are rare. Practical and steady is the kingly way.

2. Be cautious in the primary market: The project risk is high, 99% will return to zero, so it is better to stay away from it.

3. Contracts are high-risk games: Stay away from contracts and stay away from liquidation.

4. Fanaticism is the top signal: Crazy CX, be cautious to take over, and the probability of standing guard at a high position is high.

5. Academics/improvement/stable income is the foundation: Trading is a hard battle, which requires time and continuous learning, and the ability to make money off the market is more important.

6. Look at profits and losses rationally: Profits and losses come from the same source, don't be arrogant or impatient, summarize experience, and overcome emotionality.
7. There is no such thing as a free lunch: There may be a trap behind the promise of high returns, beware of the harvest.
8. Pay attention to experience sharing: Brainwashing/promotion/revenue charts are all routines, learning is the key.
9. Form independent opinions: Other people's experience is for reference only, and only by exploring your own trading system can you make stable profits.
10. Communicate and learn more: The experience of old people in the currency circle, even if it is a loss, can help you avoid pitfalls and find a trading method that suits you.

Remember:
1. Don't expect to get rich overnight, only steady investment can last long.
2. Don't blindly follow the trend, only independent thinking can make correct judgments.
3. Only by constantly learning and accumulating experience can you be invincible in the currency circle.

Forward and collect to help more newcomers avoid pitfalls!
#币圈 #投资 #忠告 #热门话题 #财富自由

Halving market: Hype first, good news will be realized?

BCH is rising strongly, and the Bitcoin halving is approaching. Will the halving market happen again?

Bitcoin halving back
Bitcoin has experienced three halvings since its birth, in 2012, 2016 and 2020.

Bitcoin will also be halved on April 20, which means that mining rewards are halved and supply is reduced, which will theoretically stimulate an increase in currency prices.

Market analysis before and after halving
I selected the top currencies such as BTC, ETH, LTC, XRP, and BCH, and used the price on the day of the halving as the base point to calculate the relative prices in the 60 days, 30 days, and 7 days before and after.

Data Display:
In the 60 days before and after the halving, various currencies rose and fell at varying rates, but the overall trend was upward.
Within 30 days before and after the halving, most currencies began to rise 30 days before the halving and began to fall 30 days after the halving. Within 7 days before and after the halving, most currencies fell before and after the halving.

BCH halving market case
The 2020 BCH halving market has more reference significance:
The BCH halving hype started at the beginning of 2020 (100 days before the halving), with an increase of more than 150%. After the halving, BCH did not continue its rise, but fell back quickly.

The halving market hype often precedes the halving itself by 2-3 months or even earlier. The benefits of the halving may be realized within the first 30 days, and the currency price may fall back after the halving.

Bitcoin halving market assessment

My assessment is that Bitcoin will start a strong rise like BCH as its halving date approaches.

Therefore, Bitcoin is also expected to start a strong upward trend after the halving on April 20.

$BTC $BCH
#热门话题 #减半

Understand in one article: SAGA, Binance's new potential coin, and its price prediction!

Saga is a Layer 1 protocol whose core goal is to provide specialized chains with unlimited scalability, parallelism, and interoperability, "Chainlets", thus providing strong infrastructure support for applications. The native utility token of the Saga protocol is $SAGA , which is mainly used to pay Chainlets fees, staking, governance, and other ecosystem functions.

Features of the Saga protocol
Unlimited horizontal scalability: Saga allows developers to automatically launch specialized chains for different virtual machines to achieve unlimited horizontal scalability. Each Chainlet can be elastically scaled according to the needs of the application to meet its performance and speed requirements.
Low-cost transactions and predictable chain fees: Developers can choose from a variety of monetization models, including custom tokens, fiat currencies, and stablecoins. The fees of all Chainlets are determined by daily reverse auctions between validators, ensuring low and predictable chain fees.

