A classmate in the community shared with me yesterday his experience of making 200,000 yuan recently.
He bought 400,000 TRB when the price was between 70 and 90 yuan, and sold it at a profit of 30%, making a net profit of 200,000 yuan.
His logic is this: TRB is the most evil coin in 2023. It has caused countless contract parties to go bankrupt. The trading style of this dealer is very exaggerated. Basically, he does it once a year, and he will have no worries about food and clothing for several lifetimes.
So he was sure that after TRB rose from 40 to 70, it would continue to rise. In order to verify his logic, he first bought 100,000, and then as it kept rising, he kept adding to his holdings.
Until you get off the bus and cash in your profits

Since the development of the cryptocurrency industry, there are actually only three epic opportunities to get rich quickly: BTC, ETH, and BNB.
These three opportunities to get rich quickly are certain. If you seize any of them, you can break away from the original wealth gravity. It is no exaggeration to say that your money will basically increase as you spend it.
Those who buy BTC to get rich are top-level people, those who buy ETH to get rich early and passively. Those who buy BNB to get rich are those who understand that An An can become the world's number one.
The others are all small opportunities to get rich quickly, one is Sol, one is Dogecoin, and last year's Inscription. It can also be considered an opportunity to get rich quickly.

I know that many people will not buy Bitcoin because they think its price is too high and they can’t make much money from it.
But they have not considered one factor. That is, in the second half of the real bull market, many people are reluctant to sell their stocks.
The price comes from supply and demand. Supply is selling and demand is buying. If there is only buying and no selling, then even a small amount of money can push the price of Bitcoin to a very high level.
Will there be many people selling Bitcoin in this bull market? Judging from the current fluctuations, the number is far less. In 2019, it fluctuated by 10% every week.
Now it fluctuates only once every six months. It shows that many people really believe that Bitcoin will reach 1 million US dollars in the future. So I am sure that more people are reluctant to buy it, because these people know that if I sell it, I can't buy it back. If I sell it, it won't improve my life. Why should I sell it? I can't start a business with money and it won't be better than Bitcoin. Why should I sell it?

Many people did not participate in this rune. Some people disliked the high gas price, and many people were not optimistic. I bought a little first to get a base.
I buy stocks with a market value of $1-3 million. I won’t buy stocks with a market value of $100-200 million for the time being.
The cost of marketing in the cryptocurrency circle is very high. Traffic means money. The project team has come up with so many tricks and launched wave after wave of airdrops based on the rune narrative.
In order to make money, the first thing to do is to boost the price. If the price is not boosted and retail investors are required to buy first, no one will buy.
Only when the rune is pulled up desperately can it cause fomo. If it falls at the beginning, it will leave a bad impression on the market.

The previous bull markets all broke through the previous high six months after the Bitcoin halving, and then continued for a year.
The cyclical pattern of the cryptocurrency market is three bears and one bull.
This round of bull market started when Bitcoin broke through 40,000 last year. During this period, it also brought a new narrative, the Bitcoin ecosystem, which naturally includes inscriptions.
Before the halving day, Bitcoin had already broken through the previous high several times. From March 2 to April 12, it took a full month to break through the high point of the previous bull market.
This is naturally due to external factors such as ETFs, but the more powerful factor is the internal factor: the storage value of Bitcoin is widely recognized, and the external factor works through the internal factor.

The stock price plummeted again in the morning. The cottage industry has returned to the starting point, and the big cake has fallen below the fixed investment line. People with money are relieved and can continue to invest.
It took 4 months to go up and two days to fall down. This is the truth of the cryptocurrency world.
You must learn to lose before you can win. You must gain experience from your own experiences.
My consistent strategy towards copycats is that as long as I can make some money, it doesn't matter how much I make, as long as I can exchange the money for big profits.
I know that most currencies are just efficient tools for transferring wealth, and of course what is transferred is the wealth of inexperienced people.
Therefore, it is best to accumulate experience as early as possible before the bull market breaks out. Paying more to learn more and asking more questions is the fastest way.

I got up early in the morning and received several messages that several people who went to play nada were cut off.
Last night, Zhima issued an announcement saying that it would compensate Nada for its abnormal losses, hoping that it would have a clear vision, give full compensation, and freeze the funds used in malicious market manipulation.
I guess the most likely scenario is that they will compensate a portion of the profits, each with a 50% penalty, and then remove Nada from the shelves as a warning to others. They will definitely be the ones who make the most money.
For more information about NADA, please refer to "How Sesame and NADA Harvest Arbitrageurs"
I just wrote about this trick yesterday, and there are still people going there. This is an obvious trap, I didn't expect there are still people who would play it.
They were unable to close their arbitrage positions yesterday. Why? Because there is no counterparty in the market. How can the exchange, which is your counterparty, close your position for you?

