Let's take a look at Sun 'Cut' Yu-Chen's life resume

Sun Yu-Chen, born in 1990 in Qinghai. He entered university in 2007 under Peking University's adjusted admission policy, and was once teased as a 'third-tier student who made a comeback'. In 2011, he went to the United States for further studies and received funding from Chen-Ning Yang. In 2012, he ventured into Bitcoin investment, making tens of millions in a short period, completing his original capital accumulation.

In 2014, he built many virtual titles based on his study abroad experience, such as 'Buffett Alumnus', 'Outstanding Graduate of the University of Pennsylvania', 'Tesla Investor', 'Holder of 1000 Bitcoins', and 'President of Ripple Greater China'. In 2015, he became the only post-90s student in the first cohort of Lakehouse University, earning the title 'Jack Ma's youngest disciple', and was selected for Forbes' list of 30 Under 30 entrepreneurs in the same year.

In 2017, Sun Yu-Chen founded TRON, and its public chain was accused of plagiarizing code, yet it still became one of the top three public chains in the world. In 2018, he sold 6 billion TRX at a high price, making a profit of 12 billion overnight, earning him the nickname 'One Sun Cut', and he was referred to as the 'Jia Yueting of the crypto circle', after which he quickly went to the U.S. to operate TRON. He is also a major private holder of Ethereum, with assets expanding from tens of millions to hundreds of billions.

In 2019, Sun Yu-Chen spent 30 million yuan to bid for a lunch with Warren Buffett but repeatedly defaulted, attracting global attention and successfully making a name for himself, but also leaving Buffett with a poor impression of Chinese entrepreneurs. During this period, he also cashed out on TRX, making profits of hundreds of millions. In 2022, to evade U.S. sanctions, he spent 100 million dollars to obtain Grenadian citizenship and serve as a diplomatic ambassador, thereby gaining diplomatic immunity, and met with representatives from Singapore, Russia, the EU, and other parties.

Now 33 years old, Sun Yu-Chen is already a millionaire, regarded as a 'legend in the crypto circle', and even claims to participate in the U.S. presidential election.
Performing very well, with the potential for hundred-fold returns!!! $ETH $ETH $XRP #比特币战略储备 #BTC再创新高 #币安LaunchpoolVANA #VELODROME将上线币安

In the cryptocurrency world, there are some little-known facts or tips that are often overlooked but are very important. Today, I would like to share a few:
1. Cost averaging is not as simple as it seems.
For example, if you invest 10,000 U when a certain coin is priced at 10 U, and then you add another 10,000 U when the price drops to 5 U, your average cost is actually 6.67 U, not the 7.5 U that many people think. This situation is very common in a volatile market, and understanding this cost calculation method is helpful for managing positions.
2. The power of compound interest is astonishing.
Assuming you have 100,000 U and earn 1% daily, if you can maintain 250 trading days in a year, your assets will grow to 1,323,200 U after one year. Continuing for another two years, your assets could even reach tens of millions. Of course, this result is based on a stable rate of return, but the hidden challenge is how to consistently maintain this compounding effect.
3. The relationship between probability and take-profit/take-loss.
If your investment success rate is 60% and you set 10% take-profit and stop-loss each time, after 100 trades, your total return could reach 300%. But this premise is that you strictly follow your trading plan and are not influenced by market fluctuations, especially in a highly volatile market where you need to remain calm.
4. Greed is the biggest enemy.
If you start with 10,000 U and earn 10% each time, on the 49th day your assets could reach 1 million U, on the 73rd day it could break 10 million, and on the 97th day there might even be a chance to exceed 100 million. However, in reality, almost no one can achieve this because most people cannot control their greed during the process, leading to failure halfway through. This is why many traders, even if profitable, find it hard to sustain their success.
Contract trading and position management.
In contract trading, position management and capital management are key to success or failure. Many people use 20%-30% of their principal as the base position, but I personally prefer to use only 2%-5% and employ 20x leverage. This effectively controls risk and avoids emotional decision-making due to excessive volatility.

