Breaking news Billy Markus, the founder of DOGE, recently made a big move. He proposed an idea. It can make DOGE change from "flooding" to "withdrawing", that is, to achieve deflation, so that the value of DOGE may usher in a big surge!!! Everyone knows that the issuance of DOGE, a MEME coin, is unlimited. It is fixed to increase 5 billion coins every year. In the long run, this is not a good thing for its value. But Musk directly posted a GitHub code on social media, saying that it can make DOGE say goodbye to inflation. This method is not difficult. Whoever wants DOGE to "withdraw" can submit a code modification application and then persuade the community and miners to use the new version together. Now the total issuance of DOGE has exceeded 146.78 billion coins. Although the annual increase of 5 billion coins sounds scary, the inflation rate is actually declining year by year compared to the total plate. Musk's move is actually a response to those who criticize DOGE for unlimited "flooding". He also compared DOGE with BTC, saying that except for a few different parameters, there is actually no difference between the two. What he meant by this is that if the community and miners are willing, the issuance of BTC can also increase, but BTC will be mined out by 2140, and the inflation rate of DOGE will be lower and lower. He emphasized in another post that DOGE is open source, the community is the boss, and the miners listen to the community. Interestingly, Musk also joined in the fun, saying that DOGE's stable inflation is actually its feature, not a disadvantage. Moreover, DOGE's inflation rate is getting lower and lower, stable and controllable. As a currency, it is much better than the US dollar. Musk said this after he was appointed by Trump as the head of the government efficiency department. How much do you plan to make in this bull market?
The recently laid out magic order is about to start! !
Leave 999 Wuchang in the comment area to get on board! !
If you want to earn dozens of times the profit, you must first be able to bear the loss of the principal or even zero.
If you want to earn dozens of times or even hundreds of times the profit, you must first be able to bear the loss of half of the principal invested in Meme coins or even zero. Admittedly, with the listing of ACT and PNUT spot on Binance this week, their prices are unstoppable like "taking a rocket", but they experienced many surges and plunges in the early days of listing. ACT was once criticized as "pseudo AI" and "conspiracy group coin". In a sense, buying and selling popular Meme coins on the chain is like opening a contract in an exchange, and the invested funds may surge or plummet at any time. Therefore, "controlling positions" and "doubling the capital" are good practical strategies. In addition, holding Meme and being able to make money continuously must accept the first thing you need to do, that is, accept the concept of "selling and earning forever", and don't be affected by the myth of getting rich in social media, or even anxious. For example, ACT developer AMP previously stated on the X platform that it had distributed, burned or sold all ACT tokens, but did not want ACT to be listed on CEX. In the following days, ACT was listed on Binance, and its price increased by more than 20 times in one day. Therefore, "selling out" is bound to happen. Don't doubt yourself too much, adjust your strategy, and look for the next target $NOT $SOL $BONK #BTC冲破9万 #美国CPI公布后降息预期上升 #新币挖矿你参加了吗?
It involves multiple parties. The country certainly wants a long and slow bull market, so that most people's funds can profit in the stock market, enterprises can raise funds, and the country can benefit in multiple ways. Large domestic and foreign capital do not think so. They want to obey the government's momentum and release water, and take the water away and transfer it to developed countries abroad. Because they do not trust your system, do not trust your development expectations, and do not trust that they will live and work better here! You have to make others feel that life here will be better, and really make your people live better first. Increasing national annual leave, reducing property taxes, etc., show that the country is taking action, but it is far from enough. Hainan's closure + is a good display window, showing the courage to cut off arms and seamlessly connect the mainstream countries and mainstream societies in the world, giving world capital a willingness to fully open up, and giving domestic capital a hope that they will not run away again. $NOT $SOL $DOGE #BTC冲破9万 #美国CPI公布后降息预期上升 #币安获CCData最高评级
Layout 4 cryptocurrencies for a 100x bull market return!