Automated deployment: Developers can easily create and deploy Chainlets through the Saga WebApp, which can be completed with simple operations.

Interoperability and fast bridging: Saga supports fast asset transfer and interoperability. Users can freely transfer assets between Chainlets while enjoying fast transaction confirmation speed and convenient bridging services.

Flexible stack: Developers can enjoy their own dedicated chain, get the best flexibility and customization to better meet the needs of applications.
Saga ecosystem and development

As of April 4, 2024, Saga has successfully raised $15 million in funds and attracted the support of many well-known investment institutions and projects. Investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment and Chorus One.

Future Outlook
Saga has great development potential in the blockchain industry. Its unlimited horizontal scalability, low-cost transactions and flexible stack provide developers with powerful tools and platforms to help them build the next generation of applications. As the Saga ecosystem continues to grow and develop, I believe that more and more projects and investors will join in to jointly promote the development and growth of Saga.

As the native utility token of the Saga protocol, the digital currency SAGA has great potential and development prospects. Its unique characteristics and powerful ecosystem provide developers and investors with abundant opportunities and possibilities. We are confident in the future development of Saga and look forward to witnessing its brilliant performance in the blockchain industry.

SAGA token launch price prediction
I. Token distribution
Binance Launchpool: 4.50%
Ecosystem and Development Fund: 30.00%
Airdrop: 15.50%
Foundation Reserve: 10.00%
Core Contributors: 20.00%
Investors: 20.00%

II. Price prediction
1. Based on historical yields
The average annualized yield of the first ten Binance Launchpool projects is 150%. Assuming that the annualized yield of this mining is also 150%, calculated based on 4 days of mining, the price of the SAGA token is about 3 USDT.

2. Based on the guaranteed yield
The minimum yield of the SAGA token is 20%, corresponding to a guaranteed price of 3 USDT.
Combining the above two prediction methods, the launch price of SAGA tokens is expected to be between 3 and 5 USDT.

#新币挖矿 #热门话题

How to grow wealth through compound interest: the shortcut from tens of thousands to millions

In the world of cryptocurrency, one of the most effective ways to build wealth quickly is to take advantage of compound interest. When you have a capital of 1 million, you will find that your whole life seems to have undergone earth-shaking changes. Even if you don't use leverage, you can get a profit of 200,000 from just a 20% increase in spot trading, which is already more than most people's income in a year. And when you can make it from tens of thousands to 1 million, you will also master some ideas and logic for making big money. Next, let’s dive into how to grow wealth through compound interest.

Start taking advantage of compound interest: step by step

1. Enough patience
The power of compound interest is huge, but you can't be greedy. You should only take action when you find an opportunity with a high degree of certainty. Patience is the key to success.

2. Choose opportunities with high certainty
Opportunities with high certainty usually refer to the situation where there is a sideways fluctuation after a sharp decline and then an upward breakthrough. Find the point where the trend reverses and enter the market in time.

3. Focus on the long side
In the process of taking advantage of compound interest, only choose long operations to seize the opportunity of rising prices. Avoid blindly chasing ups and downs, and always remain rational.

Risk control of compound interest strategy

1. Low-risk compound interest strategy
Compared with futures trading, the risk of compound interest is relatively low. Through reasonable position management and stop loss settings, risks can be effectively controlled.

2. Set leverage appropriately
Even with a small amount of money, you can achieve wealth growth through moderate leverage operations. Set leverage multiples appropriately to reduce risks.

3. Avoid excessive leverage
Although compound interest itself does not carry much risk, excessive leverage can lead to huge losses. Therefore, be sure to choose your leverage ratio carefully.

The importance of money management

1. Flexible adjustment of fund allocation
Reasonably adjust the capital ratio of spot and futures accounts according to market conditions. Increase positions when opportunities are abundant and reduce positions when opportunities are low to reduce overall risk.

