The outcome is already determined; I wonder if everyone is aware of the overall situation.
2024, the king returns!!
CZ is back! Trump is back! However, I advise everyone to allocate positions reasonably and avoid brainless operations!!
First, if Trump is elected in November, he won't take office until January next year.
Secondly, most of the policies proposed by Trump will be difficult to implement in the past four years.
Trump is favorable for the cryptocurrency market, but it may not be that exaggerated.
Thirdly, don't forget that whether the economy has a soft landing or a hard landing, it has not landed yet. Under sustained high-interest rates, the market lacks liquidity. There used to be a team worth $400, now it's a $50 advertising selection process, with many KOLs competing for opportunities.
Although the probability of a soft landing for the U.S. economy is increasing, black swans and soft landings are not contradictory. Although Japan's inflation is likely caused by imported inflation due to high U.S. interest rates, the U.S. may gradually lower interest rates, and Japan may temporarily raise interest rates.
Fourth, there has never been a precedent in U.S. history for a president to revert to being a former president and then become president again. I don't understand politics, but there may be some contradictions or crises within the two parties, within the party, or in political and economic aspects.
In summary, the macro situation is good, but the road ahead may not be smooth.
Main upward trend, altcoin season, may still need time.
This round of the bull market's biggest dark horse has repeatedly reminded to build positions!
DOGE
Market Value: $31.174 billion
24-hour trading volume: $7.462 billion
Is Dogecoin also taking off? Is Musk ascending to the heavens? Dogecoin is skyrocketing against the backdrop of the upcoming election!
Trump's momentum is strong, and Dogecoin suddenly surged 27%. It's terrifyingly strong!!!
With Musk's support, this coin has already taken the entire market by storm.
If Trump wins, the cryptocurrency market may surge, and if Musk becomes the Minister of Efficiency, Dogecoin will definitely take off and become one of the winners!
In this wave, Musk is also giving it his all. If Trump wins, then Musk will ascend to the heavens; if Harris wins, Musk might face consequences later! For major coins like DOGE, even if Trump loses, it won't directly lead to a collapse of the fundamental logic. Prepare in advance, and don't fear going to zero.
Lastly, a very crucial point for us: besides the U.S. election on November 5, there is also the Federal Reserve's interest rate decision on November 7-8. Looking forward to taking off again, the main upward trend of the bull market will arrive soon.
1. Spot
Use cost for stop-loss. Don't let emotions influence your subjective judgment; you can't assume that if Trump wins, there will definitely be a wave of spectacular upward trends immediately. It's wrong to stubbornly resist if the market falls. You need to see where your cost line is to decide whether to enter or stay in your position. Be willing to accept certain losses, but don't hold on stubbornly.
2. Altcoin
It's recommended to build positions in two phases. The first phase is to buy altcoins you are very confident in on the left side; the second phase is to buy altcoins that come out after the big coin stabilizes at previous highs on the right side.
3. Bitcoin
Spot trading should be based on your own holding cost, but it's judged that now is not the top of the bull market. Our trading decisions regarding Bitcoin are merely aimed at reducing our holding costs to obtain more of the big coin; this should depend on your own ability.
4. Golden Pit
If a golden pit can be created, I believe it is the best opportunity to enter before the main upward trend. Entering will lead to a rise. From the holding experience, it will be very good, but please discern whether the bottom of the pit is V-shaped; personally, I feel that it should be W-shaped to be called a golden pit.
The current total market value of the cryptocurrency industry is about $2.5 trillion. The explosive growth period has passed, and there will no longer be a general rise like 'chickens and dogs rising to the sky.' However, the ecological explosion period has not yet arrived, as there have not been many large-scale ecological projects launched. This means that from the perspective of retail investors, the future strategy needs to shift from holding altcoins passively to seeking projects that may have ecological explosions; misjudging the trend may lead to serious losses in the future. Besides BTC and a few high-market-value leading projects, there are several broader options:
Market value must be small, preferably below $100 million (even below $10 million is better, ideally with no large institutional investments in the early stage); a small market value has the significant advantage that a positive news can easily increase tenfold.
The government continues to work, official media continue to update, and code continues to optimize (providing the possibility of ecological explosion);
It's best to have a concept, you never know when the wind will blow by;
It's best to still be in the primary market, and not yet listed on major exchanges;
Do not over-invest, do not over-invest, do not over-invest;
It's not easy to get rich in the industry anymore, but opportunities are still much greater than in other markets. For large funds holding large coins, other funds should be dispersed to find opportunities; the rest is to wait. Learning to wait puts you ahead of over 95% of people.
