LIVE
四年轮回
@fangs
每个人都是这样，享受过提心吊胆，才拒绝做Fomo待罪的韭菜，成为一名btc hodler
Following
Followers
Liked
Shared
See original
Chatgpt's views on recent market conditions
Recently, many people have asked me about my views on Bitcoin. The price fluctuations of Bitcoin have always been the focus of global attention, especially the sharp rise and fall in recent months, which has attracted the attention of countless investors. Today, I would like to tell you the following facts.
### 1. Historical volatility of Bitcoin
Since its birth, Bitcoin has experienced many large price fluctuations. Looking back at history, from 2009 to 2013, the price of Bitcoin rose from a few cents to more than $1,000. It then experienced a long period of adjustment until it soared again to nearly $20,000 at the end of 2017. Subsequently, the price fell sharply and experienced a two-year bear market.
### 1. Historical volatility of Bitcoin
Since its birth, Bitcoin has experienced many large price fluctuations. Looking back at history, from 2009 to 2013, the price of Bitcoin rose from a few cents to more than $1,000. It then experienced a long period of adjustment until it soared again to nearly $20,000 at the end of 2017. Subsequently, the price fell sharply and experienced a two-year bear market.
Mark~
I sold USDT virtual currency and my bank card was frozen. Can I unfreeze it?
Some people may have been trading cryptocurrencies for years without any problems, making a lot of money from the arbitrage business; but there are also some people who may have only traded once or twice, but their bank cards were frozen.
What is going on? Is it illegal to trade in cryptocurrencies? Why is my card frozen? How can I unfreeze it? This article will answer these questions.
1. Is it illegal to speculate in cryptocurrencies?
There are always some people who trade in cryptocurrencies who quietly ask Lawyer Shao, "I have a friend who makes a lot of money trading cryptocurrencies. Can I ask him if this is illegal? Will you get caught for trading cryptocurrencies?" I will educate these friends who have "extremely high risk awareness" while thinking to myself, "Your friend thinks it's illegal, so why is he breaking the law?"
What is going on? Is it illegal to trade in cryptocurrencies? Why is my card frozen? How can I unfreeze it? This article will answer these questions.
1. Is it illegal to speculate in cryptocurrencies?
There are always some people who trade in cryptocurrencies who quietly ask Lawyer Shao, "I have a friend who makes a lot of money trading cryptocurrencies. Can I ask him if this is illegal? Will you get caught for trading cryptocurrencies?" I will educate these friends who have "extremely high risk awareness" while thinking to myself, "Your friend thinks it's illegal, so why is he breaking the law?"
See original
#DailyQuote
A word that hits the nail on the head
A word that hits the nail on the head
#DailyQuotes
Bull markets are volatile, and 20+% pullbacks are common.
There were 12 times in the 15-17 cycle, 9 times in the 19-21 cycle, and only 4 times in this cycle, so are you ready?
#大盘走势 #BTC
Bull markets are volatile, and 20+% pullbacks are common.
There were 12 times in the 15-17 cycle, 9 times in the 19-21 cycle, and only 4 times in this cycle, so are you ready?
#大盘走势 #BTC
See original
#每日一句
It is said that investment is "speculating on expectations and selling facts", then the cryptocurrency circle goes a step further, speculating on expectations. When expectations disappear, it is the beginning of a short-term correction. When the expected facts are fully realized, it is the beginning of a sharp drop. #比特币减半 #大盘走势 $BTC
It is said that investment is "speculating on expectations and selling facts", then the cryptocurrency circle goes a step further, speculating on expectations. When expectations disappear, it is the beginning of a short-term correction. When the expected facts are fully realized, it is the beginning of a sharp drop. #比特币减半 #大盘走势 $BTC
See original
#每日一句
In the cryptocurrency world, you should pay attention to the source of information and not just believe everything you hear.
In my opinion, many analyses are just rehashing glassnode's reports, so why not just read glassnode directly? #大盘走势 #BTC
In the cryptocurrency world, you should pay attention to the source of information and not just believe everything you hear.
In my opinion, many analyses are just rehashing glassnode's reports, so why not just read glassnode directly? #大盘走势 #BTC
LIVE
Glassnode
--
Liquidity Abundance
Executive Summary:
Capital continues to flow into Bitcoin, with the Realized Cap rising to a new high of $540B, and seeing rates of capital inflow into the asset now exceeding $79B/month.
The transfer of wealth from Long-Term Holders back to new demand is accelerating, with over 44% of the network wealth now owned by coins aged less than 3 months old.
