Many people think that investing in cryptocurrency is simple:
You invest ten thousand dollars, don't worry about it, and sell it for one million after ten years.
However, the reality of cryptocurrency is like this——
You enter the market with ten thousand dollars, and the next day it turns into five thousand. That night, you toss and turn, unable to sleep. Every deep night that follows, you wake up to go to the bathroom, and you check the market on your app.
After enduring a year, the price fluctuates between 1000 and 6000, you're exhausted, and you resolve: if it can rise to 9000, you'll cut your losses and exit. However, when the bull market arrives, your coins rise to 8500. You remember a few past rises and falls, thinking it must retrace to 6000, so you sell at 8500, preparing to buy again after the retracement. You definitely made a profit, but this time, the market didn't return to 6000; instead,
you hesitate, fearing that if you don't get back in, you'll miss the opportunity, so you chase it from 8500 to 9000, your position returns, but your coins are fewer. Then, it retraces from 9000 to 7000, and you waver again. Watching it rise to 12000, you finally made a profit, but when you calculate the annualized profit, it's 20%, and you console yourself: this is also a good investment!
This is the true portrayal of a novice: all-in, full position, cutting losses, chasing highs and selling lows, repeatedly struggling.
If you are also confused, follow me, and let's communicate and learn together.
In the cryptocurrency world, if you want to earn 1 million yuan from tens of thousands of yuan, there is only one way!
That's rolling. When you have 1 million yuan in capital, you will find that your whole life seems to be different. When you can make 100,000 yuan from tens of thousands of yuan, you will also be able to grasp some ideas and logic of making big money. At this time, your mentality will be much calmer, and the rest is just copy and paste.
Don’t always boast about tens of millions or hundreds of millions. Start from your actual situation. Bragging all the time only makes you feel good. Trading requires the ability to identify the size of opportunities. You can’t always have a light position or a heavy position. Usually, you can play with a small position. When a big opportunity comes, don’t miss it. For example, rolling positions can only be operated when a big opportunity comes. You can’t roll positions all the time. It doesn’t matter if you miss it, because you only need to roll successfully three or four times in your life to go from 0 to tens of millions. Tens of millions are enough for an ordinary person to advance to the ranks of the rich.
Recently purchased several mainstream coins in the DeFi sector Whether for the long term or short term, holding them feels really comfortable They are resistant to decline, and the trend has been consistently good, stronger than most other coins in the sector Mainly due to the Trump Fund continuously buying DeFi coins, boosting the popularity of this sector Let's take stock AAVE, CRV, LINK, LDO, UNI, etc. Given the overall weak performance of altcoins at present, buying these mainstream coins Can help avoid some risks The wealth effect of other altcoins may still have to wait until December to end To kick off a new round of bull market sector rotation
In a bull market, sector rotation is frequent and rapid. By preemptively positioning in popular sectors and popular coins, one can enjoy the maximum extent of buying low and selling high. So, what are the popular coins in the popular sectors of this bull market? meme: doge, pepe, act, neiro, bonk, cat, floki, moodeng, pnut, aI artificial intelligence: wld, agix, glm, fet, arkm, ctxc rwa: ondo solana: sol, ray, jup, jto, inscription: ordi, sats, bisoswap distributed storage: stx, fil, ar, web3.0: mask, ens metaverse: sand, mana, axs, ygg, pixel, ol defi lending: aave, comp defi oracle: link, band
Before the big coin took off, you said the bull market was over and the bear market had begun, shorting it, the more you shorted, the more it rose, the more it rose, the more you shorted, and it blew up. The big coin rose independently and you said this round of big coin bull market, nothing else would rise, you went short on Ethereum, and it blew up again. Ethereum caught up and you saw the altcoins not rising, so you shorted the altcoins, and it blew up again. In the end, after losing everything from shorting, you realized the bull market had come, you jumped in to go long, BTC broke 100,000, filling you with excitement, and the market reversed to clear leverage, and it blew up again. Now you feel the bull market is over again, continue to short the altcoins. Perfectly going bankrupt among all the opportunities to make money. Now you want me to listen to you and run fast.🤣
In the future, pay more attention to the potential coins in the AI sector below: #GOAT provides a new user experience and token usage scenario through interaction with the AI "Truth Terminal".
#OBOT supports dual chains (Solana and Aptos), increasing its application diversity and compatibility.
#ACT and #DEFI are a popular current direction combining AI technology with blockchain, as there is strong market demand for AI-driven applications and services.
#AI16Z has an active community that not only helps promote the project but also continually improves and develops the token's ecosystem through community feedback.
#ZEREBRO generates music with AI, promoting the application of AI in the arts, with strong community support and high market recognition, and it supports multi-platform operation.
I personally believe these tokens are highly innovative, combining AI with blockchain, and have new ideas or technologies. The community support is strong, market performance is good, and there is relatively large development space.
