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.
In this market correction, you guys should seize the opportunity! Let's take a look at the following altcoins. Are they useful? With simple Q&A: 1. ONDO: The support level is 0.75-0.73. It is the leading currency in the RWA sector and can continue to be held. 2. ORDI: The current market is sucking blood from the altcoins and is in a period of shock and washing. The support level is 35-32. 3. DOGS: It is recommended to wait and see until the daily line is consolidated. At present, I personally do not recommend continuing to pay attention. 4. DEGEN: Pay attention to the support level of 0.014, which is currently in the stage of high-rise and fall. 5. TURBO: You can enter the market with a small position at the current price. The next support level is around 0.0073. 6. FET: The daily support is 1.02-1.1, which is in the bottom consolidation. The real altcoin market has not yet started. 7. PEPE: Pay attention to the five-day line support. If it falls below, the next support level will be between 0.00001-0.000011. 8. DOGE: The access range is 0.25-0.28, which is suitable for small positions. 9. ENS: If you are a long-term investor, you can cover your position in the 16-14 range. At present, due to the high volatility of the market, the liquidity of the cottage funds has weakened. 10. SSV/ENS: Look at the trend of Ethereum. If Ethereum bottoms out and stabilizes, this series of currencies is expected to strengthen. 11. X coin: Telegram game ecological currency, with a small market value, you can enter the market when it falls back to around 0.00021, but it is not recommended to hold a heavy position. 12. UNI: DEX leader, support level is 7.5-7.8, and you need to wait for the cottage market to pick up. 13. PNUT/BAN/DOGE: PNUT can withdraw principal near the 0.75 support level, BAN support level focuses on 0.07, and DOGE access range is 0.25-0.28.
Will Pepe Coin surge 1500% as trading volume breaks 3-month high?
Pepecoin price is correcting after surging to a daily high of $0.00001480. Despite a 10.6% drop in the past 24 hours, PEPE price is still up 37% in the past week and its trading volume surged to a 3-month high after a bullish breakout. Can PEPE price surge 15x after breaking through five-month resistance? Pepe Coin trading volume hits 3-month high, price breaks all-time high Coingecko data shows that the popular meme coin has a daily trading volume of more than $7.23 billion across three chains (BSC, Ethereum, and Arbitrum One) and multiple exchanges, indicating a surge in trader interest and activity. The last time such a volume level was reached was during the crash on August 5.
At the beginning of the bull market, Bitcoin rose alone, but the altcoins did not follow. Bitcoin fell back, and the altcoins collapsed. It was another day when most leeks lost money.
Leeks were fully invested in altcoins, but the altcoins did not rise but fell. The most silky rise of BTC was only one week, from 67,000 to 90,000 US dollars in one week, even if Bitcoin rose to 120,000 US dollars.
Imagine that there is very little room for going up above 120,000, and the difficulty of operation is also imaginable. Before they had time to get excited, new leeks outside the market just heard the news and rushed in. It was another day of being trapped. The difficulty of operation in the bull market is 9 stars, and most people eventually lost money and left the market.
Here is the code doge. You can open longs near the current price of 0.36. There are signs of stopping the decline at a small level, and it has also reached an important position. The price-performance ratio is very cost-effective. If it does not fall below, it will continue to rise. If it falls below, just make a decisive loss. The defense line is 0.34u, and the target is a short-term high!
Dogecoin Faces Rejection After Testing Three-Year High, Up 40%
Following a series of increases in the past few weeks, Dogecoin rose this week, reaching a new high since three years of trading. Dogecoin has faced setbacks, but if the bull market continues, more increases may occur. This month entered a correction mode, with Doge finding support at $0.142 and bouncing back. This triggered buying, and the price continued to soar, reaching $0.438 today, marking a three-year high. The recent surge in volatility signals the arrival of a bull market, and given the current situation, a greater rebound should occur as demand levels are rising.
Strong support at 85000 and resistance at 90000-92000 for short-term BTC. The upper Bollinger Band on the monthly chart has reached its peak, with no extension above 90k. The top of the 4-hour Bollinger Band is at 91600-92000. Therefore, even if it breaks 90k in the short term, 91600 is the temporarily expected highest point (and can only reach this at best).
Currently, there is no divergence on the daily chart, so there is no deep correction for now. Buying pressure is strong during pullbacks, leading to strong rebounds. The low buy strategy remains unchanged. If the lows are moving down, the take-profit point will also move down.
There is CPI data tonight; if a small spike occurs and penetrates 85200, it may drop to 84000. So, preparations can be made for a possible spike here. Upon return, targets for profit-taking are 87455-87850 and 88800.
Family: When will this round of the bull market peak, and when should we exit? I will tell you when to exit through these points…
1. U.S. Stock Index Reference U.S. stocks are continuously hitting new highs, and the GDP total income of the United States is increasing, with the total market value of U.S. stocks estimated to reach 54 trillion U.S. dollars, marking a super bubble period. The high debts of the U.S. government and enterprises may trigger a debt crisis, affecting the stability of the financial market, which could lead to black swan events and significant declines in various financial sectors.
2. Market Sentiment When there is a nationwide craze for trading coins in the market, with lively discussions about Bitcoin in every corner, various cryptocurrency group chats are exceptionally active, and newcomers are flooding into the market, it is time to be wary of market overheating and consider exiting.
3. Individual Coin Performance When the altcoins held in hand have significantly surged in a short period, far exceeding their reasonable increase, and the fundamentals of the coins lack significant positive support, with transaction volumes exceptionally high, this is very likely a signal of major players driving up prices to sell off, and one should consider exiting during this rise.
4. Macroeconomic Factors If there is a clear downward trend in the macroeconomic environment, with slowing economic growth, worsening inflation, and tightening monetary policies in various countries, this will have a negative impact on the market, and it is time to consider exiting.