Profit taking continues to dominate investor behavior, with both the Long and Short-Term Holder cohorts taking chips off the table. Overall profit dominance is however shifting towards the Long-Term Holders.
💡 View all charts in this edition in The Week On-chain Dashboard. A Rising Tide of Liquidity
Bitcoin’s price action decisively broke above the previous cycle ATH in early March, triggering a transition into price discovery. As we covered last week (WoC-13), this has motivated a significant volume of supply to be spent and take profits.
This results in spent coins generally being revalued from a lower cost-basis, to a higher one. As these coins change hands, we can also consider this to be an injection of fresh demand and liquidity into the asset class.
This mechanic is elegantly expressed by the Realized Cap metric, tracking the cumulative USD liquidity ‘stored’ in the asset the class. The Realized Cap is now at a new ATH value of $540B, and is increasing at an unprecedented rate of over $79B/month.
Live Chart
We can break down the age bands of the Realized Cap using the Realized Cap HODL Wave metric. This tool is particularly useful for distinguishing the distribution of USD denominated wealth held across various age bands.
If we segregate for coin-ages younger than 3 months, we can see a sharp increase over recent months, with these newer investors now owning ~44% of the aggregate network wealth. This uptick in younger coins is a direct result of Long-Term Holders spending their coins at higher prices to satisfy the wave of inflowing demand.
Live Chart
It is typical in prior Bitcoin cycles that an uptick in new demand tends to come alongside an elevated appetite for speculation. This tends to result in increasingly volatile markets, which is characteristic of macro up-trends in prior Bitcoin cycles.
90-day realized volatility has nearly doubled from 28% to 55% since October 2023, which marked the point where Realized Cap inflows started to accelerate higher.
Live Chart Dormant Supply Reawakens
Following a historical tightness in supply (see WoC-46-2023), the divergence between Long and Short-Term Holder supply has started closing. As prices rise, and unrealized profits held by investors increase, it entices Long-Term Holders (LTHs) to part with their holdings.
LTH Supply has declined by -900k BTC since the peak of 14.91M BTC set in Dec 2023, with the GBTC trust outflows responsible for around one third of this (approx. -286k BTC).
Conversely, the Short-Term Holder Supply has increased by +1.121M BTC, absorbing the LTH distribution pressure, as well as acquiring an additional 121k BTC from the secondary market via exchanges.
Note: LTH and STH Supply are displayed here on separate y-axes for ease of visualisation.
Live Workbench
We can supplement this observation by assessing the ratio between the Long and Short-Term Holder supply. Once more, a pronounced decline is visible in all macro up-trends as the dominant investor behavior moves from Long-Term HODLing, towards distribution, profit taking, and speculation.
💡 A key takeaway from these observations is the distinct phase shift in investor behavior patterns as new market ATHs are reached. The distribution pressure by Long-Term Holders tends to accelerate to satisfy new demand at higher prices. Whilst the new US ETFs are an important new component of market structure, these trends are visible in on-chain data throughout all prior cycles. Live Workbench
The chart below breaks down the BTC supply by on-chain cost basis, as well as by Long/Short-Term Holder cohort.
We can see that approximately 1.875M BTC (9.5% of circulating) have been acquired above $60k, with a majority designated by the Short-Term Holder cohort 🔴. This will include new spot buyers, and approximately 508k BTC now held in US Spot ETFs (excl. GBTC).
Live in Engine Room
We can bolster the aforementioned observations using the Liveliness metric, which describes the aggregate balance of ‘holding time’ stored within the supply.
Liveliness is experiencing a sustained uptick which indicates that in aggregate, the expendature of long-dormant coins is outpacing the accumulation of ‘holding time’ by HODLed coins. This reiterates the thesis that the market has transitioned into a regime where spending and profit taking is now the dominant market mechanic.
Live Chart Tools for Assessing Uptrends
Analysing markets is always seeking the balance between supply and demand, with two sides to every coin. For example, profit taking by Long-Term Holders is both a measure of sell-side pressure, but also a read on new demand inflows by Short-Term Holders.
Furthermore, with the market trading at or near new ATHs, coins which are realizing a loss, especially those from the STH cohort, are explicitly sourced from buyers who acquired near the ‘local top’.
📊 Related Dashboard: Many of the concepts explored in this section relate to our Analysis Framework for Bitcoin Bull Markets dashboard.
With this as context, we can use several powerful on-chain metrics to compare the profit and loss taking events of these two key, but fundamentally opposite market cohorts (LTHs and STHs). We will use a set of three core metrics:
Realized Profit and Loss - Being the total change in the value of spent coins from their original cost basis, to the spot price when they were moved.