1. PEPE PEPE is a deflationary memecoin launched on Ethereum in homage to the Pepe the Frog meme. It charges no transaction tax and adopts a pure memecoin identity, aiming to emulate the success of Shiba Inu and Dogecoin. PEPE achieved a market cap of $1.6 billion by mid-2023 and has fostered a vibrant community. Its roadmap focuses on increasing visibility through social media trends and exchange listings. The token uses a destruction mechanism to enhance scarcity and rewards long-term holders through redistribution. As an ERC-20 token, it benefits from the security of Ethereum. Available on platforms such as Uniswap, Binance, and KuCoin, PEPE's popularity suggests that it has great potential, but its lack of utility means that its value is driven by market trends. 2. WIF Dogwifhat (WIF) is a new meme coin on the Solana blockchain inspired by the viral Dogwifhat meme. As a dog-themed token, it joins the growing trend of meme coins driven by community engagement and internet culture. Unlike traditional cryptocurrencies, WIF focuses on fun and building a strong community. Using Solana's blockchain provides fast transaction speeds and low fees, which enhances its appeal. In the current market cycle, with the growing interest in meme coins and the advantages of Solana's technology, WIF has the potential to attract attention. Its growing popularity suggests that it may be an interesting option for those interested in meme coins. 3. SHIB Shiba Inu (SHIB) is a cryptocurrency inspired by Dogecoin, but runs on the Ethereum blockchain. SHIB's compatibility with Ethereum allows for the use of applications such as ShibaSwap (decentralized exchange) as well as future NFT platforms and community governance initiatives. Its integration with Ethereum and its growing ecosystem suggest that it has the potential for increased utility. In the current market cycle, SHIB's expanding applications and community support may make it an attractive option for investors. $SOL $BOME $BTC #BTC冲破9万 #新币挖矿你参加了吗? #美国CPI公布后降息预期上升
Every bull market is found to be a bull market after retrospect, and the authorities are often confused. From the perspective of the policy level, the anchor of the economy has undergone substantial changes. 1. The underlying logic of our nation is agricultural civilization, which has derived the underlying logic and preference of people's consumption: they must have food in their homes to dare to consume, and they highly trust the life logic of income < expenditure. (No need to argue, there are many people who spend more than they earn in life, but it has nothing to do with the underlying logic of civilization) 2. The system designers know the logic of civilization and will formulate policies according to this logic. You just want to make money and spend money, while the designers want to formulate rules to maintain their own class. In 1998, after layers of screening, they chose to use housing reform to digest the currency, resulting in a significant increase in the assets of the post-60s generation. In 2024, the real estate cycle ends, and most of the wealth of the post-60s generation lies in the bank. In order to move deposits, after layers of screening, the capital market was selected as the anchor of the next round of asset appreciation. If the money is not spent, it must be returned, so the game of passing the flower needs to continue. (You can say, can you just put it in the bank and not move it, no matter how the capital market rises, I will not move it, of course you can, but some people will move, because human nature will not change) And in the process of asset anchor switching, there are always people who are half-believing and half-doubting. When expectations are not yet consistent, the long-term perspective is precisely the moment when there are opportunities. So don't ask if it is a bull market now. When the designer's attitude is very firm, you have to consider whether you can get on the bus. In every era, the bold ones are fed to death and the timid ones are starved to death. Just be responsible for your own life.