A wonderful fate, after finishing breakfast, I wandered around the hotel library to see if there were any old books. A young lady staff member came over and chatted with me. During our conversation, I found out that she is from the Miao ethnic group in the mountainous area of Liuzhou, Guangxi. She has heard a lot about the Zhuang and Yao ethnic groups, but there shouldn't be many of this ethnic group in Guangxi! Born in 1997, she graduated with a major in nursing. After working in a hospital for a few months, she applied to work in the medical office at Club Med in Beida Lake, and then went to Aliboo and Changbai Mountain. Last winter, she was in Hokkaido, and during her free time, she also learned to snowboard. Now she has been in Lijiang for two months, and all their staff members rotate from all over the world. This summer, she plans to go to France. What an amazing life experience, much better than working in a hospital. I wish her all the best in the future. She said she doesn't have a boyfriend yet and wants to find a guy who speaks Cantonese, and she doesn't want to date a colleague. Haha! I wish her all her dreams come true, and we added each other on WeChat.
Performance is excellent, with the potential for a hundredfold increase!!! $BTC $ETH $XRP #比特币战略储备 #BTC再创新高 #纳斯达克100指数宣布纳入微策略 #币安LaunchpoolVANA #VELODROME将上线币安

Today's market hit a record high in the morning and then reached 106665, which began to fall under pressure. It is inevitable that it will fall after rising. It fell to 104245 at noon and began to rebound. We have been reminding everyone to enter the market boldly and go long. The bullish momentum has not been fully released. At present, the price ratio has ushered in a warming upward trend. Bitcoin is currently running around 105000. Ethereum strongly rose to 4024 in the morning and then was blocked and pressured to retreat. It has ushered in a warming trend. The most challenging thing for the long and short positions is a calm brain, not blindly or head-on. The next million is you!

From the current market, we can see that the 104500 line has formed an effective support and is relatively strong. The correction in the afternoon did not exceed expectations. From the four-hour level line, the bulls are still strong and there is no sign of weakening, just like a wild horse. The price ratio is attached to the upper track of the Bollinger band and has been rising. There is no obvious resistance above. We are still optimistic about the bulls' performance in the future, but we should also pay attention to the retracement. Keep a clear mind at all times.

Operation suggestions
Buy Bitcoin at 104500-104700, target 106000
Buy Ethereum near 3940, target 4020
#BTC重回关键位置后走势 #纳斯达克100指数宣布纳入微策略 #VELODROME将上线币安 #比特币战略储备 #币安LaunchpoolVANA

Zhuo Chen's evening thoughts on Bitcoin's high points are moving down. It's better to let the bears come a little slower; a market without a crash is unreasonable. Please be bold and go short, set aside distractions, and strive to be the first wave of those who profit from the bear market crash. The process is tough but worth it!

In the short term, a thousand-point move in Bitcoin is already considered ultra-short. It’s not what I aim for. A five-thousand-point move in the coming period is inevitable, so please pay attention!

For Bitcoin, I recommend going short at the 103,000 to 103,500 range, looking down to 98,000/96,000.

For Ethereum, I suggest going short at the 3,900 to 3,930 range, looking down to 3,700/3,650#纳斯达克100指数宣布纳入微策略 #币安LaunchpoolVANA #VELODROME将上线币安 #BTC重回关键位置后走势 #SUI再创新高 .

MicroStrategy MSTR officially enters the NASDAQ-100 index, meaning Bitcoin is integrating into the world's leading innovative market backbone.

From the first quarter ETF to entering the trading market index in the fourth quarter, 2024 will be a fulfilling year for Bitcoin, and the price of Bitcoin is bound to break through $150,000 next year.

Ethereum should break its new high of #币安LaunchpoolVANA #VELODROME将上线币安 #纳斯达克100指数宣布纳入微策略 inscriptions core around the end of the month.

