"Looking back at the big crash in the cryptocurrency circle on March 12: Newcomers are timid, but veterans are calm!"

Today, let's talk about the "Dark 312" in the history of the cryptocurrency circle - the major crash on March 12, 2020, so that those who have just entered the cryptocurrency circle can experience the storms and waves of the cryptocurrency circle.

March 8: Bitcoin suddenly fell from $9,200 to $8,300, and ETH fell from $250 to $210. Everyone felt that this was a great opportunity to buy at the bottom!

March 9: Bitcoin fell again from $8,300 to $7,700, and ETH also fell from $210 to $190. After falling for two consecutive days, everyone began to believe that it was cost-effective and continued to buy at the bottom!

March 10 and 11: The market fluctuated, and everyone was bullish and bought heavily, thinking that this time it was stable.

March 12: The plot took a dramatic turn. Bitcoin plummeted from $8,000 to $5,500 in one day, and ETH plummeted from $200 to $120, a drop of 31% and 40% respectively! The altcoins fell even more dizzyingly, and the 312 incident was born.

March 13: Bitcoin and ETH continued to fall, and everyone basically collapsed. Friends who were engaged in contracts, whether they were long or short, all had their positions liquidated, which was truly "everything back to zero".

Joke moment:

Newcomer: "Oh, what's going on in the cryptocurrency world?"

Old bird: "Calm down, this is all about tempering."

Market: "Do you think this is the end? No, this is just the beginning

#PHRYGES of the sol chain are in full circulation, and community autonomy is in full swing. Half of the tokens have been destroyed. Although they have experienced two heavy blows to zero, there is still a group of like-minded community volunteers who are unwavering and always stick to doing things. Since there is no way out, it will definitely soar to the sky!

I have been through two bull markets and many crashes.

I know exactly why:

- Exiting the market means staying calm now, but fear of missing out (FOMO) six months later.

- Accumulating positions will be stressful now, but may earn millions of dollars six months later.

It's all up to you: 7 great strategies for today 👇

1/ Realistic review

- The bull market is over, crypto is in doomsday, and everyone is panicking.

- There have been worse times.
- Should we have taken profits earlier? Of course.
- Now that the decline has occurred, let's think about the next move.

2/ Strategy change
- Abandon risky moves, because they are tantamount to gambling.
- If there is no stablecoin, hold it; if there is, buy more.
- Only buy strong and proven coins.

3/ Market uncertainty
- The market is full of variables.
- Liquidity will flow into BTC and $ETH first, but it's hard to tell beyond that.
- I've collected seven low-risk strong tokens to start accumulating now.
4/ BTC and $ETH
- The main investment should focus on BTC and $ETH.
- These tokens will be successful long-term investments.
- Yesterday's trading volume reached $244 billion in 24 hours.
5/ @solana - $SOL
- $SOL is a successful long-term investment.
- It is the only practical altcoin besides $ETH.
- Buy at $115-120 and keep an eye on the market.
6/ @ton_blockchain - $TON
- The $TON ecosystem is well marketed and attractive.
- I have held $TON since it was $2, and now is also a good time to enter the market.
7/ @pepecoineth - $PEPE
- Core fundamental strategy for memecoins and long-term investing.
- Market cap: $3.32 billion
- Price: $0.0(5)8040.
8/ Additional advice
- Do not do any major rebalancing right now (except moving altcoins to $ETH).
- Do not lock positions.
- No stablecoins? Just hold.

Those who survive this cycle will walk away with millions of dollars. $SOL of the chain is in full circulation, and community autonomy is in full swing. Half of the tokens have been destroyed. Although it has been hit by two zeros, the community is steadfast and always sticks to doing things.