Realized Profit/Loss Ratios - which oscillate around an equilibrium value of 1 in logarithmic scale, and is an ideal tool for spotting market inflection points. An example is where Realized Losses accelerate in an exponential manner during uptrends, increasing from ‘not much’ to ‘something meaningful’ (indicating trapped local/global top buyers are starting to panic spend).
Sell-Side Risk Ratio - being a ratio between total Realized Profit + Realized Loss divided by the Realized Cap. In other words, this metric describes a ratio between total change in coin value (the disturbing force) and the total size of the market (the object being moved).
Starting with Short-Term Holders, we can see that their Profit / Loss ratio remains well within a profit dominated regime, with profit taking outsizing losses by 50x. Regular retests of the equilibrium level of 1.0 suggests that profits are being absorbed, and investors are generally defending their cost basis during corrections.
Live Workbench
We can also see that STH Realized losses spike during dips as local top buyers panic spend on expectations the market may go lower. The magnitude of realized loss is also increasing for each successive correction, which suggests a growth in the volume and size of top buyers for each leg higher.
Live Chart
Next, we will assess the Sell-Side Risk Ratio for STHs to evaluate the relative scale of their profit or loss taking events.
High values indicate that STHs are spending coins at a large profit or loss relative to their cost basis, and the market likely needs to re-find equilibrium (usually follows a volatile price move).
Low values indicate that the majority of coins being spent are close to their break even cost basis, suggesting a degree of equilibrium has been reached, and an exhaustion of ‘profit and loss’ within the current price range (usually describes a low volatility environment).
Following the rally above $70k, the STH Sell-Side Risk Ratio spiked meaningfully, which typically occurs around market inflection points (global and local). This generally suggests that a new equilibrium has not yet formed, and the metric is correcting sharply as the market corrects and consolidates.
💡 Hint for Analysts: Sell-Side Risk Ratios tend to behave in a similar manner to Realized Volatility and Options Implied Volatility, providing an on-chain measure of volatility. Live Workbench
Moving onto our assessment of LTHs, we can see their Realized Profit / Loss Ratio has gone exponential and vertical. By definition, this is a result of there being no LTHs in Loss when the market has only recently broken above the last cycles ATH. This is further fuelled by the aformentioned uptick in LTH profit taking.
Live Workbench
Whilst it is quite useful to track the Realized Losses of STHs during up-trends, it is more useful to monitor the Realized Profit of LTHs, as this acts as a key component of distribution pressures. To illustrate this point, we can see that LTH Realized Losses have tailed off to just $3,500 per day, compared to the $114M by STHs during the recent correction.
Live Chart
As LTH Realized Profits accelerate, their Sell-Side Risk Ratio has started to rally, particularly since October 2023. This metric is increasing well in line with historical ATH breaks suggesting that the distribution pressure and profit taking by the LTH cohort are similar to prior cycles on a relative basis.
Live Workbench Summary and Conclusions
Across a wide variety on-chain tools and metrics, we can see a distinct shift in investor behavior patterns. Long-Term Holders are well into their distribution cycle, realizing profits, and re-awakening dormant supply to satisfy new demand at higher prices.
Using on-chain cohorts, we can also develop a suite of tools and indicators to identify local and global inflection points, leveraging profit / loss metrics in particular. The combination of LTH and STH cohorts, alongside their profit / loss taking behaviors, provides a relatively unprecedented look into investor psychology, sentiment, and capital flows.
Disclaimer: This report does not provide any investment advice. All data is provided for information and educational purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.
Exchange balances presented are derived from Glassnode’s comprehensive database of address labels, which are amassed through both officially published exchange information and proprietary clustering algorithms. While we strive to ensure the utmost accuracy in representing exchange balances, it is important to note that these figures might not always encapsulate the entirety of an exchange’s reserves, particularly when exchanges refrain from disclosing their official addresses. We urge users to exercise caution and discretion when utilizing these metrics. Glassnode shall not be held responsible for any discrepancies or potential inaccuracies. Please read our Transparency Notice when using exchange data.
Join our Telegram channel
For on-chain metrics, dashboards, and alerts, visit Glassnode Studio
For automated alerts on core on-chain metrics and activity on exchanges, visit our Glassnode Alerts Twitter
Capital continues to flow into Bitcoin, with the Realized Cap rising to a new high of $540B, and seeing rates of capital inflow into the asset now exceeding $79B/month.