How will the market go in the future? Pay attention to these factors
I combined the following factors for analysis: On-chain data: The current supply of Bitcoin is close to the risk limit, which means that the market may experience a large correction in the 90,000-110,000 range. Long-short position ratio: Changes in the long and short forces in the contract market will also affect price fluctuations. CME futures data: Gaps in the futures market are an important indicator for analyzing price trends. Market sentiment: The overall market sentiment and investor confidence directly affect market trends. Altcoin situation: The performance of altcoins often reflects the direction of the market. Altcoin hotspot: The rise of dogecoin The recent market hotspot is that Musk was appointed as the director of the Department of Government Efficiency (d.o.g.e). The market value of Dogecoin (DOGE) has exceeded 60 billion US dollars, and related dogecoin meme coins such as Dogecoin (DOGE), BONK, FLOKI, and NEIRO have all seen a sharp rise. The future may be a spiral rise of DOGE and PNUT. Differences between dogecoins: Neiro: Mainly dependent on in-circle traffic, it is difficult to reach the height of SHIB. PNUT: There is a strong cultural and political value behind it, and it has great potential. DOGE: It is still the core leader. Although it has the largest market value, its upward space is still to be explored, especially the launch of DOGE ETF, which may drive its rise. At present, DOGE is the leader of the market, and PNUT may become the next SHIB and rise rapidly. If you can get PNUT now, you may have mastered the core chips and are expected to get good returns in the future. Operation strategy in the bull market In every bull market cycle of cryptocurrency, the time window for real money making is usually concentrated within 1-3 months. You need to adjust the operation strategy according to different stages: In the early stage of the bull market: there are many opportunities, high tolerance rate, and large room for growth. At this time, you should act decisively and increase your position appropriately. In the middle stage of the bull market: you need to remain stable and reasonably control your position to avoid being trapped because of too large a position. In the late stage of the bull market: you must always be vigilant about market risks, keep a clear mind, exit decisively, and lock in profits. In general, now is a good time to enter the bull market. If you seize the opportunity of the pullback and operate steadily, there may be greater room for growth in the next few months. The bull market is coming, brothers, come and gather here!
The bull market is not over yet, where are the opportunities for altcoins?
In yesterday's market correction, although Bitcoin hardly fell, altcoins fell sharply, and many fell by more than 5%. It feels like when your altcoins are about to recover, they suddenly stop rising and fall back to where they were. The market is so unstable, with ups and downs, and today's market may be completely different from yesterday. Four stages of a bull market Looking back at history, there are usually four stages in a bull market: Pessimistic stage: No one can see hope, and the bull market has just begun. Doubt stage: The market starts to rise, but many people dare not believe it, and many people are still questioning it at this time. Optimistic stage: When the market rises steadily, investors begin to get excited, and the bull market gradually matures. Excitement stage: The last crazy stage, the market rises too fast, risks begin to appear, and the bull market gradually ends. What stage is the current market in? According to my observation, we are still in the early stage of the bull market. It is normal to pull back and there is no need to worry too much. Market trend analysis: Now is a good time for a bull market If you are still immersed in the volatile market in the past few months, you need to get rid of your old operating habits. The current market has entered the bull market stage, and following the trend is the best choice. You can regard Trump's victory as a symbolic "first step". Now with the official start of the interest rate cut cycle, the bull market has not ended. Many institutions are still buying a large number of Bitcoin and altcoins, indicating that the market has not reached its peak. Pullback is a good opportunity In last night's pullback, we saw that Bitcoin and Dogecoin were the main players, followed by some other meme coins. Every time the market pulls back, we can see which currencies are stronger. For currencies like Dogecoin (DOGE), Peanut (PNUT), and Neiro, although some currencies have broken through new highs, some have V-shaped reversals, and pullbacks are often good opportunities to enter the market. In the bull market, remember one sentence: "Every pullback is a good opportunity to get on the bus." But be careful not to blindly increase leverage or open contracts. The most important thing is to ensure the safety of the principal before considering making money. $SOL $BONK $WIF #BTC连续破新高,你看到多少? #美国10月CPI数据即将公布 #马斯克将领导美国政府效率部
The market has gone completely crazy, breaking new historical highs. It only took a week, from 69k to 89k, Bitcoin surpassed silver from the 9th asset in the world to the 8th in the world. All this is because the old man won. Market sentiment is high, small investors and institutions are buying crazily, and U has been issuing more and more, and pulling up the market again. Since Bitcoin broke through the historical high, all technical indicators are not very useful. After warning of risks yesterday, it pulled back by about 5%, but it came back overnight. There are many pins and V-shaped reversals in the bull market. I hope everyone will not think about fighting those pullbacks. Even if you want to do it, you must bring a stop loss. Don't hold the order because of that limited profit, which will lead to the loss of all the opportunities later. It is recommended that everyone get rid of the operating habits of the previous 8 months of shock washing, and now follow the trend to integrate into the operating environment of the bull market. Winning the election is only the first step, taking office is the second step, and accepting the promise is the third step. In addition, the official launch of the interest rate cut cycle means that this position is definitely not the top, otherwise why are those institutions still buying crazily? Never try to bet on limited callback profits in a one-sided market, otherwise you will be trapped again and again, and in the end, the prosperity of the entire cryptocurrency circle may have nothing to do with you. Finally, I emphasize that you should hold on to the spot! ! ! Dogecoin has also skyrocketed. Let me tell you the reason for its surge. Someone interviewed Musk before and asked him if he was willing to lead the government. Musk joked that he was willing to lead the DOGE government. As Musk bet on Trump's victory, Trump officially announced today that Musk will cooperate with American entrepreneur Vivek Ramaswamy to lead the proposed government efficiency department (abbreviated as DOGE). You thought he was joking, but who knew he was serious. Today's market analysis, from the K-line, BTC is falling at the one-hour level (there is a stop-loss signal), sideways at the 4-hour level, and still rising at the 12-hour and daily levels. The intraday pressure level is 90,000 and the support level is 85,500 US dollars.