2. Long-term planning and short-term benefits
Small funds should focus on long-term layout and achieve wealth growth through the compound interest effect. Don't pursue high short-term profits, but grasp the long-term trend.

3. Master the degree
Whether it is spot or futures trading, you need to master the degree of position management. Don't take excessive risks out of greed, keep risks within control.

How to grow big with small capital

1. Long-term investment
For small funds, it is more suitable to adopt a medium and long-term investment strategy. Only through continuous position adjustment and long-term investment can continuous growth of wealth be achieved.

2. Take advantage of the compound interest effect
The compound interest effect is the key to wealth growth. Through constant reinvestment of funds and reinvestment of earnings, even small amounts of money can achieve amazing growth.

3. Rational choice
Don't be fooled by short-term fluctuations, stay rational and adhere to the principles of long-term investment. Only through the test of time can you truly see the growth of wealth.

Achieving wealth growth through compound interest is not achieved overnight and requires patience and rational operations. But as long as you master the correct methods and strategies, even a small amount of money can achieve rapid wealth growth. I hope the above content can bring you some inspiration and help in cryptocurrency trading.

#热门话题

Wormhole Token Rollercoaster: Volatility and Airdrop Thrills

The Wormhole token price experienced wild fluctuations, quickly surging to $2 after the airdrop, then plummeting 25%, but quickly rebounding to $1.50. The airdrop attracted the attention of crypto celebrity Beeple and also attracted phishing scams.

Airdrops stimulate price fluctuations
Wormhole’s native token, WHM, experienced a roller coaster of price action following its airdrop on April 4, 2024. Within two hours of the airdrop, WHM price surged to a high of $2, but then quickly plummeted nearly 25% to $1.25. However, it didn't stop there and quickly rebounded, surging over 10% to $1.50 at the time of writing. According to data from CoinGecko, trading volume exceeded $17 million during this period.

Crypto celebrity attention
The airdrop attracted the attention of big names in the crypto space, including renowned artist Beeple. He shared the Wormhole-inspired artwork with his 2.3 million Twitter followers, writing: "I just got some tokens from the Wormhole airdrop, so I wanted to make some art with them." Beeple's participation undoubtedly contributed to the Wormhole airdrop It brought huge attention and popularity.

Phishing scam
The excitement of the airdrop also attracted the attention of scammers. There have been reports of phishing scams targeting users eager to participate in the Wormhole airdrop. These scams often disguise themselves as Wormhole's official website or social media accounts, tricking users into providing personal information or private keys. Crypto enthusiasts like DefiLlama’s @0xngmi and cybersleuth ZachXBT took to social media to warn others of potential scams, urging people to exercise caution amid growing interest in Wormhole activity.

Wormhole raises $225 million
Wormhole completed a major funding round last year, raising $225 million at a valuation of $2.5 billion. Notable investors in the round include leading crypto venture capital firms including Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, and Borderless Capital.

The airdrop of Wormhole tokens triggered huge market fluctuations and attracted the attention of crypto celebrities and the covetousness of scammers. Investors should be more vigilant when participating in airdrop activities and beware of being deceived.

$w

#新币挖矿 #热门话题

IoTeX price surged 30% in 16 hours!

IoTeX: Empowering the Internet of Things and opening a new era of Internet of Everything!

IoTeX is an open source blockchain protocol designed to provide scalability, privacy, and interoperability solutions for connected devices. It provides developers with tools and support for building a variety of Internet of Things (IoT) applications and dApps.

Advantages of IoTeX:
Fast, low-cost transactions: Thanks to the unique Roll-DPoS consensus mechanism, IoTeX can process transactions quickly while keeping gas fees low. Strong Security: Based on the Delegated Proof of Stake (PoS) mechanism, IoTeX ensures network security and rewards contributors. Flexible and easy to use: Compatible with the Ethereum Virtual Machine (EVM), allowing developers to easily migrate existing contracts.