The transfer of wealth from Long-Term Holders back to new demand is accelerating, with over 44% of the network wealth now owned by coins aged less than 3 months old.
Profit taking continues to dominate investor behavior, with both the Long and Short-Term Holder cohorts taking chips off the table. Overall profit dominance is however shifting towards the Long-Term Holders.
💡 View all charts in this edition in The Week On-chain Dashboard. A Rising Tide of Liquidity
Bitcoin’s price action decisively broke above the previous cycle ATH in early March, triggering a transition into price discovery. As we covered last week (WoC-13), this has motivated a significant volume of supply to be spent and take profits.
This results in spent coins generally being revalued from a lower cost-basis, to a higher one. As these coins change hands, we can also consider this to be an injection of fresh demand and liquidity into the asset class.
This mechanic is elegantly expressed by the Realized Cap metric, tracking the cumulative USD liquidity ‘stored’ in the asset the class. The Realized Cap is now at a new ATH value of $540B, and is increasing at an unprecedented rate of over $79B/month.
Live Chart
We can break down the age bands of the Realized Cap using the Realized Cap HODL Wave metric. This tool is particularly useful for distinguishing the distribution of USD denominated wealth held across various age bands.
If we segregate for coin-ages younger than 3 months, we can see a sharp increase over recent months, with these newer investors now owning ~44% of the aggregate network wealth. This uptick in younger coins is a direct result of Long-Term Holders spending their coins at higher prices to satisfy the wave of inflowing demand.
Live Chart
It is typical in prior Bitcoin cycles that an uptick in new demand tends to come alongside an elevated appetite for speculation. This tends to result in increasingly volatile markets, which is characteristic of macro up-trends in prior Bitcoin cycles.
90-day realized volatility has nearly doubled from 28% to 55% since October 2023, which marked the point where Realized Cap inflows started to accelerate higher.
Live Chart Dormant Supply Reawakens
Following a historical tightness in supply (see WoC-46-2023), the divergence between Long and Short-Term Holder supply has started closing. As prices rise, and unrealized profits held by investors increase, it entices Long-Term Holders (LTHs) to part with their holdings.
LTH Supply has declined by -900k BTC since the peak of 14.91M BTC set in Dec 2023, with the GBTC trust outflows responsible for around one third of this (approx. -286k BTC).
Conversely, the Short-Term Holder Supply has increased by +1.121M BTC, absorbing the LTH distribution pressure, as well as acquiring an additional 121k BTC from the secondary market via exchanges.
Note: LTH and STH Supply are displayed here on separate y-axes for ease of visualisation.
Live Workbench
We can supplement this observation by assessing the ratio between the Long and Short-Term Holder supply. Once more, a pronounced decline is visible in all macro up-trends as the dominant investor behavior moves from Long-Term HODLing, towards distribution, profit taking, and speculation.
💡 A key takeaway from these observations is the distinct phase shift in investor behavior patterns as new market ATHs are reached. The distribution pressure by Long-Term Holders tends to accelerate to satisfy new demand at higher prices. Whilst the new US ETFs are an important new component of market structure, these trends are visible in on-chain data throughout all prior cycles. Live Workbench
The chart below breaks down the BTC supply by on-chain cost basis, as well as by Long/Short-Term Holder cohort.
We can see that approximately 1.875M BTC (9.5% of circulating) have been acquired above $60k, with a majority designated by the Short-Term Holder cohort 🔴. This will include new spot buyers, and approximately 508k BTC now held in US Spot ETFs (excl. GBTC).
Live in Engine Room
We can bolster the aforementioned observations using the Liveliness metric, which describes the aggregate balance of ‘holding time’ stored within the supply.
Liveliness is experiencing a sustained uptick which indicates that in aggregate, the expendature of long-dormant coins is outpacing the accumulation of ‘holding time’ by HODLed coins. This reiterates the thesis that the market has transitioned into a regime where spending and profit taking is now the dominant market mechanic.
Live Chart Tools for Assessing Uptrends
Analysing markets is always seeking the balance between supply and demand, with two sides to every coin. For example, profit taking by Long-Term Holders is both a measure of sell-side pressure, but also a read on new demand inflows by Short-Term Holders.
Furthermore, with the market trading at or near new ATHs, coins which are realizing a loss, especially those from the STH cohort, are explicitly sourced from buyers who acquired near the ‘local top’.
📊 Related Dashboard: Many of the concepts explored in this section relate to our Analysis Framework for Bitcoin Bull Markets dashboard.