——Good news for HY players——
Bitcoin/Ethereum market analysis and operation strategy

Bitcoin/Ethereum market has been rising for the past two days and has fluctuated sideways at a high level again. The trend has been strengthened to a certain extent. The short orders that were arranged the day before yesterday also reached the target position and stopped profit during the decline the night before yesterday, which can be seen in the previous section. The market rose again in the morning, and Bitcoin directly broke through 102000 to around 1026660, but the upper 103000 was also the first time to break through 104600 and retreat under pressure. Especially when it rose close to the pressure and the new high, there was no need to chase more. Although Ethereum has also risen in the past two days, the overall trend is not particularly strong. After rising in the evening of the two days, it began to fall back, but the market is still in a narrow range of fluctuations, with pressure on the upper side and support on the lower side.

There are certain signs of shock consolidation in the Bitcoin/Ethereum K-line pattern. Long lower shadows and upper shadows appeared on the daily line, indicating that the market is fiercely competing between the long and short sides. In terms of technical indicators, the current DIF and DEA of MACD are both positive and gradually rising. The MACD bar chart is red and expanding, indicating that the short-term upward trend is strengthening. The subsequent support below is not broken and the bullish trend remains, but it needs to face certain adjustments in the short term, not to mention that the weekend market has a certain repair space.

In terms of operation, short orders are entered near 102500 to 103000 for Bitcoin, with a target near 100000;

Short orders are entered near 3940 to 3970 for Ethereum, with a target near 3870.

At present, the market is mainly in waves, and the publication is effective, with real-time guidance as the main focus. The article strategy is limited, and no real-time reminders are given. For more real-time questions, click on my avatar and follow my profile to find me. In this bull market, let's all reach the peak together
#币安LaunchpoolVANA #VELODROME将上线币安 $SUI $AVA

The first proposal of the WLFI community has been approved and will deploy an Aave v3 instance on the Ethereum mainnet $AAVE $BTC $ETH #VELODROME将上线币安 #BTC重回关键位置后走势 #AVA突破3美元

Kyodo News of Japan said that the Bank of Japan is considering skipping the interest rate hike at the next interest rate meeting. If the interest rate hike is skipped, the possible reason is: it is necessary to evaluate the impact of Trump's coming to power. The Bank of Japan's interest rate meeting in January 25 is exactly three days after Trump took office. Let's see what the new big brother's face is like.
In addition to the previous data from the Ministry of Labor and Powell's speech, etc.
It feels that all departments of the United States, plus Japan, are waiting for Trump's new policies after taking office.
In this way, in the stage when Trump just took office, there may be some uncertainties in the US politics, economy, and whether Japan will raise interest rates.
On the contrary, there should be no thunder this month, but it is estimated that there will be no obvious upward breakthrough this month.
It is speculated that this month should be dominated by fluctuations, and with the influence of the dot plot, Christmas, and year-end clearing, there may be a certain amplitude. #比特币战略储备 #AVA突破3美元 #SUI再创新高 #BTC重回关键位置后走势 #VELODROME将上线币安

For high-leverage short-term contract traders like myself, the essence of trading can be summarized as: setting limit stop-loss orders at key points for precise speculation. In our trading dictionary, there are no absolute expressions like 'it will definitely rise' or 'it will inevitably fall,' because market trends cannot be precisely predicted. All technical analysis is essentially based on probabilistic laws summarized from past market movements. Therefore, the essence of trading lies in how to accurately identify key positions in the market and how to set reasonable stop-loss limits to conduct risk-controlled speculation.

I tend to underestimate indicators and place more importance on candlestick patterns. I believe that all technical indicators are derived from price movements, and the current price reflects the capital dynamics and emotions of all market participants, as well as the comprehensive results of all indicators' predictions. Therefore, my core basis for judging key points is candlestick patterns.

In candlestick patterns, key points are relatively intuitive and usually include the following four elements: the high and low points of the range after a one-sided market, the upper and lower edges of trend lines, and the necklines in pattern combinations. These four elements form the underlying logic of classic candlestick patterns. Only by deeply understanding and mastering these four key elements can we achieve a state of ease in analyzing candlestick patterns, thereby orchestrating strategies in short-term trading and seizing opportunities.