✨ How does IoTeX empower the Internet of Things?
IoTeX combines blockchain technology with the Internet of Things (IoT) to build a secure and trustworthy Internet of Everything ecosystem.
It provides support for:
Data privacy and security: Users have ownership and control of their data, ensuring data security and privacy.
Device interoperability: Different types of devices can securely connect and communicate with each other, breaking down data silos.
Scalability and reliability: Support the access of a large number of devices and ensure stable operation of the network.

IoTeX can be used in a variety of areas, including:
Supply chain management: Track cargo shipments to ensure product safety and quality.
Smart Home: Control home appliances to create a safe and comfortable smart home environment.
Industrial Internet of Things: Improve production efficiency and reduce operating costs.
Wearable devices: manage personal health data and provide personalized health services.

IoTeX future outlook:
IoTeX has a strong team and technical capabilities and is a leader in the Internet of Things (IoT) blockchain space. With the rapid development of IoT technology, IoTeX has huge potential for future development.

IoTeX future price trend
The recent price surge of 30% indicates high market sentiment and strong investor confidence. Positive reviews from multiple cryptocurrency media outlets and websites further fueled the price increase. Frequent news coverage increases project visibility and attracts more investor attention.

If the market lacks new good news, prices may fluctuate sideways within a certain range.During the volatility, investors can pay attention to news and technical indicators and wait for opportunities to enter and exit.

In the long run, the IoTeX project has great development potential and prices are expected to continue to rise.

Positive factors:
Strong technical team and community support. Unique Roll-DPoS consensus mechanism improves scalability and security. Multiple segments are deployed with a wide range of application scenarios. Actively cooperate with other projects to expand the ecosystem.

$IOTX
#IOTX物联网+AI #热门话题

5 rules to help you get rich in Meme currency trading!

Meme coin is a force that cannot be ignored in the cryptocurrency market. Over the past few years, countless investors have made huge fortunes trading Meme coins.

$100 purchased 7 days after $WIF was released, now $1,800,000. $100 purchased 5 days after $BODEN was released, now $1,500,000.

With the right investment strategy and belief, you could be the next person to make enough money on memes.

Do you want to be next?

Here are my top 5 meme currency trading rules:
1. Follow the trend and go wherever the money is made
Don't be stubborn and follow market hot spots to seize the biggest opportunities. When Meme coins explode on Solana, Base and other chains, don’t hesitate and act immediately!

2. Follow the “smart money” and learn from the big guys’ operations
Use tools such as Dexscreener to find the "smart money" who have made profits in Meme currency trading, learn their strategies, and learn from their experience.

3. Analyze whale wallets and look for sniping opportunities
Use tools such as Arkham and Zerion to analyze whale wallet trends, discover potential sniping opportunities, and seize the opportunity when the project is launched.

4. Three pieces of information to assess project potential
Trend alignment: Does the project align with current market hot spots?
Active community: Is the project's TG and Twitter communities active?
High visibility: Is the project well-known in the crypto community?
For early-stage projects, use tools such as TweetScout and lunarcrash to assess their social impact.

5. Sell rationally and exit with profits
Don't be greedy. When the price reaches a historical high or good news appears, you must learn to make a profit and exit to avoid becoming the last man to take over.

#热门话题 #Meme #WIF

Shock! Bitcoin plummeted by $5,000 in 24 hours, and the reason behind it was...

Shock! Bitcoin, the world's largest cryptocurrency, experienced a shocking moment on April 2. It plummeted by US$5,000 within 24 hours, once falling below US$65,000 per coin, setting a new low since March 24.

What caused Bitcoin’s sudden collapse?
1. U.S. Treasury yields rise
Analysts believe that rising U.S. Treasury yields are one of the main reasons for Bitcoin’s plunge. Recently, U.S. Treasury bond yields have continued to rise, with the 10-year Treasury bond yield once exceeding 2.5%, setting a new high since 2019. Rising Treasury yields mean investors can earn higher risk-free returns, making risky assets like cryptocurrencies less attractive.