5. Policy Changes When the government introduces a series of regulatory policies targeting the cryptocurrency market, such as those from 94 and 519, and the regulatory documents released, it signifies the end of the market's upward trend and requires consideration of exiting.
1. It is better to follow strong leading shanzhai coins even in a rising market rather than easily investing in weak low-position coins. In a rising market environment, it is usually large funds, institutions, and smart money that dominate, and these funds validate the market potential of strong coins through actual investment.
2. Keeping up with these already validated leading coins is safer than blindly betting on low-position coins. As retail investors, if you only rely on personal guesses to chase gains or mistakenly believe that low-position coins will be accumulated, or even just rely on a certain technical signal to enter the market, it often makes trading full of uncertainty.
3. Go with the trend and reduce unnecessary detours. In a rising market, large funds, institutions, and smart money are often the main driving forces, and they validate the value of strong coins through their actual actions. Overall, following the footsteps of large funds, avoiding blind operations, moving steadily forward, and avoiding being led by market sentiment.
If the people around you are worried when the market rises and are also complaining, and the same goes for when the market falls, no one is providing you with professional analysis to help you understand why the market is falling or rising, you will always be forced to trade based on the emotions of this circle.
If you are in a quality circle where everyone is learning earnestly, discussing truly valuable matters, interpreting the latest news about the market, and performing professional analysis of market trends, in a positive environment, then your mind will be at peace, allowing you to make the right decisions.
As Bitcoin approaches $90,000, can XRP's price quickly double to $1.5?
XRP's price hovers on the brink of a potential 100% breakout, possibly pushing it to $1.5 or even higher. In the past 24 hours, XRP's price increased by 5.1%, trading at $0.6054. For this asset to soar 2 times to $1.5, it needs to break through a key barrier. Meanwhile, Bitcoin's price has surged over $10,000 in the past 24 hours, reaching a high of $89,561. Will BTC reaching $90,000 trigger an XRP breakout? Bitcoin's surge has pushed XRP's price up to $1.5. As Bitcoin approaches $90,000, XRP is targeting a price of $1.5. BTC has driven an increase across the entire cryptocurrency market, with a market cap rising 5.5% in the past 24 hours to $3.117 trillion. XRP's price has increased by 19.2% in the past 7 days (coinciding with Donald Trump's election win, which triggered a Bitcoin rebound).
In the $mask3 trade, I entered at a price of about 3, and then the price climbed to a peak of about 3.3, achieving a return of about 10% in just a few hours.
In the $ACT trade, I entered at a price of about 0.43, and the price quickly surged to 0.64, yielding an astonishing return of over 40% in just one hour!
When the market is in a significant upward phase, I adopt a prudent strategy of gradually reducing my position to lock in profits. I am well aware that a healthy market trend is always accompanied by fluctuations; ups and downs are the norm. The market won’t shoot straight up without any pauses; there will inevitably be pullbacks along the way. It is these pullback opportunities that provide us with a great chance to buy at lower prices again!
Solana's price could soar 900% after this breakout
The recent breakout in Solana's price has put it back on track for a potential significant increase. The SOL price has risen 5.2% in the past 24 hours and is currently trading at $219.05. By market capitalization, Solana is the third-best performing asset among the top ten cryptocurrencies, and after this breakout, the first layer (L1) chain could surge 900%. A 900% increase in sight? Solana's price is expected to achieve a major breakout. On November 5, after Trump's victory, the SOL price broke out of a 234-day consolidation. In the week following November 5, Solana's price rose 14%, reaching a high of $224.
My investment strategy is not limited to price, but focuses on trends. In my view, price does not determine the end of a trend, so when asked about price movements, I often cannot give a definitive answer. This is because I have observed that many investors miss opportunities by being overly focused on price when a bullish trend first appears, ignoring the power of the trend.
Take the market trend in 2021 as an example; data shows that a large number of investors chose to exit when the price of Bitcoin was in the range of $20,000 to $30,000, including many long-term holders. The reason they did this was largely because the previous high was only around $19,000, whereas in 2021, the price of Bitcoin broke through $69,000.
I am not predicting how high this current trend can reach, but I firmly believe that it is far from over. Even if the price rises to $100,000, I will still hold on. Of course, this is just my personal investment strategy and not investment advice to others. In the field of investment, everyone should make independent decisions based on their own risk tolerance and investment objectives.
Pepe vs Bonk: Which Meme Coin Can Make You a Cryptocurrency Millionaire Faster?
Since the surge of Dogecoin, meme coins have attracted investor interest with their explosive returns, community support, and easygoing background. Shiba Inu made miracles during the bull market of 2021, and now, the cryptocurrency market is on the brink of another round of rebounds. PEPE shows enormous potential, while BONK has profited greatly from the hype around Solana meme coins. However, which meme coin will deliver 1000x returns, making visionary investors cryptocurrency millionaires? Are there other safer options? Let's find out.
The recent market trend is in full swing, and the bull market momentum is unstoppable. As the saying goes, 'A bull market does not speak of a top.' Bitcoin set a new historical record yesterday, showcasing a rapid increase in value!
Looking ahead, the bullish trend is expected to continue, so we should not have overly high expectations for today's pullback.
From the price trend perspective, the current K-line pattern is in a phase of rapid ascent. This obvious upward trend requires us to closely follow the market pulse and act accordingly. During this process, the most critical aspect is to manage risks effectively to ensure proper defenses are in place.
In terms of operational strategy, it is recommended that investors moderately increase their positions when Bitcoin pulls back to the 87300–87800 range, while setting 86500 as a stop-loss point, aiming to move steadily within the trend. The target price can be set around 91000.