With this as context, we can use several powerful on-chain metrics to compare the profit and loss taking events of these two key, but fundamentally opposite market cohorts (LTHs and STHs). We will use a set of three core metrics:
Realized Profit and Loss - Being the total change in the value of spent coins from their original cost basis, to the spot price when they were moved.
Realized Profit/Loss Ratios - which oscillate around an equilibrium value of 1 in logarithmic scale, and is an ideal tool for spotting market inflection points. An example is where Realized Losses accelerate in an exponential manner during uptrends, increasing from ‘not much’ to ‘something meaningful’ (indicating trapped local/global top buyers are starting to panic spend).
Sell-Side Risk Ratio - being a ratio between total Realized Profit + Realized Loss divided by the Realized Cap. In other words, this metric describes a ratio between total change in coin value (the disturbing force) and the total size of the market (the object being moved).
Starting with Short-Term Holders, we can see that their Profit / Loss ratio remains well within a profit dominated regime, with profit taking outsizing losses by 50x. Regular retests of the equilibrium level of 1.0 suggests that profits are being absorbed, and investors are generally defending their cost basis during corrections.
Live Workbench
We can also see that STH Realized losses spike during dips as local top buyers panic spend on expectations the market may go lower. The magnitude of realized loss is also increasing for each successive correction, which suggests a growth in the volume and size of top buyers for each leg higher.
Live Chart
Next, we will assess the Sell-Side Risk Ratio for STHs to evaluate the relative scale of their profit or loss taking events.
High values indicate that STHs are spending coins at a large profit or loss relative to their cost basis, and the market likely needs to re-find equilibrium (usually follows a volatile price move).
Low values indicate that the majority of coins being spent are close to their break even cost basis, suggesting a degree of equilibrium has been reached, and an exhaustion of ‘profit and loss’ within the current price range (usually describes a low volatility environment).
Following the rally above $70k, the STH Sell-Side Risk Ratio spiked meaningfully, which typically occurs around market inflection points (global and local). This generally suggests that a new equilibrium has not yet formed, and the metric is correcting sharply as the market corrects and consolidates.
💡 Hint for Analysts: Sell-Side Risk Ratios tend to behave in a similar manner to Realized Volatility and Options Implied Volatility, providing an on-chain measure of volatility. Live Workbench
Moving onto our assessment of LTHs, we can see their Realized Profit / Loss Ratio has gone exponential and vertical. By definition, this is a result of there being no LTHs in Loss when the market has only recently broken above the last cycles ATH. This is further fuelled by the aformentioned uptick in LTH profit taking.
Live Workbench
Whilst it is quite useful to track the Realized Losses of STHs during up-trends, it is more useful to monitor the Realized Profit of LTHs, as this acts as a key component of distribution pressures. To illustrate this point, we can see that LTH Realized Losses have tailed off to just $3,500 per day, compared to the $114M by STHs during the recent correction.
Live Chart
As LTH Realized Profits accelerate, their Sell-Side Risk Ratio has started to rally, particularly since October 2023. This metric is increasing well in line with historical ATH breaks suggesting that the distribution pressure and profit taking by the LTH cohort are similar to prior cycles on a relative basis.
Live Workbench Summary and Conclusions
Across a wide variety on-chain tools and metrics, we can see a distinct shift in investor behavior patterns. Long-Term Holders are well into their distribution cycle, realizing profits, and re-awakening dormant supply to satisfy new demand at higher prices.
Using on-chain cohorts, we can also develop a suite of tools and indicators to identify local and global inflection points, leveraging profit / loss metrics in particular. The combination of LTH and STH cohorts, alongside their profit / loss taking behaviors, provides a relatively unprecedented look into investor psychology, sentiment, and capital flows.
Disclaimer: This report does not provide any investment advice. All data is provided for information and educational purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.
Exchange balances presented are derived from Glassnode’s comprehensive database of address labels, which are amassed through both officially published exchange information and proprietary clustering algorithms. While we strive to ensure the utmost accuracy in representing exchange balances, it is important to note that these figures might not always encapsulate the entirety of an exchange’s reserves, particularly when exchanges refrain from disclosing their official addresses. We urge users to exercise caution and discretion when utilizing these metrics. Glassnode shall not be held responsible for any discrepancies or potential inaccuracies. Please read our Transparency Notice when using exchange data.
Join our Telegram channel
For on-chain metrics, dashboards, and alerts, visit Glassnode Studio
For automated alerts on core on-chain metrics and activity on exchanges, visit our Glassnode Alerts Twitter
See original
#dailyword
If currency speculation is a Ponzi scheme, chain games are a smaller game.