2. Whale selling
In addition, unusual behavior by a large Bitcoin holder, or "Bitcoin whale," may have exacerbated Bitcoin's decline. According to CryptoQuant data, the whale transferred more than 4,000 bitcoins to the Bitfinex exchange late on Monday night, causing the exchange's bitcoin reserves to surge. This typically signals an increase in selling activity, coinciding with a sudden drop in Bitcoin price at that time.

3. Market sentiment
Bitcoin price has always been affected by market sentiment. Recently, some investors have become concerned about the prospects of the cryptocurrency market, which may have led them to sell Bitcoin, further exacerbating the price decline.

What is the future of Bitcoin?
1. Bitcoin is still up 53% so far in 2024.
2. The Bitcoin halving event will occur in the second half of this month, which may have an impact on the price of Bitcoin. Historically, Bitcoin has experienced significant gains following halving events.
3. Bitcoin will rise another 50% or more in the next few months.

#热门话题 #比特币 #加密货币 #暴跌

Easily achieve 10 times profit, easily earn 1.5 million from 150,000 principal!

Hello everyone, today I want to share a fan’s story with you:

He used a principal of 150,000 to earn 1.5 million in one and a half years, achieving a miracle of turning around with a small amount of money.

In June 2022, he invested 150,000 yuan and bought about one Bitcoin.

At the beginning, he knew nothing about the market and often bought up and down. Later, the market fluctuated and he did not make any money. Instead, he suffered a small loss in November 2022 due to the drop in currency price and stop loss.

After that, the market entered a period of shock. He did not operate blindly, but patiently waited for opportunities.

At the beginning of 2023, after research, he felt that currency prices will continue to rise in the long term.

He decided to adopt a relatively sound strategy: hold 3x leveraged Bitcoin tokens for the long term.

In January 2023, he bought 3x leveraged Bitcoin tokens at a price of $17,509 and has held them ever since.

Until now, the price of Bitcoin has risen to around $70,000.

The funds in his account also reached approximately 1.5 million yuan, achieving a 10 times profit!

His success comes from:
He adheres to the concept of holding 3x leveraged Bitcoin tokens for a long time.

His experience tells us:
You can grow big with a small amount of money, and you can easily make millions!

#热门话题

April Fools' Day joke went big, Bitcoin plunged, and bulls burst into tears!

On April 1st, April Fool’s Day, the price of Bitcoin played a big joke on the bulls.

Board review
Daily level: After rising yesterday, the price of Bitcoin plunged sharply today, falling below the 10-day moving average and the 20-day moving average. Trading volume also increased significantly, showing the strength of short positions.

4-hour level: The price fell back under pressure after touching the upper track yesterday, and the lower track also showed a tentative break. Both the moving average and the energy indicator are biased towards the short side. A weak recovery may exist in the short term, but the rebound space is limited.

1 hour level: After the price dive, there was no rebound and recovery, but a weak consolidation and adjustment, showing an obvious continuation of the weak trend.

Operational strategy
Adjust your thinking, go short on rebounds, and never operate against the trend.
Pay attention to the upper resistance levels: 10-day moving average, 20-day moving average, and 30-day moving average.
Pay attention to the support levels below: the lower track, the lower Bollinger Band track, and the previous low.

April Fools' Day jokes are often unexpected, and the plunge in Bitcoin prices is no accident.
The recent increase in expectations for the Federal Reserve to raise interest rates has put global risk assets under general pressure, and Bitcoin has not been immune.
From a technical perspective, the price of Bitcoin has fallen below multiple moving averages, and the weak trend may continue in the short term. Investors need to operate with caution and take precautions against risks.

risk warning
The market is changing rapidly. The above analysis is for reference only and does not constitute investment advice. Investment is risky, so be cautious when entering the market.

Finally, I wish everyone a happy April Fool’s Day and good luck with your investment!