Trump said: I am pleased to announce that Musk will work with American patriot Vivek Ramaswamy to lead the Department of Government Efficiency "DOGE". These two outstanding Americans will work together to pave the way for my government to eliminate government bureaucracy, cut excessive regulation, cut wasteful spending, and restructure federal agencies. This move not only made Musk popular again, but also had a significant impact on the four words DOGE. Today, the D.0.G.E on the chain has doubled 200 times. This is the power of message traffic. Yesterday, Bitcoin ETF again received a large inflow of 817.5 million US dollars, and Ethereum ETF received an inflow of 135 million US dollars. Buying for 5 days should be enough. Market Interpretation Big Cake has begun to pull back. 85,000 has confirmed the short-term support. The volatility is still very large. Now a small K-line may fluctuate more than 1,500U. Yesterday, it fell about 5,000U from the high point. More than 25 times of long positions were wiped out. There will not be a particularly large decline at this stage. Because there are many people scrambling to get on the train, the market will continue to go up for a few days. At least this week is still a good opportunity to buy low from high ground, especially for contract players. CME futures have a large gap at 78,000-81,000. This is also a relatively good support point. The probability of filling the gap is relatively high, but there may only be one opportunity. If you want to get on the train or buy the bottom, this is a very good position. Big Cake fell slightly, and the second cake was numb again. Huixing went back again. Facts speak louder than words. SOL has also started to pull back. The 190 support level given before is still valid. The on-chain MEME still depends on SOL. MEME is the main line of the second half, no doubt. So for those who do T, the target of this purchase is the historical high. For the copycat: DOGE is completely crazy, but it didn't rise much today. Buy the expectation and sell the reality. This thing has landed. Should DOGE also adjust? Musk also took the opportunity to nurse the little squirrel. PNUT also rose in response. It is different with or without the support of B Security. This liquidity is very comfortable. You can also get 50% of the increase by catching up directly. Everyone is now ambushing the next MEME on B Security on the chain. Will it be LUCE? There is nothing to say about other copycats. Only MEME is shining. If you can't keep up with the rhythm, you will miss the whole bull market. $ACT $PNUT $AGLD #BTC何时破9万?
The bull market in the cryptocurrency market is coming. Are you on board?
Yesterday, the market fell back, but Bitcoin did not fall much, but the copycats returned to their original positions. This is the current market. BTC doge is the protagonist, and other memes follow closely. Every pullback can show who is stronger. Last night's pullback showed that memes such as pnut neiro act pepe wif are relatively strong. Some are new highs, and some are V-reversals. Pullbacks are the best opportunities to get on board. After yesterday's wave of pullbacks, the market's funding rate has also dropped a bit. A healthy rise is definitely not a continuous rise, so it is necessary to clear the leverage after a pullback! Don't chase the rise and kill the fall. A big pullback is a good time to build a position! Don't wait for it to rise again, and then get in. It may be a stage-by-stage high! At the macro level, the most important data of the week will be released tonight, the US seasonally adjusted CPI annual rate at the end of October will be released. There is some wait-and-see sentiment in the current market. If tonight, the forecast is 2.6%, if the published value is less than or equal to 2.6, the risk is lifted, and BTC will go to a higher position. Let's talk about a few hot events in the current market: 1. The greed index 84 in March began to plummet from greed 90, so do a good job of risk management. 2. The big cake weekly K is on the bull flag, and the logic of isometric rise can see at least 10W+. 3. The market value of cryptocurrency has reached a new high, breaking through 3 trillion US dollars, and off-site funds have begun to come in, so the future is extremely optimistic, don't fight against the trend. 4. The asset size of the US spot Bitcoin ETF has reached two-thirds of that of gold. It took only more than ten years for big cake to catch up with the size of gold. In short, a short-term correction does not mean the end of the bull market. There is no sign of a peak yet. Keep a calm mind and be patient. After Bitcoin reaches a new high, there will be waves of trends. We are still in the first wave. There will be adjustments later and new highs will be reached again. The bull market process is not achieved overnight, but requires a platform-by-platform upward movement. $PNUT $AGLD $SOL #BTC何时破9万? #美国10月CPI数据即将公布 #PNUT走高
If the CPI rises by 0.2%, the core CPI may rise to 0.3%!