When someone says yes, you just go for it, you are so drunk with the drug that you hold on to it and refuse to sell it, and the result is that you lose everything.
I suggest that all those who play with cryptocurrencies should immediately quit the impetuous group.
The type of this group is the one that shouts "blockchain is killing people" as soon as the market drops, and then posts a GIF of a frog collapsing emoji.
I hate groups that post this kind of emoticon. I will quit if I see one. I really think it is too low.
I hope you will also stay away from this kind of low temperament. Once you are infected, it cannot be washed away.
Look at the temperament of people who make money, calm as water, composed and quiet.

A Brief Analysis of ena
The founder of the ena project is very good at choosing tracks, and stablecoin is a super big track.
In the cryptocurrency world, stablecoins and public chains are all super large projects. If they are successful, the profits will be unlimited and the ceiling is high enough.
This kind of super large project is actually like building cars or opening a bank in real life, and it is very difficult.
You see, USDT makes billions every year, and part of the money is used to buy Bitcoin. Others exchange USD for their USDT, but they buy USD into government bonds or deposit them in banks, and live a comfortable life with the interest rate hike. You think 5% is too little, because you have little money. They have become the first stable currency, and their financial management income is better than most companies. Moreover, there may be only a few people working in the company, so the labor cost is extremely low. This is the ultimate efficiency of the blockchain world.

In fact, many people do not have the basic meta-cognition about whether making money depends on luck or strength.
Of course, there is a standard for distinguishing between luck and strength: it mainly depends on whether this methodology can be used repeatedly to accumulate more capital.
Many people in the cryptocurrency world have lost money. If they make money or lose money based on luck, then if he has lost 1 million, he probably made 300,000 on paper. If he lost 100,000, he probably made 30,000.
The ratio of loss to profit is 7:3. Losses are always greater than profits, so the probability of losing money by luck is extremely high.

March has passed, and Bitcoin has increased by 16.6%, closing at the beginning of 7.
According to historical statistics, as long as the monthly line closes with a positive line, there is a high probability that the next month will have a positive line.
Let’s take a look at some data:
Bitcoin rose 43.57% in February, 0.7% in January, 12.09% in December last year, and 8.9% in November last year. 28.47% in October last year.
This continuous upward trend is the momentum of the bull market. As long as this momentum continues, it will be easy for you to make money.
Therefore, if during a bull market, one of the months starts to close, you should pay attention to yourself at this time and do not start the buy-buy-buy mode. You should be extremely careful. Everyone should have the awareness to turn bubbles into assets.

In recent days, market funds have been very quiet, as if they are all waiting for some news or some sector rotation.
But before there is rotation, no one knows which direction the market will choose for the next small trend.
In the past few days, I pulled and pledged the track, then pulled old POW coins, and then pulled mem coins. The rhythm of meme coins is basically like this. When the hat dog pulls, sol pulls, and then doge pulls. Finally pepe also pulled it. The shib is also pulled down. But they are all pulling the strings with small funds, testing the trend.
Why do they want to pull the market? In fact, the logic is very simple, because if they don't pull the market, then the users of their currency will be sucked away by other coins.

As long as you have stayed in this circle for a period, as long as you have been deeply involved, then you must have sold out, missed out, and cut your flesh.
There are always people asking if Bitcoin can still be bought now that it is so expensive. Isn’t it silly to accept the offer? In fact, Bitcoin can be purchased at any time.
I sell a lot of them myself.
I can sell Feizhen not because I don’t understand, but because I understand that most coins in this circle are scams.
I never listen to what the project team says. If I get on the air currency ship, I will be ready to jump off the ship at any time. Most of the people on the air coin ship will sink.

We say that Bitcoin is valuable mainly because it can keep rising, allow you to make money all the time, resist censorship, resist violent deprivation, is easy to carry, can be transmitted freely, and gives personal wealth the inviolable freedom attribute.
Air coins have no value because they will not continue to rise. They will only make most people lose money and a few people make money.
I thought everyone who plays currency knows this. But in fact most people don’t know.
Why do most people keep losing money in the currency circle? Many people find various reasons.
They will think that others make money because of their own abilities, and there are various reasons why I lose money, such as: I don’t know how to sell, the location where I sell is not good enough, I don’t know how to buy, and the buying price is too high. I don’t have the information advantage, I just wish I had bought it earlier. I don't have enough money. My execution ability is so bad, it would be better if I did more, and it would be better if I didn't play with the contract. I wish I had known how to use his method when playing contracts.