The bull market is coming, how to make money? Staking mining and airdrops

The bull market is here, and many investors are eager to seize the opportunity to make a fortune. But for investors with low risk tolerance or who don’t know how to operate, how can they make steady profits in the bull market?

Today we will introduce two simple and effective bull market strategies: staking mining and airdrops.

1. Staking mining
Staking mining refers to a way to pledge your tokens to a certain platform or project to obtain rewards.

The income from staking mining mainly comes from two aspects:
Staking rewards: The staking platform or project will regularly issue rewards to stakers based on the number of pledged tokens.

Token Appreciation: If the price of the staked token increases, the staker's income will increase accordingly.

Advantages of staking mining:
Simple operation: Just stake the tokens to the platform or project to get benefits.

Lower risk: Pledged tokens are usually locked for a period of time, but during this period the tokens still belong to the staker and can be unsecured at any time.

Stable income: Staking rewards and token appreciation are two stable sources of income.

Currencies suitable for staking mining in the bull market:
Top currencies with staking mining functions: such as BNB, ETH, ATOM, etc.
Currencies with high liquidity potential: such as SOL, DOT, etc.

2. Airdrop
Airdrop refers to a way for project parties to issue free tokens to community users in order to promote the project. The way to participate in airdrops is usually very simple. You only need to complete some simple tasks, such as following the project's official account, forwarding promotional information, etc., to receive airdrop rewards.

Airdrop projects suitable for participation in the bull market:
Popular projects: You can pay attention to IEO, IFO and other projects of major exchanges, as well as projects invested by well-known investment institutions.

Innovative projects: You can pay attention to projects in some emerging fields, such as DeFi, NFT, GameFi, etc.

Staking mining:
TIA: Supports staking mining, with an annualized rate of return of approximately 10%.
ATOM: Supports staking mining, with an annualized rate of return of approximately 15%.

airdrop:
Osmosis: The DEX of the Cosmos ecosystem, recently airdropped 100 million OSMO tokens.
Stargaze: The NFT market of the Cosmos ecosystem recently airdropped 150 million STARS tokens.

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Simple rules in the bull market: buy right, hold steady, and have a good attitude!

Many people want to make a lot of money in the bull market, but often things go against their wishes. The reason is nothing more than making some common mistakes.

Today, let's share the simple rules for making money in the bull market:

1. Buy right
Buying right is the first step to making money. In a bull market, most currencies will rise, but the increase varies greatly. Therefore, you need to choose those currencies that have the potential to rise sharply.
How to choose currencies with potential? Here are some methods:
Focus on market hotspots: Paying attention to market hotspots can help you discover potential bull market currencies. For example, the concept of the metaverse is hot recently, and related currencies are worth paying attention to. Conduct technical analysis: Technical analysis can help you judge the trend of currencies. Refer to professional opinions: You can refer to the opinions of some professionals, such as the analysis reports of investment institutions.

2. Hold steady
After buying the right currency, the next step is to hold it steady. Many people can't make money in the bull market because of frequent operations, chasing ups and downs, and ultimately leading to losses.
Why do you say to hold steady? Because there are often large fluctuations in the bull market, if you operate frequently, it is easy to be washed out by the market. Only by holding on can you get the profits of the band market.
How to hold on? Here are some suggestions:
Do a good job of risk management: Don't invest all your funds in one currency, diversify your investment and reduce risks. Set stop loss: Setting a stop loss can help you limit losses and avoid liquidation. Firm belief: Believe in the currency you choose and don't waver easily.

3. Good mentality
A good mentality is also an important factor in making money in the bull market. Many people are prone to imbalance in their mentality in the bull market, such as greed, fear, anxiety, etc. These emotions will affect your investment decisions.

How to maintain a good mentality? Here are some suggestions:
Don't expect to get rich overnight: Although there are opportunities to make a lot of money in the bull market, you must also be prepared for long-term investment.