Arrange these coins in advance, and you will make a lot of money in 25 years❕

1. Bitcoin ($BTC ): $80,000 - $100,000 (up 29.67%)🚀
2. Shiba Inu ($SHIB): $0.05 - $0.09 (up 338,653%)🔥
3. Ethereum ($ETH): $4,000 - $4,500 🌟
4. Solana (SOL): $600 - $1,000 🌞
5. Dogecoin ($DOGE): $0.67 - $1.45 🐕
6. Avalanche ($AVAX): $63❄️
7. Artificial Intelligence Super Intelligence Alliance ($FET): $3.47 - $5 🤖
8. Binance Coin ($BNB): 1,000 - 1,500 💼
9. Token ($TON): 10 - 26 💎
10. Cortex ($CTXC): 0.64 - 1 📈 The first choice and ambitious goal for 2024: I want freedom, no matter what, reminding me of Marianna's liberty hat, I found the sol chain's Friger. Coming to the crypto market is for freedom, and freedom is also in line with the lifelong pursuit of ordinary people. Buy Friger, a symbol of freedom, today, let us send a message for a better future and believe in the power of freedom.
$NOT #PHRYGES #美国大选如何影响加密产业？ $SOL

$BTC Bitcoin ETFs have traded about $2.5b so far, a lot for 10:45am, but not too crazy (full history below). If you bitcoin bull you actually DONT want to see crazy volume today as ETF volume on bad days is a pretty reliable measure of fear.

On flip, deep liquidity on bad days is part of what traders and institutions love about ETFs, so you also want to see volume too, good for the long term.

Finally, I recommend #PHRYGES This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.$BTC #加密市场反弹 #美联储何时降息？

$BTC Based on the provided context, Elon Musk seems to have expressed concerns about the financial market and the Federal Reserve's decisions.

He suggested that the current financial situation may not be favorable for investments beyond Treasury bills, indicating a potential expectation of a market correction. He also criticized the Federal Reserve for not lowering interest rates sooner, implying that such a move could have been beneficial for the economy.

The arrival of the Olympic Games will undoubtedly give birth to a hundredfold MEME, the biggest hot spot is what? The flowing athlete, the mascot of eternity.#PHRYGES $SOL #加密市场急跌 #BTC走势分析 #美联储何时降息？

You think it's the bottom of the mountain, but it's still halfway up the mountain!
Is 805 worth remembering? Wait and see, maybe there will be an 806 or 807 that you will never forget. The roof is very high, and you can be calm when buying at a low price!

Nowadays, there is a wailing in the 805 coin circle. Many people are clamoring to buy at the bottom. The OTC premium of USDT has reached 7.6. My personal suggestion is that the current bottom may not be the real bottom. Everyone must be calm when buying at the bottom! The reasons are as follows:

It is expected that the US stock market will open lower, and the decline in US stocks will drive the cryptocurrency market to continue to fall.
The special meeting of the Federal Reserve is not credible. The work efficiency of Americans has never been trustworthy. Interest rates will not increase immediately, and the benefits will not be immediately apparent.
Risk of war. The situation in the Middle East is very tense and may break out at any time. Military expenses need to be paid with the coin circle.
There are many gamblers who buy at the bottom. The more people there are, the more anti-human the dealer is, and they must be cleaned up. The above is my personal opinion!
Personal opinion: The coin circle only concerns the overall situation and the dealer.
$BTC $ETH #PHRYGES

$ETH You may not believe it, but although Ethereum has fallen so hard, the bull market pattern of Ethereum has not yet been destroyed:

First of all, Ethereum has not fallen below the upward trend line; secondly, the four waves of Ethereum are not coincident with the first wave (according to the wave theory, in the five-wave bull market structure, the fourth wave cannot coincide with the first wave).

Ethereum has now fallen to the support level, but Bitcoin's current position lacks effective support and may continue to fall to around 43,000.

If Bitcoin continues to fall, will Ethereum be taken below the support level? This is what I am currently worried about.

Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.#加密市场反弹

If we look at the past 94, 5.19, 3.12, and now the 8.05 crash, we will find that every bull market is about to come after a sharp decline. Perhaps this crash will become a marker in crypto history, along with a bull market to come. The crypto market went through a deep washout before the bull run. Some people attribute this crash-like correction to the failure of continuous storage regulation, thinking that this is the biggest negative. However, the market is always concerned about interest rate cuts and interest rate increases. The interest rate cut was considered a good thing, but now that it has been decided, some people say that the interest rate cut is too little and is a bad thing. And if the rate of interest rate cuts increases in the future, it is considered to be a need for funds, which is also negative. In addition, some events such as tensions in the Middle East, Bitcoin compensation, Trump's situation, etc. are regarded as negative factors for the market. In fact, past history also tells us that every bull market is caused by a crash.

Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.$BTC
C

This morning, the head of the Swiss Bank called me. He told me that the 20 billion fixed deposit I had there was due and asked when I was going to withdraw it. I was really confused because I'd never saved any money there. Then, I asked in the family group and found out that when I was in primary school, my dad bought several thousand BTC and put them in the Swiss Bank. Back then, they were bought for just a few yuan each, but now they're worth 20 billion dollars. When a person suddenly gets rich, they really don't know how to spend the money. At that time, I'll even get a Rolls-Royce Cullinan for my nanny.

Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.$BTC $1000SATS

You think it's the bottom, but in fact, it's still halfway up the mountain! Is 805 worth remembering? Wait and see, maybe there will be unforgettable 806 or 807. The rooftop is very high, be calm when bottom-fishing! Today, on 805, the cryptocurrency market is in mourning. Many people are yelling to bottom-fish. The off-exchange premium of USDT has reached 7.6. Personal advice from Xianxian: The current bottom may not be the real bottom. Everyone should be calm when bottom-fishing! The reasons are as follows:

1. The U.S. stock market is expected to open lower. A fall in the U.S. stock market will drive the cryptocurrency market to continue to decline.
2. The interim meeting of the Federal Reserve is not trustworthy. The efficiency of Americans has never been trustworthy. Interest rate hikes will not be implemented immediately, and good news will not come immediately.
3. War risks. The situation in the Middle East is very tense and can break out at any time. Military expenses need to be paid by the cryptocurrency market investors.
4. There are many gamblers bottom-fishing. The more people there are, the more anti-human the bookmaker is. It is necessary to clear out another wave.$BTC #加密市场反弹 #美联储何时降息？ #PHRYGES

Why don't I let everyone chase the short position and buy the bottom? The reason is simple. Not everyone can afford the consequences of failure. After today's black swan event, I received WeChat messages from many friends. The amount of losses was huge. Some lost 270,000 U, some lost 130,000 U, some lost 90,000 U, and some lost 20,000 or 30,000 U. However, no one complained. After all, the currency circle has always been like this. High volatility is accompanied by high returns. Profits and losses are the same. If you enjoy high returns, you must face up to the risks.

Smile when you can't make a profit, and curse when you lose money. Or you don't have money, but you want to get rich in the currency circle. Such a mentality will inevitably lead to distorted behavior. In the currency circle, even if you don't use leverage, your fear and greed will be infinitely magnified.

Buying the bottom is very risky. 49xxx seems stable. If it falls to 45,000 after entering the market, can you accept it? If not, don't buy the bottom. How to buy the bottom? Keep an eye on the transaction, wait until the next low point after stop loss, stop loss all the way and copy until you copy to a solid bottom. Ask yourself, can you do it? Can you keep up with position management? If you can't do it, why do you copy the bottom? Do you not stop loss with a high multiple and full position, take a look when you think of it, and ignore it when you don't think of it?

Chasing shorts, in the case of oversold, if there are no external factors and black swan events, it will inevitably rebound. Chasing shorts at this time, if there is no news and black swans, you will be stuck. Do you have to wait for the next black swan to rescue?