#纳斯达克100指数宣布纳入微策略 #币安LaunchpoolVANA #VELODROME将上线币安

Methods to Unwind After Being Trapped in Cryptocurrency Trading
Unwinding in the crypto space refers to the process of selling a cryptocurrency once its price rebounds to near the buying price in order to recover funds. Learning to trap is to truly learn hunting; learning to unwind is to truly understand market trading.

There are generally two types of unwinding methods:
1. Active Unwinding Strategies
1. Cutting Losses: If you realize that buying was a serious mistake, especially if you bought at the peak of a previous surge, you must have the determination to decisively cut your losses to ensure the safety of your funds. The crypto market offers numerous opportunities; as long as your capital doesn't experience a significant loss, you can always earn it back.

2. Switching Coins: If the coin you hold is trapped and in a weak position, with potential for further decline, and you accurately assess that another coin has greater potential for an upward trend, you can decisively switch to the new coin to offset the losses from the old one with profits.

3. Short Selling: When you determine that you are deeply trapped and cannot cut your losses, and there is further downside potential in the market or for a specific coin, you can use short selling. Sell the trapped coin first and wait to buy it back at a lower price to effectively reduce the cost.

2. Passive Unwinding Strategies
1. Averaging Down: If the buying price is not high or if you are confident about the future market, you can opt for averaging down. However, ordinary investors usually can only withstand one or two rounds of averaging down, so the timing for averaging down is crucial.

2. Waiting: If you are deeply trapped with a full position and cannot cut losses or add more funds, you can only passively wait. As long as it's your own money, not borrowed or loaned, you can afford to be patient.

Never act emotionally, blindly add to your position, or hastily cut losses. Being trapped is not terrifying; sometimes not being trapped means not making profits, and being trapped could instead lead to significant gains. Therefore, do not simply view being trapped as a disaster; if handled properly, it can completely transform into an opportunity.

#币安LaunchpoolVANA
$USUAL New chart display, current price 0.6220 USDT, down 11.97%. Here are a few key points to note:

Technical Analysis:

Current Price Situation:

• The price has broken through the important resistance level of 0.73-0.74 recorded in the last 24 hours, indicating strong selling pressure at these price levels.

RSI Indicator:

• On the daily chart, the RSI (12) indicator is at 64.85, showing that the market is approaching overbought territory. This implies that there may be a continued pullback before attempting to rise again.

Trading Volume:

• The trading volume is relatively high, indicating active participation from both buyers and sellers. However, the high volume decline shows that current selling power is strong.

Market Trend:

• The price is still trading above the moving average, indicating an overall bullish trend, but caution is needed as the current pullback may continue.

What might happen next?

• Pre-market closing: If buyers step in to push the price up, a rebound may occur close to previous highs (0.73 or above).

• After listing (December 18):

If demand from Binance traders increases, the price may break through the current resistance. If selling pressure continues, it may drop further to closer support levels, such as 0.55 or below.

Practical Advice:

If you plan to hold:

• Wait for the volatility brought by the listing to end.

• Have an exit plan when the price drops to key levels (like 0.50).

If considering buying on dips to lower costs:

• Buying more at strong support levels (0.55-0.50) may reduce the average purchase cost, but be mindful of risks.

Pay attention to the listing situation:

• There will usually be significant volatility after listing. If there is a sudden surge, consider exiting or stopping losses.

Final Reminder:

Watch for resistance at 0.73-0.74 and current support at 0.60-0.55.

#VELODROME将上线币安
Discovered a doubling coin that can be fully invested in, the kind of single coin A9, waiting for the market to stabilize before jumping in, like, follow, and comment “VIP” to get on board!

#AVA突破3美元
This market correction wiped out nearly 2 billion leveraged funds, more than the 1.1 billion on August 5, which is the largest liquidation in recent times. Once this wave of leverage is cleared, the funding rates of those non-mainstream coins (altcoins) have returned to normal levels.

There is no big negative news for the market decline this time, and it happened to be in the early morning. Thinking about it, the decline is mainly to clear leverage, and other statements are untenable.

Clearing leverage is to pave the way for the market later. After this wave of clearing is completed, the market is expected to start to accelerate.

#VELODROME将上线币安
I found a doubling coin that can be fully invested, the single-coin A9 type, wait for the market to stabilize and get in, like, follow and comment "VIP" to get on board!

