Today is Friday, June 7, 2024. Today is the first day of the college entrance examination. This college entrance examination is also a once-in-60-year event. It happens to coincide with the Dragon Boat Festival. The college entrance examination coincides with the Dragon Boat Festival. All candidates are admitted to 985 universities. The lowest is 211. I wish all candidates can perform exceptionally well and keep a calm mind. Every wrong question is to meet the right person, and every right question is to meet a better self! Secondly, tomorrow is the national statutory Dragon Boat Festival holiday. I also wish everyone a happy Dragon Boat Festival in advance!
Back to the virtual market, today I also took some profits from my positions, mainly some of the currencies with heavy positions and profits of more than 20 points. From the current trend, except for BNB and GMX sold yesterday, other projects have fallen back to varying degrees! These sold projects are just staged profit exits, and I will find opportunities to buy them back later!
There are also some temporary heavy positions, and the profit reaches a certain amount. The case is the ASTR project. In fact, I don’t know much about this project. I saw a blogger recommending it on YouTube before. It happened that I bought a wave of low positions on the 3rd, about 9,000 dollars. The profit exceeded 15 percentage points in just two days. The two-day surge was also a bit beyond expectations. Therefore, for this kind of unexpected and unexpected profit, just sell it. There will definitely be regrets. In our circle, there are opportunities to double every day, and there are also many ten-fold in a few days. If you keep entangled in why you didn’t catch all the profits, you will become very anxious. If you want to survive in the currency circle, I personally think that the most important thing is mentality. So how to ensure a good mentality, the premise is to make your own trading plan.
When you are greedy, give yourself a break. When it is time to take profits, be sure to do so according to the plan. When buying at the bottom, buy at the bottom according to the plan, instead of being certain that there will be a rebound and going all in. If the plan is to buy at the bottom in batches, then do it in batches. Don't put yourself in danger because of momentary greed. Since the beginning of this year, my overall personal positions are relatively healthy, and the operation is easy, because the positions are controlled from the source, and plans are made to deal with different trends. Therefore, you can achieve continuous growth in positions and maintain a better mentality!
Here are a few long-term plans:
The rise of XAI and NOT has allowed us to see the potential of the gaming track. As one of the projects in the ARB ecosystem and one of the IEO projects on BN, I am quite optimistic about XAI.
WLD, this actually does not need too much introduction, and it is also what our VIP group has always focused on. It is the absolute leader in the AI sector, and the market heat has always existed. Against the background of NVIDIA's continuous new highs, it is only a matter of time before it rises. However, considering that most of the tokens have not been released, I personally recommend swing trading at present!
Finally, I would like to mention the ADA project. As the top coins in terms of market value, Ethereum, SOL and BNB have already been hyped up, ADA and AVAX, as the top coins in terms of market value, can be the focus of everyone’s attention!
In addition, DYDX has recently been said to have released favorable news. In fact, I personally participated in this project when it was first launched. Overall, compared with its previous historical highs, it has been cut by 90%. It is only a matter of time before it rises. In the decentralized trading track, it is also one of the value symbols. GMX has already risen, and DYDX should not be far behind.
Finally, everyone can focus on the non-agricultural data released by my sister at 8:30 tonight. It may become a node for the recent change of the market. According to what we said last time, the rise after the data is released is an opportunity to make profits and exit the market, and the decline is the opportunity to enter the market to buy the bottom. At present, the market has chosen to fall first, so I personally think that there is a high probability that there will be a wave of rise after the data is released. Whether it is an increase or a decrease, I personally think that the release of the Fed’s data next week is the key. Before the Fed’s data is released, whether it is an increase or a decrease, it is a good opportunity to trade in the band! Before the trend market comes, what we need to do is to get more principal for ourselves, and at the same time, the key is to make our chip cost lower and lower!
Today's article is just a brief sharing here. Finally, I wish you all a happy holiday and a healthy Dragon Boat Festival in advance! I hope everyone can have a happy holiday!