Anyway, I have never made any money on chain games. Recently, I found that the income of stepn S chain has increased. sgst is 0.05u. A full-level single account is 15U a day. If I move, I can earn enough money for a day. If I don’t want to get back my money, Actually it's not bad.
#Meme #stepn $GMT
If currency speculation is a Ponzi scheme, chain games are a smaller game.
Anyway, I have never made any money on chain games. Recently, I found that the income of stepn S chain has increased. sgst is 0.05u. A full-level single account is 15U a day. If I move, I can earn enough money for a day. If I don’t want to get back my money, Actually it's not bad.
#Meme #stepn $GMT
See original
#dailyword
The most exciting thing today is that a project on blast was hacked for 63M. Rumor has it that North Korean hackers were responsible. Although the money was eventually refunded, it also warns us to carefully protect our assets.
Various pledge and loan smart contract projects on the chain actually have the risk of being hacked.
To preserve assets, use a hardware cold wallet if possible, or a software cold wallet if not. Think in currency terms. As long as the currency is there, there is hope.
#BTC #热门话题
The most exciting thing today is that a project on blast was hacked for 63M. Rumor has it that North Korean hackers were responsible. Although the money was eventually refunded, it also warns us to carefully protect our assets.
Various pledge and loan smart contract projects on the chain actually have the risk of being hacked.
To preserve assets, use a hardware cold wallet if possible, or a software cold wallet if not. Think in currency terms. As long as the currency is there, there is hope.
#BTC #热门话题
See original
#dailyword
BTC returned to 7W, and the daily line also broke through the Bollinger Middle Track, but the upper and lower openings narrowed.
You don’t have to go short if you are bearish, but you need to stock up on stocks if you are bullish.
The halving is around the corner and there are many variables, so let’s wait and see. #BTC $BTC
BTC returned to 7W, and the daily line also broke through the Bollinger Middle Track, but the upper and lower openings narrowed.
You don’t have to go short if you are bearish, but you need to stock up on stocks if you are bullish.
The halving is around the corner and there are many variables, so let’s wait and see. #BTC $BTC
See original
#dailyword
Tell yourself to make less decisions and leave once you decide.
Anyway, in a bull market, except for abandoned coins, especially mainstream coins, they will all rise. It’s a matter of how much or how little.
As long as you don't operate randomly, you can make money. So, why is it so difficult to do such a simple thing as holding it and selling it after half a year?
#热门话题 #BTC🔥🔥🔥🔥 $BTC
Tell yourself to make less decisions and leave once you decide.
Anyway, in a bull market, except for abandoned coins, especially mainstream coins, they will all rise. It’s a matter of how much or how little.
As long as you don't operate randomly, you can make money. So, why is it so difficult to do such a simple thing as holding it and selling it after half a year?
#热门话题 #BTC🔥🔥🔥🔥 $BTC
See original
#dailyword
The recent market situation is so frustrating that I want to knock myself out. After a month, I will wake up when the price has halved.
Knowingly hold on to the spot, ignore the short term and look again in half a year. But it is easier said than done. I always want to move around and rush into the wild dog.
#热门话题 #BTC🔥🔥🔥🔥
The recent market situation is so frustrating that I want to knock myself out. After a month, I will wake up when the price has halved.
Knowingly hold on to the spot, ignore the short term and look again in half a year. But it is easier said than done. I always want to move around and rush into the wild dog.
#热门话题 #BTC🔥🔥🔥🔥
See original
#dailyword
The recent market may be "boring". The fluctuation of BTC is not unrelated to the attitude of the Federal Reserve. The continuous selling of ETFs for several days in a row is also an attitude.
The halving in April, coupled with the next interest rate decision, may drop a bomb at any time. There is still one big drop before the currency circle enters the bull market! What we Xiao Xiami can do is to hold the BTC spot!
Finally, the date of the Federal Reserve’s interest rate decision is attached. Each date is an important point in time. #热门话题 #BTC Good luck
The recent market may be "boring". The fluctuation of BTC is not unrelated to the attitude of the Federal Reserve. The continuous selling of ETFs for several days in a row is also an attitude.
The halving in April, coupled with the next interest rate decision, may drop a bomb at any time. There is still one big drop before the currency circle enters the bull market! What we Xiao Xiami can do is to hold the BTC spot!