Don't let longs during the rebound, go and see if Kent sodium returns to the lower track of kc1 at the 4-hour level? If it doesn't return, it may not be a V-shaped reversal, maybe just a rebound. What if the market suddenly changes in the second half of the night?

Why are your transactions always so reckless? Close your eyes and high-multiple all-in, just waiting to make money? Money is not easy to make, even children understand this truth. The stock market is like a harvester, and the cryptocurrency world is a super combine harvester with a V12 engine and twin turbochargers.

$BTC $SOL #加密市场急跌 #JumpTrading转移资产 #PHRYGES

An extreme thing, look at both sides. If the US stock market continues to collapse, it may force the Federal Reserve to change the timing and benchmark of the interest rate cut. After the closed-door meeting, if, I mean if, it is decided to cut interest rates in August or raise the benchmark for the September interest rate cut from 25 to 50, then after we survive this period of market, the sun will still be shining. My friend, do you believe in light?
Now, a unique and huge opportunity is presented before us! #PHRYGES of the sol chain is fully circulated, and community autonomy is in full swing. Half of the tokens have been destroyed. Although they have experienced two heavy blows to zero, there is still a group of like-minded community volunteers who are unwavering and always stick to doing things. Since there is no way out, it will inevitably soar!

It’s been a long time since I’ve seen the market so prosperous. I was so moved that I cried.

On August 25, 2024, the price of Bitcoin is likely to be between $64,496.64 and $59,717.65. This prediction is based on current market trends, the upcoming Bitcoin halving event in April 2024, and overall market sentiment towards the cryptocurrency.The Bitcoin halving event occurs approximately every four years and is expected to have a significant impact on the price of Bitcoin. Historically, Bitcoin prices have surged following halving events as a decrease in the rate at which new Bitcoins are created increases scarcity and potentially drives up demand.In addition to the halving event, the recent approval of a Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC) in January 2024 has also contributed to the positive market sentiment towards Bitcoin. The launch of the Bitcoin ETF is expected to attract more institutional investors and increase the overall liquidity of the Bitcoin market.However, it is important to note that the cryptocurrency market is highly volatile and is affected by a variety of external factors, such as regulatory changes, global economic conditions and market sentiment. Therefore, the actual price of Bitcoin on August 25, 2024 may differ from our predictions.It is also worth mentioning that the price of Bitcoin has seen significant growth over the past few years, with its value reaching an all-time high of $68,789 on November 10, 2021. Although prices have since experienced a decline, the overall trend is positive, with prices almost doubling between January and July in the first half of 2023

Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.$BTC

In the current economic situation, the investment opportunities of pepe and orai are worth paying attention to. The last sharp drop before the interest rate cut may be a rare opportunity. Once the interest rate cut starts in September, funds may quietly withdraw in mid-August. However, its rise is also rapid, which is undoubtedly a golden moment for investors.

Pepe is the leader in the field of counterfeit currency, and ordi is the leader in inscriptions. It is recommended that you consider buying in batches. Looking back, from 2004 to 2006, the Federal District Federation successfully raised interest rates as many as 17 times, all of which were gradual operations, with each increase of 1 code, gradually adjusting the interest rate to 5.25%. Until the outbreak of the financial crisis in 2008 and the subsequent Great Recession, the economic situation took a sharp turn for the worse. The Federal District Federation took a surprising measure and slashed interest rates by 100 basis points, bringing the interest rate close to zero. This was one of the most active economic rescue actions in the history of the Federal District Federation at the time.

Finally, I recommend #PHRYGES . This is the coin I like recently. The community consensus is strong, the atmosphere is good, and the narrative is the freedom cap that symbolizes freedom. It is pretty good and can be used as an ambush.

$ORDI When it dropped to $3, did any of you dare to bottom-fish? None of you did! Now I tell you that there is a project on the chain that I am very optimistic about. It has risen more than 50 times and then pulled back to the level before the rise.