This is a critical moment! Once the data exceeds expectations, the risk of inflation rebound will increase greatly, and after Trump's election, Powell will never resign! This means that the Fed's policy may become more tightened, the market pressure is huge, and the market will definitely encounter a fierce impact!
The mysterious currency has great benefits and attracted attention. The trend of BTC and Doge has become the focus. Which coins are the whales hoarding? Where will Ethereum go after the conference? Can Ton rise? Let's talk about SUI
A cryptocurrency has a huge positive news. According to analysis, it can surge by another 60%, and it is coming soon! Which currencies can make money now? And can the recently popular Doge and X continue to rise? Now let's follow Xianxian to find out. First of all, what everyone is most concerned about is how high will Bitcoin and Dogecoin rise and when will they peak? Xianxian discussed this with many of his whale friends, and surprisingly, everyone’s views were surprisingly consistent. They believed that this wave of market conditions would continue until Trump took office on January 20, when all the positive factors would be exhausted and a sharp correction would occur.
In the cryptocurrency circle, you have to find a way to earn 1 million yuan of principal first, and there is only one way to earn 1 million yuan of principal from tens of thousands of yuan, that is rolling position +
Some points to note about rolling position: 1. Enough patience, the profit of rolling position is huge, as long as you can roll successfully a few times, you can earn at least tens of millions or hundreds of millions, so you can't roll easily, you have to find opportunities with high certainty; 2. Highly certain opportunities refer to sideways fluctuations after a sharp drop +, and then break upward. At this time, the probability of trending is very high. Find the point of trend reversal and get on the train at the beginning. 3. Only roll more; Risk of rolling position Let's talk about the rolling position strategy. Many people think this is risky. I can tell you that the risk is very low, much lower than the logic of opening futures orders you play. If you only have 50,000, how to start with 50,000, first of all, this 50,000 should be your profit, if you still lose, don't look at it. If you open a position at 10,000 Bitcoin, set the leverage to 10 times, use the position-by-position mode, and only open 10% of the position, that is, only open 5,000 yuan as a margin, which is actually equivalent to 1x leverage and 2 points stop loss. If you stop loss, you only lose 2%, only 2%? 1,000 yuan. How did those people who were liquidated* get liquidated? Even if you were liquidated, wouldn’t you only lose 5,000? How could you lose everything? If you are right, Bitcoin rises to 11,000, you continue to open 10% of the total funds, and set the same stop loss of 2%. If you stop loss, you still earn 8%. What about the risk? Isn’t it said that the risk is very high? And so on... If Bitcoin rises to 15,000, you have successfully added positions, this wave of 50% market, you should be able to earn about 200,000, and catch this wave of market twice, it will be about 1 million. There is no such thing as compound interest +. 100 times is earned by 2 times 10 times, 3 times 5 times, and 4 times 3 times, not by 10% or 20% compound interest every day and every month. That is nonsense. This content not only has operational logic, but also contains the core inner skills of trading, position management +. As long as you understand position management, you will never lose everything. How much are you going to earn in this bull market?
The magic order that has been laid out recently is about to start! !
How to understand perpetual contracts in the cryptocurrency world?