Finally, the date of the Federal Reserve’s interest rate decision is attached. Each date is an important point in time. #热门话题 #BTC Good luck
See original
#dailyword
Yesterday, a friend (a novice in the currency circle) asked me if I could enter the market? To be honest, I never recommend newcomers to enter the market. For those who have already entered the market, I only recommend buying some BTC spot.
On the one hand, bringing people into the market is a thankless task. If they make money, they may not necessarily thank you, but if they lose money, they will definitely blame you. On the other hand, even old people in the currency circle can’t help but meme it even though they know that BTC will definitely rise again, let alone newcomers?
If you really want to recommend something, let’s recommend some projects that are free of charge. For example, grass, someone outside the venue has collected 1K points for 4U. Anyway, they just turn on the computer and contribute bandwidth. Of course, if you feel you missed the early days of grass, then go to UpRock. Projects on the same track also contribute bandwidth. Grass requires you to circumvent the firewall to register, but UpRock doesn’t.
https://app.getgrass.io/register/?referralCode=Uxatuct4tgsQJft
https://link.uprock.com/i/de9cc230
#热门话题 #depins #零撸 #BTC
Yesterday, a friend (a novice in the currency circle) asked me if I could enter the market? To be honest, I never recommend newcomers to enter the market. For those who have already entered the market, I only recommend buying some BTC spot.
On the one hand, bringing people into the market is a thankless task. If they make money, they may not necessarily thank you, but if they lose money, they will definitely blame you. On the other hand, even old people in the currency circle can’t help but meme it even though they know that BTC will definitely rise again, let alone newcomers?
If you really want to recommend something, let’s recommend some projects that are free of charge. For example, grass, someone outside the venue has collected 1K points for 4U. Anyway, they just turn on the computer and contribute bandwidth. Of course, if you feel you missed the early days of grass, then go to UpRock. Projects on the same track also contribute bandwidth. Grass requires you to circumvent the firewall to register, but UpRock doesn’t.
https://app.getgrass.io/register/?referralCode=Uxatuct4tgsQJft
https://link.uprock.com/i/de9cc230
#热门话题 #depins #零撸 #BTC
See original
#dailyword
What is lost is the mulberry tree, and what is gained is the east corner. There are many opportunities in the bull market. Don’t get stuck on any project except BTC!
Bome lost hundreds of dollars, but he recovered it on Spore DOB in the blink of an eye. I got a Unicorn BOX, and the floor price is already 1,600 knives. Of course, this airdrop is purely luck. When I deposited it into Nervos Dao in 20 years ago, I didn’t know it would be today.
#热门话题 #spore $BTC $CKB
What is lost is the mulberry tree, and what is gained is the east corner. There are many opportunities in the bull market. Don’t get stuck on any project except BTC!
Bome lost hundreds of dollars, but he recovered it on Spore DOB in the blink of an eye. I got a Unicorn BOX, and the floor price is already 1,600 knives. Of course, this airdrop is purely luck. When I deposited it into Nervos Dao in 20 years ago, I didn’t know it would be today.
#热门话题 #spore $BTC $CKB
See original
#dailyword
Some people say that BTC has not yet halved, but his assets have already been halved?
Some people also say that every time they log in to the exchange, the money in it is less. Is it possible that there is a login fee?
I want to say that because the BTC halving is a deterministic event, the long-short game surrounding this point in time has always been very intense!
As little leeks, we should not join in the fun, knock ourselves out, or rush to the doctor when we see the fall, and come back for treatment in May.
#热门话题 #btc
Some people say that BTC has not yet halved, but his assets have already been halved?
Some people also say that every time they log in to the exchange, the money in it is less. Is it possible that there is a login fee?
I want to say that because the BTC halving is a deterministic event, the long-short game surrounding this point in time has always been very intense!
As little leeks, we should not join in the fun, knock ourselves out, or rush to the doctor when we see the fall, and come back for treatment in May.
#热门话题 #btc
#dailyword
The most important thing in a bear market is to open a position, and the most important thing in a bull market is not to liquidate your position.
It’s the early days of a bull market, that’s for sure. However, since the launch of 2.8W, apart from the 25% retracement from 4.8W to 3.6W after the adoption of ETF, there has not been a 50+% plunge like 312 and 519.
All the good things are bad! The three major engines of the current bull market are ETFs, expectations of a Federal Reserve interest rate cut, and the BTC halving. When the Federal Reserve cuts interest rates and after the BTC halving, there is a high probability that there will be a correction or even a plunge like after the adoption of ETF!