Control your position: Don't operate with a heavy position, and leave enough room for risk. Learn to stop loss: Don't hold on to it, stop loss in time if you are wrong.

Finally, remember one sentence: In the bull market, the money-making effect will magnify all your operations, whether they are right or wrong.

Therefore, you must do a good job in risk management and maintain a good attitude in order to succeed in the bull market!

#热门话题

How can a college student use 3,000 yuan to earn over 10,000 yuan in interest every month?

Many college friends ask me how to make money through funding rates, especially when they have a small amount of funds. How can they use 3,000 yuan to generate interest on a monthly income of over 10,000 yuan?

Let me take Bitcoin as an example to explain in detail:
Suppose you are short when the price of Bitcoin is 73,700, then according to the current rate, the long side needs to pay the short side a funding fee. The specific rates every 8 hours are different. Taking the Ethereum I shorted as an example, a 400U contract (about 3,000 yuan) can receive a capital fee of 13 to 16 yuan every 8 hours, three times a day, which is 39 to 48 yuan.

If you choose the short position well, you can always hold this contract, so that the monthly capital fee can exceed 10,000 yuan. For example, if you are shorting Bitcoin at 73700, and it has been almost a month now, and the price of Bitcoin still has not risen, and it has not even broken through 72000, then you can always hold this short contract and continue to collect funding fees.

Of course, this is just an idealized example. In actual operation, you need to consider many factors, such as:

Funding rates of exchanges: Different exchanges charge different funding rates, so you need to choose an exchange with a lower rate.

Margin ratio of the contract: The lower the margin ratio, the less capital you need, but it also means the higher the risk.

Market fluctuation risk: If the market fluctuates significantly, your contract may be liquidated, so you need to do a good job in risk management.

Here are some things to note when selling short contracts:
Choose a contract with good liquidity: For a contract with good liquidity, the transaction price is closer to the real market price and it is easier to close the position.

Don’t operate with a full position: Never invest all your funds in one contract, leave enough room for risk.

Set a stop loss: Stop loss can help you limit losses and avoid liquidation.

Do a good job in market analysis: Before going short, you must fully analyze the market and determine the market trend.

#热门话题

Binance New Coin: ENA, in-depth analysis and price prediction!

What is ENA?
Imagine a garden where you plant seeds, tend to them, and eventually reap the fruits. ENA is such a garden, and the seeds you sow are ETH.

How does ENA help you harvest?
1. Pledge ETH to obtain stable income
Staking ETH in the ETHENA Garden is like participating in the PoS consensus and contributing to the security and operation of the garden. You'll earn around 3% annualized returns as a reward for your hard work.

2. Short ETH to capture market fluctuations
There is a greater code of wealth hidden in the ENA garden: funding rates. During the bull market, shorting ETH yielded returns of over 50%! ETHENA helps you short ETH, allowing you to easily capture market fluctuations and obtain high returns.

3. Basis trading, steady profits
There is another way to make steady profits in the ETHENA garden: basis trading. By taking advantage of the price difference between spot and contract prices, you can earn stable returns.

4. Internet Bonds, a globally accessible savings tool
ENA is not only a revenue garden, but also a bridge to the future. It will provide a crypto-native solution for currencies that do not rely on traditional banking system infrastructure, while providing a globally accessible dollar-denominated savings instrument - an "internet bond".

ENA Token Price Forecast
Calculated based on the#BNBpool of previous Binance Launchpool new mines, the average annualized rate of return for the first ten periods is 123%. Assuming that the annualized rate of return of this mining is also 123%, calculated based on 3 days of mining, then The price of the ENA token is 0.45 USDT. Calculated based on ENA’s minimum yield of 0.18%, the guaranteed price is 0.18 USDT.

#新币挖矿 #热门话题 #ENA

The battlefield of Meme coins is back again!
Base, Solana, Degen, who has the last laugh?

