When Bitcoin was at $25,000, we were always concerned about when the bull market would start? When would we see our assets increasing in value? Now that the price of Bitcoin is about to break through $100,000, many people are beginning to worry: If Bitcoin reaches $100,000, will the bull market end? Should I start to sell at the top?
Here I would like to clarify a few certain facts:
First: The bull market may not end until at least the second half of next year, or even last longer, and BTC may continue to rise.
Second: Trump will officially take power on January 20, 2025, and will subsequently introduce a series of policies that are favorable to cryptocurrencies.
Third: The entire first half of 2025 will still be: the year of the Federal Reserve’s interest rate cuts, with large capital outflows, which is beneficial to the entire cryptocurrency circle.
Fourth: The start of the bull market will not begin until 6 months after the BTC halving, which means that this round of bull market will officially begin in November 2024. This is just the beginning!
After reading the above points, do you have a clear idea in your mind? ! !
What should I do now that I have so many counterfeit goods in my hands?
If at this time, your entire warehouse is filled with altcoins, without a single BTC or ETH, and all are altcoins, what should I do? This question may be the most considered question by many small retail investors at this stage:
The first thing that needs to be made clear is that those users who are fully invested in altcoins at this stage and do not have mainstream coins must be users who do not know how to manage their positions. The most direct result is that they have not made much money in this round so far.
If you are still a full warehouse cottage at this time, you should do the following:
1. If you are holding the leading copycat stocks, continue to hold on to them and don’t get off easily. If you get off halfway, it will become more difficult to get back on board.
2. Continue to hold RWA, Depin, BTC ecology, and other leading currencies in this round of bull market, because there will be room for speculation when the bull market comes. There is more room for imagination.
3. If the tokens you hold have not doubled since the 8.05 tragedy, just give up. Please believe: the strong will always be strong, and the big brother will always be your big brother. The black swan of global finance, more than 320,000 people in the currency circle were liquidated today, and the liquidation scale exceeded 1.2 billion USDT!
4. Don’t be easily fooled by FOM. You need to stay calm at all times and make sure to trade on the right side.
Many people here asked about my position management. Today I will disclose it here: My position configuration in centralized exchanges is: BTC60%+ETH20%+altcoin leader15%+short position5%.
Cold wallet: only stores: BTC+ETH.
I have been strictly following this position management plan since July 2021. There are many detailed operations involved, such as:
1. If ETH is at $3,500 now and I don’t want to miss out, what should I do? If it falls to $2,800, what should I do in detail?
2. Which copycat leaders should I invest in? How can large funds steadily increase their assets by 5 to 10 times in this bull market? These questions are currently involved in the private board of directors’ meeting. I will gradually disclose the details of the operation here later.
To earn more than 8 figures?
First: You must manage your position well. I won’t say much about the importance of this. It can directly determine your lower limit and your upper limit of probability.
Second: Learn more. Learning may not necessarily bring you good luck, but it can give you a higher level of cognition, protect your wealth, and make your many trading operations more rational. Currency Circle: Absolute dry goods, you still have to spend money to learn. No one is willing to tell you the experience of years of losses and the model of stable profits. This is an exchange of value.
Third: Don’t be carried away by Fomo emotions. Oftentimes, the biggest problem of our losses comes from our panic of missing out. I have said this many times before: missing out is far worse than being trapped.
Fourth: You must dare to seize opportunities. I have made several transactions public this year. In March, when the BTC price was 73,580, I closed all leveraged and contract transactions. When the 8.05 tragedy occurred, I continued to build leveraged positions when BTC was at $54,000 in the following days, and continued to increase positions at $56,000. At present, all of these are held by one person. These are all public, and our private board students also follow the operation. Here is to emphasize one point: when the opportunity comes, you must dare to take action if you understand it, and you must trade on the right side, rather than panicking about whether it will fall to $40,000. Trading: We can only do the most cost-effective, there is no absolute best!
Fifth: Establish your own profit system: Judging from my stable profits in the past five years, what I need to do is to continuously optimize and improve my own trading system. All buying and selling require sufficient reasons to support and convince yourself. In this way, you will slowly form your own buying and selling logic, thereby achieving long-term stable profits.