Therefore, do not open a leverage ratio of more than 1.5 times. BTC has not yet reached 10W, so there is no need to rush to cash out. Hold on to the spot. We have been waiting for the bear market for more than 2 years. Is there still half a year left?
#热门话题 #BTC $BTC
The most important thing in a bear market is to open a position, and the most important thing in a bull market is not to liquidate your position.
It’s the early days of a bull market, that’s for sure. However, since the launch of 2.8W, apart from the 25% retracement from 4.8W to 3.6W after the adoption of ETF, there has not been a 50+% plunge like 312 and 519.
All the good things are bad! The three major engines of the current bull market are ETFs, expectations of a Federal Reserve interest rate cut, and the BTC halving. When the Federal Reserve cuts interest rates and after the BTC halving, there is a high probability that there will be a correction or even a plunge like after the adoption of ETF!
Therefore, do not open a leverage ratio of more than 1.5 times. BTC has not yet reached 10W, so there is no need to rush to cash out. Hold on to the spot. We have been waiting for the bear market for more than 2 years. Is there still half a year left?
#热门话题 #BTC $BTC
See original
#dailyword
Be wary of the risk of plummeting! This past weekend was a crazy one!
Bome has brought about this new wave of fomo craze. It is very lively, but the trend is gradually receding. To be honest, have you made any money? Anyway, I lost a few hundred dollars.
The sudden madness of the market, coupled with the approaching BTC halving, made me smell the risk of a sharp plunge. I wish everyone good luck and keep the BTC in hand.
#热门话题 #BTC $BTC
Be wary of the risk of plummeting! This past weekend was a crazy one!
Bome has brought about this new wave of fomo craze. It is very lively, but the trend is gradually receding. To be honest, have you made any money? Anyway, I lost a few hundred dollars.
The sudden madness of the market, coupled with the approaching BTC halving, made me smell the risk of a sharp plunge. I wish everyone good luck and keep the BTC in hand.
#热门话题 #BTC $BTC
#dailyword
The most important thing in a bear market is to open a position, and the most important thing in a bull market is not to liquidate your position.
It’s the early days of a bull market, that’s for sure. However, since the launch of 2.8W, apart from the 25% retracement from 4.8W to 3.6W after the adoption of ETF, there has not been a 50+% plunge like 312 and 519.
All the good things are bad! The three major engines of the current bull market are ETFs, expectations of a Federal Reserve interest rate cut, and the BTC halving. When the Federal Reserve cuts interest rates and after the BTC halving, there is a high probability that there will be a correction or even a plunge like after the adoption of ETF!
Therefore, do not open a leverage ratio of more than 1.5 times. BTC has not yet reached 10W, so there is no need to rush to cash out. Hold on to the spot. We have been waiting for the bear market for more than 2 years. Is there still half a year left?
#热门话题 #BTC $BTC
The most important thing in a bear market is to open a position, and the most important thing in a bull market is not to liquidate your position.
It’s the early days of a bull market, that’s for sure. However, since the launch of 2.8W, apart from the 25% retracement from 4.8W to 3.6W after the adoption of ETF, there has not been a 50+% plunge like 312 and 519.
All the good things are bad! The three major engines of the current bull market are ETFs, expectations of a Federal Reserve interest rate cut, and the BTC halving. When the Federal Reserve cuts interest rates and after the BTC halving, there is a high probability that there will be a correction or even a plunge like after the adoption of ETF!
Therefore, do not open a leverage ratio of more than 1.5 times. BTC has not yet reached 10W, so there is no need to rush to cash out. Hold on to the spot. We have been waiting for the bear market for more than 2 years. Is there still half a year left?
#热门话题 #BTC $BTC
See original
#dailyword
How to reduce anxiety and improve happiness in a bull market?
Answer: After a heavy position in btc eth bnb sol + a light position in some mainstream meme coins (top 100 in market capitalization), lock the position if you can and watch the market less.
Otherwise, hot spots appear frequently every day, and the K-line jumps up and down. When you buy, it goes down, and when you sell, it goes up. Even if you make money later, you will be exhausted physically and mentally.
#热门话题 #BTC #sol $BTC $SOL
How to reduce anxiety and improve happiness in a bull market?
Answer: After a heavy position in btc eth bnb sol + a light position in some mainstream meme coins (top 100 in market capitalization), lock the position if you can and watch the market less.
Otherwise, hot spots appear frequently every day, and the K-line jumps up and down. When you buy, it goes down, and when you sell, it goes up. Even if you make money later, you will be exhausted physically and mentally.
#热门话题 #BTC #sol $BTC $SOL