Some people will strongly advise against playing with contracts, while others say that contracts are the fastest way to accumulate original capital, so you can often see those who play spot calling those who play with contracts gambling, and those who play with contracts saying that those who play spot and shout orders are cutting leeks. Now let's take a brief look at what a contract is. A contract is also called a perpetual contract, which is similar to a futures contract but has no delivery date. You can go long or short. For example, if you predict that a certain currency will rise, you choose to go long. When its price rises, you can make a profit, and vice versa. Why do most people like to play contracts? There are two reasons. For example, many people say that they buy spot and wait for a bull market for one or two years. Let's say you really wait until the bull market comes and the currency you bought also increases several times. Will you be satisfied? Many small capital players will not. 10,000 times or tens of thousands of yuan, I believe that most friends do not come to the currency circle for several times the return. What's more, what if the bull market does not come? What if the currency you bought in the bull market does not increase much? This is one of the reasons why many people play contracts. Another point is that contracts can be long and short, which makes people feel a little fairer subconsciously because buying spot can only be long. The dealer has a lot of low-priced chips in his hands, which makes people feel that they will be cut sooner or later.
Is the altcoin bull market expected to come? Let's talk about the current market logic. The entire market revolves around BTC DOGE: BTC is accelerating because central banks and institutions are queuing up to buy it: the faster it accelerates, the more it can stimulate these institutions to buy, and the more it buys, the more it can stimulate the US government to introduce a bill to make Bitcoin a reserve currency. This is a positive spiral. As for DOGE, Musk's promotion of Trump's election directly fermented: not only mainstream funds bought, but also countless retail investors bought it crazily. At the same time, DOGE has the favorable expectation of access to X in the future. In the future, DOGE will continue to rise, and it will be a matter of time before it breaks through $1. The booster of the peak bull market has been ignited, and the increase in Bitcoin has been far ahead of the mainstream coins, but most investors in the market still have a large number of altcoins in their hands, and some of those who bought it at a high point are still in a loss. So at this stage, when the altcoin can explode is a question that everyone is very concerned about: Yesterday, the ai sector also exploded, with Wld Render and others leading the rise. The strong ones in the Defi sector are Ena Uni Aave. At present, there is not much capital overflowing to the altcoin level. The current rise is some strong coins. When the big cake rises again or goes sideways, there will be a wave of altcoins, but you must stop profit when you make money. If the ALT (altcoin) can still maintain a sharp rise, then the bull market will start, and the general rise will come. And I think ETH is the key. If ETH can't continue to rise, then ALT will be even more difficult. How much do you plan to make in this bull market! !
The recent layout of the magic order is about to start! !
After the big rise of Bitcoin, how to choose altcoins with potential?
In this round of bull market, except for Bitcoin and a few meme coins that have been advancing all the way, most altcoins have performed mediocrely, and even the second-ranked ETH is still 50% away from the high point of the previous round. According to the logic of the rotation of the crypto market sector, there are generally four stages: The first stage: Bitcoin leads the rise and sucks blood crazily. The second stage: Ethereum and strong competing public chains are linked, and Bitcoin is sideways. The third stage: projects with new narratives and projects with money and want to make things. The fourth stage: a group of demons dance in chaos and return to a mess. The increase in Bitcoin since November is obvious to all, so I will not repeat it. As for the predictions of institutions or media that Bitcoin will eventually rise to $100,000, $120,000 or even higher in this round of bull market, I think it is not so important. Because after Bitcoin broke through the ATH at the beginning of this year, it continued to break new highs this month, sending a firm signal to the market that a bull market is coming, which is the most important. Secondly, looking up from $90,000 as the base point, in terms of percentage, there is actually not much room. That’s why we have the topic we are going to discuss today - how to choose a potential altcoin. Regarding the selection of altcoins, I would like to first throw out two principles that I think are worth referring to: Buy strong, not weak; buy new, not old Let me explain briefly, the so-called "buy strong, not weak", how to judge strong and weak: two standards, one is to look at the exchange rate of a certain token to Bitcoin or Ethereum (horizontal comparison); the second is to buy the leader, not the second (vertical comparison) in the segmented track. Especially for the second point, don’t be afraid to buy because the leader has risen sharply, and turn around to choose the second and third brothers behind. The second and third brothers will definitely make up for the rise, but only make up for the rise. The so-called "buy new, not old" is relatively easy to understand. First of all, due to historical reasons, old coins will have locked-in positions in many positions, which is a very strong resistance in the process of price increases. Just look at the performance of LTC, BCH, and BSV in the last round of bull market. Therefore, when funds choose to pull the target, they will definitely not choose these bulky broken cars as the first choice. Do you want the main force to spend money to carry the sedan for retail investors? $BONK $SOL $SUI #DOGE看涨情绪飙升 #BTC何时破9万? #比特币搜索热度攀升
Bitcoin breaks through $89,000, Dogecoin surges by more than 20%, "Trump deal" is still working, what is the future trend of virtual currency?