#币安LaunchpoolVANA
The price of PNUT fluctuates; master these three key points to make money and smile!

The current price of PNUT is $1.2, and today it has dropped a bit, approximately 2.62%. It briefly surged to $1.276, then slipped back to $1.178, really making people anxious.

To stabilize the price, remember these three numbers:

First, $1.2, currently fluctuating around this position; second, $1.05, if it breaks this number, be careful; third, $0.9, if it really drops here, then it's time to withdraw quickly!

Now let's look at the three hurdles to overcome for a price increase:

First hurdle, $1.3, once past this point, the price could soar; second hurdle, $1.5, if it wants to increase further, it must get over this mountain; third hurdle, $1.75!

If you want to buy PNUT, you can try around $1.2, and if it drops to $1.05, you might want to buy more.

But if it really falls below $0.9, run fast!

If it rises, the first target is $1.3, then $1.5, and finally $1.75, that would be a big profit!

If you want to short, then start acting around $1.3, and if it rises to $1.5, you can add more positions.

If it really drops, the first target is to return to $1.2, then $1.05, and finally $0.9, which can also earn some extra cash.

#VELODROME将上线币安
I found a coin that can be fully invested in for doubling returns, the kind of single coin A9, wait for the market to stabilize to get in, like, follow, and comment "VIP" to join!

#VELODROME将上线币安
Last night the market was crazy! XRP plummeted and then skyrocketed, with a thousand points of profit waiting for you to grab!

Last night, the market first soared, and then retreated, hitting a low that briefly fell below one hundred thousand. But fortunately, the support at the bottom was strong, and the buying power quickly rebounded, leading to a rapid recovery. The drop early in the morning did not break the previously mentioned support level of 99500, indicating that this price level is quite stable, and the buying power remains strong, quickly pulling back above one hundred thousand. Our layout yesterday successfully captured more than a thousand points, and Ethereum also rose by more than thirty points!

Now we just need to see if this momentum can continue, which is a significant test for the market. On Saturday, market sentiment fluctuated little, steadily remaining above eleven thousand one, with the rate of increase slowing down. If this trend can continue, there should not be a significant decline. Technically, the strength of the rebound is clearly greater than that of the adjustment, with moving averages and various indicators trending upwards. The overall short-term trend is still quite strong, although the four-hour level shows a slight decrease in trading volume, as long as the short-term market does not fall below the middle track, it may surge again towards the short-term high of 102500 to 104000.

If it adjusts to 100300 to 100000, then the target is 102000 to 103000. For Ethereum, buying in the range of 3900 to 3880, with a target price of 3980.

#VELODROME将上线币安
Found a doubling coin that can be fully invested in, the kind of single coin A9, waiting for the market to stabilize and then get in, like, follow, and comment “VIP” to hop on!

The big coin is currently around 101950. Have you guys bought in? Profit time is here, consider entering the factory to short. Given the current situation, it seems the big coin will enter a gradual rise near 102100, then enter a gradual decline. Isn't that how the market makers like to play? The community's expected range is around 99800—100500.

The community specializes in solving positions, monitoring the market twenty-four hours a day. If you're interested in following strategies, feel free to message me by clicking on my profile.

Please follow for any questions you might have or if you want to discuss and learn together. Check out the introduction to our community, no need to pay to join.
#币安LaunchpoolVANA #VELODROME将上线币安 $BTC $ETH $XRP

Attention!!! The big one is coming soon
There are 6 days left until the season of imitation bursts!!!
The next few months might be the most profitable time for everyone
What coin should we invest in?
Preparing to ambush the hundredfold coins 🤔
Or the double coins 🤔
Let's ambush them all 💪

Hongjie won't lead fans into a big loss, nor will she blindly open positions
It's all about seeking victory steadily, hurry up and keep up!
#币安LaunchpoolVANA #VELODROME将上线币安 #纳斯达克100指数宣布纳入微策略 #BTC重回关键位置后走势 #SUI再创新高

Pay attention today: doge me move pepe sui xrp shib sol