There are so many transactions in the market because people's judgments on prices are biased.
People who have been on Bitcoin for 7 years will feel that today’s price is very reasonable. US$70,000 is just a break from the previous high and squeezed out the previous bubble.
Newbie friends will think that the current price is 70,000 US dollars. This thing cannot be eaten or used. Why is it so valuable? It must be a trick to cut leeks.
When Bitcoins are worth 5 million or 10 million each, these newcomers will feel that the previous price of US$70,000 is too cheap.
Let’s just talk about people who recently got on the bus and bought Bitcoin. If Bitcoin is now $30,000, then after these three months of accumulation, as long as he understands Bitcoin and perceives price changes in this market, he will feel that $30,000 is actually very cheap.

If you know someone well, get along with them day and night. You may be able to guess 70% or 80% of his thoughts.
If it’s a group of friends you play with often, you might guess three or four of them correctly.
If you try to guess what a group of strangers think about a thing, the result is likely to be completely different.
The trend of the currency market is essentially the result of the psychological effects of a group of people.
Whenever I see someone drawing lines to predict the market or looking at indicators to predict the market, they are actually using divination to guess the market.
I call these behaviors the Great Dance.

There are many cruel truths in this world, and many people live half their lives without being able to understand them.
People who don’t understand the truth have been arbitraged wildly by those who do.
In this complex and cruel world, I hope you can be a person who understands the truth.
If you can understand it, then what I write will be of some value.
Let me tell you a few stories first.
I once attended a banquet in the countryside. During dinner, I took a bottle of drink, poured myself a bowl, and handed it to a middle-aged woman next to me. She immediately refused with a very resistant expression and said, "I won't drink this." of.

I recently sold dydx and gmx that I had held for a long time and replaced them with uni, sol and bnb.
The reason is also very simple. I have tried it a few times anyway. I feel that it is very inconvenient to play contracts on the chain. The experience is not as good as that on the exchange. It is difficult for this kind of contract play on the chain to have a large audience in the short term. It is not like buying spot. Just buy the spot and carry it in your wallet. You have to check the contract from time to time, which is very inconvenient. Especially for large funds, if this or that problem occurs, it is easy to cause capital losses. For these reasons I sold them all.
If you just want to make some money, in the early stages of the bull market, I think buying national meme targets is better than some projects with complicated mechanisms. Such as doge, such as shib pepe. Basically making 3 times the profit, I don’t think it’s a big problem. If the market is good and the entry position is good, you can expect to earn 5-10 times. Finally, just replace the foam with the flatbread.

The day before yesterday, Teacher Huang invited me to play. We drove around the lake. On the way, he said that the sui has been going up and down recently. It was a pity that he didn't do the swing.
Every time he made up his mind to sell, but was afraid of selling out, the result always fell from 1.7 to 1.5 several times. This time he decided to use part of the funds to do swing trading.
Don't be afraid if you sell it, it's best to make a profit, otherwise your ideas will be blocked.
I asked him to short APE last year, and when I could earn 40% by staking the proceeds by buying APE, his arbitrage turned into a swing. He made money after a few waves, and then he closed the hedging contract directly. , directly engaged in spot trading, but the spot price plummeted, and I lost tens of thousands. Recently, I cut off my meat, and I lost more than 10,000 yuan after deducting the arbitrage income. The actual loss was more than 30,000 yuan, because I am sure that I can earn money. Calculated, plus the opportunity cost, I estimate that it can be calculated as 90,000 yuan. Because the pie is rising, the money earned is also certain. We currency-based people will not take money or u. Yes, you can basically get the big cake.

If a person wants to understand something, it must be based on the worldview framework he understands.
For example, when we read a novel or watch a movie, if we don’t understand the world view in it, we won’t be able to understand why people can do such things, such as being able to fly and have various powers. You must first agree with it. Only by setting his worldview can you continue reading.
The same goes for your understanding of the world. Only by understanding its worldview can you understand its laws.
Some people say that the financial market is a miracle. It allows people with no money to participate in investment, distribute dividends to the stocks of large companies, and let smart people work for you.