Bitcoin is a standard IQ detector.
"The success or failure of financial assets ultimately depends on the performance of physical assets."
--Zwei Bodi + "Investment Science"
Is Bitcoin a physical asset or a financial asset?
Physical assets can create products and services for people to use. Obviously, Bitcoin does not have this function. Even gold, which is used for comparison, has some uses in industry and decoration.
Financial assets represent the ownership of corresponding physical assets and the right to claim the income generated. Then everyone compares Bitcoin with the sovereign credit of various countries. Behind the currencies of various countries is the sovereign credit of the country. Bitcoin can also be done in theory, but this creates another problem. The number of Bitcoins is capped.
One of the characteristics of the credit currencies currently used by various countries: theoretically, they can be issued unlimitedly. Why do we do this? Because humans first used physical currency, and physical currency caused deflation when accompanying the progress of human productivity.
Let's take the example of buying bread with gold coins. There is an upper limit on the number of gold coins. Originally, the whole society could produce 100 loaves of bread a day, but later, after productivity improvement, it became 1,000 loaves a day. How should the price of bread change? If the price of bread remains unchanged, where can we find extra gold coins? After all, there is only so much gold, and the increase is very small. If the price of bread decreases, deflation will occur, which is not conducive to stimulating productivity improvement. So in order to solve the problem, we finally embarked on the path of credit currency. Bitcoin is in this situation. It is very embarrassing. No major country is willing to use this thing as a serious currency. This is equivalent to financial suicide. As a physical asset, it has no use. As a financial asset, there is no corresponding physical or credit endorsement. Isn't it just air? Oh no, it's worse than air. After all, people can't live without air. Without Bitcoin, the lives of 99.9999% of people are basically not affected, except for those who hype and speculate on Bitcoin. $BONK $SOL $SUI #BTC何时破9万? #加密货币总市值破3万亿美元 #DOGE看涨情绪飙升
The market for altcoins has several characteristics:
1. Occasionally surges, attracting participants. 2. Long-term view always in a downtrend. 3. Occasionally rebounds for a few months, but it's old players trapping new ones. 4. No long-term holding value; buying on dips is just to sell on highs. 5. When major varieties rise to high positions, some risk capital may take a chance and run, leading to very short-term market movements. Advice for those participating in altcoin trading: For risk-averse individuals, absolutely avoid altcoins; for risk-seeking individuals, you can buy at low points and sell at high points, participating in the game of speculation, but be prepared for total loss. To avoid getting cut, one must realize that wealth does not come through urgency; cryptocurrency is inherently a speculative industry, so why participate in speculative altcoins within a speculative industry? As for Bitcoin's market, in the short term, bulls are repeatedly defeated by bears, and in local battles, bulls lose nine out of ten times! In the long term, bulls achieve victory without any suspense, as Bitcoin is an unstoppable trend demand and the cornerstone of blockchain! Do you prefer momentary pleasure or eternal longevity? It's up to you. Regardless, you will observe a phenomenon: those who make money in the market, especially those who make big money, will ultimately return to Bitcoin. In the future world, there will only be two types of people: those with Bitcoin and those without Bitcoin. $BONK $SOL $SUI #BTC连续破新高,你看到多少? #比特币搜索热度攀升 #牛回速归,晒晒你的持仓?