A major event that can only be encountered once every 3,500 years has occurred in the mining industry
This is to save the Milky Way
A block was actually discovered in my lifetime
Someone used a $200 open source mining hardware mining machine
Mined 3.192 BTC (211,000 U)
This kind of mining machine is sold by a company in Hong Kong for only one or two hundred dollars, and the computing power of a single machine is about 500-600GH/s.
It is very light, only one or two hundred grams; the power consumption is very low, and it can be powered by a USB interface.
Someone used this little thing to discover a BTC block and earned 3.192 BTC!
Based on the 3TH/s computing power he used and the current total computing power of the entire network of about 648EH/s, a block can only be discovered once every 3,500 years (that is, a correct block is mined)
Or there is a probability of more than one in a million to discover a block every day.
A stupid method of speculating in cryptocurrencies.
1. Currency screening First, select from a large number of currencies those that have been on the list of gains in the past 11 days and have not fallen continuously in the past three days. The three-day continuous decline needs to be excluded to avoid capital profit flight. These are the focus of attention.
2. MACD monthly line indicator Then check the monthly line chart of these currencies and find the currency with the MACD indicator forming a golden cross.
The appearance of the golden cross means that the medium- and long-term trend is positive, which is an important signal for us to consider entering the market.
3. Daily 60-day moving average entry Then turn to the daily chart and focus on the 60-day moving average.
When the currency price is near the 60-day moving average and the trading volume is enlarged, you can choose to enter the market.
4. Holding and clearing positions During the holding period, the 60-day moving average is used as the benchmark for operation.
Hold when the currency price is above the moving average, and consider selling once it falls below the moving average.
At the same time, in order to control risks, it is recommended to partially or completely reduce positions when the increase reaches a certain level (such as 30% or 50%).
Most importantly, if the price of the currency falls below the 60-day moving average the next day after buying, you must consider clearing your position immediately to avoid further losses.