Do you dare to bottom-fish now? What I'm talking about is #PHRYGES . This coin has experienced major ups and downs. The community is still there, the narrative is good, and the popularity hasn't gone. Those who have the guts can try investing a small amount of funds.

Although the entire circle is crying out in pain due to the decline, look at the monthly line of Bitcoin. It's still okay. From 73,000 to 52,000, the decline is only about 30%!
(73,000 - 52,000) / 73,000 * 100% = 28.7%
A 30% decline is quite normal. The bull market is still there, but it just looks a bit bearish temporarily. This is a normal correction in a big bull market! You can check the correction range during previous bull markets. A 30% decline is very normal.

2. If you have money, buy some Bitcoin. Next year, you will be grateful for your operation. Rest assured that the big bull market will only end next year. The first small peak will be in March 2025, and the second peak will be in October 2025. The big bull of this cycle will completely end then!3. Before October 2025, all declines are good opportunities to increase positions!

Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.$BTC $ETH $SOL #美联储何时降息？ #美国政府转移BTC

$PEPE
This may be your last great opportunity before the rate cut. Once the rate cut begins in September, some people may quietly leave the market in mid-August. The rise will also be quite fast.

This is undoubtedly your precious moment. Pepe is the leader in the field of counterfeit money, and Near is the leader with AI potential. You may consider buying in batches.

The Federal District Association successfully raised interest rates 17 times between 2004 and 2006, all of which were gradual, with each increase of 1 point, gradually adjusting the interest rate to 5.25%.

However, in 2008, the financial crisis broke out, followed by the Great Recession, and the economic situation took a sharp turn for the worse. In this situation, the Federal District Association made an unexpected move, which was to cut interest rates by 100 basis points, bringing the interest rate to a range close to zero. This was one of the most aggressive economic rescue measures in the history of the Federal District Association at the time.

Finally, I recommend #PHRYGES . This is the coin I am optimistic about recently. The community consensus is strong, the atmosphere is good, and the narrative is the freedom cap that symbolizes freedom. It is pretty good and can be ambushed.

Amazing gains indeed$ETH

firmly held building publicity phryges will lead to victory✌ My heart is firm and calm You won’t be frightened by a 99.9% drop. These negatives: recessionary interest rate cuts, war crisis in the Middle East It's all done mechanically This decline is just to clear the long leverage Cleaned up now Wall Street will definitely buy it tomorrow The violent bull market is about to begin I just feel the excitement I've never felt before #PHRYGES

My apologies. Having a drink. Continuing on…. Crashes are times When the brave get richer and the cowards get poorer…. Because they sell or do nothing. The world is filled with poor cowards. Be smart. Grow Some balls, stay calm, and invest when the cowards are quitting. Take care.
$BTC $ETH #PHRYGES

History seems to have a fate that is difficult to break! Whenever interest rates are cut, U.S. stocks fall into extreme panic and plummet all the way. Bitcoin has been cut in half, and altcoins have been wiped out! Since 2017, this phenomenon has never been an exception and has become an unchanging rule! All this shows that the Federal Reserve's control over the economy has completely failed, the haze of recession is overwhelming, and the market's trust in the Federal Reserve has dropped to rock bottom. In the current chaotic situation of more than 3,000 currencies, funds are extremely dispersed. Trying to capture a currency that has increased thousands of times or hundreds of times is simply a dream! In comparison, flatbread is undoubtedly the best choice! Secondly, position control is crucial! According to your own financial situation, it is enough to use about 30% of the funds for currency speculation. Do not take loans or stud! Investment must not affect normal life, otherwise it will turn into gambling, and gambling is destined to be a loser's game! Over the years, the market has gone through ups and downs, sometimes with momentum and indomitable momentum; sometimes it continues to fall, making people panic. But no matter what, it will eventually return to normal. Therefore, even if you are deeply trapped, as long as it is a mainstream currency, just wait patiently!
$BTC $ETH #PHRYGES