Massive Purchases of Dogecoin Boost Market Sentiment
Dogecoin has attracted attention as significant investors have purchased a total of 160 million DOGE in the past 24 hours. Prior to this, Dogecoin's value had increased by 350% over the past few years. The growing demand has sparked discussions about whether this cryptocurrency could potentially break the $1 barrier. Whale purchases have bolstered market confidence. According to information shared by Ali Martinez, DOGE whales purchased 160 million DOGE in one day, causing a stir. These large-scale purchases have created a positive atmosphere in the market, supporting Dogecoin's price trend. Investors have indicated that these purchases have enhanced hopes for greater profits.
MEME will not disappear, PVP will always be there, but it is difficult for the entire MEME track to achieve the same dominant position as this year again. This year's rise did not originate from MEME itself, but more from the decline and abandonment of VC coins.
Many of the MEMEs released later are essentially just variations of VC coins. Retail investors believe there is hot money in the MEME track, so they get involved. In the eyes of the big players and speculators, retail investors are just hot money; wherever retail attention goes, hot money follows. Since retail investors like memes, we should create memes.
This year, the MEME track did not see any truly exceptional projects; each one claims to be the next Shiba or the next Doge, but in fact, none have even reached the sustained FOMO level that Ordi initially experienced. This is fundamentally due to the issuers behind them. Everyone wants to cash out and leave, with exchanges serving as exit channels.
No matter how many times it's proven, a person's long-term investment gains and losses depend on the system, not on whether a particular bet was lucky.
However, there will always be people who, when your asset rises, shout 'awesome'; when it falls, shout 'foolish'.
The cruelty of this situation is that it shows that in this market, most people will never understand how to properly participate in speculation and investment, and they will never learn it.
After SOL dropped to 220 at night, a small-scale rebound began. Today, pay attention to the level of 225.6. Only if it stands firmly above this level on the 4-hour chart can we expect a rebound to start. The targets/resistance levels above to watch are around 229.3-233.5-237.6! (If it stands above 229.3, the daily chart enters bullish territory).
If today the 4-hour level cannot stay above 225.6, it indicates that the rebound lacks strength and the market will not go up; continue to pay attention to the support levels below around 220.4-216.5-211.8!
SOL is too weak today, it hasn't touched 229 and has been continuously declining. The first support level has already been broken. Pay attention to a rebound at 225 during the night; if it can firmly stay above this level on the 1-hour chart, then a small-level rebound may begin. The target/resistance levels above to watch are around 229.3-233.5-237.6! (If it stays above 229.3, the daily chart will enter a bullish phase). If the 1-hour chart cannot rebound above 225 tonight, it indicates that the rebound lacks strength and the market will not rise; it will continue to decline, with support levels below to watch around 220.4-216.5-211.8!
Bear markets surge rapidly, bull markets drop quickly. A sharp decline can cut off long positions, cleansing and intimidating the market. A massive liquidation signals a bottom, with adjustments often reaching a conclusion in one step.
Funds are shifting towards altcoins, making trends hard to change. Currently, the enthusiasm of bulls and trading congestion has not reached the peak of the 2021 bull market.
The hype around old DeFi is benefiting significantly from leading players in niche fields, with enhanced brand, scale, and customer stickiness improving bargaining power and increasing retained earnings to enhance shareholder returns. The RWA market size is exploding, and DeFi may become one of the biggest beneficiaries.
During the market transition period, adhere to the principle of 'the strong remain strong.' Criteria for selecting leading assets: first, the coin price breaks through the March resistance zone; second, the decline during corrections is small, while the rebound increases significantly.
AVAX and Its Breakthrough Chances—Will Whales Continue to Have a Say?
After a difficult week of sharp declines and poor performance, AVAX has begun to recover. In fact, at the time of writing, its momentum has pushed its daily gain to 13.28%—a sign of renewed market interest. However, whether this rebound can be sustained remains in question. Thus, AMBCrypto examined whether AVAX still has upward potential in the coming days. Support levels drive AVAX's recovery. The support level recently identified by IntoTheBlock has become a major catalyst for AVAX's upward trajectory, enhancing its momentum over the past 24 hours. The support level is precisely $41, which is key to the altcoin's upward trend.
After SOL dropped to the first support level, it started to consolidate. Today, it has already broken below the 229 level, indicating that yesterday's rise was merely a strong rebound at the 4-hour level. Currently, it is a failed rebound at the 4-hour level, turning bearish!
Today, pay close attention to the 229 level. As long as it holds above this level at the 4-hour level, the smaller time frames may start to rise, driving a rebound at the 4-hour level. The targets/resistance levels to watch above are around 233.5-237.6-240.9! (If it holds above 229, the daily level will also turn bullish)
If the smaller time frame cannot rise above 229 today, it indicates that the rebound lacks strength, and the price will not go up. Continue to pay attention to the support levels below around 224.3-220.4-216.5!
Phase 1 The coins that are rising are all the ones you don't have, or even the ones you have never bought.
Phase 2 The coins that are rising are all the ones you have bought, but didn't hold.
Phase 3 You really can't hold on any longer, and finally switched positions to chase other coins. You'll find that the originally strong coins immediately retrace after you chase them, trapping you. Even more frustrating is that the coins you held for a long time just took off right after you switched positions.