With the rise of emerging chains such as Base and Solana, Meme coins are setting off a wave of migration in an attempt to capture market heat. The top Meme coin communities have also adopted different strategies in order to regain market attention.

Base: A new battlefield for Meme coins?
In the Ethereum ecosystem, Base has become the center of on-chain activities. Since the implementation of EIP-4844, its daily transaction volume has stably exceeded one million, and its asset volume has doubled, surpassing Blast, becoming the third largest L2 platform.
In order to seize Base's Meme coin market share, a sector with a market value that has just exceeded one billion US dollars, according to data from CoinGecko, an account with the stock code BITCOIN announced that it will be deployed on Base. The news triggered a short-term surge in its price, rising nearly 20% within fifteen minutes of the announcement.

Solana: The gathering place for meme coins
Solana played a central role in the Meme coin craze, becoming a platform for many new token deployments and processing a large number of Meme coin transactions in recent times. The deployment of DOG makes it face the peak of speculative demand!

DEGEN: Find a new way to create an exclusive chain
While competitors are attracting buyers by migrating to existing chains, Base’s DEGEN has taken a different route, attracting buyer interest by creating its own chain and enhancing the utility of the token.

Deployed in partnership with Web3 infrastructure provider Syndicate, with DEGEN as its fuel token, the DEGEN chain is one of the first layer three (L3) platforms built specifically for the community. This move aims to promote extensive experimentation in applications supported by DEGEN, including functions such as tipping, community rewards, payments, and games.

Who has the last laugh?
The Meme coin market is highly competitive, with all parties striving to gain market share. Base has attracted many Meme coin projects to migrate due to its powerful performance and low fees. Solana still has strong appeal due to its first-mover advantage in the Meme currency field. By creating a dedicated chain, DEGEN provides new possibilities for the development of Meme coins.

How will the Meme coin market develop in the future? Who will be the ultimate winner? let us wait and see!

#Meme #热门话题

Bitcoin halving, low-priced cryptocurrencies ushering in a leap forward?

Bitcoin halving, bull market boom?

Every four years or so, the production of Bitcoin is cut in half, which is called the Bitcoin Halving. The halving event will reduce the supply of Bitcoin on the market, theoretically causing the price to rise. Historically, Bitcoin halvings have been accompanied by bull markets.

The 2024 halving is approaching, and the market is ready for growth
In March 2024, there are only 21 days left before the next Bitcoin halving. At present, the price of Bitcoin has begun to rebound, and market sentiment is becoming increasingly optimistic. Many investors believe that the halving will be the catalyst that sends Bitcoin prices skyrocketing again.

Low-priced cryptocurrency with huge potential
In the context of Bitcoin's halving, low-priced cryptocurrencies also have a potential leap opportunity. These currencies are cheap and have huge upside potential, providing investors with the opportunity to make big gains with small gains.

Which low-priced coins are worthy of attention?
Here are some undervalued cryptocurrencies with significant growth potential:

1. Dogecoin (DOGE): Dogecoin is a popular meme coin that gained widespread attention thanks to Musk’s promotion. DOGE has an active community, high market popularity, and huge potential for future development.

2. Shiba Inu (SHIB): Shiba Inu is a community-driven dog-themed cryptocurrency known as the “Dogecoin killer.” SHIB's community is huge and its recent growth is encouraging, so it deserves attention.

3. Cardano (ADA): Cardano is a public chain project that focuses on scalability and sustainability, with strong technical team and community support. The price of ADA has been underestimated for a long time and is expected to explode in the future.

4. Solana (SOL): Solana is a high-performance public chain project known as the "Ethereum killer". SOL has obvious performance advantages, is widely used in DeFi and other fields, and has huge room for future development.

5. Polkadot (DOT): Polkadot is a public chain project committed to achieving cross-chain interoperability and has a strong ecosystem. The value of DOT is underestimated by the market and is expected to be revalued in the future.

$BTC

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